Menorah Campus Independent Senior Apartm

Nonprofit profile at a glance

EIN
161376701
IRS 990 coverage
2010–2020
Forms available
Form 990 2020
Location
Getzville, NY, USA
Phone
7166393311
Rating
81
Verdict
STRONG
Rating confidence
Moderate
Sector
Supportive Housing for Older Adults

Official website

Reported finances

Revenue
$5,718,292
Expenses
$7,646,429
Assets
$230,603
Liabilities
$17,381,894

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

17 people listed

Executive titles in this filing

  • ROBERT T MAYER (PRESIDENT/CEO & ASSISTANT SECRETARY)
  • DAVID DUNKELMAN (FORMER PRESIDENT/CEO)

Highest reported compensation

  • ROBERT T MAYER (PRESIDENT/CEO & ASSISTANT SECRETARY): $357,772 total reported compensation
  • DAVID DUNKELMAN (FORMER PRESIDENT/CEO): $193,616 total reported compensation
  • MATTHEW MCDOUGAL (ADMINISTRATOR): $193,473 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The mission of menorah campus, inc. D/b/a the harry and jeanette weinberg campus, is to address the full needs of older people in our region: medical, residential, emotional, financial, social, and spiritual. Menorah campus independent senior apartments, inc. Is a subsidiary of menorah campus, inc. And it provides housing options for seniors in the western New York community.

What it reported doing in 2020

Menorah campus inc. D/b/a the harry and jeanette weinberg campus ("weinberg campus") is an exempt organization and is the sole member for 8 exempt operating subsidiaries including menorah campus independent senior apartments, inc. Weinberg campus, through its operating subsidiaries, offers a variety of living options and customizable care programs to meet the needs of seniors in western New York. The services provided range from independent living apartments with supportive services available as needed to a more structured adult home setting, to social and medical day programs, short term rehabilitation, a nursing home, home care, and a mental health residence. Weinberg campus is a leader in developing thoughtful approaches to the challenges of aging and strives to create a home-like environment that assists individuals to live according to their needs and values. Weinberg campus provides services to approximately 2,000 individuals on an annual basis. Menorah campus independent senior apartments ("the apartments") provide 455 apartments for seniors in the western New York community. The apartments are provided in five distinctive settings: (1) 52 apartments for seniors who wish to enjoy a relatively independent lifestyle in beautiful apartments with tailored services designed to meet their needs; (2) 64 apartments designed for adults who wish to age in a place without concerns of housekeeping, property management, and meal preparation; (3) 96 apartments to support the full range of issues that accompanies elderly frail; (4) 120 apartments for adults who participate in managed lone-term care program; and (5) a 3-story, 123-unit senior apartment building designed to house individuals 55 and older in an active and vibrant setting. Features include: 24-hour security, activities program that provides group and individual attention for residents to enjoy, access to all campus amenities such as the gift shop, deli, banking services, computer room, barber shop and salon, and transportation to shopping community activities and off-campus visits.

Operating model

Revenue model
Earned-program. 99% of the money available for current operations came from fees and other program revenue.
Distribution model
Hybrid. The nonprofit split its reported program spending across 64% for direct work, and 36% for affiliated organizations.

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 program spending has declined or grown slowly.

Rating breakdown

  • Financial Efficiency: 83
  • Transparency & Controls: 93
  • Accountability: 95
  • Sustainability: 10
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 80.7%; rating input score 81
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd 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: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 91.7%; rating input score 92; 22nd 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: -33.7%; rating input score 3; 3rd percentile among comparable filings
  • Total-asset coverage ratio: 0.03; rating input score 1; 1st percentile among comparable filings
  • Liabilities to assets ratio: 75.38; rating input score 0; 0th percentile among comparable filings
  • Officer compensation ratio: 2.3%; rating input score 74; 74th percentile among comparable filings

Growth

  • Program expense growth: -1.3% per year; rating input score 0; 20th percentile among comparable filings
  • Revenue growth: -2.1% per year; rating input score 0; 11th percentile among comparable filings
  • Asset growth: -8.4% per year; rating input score 0; 3rd percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 80.7% of spending went to programs
  • Governance: 11 of 12 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $6.2M in reported program spending
  • Leadership: top reported pay $358K · 17 people listed · 6 of 6 pay-setting controls reported
  • Consistency: 24 of 24 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 11 filing years from 2010 to 2020
  • Contacts: How to reach this organization
  • Related organizations: 8 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.

Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.

  • High — Sustainability: Operating margin scored 3/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Total-asset coverage ratio scored 1/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 0/100.
  • High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.