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Institute For Senior Living Of Florida Inc

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

EIN: 200904526 ✦ Bala cynwyd, PA ✦ Designated as a 501(c)(3)

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Overview

What is Institute For Senior Living Of Florida Inc?

Institute For Senior Living Of Florida Inc is a Pennsylvania-based nonprofit organization that runs skilled nursing and assisted living facilities. Dedicated to caring for patients and residents, they provide rehabilitation, long-term care, housing, and assistance for the elderly. Their mission encompasses operating nursing homes, offering housing solutions, and developing medical programs for the elderly. With a combined capacity of 679 beds and units, they offer numerous activities and programs that promote family involvement and a normalized care environment. In the current year, they have provided care for 53,939 resident days.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 0 Stars (49%)

The Institute For Senior Living Of Florida Inc has received a low rating of 49%, resulting in a Zero-Star out of Four Stars designation, primarily due to significant deficiencies in accountability and finance. The organization has no independent board members, which raises concerns about governance. Additionally, the lack of financial statements and missing tax documents further highlight transparency issues that could impact donor trust.

Despite the shortcomings in governance and documentation, the organization demonstrates a strong commitment to program expenses, with 85.97% allocated to its programs. This suggests that they prioritize spending on their intended services rather than overhead costs. Moreover, they have established conflict of interest, whistleblower, and document retention policies, indicating some level of institutional integrity.

However, the organization's financial health is concerning, as indicated by a liabilities to assets ratio of 97.78%, suggesting they may face challenges in sustaining operations. Furthermore, the salaries of key personnel appear high relative to average compensation in the nonprofit sector, which may raise questions among stakeholders about resource allocation. Overall, while there are strengths in program expenditure, the significant governance and financial management issues are critical limitations that potential supporters should consider.


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

Is Institute For Senior Living Of Florida Inc legitimate?

Institute For Senior Living Of Florida Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Institute For Senior Living Of Florida Inc 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: $108,042
Professional Fundraising Fees: $0
Other Salaries and Wages: $17,170,903

For more financial information, click here

What is the mission statement of Institute For Senior Living Of Florida Inc?

The Institute for Senior Living of Florida is committed to offering care solutions for the elderly population. Its mission encompasses the operation of nursing homes, provision of housing, and development of medical programs. The organization's primary focus is on providing rehabilitation and long-term care for patients and residents in skilled nursing and assisted living facilities. With a combined capacity of 360 beds in skilled nursing facilities and 319 units in assisted living facilities, the organization caters to a range of care requirements. Engaging family activities and involving residents and staff in various programs create a normalized care environment. During the current year, the organization facilitated 53,939 resident days.

Who is the CEO of Institute For Senior Living Of Florida Inc?

Howard Jaffe is the Administrator of Institute For Senior Living Of Florida Inc.

What is the revenue of Institute For Senior Living Of Florida Inc?

Institute For Senior Living Of Florida Inc's revenue in 2022 was $46,275,402.

Who are the executives of Institute For Senior Living Of Florida Inc and what are their salaries?

The average compensation at Institute For Senior Living Of Florida Inc during 2022 was $23,735. There are 728 employees and 3 volunteers at Institute For Senior Living Of Florida Inc.


Here are 10 key members and their salaries:


Karen Butler (Administrator)
  • Compensation: $246,387
  • Related: $0
  • Other: $0
Elena Carolina Desmond (Administrator)
  • Compensation: $184,395
  • Related: $0
  • Other: $8,329
Maria Perez-Hernandez (Administrator)
  • Compensation: $166,239
  • Related: $0
  • Other: $13,148
Samuel O Ihekwoaba (Registered Nurse)
  • Compensation: $159,548
  • Related: $0
  • Other: $0
Maria Mercedes Wynruit (Director Of Nursing)
  • Compensation: $141,446
  • Related: $0
  • Other: $8,792
Howard Jaffe (President)
  • Compensation: $49,762
  • Related: $0
  • Other: $0
Brian M Wyatt (Director)
  • Compensation: $12,222
  • Related: $0
  • Other: $0
Ann Mullen Delcollo (Director)
  • Compensation: $12,000
  • Related: $0
  • Other: $0
Nate Dudley (Director)
  • Compensation: $12,000
  • Related: $0
  • Other: $0
Penny Richmond (Director)
  • Compensation: $12,000
  • Related: $0
  • Other: $0
Where can I find the form 990 for Institute For Senior Living Of Florida Inc?

Institute For Senior Living Of Florida Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Institute For Senior Living Of Florida Inc

The Institute for Senior Living of Florida is a dedicated organization that focuses on operating nursing homes, providing housing, and developing medical programs for the elderly. With a mission to care for the elderly population, the Institute operates skilled nursing and assisted living facilities that provide rehabilitation and long-term care for patients and residents. These facilities offer a normalized care environment, promoting family involvement and activities.

The Institute's commitment to the elderly extends beyond medical care. They provide housing for those requiring lesser care, ensuring that senior citizens have access to comfortable living arrangements. In addition, the organization develops medical programs specifically designed for the elderly, demonstrating their expertise in catering to the unique needs of older adults.

Furthermore, the Institute for Senior Living of Florida prioritizes the education of healthcare personnel in the proper care of the elderly. By investing in the development of their staff, they ensure that their residents receive the highest level of care possible. The organization's dedication to the well-being of their residents is evident in their provision of numerous activities and programs, integrating family involvement and a sense of community into their care environment.

With a combined capacity of 360 beds in their skilled nursing facilities and 319 units in their assisted living facilities, the Institute for Senior Living of Florida is making a significant impact on the lives of elderly individuals. During the current year, they have provided care for a total of 53,939 resident days, demonstrating their unwavering commitment to their mission.

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Impact




October, 2024

Institute For Senior Living Of Florida Inc significantly impacts the elderly community through its dedicated operation of nursing homes and assisted living facilities. By providing skilled nursing and long-term care, the organization ensures that patients and residents receive essential rehabilitation and medical attention tailored to their specific needs.

With a combined capacity of 360 skilled nursing beds and 319 assisted living units, the organization effectively accommodates a substantial number of individuals in need of various levels of care. Over the past year, the facilities recorded 53,939 resident days, demonstrating its active role in serving the elderly population.

The organization promotes a normalized care environment by facilitating numerous activities and programs that encourage family involvement. This approach not only enhances the quality of life for residents but also fosters a sense of community and belonging. Additionally, they focus on developing medical programs and educating healthcare personnel, ensuring that all caregivers are well-prepared to meet the unique challenges of elderly care. Overall, their multifaceted services reflect a strong commitment to improving the lives of seniors and supporting their well-being.




This information is meant to be a general summary of Institute For Senior Living Of Florida Inc. 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
$46,275,402 (2022)
Expenses
$53,894,994 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $188,716
  • Program Service Revenue: $45,130,107
  • Gross Receipts: $46,275,402

Assets and Liabilities:

  • Total Assets: $115,199,259
  • Total Liabilities: $112,647,034
  • Net Assets: $2,552,225

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Programs

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

NET RESIDENT SERVICE REVENUE

Revenue

$37,349,866

ASSISTED LIVING REVENUE

Revenue

$7,728,088

OTHER PROGRAM SERVICE REVENUE

Revenue

$52,153

Organization Details

Founding Year

2004

Principal Officer

Howard Jaffe

Main Address

TWO BALA CYNWYD PLAZA 300, BALA CYNWYD, PA, 19004

NTEE Category

Code: P75 - Human services

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