Germantown Home
- Assets
- $23.2m
- Revenue
- $17.1m
- Investments
- $0.0
- Employees
- 220
- Location
- Philadelphia, PA
- Founding
- 11/1994
- Data as of
- 06/2021
- EIN
- 23-2310085
Organization Overview
Germantown Home is located in Philadelphia, PA. The organization was established in 1994. 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 06/2021, Germantown Home employed 220 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Germantown Home 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, Germantown Home generated $17.1m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $20.0m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.9%) per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
SKILLED NURSING HOME FOR THE ELDERLY
Describe the Organization's Program Activity:
Part 3 - Line 4a
SENIOR NURSING FACILITY
TRANSITIONAL CARE FOR THE ELDERLY AND VETERANS - NEWCOURTLAND SQUARE APARTMENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Pamela Howard Secretary/administrator | Officer | 40 | $216,225 |
Zena Edwards Director Of Nursing | 40 | $151,976 | |
Ludmila I Kovatcheva Asst. Administrator | 40 | $129,696 | |
Tywander Turlington Nursing Administration | 40 | $125,813 | |
Marie Boyd Rn Assessment Coordinator | 40 | $124,615 | |
Elizabeth Bell Rn Assessment Coordinator | 40 | $124,339 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Aim Security Security | 6/29/21 | $823,273 |
Coates Brothers Clothing Inc Cloth Services | 6/29/21 | $339,852 |
Partners Pharmacy Medication | 6/29/21 | $302,403 |
Richard R Pucci & Associates Law Offices | 6/29/21 | $383,360 |
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 | $355,682 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $355,682 |
| Total Program Service Revenue | $13,509,493 |
| Investment income | $98,393 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,006,031 |
| 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 | $17,117,508 |
| 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 | $10,452,163 |
| Pension plan accruals and contributions | $303,335 |
| Other employee benefits | $1,152,991 |
| Payroll taxes | $1,129,609 |
| Fees for services: Management | $920,906 |
| Fees for services: Legal | $61,349 |
| Fees for services: Accounting | $42,285 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,370 |
| Office expenses | $323,677 |
| Information technology | $214,147 |
| Royalties | $0 |
| Occupancy | $1,055,365 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,177 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,619,732 |
| Insurance | $1,147,345 |
| All other expenses | $2,692 |
| Total functional expenses | $19,983,360 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$1,384,111 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,375,491 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $63,978 |
| Prepaid expenses and deferred charges | $558,098 |
| Net Land, buildings, and equipment | $6,530,605 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $15,696,193 |
| Intangible assets | $0 |
| Other assets | $397,946 |
| Total assets | $23,238,200 |
| Accounts payable and accrued expenses | $844,245 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $2,746 |
| 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 | $43,453,116 |
| Total liabilities | $44,300,107 |
| Net assets without donor restrictions | -$21,061,907 |
| 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 | $23,238,200 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Germantown Home has recieved totaling $38,505.
| Awarding Organization | Amount |
|---|---|
Arthur P Schultz Trust Pittsburgh, PA PURPOSE: GENERAL SUPPORT | $24,358 |
Mary B Johnson 2 63174 Nect Pittsburgh, PA PURPOSE: GENERAL SUPPORT | $11,567 |
John S Fisher For Pearl Reiter Pittsburgh, PA PURPOSE: GENERAL SUPPORT | $2,580 |
Endowment Analysis
| Beg. Balance | $12,311,943 |
| Earnings | $3,384,250 |
| Ending Balance | $15,696,193 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cobble Hill Health Center Inc Brooklyn, NY | $104,850,612 | $51,888,626 |
Morris Hall St Lawrence Inc Lawrenceville, NJ | $55,795,819 | $48,236,558 |
Jewish Home Lifecare Sarah Neuman Center Westchester New York, NY | $40,158,579 | $47,212,238 |
United Home For Aged Hebrews New Rochelle, NY | $40,914,674 | $49,305,789 |
Carmel Richmond Nursing Home Inc Staten Island, NY | $55,443,617 | $48,780,538 |
Madlyn And Leonard Abramson Center For Jewish Life Blue Bell, PA | $70,280,035 | $47,324,338 |
Ozanam Hall Of Queens Nursing Home Inc Bayside, NY | $72,263,682 | $46,054,461 |
The Northeast Health Group Inc Bala Cynwyd, PA | $20,717,577 | $41,701,178 |
Phoebe Home Inc Allentown, PA | $44,042,871 | $37,033,122 |
Wesley Health Care Center Inc Saratoga Springs, NY | $29,960,994 | $37,958,192 |
St Johns Health Care Corporation Rochester, NY | $28,699,154 | $43,446,483 |
United Odd Fellow And Rebekah Home Bronx, NY | $62,645,372 | $41,096,050 |