Form 990 for tax year 2022
Filed by SARASOTA MANATEE JEWISH HOUSING COUNCIL INC.
Totals
- Total revenue
- $18,552,615
- Total expenses
- $20,404,843
- Contributions and grants received
- $631,309
- Grants paid
- $0
- Program service revenue
- $17,772,389
- Investment income
- $93,558
- Other revenue
- $55,359
- Total assets, end of year
- $24,113,521
- Total liabilities, end of year
- $37,363,265
- Net assets or fund balances, end of year
- -$13,249,744
- Program services expenses (Part IX)
- $14,045,827
- Management and general expenses
- $6,259,899
- Fundraising expenses
- $99,117
- Program service expenses (Part III)
- $14,045,827
Program services were 68.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1c · Fundraising events
$407,391
-
1f · All other contributions, gifts and grants
$223,918
-
2a · Program service revenue: RENTAL INCOME
total $11,302,334 · related or exempt $11,302,334
-
2b · Program service revenue: PATIENT SERVICE INCOME
total $5,990,476 · related or exempt $5,990,476
-
2c · Program service revenue: GUEST SERVICES INCOME
total $369,902 · related or exempt $369,902
-
2d · Program service revenue: REFURBISHING FEES
total $109,677 · related or exempt $109,677
-
3 · Investment income
total $93,558 · excluded $93,558
-
8a · Fundraising events: gross income
$81,877
-
8a · Fundraising events: contributions included on line 1c
$407,391
-
8b · Fundraising events: direct expenses
$96,169
-
8c · Net income from fundraising events
total -$14,292 · excluded -$14,292
-
11a · Other revenue: MISCELLANEOUS
total $69,651 · related or exempt $69,651
-
11e · Other revenue, total
$69,651
Functional expenses
Part IX, the statement of functional expenses.
-
5 · Compensation of officers, directors and key employees
total $691,686 · program services $601,106 · fundraising $90,580
-
7 · Other salaries and wages
total $6,034,258 · program services $4,967,051 · management and general $1,067,207
-
8 · Pension plan contributions
total $87,887 · program services $87,887
-
9 · Other employee benefits
total $494,031 · program services $277,410 · management and general $216,621
-
10 · Payroll taxes
total $491,723 · program services $491,723
-
11b · Fees: legal
total $19,415 · management and general $19,415
-
11c · Fees: accounting
total $101,962 · management and general $101,962
-
11g · Fees: other
total $4,146,572 · program services $3,033,078 · management and general $1,113,494
-
12 · Advertising and promotion
total $118,004 · program services $109,411 · management and general $951 · fundraising $7,642
-
13 · Office expenses
total $317,462 · program services $243,228 · management and general $73,581 · fundraising $653
-
14 · Information technology
total $14,029 · management and general $14,029
-
16 · Occupancy
total $1,119,385 · program services $749,959 · management and general $369,426
-
17 · Travel
total $59,322 · program services $1,637 · management and general $57,685
-
20 · Interest
total $1,621,818 · program services $1,601,014 · management and general $20,804
-
22 · Depreciation, depletion and amortization
total $1,603,573 · management and general $1,603,573
-
23 · Insurance
total $759,197 · management and general $759,197
-
24a · Other expenses: RESIDENT EXPENSES
total $995,219 · program services $514,200 · management and general $480,777 · fundraising $242
-
24b · Other expenses: FOOD & DINING
total $952,347 · program services $952,347
-
24c · Other expenses: REPAIR & MAINTENANCE
total $555,062 · program services $303,308 · management and general $251,754
-
24d · Other expenses: WORKERS COMPENSATION
total $63,878 · program services $63,878
-
24e · All other expenses
total $158,013 · program services $48,590 · management and general $109,423
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
beginning of year $2,097,072 · end of year $2,169,467
-
2 · Savings and temporary cash investments
beginning of year $2,522,547 · end of year $1,391,367
-
4 · Accounts receivable
beginning of year $674,959 · end of year $648,159
-
8 · Inventories for sale or use
beginning of year $101,566 · end of year $54,856
-
9 · Prepaid expenses and deferred charges
beginning of year $743,504 · end of year $676,849
-
10a · Land, buildings and equipment: cost or other basis
$42,616,714
-
10b · Land, buildings and equipment: accumulated depreciation
$27,639,951
-
10c · Land, buildings and equipment, net
beginning of year $15,500,068 · end of year $14,976,763
-
15 · Other assets
beginning of year $4,094,242 · end of year $4,196,060
-
17 · Accounts payable and accrued expenses
beginning of year $1,943,148 · end of year $2,492,548
-
19 · Deferred revenue
beginning of year $2,260,848 · end of year $2,704,670
-
20 · Tax-exempt bond liabilities
beginning of year $32,859,530 · end of year $32,155,398
-
23 · Secured mortgages and notes payable
beginning of year $24,591 · end of year $10,649
-
25 · Other liabilities
beginning of year $39,584 · end of year $0
-
27 · Net assets without donor restrictions
beginning of year -$11,736,559 · end of year -$13,588,787
-
28 · Net assets with donor restrictions
beginning of year $342,816 · end of year $339,043
Mission and programs · 2022
Mission
THE ORGANIZATION FOSTERS AND PROMOTES DEVELOPMENT OF HOUSING AND RELATED SERVICES TO MEET THE NEEDS OF SENIOR ADULTS.
