Fountainview At College Road Inc
- Assets
- $23.8m
- Revenue
- $8.1m
- Investments
- $0.0
- Employees
- 69
- Location
- Monsey, NY
- Founding
- 11/1997
- Data as of
- 12/2019
- EIN
- 13-3935070
Organization Overview
Fountainview At College Road Inc is located in Monsey, 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 12/2019, Fountainview At College Road Inc employed 69 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2019, Fountainview At College Road Inc generated $8.1m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $7.1m during the year ending 12/2019. While expenses have increased by 1.8% per year over the past 5 years. They've been increasing with an increasing level of total revenue. 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
2019
Describe the Organization's Mission:
Part 3 - Line 1
TO MEET THE SPECIAL HOUSING NEEDS OF THE ELDERLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HOUSING: TO PROVIDE FOR THE HOUSING NEEDS OF THE ELDERLY.
BENEFITING, PROMOTING, AND SUPPORTING QUALIFYING RELIGIOUS CHARITABLE AND EDUCATIONAL ACTIVITIES CONDUCTED BY OR IN CONNECTION WITH CHEVRA LIADY NUSACH HOARY, A RELIGIOUS ORGANIZATION AND THE SOLE MEMBER OF NORTHERN FOUNDATION.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jacob Tauber Chairman | OfficerTrustee | 0.1 | $0 |
Rabbi Simon Lauber Secretary | OfficerTrustee | 0.1 | $0 |
Gedalia Klein COO | Officer | 3 | $0 |
Morris Klein Executive Dir. | Officer | 6 | $0 |
Michael Nowicki Compliance Offi | Officer | 6 | $0 |
Levi Appel Board Member | Trustee | 0.1 | $0 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $7,936,085 |
| Investment income | $7,461 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $103,200 |
| 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 | $8,070,650 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $581,533 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $9,796 |
| Compensation of current officers, directors, key employees. | $9,796 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $981,835 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $89,772 |
| Payroll taxes | $79,383 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $13,708 |
| Fees for services: Accounting | $28,325 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $429,663 |
| Advertising and promotion | $69,411 |
| Office expenses | $69,325 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,365,821 |
| Travel | $19,541 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $12,590 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $810,683 |
| Insurance | $83,188 |
| All other expenses | $0 |
| Total functional expenses | $7,090,103 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,041,484 |
| Savings and temporary cash investments | $1,141,644 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $491,037 |
| 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 | $67,321 |
| Net Land, buildings, and equipment | $18,104,835 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $23,846,321 |
| Accounts payable and accrued expenses | $213,228 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $12,674,727 |
| Escrow or custodial account liability | $535,891 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $53,634 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,307,272 |
| Total liabilities | $14,784,752 |
| Net assets without donor restrictions | $9,061,569 |
| 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 | $23,846,321 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Island Rehabilitation And Nursing Center Inc Holtsville, NY | $14,390,385 | $17,782,634 |
Williamsport Home Williamsport, PA | $21,321,737 | $18,039,168 |
Seniorcare Montchanin Inc Hamilton, NJ | $10,920,796 | $16,234,016 |
Orchard Park Ccrc Inc Orchard Park, NY | $78,095,535 | $17,450,611 |
Canterbury Place Pittsburgh, PA | $34,577,505 | $12,008,431 |
Firemens Association Of The State Of New York Albany, NY | $44,373,422 | $19,202,245 |
Gurwin Jewish-Fay J Lindner Residences Inc Commack, NY | $20,691,800 | $16,041,067 |
Pitman Manor Inc Neptune, NJ | $7,161,350 | $16,525,932 |
Ascentria Care Alliance Inc Worcester, MA | $29,614,542 | $16,912,673 |
Christopher House Inc Worcester, MA | $10,199,333 | $14,604,298 |
Alliance Health Of Massachusetts Inc Southborough, MA | $12,821,100 | $13,935,864 |
Good Shepherd Village At Endwellinc Endwell, NY | $61,231,079 | $16,002,912 |