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← SILVERCREST SENIOR HOUSING DEVELOPMENT FUND

Form 990 for tax year 2022

Filed by SILVERCREST SENIOR HOUSING DEVELOPMENT FUND.

Totals

Total revenue
$819,616
Total expenses
$1,343,578
Contributions and grants received
$9,500
Grants paid
$0
Program services expenses (Part IX)
$1,106,596
Management and general expenses
$236,982
Fundraising expenses
$0
Program service expenses (Part III)
$1,106,596

Program services were 82.4% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • ELIAS M NEMNOM

    TRUSTEE/CHIEF FINANCIAL OFFICER

    Total calculated
    $397,775
    From this org
    $0
    From related orgs
    $356,546
    Other
    $41,229
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $332,546 related
    Bonus
    $0 + $24,000 related
    Other
    $0
    Deferred
    $0 + $23,200 related
    Nontaxable benefits
    $0 + $18,029 related
    Filer's total
    $0 + $397,775 related

  • MARY GODFREY

    TRUSTEE/CHAIRMAN

    Total calculated
    $556,114
    From this org
    $0
    From related orgs
    $514,042
    Other
    $42,072
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $356,059 related
    Bonus
    $0 + $122,713 related
    Other
    $0 + $35,270 related
    Deferred
    $0 + $15,250 related
    Nontaxable benefits
    $0 + $26,822 related
    Filer's total
    $0 + $556,114 related

  • MICHAEL TRETOLA

    TRUSTEE/PRESIDENT

    Total calculated
    $497,530
    From this org
    $0
    From related orgs
    $471,069
    Other
    $26,461
    Hours/week
    10 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $413,319 related
    Bonus
    $0 + $57,750 related
    Other
    $0
    Deferred
    $0 + $23,200 related
    Nontaxable benefits
    $0 + $3,261 related
    Filer's total
    $0 + $497,530 related

  • MICHELE RYGA

    TRUSTEE/TREASURER

    Total calculated
    $278,266
    From this org
    $0
    From related orgs
    $254,388
    Other
    $23,878
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $251,643 related
    Bonus
    $0
    Other
    $0 + $2,745 related
    Deferred
    $0 + $23,000 related
    Nontaxable benefits
    $0 + $878 related
    Filer's total
    $0 + $278,266 related

  • WILLIAM PALUMBO

    TRUSTEE/VP/COO

    Total calculated
    $376,892
    From this org
    $0
    From related orgs
    $287,219
    Other
    $89,673
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $275,188 related
    Bonus
    $0 + $12,031 related
    Other
    $0
    Deferred
    $0 + $38,073 related
    Nontaxable benefits
    $0 + $51,600 related
    Filer's total
    $0 + $376,892 related

  • CAROLINE KEANE

    TRUSTEE

    Total calculated
    $317,153
    From this org
    $0
    From related orgs
    $279,507
    Other
    $37,646
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $277,707 related
    Bonus
    $0
    Other
    $0 + $1,799 related
    Deferred
    $0 + $22,273 related
    Nontaxable benefits
    $0 + $15,373 related
    Filer's total
    $0 + $317,153 related

  • MARGARET MAXWELL-WELLINGTON

    TRUSTEE/VP/CNO

    Total calculated
    $270,588
    From this org
    $0
    From related orgs
    $220,710
    Other
    $49,878
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $205,335 related
    Bonus
    $0 + $15,375 related
    Other
    $0
    Deferred
    $0 + $18,154 related
    Nontaxable benefits
    $0 + $31,724 related
    Filer's total
    $0 + $270,588 related

  • MICHELLE YUEN BLANCO

    ASSISTANT SECRETARY (THRU 6/2022)/ SECRETARY

    Total calculated
    $300,815
    From this org
    $0
    From related orgs
    $270,234
    Other
    $30,581
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $264,322 related
    Bonus
    $0
    Other
    $0 + $5,912 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $30,581 related
    Filer's total
    $0 + $300,815 related

  • WILLIAM WISSEMANN

    SECRETARY (THRU 6/2022)

    Total calculated
    $575,834
    From this org
    $0
    From related orgs
    $546,634
    Other
    $29,200
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $209,891 related
    Bonus
    $0 + $83,945 related
    Other
    $0 + $252,798 related
    Deferred
    $0 + $12,271 related
    Nontaxable benefits
    $0 + $16,929 related
    Filer's total
    $0 + $575,834 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 4a · Severance or change-of-control payment

Answered no

  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 3 Arrangement used to establish the top management official's compensation
COMPENSATION DECISIONS FOR THE PRESIDENT WAS DETERMINED BY A RELATED ORGANIZATION FOLLOWING THAT ORGANIZATION'S COMPENSATION POLICY.
Schedule J, Part I, Line 4a Severance or change-of-control payment
William Wissemann received severance pay 206,538.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2022
Filed
9 November 2023
IRS schema version
2022v5.0
Source object
202303139349301455

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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