MIAMI JEWISH HEALTH SYSTEMS INC

EIN: 590624414 501(c)(3) Human Services

MIAMI, FL

Total Revenue
$87,993,347
Total Expenses
$104,413,169
Total Assets
$94,438,328
Net Assets
$-60,980,990
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Financial Trends

Organization Details

Formation Year
1940
Legal Domicile
FL
Principal Officer
JEFFREY FREIMARK
Phone
3057518626
Tax Period
2023-07-01 to 2024-06-30

MIAMI JEWISH HEALTH SYSTEMS INC, founded in 1940, is a mid-sized nonprofit in the Human Services sector that reported $88.0M in total revenue in fiscal year 2023. Expenses of $104.4M exceeded revenue, resulting in a 19% operating deficit.

Mission

MIAMI JEWISH HEALTH SYSTEMS, INC. WAS INCORPORATED TO PROVIDE SHELTER FOR THE ELDERLY AND DEVELOP SOCIAL & HEALTH PROGRAMS RELATING TO THEIR CARE. IN ADDITION, RESEARCH & EDUCATIONAL PROGRAMS ARE CONDUCTED FOR THE ELDERLY TO ENHANCE THEIR ABILITY TO REMAIN INDEPENDENT AND ACTIVE.

Program Service Accomplishments

Program 1
Expenses: $88,784,501 Revenue: $83,340,577

MIAMI JEWISH HEALTH SYSTEMS, INC. (MJHS) PROVIDES SKILLED NURSING, LONG-TERM CARE, RESIDENTIAL AND COMMUNITY-BASED SERVICES TO THE ELDERLY AND OTHERS WHO WOULD BENEFIT. SINCE ITS INCEPTION, THE...

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MIAMI JEWISH HEALTH SYSTEMS, INC. (MJHS) PROVIDES SKILLED NURSING, LONG-TERM CARE, RESIDENTIAL AND COMMUNITY-BASED SERVICES TO THE ELDERLY AND OTHERS WHO WOULD BENEFIT. SINCE ITS INCEPTION, THE ORGANIZATION HAS EXPANDED TO INCLUDE A NUMBER OF AFFILIATED ENTITIES, ORGANIZED TO PROVIDE AN ARRAY OF ADDITIONAL PROGRAMS, SUCH AS ASSISTIVE HOUSING, OUTPATIENT SERVICES, AND COMMUNITY-BASED PROGRAMS. THESE PROGRAMS OFFER ALTERNATIVES TO INSTITUTIONALIZATION, AS WELL AS RESEARCH, EDUCATION, AND TRAINING IN AREAS PRIMARILY FOCUSED ON CARE FOR THE ELDERLY. ACROSS ALL PROGRAMS, THERE WERE 109,703 PATIENT DAYS IN THE CURRENT YEAR.SEE SCHEDULE O FOR ADDITIONAL INFORMATION.HEALTHCARE - MIAMI JEWISH HEATH SYSTEMS, INC. IS A 494-BED FACILITY PROVIDING A FULL RANGE OF HEALTHCARE SERVICES TO THE ELDERLY. THESE INCLUDE ITS 462-BED NURSING HOME, WHICH PROVIDES LONG-TERM RESIDENTIAL CARE AND SKILLED NURSING CARE FOR OLDER ADULTS WITH CHRONIC ILLNESSES. THE FACILITY ALSO PROVIDES SHORT-TERM REHABILITATION SERVIES FOR MEDICARE BENEFICIARIES RECOVERING FROM SURGERY, STROKE, ETC. AND A 32-BED GERIATRIC MEDICAL SPECIALTY HOSPITAL, WHICH PROVIDES ACUTE CARE FOR THE ELDERLY. IN ADDITION, THE FACILITY'S AMBULATORY HEALTH CENTERS PROVIDE OUTPATIENT HEALTH SERVICES AND SUB-SPECIALTY SERVICES DELIVERED BY PHYSICIANS AND HEALTH PRACTITIONERS SPECIALIZING IN GERIATRIC HEALTHCARE, MENTAL HEALTH, PAIN MANAGEMENT, AND PSYCHIATRY.RESIDENTIAL CARE - MIAMI JEWISH HEALTH SYSTEMS, INC. PROVIDES TWO LEVELS OF ADULT LIVING FACILITIES THE FIRST IS A LICENSED 98-APARTMENT ADULT CONGREGATE LIVING FACILITY, WHICH PROVIDES MODERATE HOUSING DESIGNED FOR THE FRAIL, BUT INDEPENDENT ELDERLY. ITS TENANTS ARE OFFERED TRANSPORTATION AND CULTURAL/SOCIAL AMENITIES. THE OTHER FACILITY IS A LICENSED 92-APARTMENT ASSISTED LIVING FACILITY, WHICH PROVIDES PHYSICAL, MENTAL, AND SOCIAL ACTIVITIES, AS WELL AS DIRECT CARE ASSISTANCE AND NURSING SUPERVISION.CASE MANAGEMENT/DAY CARE - MIAMI JEWISH HEALTH SYSTEMS, INC. OPERATES A STATE SPONSORED PROGRAM IN WHICH CASE MANAGERS COORDINATE IN-HOME ASSISTANCE SUCH AS PERSONAL CARE, MEALS, ADULT DAY CARE, AND MEDICAL SUPPLIES. THE PROGRAM SERVES PEOPLE LIVING IN MIAMI-DADE OR BROWARD COUNTIES, AGE 60 OR OLDER, WHO ARE ELIGIBLE FOR CARE IN A NURSING HOME AS REQUIRED BY MEDICAID. MIAMI JEWISH HEALTH SYSTEMS OPERATES THE PROJECT ON BEHALF OF THE STATE OF FLORIDA'S AGENCY FOR HEALTHCARE ADMINISTRATION AND THE DEPARTMENT OF ELDER AFFAIRS.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $3,896,935
Program Service Revenue $83,340,577
Investment Income $230,222
Other Revenue $525,613
TOTAL REVENUE $87,993,347

