Foundation For Long Term Care Inc
- Assets
- $271.7k
- Revenue
- $1.8m
- Investments
- $0.0
- Employees
- 0
- Location
- Latham, NY
- Founding
- 04/1978
- Data as of
- 12/2021
- EIN
- 14-1601723
Organization Overview
Foundation For Long Term Care Inc is located in Latham, NY. The organization was established in 1978. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Foundation For Long Term Care 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 12/2021, Foundation For Long Term Care Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 4.4% per year over the past 7 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.
Since 2020, Foundation For Long Term Care Inc has awarded 128 individual grants totaling $2,472,175. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO IMPROVE, BY ORGANIZING, CONDUCTING, SPONSORING AND PROMOTING RESEARCH AND EDUCATIONAL PROGRAMMING, THE WAY CARE FOR AN AGING SOCIETY IS DELIVERED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MOTHER CABRINI HEALTH FOUNDATION GRANT RECEIVED TO SUPPORT LONG-TERM CARE PROVIDERS AND THEIR RESIDENTS AND PATIENTS DURING THE COVID-19 PANDEMIC. FUNDING USED TO OFFSET THE COSTS OF THE COVID-19 PANDEMIC INCLUDING HAZARD PAY, PERSONAL PROTECTIVE EQUIPMENT, TELEHEALTH TECHNOLOGY, TRAINING AND EDUCATION, CHILDCARE AND WELLNESS PROGRAMS, AND UNREIMBURSED EXPENSES RELATED WITH COVID TESTING FOR STAFF.
FLTC EDUCATION: HOSTED FIVE CONFERENCES WITH 769 ATTENDEES, FIVE IN-PERSON SEMINARS WITH 261 ATTENDEES, AND THREE WEBINARS WITH 709 ATTENDEES.
RESEARCH: NYS DEPARTMENT OF HEALTH EMERGENCY PREPAREDNESS GRANTS: THE LTCA (RHCF) GRANT PROVIDES THAT LEADINGAGE NEW YORK WORKS IN CONJUNCTION WITH WORKGROUP PARTNERS AND WITH THE OFFICE OF HEALTH EMERGENCY PREPAREDNESS (OHEP). LEADINGAGE NEW YORK ATTENDS OHEP ADVISORY COMMITTEE MEETINGS AND LTC ASSOCIATION/HEPC MEETINGS. FACILITATES THE COMMUNICATION OF INFORMATION RELATED TO EMERGENCY PREPAREDNESS INCLUDING, BUT NOT LIMITED TO, INFORMATION ON CMEP, MCM AND IOC DRILLS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathleen Gormley Director Of Conference Management | 35 | $106,963 | |
James W Clyne Jr President/ceo | Officer | 6 | $52,170 |
Denise Mitchell Alper Executive VP | Officer | 11 | $44,263 |
Karen Lipson Evp For Innovation Strateg | 4 | $14,989 | |
Ellen Quinn VP Human Resources | 3 | $8,585 | |
Bob Caulfield Treasurer | OfficerTrustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $135,000 |
| Government grants | $27,139 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,250,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,412,139 |
| Total Program Service Revenue | $399,936 |
| Investment income | $0 |
| 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 | $1,812,075 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,232,173 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $296,300 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $84,295 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,165 |
| Fees for services: Accounting | $5,007 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $28,479 |
| Advertising and promotion | $0 |
| Office expenses | $4,222 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,245 |
| Travel | $461 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $62,978 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $876 |
| All other expenses | $0 |
| Total functional expenses | $1,753,502 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $267,124 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $1,822 |
| Accounts receivable, net | $0 |
| 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 | $2,709 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $271,655 |
| Accounts payable and accrued expenses | $13,765 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| 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 | $93,015 |
| Total liabilities | $106,780 |
| Net assets without donor restrictions | $72,655 |
| Net assets with donor restrictions | $92,220 |
| 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 | $271,655 |
Grants Awarded
Over the last fiscal year, Foundation For Long Term Care Inc has awarded $1,157,600 in support to 52 organizations.
| Grant Recipient | Amount |
|---|---|
New York, NY PURPOSE: PANDEMIC RELIEF FOR LONG TERM CARE | $25,600 |
Buffalo, NY PURPOSE: PANDEMIC RELIEF FOR LONG TERM CARE | $25,600 |
Crotononhudson, NY PURPOSE: PANDEMIC RELIEF FOR LONG TERM CARE | $25,600 |
DR SUSAN SMITH MCKINNEY NURSING PURPOSE: PANDEMIC RELIEF FOR LONG TERM CARE | $25,600 |
Scotia, NY PURPOSE: PANDEMIC RELIEF FOR LONG TERM CARE | $25,600 |
Queens, NY PURPOSE: PANDEMIC RELIEF FOR LONG TERM CARE | $25,600 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Foundation For Long Term Care Inc has recieved totaling $1,257,500.
| Awarding Organization | Amount |
|---|---|
Mother Cabrini Health Foundation New York, NY PURPOSE: SUPPORTING LONG-TERM CARE PROVIDERS AND THEIR RESIDENTS AND PATIENTS DURING THE PANDEMIC | $1,250,000 |
Aging In America Inc Purchase, NY PURPOSE: SUPPORT EDUCATIONAL DEVELOPMENT FOR STAFF/MANAGERS THROUGH TRAINING. | $7,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mercy Home For Children Brooklyn, NY | $34,218,405 | $23,455,311 |
Community Based Services Inc North Salem, NY | $21,316,827 | $22,708,330 |
Aid To The Developmentally Disabled Inc Riverhead, NY | $11,727,118 | $19,296,528 |
Our House Inc Murray Hill, NJ | $16,777,896 | $19,476,293 |
Verland Cla Sewickley, PA | $13,179,634 | $19,325,762 |
New Horizons In Autism Inc Freehold, NJ | $3,273,696 | $18,132,303 |
United Helpers Care Inc Ogdensburg, NY | $10,359,833 | $15,265,783 |
South Shore Association For Independent Living Inc Baldwin, NY | $15,533,435 | $16,812,940 |
Childrens Home Of Jefferson Watertown, NY | $16,958,713 | $16,096,937 |
Community Resource Center For The Developmentally Disabled Inc Bronx, NY | $8,612,894 | $17,540,807 |
Fitzmaurice Community Services Inc Stroudsburg, PA | $10,530,361 | $14,451,347 |
Robert F Kennedy Childrens Action Corps Lancaster, MA | $8,178,483 | $14,493,083 |