JEWISH HEALTHCARE CENTER INC (EIN 042103803) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1916

Legal Domicile

Principal Officer

LISA COHEN

Phone

5087988653

Tax Period

2023-01-01 to 2023-12-31

JEWISH HEALTHCARE CENTER INC, founded in 1916, is a mid-sized nonprofit in the Health Care sector that reported $28.3M in total revenue in fiscal year 2023. Revenue decreased 6% compared to the prior year.

Mission

THE MISSION OF THE JEWISH HEALTHCARE CENTER IS TO ENRICH THE LIVES AND CONTRIBUTE TO THE WELL-BEING OF SENIOR ADULTS AND ADULTS WITH SPECIAL MEDICAL NEEDS IN THE GREATER WORCESTER COMMUNITY BY PROVIDING THE HIGHEST QUALITY RESIDENTIAL AND COMMUNITY-BASED HEALTHCARE SERVICES GUIDED BY JEWISH VALUES AND TRADITIONS IN AN ENVIRONMENT THAT IS SAFE, WELCOMING, RESPECTFUL AND OPEN TO ALL. THE CENTER OWNS AND OPERATES A 141 BED NURSING HOME THAT CONDUCTS INPATIENT LONG-TERM CARE AND RECUPERATIVE SERVICES. THE CENTER PROVIDES A WIDE RANGE OF CARE, INCLUDING COMPREHENSIVE MEDICAL CARE, HOSPICE SERVICES, ANCILLARY HEALTH SERVICES AND AN INTEGRATED THERAPIES PROGRAM.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,905,346

Program Service Revenue $25,865,222

Investment Income $103,214

Other Revenue $408,028

TOTAL REVENUE $28,281,810

Expense Breakdown

Grants Paid $0

Salaries & Benefits $19,129,383

Fundraising Expenses $96,764

Program Expenses $25,773,995

Other Expenses $9,507,881

TOTAL EXPENSES $28,637,264

Year-over-Year Comparison

	2023	2022	Change
Revenue	$28,281,810	$30,022,586	-0.1%
Expenses	$28,637,264	$30,121,328	0.0%
Net Income	$-355,454	$-98,742	+2.6%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Governance

Voting Members

Independent Members

Employees

515

Volunteers

Governance Policies

✓ Conflict of Interest Policy

✓ Whistleblower Policy

✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School

✗ Operated a Hospital

✗ Provided First Class Travel

⚠ Reported Conflict of Interest

✗ Reported Asset Diversion

✗ Excess Benefit Transaction

✗ Made Political Expenditures

✗ Engaged in Lobbying

✗ Operated Donor Advised Fund

✗ Maintained Art Collections

✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers

Total Directors

Key Employees

$256,354

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GERALD KASHUK	DIRECTOR	0.00	Director	$0	$0	$0
DAVID COHEN	DIRECTOR	0.00	Director	$0	$0	$0
STEVEN TANKANOW	DIRECTOR	0.00	Director	$0	$0	$0
IVAN GREEN	DIRECTOR	0.00	Director	$0	$0	$0
MINNA GREGERMAN	DIRECTOR	0.00	Director	$0	$0	$0
DAVID MEYERS	DIRECTOR	0.00	Director	$0	$0	$0
STEVEN KRINTZMAN	DIRECTOR	0.00	Director	$0	$0	$0
NEIL PATRICK	DIRECTOR	0.00	Director	$0	$0	$0
BLANCHE LONSTEIN	DIRECTOR	0.00	Director	$0	$0	$0
JUDY MARKOWITZ	DIRECTOR	0.00	Director	$0	$0	$0
JROBERT SEDER	DIRECTOR	0.00	Director	$0	$0	$0
ALAN YOFFIE	DIRECTOR	0.00	Director	$0	$0	$0
MATT SHWACHMAN	DIRECTOR	0.00	Director	$0	$0	$0
STEVEN SOSNOFF	DIRECTOR	0.00	Director	$0	$0	$0
BARBARA SALITSKY	DIRECTOR	0.00	Director	$0	$0	$0
JAY AFRAME	DIRECTOR	0.00	Director	$0	$0	$0
HARRIETE CHANDLER	DIRECTOR	0.00	Director	$0	$0	$0
EDWARD GLICK	DIRECTOR	0.00	Director	$0	$0	$0
PETER HERMAN	DIRECTOR	0.00	Director	$0	$0	$0
PHILIP SHER	DIRECTOR	0.00	Director	$0	$0	$0
JOEL GREENBERG	DIRECTOR	0.00	Director	$0	$0	$0
ALAN YAFFE	DIRECTOR	0.00	Director	$0	$0	$0
LISA COHEN	PRESIDENT	0.00	Officer	$0	$0	$0
PHILIP OSTROW	TREASURER	0.00	Officer	$0	$0	$0
BRUCE WHALE	SECRETARY	0.00	Officer	$0	$0	$0
ALAN FEIGOLD	VICE PRESIDENT	0.00	Officer	$0	$0	$0
WARREN PALLEY	VICE PRESIDENT	0.00	Officer	$0	$0	$0
VINCENT LIBRANDI	CEO	40.00	Key Emp	$216,436	$39,918	$256,354
GERTRUDE ABOAGYE	LPN	40.00	Highest	$209,385	$14,923	$224,308
GEORGETTE DIABATE	LPN	40.00	Highest	$151,090	$18,165	$169,255
KATHLEEN COLUMBUS	DIRECTOR OF CLINICAL SERVICES	40.00	Highest	$144,459	$917	$145,376
JOANA MENSAH-SENOO	LPN	40.00	Highest	$129,912	$13,939	$143,851

Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year	Revenue	Expenses	Assets	Net Income
2024	No data	No data	No data	No data
2023	$28,281,810	$28,637,264	$10,839,916	$-355,454
2022	$30,022,586	$30,121,328	$11,404,627	$-98,742
2021	$33,469,902	$29,820,098	$9,470,633	$3,649,804
2020	$29,731,963	$28,972,228	$14,388,346	$759,735
2019	$29,722,303	$30,383,339	$9,931,046	$-661,036
2018	$28,240,061	$27,830,559	$10,471,323	$409,502

JEWISH HEALTHCARE CENTER INC