KITTAY HOUSE JEWISH HOME LIFECARE INC

EIN: 132619576 501(c)(3)

NEW YORK, NY

Total Revenue
$6,328,630
Total Expenses
$6,538,896
Total Assets
$10,084,638
Net Assets
$4,040,343
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1966
Legal Domicile
NY
Principal Officer
JEFFREY FARBER MD
Phone
2128705000
Tax Period
2024-01-01 to 2024-12-31

KITTAY HOUSE JEWISH HOME LIFECARE INC, founded in 1966, is a community nonprofit that reported $6.3M in total revenue in fiscal year 2024.

Mission

OUR MISSION IS TO EMPOWER OLDER ADULTS TO ENHANCE PURPOSE AND WELL-BEING THROUGH A PORTFOLIO OF INNOVATIVE HEALTH CARE SERVICES.

Program Service Accomplishments

Program 1
Expenses: $6,535,006 Revenue: $6,275,514

KITTAY SENIOR APARTMENTS, A 295-UNIT APARTMENT BUILDING LOCATED AT 2550 WEBB AVE., BRONX, NY 10468, OFFERS AFFORDABLE LIVING WITH EASY ACCESS TO HEALTHCARE AND PROFESSIONAL SERVICES. KITTAY SENIOR...

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KITTAY SENIOR APARTMENTS, A 295-UNIT APARTMENT BUILDING LOCATED AT 2550 WEBB AVE., BRONX, NY 10468, OFFERS AFFORDABLE LIVING WITH EASY ACCESS TO HEALTHCARE AND PROFESSIONAL SERVICES. KITTAY SENIOR APARTMENTS PROVIDES SUBSIDIZED HOUSING FOR INDEPENDENT SENIORS WITH OPTIONAL SERVICES AVAILABLE FROM THIRD PARTY PROVIDERS TO ASSIST THEM WITH THEIR CARE AND PERSONAL NEEDS. KITTAY SENIOR APARTMENTS OFFERS MANY AMENITIES DESIGNED TO MAKE SENIORS SAFE AND COMFORTABLE INCLUDING AN EMERGENCY RESPONSE SYSTEM AND 24-HOUR SECURITY, NUTRITIOUS RESTAURANT-STYLE DINING, SOCIAL AND EDUCATIONAL PROGRAMS, ACTIVITIES AND TRIPS, HOUSEKEEPING SERVICES AND AWARD WINNING GARDENS. KITTAY SENIOR APARTMENTS PARTNERS WITH OTHER NY-BASED PROVIDER ORGANIZATIONS TO OFFER HOUSING AND SERVICES TO THE OLDER ADULTS. ADDITIONALLY, THE TOP FLOOR OF KITTAY SENIOR APARTMENTS IS OCCUPIED BY THE MURIEL AND HAROLD BLOCK RESIDENCE, PART OF THE MJHS HOSPICE. FOR MORE INFORMATION ON KITTAY SENIOR APARTMENTS, PLEASE VISIT WWW.KITTAYHOUSE.ORG.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $6,104,641
Investment Income $53,116
Other Revenue $170,873
TOTAL REVENUE $6,328,630

Expense Breakdown

Grants Paid $0
Salaries & Benefits $468,230
Fundraising Expenses $0
Program Expenses $6,535,006
Other Expenses $6,070,666
TOTAL EXPENSES $6,538,896

Year-over-Year Comparison

2024 2023 Change
Revenue $6,328,630 $5,997,116 +0.1%
Expenses $6,538,896 $6,962,600 -0.1%
Net Income $-210,266 $-965,484 -0.8%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
3
Employees
12
Volunteers
4

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
6
$1,685,001
Total Directors
5
$1,685,001
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALAN ALTSCHULER TREASURER 0.20
Officer Director
$0 $0 $0
ARAN RON MD VICE CHAIR 0.20
Officer Director
$0 $0 $0
JEFFREY I FARBER MD PRESIDENT AND CEO 0.20
Officer Director
$0 $67,610 $1,116,400
MARK WEISS CFO 0.20
Officer Director
$0 $32,592 $568,601
WILLIAM BLUMSTEIN CHAIR 0.20
Officer Director
$0 $0 $0
LISA FEINER SECRETARY 0.20
Officer
$0 $0 $0
ROBERT LEWIS HOUSING DIR., BUILDING SVCS 40.00
Highest
$101,792 $20,397 $122,189
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 $6,328,630 $6,538,896 $10,084,638 $-210,266
2023 $5,997,116 $6,962,600 $10,393,855 $-965,484
2022 $5,967,486 $6,789,796 $10,595,258 $-822,310
2021 $6,473,282 $6,676,221 $11,072,265 $-202,939
2020 $7,540,575 $7,245,327 $10,522,270 $295,248
2019 $5,501,011 $4,519,383 $11,437,149 $981,628
2018 $5,161,537 $4,758,172 $11,887,270 $403,365
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