The New Jewish Home

Overview

Mission

Our mission is to empower older adults to enhance purpose and well-being through a portfolio of innovative health care services. Eight Over Eighty** showcases eight extraordinary individuals who personify the value of aging well into our 80s and beyond. We champion the importance of embracing life with meaningful intention, purpose, and an expectation of continued accomplishment. **Eight Over Eighty** was created to galvanize public attention while raising critical funds to support our mission. The 2026 Eight Over Eighty Gala** will take place on May 27, 2026 at the Ziegfeld Ballroom in NYC. 6:30 PM Cocktail Reception 7:30 PM Dinner & Program.

What it reported doing in 2024

Kittay senior apartments, a 295-unit apartment building located at 2550 webb ave., bronx, ny 10468, offers affordable living with easy access to healthcare and professional services. Kittay senior apartments provides subsidized housing for independent seniors with optional services available from third party providers to assist them with their care and personal needs. Kittay senior apartments offers many amenities designed to make seniors safe and comfortable including an emergency response system and 24-hour security, nutritious restaurant-style dining, social and educational programs, activities and trips, housekeeping services and award winning gardens. Kittay senior apartments partners with other ny-based provider organizations to offer housing and services to the older adults. Additionally, the top floor of kittay senior apartments is occupied by the muriel and harold block residence, part of the mjhs hospice. For more information on kittay senior apartments, please visit www.kittayhouse.org.

Operating model

Revenue model
Earned-program. 96% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

Nonprofit profile at a glance

EIN
132619576
IRS 990 coverage
2010–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024
Location
New York, NY, USA
Phone
1-800-544-0304
Rating
73
Verdict
SUPPORTED
Rating confidence
Moderate
Affiliation
Judaism

Official website

Reported finances

Revenue
$6,328,630
Expenses
$6,538,896
Assets
$10,084,638
Liabilities
$6,044,295

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 60
  • Accountability: 68
  • Sustainability: 36
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 99.9%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 0 of 6 controls in place; rating input score 0
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Missing
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 60%; rating input score 60; 9th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Fail
    • Other executive compensation review process: Fail
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -3.3%; rating input score 23; 23rd percentile among comparable filings
  • Total-asset coverage ratio: 1.54; rating input score 53; 53rd percentile among comparable filings
  • Liabilities to assets ratio: 0.6; rating input score 16; 16th percentile among comparable filings
  • Officer compensation ratio: 3.4%; rating input score 66; 66th percentile among comparable filings

Growth

  • Program expense growth: 5.5% per year; rating input score 100; 42nd percentile among comparable filings
  • Revenue growth: 2.6% per year; rating input score 100; 24th percentile among comparable filings
  • Asset growth: -2.8% per year; rating input score 0; 6th percentile among comparable filings

Details

  • What they do: 2 programs and campaigns described on the official site · 1 operating location identified
  • Where the money goes: 100% of revenue deployed · 99.9% of spending went to programs
  • Governance: 3 of 5 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $6.5M in reported program spending
  • Leadership: top reported pay $1.1M · 7 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $313K reported
  • Consistency: 28 of 28 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 14 annual filings from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 20 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Sustainability: Operating margin scored 23/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 53/100.
  • High — Sustainability: Liabilities to assets ratio scored 16/100.

Leadership & pay

7 people listed

Highest reported compensation

  • JEFFREY I FARBER MD (PRESIDENT AND CEO): $1,116,400 total reported compensation
  • MARK WEISS (CFO): $568,601 total reported compensation
  • ROBERT LEWIS (HOUSING DIR., BUILDING SVCS): $122,189 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024.