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Nonprofiteer
← GENESIS HEALTH FOUNDATION INC

Form 990 for tax year 2023

Filed by GENESIS HEALTH FOUNDATION INC.

Totals

Total revenue
$1,657,839
Total expenses
$965,296
Contributions and grants received
$1,247,537
Grants paid
$508,257
Program services expenses (Part IX)
$902,498
Management and general expenses
$62,798
Fundraising expenses
$0
Program service expenses (Part III)
$902,498

Program services were 93.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • Douglas M Baer

    Chairman/President

    Total calculated
    $652,428
    From this org
    $0
    From related orgs
    $583,131
    Other
    $69,297
    Hours/week
    1 + 51 related

    Schedule J breakdown matched by us

    Base
    $0 + $579,270 related
    Bonus
    $0
    Other
    $0 + $3,861 related
    Deferred
    $0 + $51,959 related
    Nontaxable benefits
    $0 + $17,338 related
    Filer's total
    $0 + $652,428 related

  • J Britton Tabor

    CFO

    Total calculated
    $444,528
    From this org
    $0
    From related orgs
    $436,599
    Other
    $7,929
    Hours/week
    1 + 51 related

    Schedule J breakdown matched by us

    Base
    $0 + $432,738 related
    Bonus
    $0
    Other
    $0 + $3,861 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $7,929 related
    Filer's total
    $0 + $444,528 related

  • Eric Mann

    Board Member

    Total calculated
    $47,700
    From this org
    $0
    From related orgs
    $47,700
    Other
    $0
    Hours/week
    1 + 5 related

  • Howard Serkin

    Board Member

    Total calculated
    $34,200
    From this org
    $0
    From related orgs
    $34,200
    Other
    $0
    Hours/week
    1 + 5 related

  • Kris Roberts

    Board Member

    Total calculated
    $313,294
    From this org
    $0
    From related orgs
    $280,144
    Other
    $33,150
    Hours/week
    1 + 51 related

    Schedule J breakdown matched by us

    Base
    $0 + $279,136 related
    Bonus
    $0
    Other
    $0 + $1,008 related
    Deferred
    $0 + $15,906 related
    Nontaxable benefits
    $0 + $17,244 related
    Filer's total
    $0 + $313,294 related

  • Victor DeRienzo

    Board Member

    Total calculated
    $314,237
    From this org
    $0
    From related orgs
    $264,570
    Other
    $49,667
    Hours/week
    1 + 51 related

    Schedule J breakdown matched by us

    Base
    $0 + $263,562 related
    Bonus
    $0
    Other
    $0 + $1,008 related
    Deferred
    $0 + $24,829 related
    Nontaxable benefits
    $0 + $24,838 related
    Filer's total
    $0 + $314,237 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
THE ORGANIZATION DOES NOT COMPENSATE ANY OFFICERS OR KEY EMPLOYEES DIRECTLY. CERTAIN BOARD MEMBERS AND MANAGEMENT OFFICIALS ARE COMPENSATED BY BROOKS HEALTH SYSTEM, A RELATED ORGANIZATION. THE BOARD OF BROOKS HEALTH SYSTEM USES THE FOLLOWING METHODS TO DETERMINE EXECUTIVE COMPENSATION: - COMPENSATION COMMITTEE - INDEPENDENT COMPENSATION CONSULTANT - FORM 990 OF OTHER ORGANIZATIONS - WRITTEN EMPLOYMENT CONTRACT - COMPENSATION STUDY OR SURVEY - APPROVAL BY COMPENSATION COMMITTEE

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

  • Genesis Health Inc

    $508,257

    Support of the various community programs of Brooks Health System. Related party. See schedules O and R.

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
6 December 2024
IRS schema version
2023v5.1
Source object
202443419349300139

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