Menorah Park of CNY
Legal name: Jewish Home of Central New York Residential Living Inc
Nonprofit profile at a glance
- EIN
- 222213294
- IRS 990 coverage
- 2011–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Syracuse, NY, United States
- Phone
- 3154469111
- Rating
- 78
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Supportive Housing for Older Adults
- Affiliation
- Judaism
Reported finances
- Revenue
- $1,754,934
- Expenses
- $1,768,083
- Assets
- $1,194,571
- Liabilities
- $4,667,839
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
10 people listed
Executive titles in this filing
- FRAN CIARDULLO (PRESIDENT)
- KATHLEEN STEINMANN (VICE PRESIDENT)
- RUSSELL D'AMICO (CEO)
Highest reported compensation
- RUSSELL D'AMICO (CEO): $282,036 total reported compensation
- MICHAEL RILEY (CFO): $173,699 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Menorah Park’s mission is to assure maximum independence and dignity offering a broad range of the highest quality of health, residential and community services. Menorah Park is committed to maintaining Jewish values and traditions. Our 36-acre campus is home to our independent senior living, assisted living, skilled nursing, short-term rehabilitation facilities. Menorah Park’s Homecare, adult day medical program, and Syracuse Jewish Family Service, enable us to extend our reach into the community where we support older adults and their families through the aging journey. our history Over 112 years ago, an elderly Jewish man was abandoned in the basement of a local synagogue. Jewish community leadership, under the guidance of Reverend Moses J. Braude, realized the need to protect their elderly. Today Menorah Park is their legacy. Since 1912, their vision has been cultivated and has...
What it reported doing in 2024
See mission statement above
Operating model
- Revenue model
- Earned-program. 97% 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. Program spending has declined or grown slowly and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 87
- Transparency & Controls: 70
- Accountability: 95
- Sustainability: 32
- Growth: 40
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 92.9%; rating input score 93
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 1 of 6 controls in place; rating input score 17
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- 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: 8 of 9 controls in place; rating input score 89
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- 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: -0.7%; rating input score 33; 33rd percentile among comparable filings
- Total-asset coverage ratio: 0.68; rating input score 31; 31st percentile among comparable filings
- Liabilities to assets ratio: 3.91; rating input score 1; 1st percentile among comparable filings
- Officer compensation ratio: 1%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: -3.2% per year; rating input score 0; 10th percentile among comparable filings
- Revenue growth: 0.4% per year; rating input score 100; 16th percentile among comparable filings
- Asset growth: -5.5% 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 · 92.9% of spending went to programs
- Governance: 8 of 8 board members independent · 8 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.6M in reported program spending
- Leadership: top reported pay $282K · 10 people listed · 1 of 6 pay-setting controls reported
- Consistency: 28 of 28 current checks pass
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- 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 — Growth: Program expense growth scored 0/100.
- Moderate — Sustainability: Operating margin scored 33/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 31/100.
- High — Growth: Asset growth scored 0/100.
- Review — Accountability: Governance controls: Other executive compensation review process not reported.
- High — Sustainability: Liabilities to assets ratio scored 1/100.