EDWARD A MYERBERG SENIOR CENTER INC

EIN: 521047511 501(c)(3)

BALTIMORE, MD

Total Revenue
$1,921,943
Total Expenses
$1,568,145
Total Assets
$2,599,260
Net Assets
$1,568,929
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1976
Legal Domicile
MD
Principal Officer
INBAL NEUN
Phone
4103586856
Tax Period
2024-07-01 to 2025-06-30

EDWARD A MYERBERG SENIOR CENTER INC, founded in 1976, is a community nonprofit that reported $1.9M in total revenue in fiscal year 2024. Revenue surged 50% from the prior year, signaling strong growth momentum. The organization ran a surplus of $354K, a strong 18% operating margin.

Mission

TO INSPIRE HEALTHY AGING THROUGH WELLNESS, CREATIVITY, AND CONNECTION. WE ARE AN INNOVATIVE HUB OF ACTIVITY THAT OFFERS COMPELLING PROGRAMS IN A WARM AND WELCOMING ENVIRONMENT.

Program Service Accomplishments

Program 1
Expenses: $1,186,822 Revenue: $308,239

THE EDWARD A. MYERBERG CENTER ENGAGES OLDER ADULTS IN FITNESS & WELLNESS, THE ARTS, HUMANITIES, TECHNOLOGY, AND SOCIAL PROGRAMS. WITH A VARIETY OF OFFERINGS FOR MEMBERS OF ALL SKILLS, THE MYERBERG...

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THE EDWARD A. MYERBERG CENTER ENGAGES OLDER ADULTS IN FITNESS & WELLNESS, THE ARTS, HUMANITIES, TECHNOLOGY, AND SOCIAL PROGRAMS. WITH A VARIETY OF OFFERINGS FOR MEMBERS OF ALL SKILLS, THE MYERBERG CENTER PROVIDES OVER 60 WEEKLY PROGRAMS. THE CENTER OFFERS ONE TO ONE PERSONAL TRAINING AND GROUP EXERCISE CLASSES IN A SAFE AND ENCOURAGING ATMOSPHERE WHERE SENIORS CAN REMAIN FIT AND INDEPENDENT. THE CENTER ALSO PROVIDES LIVE AND RECORDED VIRTUAL PROGRAMS AND SUPPORT GROUPS IN SUPPORT OF HOMEBOUND SENIORS AND CAREGIVERS.FITNESS CLASSES ARE AN IMPORTANT COMPONENT OF MAINTAINING HEALTH AND WELLNESS. WITH A VARIETY OF OFFERINGS, FOR MEMBERS OF ALL SKILLS, THE MYERBERG CENTER'S CLASSES ARE DESIGNED FOR OLDER ADULTS. LED BY HIGHLY EXPERIENCED TRAINERS AND PROFESSIONALS, AND RANGING FROM CARDIO AND STRENGTH TRAINING TO MIND-BODY, THE CENTER OFFERS 25 FITNESS CLASSES PER TRIMESTER. THE MYERBERG CENTER OFFERS ONE TO ONE PERSONAL TRAINING, AS WELL AS SMALL GROUP PERSONAL TRAINING. A FITNESS CENTER CAN BE AN INTIMIDATING PLACE FOR OLDER ADULTS. THE RELATIONSHIP BETWEEN A PERSONAL TRAINER AND CLIENT CAN HELP MAKE A PERSON FEEL MORE COMFORTABLE IN THE FITNESS CENTER, REDUCE THE RISK OF INJURY, AND ASSIST MEMBERS IN REACHING THEIR PERSONAL GOALS. THERE IS A STRONG FOCUS IN ALL PERSONAL TRAINING SESSIONS ON BALANCE, STRENGTH AND FLEXIBILITY, WHICH ENABLE INDIVIDUALS TO LIVE INDEPENDENTLY.THE MYERBERG CENTER OFFERS 12 FINE ART CLASSES PER TRIMESTER. ART CLASSES ENABLE OLDER ADULTS TO EXPLORE THEIR CREATIVITY. THESE CLASSES BECOME SOCIAL SUPPORT NETWORKS, AS MEMBERS AND GUESTS BOND AND FORM RELATIONSHIPS, WHILE CREATING BEAUTIFUL WORKS OF ART. IT HAS BEEN DOCUMENTED THAT ENGAGEMENT AND BUILDING SOCIAL NETWORKS IS CRITICAL IN ASSISTING OLDER ADULTS TO AGE IN PLACE.THE MYERBERG CENTER ALSO OFFERS 12 HUMANITIES CLASSES PER TRIMESTER. THESE HIGH-LEVEL EDUCATIONAL PROGRAMS ARE LED BY COLLEGE PROFESSORS, RABBIS, HISTORIANS, AND EXPERIENCED PROFESSIONALS. CLASS SUBJECTS INCLUDE LITERATURE, HISTORY, SOCIOLOGY, AND SCIENCE.THE MYERBERG CENTER IS HOME TO THE ONLY TECH-KNOWLEDGE HUB IN MARYLAND. IT WAS DESIGNED TO EDUCATE AND EMPOWER OLDER ADULTS TO EMBRACE TECHNOLOGY IN A SUPPORTIVE, ACCEPTING ENVIRONMENT. A TECHNOLOGY CONCIERGE IS AVAILABLE MONDAY THROUGH THURSDAY FOR CLASSES AND ONE TO ONE INSTRUCTION.

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Trantor Score

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,494,809
Program Service Revenue $308,239
Investment Income $8,484
Other Revenue $110,411
TOTAL REVENUE $1,921,943

Expense Breakdown

Grants Paid $0
Salaries & Benefits $775,794
Fundraising Expenses $66,202
Program Expenses $1,186,822
Other Expenses $792,351
TOTAL EXPENSES $1,568,145

Year-over-Year Comparison

2024 2023 Change
Revenue $1,921,943 $1,277,609 +0.5%
Expenses $1,568,145 $1,449,585 +0.1%
Net Income $353,798 $-171,976 -3.1%
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
7
Independent Members
5
Employees
N/A
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
4
$280,444
Total Directors
10
$682,515
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ESTHER WEINER DIRECTOR 1.00
Officer Director
$0 $0 $0
HOWARD SOLLINS DIRECTOR 1.00
Director
$0 $0 $0
INBAL NEUN CENTER DIRECTOR 40.00
Director
$0 $10,624 $101,473
JENNIFER OSTERWEIL DIRECTOR OF PROGRAMMING 40.00
Director
$0 $3,092 $80,367
JESSICA MONAGHAN DIRECTOR OF OPERATIONS 40.00
Director
$0 $15,564 $77,335
JILL SPECTOR PRESIDENT 1.00
Officer Director
$0 $0 $0
KARI GORKOS DIRECTOR 1.00
Director
$0 $5,500 $142,896
LISA BUDLOW DIRECTOR 1.00
Officer Director
$0 $10,763 $280,444
MARK PRESSMAN TREASURER 1.00
Director
$0 $0 $0
PETER BURSTEIN VICE PRESIDENT 1.00
Officer 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 $1,921,943 $1,568,145 $2,599,260 $353,798
2024 $1,277,609 $1,449,585 $1,929,284 $-171,976
2023 $1,092,246 $1,430,655 $1,574,890 $-338,409
2022 $1,127,317 $1,351,035 $1,792,626 $-223,718
2021 $1,516,085 $1,126,538 $2,147,647 $389,547
2020 $1,213,973 $1,281,734 $1,804,375 $-67,761
2019 $1,596,236 $1,255,649 $1,799,804 $340,587
2018 $993,610 $1,086,707 $1,891,662 $-93,097
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