CARING HEART REHABILITATION AND NURSING CENTER INC

EIN: 264320480 501(c)(3) Health Care

PHILADELPHIA, PA

Total Revenue
$30,459,175
Total Expenses
$33,428,119
Total Assets
$38,796,122
Net Assets
$903,729
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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
2009
Legal Domicile
PA
Principal Officer
ARNOLD HEINEMANN
Phone
2154385268
Tax Period
2024-07-01 to 2025-06-30

CARING HEART REHABILITATION AND NURSING CENTER INC, founded in 2009, is a mid-sized nonprofit in the Health Care sector that reported $30.5M in total revenue in fiscal year 2024.

Mission

TO OWN AND OPERATE HEALTH CARE, SKILLED NURSING AND REHABILITATION; TO PROVIDE CARE AND SERVICE TO THE ELDERLY AND INFIRM REQUIRING VARIOUS DEGREES OF ASSISTANCE AND CARE. TO ALSO PROVIDE OR ARRANGE FOR THE PROVISION OF, ASSISTANCE AND CARE AS NEEDED BY THE INDIVIDUAL.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $30,424,089
Investment Income $35,086
Other Revenue $0
TOTAL REVENUE $30,459,175

Expense Breakdown

Grants Paid $0
Salaries & Benefits $19,056,570
Fundraising Expenses $0
Program Expenses $29,637,007
Other Expenses $14,371,549
TOTAL EXPENSES $33,428,119

Year-over-Year Comparison

2024 2023 Change
Revenue $30,459,175 $30,141,355 +0.0%
Expenses $33,428,119 $30,320,840 +0.1%
Net Income $-2,968,944 $-179,485 +15.5%
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

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Governance

Voting Members
4
Independent Members
4
Employees
659
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
1
$0
Total Directors
4
$0
Key Employees
1
$235,000
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JAY BERGER ADMINISTRATO 40.00
Key Emp
$235,000 $0 $235,000
SIMCHA WERNER ADMINISTRATO 40.00
Highest
$235,000 $0 $235,000
RASHA ODEH CASE MGR 40.00
Highest
$175,000 $0 $175,000
KEVIN T LOFTON DON SUPERVIS 40.00
Highest
$174,000 $0 $174,000
SARAH HOOD ADON 40.00
Highest
$145,600 $0 $145,600
MENDEL FISCHMAN DIRECTOR 4.00
Director
$0 $0 $0
JONATHAN GROSS DIRECTOR 1.00
Director
$0 $0 $0
ARNOLD HEINEMANN PRESIDENT 1.00
Officer Director
$0 $0 $0
RONALD OSTROFF DIRECTOR 0.10
Director
$0 $0 $0
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 $30,459,175 $33,428,119 $38,796,122 $-2,968,944
2024 No data No data No data No data
2023 $29,753,484 $28,548,181 $45,278,417 $1,205,303
2022 $35,356,731 $27,576,337 $45,055,565 $7,780,394
2021 $27,025,905 $26,847,924 $42,053,322 $177,981
2020 $26,859,894 $27,380,556 $41,417,280 $-520,662
2019 $26,002,370 $25,657,784 $35,940,829 $344,586
2019 $26,002,370 $25,657,784 $35,940,829 $344,586
2018 $26,099,390 $27,426,841 $37,593,980 $-1,327,451
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