Assisted Living Inc
- Assets
- $2.1m
- Revenue
- $524.3k
- Investments
- $0.0
- Employees
- 20
- Location
- Trenton, NJ
- Founding
- 09/2016
- Data as of
- 12/2020
- EIN
- 22-3626780
Organization Overview
Assisted Living Inc is located in Trenton, NJ. The organization was established in 2016. 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 12/2020, Assisted Living Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Assisted Living 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 12/2020, Assisted Living Inc generated $524.3k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $392.0k during the year ending 12/2020. While expenses have increased by 5.5% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
SERVICES PROVIDED TO AFFORDABLE HOUSING RESIDENTS INCLUDING ASSISTANCE WITH BATHING, DRESSING, GROOMING, MEDICATION ADMINISTRATION, ACTIVITIES, MEAL PREP, SAFETY AWARENESS, ARRANGING TRANSPORT. SERVICES ARE PROVIDED BY ASSISTED LIVING INC STAFF 24 HOURS PER DAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
USED MEAL AND SERVICE REVENUE TO PURCHASE FOOD, AND PAY STAFF TO SERVE FOOD AND TO PAY STAFF TO PROVIDE HANDS ON ASSISTANCE WITH ACTIVITIES OF DAILY LIVING TO RESIDENTS IN THE ASSISTED LIVING PROGRAM TO FULFILL THE MISSION OF ENABLING RESIDENTS TO AGE IN PLACE IN THEIR APARTMENT BUILDING. THE FUNDS ARE ALSO USED TO PAY FOR INSURANCE, LICENSURE FEES, AND SUPPLIES FOR STAFF TO SAFELY PERFORM THEIR DUTIES.
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 |
|---|---|---|---|
Rebecca Lynn Executive Director | Trustee | 40 | $16,538 |
Fay Slotnick Chairwoman | Trustee | 0.05 | $0 |
Keith Mullahey Treasurer | Trustee | 0.05 | $0 |
Steven Lynn Vice Chairman | Trustee | 0.05 | $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 | $19 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19 |
| Total Program Service Revenue | $524,249 |
| 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 | $524,268 |
| 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. | $16,538 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $210,370 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $21,224 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $550 |
| Office expenses | $5,294 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $700 |
| Depreciation, depletion, and amortization | $45,215 |
| Insurance | $25,656 |
| All other expenses | $7,588 |
| Total functional expenses | $392,013 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $178,416 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $300 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $1,910,524 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,089,240 |
| Accounts payable and accrued expenses | $0 |
| 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 | $234,660 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $882,524 |
| Total liabilities | $1,117,184 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| Capital stock or trust principal, or current funds | $314 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $971,742 |
| Total liabilities and net assets/fund balances | $2,089,240 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Jewish Home Lifecare Manhattan New York, NY | $92,070,146 | $86,814,145 |
The Rosalind And Joseph Gurwin Jewish Geriatric Center Of Long Is Commack, NY | $54,775,668 | $80,755,778 |
The Schulman And Schachne Institute For Nursing And Rehabilitation Inc Brooklyn, NY | $15,175,367 | $62,719,757 |
Menorah Home & Hospital For The Aged & Infirm Brooklyn, NY | $95,922,650 | $81,993,639 |
Orlando Rehabilitation Group Inc Bala Cynwyd, PA | $57,006,179 | $68,104,174 |
Pittsburgh Care Partnership Inc Community Life Pittsburgh, PA | $51,132,739 | $72,021,182 |
Loretto Health And Rehabilitation Center Syracuse, NY | $32,645,614 | $69,232,567 |
Mary Manning Walsh Nursing Home Co Inc New York, NY | $75,917,101 | $69,028,602 |
Amsterdam Nursing Home Corporation New York, NY | $69,684,595 | $65,318,560 |
St Anns Home For The Aged Rochester, NY | $128,282,836 | $56,352,985 |
The Silvercrest Center For Nursing And Rehabilitation Jamaica, NY | $32,498,304 | $53,752,746 |
Northwell Health Stern Family Center For Rehabilitation Westbury, NY | $34,520,044 | $52,027,697 |