JEWISH REHABILITATION CENTER FOR THE AGED OF THE NORTH SHORE INC

EIN: 042106768 501(c)(3) Health Care

PEABODY, MA

Total Revenue
$25,581,369
Total Expenses
$25,371,948
Total Assets
$29,285,634
Net Assets
$1,518,999
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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
1944
Legal Domicile
MA
Principal Officer
ADAM BERMAN
Phone
9784715100
Tax Period
2023-01-01 to 2023-12-31

JEWISH REHABILITATION CENTER FOR THE AGED OF THE NORTH SHORE INC, founded in 1944, is a mid-sized nonprofit in the Health Care sector that reported $25.6M in total revenue in fiscal year 2023.

Mission

THE ORGANIZATION'S MISSION IS TO ENRICH THE LIFE OF EACH OF OUR RESIDENTS AND PROGRAM PARTICIPANTS.

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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%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $159,188
Program Service Revenue $24,867,887
Investment Income $239,811
Other Revenue $314,483
TOTAL REVENUE $25,581,369

Expense Breakdown

Grants Paid $0
Salaries & Benefits $16,097,392
Fundraising Expenses $0
Program Expenses $21,474,017
Other Expenses $9,274,556
TOTAL EXPENSES $25,371,948

Year-over-Year Comparison

2023 2022 Change
Revenue $25,581,369 $25,311,792 +0.0%
Expenses $25,371,948 $23,568,772 +0.1%
Net Income $209,421 $1,743,020 -0.9%
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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Governance

Voting Members
5
Independent Members
1
Employees
N/A
Volunteers
1

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
5
$2,268,705
Total Directors
5
$2,038,964
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BARRY BERMAN CEO EMERITUS/TREASURER 1.00
Officer Director
$0 $10,548 $903,917
ADAM BERMAN PRESIDENT AND CEO 1.00
Officer Director
$0 $21,326 $750,987
ELIZABETH MULLEN COO AND CLERK 1.00
Officer Director
$0 $8,407 $301,271
GILDA RICHMAN CHAIR 1.00
Officer Director
$0 $107 $82,789
JUDY WEISS DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER SANTERRE CFO 1.00
Officer
$0 $20,813 $229,741
RONILO ANGLO CHIEF CLINICAL OFFICER 1.00
Highest
$0 $20,890 $276,528
MARIA CHAMPA CHIEF HUMAN RESOURCE OFFICER 1.00
Highest
$0 $20,387 $224,709
KAREN PETRUCCELLI VP CLINICAL QUALITY IMPROVEMENT 1.00
Highest
$0 $7,906 $216,037
THERESA HALLIDAY-BURRI CHIEF BUSINESS DEVELOPEMENT OFFICER 1.00
Highest
$0 $7,219 $202,340
KATHERINE SANTOS VP OF STRATEGY & OPERATIONAL EXCELLENCE 1.00
Highest
$0 $0 $197,110
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 $25,581,369 $25,371,948 $29,285,634 $209,421
2022 $25,311,792 $23,568,772 $31,836,230 $1,743,020
2021 $21,138,193 $22,570,539 $32,417,424 $-1,432,346
2020 $21,542,926 $21,626,437 $36,070,962 $-83,511
2019 $19,727,456 $20,500,319 $35,241,045 $-772,863
2018 $19,254,884 $20,544,776 $32,526,959 $-1,289,892
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