The New Jewish Home

Legal name: Jewish Home Lifecare University Avenue Assisted Living Inc

Nonprofit profile at a glance

EIN
273960910
IRS 990 coverage
2011–2024
Official website data refreshed
Sep 2026
Forms available
Form 990 2024, Form 990-N 2010
Location
New York, NY, USA
Phone
1-800-544-0304
Rating
74
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Senior Citizens' Housing/Retirement Communities
Affiliation
Judaism

Official website

Reported finances

Revenue
$3,083,059
Expenses
$4,628,830
Assets
$20,708,892
Liabilities
$3,602,893

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

Leadership & pay

8 people listed

Executive titles in this filing

  • JEFFREY I FARBER MD (PRESIDENT AND CEO)

Highest reported compensation

  • JEFFREY I FARBER MD (PRESIDENT AND CEO): $1,116,400 total reported compensation
  • MARK WEISS (CFO): $568,601 total reported compensation
  • CATHERINE BURKE (DIRECTOR, ASSISTED LIVING): $119,008 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

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

University avenue assisted living is a high-quality living option for medically and income eligible bronx seniors aged 65 and older who are independent yet require support services. The building is located at 2553 university avenue, bronx, ny 10468 completed in fall of 2013, the 72-bed facility features handicapped accessible studio apartments, each with a kitchenette and private bathroom. The building has dining and program spaces. Residents receive three meals daily, weekly housekeeping, personal care and medication assistance, on-site nursing services and physician visits, social work services and 24-hour security. Individuals continue to enjoy their independent lifestyle while receiving the care and support they need. For more information, visit: www jewishhome.org.

Operating model

Revenue model
Earned-program. 98% 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.

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 expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 65
  • Accountability: 77
  • Sustainability: 35
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 89.9%; rating input score 90
  • 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: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 60%; rating input score 60; 9th 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: -50.1%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 4.47; rating input score 82; 82nd percentile among comparable filings
  • Liabilities to assets ratio: 0.17; rating input score 47; 47th percentile among comparable filings
  • Officer compensation ratio: 7.1%; rating input score 41; 41st percentile among comparable filings

Growth

  • Program expense growth: 8.5% per year; rating input score 100; 58th percentile among comparable filings
  • Revenue growth: -6.9% per year; rating input score 0; 2nd percentile among comparable filings
  • Asset growth: 1.6% per year; rating input score 100; 18th percentile among comparable filings

Details

  • What they do: 2 programs and campaigns described on the official site
  • Where the money goes: 100% of revenue deployed · 89.9% of spending went to programs
  • Governance: 3 of 5 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $4.2M in reported program spending
  • Leadership: top reported pay $1.1M · 8 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 1 contractor listed · $312K reported
  • Consistency: 31 of 31 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 13 filing years from 2011 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 21 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.
  • High — Sustainability: Operating margin scored 2/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Sustainability: Officer compensation ratio scored 41/100.
  • Moderate — Sustainability: Liabilities to assets ratio scored 47/100.