THE VILLA AT FLORHAM PARK INC

EIN: 475324404 501(c)(3)

BURLINGTON, NJ

Total Revenue
N/A
Total Expenses
N/A
Total Assets
N/A
Net Assets
N/A
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2015
Legal Domicile
NJ
Principal Officer
COLLEEN P FRANKENFIELD
Phone
6093867171
Tax Period
2024-01-01 to 2024-12-31

Mission

THROUGH THE POWER OF THE HOLY SPIRIT AND IN RESPONSE TO GOD'S LOVE AS REVEALED IN THE GOSPEL, THE MISSION OF LUTHERAN SOCIAL MINISTRIES OF NJ IS TO SERVE THOSE WHO HURT, WHO ARE IN NEED, OR WHO HAVE LIMITED CHOICES THROUGH AN ARRAY OF HEALTH CARE AND SOCIAL SERVICES IN NJ.

Program Service Accomplishments

Program 1
Expenses: $0 Revenue: $0

THE VILLA AT FLORHAM PARK OPERATED A SKILLED NURSING AND ASSISTED LIVING FACILITY FOR ELDERLY RESIDENTS IN A FACILITY LICENSED FOR 56 SKILLED NURSING, 21 ASSISTED LIVING BEDS, AND 27 COMPREHENSIVE...

Read more

THE VILLA AT FLORHAM PARK OPERATED A SKILLED NURSING AND ASSISTED LIVING FACILITY FOR ELDERLY RESIDENTS IN A FACILITY LICENSED FOR 56 SKILLED NURSING, 21 ASSISTED LIVING BEDS, AND 27 COMPREHENSIVE PERSONAL CARE UNITS. IT ALSO MADE AVAILABLE SHORT-TERM REHABILITATION TO ITS OWN RESIDENTS AS WELL AS THOSE IN THE COMMUNITY. CENSUS AT THE VILLA WAS LOWER DURING 2020 DUE TO THE COVID-19 PANDEMIC AND A SHORTAGE OF STAFF. AS A RESULT, MANAGEMENT MADE THE DECISION TO CLOSE THE FACILITY DURING 2021, AND THE FINAL RESIDENT WAS DISCHARGED ON JUNE 10, 2021. ON APRIL 27, 2023, THE VILLA WAS SOLD TO AN INDEPENDENT THIRD PARTY AND OFFICIALLY DISSOLVED IN 2024.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2024 2023 Change
Revenue N/A $17,323 -1.0%
Expenses N/A $561,515 -1.0%
Net Income N/A $-544,192 N/A
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

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

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
7
$1,697,463
Total Directors
12
$891,854
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
COLLEEN P FRANKENFIELD PRESIDENT & CEO 1.50
Officer Director
$0 $67,990 $891,854
BRAD HILDEBRANDT CHAIR 0.50
Officer Director
$0 $0 $0
KENNETH VAN DONGEN VICE CHAIR 0.50
Officer Director
$0 $0 $0
EDWARD P NOBLE TREASURER 0.50
Officer Director
$0 $0 $0
JUHAN RUNNE SECRETARY 0.50
Officer Director
$0 $0 $0
REV TRACIE BARTHOLOMEW TRUSTEE 0.50
Director
$0 $0 $0
MARGARET DEVERELL TRUSTEE 0.50
Director
$0 $0 $0
REV STEPHEN GEWECKE TRUSTEE 0.50
Director
$0 $0 $0
RAFAEL HACISKI TRUSTEE 0.50
Director
$0 $0 $0
TERRY SHINE TRUSTEE 0.50
Director
$0 $0 $0
REV DR ANTHONY STEINBRONN TRUSTEE 0.50
Director
$0 $0 $0
KATE STUTZEL TRUSTEE 0.50
Director
$0 $0 $0
JEANNINE RICHMAN SR. VICE PRESIDENT & CFO 1.50
Officer
$0 $36,853 $370,833
SHERRY OUTTEN SR. VICE PRESIDENT & COO 1.50
Officer
$0 $45,865 $434,776
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 $17,323 $561,515 $330,247 $-544,192
2022 $320,633 $1,387,141 $13,719,220 $-1,066,508
2021 $3,176,085 $4,687,251 $15,082,850 $-1,511,166
2020 $7,169,886 $9,726,972 $15,674,828 $-2,557,086
2019 $8,902,119 $9,530,995 $16,488,319 $-628,876
2018 $8,821,578 $9,356,858 $17,127,910 $-535,280
Explore More Nonprofits
Top 100 Nonprofits in New Jersey Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare THE VILLA AT FLORHAM PARK INC with other nonprofits in New Jersey and across the country.