Cedar Crest Village Llc
- Assets
- $458.8m
- Revenue
- $94.2m
- Investments
- $87.3m
- Employees
- 1,190
- Location
- Pompton Plains, NJ
- Founding
- 02/2001
- Data as of
- 12/2021
- EIN
- 52-2184915
Organization Overview
Cedar Crest Village Llc is located in Pompton Plains, NJ. The organization was established in 2001. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Cedar Crest Village Llc employed 1,190 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cedar Crest Village Llc 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, Cedar Crest Village Llc generated $94.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.4% each year. All expenses for the organization totaled $99.1m during the year ending 12/2021. While expenses have increased by 2.4% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE A HOME FOR SENIORS THAT SATISFIES THEIR THREE PRIMARY NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CEDAR CREST VILLAGE, INC. PROVIDES SERVICES NEEDED BY SENIOR RESIDENTS, WHO RESIDE IN 1,435 INDEPENDENT LIVING UNITS, 64 ASSISTED LIVING UNITS, 113 SKILLED NURSING BEDS AND 18 MEMORY CARE UNITS. THE SERVICES WE PROVIDE TO OUR RESIDENTS INCLUDE, BUT ARE NOT LIMITED TO HOUSING, FOOD, MEDICAL, SECURITY AND MAINTENANCE SERVICES, RECREATIONAL AND PASTORAL ACTIVITIES.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Todd Delaney Executive Director | Officer | 40 | $238,024 |
Kenneth Idemudia Licensed Practical Nurse | 40 | $170,216 | |
Anne Megnin Personal Moving Consultant | 40 | $161,162 | |
Joseph Pisano Director Of Finance | Officer | 40 | $154,342 |
Nicholas Ransegnola Physical Therapist Certified Hh | 40 | $126,334 | |
Nancy Van Dyke Administrator, Home Care | 40 | $122,481 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rb Painting Inc Painting | 12/30/21 | $1,077,271 |
Erickson Senior Living Llc Management - See Sch. O | 12/30/21 | $10,100,121 |
Rc Legnini Company Inc Contractor | 12/30/21 | $3,050,701 |
Brothers Carpet And Flooring Inc Flooring | 12/30/21 | $1,061,863 |
Ferguson Enterprises Inc Plumbing | 12/30/21 | $913,348 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $39,000 |
| Related organizations | $0 |
| Government grants | $1,223,172 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,902,530 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,164,702 |
| Total Program Service Revenue | $89,396,428 |
| Investment income | $298,467 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $417,371 |
| Net Gain/Loss on Asset Sales | -$22,838 |
| Net Income from Fundraising Events | -$25,382 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $94,228,748 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,135 |
| Grants and other assistance to domestic individuals. | $108,725 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $421,486 |
| Compensation of current officers, directors, key employees. | $421,486 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $29,408,068 |
| Pension plan accruals and contributions | $691,094 |
| Other employee benefits | $5,241,992 |
| Payroll taxes | $2,441,191 |
| Fees for services: Management | $3,216,167 |
| Fees for services: Legal | $53,510 |
| Fees for services: Accounting | $49,091 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $20,843 |
| Fees for services: Other | $8,735,252 |
| Advertising and promotion | $3,866,796 |
| Office expenses | $8,233,915 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $10,118,158 |
| Travel | $27,026 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,948,189 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $19,744,685 |
| Insurance | $993,973 |
| All other expenses | $0 |
| Total functional expenses | $99,128,478 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,275 |
| Savings and temporary cash investments | $20,152,104 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,445,132 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $2,789,800 |
| Inventories for sale or use | $294,364 |
| Prepaid expenses and deferred charges | $412,367 |
| Net Land, buildings, and equipment | $338,619,120 |
| Investments—publicly traded securities | $5,608,510 |
| Investments—other securities | $87,294,545 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,222,989 |
| Total assets | $458,841,206 |
| Accounts payable and accrued expenses | $8,959,363 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $105,181,724 |
| Escrow or custodial account liability | $947,300 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $6,080,012 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $418,895,840 |
| Total liabilities | $540,064,239 |
| Net assets without donor restrictions | -$84,188,619 |
| Net assets with donor restrictions | $2,965,586 |
| 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 | $458,841,206 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cedar Crest Village Llc has recieved totaling $439.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $439 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Maris Grove Inc Glen Mills, PA | $653,132,727 | $91,666,802 |
Cedar Crest Village Llc Pompton Plains, NJ | $458,841,206 | $94,228,748 |
Ann S Choice Inc Warminster, PA | $390,463,878 | $78,899,329 |
Acts Retirement Services Inc Fort Washington, PA | $53,774,543 | $61,999,737 |
Lantern Hill Inc New Providence, NJ | $464,665,892 | $49,148,353 |
Whitemarsh Continuing Care Retirement Community Lafayette Hill, PA | $237,675,792 | $39,315,037 |
New York Foundation For Senior Citizens Home Attendant Services I New York, NY | $24,976,445 | $43,263,283 |
Caringhouse Projects Incorporated Pleasantville, NJ | $35,651,045 | $47,839,367 |
Concordia Lutheran Ministries Of Pittsburgh Pittsburgh, PA | $101,461,859 | $42,844,424 |
Sjf Ccrc Inc Voorhees, NJ | $105,324,676 | $30,989,570 |
Hudson Lutheran Housing Corporation Secaucus, NJ | $0 | $195,483 |
Active Retirement Community Inc South Setauket, NY | $204,676,750 | $34,139,621 |