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Cedarbrook Village Incorporated

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 200670083 ✦ New hartford, NY ✦ Designated as a 501(c)(3)

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Overview

What is Cedarbrook Village Incorporated?

Cedarbrook Village Incorporated is a nonprofit organization situated in New Hartford, New York. Their primary mission is to provide senior-focused housing and assisted living services, enabling elderly individuals to maintain independence while benefiting from available support as their needs evolve. In 2022, the organization served 79 seniors, totaling 19,419 resident days. Regulated by the New York State Department of Health, Cedarbrook is affiliated with Sitrin Health Care Center, ensuring adherence to high standards of care. With a team of 85 employees, Cedarbrook Village Incorporated offers a supportive environment for its senior residents, ensuring they receive the care and attention they require to live comfortably and securely. By providing a range of services tailored to the needs of seniors, this organization aims to enhance the quality of life for its residents, fostering a sense of community and empowerment.


Official website here: www.sitrin.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Star rating)

Cedarbrook Village Incorporated has achieved an impressive Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and financial management. The organization scored 96% in the Accountability & Finance category, indicating that it operates with a high level of transparency and integrity. Key factors contributing to this rating include a fully independent board and no reported material diversions of assets.

The nonprofit demonstrates excellent practices in various governance aspects, including full compliance with policies related to conflict of interest and whistleblower protections. Its program expense ratio stands at 88.14%, suggesting that a significant portion of its funds is allocated towards its mission-driven activities, which is a positive indicator of efficiency and effectiveness.

While the organization maintains a strong financial standing with a liabilities to assets ratio of 36.06%, it is essential for potential supporters to consider the overall impact and effectiveness of its programs in relation to the funding provided. Overall, Cedarbrook Village Incorporated appears to be a well-managed and transparent nonprofit, likely to inspire confidence in its stakeholders.


This AI summary has been generated from information found on Charity Navigator.

Is Cedarbrook Village Incorporated legitimate?

Cedarbrook Village Incorporated is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cedarbrook Village Incorporated submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $140,521
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,080,067

For more financial information, click here


Official website here: www.sitrin.com

What is the mission statement of Cedarbrook Village Incorporated?

Cedarbrook Village Incorporated, a licensed assisted living provider, is committed to providing senior enriched housing and assistance to individuals aged 62 and above. Regulated by the New York State Department of Health, Cedarbrook is affiliated with Sitrin Health Care Center. Their mission is to enable seniors to live independently while offering support services that adapt to their evolving needs. In 2022, Cedarbrook served a total of 79 seniors, recording 19,419 resident days.


Official website here: www.sitrin.com

Who is the CEO of Cedarbrook Village Incorporated?

Christa Serafin is the Director of Cedarbrook Village Incorporated. The CEO's salary of Cedarbrook Village Incorporated is $0 and their total compensation is $283,806.


Official website here: www.sitrin.com

What is the revenue of Cedarbrook Village Incorporated?

Cedarbrook Village Incorporated's revenue in 2022 was $2,395,760.


Official website here: www.sitrin.com

Who are the executives of Cedarbrook Village Incorporated and what are their salaries?

The average compensation at Cedarbrook Village Incorporated during 2022 was $14,360. There are 85 employees at Cedarbrook Village Incorporated.


Here are 15 key members and their salaries (Cedarbrook Village Incorporated's CEO's salary is $0 and their total compensation is $283,806):


Adele Sossen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chet Cohen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Goldbas (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dr Susan Blatt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Kowalsky (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ernest Berkowitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lori Kaplan-Felice (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Smith (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marsha Silverman (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Cominsky (Vice Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Randy Rockford (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sheila Bamberger (Assitant Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steven Rosenfeld (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christa Serafin (Chief Executive Officer)
  • Compensation: $0
  • Related: $267,606
  • Other: $16,200
David Wallace (Vp Of Assisted Living)
  • Compensation: $100,789
  • Related: $0
  • Other: $7,260


Official website here: www.sitrin.com

Where can I find the form 990 for Cedarbrook Village Incorporated?

Cedarbrook Village Incorporated's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.sitrin.com

Learn more at the official website: www.sitrin.com

Mission Statement of Cedarbrook Village Incorporated

Cedarbrook Village Incorporated is dedicated to providing senior-enriched housing and assisted living programs. As a licensed assisted living provider regulated by the New York State Department of Health, Cedarbrook offers various levels of care to individuals aged 62 and above. The organization aims to allow seniors to live independently, with support services readily available as their needs evolve. In 2022, Cedarbrook served a total of 79 seniors, providing a cumulative total of 19,419 resident days of care.

Cedarbrook's mission aligns with the broader goal of ensuring that seniors can maintain their independence while receiving essential support. By offering a range of care levels, the organization caters to the diverse needs of its elderly residents, enabling them to live with dignity and comfort. Affiliated with Sitrin Health Care Center, Cedarbrook's services are designed to foster an environment that promotes the overall well-being and quality of life of its senior residents.

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Impact




October, 2024

Cedarbrook Village Incorporated significantly enhances the quality of life for seniors aged 62 and older in New Hartford, NY, by providing enriched housing and assisted living services. The organization focuses on enabling individuals to live independently while offering varying levels of care that adapt to their changing needs. In 2022, Cedarbrook demonstrated its impact by serving a total of 79 seniors, accumulating 19,419 resident days.

Its licensed assisted living program, regulated by the New York State Department of Health, ensures that residents receive necessary support and services. Cedarbrook’s collaboration with Sitrin Health Care Center further strengthens its care offerings, allowing seniors to age in place with dignity and comfort. The organization fosters a community where seniors can thrive, maintaining their independence while having access to essential assistance.




This information is meant to be a general summary of Cedarbrook Village Incorporated. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$2,395,760 (2022)
Expenses
$2,631,252 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $14,333
  • Program Service Revenue: $2,327,440
  • Gross Receipts: $2,506,152

Assets and Liabilities:

  • Total Assets: $6,223,537
  • Total Liabilities: $2,244,400
  • Net Assets: $3,979,137

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RESIDENT SERVICES

Revenue

$2,315,646

GUEST MEALS

Revenue

$4,894

APPLICATION REVENUE

Revenue

$4,500

GARAGE RENTAL

Revenue

$2,400

Organization Details

Founding Year

2004

Principal Officer

Christa Serafin

Main Address

2050 TILDEN AVE, NEW HARTFORD, NY, 134133630

NTEE Category

Code: L22 - Housing

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