Brookmeade Community Foundation Inc

Nonprofit profile at a glance

EIN
454813106
IRS 990 coverage
2014–2025
Forms available
Form 990 2025, Form 990-EZ 2015
Location
Rhinebeck, NY, USA
Phone
8458762071
Rating
61
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Philanthropy, Voluntarism, and Grantmaking Foundations N.E.C.

Official website

Reported finances

Revenue
$2,065,699
Expenses
$27,869
Assets
$2,708,589
Liabilities
$57,122

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • CAROLYN BERNITT (PRESIDENT)
  • MICHAEL J GREEN (VICE PRESIDENT)
  • KAREN STRITT (CEO)

Highest reported compensation

  • KAREN STRITT (CEO): $929,463 total reported compensation
  • ANTOINE CHISHOLM (DIRECTOR OF FINANCE): $172,668 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

To provide resources and assistance to aid the corporations that are a part of the community at brookmeade organization, in the management, planning and coordination of nursing home, enriched housing, assisted living, independent living, and other non-hospital services.

What it reported doing in 2025

The brookmeade community foundation, through its fundraising efforts provides significant support to the baptist home and its new day program. The baptist home is a non-profit corporation whose purpose and mission is to enchance the sanctity of life for the aged by promoting and providing quality care in a loving environment that supports their social, medical and spirtual needs while encouraging independence and self-development. The baptist home is one of the premiere long-term care facilities in dutchess county, receiving the highest honor of a 5 star rating from the center of medicare and medicaid services. The baptist home has an award winning and innovative activities program new day (nurturing everyone with diverse activities year-round). New day is an innovative and therapeutic program unique to the baptist home at the community at brookmeade. It is a person-centered activities program providing a structured and nurturing environment administered by trained professionals which offers partcipants the liberty to pursue independent leisure activities. This program allows our residents to fill their days with the expression of feelings and creativity, freedom of movement, and the opportunity to exercise individual choice. New day has incorporated art therapy and "music & memory", a nationally recognized program found to be effective in reconnecting those with dementia to the work around them. The positive and measurable results of new day have resulted in -reduced use of psycho-pharmaceutical medications - fewer incidents and accidents- reduced use of restraints to 0% - increased resident independence, mobility, communication, socialization, healthy weights, and positive interpersonal relationships. All of these factors positively impact the quality of life experienced by our residents.

Operating model

Revenue model
Donor-supported. 99% of the money available for current operations came from contributions and gifts.
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.

The verdict

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 28
  • Transparency & Controls: 75
  • Accountability: 100
  • Sustainability: 85
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 1.7%; rating input score 2
  • Program expense ratio: 80%; rating input score 80
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 91.7%; rating input score 92; 9th percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 9 of 9 controls in place; rating input score 100
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 98.7%; rating input score 100; 100th percentile among comparable filings
  • Total-asset coverage ratio: 97.19; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 71; 71st percentile among comparable filings
  • Officer compensation ratio: 207.7%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: -16.8% per year; rating input score 0; 2nd percentile among comparable filings
  • Revenue growth: 21% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: 27.3% per year; rating input score 100; 91st percentile among comparable filings

Details

  • Where the money goes: 1.7% of revenue deployed · 80% of spending went to programs
  • Governance: 7 of 7 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $22K in reported program spending
  • Leadership: top reported pay $929K · 9 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 18 of 19 current checks pass · 1 finding to review
  • Schedules: 7 filed schedules · includes major donors and executive pay
  • Filing history: 10 filing years from 2014 to 2025
  • Contacts: How to reach this organization
  • Money network: Resolved incoming and outgoing counterparties from filed money flows.
  • Related organizations: 7 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 — Financial Efficiency: Mission deployment rate scored 2/100.
  • High — Growth: Program expense growth scored 0/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 0/100.