HAMASPIK OF ROCKLAND COUNTY INC

EIN: 133978518 501(c)(3) Unknown

MONSEY, NY

Total Revenue
$81,027,295
Total Expenses
$76,607,511
Total Assets
$86,953,846
Net Assets
$80,280,587
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
NY
Principal Officer
JOEL FREUND
Phone
8453568400
Tax Period
2023-01-01 to 2023-12-31

HAMASPIK OF ROCKLAND COUNTY INC, founded in 1997, is a mid-sized nonprofit in the Unknown sector that reported $81.0M in total revenue in fiscal year 2023. Revenue decreased 16% compared to the prior year. Expenses of $76.6M left a modest 5% surplus.

Mission

TO PROVIDE HEALTH & HUMAN SERVICES FOR INDIVIDUALS IN NEED, ENABLING THEM TO ACHIEVE THEIR HIGHEST POTENTIAL AND ENHANCE THE QUALITY OF THEIR LIVES TO THE FULLEST.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $78,800,310
Investment Income $2,170,468
Other Revenue $56,517
TOTAL REVENUE $81,027,295

Expense Breakdown

Grants Paid $0
Salaries & Benefits $46,813,095
Fundraising Expenses $0
Program Expenses $71,627,404
Other Expenses $29,794,416
TOTAL EXPENSES $76,607,511

Year-over-Year Comparison

2023 2022 Change
Revenue $81,027,295 $96,983,814 -0.2%
Expenses $76,607,511 $74,543,418 +0.0%
Net Income $4,419,784 $22,440,396 -0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
6
Independent Members
5
Employees
2188
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
2
$902,373
Total Directors
6
$0
Key Employees
4
$967,351
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MOISHE SCHWARTZ BOARD PRESIDENT 2.00
Director
$0 $0 $0
JOSEPH LOWY BOARD TREASURER 2.00
Director
$0 $0 $0
HERSHEL LOWY BOARD TREASURER 2.00
Director
$0 $0 $0
WOLF SCHNITZER BOARD SECRETARY 2.00
Director
$0 $0 $0
MEYER WERTHEIMER BOARD MEMBER 2.00
Director
$0 $0 $0
BARUCH MARKOWITZ BOARD MEMBER 2.00
Director
$0 $0 $0
JOEL FREUND EXECUTIVE DIRECTOR 59.00
Officer
$457,021 $58,005 $515,026
SOLOMON WERTHEIMER CHIEF FINANCIAL OFFICER 47.00
Officer
$327,414 $59,933 $387,347
WILLIAM SABEL DIRECTOR OF RESIDENTIAL SERVICES 70.00
Key Emp
$177,760 $49,391 $227,151
SHLOIME KORNBLUH DIRECTOR OF OPERATIONS 69.00
Key Emp
$227,344 $48,846 $276,190
YAKOV GRUNWALD DIRECTOR OF HCBS AND WAIVER SERVICES 42.80
Key Emp
$196,963 $33,694 $230,657
RIVKI KOTH DIRECTOR OF INTAKE & OFFICE MANAGEMENT 39.45
Key Emp
$201,091 $32,262 $233,353
CHANA FINKEL BCBA 35.00
Highest
$223,600 $35,965 $259,565
JACOB GOLDSTEIN DIRECT SUPPORT PROFESSIONAL 121.00
Highest
$180,061 $28,439 $208,500
MORDECHAI NEUMAN DIRECTOR OF BEHAVIORAL HEALTH & CLINICAL SERVICES 36.00
Highest
$199,406 $36,172 $235,578
AARON RUBINSTEIN DIRECTOR OF IT 28.00
Highest
$180,017 $48,235 $228,252
SARAH GOTTLIEB DIRECTOR OF A/P & NHTD 28.00
Highest
$165,144 $9,412 $174,556
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 $81,027,295 $76,607,511 $86,953,846 $4,419,784
2022 $96,983,814 $74,543,418 $83,594,293 $22,440,396
2021 $60,740,286 $48,281,742 $63,578,748 $12,458,544
2020 $45,471,238 $43,440,852 $51,251,575 $2,030,386
2019 $66,089,806 $64,316,488 $52,711,160 $1,773,318
2018 $60,829,680 $63,411,658 $45,245,984 $-2,581,978
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare HAMASPIK OF ROCKLAND COUNTY INC with other nonprofits in New York and across the country.