ISABELLA GERIATRIC CENTER INC

EIN: 133623808 501(c)(3) Human Services

NEW YORK, NY

Total Revenue
$99,863,580
Total Expenses
$109,251,449
Total Assets
$118,500,856
Net Assets
$34,528,746
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Financial Trends

Organization Details

Formation Year
1991
Legal Domicile
NY
Principal Officer
DAVID WAGNER
Phone
7184917208
Tax Period
2023-01-01 to 2023-12-31

ISABELLA GERIATRIC CENTER INC, founded in 1991, is a mid-sized nonprofit in the Human Services sector that reported $99.9M in total revenue in fiscal year 2023.

Mission

OPERATING AS ISABELLA CENTER FOR REHABILITATION AND NURSING CARE, ISABELLA IS A 705-BED NOT-FOR-PROFIT ORGANIZATION THAT IS A MEMBER OF THE MJHS HEALTH SYSTEM FAMILY. ISABELLA IS COMMITTED TO PROVIDING EXCEPTIONAL SHORT-TERM, SUB-ACUTE REHABILITATION SERVICES AND LONG-TERM SKILLED NURSING IN A CARING ENVIRONMENT THAT OFFERS SUPPORT AND GUIDANCE AS HEALTH CARE NEEDS EVOLVE FOR PATIENTS AND RESIDENTS OF ALL RELIGIOUS, CULTURAL AND ECONOMIC BACKGROUNDS AS WELL AS GENDER IDENTITY, SEXUAL ORIENTATION AND MILITARY STATUS. ISABELLA BECAME A MEMBER OF MJHS HEALTH SYSTEM IN DECEMBER 2017.

Program Service Accomplishments

Program 1
Expenses: $98,886,362 Revenue: $94,707,029

ISABELLA IS A 705-BED CENTER FOR REHABILITATION AND NURSING CARE, OFFERING 24 HOUR SKILLED SERVICES AND SPECIALIZED CARE IN AN ENVIRONMENT DESIGNED TO PROMOTE HEALTH AND INDEPENDENCE AS WELL AS...

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ISABELLA IS A 705-BED CENTER FOR REHABILITATION AND NURSING CARE, OFFERING 24 HOUR SKILLED SERVICES AND SPECIALIZED CARE IN AN ENVIRONMENT DESIGNED TO PROMOTE HEALTH AND INDEPENDENCE AS WELL AS RESIDENT-CENTERED CARE. ISABELLA OFFERS PERSONALIZED REHABILITATION SERVICES FOR THOSE REQUIRING SHORT-STAY, SUB-ACTIVE CARE, ENCOURAGING INDEPENDENCE AND A RAPID AND SAFE RETURN HOME. ISABELLA ALSO OFFERS THERAPEUTIC PROGRAMS AND COMPASSIONATE CARE FOR LONG-TERM RESIDENTS TO ENHANCE QUALITY OF LIFE AND PROVIDE STIMULATION ON A SENSORY AND COGNITIVE BASIS. IN ADDITION, ISABELLA'S PALLIATIVE CARE PROGRAM OFFERS COMFORT AND SUPPORT TO RESIDENTS WHO MAY BE LIVING WITH A SERIOUS OR CHRONIC ILLNESS. THE PALLIATIVE CARE TEAM WORKS WITH THERESIDENT AND THEIR FAMILY TO PROVIDE AN INDIVIDUALIZED PROGRAM THAT WILL OFFER RELIEF FROM PAIN AND OTHER DEBILITATING SYMPTOMS. ISABELLA ALSO OFFERS A SAFE, CARING ENVIRONMENT FOR ADULTS AT ALL STAGES OF DEMENTIA OR ALZHEIMER'S DISEASE. IN 2023, ISABELLA PROVIDED 239,933 DAYS OF SKILLES NURSING CARE PROVIDED WITH COMPASSION, DIGNITY AND RESPECT. IN ADDITION, ISABELLA OPERATES ISABELLA HOUSE, WHICH INCLUDES 78 STUDIO AND ONE-BEDROOM APARTMENTS FOR INDEPENDENT ADULTS AGE 62 AND OLDER. RESIDENCES OFFER A SAFE, SPACIOUS, ENJOYABLE PLACE TO LIVE IN CLOSE PROXIMITY TO A WIDE RANGE OF MEDICAL AND SOCIAL SUPPORT SERVICES, IF AND WHEN THEY ARE NEEDED. RENT INCLUDES TWO MEALS PER DAY, UTILITIES, BASIC CABLE TV, RECREATIONAL ACTIVITIES, 24-HOUR SECURITY AND TRANSPORTATION.

