Morselife Health System Inc

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

EIN: 650018299 ✦ West palm beach, FL ✦ Designated as a 501(c)(3)

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Overview

What is Morselife Health System Inc?

Morselife Health System Inc is a nonprofit organization based in West Palm Beach, Florida, with a mission to enhance senior living in the spirit of Jewish tradition. Established in 2013, the company functions as a disregarded entity, providing management services to affiliated senior care companies. With a workforce of 92 employees, Morselife Health System aims to provide comprehensive healthcare, housing, and support services for seniors residing in Palm Beach County. The organization's activities encompass a holistic approach that ensures seniors receive the care, shelter, and assistance they need to enjoy their later years.


Official website here: www.morselife.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 56%

Morselife Health System Inc has received a One-Star out of Four Star rating from Charity Navigator, indicating significant concerns regarding its financial management and accountability. While the organization demonstrates strengths in governance, including a fully independent board and comprehensive policies like conflict of interest and whistleblower protections, these positives are overshadowed by poor financial ratios. The program expense ratio is particularly low at 24.23%, suggesting that a minimal portion of funds is directed towards its mission-driven activities.

Additionally, the charity's liabilities to assets ratio of 8.56% raises red flags about its financial stability. Despite the presence of an audit and oversight committee and transparency in board meeting minutes, the lack of tax form availability on its website further complicates the organization’s accountability profile. This missing information could impede potential donors from making informed decisions.

Overall, while Morselife Health System Inc exhibits commendable governance practices, the financial indicators suggest a need for improvement in fund allocation and fiscal management to enhance its overall rating and effectiveness in serving its community.


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

Is Morselife Health System Inc legitimate?

Morselife Health System Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Morselife Health System 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: $446,404
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,649,251

For more financial information, click here


Official website here: www.morselife.org

What is the mission statement of Morselife Health System Inc?

Morselife Health System Inc is committed to improving the living experience of seniors, upholding the values of Jewish tradition. They provide healthcare, housing, and support services to enhance the quality of life for this demographic. Established in 2013, the organization offers management services to affiliated companies, ensuring efficient and effective care. Their mission is centered around creating a supportive environment that caters specifically to the needs of seniors. Through various offerings, they aim to promote wellbeing, dignity, and independence.


Official website here: www.morselife.org

Who is the CEO of Morselife Health System Inc?

Keith A Myers is the President/Chief Executive of Morselife Health System Inc. The CEO's salary of Morselife Health System Inc is $0 and their total compensation is $0.


Official website here: www.morselife.org

What is the revenue of Morselife Health System Inc?

Morselife Health System Inc's revenue in 2022 was $13,921,488.


Official website here: www.morselife.org

Who are the executives of Morselife Health System Inc and what are their salaries?

The average compensation at Morselife Health System Inc during 2022 was $33,648. There are 92 employees at Morselife Health System Inc.


Here are 23 key members and their salaries (Morselife Health System Inc's CEO's salary is $0 and their total compensation is $0):


Stephen A Levin (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
David S Mack (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terri C Sriberg (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mitchell Rubenstein (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert A Meister (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Jacobs (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Jaffe (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stanley M Katz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arthur S Loring (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Margolis (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edward Pantzer (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
S Lawrence Schlager (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Sharf (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sanford Sirulnick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Susan Friedman (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith A Myers (President/Chief Executive)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hong Chae (Chief Financial Officer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Kropp Jr (Vp Of Human Resources)
  • Compensation: $398,996
  • Related: $0
  • Other: $28,885
Randy Wolan (Controller)
  • Compensation: $203,370
  • Related: $0
  • Other: $25,754
Michael Schultz (Director Of It)
  • Compensation: $162,232
  • Related: $0
  • Other: $19,425
Tiffany Thompson (Director Of Human Resource)
  • Compensation: $154,083
  • Related: $0
  • Other: $11,565
Sandra Schelkopf (Assistant Controller)
  • Compensation: $118,824
  • Related: $0
  • Other: $8,187
Palmer Shannian (Sr Advisor,Hr)
  • Compensation: $100,386
  • Related: $0
  • Other: $8,635


Official website here: www.morselife.org

Where can I find the form 990 for Morselife Health System Inc?

Morselife Health System Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.morselife.org

Learn more at the official website: www.morselife.org

Mission Statement of Morselife Health System Inc

Morselife Health System Inc, a dedicated organization, is committed to enhancing the living experience of seniors in Palm Beach County, adhering to the values of Jewish tradition. This nonprofit was established in 2013, providing management services to its affiliated companies.

At the heart of Morselife Health System Inc's mission lies the provision of healthcare, housing, and support services for senior citizens. In this caring and compassionate environment, seniors can find comfort and security as they navigate the challenges of aging. The organization's deep-rooted commitment to Jewish tradition adds a unique and meaningful dimension to the services it offers.

Morselife Health System Inc's team of professionals puts their hearts into ensuring that seniors receive the best possible care. Whether it's through top-notch healthcare facilities or comfortable housing arrangements, the organization goes the extra mile to cater to each senior's needs. The support services that Morselife Health System Inc offers further enrich seniors' lives, enabling them to live with dignity and independence. The organization's unwavering dedication to the well-being of seniors sets it apart as a beacon of hope and compassion in the community.

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Impact




October, 2024

Morselife Health System Inc significantly impacts the lives of seniors in Palm Beach County by providing comprehensive healthcare, housing, and support services tailored to their unique needs. Founded to enhance senior living while honoring Jewish traditions, the organization is committed to delivering quality care and fostering a supportive community.

Through its affiliated companies, Morselife Health System offers a range of services, including health management, assistance with daily living activities, and social engagement opportunities. This holistic approach not only addresses the physical health of seniors but also promotes mental and emotional well-being, ensuring a higher quality of life.

By focusing on the specific requirements of the elderly population, Morselife plays a crucial role in improving their overall well-being, empowering them to live fulfilling lives in comfortable environments that respect their cultural values. The organization's ongoing mission contributes to the betterment of the senior community in West Palm Beach and beyond.




This information is meant to be a general summary of Morselife Health System 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
$13,921,488 (2022)
Expenses
$13,298,527 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $264,928
  • Program Service Revenue: $13,592,034
  • Gross Receipts: $13,921,488

Assets and Liabilities:

  • Total Assets: $10,528,927
  • Total Liabilities: $1,093,895
  • Net Assets: $9,435,032

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Programs

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

MANAGEMENT FEE INCOME

Revenue

$13,592,034

Organization Details

Founding Year

1987

Principal Officer

Keith A Myers

Main Address

4847 DAVID S MACK DRIVE, WEST PALM BEACH, FL, 33417

NTEE Category

Code: E91 - Health

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