irs program accomplishments · form 990 part iii · fy2024
What they reported doing
- #1 primary $0MIRIAM OSBORN MEMORIAL HOME ASSOCIATON PERFORMS ADMINISTRATIVE SERVICES FOR STERLING HOME CARE AND THE OSBORN FOUNDATION AND RECEIVES MANAGEMENT FEES FOR THESE SERVICES.
named programs · 7 · from sources
What they call their work
Assisted Living
Personalized health-focused support for residents while promoting engagement in community life and activities.
Independent Living
Maintenance-free living for older adults with access to campus amenities, wellness programs, dining, and social activities in a vibrant community setting.
Memory Care
Specialized care program for residents living with Alzheimer’s, dementia, and other cognitive conditions.
Osborn Home Care
Home health services providing skilled nursing, therapy, and personal care in the home setting.
Rehabilitation Services
Physical, occupational, and speech therapy services for recovery from illness, injury, or surgery.
Skilled Nursing
On-campus medical care and supervision for residents with complex health needs.
WellSpring Wellness Program
Comprehensive wellness initiative offering fitness classes, aquatic exercise, health education, and preventive care for residents.
activities · 10 groups
What they do
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Continuing Care Retirement Communities 2 activities
- Operates a not-for-profit Life Plan Community with independent living and full continuum of careProvides a comprehensive senior living community on a 56-acre campus in Westchester County, NY, offering independent living options including Garden Homes, apartments with refundable entrance fees, and rental apartments with no entrance fee for individuals aged 65+. The community includes access to a vibrant campus environment with amenities, daily services, community upkeep, and 24-hour security covered under a defined monthly fee.
- Provides assisted living services with licensed professional supportOffers a three-tier assisted living program including Assisted Living Residence, Enhanced Assisted Living Residence, and Special Needs Assisted Living Residence with memory care support. Services include assistance with daily living activities such as grooming, bathing, and medication management provided by licensed professionals.
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Senior Social & Enrichment Programming 1 activity
- Administers wellness and lifelong learning programs for resident engagementRuns the WellSpring wellness program featuring fitness classes, water aerobics, indoor pool access, walking trails, lifelong learning opportunities, concerts, meditations, and social excursions. Also hosts resident-led programs such as News & Views, where residents present on topics like economics, science, and legal issues, fostering intellectual and social engagement.
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Short-Term Rehabilitation Therapy 1 activity
- Delivers short-term and outpatient rehabilitation servicesProvides short-term inpatient and outpatient rehabilitation for recovery after surgery, illness, stroke, or hospitalization due to neurological, cardiac, pulmonary, or complex medical conditions. Services include physical, occupational, and speech therapy, with personalized care plans developed by a multidisciplinary team. Outpatient services operate Monday through Friday from 8:30 AM to 5:30 PM, featuring functional living environments with kitchen and bathroom facilities for training.
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Caregiver Support for Dementia and Aging 1 activity
- Delivers specialized memory care for individuals with dementia or Alzheimer’s diseaseOperates a secure 13-suite memory care center providing round-the-clock oversight by dementia-care-certified professionals. Offers life-enrichment activities including gardening, culinary, artistic, educational, and social experiences, along with private rooms with full bathrooms and access to a secure garden, sunroom, and creative arts center. Services are individually customized and delivered by specially trained staff.
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Admissions and Enrollment Support Services 1 activity
- Facilitates pre-move-in engagement for prospective residentsSupports prospective residents through personalized visit opportunities, campus tours of grounds, dining venues, amenities, and living options, and by connecting them with current residents to share experiences before moving in.
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Organized Member Social Events 1 activity
- Hosts resident meetings and social events to build communityOrganizes regular resident meetings and social events, including coffee and conversation sessions in the Social Lounge, to strengthen community bonds and support peer connections among current and prospective residents.
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Respite Care for Developmental Disabilities 1 activity
- Offers short-term respite care with full access to amenitiesProvides short-term respite care stays as brief as seven days, offering full access to campus amenities, social programs, and on-call physicians for temporary relief or transitional care needs.
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Healthcare System Administrative Support 1 activity
- Provides administrative services to affiliated organizationsDelivers administrative services to Sterling Home Care and The Osborn Foundation in exchange for management fees, supporting operational functions for these related entities.
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Home Care Services for Elderly and Disabled 1 activity
- Provides home care services across Westchester County, NY and Fairfield County, CTOffers home care services to individuals in their homes in Westchester County, NY, and Fairfield County, CT, as well as to residents on The Osborn campus, supporting aging in place and extending care beyond the main facility.
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Skilled Nursing and Rehabilitation Facilities 1 activity
- Provides long-term skilled nursing care with 24/7 medical supervisionOffers long-term skilled nursing services at The Osborn Pasciuti Pavilion with 24/7 coverage by registered nurses, on-campus medical oversight, housekeeping, and fully furnished private rooms with bathrooms. The facility consistently receives high CMS ratings and was recognized as one of New York’s top-performing nursing homes in 2026.
