Hooverwood Living

Nonprofit profile at a glance

EIN
351415581
IRS 990-EZ coverage
2022–2025
Official website data refreshed
Sep 2026
Forms available
Form 990 2021, Form 990-EZ 2025
Location
Indianapolis, IN, United States
Phone
317-251-2261, 317-257-8423
Rating
85
Verdict
STRONG
Rating confidence
Moderate
Sector
Single Organization Support
Affiliation
Judaism

Official website

Reported finances

Revenue
$48,089
Expenses
$88,745
Assets
$478,085
Liabilities
$0

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

Leadership & pay

12 people listed

Executive titles in this filing

  • Shelley Kahn (President)
  • Sheila Greenwald (Vice President)
  • Cindi Koplow (Past President)

People named in this filing

  • Shelley Kahn (President)
  • Sheila Greenwald (Vice President)
  • Marcia Sklare (Treasurer)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

Hooverwood Living’s mission has remained consistent: to serve the elderly with dignity, respect and the highest standards of care. Hooverwood Living’s history dates to 1902, when our building was first established as the Jewish Shelter House. In 1929, it became the Borinstein Home, which provided care and services to the elderly. While our services have expanded considerably over the years, our mission has remained consistent: to serve the elderly with dignity, respect and the highest standards of care. Hooverwood was established at its present location in 1970 and has grown to become a well-recognized and respected facility offering skilled nursing, memory care, assisted living, adult day services and rehabilitation services. We honor our history as a Jewish nursing home, though we provide for the spiritual well-being.

What it reported doing in 2025

The Hooverwood Guild exists to promote the welfare of the residents of the Indianapolis Jewish Home, Inc. D/B/A Hooverwood, and in cooperation with the Hooverwood Board of Directors, to provide funds to make available extra amenities, activities and other necessities to benefit the residents of the facility.

Operating model

Revenue model
Donor-supported. 68% of the money available for current operations came from contributions and gifts.
Distribution model
Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and revenue has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 96
  • Transparency & Controls: 82
  • Sustainability: 43
  • Growth: 40

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 90.2%; rating input score 90

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 51st percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: -84.5%; rating input score 8; 8th percentile among comparable filings
  • Total-asset coverage ratio: 5.39; rating input score 85; 85th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 66; 66th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 56; 56th percentile among comparable filings

Growth

  • Program expense growth: 75.4% per year; rating input score 100; 95th percentile among comparable filings
  • Revenue growth: -13.6% per year; rating input score 0; 20th percentile among comparable filings
  • Asset growth: -0% per year; rating input score 0; 38th percentile among comparable filings

Details

  • What they do: 1 operating location identified
  • Where the money goes: 100% of revenue deployed · 90.2% of spending went to programs
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment · $80K in reported program spending
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 9 of 9 current checks pass
  • Schedules: 3 filed schedules
  • Filing history: 4 filing years from 2022 to 2025
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 1 filed related-organization link
  • 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 — Sustainability: Operating margin scored 8/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Officer compensation ratio scored 56/100.