JEWISH HOME LIFECARE SARAH NEUMAN CENTER WESTCHESTER (EIN 133620568) - 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

1990

Legal Domicile

Principal Officer

JEFFREY FARBER MD

Phone

2128705000

Tax Period

2023-01-01 to 2023-12-31

JEWISH HOME LIFECARE SARAH NEUMAN CENTER WESTCHESTER, founded in 1990, is a mid-sized nonprofit in the Health Care sector that reported $45.2M in total revenue in fiscal year 2023. Expenses of $53.0M exceeded revenue, resulting in a 17% operating deficit.

Mission

JEWISH HOME LIFECARE (D/B/A THE NEW JEWISH HOME) WESTCHESTER, SARAH NEUMAN CENTER, IS A NOT-FOR-PROFIT ORGANIZATION COMMITTED TO TRANSFORMING ELDERCARE FOR NEW YORKERS SO THEY CAN LIVE MEANINGFUL LIVES IN THE PLACE THEY CALL HOME.

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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 $1,768,596

Program Service Revenue $43,353,792

Investment Income $117,996

Other Revenue $0

TOTAL REVENUE $45,240,384

Expense Breakdown

Grants Paid $0

Salaries & Benefits $32,077,986

Fundraising Expenses $0

Program Expenses $47,342,193

Other Expenses $20,942,292

TOTAL EXPENSES $53,020,278

Year-over-Year Comparison

	2023	2022	Change
Revenue	$45,240,384	$43,794,331	+0.0%
Expenses	$53,020,278	$50,159,755	+0.1%
Net Income	$-7,779,894	$-6,365,424	+0.2%

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

399

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

$1,810,340

Total Directors

$1,212,894

Key Employees

$251,430

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
JEFFREY I FARBER MD	PRESIDENT AND CEO	10.65	Officer Director	$0	$61,538	$1,212,894
ALAN ALTSCHULER	TREASURER	0.20	Officer Director	$0	$0	$0
ARAN RON	DIRECTOR	0.20	Director	$0	$0	$0
BRUCE EVANS	DIRECTOR	0.20	Director	$0	$0	$0
DANIEL S BERNSTEIN	DIRECTOR	0.20	Director	$0	$0	$0
DAVID ORELOWITZ	DIRECTOR	0.20	Director	$0	$0	$0
DAVID J FREEMAN	DIRECTOR	0.20	Director	$0	$0	$0
ELIZABETH PAGEL SEREBRANSKY	DIRECTOR	0.20	Director	$0	$0	$0
GINGI PICA	DIRECTOR	0.20	Director	$0	$0	$0
JAMES CALDWELL	DIRECTOR	0.20	Director	$0	$0	$0
JILL OBERLANDER	DIRECTOR	0.20	Director	$0	$0	$0
JONATHAN HOCHBERG	DIRECTOR	0.20	Director	$0	$0	$0
LISA LIPPMAN	DIRECTOR	0.20	Director	$0	$0	$0
LISA GELB FEINER	DIRECTOR	0.20	Director	$0	$0	$0
LYNN OBERLANDER	SECRETARY	0.20	Officer Director	$0	$0	$0
MARGOT E FREEDMAN	DIRECTOR	0.20	Director	$0	$0	$0
MICHAEL LUSKIN	DIRECTOR	0.20	Director	$0	$0	$0
MICHAEL E OLSHAN	DIRECTOR	0.20	Director	$0	$0	$0
PETER THOMAS HESS	DIRECTOR	0.20	Director	$0	$0	$0
SOFIA SEGAL	DIRECTOR	0.20	Director	$0	$0	$0
TAMI J SCHNEIDER	DIRECTOR	0.20	Director	$0	$0	$0
TOM ANDREW JAVITS	DIRECTOR	0.20	Director	$0	$0	$0
WALTER MARC PRIMOFF	DIRECTOR	0.20	Director	$0	$0	$0
WILLIAM KLINGENSTEIN	DIRECTOR	0.20	Director	$0	$0	$0
WILLIAM A BLUMSTEIN	BOARD CHAIR	0.20	Officer Director	$0	$0	$0
WILLIAM DOUGLAS KUMMEL	DIRECTOR	0.20	Director	$0	$0	$0
MARK WEISS	CFO	10.65	Officer	$0	$22,692	$597,446
LAURENCE ABRAMS	ADMINISTRATOR	35.00	Key Emp	$249,063	$2,367	$251,430
LYDIA OWUSU	RN - NIGHT SRN	35.00	Highest	$218,636	$3,809	$222,445
MARION SMITH	DIRECTOR OF NURSING	35.00	Highest	$196,614	$17,846	$214,460
MIRIAM LEVI	NURSING HOME ADMINISTRATOR	35.00	Highest	$156,775	$37,256	$194,031
KAREN DONALDSON	RN	35.00	Highest	$162,006	$0	$162,006
LORNA PALARPALAR	DIR. OF CLINICAL REIMBURSEMENT	35.00	Highest	$132,183	$46,780	$178,963

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	$45,240,384	$53,020,278	$38,022,914	$-7,779,894
2022	$43,794,331	$50,159,755	$38,391,581	$-6,365,424
2021	$47,212,238	$48,232,351	$40,158,579	$-1,020,113
2020	$41,396,418	$49,038,717	$39,866,114	$-7,642,299
2019	$45,389,276	$46,617,882	$42,689,913	$-1,228,606
2018	$48,865,483	$45,570,242	$42,882,342	$3,295,241

JEWISH HOME LIFECARE SARAH NEUMAN CENTER WESTCHESTER