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Trantor Score

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $4,852,929
Program Service Revenue $94,707,029
Investment Income $49,225
Other Revenue $254,397
TOTAL REVENUE $99,863,580

Expense Breakdown

Grants Paid $0
Salaries & Benefits $54,540,804
Fundraising Expenses $0
Program Expenses $98,886,362
Other Expenses $54,710,645
TOTAL EXPENSES $109,251,449

Year-over-Year Comparison

2023 2022 Change
Revenue $99,863,580 $105,051,360 0.0%
Expenses $109,251,449 $111,883,333 0.0%
Net Income $-9,387,869 $-6,831,973 +0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
12
Independent Members
11
Employees
672
Volunteers
81

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
$3,073,388
Total Directors
12
$1,485,170
Key Employees
1
$711,907
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID WAGNER CEO,PRESIDENT 1.39
Officer Director
$0 $138,798 $1,485,170
DAVID KOSCHITZKI CHIEF FINANCIAL OFFICER 1.55
Officer
$0 $124,203 $820,536
CHRISTINA VAN VORT CHIEF LEGAL OFFICER 1.57
Officer
$0 $87,581 $767,682
LOYOLA PRINCIVIL-BARNETT COO MJHS CENTERS FOR REHAB 23.45
Key Emp
$586,866 $125,041 $711,907
JOSEPH NESCI DIRECTOR OF FACILITIES MGMT. 35.0
Highest
$246,503 $55,396 $301,899
CHRISTINE YOUNG DIRECTOR OF NURSING 35.0
Highest
$223,121 $62,770 $285,891
DEIRDRE DOWNES DIRECTOR SW,SUPP CARE 35.0
Highest
$180,454 $63,547 $244,001
DEAN WEDDERBURN LPN 35.0
Highest
$183,956 $0 $183,956
DEENA VARGHESE ASSITANT HEAD NURSE 35.0
Highest
$176,727 $0 $176,727
JAY TALBOT CHAIR 0.5
Officer Director
$0 $0 $0
MARK LIPTON VICE CHAIR 0.5
Officer Director
$0 $0 $0
STEVEN TOPAL SECRETARY,TREASURER 0.5
Officer Director
$0 $0 $0
ALEXANDER BALKO DIRECTOR 0.5
Director
$0 $0 $0
BURTON ESRIG DIRECTOR 0.5
Director
$0 $0 $0
ELI FELDMAN DIRECTOR 0.5
Director
$0 $0 $0
BRADLEY FLUEGEL DIRECTOR 0.5
Director
$0 $0 $0
WILLIAM GORMLEY SR DIRECTOR 0.5
Director
$0 $0 $0
ARTHUR GOSHIN DIRECTOR 0.5
Director
$0 $0 $0
HILA RICHARDSON DIRECTOR 0.5
Director
$0 $0 $0
ANN WYATT DIRECTOR 0.5
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 $99,863,580 $109,251,449 $118,500,856 $-9,387,869
2022 $105,051,360 $111,883,333 $129,675,796 $-6,831,973
2021 $93,043,151 $102,291,353 $130,669,713 $-9,248,202
2020 $87,245,917 $122,897,216 $132,581,237 $-35,651,299
2019 $111,998,921 $117,422,830 $153,212,824 $-5,423,909
2018 $114,434,646 $119,678,980 $157,957,330 $-5,244,334
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