Old Mans Home Of Philadelphia

Organization Overview

Old Mans Home Of Philadelphia, operating under the name Saunders House, is located in Wynnewood, PA. The organization was established in 1935. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 06/2021, Saunders House employed 309 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Saunders House 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 06/2021, Saunders House generated $15.7m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (4.1%) each year. All expenses for the organization totaled $16.3m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (2.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDED SKILLED NURSING AND REHABILIATION SERVICES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

OUR MISSION TO BE A PREMIER SKILLED NURSING HOME OF CHOICE FOR SHORT-TERM REHABILITATION AND LONG-TERM CARE ON THE MAIN LINE.AS A NOT-FOR-PROFIT PROVIDER, OUR PURPOSE IS TO SERVE THE COMMUNITY BY PROVIDING QUALITY CARE AND SERVICES AND TO USE OUR RESOURCES IN A COST-EFFECTIVE AND COMMUNITY-RESPONSIVE MANNER. WE STRIVE TO ACCOMPLISH THIS IN AN ENVIRONMENT THAT IS RESPECTFUL OF RESIDENTS AND STAFF.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Select Rehabilitation Inc
Therapy Svcs - Residents
$975,683
P1 Finance
Financial Services
$903,212
Us Foods Inc
Food - Residents
$389,409
Contract Pharmacy Services
Pharmacy - Residents
$340,462
Mckesson Medical-surgical
Medical Suppies
$365,255
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $856,548
All other contributions, gifts, grants, and similar amounts not included above$427,533
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,284,081
Total Program Service Revenue$13,290,761
Investment income $133,322
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $764,446
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $15,711,249

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Old Mans Home Of Philadelphia has recieved totaling $396,428.

Awarding OrganizationAmount
Chapin Memorial Home For Aged Blind

Wyndmoor PA, PA

PURPOSE: See Below

$396,423
Amazonsmile Foundation

Seattle, WA

PURPOSE: GENERAL SUPPORT

$5
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$8,866,115
Earnings$2,572,869
Admin Expense$43,028
Ending Balance$11,395,956

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