Park Ridge Nursing Home Inc
- Assets
- $24.8m
- Revenue
- $21.8m
- Investments
- $0.0
- Employees
- 418
- Location
- Rochester, NY
- Founding
- 02/1971
- Data as of
- 12/2022
- EIN
- 16-0978184
Organization Overview
Park Ridge Nursing Home Inc is located in Rochester, NY. The organization was established in 1971. 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 12/2022, Park Ridge Nursing Home Inc employed 418 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Park Ridge Nursing Home 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 12/2022, Park Ridge Nursing Home Inc generated $21.8m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (2.3%) each year. All expenses for the organization totaled $20.8m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (2.8%) per year over the past 8 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
AN AFFIILIATE OF THE SYSTEM AND THE CENTER OF AGING AND CONTINUING CARE SERVICES, PARK RIDGE NURSING HOME (D.B.A PARK RIDGE LIVING CENTER) IS DEDICATED TO PROVIDING QUALITY CARE, INDEPENDENCE AND A POSITIVE LIVING EXPERIENCE FOR THE PATIENTS AND RESIDENTS IN OUR FACILITY. THE MISSION IS ACHIEVED THROUGH THE CORE VALUES OF THE SYSTEM WHICH INCLUDE PEOPLE, EXCELLENCE, LEARNING AND RESULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
120-BED NURSING FACILITY PROVIDING 41,688 PATIENT CARE DAYS. PARK RIDGE NURSING HOME PROVIDES A MODEL OF CARE FOR RESIDENTS WHERE THEY ARE ENCOURAGED TO MAKE THEIR OWN CHOICES AND PROVIDES A HOME ENVIRONMENT IN WHICH THEY WILL LIVE AND SHARE LIFE'S JOURNEY.
THREE SOCIAL DAYCARES CENTERS PROVIDING 3,249 CLIENT CARE DAYS. AN ADULT DAY SERVICES PROGRAM WHICH PROVIDES A CARING, SUPPORTIVE AND THERAPEUTIC ENVIRONMENT FOR PEOPLE WHO NEED CARE OR SUPERVISION DURING DAY-TIME HOURS.
PARK RIDGE AT HOME
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 |
|---|---|---|---|
Charles H Hank Stuart Chair Of The Board | OfficerTrustee | 1 | $0 |
Marilyn Dollinger Treasurer | OfficerTrustee | 1 | $0 |
Daniel Meyers Secretary | OfficerTrustee | 1 | $0 |
Richard Davis PHD CEO | OfficerTrustee | 1 | $23,527 |
Elizabeth Patton PHD Director | Trustee | 1 | $0 |
Ralph Destephano Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Et Reliant Secuirty Services Security Officers | 12/30/20 | $189,740 |
Special Care Systems Llc Hospital Equipment And Supplies | 12/30/20 | $110,309 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $200,912 |
| Government grants | $454 |
| 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 | $201,366 |
| Total Program Service Revenue | $21,591,517 |
| Investment income | $114 |
| 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 | $21,799,405 |
| 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. | $67,700 |
| Compensation of current officers, directors, key employees. | $9,945 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,320,960 |
| Pension plan accruals and contributions | $569,516 |
| Other employee benefits | $1,134,702 |
| Payroll taxes | $930,805 |
| Fees for services: Management | $2,452 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $980 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,272,081 |
| Advertising and promotion | $1,845 |
| Office expenses | $214,501 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $449,581 |
| Travel | $16,415 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | -$5,175 |
| Interest | $472,237 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $968,986 |
| Insurance | $26,000 |
| All other expenses | -$13,476 |
| Total functional expenses | $20,795,761 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,213,484 |
| Savings and temporary cash investments | $54,449 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $988,998 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $20,249 |
| Prepaid expenses and deferred charges | $38,176 |
| Net Land, buildings, and equipment | $13,732,391 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,769,112 |
| Total assets | $24,816,859 |
| Accounts payable and accrued expenses | $1,562,515 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $13,875,103 |
| Escrow or custodial account liability | $36,276 |
| 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 | $4,587,853 |
| Total liabilities | $20,061,747 |
| Net assets without donor restrictions | $4,639,536 |
| Net assets with donor restrictions | $115,576 |
| 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 | $24,816,859 |