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Nonprofiteer
← SILVERCREST SENIOR HOUSING DEVELOPMENT FUND

Form 990 for tax year 2023

Filed by SILVERCREST SENIOR HOUSING DEVELOPMENT FUND.

Totals

Total revenue
$861,846
Total expenses
$1,365,999
Contributions and grants received
$350
Grants paid
$0
Program services expenses (Part IX)
$1,118,509
Management and general expenses
$247,490
Fundraising expenses
$0
Program service expenses (Part III)
$1,118,509

Program services were 81.9% 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
    $455,519
    From this org
    $0
    From related orgs
    $411,270
    Other
    $44,249
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $368,300 related
    Bonus
    $0 + $42,970 related
    Other
    $0
    Deferred
    $0 + $26,400 related
    Nontaxable benefits
    $0 + $17,849 related
    Filer's total
    $0 + $455,519 related

  • KIMLEE ROLDAN-SANCHEZ

    TRUSTEE/PRESIDENT

    Total calculated
    $635,275
    From this org
    $0
    From related orgs
    $542,094
    Other
    $93,181
    Hours/week
    10 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $391,835 related
    Bonus
    $0 + $126,770 related
    Other
    $0 + $23,489 related
    Deferred
    $0 + $50,803 related
    Nontaxable benefits
    $0 + $42,378 related
    Filer's total
    $0 + $635,275 related

  • MARY GODFREY

    TRUSTEE/CHAIRMAN (THRU 4/2023)

    Total calculated
    $267,898
    From this org
    $0
    From related orgs
    $238,918
    Other
    $28,980
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $108,601 related
    Bonus
    $0 + $119,520 related
    Other
    $0 + $10,797 related
    Deferred
    $0 + $6,090 related
    Nontaxable benefits
    $0 + $22,890 related
    Filer's total
    $0 + $267,898 related

  • MICHAEL TRETOLA

    TRUSTEE/PRESIDENT (THRU 9/2023)

    Total calculated
    $535,244
    From this org
    $0
    From related orgs
    $506,947
    Other
    $28,297
    Hours/week
    10 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $425,987 related
    Bonus
    $0 + $80,960 related
    Other
    $0
    Deferred
    $0 + $26,400 related
    Nontaxable benefits
    $0 + $1,897 related
    Filer's total
    $0 + $535,244 related

  • RICHARD EINWECHTER

    TRUSTEE/CHAIRMAN

    Total calculated
    $870,210
    From this org
    $0
    From related orgs
    $790,940
    Other
    $79,270
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $507,652 related
    Bonus
    $0 + $229,474 related
    Other
    $0 + $53,814 related
    Deferred
    $0 + $50,644 related
    Nontaxable benefits
    $0 + $28,626 related
    Filer's total
    $0 + $870,210 related

  • WILLIAM PALUMBO

    TRUSTEE/VP/COO (THRU 2/2023)

    Total calculated
    $53,637
    From this org
    $0
    From related orgs
    $45,750
    Other
    $7,887
    Hours/week
    1 + 59 related

  • ALEX SOLOVEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CAROLINE KEANE

    TRUSTEE

    Total calculated
    $345,090
    From this org
    $0
    From related orgs
    $303,591
    Other
    $41,499
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $295,754 related
    Bonus
    $0 + $6,000 related
    Other
    $0 + $1,837 related
    Deferred
    $0 + $24,550 related
    Nontaxable benefits
    $0 + $16,949 related
    Filer's total
    $0 + $345,090 related

  • JACLYN MUCARIA

    TRUSTEE

    Total calculated
    $1,493,730
    From this org
    $0
    From related orgs
    $1,338,804
    Other
    $154,926
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $758,751 related
    Bonus
    $0 + $426,255 related
    Other
    $0 + $153,798 related
    Deferred
    $0 + $118,315 related
    Nontaxable benefits
    $0 + $36,611 related
    Filer's total
    $0 + $1,493,730 related

