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Nonprofiteer
← SILVERCREST SENIOR HOUSING DEVELOPMENT FUND

Form 990 for tax year 2024

Filed by SILVERCREST SENIOR HOUSING DEVELOPMENT FUND.

Totals

Total revenue
$878,622
Total expenses
$1,458,847
Contributions and grants received
$160
Grants paid
$0
Program services expenses (Part IX)
$1,183,538
Management and general expenses
$275,309
Fundraising expenses
$0
Program service expenses (Part III)
$1,183,538

Program services were 81.1% 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
    $429,896
    From this org
    $0
    From related orgs
    $382,350
    Other
    $47,546
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $348,401 related
    Bonus
    $0 + $33,949 related
    Other
    $0
    Deferred
    $0 + $27,600 related
    Nontaxable benefits
    $0 + $19,946 related
    Filer's total
    $0 + $429,896 related

  • KIMLEE ROLDAN-SANCHEZ

    TRUSTEE/PRESIDENT

    Total calculated
    $621,817
    From this org
    $0
    From related orgs
    $516,990
    Other
    $104,827
    Hours/week
    10 + 50 related

    Schedule J breakdown matched by us

    Base
    $0 + $400,058 related
    Bonus
    $0 + $103,000 related
    Other
    $0 + $13,932 related
    Deferred
    $0 + $55,605 related
    Nontaxable benefits
    $0 + $49,222 related
    Filer's total
    $0 + $621,817 related

  • ALEX SOLOVEY

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • CAROLINE KEANE

    TRUSTEE

    Total calculated
    $360,407
    From this org
    $0
    From related orgs
    $321,309
    Other
    $39,098
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $308,919 related
    Bonus
    $0 + $6,000 related
    Other
    $0 + $6,390 related
    Deferred
    $0 + $24,409 related
    Nontaxable benefits
    $0 + $14,689 related
    Filer's total
    $0 + $360,407 related

  • JACLYN MUCARIA

    TRUSTEE (THRU 4/2024)

    Total calculated
    $1,718,924
    From this org
    $0
    From related orgs
    $1,687,371
    Other
    $31,553
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $323,350 related
    Bonus
    $0 + $477,371 related
    Other
    $0 + $886,650 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $31,553 related
    Filer's total
    $0 + $1,718,924 related

  • JOSEPH A IENUSO

    TRUSTEE

    Total calculated
    $1,951,744
    From this org
    $0
    From related orgs
    $1,878,488
    Other
    $73,256
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $948,221 related
    Bonus
    $0 + $765,375 related
    Other
    $0 + $164,892 related
    Deferred
    $0 + $25,590 related
    Nontaxable benefits
    $0 + $47,666 related
    Filer's total
    $0 + $1,951,744 related

  • LUCAN RODRIGUES

    TRUSTEE (THRU 3/2024)

    Total calculated
    $123,662
    From this org
    $0
    From related orgs
    $107,801
    Other
    $15,861
    Hours/week
    1 + 59 related

  • MARGARET MAXWELL-WELLINGTON

    TRUSTEE

    Total calculated
    $316,459
    From this org
    $0
    From related orgs
    $259,036
    Other
    $57,423
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $232,405 related
    Bonus
    $0 + $26,631 related
    Other
    $0
    Deferred
    $0 + $21,246 related
    Nontaxable benefits
    $0 + $36,177 related
    Filer's total
    $0 + $316,459 related

  • MICHAEL SCHRIEBER

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1

  • NANCY O'TOOLE

    TRUSTEE

    Total calculated
    $493,034
    From this org
    $0
    From related orgs
    $435,589
    Other
    $57,445
    Hours/week
    1 + 34 related

    Schedule J breakdown matched by us

    Base
    $0 + $289,291 related
    Bonus
    $0 + $100,868 related
    Other
    $0 + $45,430 related
    Deferred
    $0 + $26,980 related
    Nontaxable benefits
    $0 + $30,465 related
    Filer's total
    $0 + $493,034 related

  • NAZIM B MALATYALI

    TRUSTEE

    Total calculated
    $1,035,291
    From this org
    $0
    From related orgs
    $947,738
    Other
    $87,553
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $536,782 related
    Bonus
    $0 + $324,179 related
    Other
    $0 + $86,777 related
    Deferred
    $0 + $26,173 related
    Nontaxable benefits
    $0 + $61,380 related
    Filer's total
    $0 + $1,035,291 related

  • RICHARD EINWECHTER

    TRUSTEE/CHAIRMAN

    Total calculated
    $1,116,309
    From this org
    $0
    From related orgs
    $1,027,556
    Other
    $88,753
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $522,165 related
    Bonus
    $0 + $449,604 related
    Other
    $0 + $55,787 related
    Deferred
    $0 + $55,429 related
    Nontaxable benefits
    $0 + $33,324 related
    Filer's total
    $0 + $1,116,309 related

  • RICHARD EVANS

    TRUSTEE

    Total calculated
    $1,184,048
    From this org
    $0
    From related orgs
    $1,096,601
    Other
    $87,447
    Hours/week
    1 + 59 related

    Schedule J breakdown matched by us

    Base
    $0 + $593,771 related
    Bonus
    $0 + $419,913 related
    Other
    $0 + $82,917 related
    Deferred
    $0 + $35,324 related
    Nontaxable benefits
    $0 + $52,123 related
    Filer's total
    $0 + $1,184,048 related

  • MICHELE RYGA

    TREASURER

    Total calculated
    $446,287
    From this org
    $0
    From related orgs
    $424,611
    Other
    $21,676
    Hours/week
    1 + 34 related

    Schedule J breakdown matched by us

    Base
    $0 + $382,968 related
    Bonus
    $0 + $40,000 related
    Other
    $0 + $1,643 related
    Deferred
    $0 + $18,169 related
    Nontaxable benefits
    $0 + $3,507 related
    Filer's total
    $0 + $446,287 related

  • MICHELLE YUEN BLANCO

    SECRETARY

    Total calculated
    $369,116
    From this org
    $0
    From related orgs
    $309,487
    Other
    $59,629
    Hours/week
    1 + 34 related

    Schedule J breakdown matched by us

    Base
    $0 + $268,223 related
    Bonus
    $0 + $41,000 related
    Other
    $0 + $264 related
    Deferred
    $0 + $14,960 related
    Nontaxable benefits
    $0 + $44,669 related
    Filer's total
    $0 + $369,116 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

None.

Answered no

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

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
2024
Filed
11 November 2025
IRS schema version
2024v5.1
Source object
202533159349301653

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

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