THE ESTAUGH TA MEDFORD LEAS

EIN: 210633410 501(c)(3) Human Services

MEDFORD, NJ

Total Revenue
$35,382,227
Total Expenses
$35,555,970
Total Assets
$159,557,001
Net Assets
$71,858,899
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1971
Legal Domicile
NJ
Principal Officer
JEREMY M VICKERS
Phone
6096543000
Tax Period
2023-04-01 to 2024-03-31

THE ESTAUGH TA MEDFORD LEAS, founded in 1971, is a mid-sized nonprofit in the Human Services sector that reported $35.4M in total revenue in fiscal year 2023. Revenue grew 9% year-over-year, indicating healthy expansion. Net assets of $71.9M represent 24 months of operating reserves.

Mission

TO CREATE AND ADVANCE INDIVIDUAL AND COMMUNITY WELL-BEING FOR PEOPLE AGED 55 YEARS AND OLDER.CONTINUED ON "SCHEDULE O".WE ARE SPONSORED BY THE ESTAUGH, A NOT-FOR-PROFIT CORPORATION FOUNDED IN 1914 BY THE RELIGIOUS SOCIETY OF FRIENDS (QUAKERS). WE ARE GUIDED BY QUAKER PRINCIPLES AND HAVE BEEN A LEADER IN QUALITY LIVING SINCE OPENING IN 1971. LIVING AN ACTIVE LIFE AT MEDFORD LEAS IS FURTHER ENRICHED BY OUR COMMITMENT TO QUAKER PRINCIPLES, WHICH ARE FOCUSED ON NURTURING THE PHYSICAL, EMOTIONAL, INTELLECTUAL, SOCIAL AND SPIRITUAL WELL-BEING OF EACH RESIDENT.

Program Service Accomplishments

Program 1
Expenses: $22,619,801 Revenue: $24,116,693

MEDFORD LEAS IS A LEADING SENIOR ADULT COMMUNITY SUCCESSFULLY MEETING THE TOTAL LIFESTYLE NEEDS OF ITS RESIDENTS WITH INNOVATIVE AND HIGHLY VALUED PROGRAMS, LIFE ENHANCING AND SUSTAINING SERVICES...

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MEDFORD LEAS IS A LEADING SENIOR ADULT COMMUNITY SUCCESSFULLY MEETING THE TOTAL LIFESTYLE NEEDS OF ITS RESIDENTS WITH INNOVATIVE AND HIGHLY VALUED PROGRAMS, LIFE ENHANCING AND SUSTAINING SERVICES, TECHNOLOGICAL AND ENVIRONMENTAL ADVANCES, UP TO DATE RESIDENTIAL HOMES AND APARTMENTS AND WELL-EQUIPPED FACILITIES ALL IN HIGHLY DESIRABLE ARBORETUM SETTINGS. MEDFORD LEAS PROVIDES MAINTENANCE-FREE LIVING TO ITS RESIDENTS. PRIMARY SERVICES INCLUDE: HEALTHCARE, DINING, HOUSEKEEPING, LAUNDRY, INTERIOR AND EXTERIOR MAINTENANCE, GROUNDSKEEPING AND SNOW REMOVAL. OTHER SERVICES INCLUDE INDIVIDUALIZED FITNESS, TRANSPORTATION AND A VAST ARRAY OF ACTIVITIES FOR THE RESIDENTS. MEDFORD LEAS IS A COMMUNITY OF APPROXIMATELY 500 RESIDENTS WHO LIVE IN NEARLY 400 HOMES OF VARYING SIZES AND DESIGNS.

Program 2
Expenses: $8,457,170 Revenue: $9,016,833

RESIDENT HEALTH CARE: MEDFORD LEAS HAS AN ONSITE OUTPATIENT PRIMARY HEALTH CARE CLINIC. THE ORGANIZATION HAS A FULL-TIME MEDICAL DIRECTOR, PHYSICIAN, AND NURSE PRACTITIONER. SERVICES OFFERED TO...

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RESIDENT HEALTH CARE: MEDFORD LEAS HAS AN ONSITE OUTPATIENT PRIMARY HEALTH CARE CLINIC. THE ORGANIZATION HAS A FULL-TIME MEDICAL DIRECTOR, PHYSICIAN, AND NURSE PRACTITIONER. SERVICES OFFERED TO RESIDENTS INCLUDE AUDIOLOGY, DENTISTRY, PODIATRY, AND PHARMACY SERVICES, AS WELL AS PHYSICAL, OCCUPATIONAL, AND SPEECH THERAPY SERVICES. IN ADDITION, THE FACILITY HAS WELLNESS FACILITIES INCLUDING AN EXERCISE STUDIO, A FITNESS CENTER, AND SWIMMING POOL. THE ORGANIZATION OFFERS VARIED FITNESS, WELLNESS AND AQUATIC PROGRAMS TO ITS RESIDENTS.

