JEWISH HOME LIFECARE HARRY AND JEA… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1968

Legal Domicile

Principal Officer

JEFFREY FARBER MD

Phone

7185790500

Tax Period

2023-01-01 to 2023-12-31

JEWISH HOME LIFECARE HARRY AND JEANETTE WEINBERG CAMPUS BRONX, founded in 1968, is a small nonprofit in the Health Care sector that reported $845K in total revenue in fiscal year 2023. Revenue surged 582% from the prior year, signaling strong growth momentum. Expenses of $1.0M exceeded revenue, resulting in a 21% operating deficit.

Mission

OUR MISSION IS TO EMPOWER OLDER ADULTS TO ENHANCE PURPOSE AND WELL-BEING THROUGH A PORTFOLIO OF INNOVATIVE HEALTH CARE SERVICES.

Program Service Accomplishments

Program 1

Expenses: $1,023,612

LOCATED ON KINGDSBRIDGE ROAD, THE NEW JEWISH HOME, HARRY AND JEANETTE WEINBERG CAMPUS, BRONX WAS A 714 BED LONG TERM CARE AND REHABILITATION FACILITY OFFERING ALZHERIMER'S/DEMENTIA SPECIAL CARE...

LOCATED ON KINGDSBRIDGE ROAD, THE NEW JEWISH HOME, HARRY AND JEANETTE WEINBERG CAMPUS, BRONX WAS A 714 BED LONG TERM CARE AND REHABILITATION FACILITY OFFERING ALZHERIMER'S/DEMENTIA SPECIAL CARE COMMUNITIES INCLUDING THE NORMA AND JOSEPH SAUL ALZHEIMER'S DISEASE COMMUNITY, ADULT DAY HEALTHCARE PROGRAMS, SENIOR HOUSING, SOCIAL SERVICES, GERIATRIC SUBSTANCE ABUSE RECOVERY PROGRAM, RELIGIOUS LIFE AND PASTORAL CARE PROGRAMS, PALLIATIVE CARE, IN-HOUSE HEMODIALYSIS, AND THE SWALLOWING CENTER. THE BOARD OF THE NEW JEWISH HOME, HARRY AND JEANETTE WEIBERG CAMPUS, BRONX DECIDED TO SELL THE NURSING HOME AND SENT AN RFP TO VARIOUS ORGANIZATIONS INCLUDING NOT-FOR-PROFIT AND FOR PROFIT OPERATORS AND THE SALE TOOK PLACE ON SEPTEMBER 21, 2016.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $715,766

Program Service Revenue $0

Investment Income $55

Other Revenue $129,196

TOTAL REVENUE $845,017

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $1,023,612

Other Expenses $1,023,612

TOTAL EXPENSES $1,023,612

Year-over-Year Comparison

	2023	2022	Change
Revenue	$845,017	$123,987	+5.8%
Expenses	$1,023,612	$3,603,210	-0.7%
Net Income	$-178,595	$-3,479,223	-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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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

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

$1,810,340

Total Directors

$1,212,894

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
ALAN ALTSCHULER	TREASURER	0.20	Officer Director	$0	$0	$0
ARAN RON MD	DIRECTOR	0.20	Director	$0	$0	$0
BRUCE EVANS	DIRECTOR	0.20	Director	$0	$0	$0
DANIEL BERNSTEIN	DIRECTOR	0.20	Director	$0	$0	$0
DAVID FREEMAN	DIRECTOR	0.20	Director	$0	$0	$0
DAVID ORELOWITZ	DIRECTOR	0.20	Director	$0	$0	$0
ELIZABETH PAGEL SEREBRANSKY	DIRECTOR	0.20	Director	$0	$0	$0
GINGI PICA	DIRECTOR	0.20	Director	$0	$0	$0
JAMES CALDWELL	DIRECTOR	0.20	Director	$0	$0	$0
JEFFREY I FARBER MD	PRESIDENT AND CEO	0.20	Officer Director	$0	$61,538	$1,212,894
JILL OBERLANDER	DIRECTOR	0.20	Director	$0	$0	$0
JONATHAN HOCHBERG	DIRECTOR	0.20	Director	$0	$0	$0
LISA FEINER	DIRECTOR	0.20	Director	$0	$0	$0
LISA LIPPMAN	DIRECTOR	0.20	Director	$0	$0	$0
LYNN OBERLANDER	SECRETARY	0.20	Officer Director	$0	$0	$0
MARGOT FREEDMAN	DIRECTOR	0.20	Director	$0	$0	$0
MICHAEL LUSKIN	DIRECTOR	0.20	Director	$0	$0	$0
MICHAEL OLSHAN	DIRECTOR	0.20	Director	$0	$0	$0
PETER HESS	DIRECTOR	0.20	Director	$0	$0	$0
SOFIA SEGAL	DIRECTOR	0.20	Director	$0	$0	$0
TAMI J SCHNEIDER	DIRECTOR	0.20	Director	$0	$0	$0
TOM JAVITS	DIRECTOR	0.20	Director	$0	$0	$0
WALTER PRIMOFF	DIRECTOR	0.20	Director	$0	$0	$0
WILLIAM BLUMSTEIN	CHAIR	0.20	Officer Director	$0	$0	$0
WILLIAM KLINGSTEIN	DIRECTOR	0.20	Director	$0	$0	$0
WILLIAM KUMMEL	DIRECTOR	0.20	Director	$0	$0	$0
MARK WEISS	CFO	0.20	Officer	$0	$22,692	$597,446

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	$845,017	$1,023,612	$5,972,614	$-178,595
2022	$123,987	$3,603,210	$6,248,260	$-3,479,223
2021	$1,078,369	$5,253,045	$9,758,811	$-4,174,676
2020	$3,329,141	$4,288,546	$14,810,797	$-959,405
2019	$5,150,487	$5,715,687	$15,143,924	$-565,200
2018	$6,924,018	$5,343,569	$16,042,661	$1,580,449

JEWISH HOME LIFECARE HARRY AND JEANETTE WEINBERG CAMPUS BRONX