Gurwin Jewish-Fay J Lindner Residences Inc
- Assets
- $16.3m
- Revenue
- $12.6m
- Investments
- $0.0
- Employees
- 108
- Location
- Commack, NY
- Founding
- 04/1997
- Data as of
- 06/2022
- EIN
- 11-3342472
Organization Overview
Gurwin Jewish-Fay J Lindner Residences Inc is located in Commack, NY. The organization was established in 1997. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Gurwin Jewish-Fay J Lindner Residences Inc employed 108 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gurwin Jewish-Fay J Lindner Residences Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Gurwin Jewish-Fay J Lindner Residences Inc generated $12.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.9%) each year. All expenses for the organization totaled $14.1m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (1.7%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A SUPPORTIVE RESIDENTIAL ENVIROMENT FOR THE ELDERLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GURWIN JEWISH-FAY J. LINDNER RESIDENCES PROVIDES HOUSING AND SUITABLE CARE FOR ADULTS THAT REQUIRE THE SERVICES OF ATTENDANTS TO ENSURE THEIR SAFETY AND COMFORT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Patience Currie Assistant Administrator | 37.5 | $136,259 | |
Michael Letter Administrator/coo | Officer | 37.5 | $74,911 |
Bert Brodsky Chairman | OfficerTrustee | 4 | $0 |
Stephen Levy Vice Chair | OfficerTrustee | 0.5 | $0 |
Stuart Almer President And CEO | OfficerTrustee | 0.5 | $0 |
Sandy Stoll Treasurer | OfficerTrustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Unidine Corporation Food Service | 6/29/22 | $2,369,235 |
Healthcare Risk Advisors Insurance | 6/29/22 | $301,166 |
Gurwin Jewish Nursing Rehabilitat Shared Services | 6/29/22 | $719,310 |
American Building Contractors Construction | 6/29/22 | $152,622 |
Us Security Associates Security | 6/29/22 | $131,442 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $24,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $24,000 |
| Total Program Service Revenue | $12,460,868 |
| Investment income | $2,439 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,589,869 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $327,966 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $74,911 |
| Compensation of current officers, directors, key employees. | $74,911 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,483,814 |
| Pension plan accruals and contributions | $154,844 |
| Other employee benefits | $970,593 |
| Payroll taxes | $363,848 |
| Fees for services: Management | $717,500 |
| Fees for services: Legal | $12,725 |
| Fees for services: Accounting | $34,000 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,325 |
| Fees for services: Other | $0 |
| Advertising and promotion | $129,605 |
| Office expenses | $3,082,039 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,000,462 |
| Travel | $105,884 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,658 |
| Interest | $1,304,801 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,007,379 |
| Insurance | $249,527 |
| All other expenses | $0 |
| Total functional expenses | $14,061,845 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,048 |
| Savings and temporary cash investments | $933,506 |
| Pledges and grants receivable | $722,426 |
| Accounts receivable, net | $175,613 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $38,053 |
| Net Land, buildings, and equipment | $11,955,012 |
| Investments—publicly traded securities | $1,999,152 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $498,542 |
| Total assets | $16,324,352 |
| Accounts payable and accrued expenses | $1,416,204 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $28,012,680 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,777,610 |
| Total liabilities | $31,206,494 |
| Net assets without donor restrictions | -$14,882,142 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $16,324,352 |