  • JOSEPH A IENUSO

    TRUSTEE

    Total calculated
    $1,927,066
    From this org
    $0
    From related orgs
    $1,858,069
    Other
    $68,997
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $941,273 related
    Bonus
    $0 + $756,295 related
    Other
    $0 + $160,501 related
    Deferred
    $0 + $23,453 related
    Nontaxable benefits
    $0 + $45,544 related
    Filer's total
    $0 + $1,927,066 related

  • LUCAN RODRIGUEZ

    TRUSTEE

    Total calculated
    $437,416
    From this org
    $0
    From related orgs
    $394,467
    Other
    $42,949
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $361,877 related
    Bonus
    $0 + $32,590 related
    Other
    $0
    Deferred
    $0 + $26,400 related
    Nontaxable benefits
    $0 + $16,549 related
    Filer's total
    $0 + $437,416 related

  • MARGARET MAXWELL-WELLINGTON

    TRUSTEE/VP/CNO

    Total calculated
    $316,023
    From this org
    $0
    From related orgs
    $262,040
    Other
    $53,983
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $240,684 related
    Bonus
    $0 + $21,356 related
    Other
    $0
    Deferred
    $0 + $21,484 related
    Nontaxable benefits
    $0 + $32,499 related
    Filer's total
    $0 + $316,023 related

  • MICHAEL SCHRIEBER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • NANCY O'TOOLE

    TRUSTEE

    Total calculated
    $456,578
    From this org
    $0
    From related orgs
    $405,028
    Other
    $51,550
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $312,583 related
    Bonus
    $0 + $72,105 related
    Other
    $0 + $20,340 related
    Deferred
    $0 + $23,297 related
    Nontaxable benefits
    $0 + $28,253 related
    Filer's total
    $0 + $456,578 related

  • NAZIM B MALATYALI

    TRUSTEE

    Total calculated
    $887,623
    From this org
    $0
    From related orgs
    $813,245
    Other
    $74,378
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $537,423 related
    Bonus
    $0 + $198,728 related
    Other
    $0 + $77,094 related
    Deferred
    $0 + $23,980 related
    Nontaxable benefits
    $0 + $50,398 related
    Filer's total
    $0 + $887,623 related

  • RICHARD EVANS

    TRUSTEE

    Total calculated
    $1,137,742
    From this org
    $0
    From related orgs
    $1,057,276
    Other
    $80,466
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $593,545 related
    Bonus
    $0 + $378,260 related
    Other
    $0 + $85,471 related
    Deferred
    $0 + $30,244 related
    Nontaxable benefits
    $0 + $50,222 related
    Filer's total
    $0 + $1,137,742 related

  • MICHELE RYGA

    TREASURER

    Total calculated
    $435,834
    From this org
    $0
    From related orgs
    $418,251
    Other
    $17,583
    Hours/week
    1 + 40 related

    Schedule J breakdown matched by us

    Base
    $0 + $366,703 related
    Bonus
    $0 + $50,000 related
    Other
    $0 + $1,548 related
    Deferred
    $0 + $16,690 related
    Nontaxable benefits
    $0 + $893 related
    Filer's total
    $0 + $435,834 related

  • MICHELLE YUEN BLANCO

    SECRETARY

    Total calculated
    $375,476
    From this org
    $0
    From related orgs
    $318,337
    Other
    $57,139
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $280,075 related
    Bonus
    $0 + $38,000 related
    Other
    $0 + $262 related
    Deferred
    $0 + $14,887 related
    Nontaxable benefits
    $0 + $42,252 related
    Filer's total
    $0 + $375,476 related

  • WILLIAM WISSEMANN

    FORMER OFFICER

    Total calculated
    $336,279
    From this org
    $0
    From related orgs
    $336,038
    Other
    $241
    Hours/week
    0

    Schedule J breakdown matched by us

    Base
    $0
    Bonus
    $0
    Other
    $0 + $336,038 related
    Deferred
    $0 + $241 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $336,279 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 $336,038

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
2023
Filed
11 November 2024
IRS schema version
2023v5.1
Source object
202403169349303140

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

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