Jewish Home Lifecare Harry And Jeanette Weinberg Campus Bronx
- Assets
- $9.8m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 0
- Location
- New York, NY
- Founding
- 06/1970
- Data as of
- 12/2021
- EIN
- 23-7071900
Organization Overview
Jewish Home Lifecare Harry And Jeanette Weinberg Campus Bronx is located in New York, NY. The organization was established in 1970. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jewish Home Lifecare Harry And Jeanette Weinberg Campus Bronx 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 12/2021, Jewish Home Lifecare Harry And Jeanette Weinberg Campus Bronx generated $1.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (48.4%) each year. All expenses for the organization totaled $5.3m during the year ending 12/2021. 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
OUR MISSION IS TO EMPOWER OLDER ADULTS TO ENHANCE PURPOSE AND WELL-BEING THROUGH A PORTFOLIO OF INNOVATIVE HEALTH CARE SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOCATED ON KINGDSBRIDGE ROAD, THE NEW JEWISH HOME, HARRY AND JEANETTE WEINBERG CAMPUS, BRONX WAS A 714 BED LONG TERM CARE AND REHABILITATION FACILITY OFFERING ALZHERIMER'S/DEMENTIA SPEACIAL CARE COMMUNITIES INCLUDING THE NORMA AND JOSEPH SAUL ALZHEIMER'S DISEASE COMMUNITY, ADULT DAY HEALTHCARE PROGRAMS, SENIOR HOUSING, SOCIAL SERVICES, GERIATRIC SUBSTANCE ABUSE RECOVERY PROGRAM, RELIGIOUS LIFE AND PASTORAL CARE PROGRAMS, PALLIATIVE CARE, IN-HOUSE HEMODIALYSIS, AND THE SWALLOWING CENTER. THE BOARD OF THE NEW JEWISH HOME, HARRY AND JEANETTE WEIBERG CAMPUS, BRONX DECIDED TO SELL THE NURSING HOME AND SENT AN RFP TO VARIOUS ORGANIZATIONS INCLUDING NOT-FOR-PROFIT AND FOR PROFIT OPERATORS AND THE SALE TOOK PLACE ON SEPTEMBER 21, 2016.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce J Evans Treasurer | OfficerTrustee | 0.2 | $0 |
Elizabeth Pagel Serebransky Co-Chair And Secretary | OfficerTrustee | 0.2 | $0 |
Jeffrey I Farber MD President And CEO | OfficerTrustee | 0.11 | $0 |
Tami J Schneider Co-Chair | OfficerTrustee | 0.2 | $0 |
Mark Weiss CFO | Officer | 0.11 | $0 |
Dana Penny Cco | Officer | 0.11 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cummins Power Systems Llc Power Generation Service | 12/30/16 | $280,000 |
Custom Healthcare Solutions Llc Agency Staffing | 12/30/16 | $475,461 |
Start Elevator Llc Elevator Contract | 12/30/16 | $252,514 |
Kramer Levin Naftalis Frankel Legal Services | 12/30/16 | $240,097 |
Theradynamics Rehab Mgmt Llc Rehabiliation Services | 12/30/16 | $2,143,729 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $1,032,671 |
| 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 | $1,032,671 |
| Total Program Service Revenue | $45,687 |
| Investment income | $11 |
| 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 | $1,078,369 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $590,977 |
| Fees for services: Legal | $200,700 |
| 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 | $2,440 |
| Advertising and promotion | $0 |
| Office expenses | $36,787 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,019 |
| Travel | $368 |
| 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 | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $5,253,045 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $602,277 |
| Savings and temporary cash investments | $97,233 |
| Pledges and grants receivable | $67,876 |
| Accounts receivable, net | $47,295 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,944,130 |
| Total assets | $9,758,811 |
| Accounts payable and accrued expenses | $412,791 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,863,826 |
| Total liabilities | $2,276,617 |
| Net assets without donor restrictions | $7,482,194 |
| 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 | $9,758,811 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Jewish Home Lifecare Harry And Jeanette Weinberg Campus Bronx has recieved totaling $1,032,671.
| Awarding Organization | Amount |
|---|---|
Fund For The Aged Inc New York, NY PURPOSE: UNRESTRICTED GRANT TO SUPPORT THE ORGANIZATIONS MISSION | $1,032,671 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Germantown Home Philadelphia, PA | $23,238,200 | $17,117,508 |
Our Lady Of Mercy Life Center Guilderland, NY | $13,584,598 | $18,367,817 |
Grove Manor Corporation Grove City, PA | $38,510,469 | $20,011,663 |
Phoebe Richland Health Care Center Allentown, PA | $42,688,223 | $20,669,291 |
Episcopal Church Home Rochester, NY | $13,527,861 | $19,691,308 |
Jerome Home New Britain, CT | $48,789,319 | $20,665,795 |
Northern Riverview Health Care Center Inc Haverstraw, NY | $45,238,260 | $26,935,593 |
Hatfield Mennonite Home Hatfield, PA | $33,080,459 | $18,750,870 |
Harrogate Incorporated Lakewood, NJ | $32,163,275 | $19,988,142 |
Hartford Healthcare Senior Services Inc Southington, CT | $12,831,492 | $19,135,049 |
Upmc Senior Communities Inc Pittsburgh, PA | $51,351,268 | $15,897,912 |
Sancta Maria Hospital Inc Cambridge, MA | $13,379,859 | $18,950,090 |