Daughters of Sarah Housing Company Inc

What it reported doing in 2024

Daughters of sarah housing company is authorized to operate an enriched housing program and assisted living facility for elderly adults as licensed by the New York state department of health and an independent housing facility for senior citizens. Daughters is a 56 unit facility providing for the personal care and security needs of frail and disabled seniors, a number of whom are indigent. By meeting all of the personal care needs of our residents in a warm, clean, loving and inviting environment, daughters insures that its residents are able to live and age in a dignified, respectful, and self-independent manner appropriate to their health condition and personal requirements. The goal of the services provided is to enable the residents to maximize their independence and enrich the quality of their lives. Programs that all meld to achieve our goal include: the availability of round the clock personal care staff, case management, kosher meals prepared in accordance with jewish dietary laws, daily activity programming for both physical and mental stimulation appropriate to resident acuity levels, regular entertainment programs, weekly jewish sabbath services, celebration of all jewish holidays (and coordination of activities around the holiday themes), trips and excursions to community programs and other scheduled events calculated to bring happiness to the lives of our residents. Residents are treated as unique individuals and all have personalized care plans that identify the services that they will receive. As their care needs change the plans are adjusted accordingly. Daughters further offers respite care to adults in the community. This short-term service provides up to thirty days of a loving, safe, appropriately monitored care in an assisted living facility for individuals needing and desiring to experience such a level of care.

Financial Efficiency

• Mission deployment rate: 71.5%; rating input score 72
• Program expense ratio: 83.2%; rating input score 83
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 92.9%; rating input score 93; 13th percentile among comparable filings
• Pay-setting controls: 6 of 6 controls in place; rating input score 100
  • Compensation committee: Pass
  • Independent consultant: Pass
  • Other Form 990s reviewed: Pass
  • Written employment contract: Pass
  • Compensation survey or study: Pass
  • Board or committee approval: Pass
• Foreign activity oversight: Limited
• Grant itemization coverage: 100%; rating input score 100; 72nd percentile among comparable filings
• 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: 10.8%; rating input score 64; 64th percentile among comparable filings
• Total-asset coverage ratio: 3.19; rating input score 75; 75th percentile among comparable filings
• Liabilities to assets ratio: 0.04; rating input score 72; 72nd percentile among comparable filings
• Officer compensation ratio: 2.1%; rating input score 75; 75th percentile among comparable filings

Growth

• Program expense growth: 1.6% per year; rating input score 100; 20th percentile among comparable filings
• Revenue growth: 3% per year; rating input score 100; 27th percentile among comparable filings
• Asset growth: 1.8% per year; rating input score 100; 19th percentile among comparable filings