Scott Street Senior Housing Complex Inc

Nonprofit profile at a glance

EIN
943228136
IRS 990 coverage
2011–2023
Forms available
Form 990 2023
Location
San Francisco, CA, USA
Phone
4153455060
Rating
78
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Senior Citizens' Housing/Retirement Communities

Official website

Reported finances

Revenue
$8,414,614
Expenses
$8,698,300
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2023. Amounts in USD.

Leadership & pay

19 people listed

Executive titles in this filing

  • JIM SHAPIRO (PRESIDENT)
  • JOSH SMITH (VICE-PRESIDENT)
  • IRA KURTZ (EXECUTIVE DIRECTOR)
  • ADRIENNE FAIR (ASSISTANT EXECUTIVE DIRECTOR)

Highest reported compensation

  • IRA KURTZ (EXECUTIVE DIRECTOR): $358,367 total reported compensation
  • ERIC LUU (CFO): $212,611 total reported compensation
  • CANDIECE MILFORD (DIRECTOR OF MARKETING): $193,485 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2023. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Scott street senior housing complex, inc, dba rhoda goldman plaza (the plaza) was established by jewish family and children's services (jfcs) and mount zion health fund (mzhf) as an assisted living facility providing housing with supportive services for the frail elderly in an environment that promotes their independence at an affordable cost.

What it reported doing in 2023

Building maintenance, housekeeping & resident services: rhoda goldman plaza is located in san francisco and houses 153 units, including 35 units for residents with dementia or alzheimer's disease. Residents in assisted living are persons who wish to maintain as much independence as possible, yet also to benefit from living in a vibrant community that meets their social and emotional needs. Residents are provided quality care tailored to their individual needs enriched by jewish culture and tradition, and in an atmosphere dedicated to promoting their health and well-being in-mind, body and spirit. Recreational and educational programs are ongoing on a daily basis, seven days a week. Favorite activities include exercise classes, current event discussions and lectures, arts and crafts classes, parlor games, musical performances and movie screenings. Housekeeping services are provided to all residents. Assistance with routine paperwork is provided to residents. Residents and family members are provided assistance in solving problems that emerge as residents become increasingly frail.

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. Expenses are high relative to revenue and total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 76
  • Transparency & Controls: 77
  • Accountability: 100
  • Sustainability: 14
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 86%; rating input score 86
  • Program expense ratio: 85.2%; rating input score 85
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • 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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th 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: -3.4%; rating input score 25; 25th percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 15.3%; rating input score 17; 17th percentile among comparable filings

Growth

  • Program expense growth: 4.2% per year; rating input score 100; 37th percentile among comparable filings
  • Revenue growth: 1.9% per year; rating input score 100; 22nd percentile among comparable filings
  • Asset growth: -4.7% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: 86% of revenue deployed · 85.2% of spending went to programs
  • Governance: 12 of 12 board members independent · 9 of 9 filing controls reported
  • Programs: 3 filed program accomplishments · $7.4M in reported program spending
  • Leadership: top reported pay $358K · 19 people listed · 3 of 6 pay-setting controls reported
  • Highest-paid contractors: 3 contractors listed · $305K reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 13 filing years from 2011 to 2023
  • Contacts: How to reach this organization
  • Money network: 7 filed money-flow records
  • 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 — Sustainability: Operating margin scored 25/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 17/100.