Woodbrook Assisted Living Residence Inc
- Assets
- $6.0m
- Revenue
- $3.7m
- Investments
- $0.0
- Employees
- 99
- Location
- Elmira, NY
- Founding
- 07/1943
- Data as of
- 03/2023
- EIN
- 16-0766337
Organization Overview
Woodbrook Assisted Living Residence Inc is located in Elmira, NY. The organization was established in 1943. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. As of 03/2023, Woodbrook Assisted Living Residence Inc employed 99 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Woodbrook Assisted Living Residence 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 03/2023, Woodbrook Assisted Living Residence Inc generated $3.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $3.7m during the year ending 03/2023. While expenses have increased by 0.7% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO UNDERSTAND AND FULFILL NEEDS OF THE RESIDENTS AND TO PROVIDE QUALITY ASSISTED LIVING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ASSISTED LIVING SERVICES: PROVIDE ROOM AND BOARD, INCLUDING 24 HOUR ASSISTANCE AND SUPERVISION, MEALS, MEDICATION ADMINISTRATION ASSISTANCE, MEDICAL TRANSPORTATION, AND VARIOUS PROGRAMS AND ACTIVITES.
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 |
|---|---|---|---|
Michael Smith President | OfficerTrustee | 2 | $0 |
Dr Jon Homuth Vice President | OfficerTrustee | 2 | $0 |
Michael Hart Treasurer | OfficerTrustee | 2 | $0 |
Patricia Wahl Secretary | OfficerTrustee | 2 | $0 |
Mary-Booth Roberts Director | Trustee | 2 | $0 |
Angela Mcinerny Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $234,646 |
| 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 | $234,646 |
| Total Program Service Revenue | $3,418,791 |
| Investment income | $102 |
| 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 | $3,665,266 |
| 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. | $269,179 |
| Compensation of current officers, directors, key employees. | $67,294 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,640,521 |
| Pension plan accruals and contributions | $46,788 |
| Other employee benefits | $145,849 |
| Payroll taxes | $209,608 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $4,652 |
| Fees for services: Accounting | $17,394 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $75,198 |
| Office expenses | $27,577 |
| Information technology | $16,189 |
| Royalties | $0 |
| Occupancy | $131,018 |
| Travel | $8,944 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $50,368 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $403,996 |
| Insurance | $74,488 |
| All other expenses | $122,072 |
| Total functional expenses | $3,707,078 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $304,337 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $90,583 |
| 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 | $10,955 |
| Net Land, buildings, and equipment | $5,365,279 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $216,832 |
| Total assets | $5,987,986 |
| Accounts payable and accrued expenses | $183,796 |
| 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 | $1,150,979 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $48,329 |
| Total liabilities | $1,383,104 |
| Net assets without donor restrictions | $4,604,882 |
| 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 | $5,987,986 |