PARKER JEWISH INSTITUTE FOR HEALTH CARE AND REHABILITATION (EIN 132631069) - 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

1968

Legal Domicile

Principal Officer

MICHAEL ROSENBLUT

Phone

7182892100

Tax Period

2023-01-01 to 2023-12-31

PARKER JEWISH INSTITUTE FOR HEALTH CARE AND REHABILITATION, founded in 1968, is a major nonprofit in the Health Care sector that reported $109.2M in total revenue in fiscal year 2023. Expenses of $163.3M exceeded revenue, resulting in a 50% operating deficit.

Mission

THE INSTITUTE'S MOST SIGNIFICANT ACTIVITIES DURING THE YEAR INCLUDED PROVIDING, WITH COMPASSION AND DEDICATION, SUPERIOR QUALITY HEALTH CARE AND REHABILITATION FOR ADULTS AND TO DIRECTLY OR INDIRECTLY COORDINATE ARRANGEMENTS AND PROVISION FOR COMPREHENSIVE HEALTH CARE AND SOCIAL SUPPORT SERVICES TO FRAIL ELDERLY AND OTHER INDIVIDUALS WHO MAY REQUIRE CHRONIC OR LONG TERM CARE, AND TO ENGAGE IN EDUCATIONAL ACTIVITIES RELATING TO SUCH ACTIVITIES.

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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 $12,246,886

Program Service Revenue $94,442,026

Investment Income $18,901

Other Revenue $2,519,468

TOTAL REVENUE $109,227,281

Expense Breakdown

Grants Paid $39,047,396

Salaries & Benefits $85,746,109

Fundraising Expenses $0

Program Expenses $143,339,194

Other Expenses $38,552,468

TOTAL EXPENSES $163,345,973

Year-over-Year Comparison

	2023	2022	Change
Revenue	$109,227,281	$101,387,589	+0.1%
Expenses	$163,345,973	$111,359,794	+0.5%
Net Income	$-54,118,692	$-9,972,205	+4.4%

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

1203

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

$2,361,246

Total Directors

Key Employees

$1,179,953

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ROBERT STERLING	CHAIRMAN	1.00	Officer Director	$0	$0	$0
FRANCES KATZ	VICE CHAIR	1.00	Officer Director	$0	$0	$0
NINA KOPPELMAN	VICE CHAIR	1.00	Officer Director	$0	$0	$0
SHERYL SILVERSTEIN DMD	VICE CHAIR	1.00	Officer Director	$0	$0	$0
TARYN TANZER	TREASURER	1.00	Officer Director	$0	$0	$0
GARY GRANOFF	ASSISTANT TREASURER	1.00	Officer Director	$0	$0	$0
JERRY LANDSBERG	SECRETARY	1.00	Officer Director	$0	$0	$0
MIKE L DENHOFF	ASSISTANT SECRETARY	1.00	Officer Director	$0	$0	$0
WILLIAM ACKERMAN	TRUSTEE	1.00	Director	$0	$0	$0
HOWARD BORIS	TRUSTEE	1.00	Director	$0	$0	$0
LEE CHARLES	TRUSTEE	1.00	Director	$0	$0	$0
BARBARA KURSHAN COLEMAN	TRUSTEE	1.00	Director	$0	$0	$0
PHILIP KAPLAN	TRUSTEE	1.00	Director	$0	$0	$0
ALVIN MURSTEIN	TRUSTEE	1.00	Director	$0	$0	$0
LEONARD TANZER	TRUSTEE	1.00	Director	$0	$0	$0
MICHAEL N ROSENBLUT	PRESIDENT/CEO	39.90	Officer	$1,489,337	$125,148	$1,614,485
ROBERT M WERNER	CFO/EVP FOR OPERATIONS	38.90	Officer	$648,223	$98,538	$746,761
IGOR ISRAEL MD	CHIEF MEDICAL OFFICER	50.00	Key Emp	$349,407	$68,632	$418,039
WILLIAM PALUMBO	VP ADMINISTRATION	40.00	Key Emp	$335,407	$76,423	$411,830
COLLEEN ARIOLA	VP OF PATIENT SERVICES	50.00	Key Emp	$329,506	$20,578	$350,084
SATVIR KAUR	REGISTERED NURSE	40.00	Highest	$403,073	$17,742	$420,815
RAQUEL NABAS	REGISTERED NURSE	40.00	Highest	$400,437	$17,742	$418,179
HOWARD SOBERS	REGISTERED NURSE	40.00	Highest	$331,477	$17,742	$349,219
MEGEEN GASTON	REGISTERED NURSE	40.00	Highest	$285,526	$0	$285,526
SUKHVIR KAUR	REGISTERED NURSE	40.00	Highest	$284,410	$17,674	$302,084

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	$109,227,281	$163,345,973	$257,080,485	$-54,118,692
2022	$101,387,589	$111,359,794	$275,369,111	$-9,972,205
2021	$91,840,535	$107,330,902	$199,982,066	$-15,490,367
2020	$86,611,508	$104,874,480	$184,695,687	$-18,262,972
2019	$96,944,662	$103,807,414	$164,803,351	$-6,862,752
2018	$96,059,523	$100,052,380	$146,999,356	$-3,992,857

PARKER JEWISH INSTITUTE FOR HEALTH CARE AND REHABILITATION