COBBLE HILL HEALTH CENTER INC

EIN: 112388200 501(c)(3) Health Care

BROOKLYN, NY

Total Revenue
$58,633,862
Total Expenses
$62,194,908
Total Assets
$89,963,137
Net Assets
$53,866,074
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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
1977
Legal Domicile
NY
Principal Officer
DANIEL TUCHMAN
Phone
7188556789
Tax Period
2023-01-01 to 2023-12-31

COBBLE HILL HEALTH CENTER INC, founded in 1977, is a mid-sized nonprofit in the Health Care sector that reported $58.6M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion.

Mission

COBBLE HILL HEALTH CENTER, INC. (CENTER) OPERATES A 364 BED NURSING FACILITY. THE CENTER PROVIDES NURSING CARE TO PATIENTS.

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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 $1,453,073
Program Service Revenue $55,977,576
Investment Income $1,140,002
Other Revenue $63,211
TOTAL REVENUE $58,633,862

Expense Breakdown

Grants Paid $0
Salaries & Benefits $34,811,576
Fundraising Expenses $0
Program Expenses $56,542,708
Other Expenses $27,383,332
TOTAL EXPENSES $62,194,908

Year-over-Year Comparison

2023 2022 Change
Revenue $58,633,862 $50,231,797 +0.2%
Expenses $62,194,908 $55,601,409 +0.1%
Net Income $-3,561,046 $-5,369,612 -0.3%
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

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Governance

Voting Members
11
Independent Members
11
Employees
587
Volunteers
30

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
$995,441
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DANIEL TUCHMAN CEO 24.50
Officer
$476,293 $64,514 $744,932
NEIL SCHLISSEL DIR. OF FINANCE 29.75
$216,616 $57,867 $312,709
YITZCHOK KOFF MDS COORDINATOR 35.00
$219,736 $54,551 $274,287
ZAKIYA THOMAS ADMINISTRATOR 35.00
$258,893 $10,238 $269,131
SHERRYANN RUIZ LOPEZ DIR OF NURSING 35.00
$239,922 $23,974 $263,896
DAVID SEGELOV CFO 27.65
Officer
$180,667 $21,817 $250,509
LOUISETTE PAULEMONT NURSING SUPERSVISO 35.00
$197,459 $30,107 $227,566
KATHRYN IVIE CHIEF PEOPLES OFFI 28.00
$156,804 $16,430 $212,435
THOMAS SPATH CHAIR 1.50
Officer Director
$0 $0 $0
PETER D YATRAKIS VICE CHAIR 1.50
Officer Director
$0 $0 $0
W RUDY KAMUF SECRETARY 1.50
Officer Director
$0 $0 $0
GREG O'CONNELL BOARD MEMBER 1.50
Director
$0 $0 $0
LEONARD T JORDAN BOARD MEMBER 1.50
Director
$0 $0 $0
JOAN MILLMAN BOARD MEMBER 1.50
Director
$0 $0 $0
CHARLES CARAMES BOARD MEMBER 1.50
Director
$0 $0 $0
JOHN HEYER BOARD MEMBER 1.50
Director
$0 $0 $0
CIRIL GODEC BOARD MEMBER 1.50
Director
$0 $0 $0
GENNA BROUNSTEIN BOARD MEMBER 1.50
Director
$0 $0 $0
IRA FOX BOARD MEMBER 1.50
Director
$0 $0 $0
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 $58,633,862 $62,194,908 $89,963,137 $-3,561,046
2022 $50,231,797 $55,601,409 $94,319,834 $-5,369,612
2021 $51,888,626 $49,564,035 $104,850,612 $2,324,591
2021 $51,888,626 $49,564,035 $104,850,612 $2,324,591
2020 $51,147,572 $47,362,418 $99,090,874 $3,785,154
2019 $53,090,107 $49,773,672 $95,295,816 $3,316,435
2018 $47,702,318 $48,854,612 $89,464,216 $-1,152,294
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