MENORAH CAMPUS INDEPENDENT SENIOR APARTM

EIN: 161376701 501(c)(3)

GETZVILLE, NY

Total Revenue
$5,718,292
Total Expenses
$7,646,429
Total Assets
$230,603
Net Assets
$-17,151,291
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1990
Legal Domicile
NY
Principal Officer
ROBERT T MAYER
Phone
7166393311
Tax Period
2020-01-01 to 2020-12-31

MENORAH CAMPUS INDEPENDENT SENIOR APARTM, founded in 1990, is a community nonprofit that reported $5.7M in total revenue in fiscal year 2020. Expenses of $7.6M exceeded revenue, resulting in a 34% operating deficit.

Mission

THE MISSION OF MENORAH CAMPUS, INC. D/B/A THE HARRY AND JEANETTE WEINBERG CAMPUS, IS TO ADDRESS THE FULL NEEDS OF OLDER PEOPLE IN OUR REGION: MEDICAL, RESIDENTIAL, EMOTIONAL, FINANCIAL, SOCIAL, AND SPIRITUAL. MENORAH CAMPUS INDEPENDENT SENIOR APARTMENTS, INC. IS A SUBSIDIARY OF MENORAH CAMPUS, INC. AND IT PROVIDES HOUSING OPTIONS FOR SENIORS IN THE WESTERN NEW YORK COMMUNITY.

Program Service Accomplishments

Program 1
Expenses: $6,170,504 Revenue: $5,718,292

MENORAH CAMPUS INC. D/B/A THE HARRY AND JEANETTE WEINBERG CAMPUS ("WEINBERG CAMPUS") IS AN EXEMPT ORGANIZATION AND IS THE SOLE MEMBER FOR 8 EXEMPT OPERATING SUBSIDIARIES INCLUDING MENORAH CAMPUS...

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MENORAH CAMPUS INC. D/B/A THE HARRY AND JEANETTE WEINBERG CAMPUS ("WEINBERG CAMPUS") IS AN EXEMPT ORGANIZATION AND IS THE SOLE MEMBER FOR 8 EXEMPT OPERATING SUBSIDIARIES INCLUDING MENORAH CAMPUS INDEPENDENT SENIOR APARTMENTS, INC. WEINBERG CAMPUS, THROUGH ITS OPERATING SUBSIDIARIES, OFFERS A VARIETY OF LIVING OPTIONS AND CUSTOMIZABLE CARE PROGRAMS TO MEET THE NEEDS OF SENIORS IN WESTERN NEW YORK. THE SERVICES PROVIDED RANGE FROM INDEPENDENT LIVING APARTMENTS WITH SUPPORTIVE SERVICES AVAILABLE AS NEEDED TO A MORE STRUCTURED ADULT HOME SETTING, TO SOCIAL AND MEDICAL DAY PROGRAMS, SHORT TERM REHABILITATION, A NURSING HOME, HOME CARE, AND A MENTAL HEALTH RESIDENCE. WEINBERG CAMPUS IS A LEADER IN DEVELOPING THOUGHTFUL APPROACHES TO THE CHALLENGES OF AGING AND STRIVES TO CREATE A HOME-LIKE ENVIRONMENT THAT ASSISTS INDIVIDUALS TO LIVE ACCORDING TO THEIR NEEDS AND VALUES. WEINBERG CAMPUS PROVIDES SERVICES TO APPROXIMATELY 2,000 INDIVIDUALS ON AN ANNUAL BASIS. MENORAH CAMPUS INDEPENDENT SENIOR APARTMENTS ("THE APARTMENTS") PROVIDE 455 APARTMENTS FOR SENIORS IN THE WESTERN NEW YORK COMMUNITY. THE APARTMENTS ARE PROVIDED IN FIVE DISTINCTIVE SETTINGS: (1) 52 APARTMENTS FOR SENIORS WHO WISH TO ENJOY A RELATIVELY INDEPENDENT LIFESTYLE IN BEAUTIFUL APARTMENTS WITH TAILORED SERVICES DESIGNED TO MEET THEIR NEEDS; (2) 64 APARTMENTS DESIGNED FOR ADULTS WHO WISH TO AGE IN A PLACE WITHOUT CONCERNS OF HOUSEKEEPING, PROPERTY MANAGEMENT, AND MEAL PREPARATION; (3) 96 APARTMENTS TO SUPPORT THE FULL RANGE OF ISSUES THAT ACCOMPANIES ELDERLY FRAIL; (4) 120 APARTMENTS FOR ADULTS WHO PARTICIPATE IN MANAGED LONE-TERM CARE PROGRAM; AND (5) A 3-STORY, 123-UNIT SENIOR APARTMENT BUILDING DESIGNED TO HOUSE INDIVIDUALS 55 AND OLDER IN AN ACTIVE AND VIBRANT SETTING. FEATURES INCLUDE: 24-HOUR SECURITY, ACTIVITIES PROGRAM THAT PROVIDES GROUP AND INDIVIDUAL ATTENTION FOR RESIDENTS TO ENJOY, ACCESS TO ALL CAMPUS AMENITIES SUCH AS THE GIFT SHOP, DELI, BANKING SERVICES, COMPUTER ROOM, BARBER SHOP AND SALON, AND TRANSPORTATION TO SHOPPING COMMUNITY ACTIVITIES AND OFF-CAMPUS VISITS.

