Elderserve Health Inc

EIN: 800517818 501(c)(3) Health Care

BRONX, NY

Total Revenue
$1,134,251,357
Total Expenses
$1,124,610,958
Total Assets
$218,879,431
Net Assets
$71,510,671
🔒

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
2009
Phone
7185811000
Tax Period
2023-01-01 to 2023-12-31

Elderserve Health Inc, founded in 2009, is a large national nonprofit in the Health Care sector that reported $1.1B in total revenue in fiscal year 2023. Revenue grew 14% year-over-year, indicating healthy expansion.

Mission

MANAGED LONG TERM CARE FOR FRAIL, ELDERLY, AND DISABLED INDIVIDUALS.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,132,178,169
Investment Income $2,073,188
Other Revenue $0
TOTAL REVENUE $1,134,251,357

Expense Breakdown

Grants Paid $0
Salaries & Benefits $52,867,028
Fundraising Expenses $0
Program Expenses $1,070,195,360
Other Expenses $1,071,743,930
TOTAL EXPENSES $1,124,610,958

Year-over-Year Comparison

2023 2022 Change
Revenue $1,134,251,357 $997,992,527 +0.1%
Expenses $1,124,610,958 $1,046,826,924 +0.1%
Net Income $9,640,399 $-48,834,397 -1.2%
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
14
Independent Members
14
Employees
435
Volunteers
14

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
$4,295,393
Total Directors
18
$0
Key Employees
2
$809,827
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A VICE CHAIR 1.0
Officer Director
$0 $0 $0
N/A CHAIR 1.0
Officer Director
$0 $0 $0
N/A SECRETARY & TREASURER 1.0
Officer Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A Trustee 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A TRUSTEE 1.0
Director
$0 $0 $0
N/A Interim CFO 5.0
Officer
$0 $60,643 $379,872
N/A PRESIDENT 1.0
Officer
$0 $65,382 $2,065,154
N/A CHIEF OPERATING OFFICER 25.0
Officer
$0 $32,203 $943,821
N/A CEO/EXECUTIVE VP 35.0
Officer
$869,328 $37,218 $906,546
N/A SR. VP OF REGULATORY AFFAIRS 35.0
Key Emp
$426,766 $35,766 $462,532
N/A SR. VP OF CLINICAL OPERATIONS 35.0
Key Emp
$303,880 $43,415 $347,295
N/A VP OF Outreach 35.0
Highest
$290,066 $34,619 $324,685
N/A VP OF CLINICAL OPERATIONS 35.0
Highest
$281,045 $58,868 $339,913
N/A Sr. VP OF FINANCE 35.0
Highest
$376,304 $2,967 $379,271
N/A SENIOR VP OF QUALITY 35.0
Highest
$295,562 $18,414 $313,976
N/A Medical Director 35.0
Highest
$372,443 $40,622 $413,065
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 $1,134,251,357 $1,124,610,958 $218,879,431 $9,640,399
2022 $997,992,527 $1,046,826,924 $216,086,323 $-48,834,397
2021 $957,027,070 $948,213,531 $276,950,489 $8,813,539
2020 $959,839,360 $937,741,814 $296,110,191 $22,097,546
2019 $943,724,186 $962,616,773 $219,261,791 $-18,892,587
2018 $787,949,092 $778,986,629 $268,652,770 $8,962,463
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare Elderserve Health Inc with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.