Morningside Retirement and Health Services Inc
Nonprofit profile at a glance
- EIN
- 136206256
- IRS 990 coverage
- 2011–2024
- Forms available
- Form 990 2024
- Location
- New York, NY, USA
- Phone
- 2126664000
- Rating
- 81
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- In-Home Assistance
Reported finances
- Revenue
- $1,633,058
- Expenses
- $1,021,345
- Assets
- $3,925,037
- Liabilities
- $156,421
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
17 people listed
Executive titles in this filing
- TONIA PAPKE WATERBURY (VICE PRESIDENT)
- ROBERT HILL (FORMER PRESIDENT/FORMER BOARD MEMBER)
- B CHANDRASEKARAN (PRESIDENT)
- RON BRUNO (EXECUTIVE DIRECTOR)
Highest reported compensation
- RON BRUNO (EXECUTIVE DIRECTOR): $128,535 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The prupose of the organization is to provide services to frail and at-risk elderly residents to enable them to remain comfortably in their own homes for as long as possible. Mrhs also offers a variety of social, educational and recreational programs for older adults.
What it reported doing in 2024
Morningside retirement and health services (mrhs) is a norc (naturally occurring retirement community) program that enables older adults to remain living safely and comfortably in their own homes and community. Mrhs accomplishes this by providing a range of social services and healthcare services on site, as well as a range of health promotion activities. Mrhs serves more than 300 residents each year with an on-site staff consisting of social workers, a nurse, a part-time home health aide, a volunteer coordinator, an office manager and more than 100 volunteers, most of whom are older adults themselves. The professional staff provides an array of health care and social work services, which include case management, nursing care, medical and behavioral health consultations, benefits counseling, home evaluations, home care and hospital discharge planning, and liaison with families, lawyers, physicians, and financial planners. In addition, educational, recreational, and social activities are offered - many of them planned and led by older adult volunteers. Programs include an array of exercise programs, writing and arts classes, book and current event discussion groups, films and videos, intergenerational programs, guest speakers, special events and special programming for people with memory challenges.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- 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
STRONG - The filed numbers largely add up and a large share of total spending goes to programs. A relatively small share of available resources goes toward mission work and some filed totals do not add up.
Rating breakdown
- Financial Efficiency: 62
- Transparency & Controls: 92
- Accountability: 100
- Sustainability: 75
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 49.6%; rating input score 50
- Program expense ratio: 75.6%; rating input score 76
- Fundraising efficiency: $48.67 raised per $1 spent on fundraising; rating input score 77; 77th percentile among comparable filings
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- 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 8 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: NotApplicable
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 37.5%; rating input score 88; 88th percentile among comparable filings
- Total-asset coverage ratio: 3.84; rating input score 80; 80th percentile among comparable filings
- Liabilities to assets ratio: 0.04; rating input score 55; 55th percentile among comparable filings
- Officer compensation ratio: 12.6%; rating input score 29; 29th percentile among comparable filings
Growth
- Program expense growth: 4.8% per year; rating input score 100; 41st percentile among comparable filings
- Revenue growth: 6.1% per year; rating input score 100; 50th percentile among comparable filings
- Asset growth: 7.8% per year; rating input score 100; 51st percentile among comparable filings
Details
- Where the money goes: 49.6% of revenue deployed · 75.6% of spending went to programs
- Governance: 14 of 14 board members independent · 8 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $772K in reported program spending
- Leadership: top reported pay $129K · 17 people listed
- Consistency: 28 of 29 current checks pass · 1 finding to review
- Schedules: 4 filed schedules · includes major donors
- Filing history: 13 filing years from 2011 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: Filed and resolved organization relationships.
- 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.
- Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
- Review — Financial Efficiency: Mission deployment rate scored 50/100.
- Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.
- High — Sustainability: Officer compensation ratio scored 29/100.
- Review — Sustainability: Liabilities to assets ratio scored 55/100.