Jfk Assisted Living Inc
- Assets
- $14.2m
- Revenue
- $7.5m
- Investments
- $0.0
- Employees
- 145
- Location
- Neptune, NJ
- Founding
- Data as of
- 12/2017
- EIN
- 22-3715324
Organization Overview
Jfk Assisted Living Inc, operating under the name Whispering Knoll, is located in Neptune, NJ. As of 12/2017, Whispering Knoll employed 145 individuals. Whispering Knoll 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 12/2017, Whispering Knoll generated $7.5m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 0.3% each year. All expenses for the organization totaled $6.8m during the year ending 12/2017. While expenses have increased by 0.7% per year over the past 3 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HIGH QUALITY & COMPASSIONATE HEALTHCARE SERVICES TO ITS DIVERSE COMMUNITIES FOR PEOPLE IN NEED OF ASSISTED LIVING, IN A MANNER THAT PROMOTES RESIDENT DIGNITY AND CHOICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WHISPERING KNOLL IS AN ASSISTED LIVING FACILITY THAT PROVIDES HOUSING, HEALTHCARE AND OTHER RELATED SERVICES TO ITS RESIDENTS DESIGNED TO ADMINISTER A COMPREHENSIVE AND PROGRESSIVE FLOW OF TREATMENT IN ORDER TO MEET INDIVIDUAL NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jay M Jeney Trustee - Chair | OfficerTrustee | 3 | $0 |
David A Belowich Trustee - Vice Chair | OfficerTrustee | 3 | $0 |
John O Grun Trustee - Secretary | OfficerTrustee | 3 | $0 |
Helen J Paterniti Trustee - Treasurer | OfficerTrustee | 3 | $0 |
Robin O Winter MD Trustee | Trustee | 3 | $0 |
Fran Yorey Trustee | Trustee | 3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $54,973 |
| 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 | $54,973 |
| Total Program Service Revenue | $7,478,612 |
| Investment income | $4,546 |
| 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 | $7,538,131 |
| 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 | $3,128,125 |
| Pension plan accruals and contributions | $47,702 |
| Other employee benefits | $536,484 |
| Payroll taxes | $220,241 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $18,433 |
| Fees for services: Accounting | $54,701 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $94,018 |
| Advertising and promotion | $34,318 |
| Office expenses | $725,973 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $622,686 |
| Travel | $675 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $319 |
| Interest | $195,681 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $515,023 |
| Insurance | $145,158 |
| All other expenses | $17,183 |
| Total functional expenses | $6,840,922 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,018,508 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $348,002 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $13,957 |
| Prepaid expenses and deferred charges | $2 |
| Net Land, buildings, and equipment | $9,361,149 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $416,040 |
| Total assets | $14,157,658 |
| Accounts payable and accrued expenses | $727,944 |
| Grants payable | $0 |
| Deferred revenue | $28,000 |
| Tax-exempt bond liabilities | $6,432,311 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,257,995 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $9,446,250 |
| Unrestricted restricted net Assets | $4,711,408 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $4,711,408 |