MORNINGSIDE RETIREMENT AND HEALTH SERVICES INC

EIN: 136206256 501(c)(3) Human Services

NEW YORK, NY

Total Revenue
$922,350
Total Expenses
$1,076,708
Total Assets
$3,264,640
Net Assets
$3,066,798
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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
RONALD BRUNO
Phone
2126664000
Tax Period
2023-01-01 to 2023-12-31

MORNINGSIDE RETIREMENT AND HEALTH SERVICES INC, founded in 1966, is a small nonprofit in the Human Services sector that reported $922K in total revenue in fiscal year 2023. Revenue surged 23% from the prior year, signaling strong growth momentum. Expenses of $1.1M exceeded revenue, resulting in a 17% operating deficit.

Mission

THE PRUPOSE OF THE ORGANIZATION IS TO PROVIDE SERVICES TO FRAIL AND AT-RISK ELDERLY RESIDENTS TO ENABLE THEM TO REMAIN COMFORTABLY IN THEIR OWN HOMES FOR AS LONG AS POSSIBLE.

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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 (2023)

Revenue Breakdown

Contributions & Grants $812,281
Program Service Revenue $9,930
Investment Income $56,793
Other Revenue $43,346
TOTAL REVENUE $922,350

Expense Breakdown

Grants Paid $0
Salaries & Benefits $537,283
Fundraising Expenses $68,443
Program Expenses $825,772
Other Expenses $539,425
TOTAL EXPENSES $1,076,708

Year-over-Year Comparison

2023 2022 Change
Revenue $922,350 $747,060 +0.2%
Expenses $1,076,708 $905,900 +0.2%
Net Income $-154,358 $-158,840 0.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
11
Independent Members
11
Employees
5
Volunteers
133

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
$124,726
Total Directors
16
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
TONIA PAPKE WATERBURY VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
MOLLY SWEENY BOARD MEMBER 2.00
Director
$0 $0 $0
DANIEL PEKARSKY BOARD MEMBER 2.00
Director
$0 $0 $0
MELINDA MOORE BOARD MEMBER 2.00
Director
$0 $0 $0
JOAN LEVINE BOARD MEMBER 2.00
Director
$0 $0 $0
CARL JONES BOARD MEMBER 2.00
Director
$0 $0 $0
MARGARET JOHNSON SECRETARY 2.00
Officer Director
$0 $0 $0
ROBERT HILL PRESIDENT/FORMER TREASURER 2.00
Officer Director
$0 $0 $0
JEFF EDELSON BOARD MEMBER 2.00
Director
$0 $0 $0
DAVID DEWEY BOARD MEMBER 2.00
Director
$0 $0 $0
B CHANDRASEKARAN TREASURER 2.00
Officer Director
$0 $0 $0
NORA ARMANI FORMER BOARD MEMBER 2.00
Director
$0 $0 $0
MICHELE PELLAR FORMER BOARD MEMBER 2.00
Director
$0 $0 $0
ALICE LILLY FORMER BOARD MEMBER 2.00
Director
$0 $0 $0
HARRIET CHAN KING FORMER BOARD MEMBER 2.00
Director
$0 $0 $0
MICHAEL DAVIDSON FORMER PRESIDENT 10.00
Officer Director
$0 $0 $0
RON BRUNO EXECUTIVE DIRECTOR 40.00
Officer
$124,726 $0 $124,726
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 $922,350 $1,076,708 $3,264,640 $-154,358
2022 $747,060 $905,900 $3,282,589 $-158,840
2021 $986,609 $804,846 $3,334,863 $181,763
2020 $1,337,195 $690,841 $3,229,247 $646,354
2019 $747,148 $736,874 $2,510,143 $10,274
2018 $561,527 $747,550 $2,512,432 $-186,023
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