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

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Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $5,650,264
Investment Income $0
Other Revenue $68,028
TOTAL REVENUE $5,718,292

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,080,052
Fundraising Expenses $0
Program Expenses $6,170,504
Other Expenses $4,566,377
TOTAL EXPENSES $7,646,429

Year-over-Year Comparison

2020 2019 Change
Revenue $5,718,292 $5,820,325 0.0%
Expenses $7,646,429 $7,594,241 +0.0%
Net Income $-1,928,137 $-1,773,916 +0.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
11
Employees
58
Volunteers
N/A

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
$505,714
Total Directors
13
$357,772
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KENNETH A ROGERS CHAIRMAN 0.10
Officer Director
$0 $0 $0
SAMUEL L SHAPIRO VICE CHAIRMAN 0.10
Officer Director
$0 $0 $0
JONATHAN D SCHECHTER FIRST VICE CHAIR & TREASUR 0.10
Officer Director
$0 $0 $0
ROBERT T MAYER PRESIDENT/CEO & ASSISTANT SECRETARY 1.00
Officer Director
$0 $110,464 $357,772
RICHARD H GORDON SECRETARY 0.10
Officer Director
$0 $0 $0
LAWRENCE M COHEN DIRECTOR 0.10
Director
$0 $0 $0
MARK A CRIDEN DIRECTOR 0.10
Director
$0 $0 $0
ORRIN D TOBBE DIRECTOR 0.10
Director
$0 $0 $0
JANET K WISBAUM DIRECTOR 0.10
Director
$0 $0 $0
CYNTHIA A KOMM DIRECTOR 0.10
Director
$0 $0 $0
LEONARD KATZ DIRECTOR 0.10
Director
$0 $0 $0
ESTELLE BRICKNER DIRECTOR 0.10
Director
$0 $0 $0
LITO GUTIERREZ DIRECTOR 0.10
Director
$0 $0 $0
RANDI C DRESSEL ASSISTANT SECRETARY 1.00
Officer
$0 $43,116 $147,942
MATTHEW MCDOUGAL ADMINISTRATOR 0.00
Highest
$0 $108 $193,473
MELISSA FEIDER HR DIRECTOR 0.00
Highest
$0 $19,730 $145,719
DAVID DUNKELMAN FORMER PRESIDENT/CEO 0.00
$0 $0 $193,616
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
2020 $5,718,292 $7,646,429 $230,603 $-1,928,137
2019 $5,820,325 $7,594,241 $278,476 $-1,773,916
2018 $6,068,105 $7,571,006 $213,170 $-1,502,901
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