irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $213KTHE FOUNDATION OPERATES A RESIDENTIAL ADULT CARE FACILITY FOR THE INDIGENT ELDERLY. THROUGHOUT THE TAX PERIOD, THE FACILITY WAS NOT IN OPERATION AS IT IS UNDER RENOVATIONS DUE TO STORM DAMAGE.
named programs · 2 · from sources
What they call their work
Home Healthcare Service
State-licensed home health program providing medical and support services to elderly clients in their homes
Residential Adult Care Facility
Licensed residential facility providing long-term care for indigent elderly; currently under renovation after storm damage
activities · 1 group
What they do
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Continuing Care Retirement Communities 1 activity
- Operate residential adult care facility for indigent elderlyProvides long-term residential care for low-income elderly individuals through a dedicated facility currently undergoing repairs after storm damage.
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financials · form 990 · fy2024
revenue
Total revenue$52.20M
Contributions & grants$00%
Program service revenue$52.16M100%
Investment income$55K0%
Other revenue$-14K
expenses
Total expenses$51.73M
Program expenses93%
Admin / overhead7%
Fundraising0%
Salaries & benefits$46.13M
Grants paid out$405K
Largest expense lineCompensation
balance sheet
Total assets$13.61M
Cash$3.05M
Investments$0
Liabilities$13.72M
Net assets$-109K
Liquid reserves0.7 mo
3 years on record · 2020–2024 · YoY revenue +15.7%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 2
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| MAURICE MEISELS | Executive Dir. | 40 | $186K |
| Maxine Fried | DIR. PATIENT SERV. | 40 | $152K |
board members · 7
- ABRAHAM FISCH — Director-Financ
- BENZION REINHOLD — Director
- MENACHEM EINHORN — Director
- MOSHE STEINBERG — Director
- NAFTALI REINER — Director
- NORMAN NEIGER — Vice President
- SIMCHA STROHLI — President