-
THE ORGANIZATION OPERATES KOBERNICK HOUSE, AN INDEPENDENT LIVING RETIREMENT COMMUNITY WHICH CONSISTS OF 190 RENTAL APARTMENT UNITS FOR THE ELDERLY, ANCHIN PAVILION WHICH CONSISTS OF A 70-BED ASSISTED LIVING & MEMORY CARE FACILITY, AND BENDERSON FAMILY SKILLED NURSING AND REHABILITATION WHICH CONSISTS OF 45 SKILLED NURSING BEDS. THE CAMPUS HAS COMMON AREAS OF DINING AND ACTIVITIES AREAS. ANCHIN PAVILION IS AVAILABLE TO RESIDENTS TRANSFERRING FROM KOBERNICK HOUSE BECAUSE OF THEIR NEED FOR A HIGHER LEVEL OF CARE, AS WELL AS RESIDENTS FROM THE GENERAL COMMUNITY. BENDERSON IS AVAILABLE TO RESIDENTS FROM KOBERNICK AND ANCHIN THAT REQUIRE AN EVEN HIGHER LEVEL OF CARE, AS WELL AS RESIDENTS FROM THE COMMUNITY.
Expenses $14,045,827 · Revenue $17,842,040
As filed on the 2022 return.
Listed in Part VII
-
Sheila BirnbaumSHEILA BIRNBAUM
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Fran BravermanFRAN BRAVERMAN
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Deborah BreslofDEBORAH BRESLOF
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Judye GoldblattJUDYE GOLDBLATT
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Marc KanoffMARC KANOFF
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Jerry LazarJERRY LAZAR
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Henry MasonHENRY MASON
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Michael RichkerMICHAEL RICHKER
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Mel TaubMEL TAUB
TRUSTEE
- Total calculated
- $0
- Hours/week
- 1
-
Eric FoxERIC FOX
AT LARGE
- Total calculated
- $0
- Hours/week
- 1
-
Kenneth StockKENNETH STOCK
TRUSTEE EMERITUS
- Total calculated
- $0
- Hours/week
- 1
-
Marc LazarusMARC LAZARUS
CHAIRMAN
- Total calculated
- $0
- Hours/week
- 5
-
Hal MunterHAL MUNTER
VICE CHAIR
- Total calculated
- $0
- Hours/week
- 5
-
Seth RosenbergSETH ROSENBERG
SECRETARY
- Total calculated
- $0
- Hours/week
- 5
-
Gordon MetskyGORDON METSKY
TREASURER
- Total calculated
- $0
- Hours/week
- 5
-
Karen ZeldenKAREN ZELDEN
CHIEF DEVELOPMENT OFFICER EFF. 9/26/22
- Total calculated
- $33,732
- From this org
- $28,502
- From related orgs
- $0
- Other
- $5,230
- Hours/week
- 40
-
Jay SolomonJAY SOLOMON
PRESIDENT/CEO
- Total calculated
- $257,816
- From this org
- $224,288
- From related orgs
- $0
- Other
- $33,528
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $224,126
- Bonus
- $142
- Other
- $20
- Deferred
- $9,229
- Nontaxable benefits
- $24,299
- Filer's total
- $257,816
-
Marilyn Jean KramerMARILYN JEAN KRAMER
COO
- Total calculated
- $183,031
- From this org
- $170,963
- From related orgs
- $0
- Other
- $12,068
- Hours/week
- 40
Schedule J breakdown matched by us
- Base
- $170,801
- Bonus
- $142
- Other
- $20
- Deferred
- $6,826
- Nontaxable benefits
- $5,242
- Filer's total
- $183,031
-
Teresa MartinTERESA MARTIN
VP HEALTHCARE SERVICES
- Total calculated
- $146,678
- From this org
- $140,160
- From related orgs
- $0
- Other
- $6,518
- Hours/week
- 40
-
Ann LoganANN LOGAN
CHIEF DEVELOPMENT OFFICER TO 6/30/22
- Total calculated
- $68,130
- From this org
- $65,031
- From related orgs
- $0
- Other
- $3,099
- Hours/week
- 40
-
Dustin SchulerDUSTIN SCHULER
DIRECTOR OF NURSING
- Total calculated
- $121,004
- From this org
- $105,616
- From related orgs
- $0
- Other
- $15,388
- Hours/week
- 40
-
Stacie PlanteSTACIE PLANTE
DIRECTOR OF FINANCE
- Total calculated
- $127,780
- From this org
- $100,623
- From related orgs
- $0
- Other
- $27,157
- Hours/week
- 40
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, and on a Form 990-PF Part VIII's — 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
- 3 · Compensation committee
- 3 · Compensation survey or study
- 3 · Approval by the board or compensation committee
- 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)
- PART I, LINE 4A
- MARILYN JEAN KRAMER SEVERANCE AGREEMENT IN THE AMOUNT OF $54,930 WAS FINALIZED IN JUNE 2023 WITH THE FULL EXPENSE ACCRUED TO FY2023. FIRST SEVERANCE PAYMENT WAS ISSUED ON PAY DATE 6/16/2023; FINAL SEVERANCE PAYCHECK WAS PAY DATE 9/29/2023.
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.
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 19 March 2024
- IRS schema version
- 2022v5.0
- Source object
- 202420829349300092
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