Skip to content
Nonprofiteer
← GREENWOOD HOUSE FOUNDATION INC

Form 990 for tax year 2024

Filed by GREENWOOD HOUSE FOUNDATION INC.

Totals

Total revenue
$702,315
Total expenses
$986,747
Contributions and grants received
$571,130
Grants paid
$929,864
Program service revenue
$0
Investment income
$131,185
Other revenue
$0
Total assets, end of year
$7,450,383
Total liabilities, end of year
$78,447
Net assets or fund balances, end of year
$7,371,936
Program services expenses (Part IX)
$929,864
Management and general expenses
$56,883
Fundraising expenses
$0
Program service expenses (Part III)
$929,864

Program services were 94.2% 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.

  • 1f · All other contributions, gifts and grants

    $571,130

  • 3 · Investment income

    total $131,185 · excluded $131,185

Functional expenses

Part IX, the statement of functional expenses.

  • 1 · Grants to domestic organizations and governments

    total $929,864 · program services $929,864

  • 11c · Fees: accounting

    total $20,370 · management and general $20,370

  • 11f · Fees: investment management

    total $1,654 · management and general $1,654

  • 11g · Fees: other

    total $4,573 · management and general $4,573

  • 12 · Advertising and promotion

    total $400 · management and general $400

  • 13 · Office expenses

    total $29,886 · management and general $29,886

Balance sheet

Part X, book values.

  • 2 · Savings and temporary cash investments

    beginning of year $171,992 · end of year $349,712

  • 3 · Pledges and grants receivable

    beginning of year $48,461 · end of year $41,473

  • 4 · Accounts receivable

    beginning of year $600,000 · end of year $0

  • 11 · Investments: publicly traded securities

    beginning of year $5,858,337 · end of year $6,819,343

  • 15 · Other assets

    beginning of year $168,266 · end of year $239,855

  • 17 · Accounts payable and accrued expenses

    beginning of year $15,093 · end of year $17,200

  • 25 · Other liabilities

    beginning of year $69,748 · end of year $61,247

  • 27 · Net assets without donor restrictions

    beginning of year $5,899,923 · end of year $6,140,351

  • 28 · Net assets with donor restrictions

    beginning of year $862,292 · end of year $1,231,585

Mission and programs · 2024

Mission

GREENWOOD HOUSE FOUNDATION, INC.'S (FOUNDATION) MISSION IS TO PROVIDE FINANCIAL AND OTHER SUPPORT FOR THE CAUSES OF THE AGED IN ITS COMMUNITY; THIS IS ACCOMPLISHED BY MAKING CONTRIBUTIONS TO GREENWOOD HOUSE, HOME FOR JEWISH AGED, A 501(C)(3) PUBLIC CHARITY.

Activities or mission (Part I)

TO SUPPORT THE AGED COMMUNITY, SPECIFICALLY GREENWOOD HOUSE, HOME FOR THE JEWISH AGED

  • TO PROVIDE FINANCIAL AND OTHER SUPPORT FOR THE CAUSES OF THE AGED IN ITS COMMUNITY.

    Expenses $929,864 · Grants $929,864

As filed on the 2024 return.

Listed in Part VII

  • Jeffrey Perlman

    PRESIDENT THRU JUNE 2024, TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 1 related
  • Carli Masia

    PRESIDENT

    Total calculated
    $0
    Hours/week
    0.5
  • Richard S Goldstein

    SECRETARY/TREASURER

    Total calculated
    $246,463
    From this org
    $0
    From related orgs
    $235,778
    Other
    $10,685
    Hours/week
    0.8 + 52 related

    Schedule J breakdown matched by us

    Base
    $0 + $235,778 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $4,743 related
    Nontaxable benefits
    $0 + $5,942 related
    Filer's total
    $0 + $246,463 related
  • Elaine Britt

    TRUSTEE AS OF JUNE 2024

    Total calculated
    $0
    Hours/week
    0.5
  • Conrad Druker

    TRUSTEE AS OF JUNE 2024

    Total calculated
    $0
    Hours/week
    0.5
  • Howard Deutsch

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related
  • Nancy Fennelly

    TRUSTEE AS OF JUNE 2024

    Total calculated
    $0
    Hours/week
    0.5
  • Howard Henschel

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5 + 0.5 related
  • Rachael Lesser

    TRUSTEE AS OF JUNE 2024

    Total calculated
    $0
    Hours/week
    0.5
  • Jonathan Levy

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Sheryl Punia

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Marc Shegoski

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5
  • Stephen Silverman

    TRUSTEE

    Total calculated
    $0
    Hours/week
    0.5

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

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

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

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
12 November 2025
IRS schema version
2024v5.2
Source object
202543179349308394

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

The source document this was parsed from is served over the API, which is where bulk and document access live.