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financials · form 990 · fy2024
revenue
Total revenue$52.69M
Contributions & grants$210K0%
Program service revenue$50.08M95%
Investment income$1.72M3%
Other revenue$680K
expenses
Total expenses$58.22M
Program expenses81%
Admin / overhead19%
Fundraising0%
Salaries & benefits$31.72M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$161.77M
Cash$7.12M
Investments$64.32M
Liabilities$239.83M
Net assets$-78.06M
Liquid reserves14.7 mo
4 years on record · 2020–2024 · YoY revenue -0.6%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 13
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| MATTHEW ANDERSON | PRESIDENT/CEO | 25 | $833K |
| ROBERT S DAVIS | CFO AND TREASURER | 25 | $620K |
| CHRISTOPHER FERRERI | CHIEF OPERATING OFFICER | 38 | $516K |
| ELIZABETH ROSSI | VP HUMAN RESOURCES | 38 | $347K |
| STEPHANIE LARSEN | VP AND GENERAL COUNSEL | 38 | $337K |
| CHRISTA PICCIANO-DANIELLO | VP SALES | 38 | $293K |
| ANDY GOOLCHARAN | VP INFORMATION TECHNOLOGY | 38 | $251K |
| MICHAEL D FREDDINO | CONTROLLER | 38 | $244K |
| ZENAE M MERCHANT | ADMINISTRATOR | 38 | $235K |
| ROBERT D'ELIA | Rehab Director | 38 | $223K |
| GOPAL PATEL | DIR. OF FINANCIAL REPORTING | 38 | $222K |
| RICHARD SGAGLIO | VP MARKETING AND FUNDRAISING | 25 | $211K |
| ANDREW HORN | DIRECTOR OF DINING | 38 | $197K |
board members · 12
- ALBERT BRUNNER — TRUSTEE
- ANN MARIE PETACH — TRUSTEE
- BRADLEY G RAZOOK — TRUSTEE
- BRUCE MACLEOD — TRUSTEE
- DR ROMELLE MALONEY — TRUSTEE
- FREDERICK G SYKES — CHAIR
- JEFFREY SHERMAN — TRUSTEE
- LINDA BIANCO MILLER — ASSISTANT SECRETARY
- LINDA RAPPAPORT — TRUSTEE
- MARC KOSAK — TRUSTEE
- MICHAEL REID — TRUSTEE
- RODERIC L ROLETT — PAST CHAIR
relationships · 14
Who they work with
- CDC Government — Cited as a source for health benefits of swimming and physical activity recommendations.
- Centers for Medicare & Medicaid Services Government — Provides performance ratings for The Osborn's skilled nursing facility.
- Culinary Institute of America Partner — Chef training affiliation supporting meal services for rehabilitation patients.
- Diamonds Do Good Partner — Anna Martin, an Osborn resident, has served with Diamonds Do Good for nearly 20 years; the organization supports individuals and communities globally through grants.
- Edward C. Pasciuti H.O.P.E. Center Partner — Named facility housing the memory care program at The Osborn.
- Fitch Ratings Government — Awarded The Osborn an "A" rating for financial strength.
- Newsweek Partner — Named The Osborn one of the nation's best Life Plan Communities.
- Sterling Home Care Partner — Receives administrative services from Miriam Osborn Memorial Home Association
- The Osborn Foundation Partner — Receives administrative services from Miriam Osborn Memorial Home Association
- The Osborn Pasciuti Pavilion Partner — Dedicated skilled nursing facility on The Osborn campus providing long-term care.
- U.S. News & World Report Partner — Recognized The Osborn as a "Best Nursing Home" and top-performing skilled nursing facility.
- US News & World Report Government — Recognized The Osborn as a “2025 Best Nursing Home”
- Westchester Magazine Partner — Voted The Osborn "Best of Westchester" in the Senior Residence category.
- Women’s Guild Partner — Resident group at The Osborn that meets monthly and hosts resident speakers on personal and professional topics.
strategies · 5
How they approach the work
Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.
- Aging-in-Place Continuum of Caremethodology: aging-in-placeBy offering a full continuum of care on one campus, the organization enables residents to age in place seamlessly across levels of care because eliminating disruptive relocations supports emotional continuity and care coordination.
- H.O.P.E. Approach to Memory Caremethodology: H.O.P.E. ApproachBy creating a homelike environment guided by optimism, passion, and empathy, the organization improves well-being and engagement in memory care residents because emotional resonance and familiarity reduce anxiety and support cognitive stability.
- Independence-Focused Support Modelmethodology: independence-focused careBy balancing assistance with autonomy in daily living, the organization promotes resident engagement and dignity because preserving control supports psychological well-being and motivation to remain active.
- Individualized Dementia and Recovery Caremethodology: individualized-dementia-careBy customizing memory care and recovery services to individual needs with trained professionals and medical supervision, the organization improves outcomes because personalized clinical attention addresses unique physiological and emotional factors in healing and cognitive support.
- Low-Impact Therapeutic Exercisemethodology: low-impact aquatic exerciseBy using aquatic exercise as a joint-friendly fitness modality, the organization improves mobility and physical health in older adults with arthritis or limitations because reduced impact increases adherence and decreases pain during activity.