Program 3
Expenses: $437,315 Revenue: $466,256

MEDFORD LEAS OFFERS A CARING, SUPPORTIVE APPROACH TO SUB-ACUTE NURSING AND REHABILITATION FOLLOWING A HOSPITALIZATION. OUR TOP-NOTCH MEDICAL TEAM OFFERS SKILLED NURSING SERVICES AS WELL AS SHORT- AND...

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MEDFORD LEAS OFFERS A CARING, SUPPORTIVE APPROACH TO SUB-ACUTE NURSING AND REHABILITATION FOLLOWING A HOSPITALIZATION. OUR TOP-NOTCH MEDICAL TEAM OFFERS SKILLED NURSING SERVICES AS WELL AS SHORT- AND LONG-TERM REHAB, OCCUPATIONAL THERAPY AND MORE - HELPING TO NAVIGATE YOUR PATHWAY BACK TO WELLNESS. AT MEDFORD LEAS, OUR IN-PATIENT TREATMENT PHILOSOPHY IS DESIGNED TO GET YOU HOME AS QUICKLY AS POSSIBLE. WE ASSIST RESIDENTS IN REALIZING THEIR HIGHEST POTENTIAL AND THE TEAM WORKS WITH THE RESIDENTS TO SET AND ACHIEVE REALISTIC GOALS, BOTH FOR THE IMMEDIATE AND LONG-TERM FUTURE.

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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 $1,269,614
Program Service Revenue $33,599,782
Investment Income $98,958
Other Revenue $413,873
TOTAL REVENUE $35,382,227

Expense Breakdown

Grants Paid $355,834
Salaries & Benefits $17,286,386
Fundraising Expenses $165,699
Program Expenses $31,514,286
Other Expenses $17,913,750
TOTAL EXPENSES $35,555,970

Year-over-Year Comparison

2023 2022 Change
Revenue $35,382,227 $32,538,124 +0.1%
Expenses $35,555,970 $34,522,579 +0.0%
Net Income $-173,743 $-1,984,455 -0.9%
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
9
Independent Members
9
Employees
456
Volunteers
40

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
5
$422,555
Total Directors
9
$0
Key Employees
2
$507,395
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NAOJI MORIUCHI CLERK 4.00
Officer Director
$0 $0 $0
SCOTT JONES ASSOCIATE CLERK 2.00
Officer Director
$0 $0 $0
MARIANNE JOHNSTON ESQ RECORDING SECRETARY 2.00
Officer Director
$0 $0 $0
BOB KREIDER TREASURER 2.00
Officer Director
$0 $0 $0
RICHARD W BELL JR TRUSTEE 2.00
Director
$0 $0 $0
WALTER L EVANS TRUSTEE 2.00
Director
$0 $0 $0
MARLENE E HALL TRUSTEE 2.00
Director
$0 $0 $0
FRANCIS MELROY TRUSTEE 2.00
Director
$0 $0 $0
DIANE SYMCAK TRUSTEE 2.00
Director
$0 $0 $0
JEREMY M VICKERS CHIEF EXECUTIVE OFFICER 40.00
Officer
$351,690 $70,865 $422,555
JAMES D'AMICO MEDICAL DIRECTOR 40.00
Key Emp
$270,667 $12,099 $282,766
ABBY M LOFTUS CHIEF FINANCIAL OFFICER 40.00
Key Emp
$207,479 $17,150 $224,629
JEFFERY RANALLI PHYSICIAN 40.00
Highest
$226,416 $10,329 $236,745
LISA A HEINKEL HEALTH SERVICES DIRECTOR 40.00
Highest
$149,641 $7,046 $156,687
TERRY FAZIO NURSE PRACTITIONER 40.00
Highest
$132,671 $20,313 $152,984
RUSSELL W PEPE INFORMATION TECHNOLOGY MANAGER 40.00
Highest
$126,981 $17,159 $144,140
JENNIFER ZDUNCZYK DIRECTOR OF DINING SERVICES 40.00
Highest
$120,059 $13,533 $133,592
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
2025 No data No data No data No data
2024 $35,382,227 $35,555,970 $159,557,001 $-173,743
2023 $32,538,124 $34,522,579 $138,459,326 $-1,984,455
2022 $49,548,605 $33,254,952 $142,473,142 $16,293,653
2021 $34,290,143 $33,231,388 $141,992,172 $1,058,755
2020 $37,234,052 $33,785,225 $122,826,246 $3,448,827
2019 $35,294,044 $33,164,096 $123,557,056 $2,129,948
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