Expense Breakdown

Grants Paid $0
Salaries & Benefits $51,720,229
Fundraising Expenses $0
Program Expenses $88,784,501
Other Expenses $52,692,940
TOTAL EXPENSES $104,413,169

Year-over-Year Comparison

2023 2022 Change
Revenue $87,993,347 $83,297,006 +0.1%
Expenses $104,413,169 $95,892,780 +0.1%
Net Income $-16,419,822 $-12,595,774 +0.3%
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
11
Independent Members
10
Employees
826
Volunteers
10

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
$2,037,634
Total Directors
11
$1,550,478
Key Employees
7
$2,530,330
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFREY FREIMARK PRESIDENT/CEO 27.00
Officer Director
$1,507,278 $43,200 $1,550,478
JOHN RICHARD CHAIR 1.00
Officer Director
$0 $0 $0
RONALD FIELDSTONE VICE CHAIR 1.00
Officer Director
$0 $0 $0
SUSAN R BAKER MD DIRECTOR 1.00
Director
$0 $0 $0
ELLEN BROWN EDD DIRECTOR 1.00
Director
$0 $0 $0
WAYNE A CYPEN DIRECTOR 1.00
Director
$0 $0 $0
RICARDO GARBATI DIRECTOR 1.00
Director
$0 $0 $0
PATRICK F MARTIN DIRECTOR 1.00
Director
$0 $0 $0
JEFFREY RITTENBERG DIRECTOR 1.00
Director
$0 $0 $0
JAY SOLOWSKY DIRECTOR 1.00
Director
$0 $0 $0
ARTHUR UNGER DIRECTOR 1.00
Director
$0 $0 $0
MICHAEL DURR TREASURER 40.00
Officer
$366,145 $25,915 $392,060
LESLIE TORRES SECRETARY 30.00
Officer
$95,096 $0 $95,096
ALAN GOLDSMITH EVP CFO COO 40.00
Key Emp
$453,075 $39,919 $492,994
SHAUN CORBETT CHIEF MEDICAL OFFICER 40.00
Key Emp
$428,137 $18,348 $446,485
MARC AGRONIN CHIEF MEDICAL OFFICER 40.00
Key Emp
$394,328 $24,057 $418,385
DANA KULVIN CHIEF BUSINESS STRATEGIST 40.00
Key Emp
$370,868 $13,200 $384,068
BERNARDO LARRALDE CHIEF TECHNOLOGY OFFICER 40.00
Key Emp
$255,294 $27,896 $283,190
JASON PINCUS VP NURSING HOME ADMINISTRA 40.00
Key Emp
$245,243 $30,498 $275,741
LEAH BRODERICK CHIEF SALES & MARKETING OF 40.00
Key Emp
$202,663 $26,804 $229,467
ALISON GREWE CDO PRESIDENT & CEO MJHSF 1.00
Highest
$244,907 $9,418 $254,325
JOSEPH SHINI AVP CLINICAL SERVICES 40.00
Highest
$204,671 $25,860 $230,531
ROBERT PURCELL EXECUTIVE DIRECTOR 40.00
Highest
$185,843 $9,931 $195,774
JENNIFER RAY EXECUTIVE DIRECTOR 40.00
Highest
$180,130 $4,030 $184,160
CLIFF BAUER VP GOVERNMENT RELATIONS AND JOINT VENTURES 40.00
Highest
$168,510 $0 $168,510
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 No data No data No data No data
2024 $87,993,347 $104,413,169 $94,438,328 $-16,419,822
2023 $83,297,006 $95,892,780 $92,593,339 $-12,595,774
2022 $74,726,770 $89,706,238 $95,823,438 $-14,979,468
2021 $101,998,643 $103,734,764 $106,159,073 $-1,736,121
2020 $95,541,241 $110,551,509 $91,015,655 $-15,010,268
2019 $64,474,562 $93,544,392 $105,087,102 $-29,069,830
2018 $87,816,324 $92,408,412 $102,052,714 $-4,592,088
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