THE COMMUNITY AT BROOKMEADE INC

EIN: 810676932 501(c)(3) Public & Societal Benefit

RHINEBECK, NY

Total Revenue
$3,146,159
Total Expenses
$2,504,960
Total Assets
$21,090,409
Net Assets
$1,608,489
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Financial Trends

Organization Details

Formation Year
2005
Legal Domicile
NY
Principal Officer
TONY CHISHOLM
Phone
8458762071
Tax Period
2024-01-01 to 2024-12-31

THE COMMUNITY AT BROOKMEADE INC, founded in 2005, is a community nonprofit in the Public & Societal Benefit sector that reported $3.1M in total revenue in fiscal year 2024. The organization ran a surplus of $641K, a strong 20% operating margin.

Mission

TO ENHANCE THE QUALITY OF LIFE FOR THE AGED BY PROMOTING QUALITY CARE IN A LOVING ENVIRONMENT THAT SUPPORTS THEIR SOCIAL, MEDICAL AND RELIGIOUS NEEDS WHILE ENCOURAGING INDEPENDENCE THAT SELF-DEVELOPMENT. THEREFORE, THE CORPORATION IS FORMED TO PROVIDE RESOURCES AND ASSISTANCE TO AID THE CORPORATIONS THAT ARE A PART OF THE COMMUNITY AT BROOKMEADE ORGANIZATION, IN THE MANAGEMENT, PLANNING AND COORDINATION OF NURSING HOME, ENRICHED HOUSING, ASSISTED LIVING, INDEPENDENT LIVING, AND OTHER NON-HOSPITAL SERVICES AND, IN CONNECTION THEREWITH, TO BE OPERATED FOR THE BENEFIT OF, TO PERFORM THE FUNCTIONS OF, OR TO CARRY OUT THE PURPOSES OF THE COMMUNITY AT BROOKMEADE ORGANIZATION, INCLUDING THE BAPTIST HOME OF BROOKLYN, NEW YORK; ARBOR RIDGE AT BROOKMEADE, INC.; BROOKMEADE COMMUNITY FOUNDATION, INC.; BROOKVIEW, INC. ; AND SUCH OTHER ORGANIZATIONS THAT MAY BE AFFILIATED WITH THE COMMUNITY AT BROOKMEADE ORGANIZATION.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $0
Other Revenue $3,146,159
TOTAL REVENUE $3,146,159

Expense Breakdown

Grants Paid $0
Salaries & Benefits $214,543
Fundraising Expenses $0
Program Expenses $2,241,777
Other Expenses $2,290,417
TOTAL EXPENSES $2,504,960

Year-over-Year Comparison

2024 2023 Change
Revenue $3,146,159 $3,002,850 +0.0%
Expenses $2,504,960 $2,310,403 +0.1%
Net Income $641,199 $692,447 -0.1%
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
10
Independent Members
10
Employees
N/A
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
6
$1,110,193
Total Directors
10
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAROLYN BERNITT MEMBER 1.00
Director
$0 $0 $0
MICHAEL J GREEN PRESIDENT 1.25
Officer Director
$0 $0 $0
KAREN STEWART SECRETARY 1.25
Officer Director
$0 $0 $0
JOHN E HOEY VICE PRESIDENT 1.25
Officer Director
$0 $0 $0
MICHAEL WEBB TREASURER 1.25
Officer Director
$0 $0 $0
ARNOLD JOHNSEN MEMBER 1.00
Director
$0 $0 $0
PASTOR DANIEL DRAKE MEMBER 1.00
Director
$0 $0 $0
JOSEPH PEIXOTO MEMBER 1.00
Director
$0 $0 $0
ANDREW ALBRECHT MEMBER 1.00
Director
$0 $0 $0
ROLAND TRAUDT MEMBER 1.00
Director
$0 $0 $0
ANTOINE CHISOLM DIRECTOR OF FINANCE 1.00
Officer
$0 $32,534 $156,589
KAREN STRITT CHIEF EXECUTIVE OFFICER 1.00
Officer
$0 $34,469 $953,604
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 $3,146,159 $2,504,960 $21,090,409 $641,199
2023 $3,002,850 $2,310,403 $21,556,686 $692,447
2022 $2,859,000 $2,389,412 $22,672,528 $469,588
2021 $2,713,769 $2,270,891 $23,818,783 $442,878
2020 $2,480,423 $2,251,036 $25,059,538 $229,387
2019 $2,283,121 $2,067,505 $26,956,726 $215,616
2018 $46,595 No data $25,391,474 No data
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