Jewish Home of Cincinnati Inc

EIN: 311345871 501(c)(3) Health Care

Cincinnati, OH

Total Revenue
$1,676,951
Total Expenses
$1,390,224
Total Assets
$35,192,886
Net Assets
$34,948,428
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1997
Legal Domicile
OH
Phone
5137663359
Tax Period
2023-01-01 to 2023-12-31

Jewish Home of Cincinnati Inc, founded in 1997, is a community nonprofit in the Health Care sector that reported $1.7M in total revenue in fiscal year 2023. Revenue surged 163% from the prior year, signaling strong growth momentum. The organization ran a surplus of $287K, a strong 17% operating margin.

Mission

Form 990, Part I, Line 1 - Organization Mission or Significant ActivitiesJewish Home of Cincinnati, Inc. exists to support Greater Cincinnati JewishSeniors by investing in innovative services and programs that will allow them to feel they have connected, fulfilled lives. We provide funds to nonprofits for projects aligning with focus areas including:Reducing Social IsolationSupporting CaregiversIntergenerational ConnectionsFood Insecurity and/or Access to Kosher FoodAffordable HousingTransportationHealth and WellnessJewish Home of Cincinnati, Inc. is a key component of the Jewish community'scommitment to address the needs of older Jewish adults.In 2022, our Board of Directors and Governance Committee determined that it was in the best interest of Jewish Home of Cincinnati, Inc. to approve the merger of our supporting organization, Cedar Village Foundation, to merge with and into Jewish Home of Cincinnati, Inc. The merger was completed on 12/31/2022.

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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 $19,240
Program Service Revenue $0
Investment Income $1,657,711
Other Revenue $0
TOTAL REVENUE $1,676,951

Expense Breakdown

Grants Paid $681,104
Salaries & Benefits $123,515
Fundraising Expenses $128,879
Program Expenses $1,127,591
Other Expenses $585,605
TOTAL EXPENSES $1,390,224

Year-over-Year Comparison

2023 2022 Change
Revenue $1,676,951 $637,819 +1.6%
Expenses $1,390,224 $603,941 +1.3%
Net Income $286,727 $33,878 +7.5%
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

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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
23
Independent Members
23
Employees
1
Volunteers
27

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
$112,769
Total Directors
24
$112,769
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Nina Perlove Executive Dir. 40.00
Officer Director
$112,769 $0 $112,769
Patti Heldman Past Chairman 3.00
Officer Director
$0 $0 $0
Phyllis Jackson Board Member 1.00
Director
$0 $0 $0
Ernesto Levy Secretary 5.00
Officer Director
$0 $0 $0
Gary Blachman Past Chair 5.00
Director
$0 $0 $0
Fran Coleman Board Member 1.00
Director
$0 $0 $0
Josh Harkavy Board Member 1.00
Director
$0 $0 $0
Elliot Polsky Board Member 1.00
Director
$0 $0 $0
Bob Applebaum Board Member 1.00
Director
$0 $0 $0
Bill Freedman Board Member 2.00
Director
$0 $0 $0
Beth Guttman Treasurer 2.00
Officer Director
$0 $0 $0
Mark Kanter Board Member 1.00
Director
$0 $0 $0
Alan Eichner Board Member 2.00
Director
$0 $0 $0
Tovah Kirschner Board Member 1.00
Director
$0 $0 $0
Sally Korkin Board Member 1.00
Director
$0 $0 $0
Dr Jeanne Schmerler Board Member 1.00
Director
$0 $0 $0
Merrie Stillpass Board Member 1.00
Director
$0 $0 $0
Dr Jeffrey Zipkin MD Board Member 1.00
Director
$0 $0 $0
Jan Frankel Chairman 3.00
Officer Director
$0 $0 $0
Chad Levin Secretary 1.00
Director
$0 $0 $0
Vallie Freeman Board Member 1.00
Director
$0 $0 $0
John Silverman Board Member 1.00
Director
$0 $0 $0
Barb Reed Board Member 1.00
Director
$0 $0 $0
Bob Brant Board Member 1.00
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
2023 $1,676,951 $1,390,224 $35,192,886 $286,727
2022 $637,819 $603,941 $31,973,239 $33,878
2021 $1,682,169 $533,936 $15,351,731 $1,148,233
2020 $541,647 $345,651 $14,197,048 $195,996
2019 $774,722 $1,279,742 $12,456,478 $-505,020
2018 $12,247,662 $11,617,126 $11,413,326 $630,536
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