New York Foundation for Senior Citizens
Legal name: New York Foundation for Senior Citizens Home Attendant Services Inc
Nonprofit profile at a glance
- EIN
- 133083582
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- New York, NY, United States
- Phone
- (212) 962-7559
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
Reported finances
- Revenue
- $48,238,348
- Expenses
- $43,988,790
- Assets
- $33,443,581
- Liabilities
- $7,006,931
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- ELIZABETH R TOZER (PRESIDENT)
- LINDA R HOFFMAN (CHIEF EXECUTIVE OFFICER)
- LISA ALLI (VICE PRESIDENT)
Highest reported compensation
- LINDA R HOFFMAN (CHIEF EXECUTIVE OFFICER): $820,576 total reported compensation
- ROLANDO A BLANCO (CHIEF FINANCIAL OFFICER): $364,030 total reported compensation
- LISA ALLI (VICE PRESIDENT): $334,303 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
New York Foundation for Senior Citizens (NYFSC) is dedicated to helping New York’s older adults enjoy healthier, safer, more productive and dignified lives in their homes and communities and to help them avoid the need for premature institutionalization. NYFSC’s Access to Home Program provides substantially disabled low/moderate income New York City residents with handicap-accessible home modifications. These home modifications include, but are not limited to: walk/roll-in bathtubs/shower, wheelchair ramps/lifts, kitchen retrofitting, shelf/light lowering and doorway expansion, stair glides, non- skid flooring and relocating a bathroom or bedroom to the first floor. An electric, motorized chair life for persons with disabilities on a carpeted staircase in a residential home. Access to Home Program’s services promote substantially disabled individuals’ health, increase their...
What it reported doing in 2024
New York foundation for senior citizens home attendant services is licensed by the New York state department of health and provides over 1,300 new yorkers, who are eligible for medicaid, eisep, or medicare/medicaid, with home health aides, personal care aides, housekeeping and nursing supervision services. New York foundation for senior citizens home attendant services also administers a consumer directed personal assistance program by issuing paychecks for personal assistants who are directly employed by individuals to provide care in their homes. While the home attendant program does not employ personal assistants, it plays an important role by serving as a conduit for medicaid funds allocated to compensate them.
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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 81
- Transparency & Controls: 89
- Accountability: 100
- Sustainability: 54
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 87.8%; rating input score 88
- Program expense ratio: 96%; rating input score 96
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- Written employment contract: Missing
- Compensation survey or study: Pass
- 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; 66th 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: 8.8%; rating input score 65; 65th percentile among comparable filings
- Total-asset coverage ratio: 0.76; rating input score 27; 27th percentile among comparable filings
- Liabilities to assets ratio: 0.21; rating input score 57; 57th percentile among comparable filings
- Officer compensation ratio: 2.1%; rating input score 76; 76th percentile among comparable filings
Growth
- Program expense growth: 3.5% per year; rating input score 100; 30th percentile among comparable filings
- Revenue growth: 4.3% per year; rating input score 100; 38th percentile among comparable filings
- Asset growth: 10.9% per year; rating input score 100; 68th percentile among comparable filings
Details
- What they do: 5 programs and campaigns described on the official site
- Where the money goes: 87.8% of revenue deployed · 96% of spending went to programs
- Governance: 8 of 8 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $42.2M in reported program spending
- Leadership: top reported pay $821K · 13 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 2 contractors listed · $567K reported
- Consistency: 28 of 28 current checks pass
- Schedules: 6 filed schedules · includes major donors and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 14 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.
- 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.
- High — Sustainability: Total-asset coverage ratio scored 27/100.
- Review — Sustainability: Liabilities to assets ratio scored 57/100.