Capital Region Geriatric Center Inc
- Assets
- $50.4m
- Revenue
- $23.2m
- Investments
- $9.9m
- Employees
- 341
- Location
- Cohoes, NY
- Founding
- 08/1988
- Data as of
- 12/2021
- EIN
- 14-1701597
Organization Overview
Capital Region Geriatric Center Inc, operating under the name Eddy Village Green, is located in Cohoes, NY. The organization was established in 1988. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 12/2021, Eddy Village Green employed 341 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eddy Village Green 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, Eddy Village Green generated $23.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $23.7m during the year ending 12/2021. While expenses have increased by 1.9% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LONG-TERM CARE
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAPITAL REGION GERIATRIC CENTER, WHICH DOES BUSINESS AS EDDY VILLAGE GREEN, IS A SKILLED NURSING CENTER LOCATED IN COHOES, NEW YORK, JUST OUTSIDE OF ALBANY. THE CENTER OFFERS 16 12-UNIT SKILLED NURSING RESIDENCES DESIGNED TO ELIMINATE THE CONVENTIONAL, INSTITUTIONAL FEEL OF TRADITIONAL NURSING FACILITIES AND IMPROVE THE QUALITY OF LIFE FOR RESIDENTS WITH LESS DEPRESSION AND GREATER DIGNITY, PRIVACY, MEANINGFUL ACTIVITY, AND RELATIONSHIPS. PLEASE VISIT OUR WEBSITE FOR ADDITIONAL INFORMATION:WWW.SPHP.COM/EDDY-VILLAGE-GREEN-AT-COHOES-CC
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Terry Christian-Dehler Rn, Care Management | 50 | $176,826 | |
Erik Margolis Executive Director | 50 | $155,086 | |
Sonia Chevannes Rn, Care Management | 50 | $123,116 | |
Juney Job Lpn, Med Rated | 50 | $121,345 | |
Alyson Kelly Director Of Nursing, Ltc | 50 | $119,036 | |
James Reed MD Director; President & CEO | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Unidine Corporation Management Of Dining Services | 12/30/21 | $363,390 |
Rbm Guardian Fire Protection Maintenance Services | 12/30/21 | $297,798 |
Peachtree Builders Llc Construction Services | 12/30/21 | $276,410 |
Omnicare Of Ballston Spa Pharmacy Services | 12/30/21 | $142,462 |
Select Rehabilitation Inc Physical And Occupational Therapy Servic | 12/30/21 | $529,596 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $26,009 |
| Government grants | $549,462 |
| All other contributions, gifts, grants, and similar amounts not included above | $12,753 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $588,224 |
| Total Program Service Revenue | $21,015,523 |
| Investment income | $675,434 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $899,805 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $23,214,921 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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 | $10,792,645 |
| Pension plan accruals and contributions | $394,203 |
| Other employee benefits | $965,914 |
| Payroll taxes | $803,744 |
| Fees for services: Management | $42 |
| Fees for services: Legal | $254 |
| Fees for services: Accounting | $44,114 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $19,113 |
| Fees for services: Other | $1,590,819 |
| Advertising and promotion | $19,221 |
| Office expenses | $580,068 |
| Information technology | $1,290 |
| Royalties | $0 |
| Occupancy | $864,270 |
| Travel | $3,029 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,869 |
| Interest | $706,191 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,792,708 |
| Insurance | $113,278 |
| All other expenses | $164,119 |
| Total functional expenses | $23,693,946 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,812 |
| Savings and temporary cash investments | $612,709 |
| Pledges and grants receivable | $58,834 |
| Accounts receivable, net | $924,372 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $83,597 |
| Prepaid expenses and deferred charges | $71,648 |
| Net Land, buildings, and equipment | $18,291,262 |
| Investments—publicly traded securities | $18,427,365 |
| Investments—other securities | $9,922,427 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,012,338 |
| Total assets | $50,439,364 |
| Accounts payable and accrued expenses | $3,182,192 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $34,037 |
| 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 | $19,144,891 |
| Total liabilities | $22,361,120 |
| Net assets without donor restrictions | $26,117,508 |
| Net assets with donor restrictions | $1,960,736 |
| 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 | $50,439,364 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Capital Region Geriatric Center Inc has recieved totaling $277,395.
| Awarding Organization | Amount |
|---|---|
Northeast Health Foundation Inc Albany, NY PURPOSE: GENERAL SUPPORT | $167,395 |
Ltc Eddy Inc Troy, NY PURPOSE: GENERAL SUPPORT | $75,000 |
Capital District Physicians Health Plan Inc Albany, NY PURPOSE: PPE, FOOD, HOUSING AND EMERGENCY AID ASSISTANCE | $35,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cobble Hill Health Center Inc Brooklyn, NY | $104,850,612 | $51,888,626 |
Morris Hall St Lawrence Inc Lawrenceville, NJ | $55,795,819 | $48,236,558 |
Jewish Home Lifecare Sarah Neuman Center Westchester New York, NY | $40,158,579 | $47,212,238 |
United Home For Aged Hebrews New Rochelle, NY | $40,914,674 | $49,305,789 |
Carmel Richmond Nursing Home Inc Staten Island, NY | $55,443,617 | $48,780,538 |
New England Deaconess Association Concord, MA | $168,661,233 | $42,765,861 |
Madlyn And Leonard Abramson Center For Jewish Life Blue Bell, PA | $70,280,035 | $47,324,338 |
Ozanam Hall Of Queens Nursing Home Inc Bayside, NY | $72,263,682 | $46,054,461 |
The Northeast Health Group Inc Bala Cynwyd, PA | $20,717,577 | $41,701,178 |
Phoebe Home Inc Allentown, PA | $44,042,871 | $37,033,122 |
Wesley Health Care Center Inc Saratoga Springs, NY | $29,960,994 | $37,958,192 |
St Johns Health Care Corporation Rochester, NY | $28,699,154 | $43,446,483 |