Oak Health And Rehabilitation Centers Inc
- Assets
- $0.0
- Revenue
- $62.3m
- Investments
- $0.0
- Employees
- 3,269
- Location
- Midlothian, VA
- Founding
- Data as of
- 12/2018
- EIN
- 46-5680638
Organization Overview
Oak Health And Rehabilitation Centers Inc is located in Midlothian, VA. As of 12/2018, Oak Health And Rehabilitation Centers Inc employed 3,269 individuals. Oak Health And Rehabilitation Centers 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 12/2018, Oak Health And Rehabilitation Centers Inc generated $62.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 4 years, the organization has seen revenues fall by an average of (24.7%) each year. All expenses for the organization totaled $84.3m during the year ending 12/2018. As we would expect to see with falling revenues, expenses have declined by (18.5%) per year over the past 4 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
THE ENTITY IS ORGANIZED AND OPERATED FOR THE PROVISION OF SHORT AND LONG-TERM STAYS OFFERING POST ACUTE AND REHABILITATION SERVICES. THE ORGANIZATION PROVIDES THESE SERVICES BY PROVIDING ROOM AND BOARD, NURSING SERVICES, HEALTHCARE, THERAPY, RESIDENT SERVICES AND SECURITY AT AN AFFORABLE COST. THE ORGANIZATION STRIVES TO PROVIDE OPEN, DIVERSE, AND CARING ENVIRONMENTS FOR RESIDENTS, FAMILY MEMBERS AND STAFF.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OPERATES 22 SKILLED NURSING FACILITIES, WITH A COMBINED CAPACITY OF 2,862 BEDS, DEDICATED AND COMMITTED TO PROVIDING REHABILITATION AND SHORT AND LONG TERM NURSING AND MEDICAL CARE OF PATIENTS AND RESIDENTS. THE ORGANIZATION PROVIDES NUMEROUS ACTIVITIES AND PROGRAMS INCORPORATING AND PROMOTING FAMILY ACTIVITIES AND INVOLVEMENT WITH RESIDENTS AND STAFF. THESE ACTIVITIES PROMOTE A NORMALIZED ENVIRONMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bruce Hall Director | Trustee | 1 | $2,000 |
Sandy Oliver Director | Trustee | 1 | $2,000 |
Kathy Katz-Hall Director | Trustee | 1 | $2,000 |
Richard J Deplano Jr ESQ Director | Trustee | 1 | $2,000 |
John Young Director | Trustee | 1 | $150,000 |
Howard Jaffe President | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Neighborcare Pharmacy Services Inc Pharmacy Services And Drugs | 12/30/18 | $2,400,947 |
Select Rehabilitation Inc Therapy Provider | 12/30/18 | $6,993,076 |
Long Hill As Pa Reciever Llc Consulting Services | 12/30/18 | $2,952,313 |
Healthcare Services Group Inc Contracted Laundry And Housekeeping | 12/30/18 | $1,979,780 |
Kane Financial Services Consulting Services | 12/30/18 | $1,800,000 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $63,445,604 |
| Investment income | $8,263 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,271,227 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $62,268,840 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $1,562 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $158,000 |
| Compensation of current officers, directors, key employees. | $158,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $29,072,926 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $4,319,170 |
| Payroll taxes | $3,036,378 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $581,885 |
| Fees for services: Accounting | $215,103 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $14,409,414 |
| Advertising and promotion | $18,103 |
| Office expenses | $2,538,019 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $15,927,900 |
| Travel | $130,254 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $3,071 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $239,411 |
| Insurance | $1,298,364 |
| All other expenses | $13,583 |
| Total functional expenses | $84,312,177 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| 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 | $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 | $0 |
| Total assets | $0 |
| 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 | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $0 |
| 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 | $0 |