The Community at Brookmeade Inc
Nonprofit profile at a glance
- EIN
- 810676932
- IRS 990 coverage
- 2018–2025
- Forms available
- Form 990 2025, Form 990-N 2017
- Location
- Rhinebeck, NY, USA
- Phone
- 8458762071
- Rating
- 75
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Military, Veterans' Organizations
- Affiliation
- Christianity
Reported finances
- Revenue
- $3,162,665
- Expenses
- $2,559,822
- Assets
- $21,017,999
- Liabilities
- $18,806,667
Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.
Leadership & pay
12 people listed
Executive titles in this filing
- MICHAEL J GREEN (PRESIDENT)
- JOHN E HOEY (VICE PRESIDENT)
- KAREN STRITT (CHIEF EXECUTIVE OFFICER)
Highest reported compensation
- KAREN STRITT (CHIEF EXECUTIVE OFFICER): $929,463 total reported compensation
- ANTOINE CHISHOLM (DIRECTOR OF FINANCE): $172,668 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To enhance the quality of life for the aged by promoting quality care in a loving environment that supports their social, medical and religious needs while encouraging independence that self-development. Therefore, the corporation is formed to provide resources and assistance to aid the corporations that are a part of the community at brookmeade organization, in the management, planning and coordination of nursing home, enriched housing, assisted living, independent living, and other non-hospital services and, in connection therewith, to be operated for the benefit of, to perform the functions of, or to carry out the purposes of the community at brookmeade organization, including the baptist home of brooklyn, New York; arbor ridge at brookmeade, inc.; brookmeade community foundation, inc.; brookview, inc. ; and such other organizations that may be affiliated with the community at brookmeade organization.
What it reported doing in 2025
Related party leases.
Operating model
- Revenue model
- Other-operating. 100% of the money available for current operations came from other operating 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. Some filing-based governance responses are negative or unanswered and assets have declined or grown slowly.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 82
- Accountability: 82
- Sustainability: 68
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69.4%; rating input score 69
- Program expense ratio: 85.8%; rating input score 86
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 4 of 6 controls in place; rating input score 67
- Compensation committee: Pass
- Independent consultant: Missing
- 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: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 5 of 9 controls in place; rating input score 56
- Conflict-of-interest policy: Pass
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Fail
- 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: 19.1%; rating input score 71; 71st percentile among comparable filings
- Total-asset coverage ratio: 8.21; rating input score 87; 87th percentile among comparable filings
- Liabilities to assets ratio: 0.89; rating input score 5; 5th percentile among comparable filings
- Officer compensation ratio: 2.3%; rating input score 74; 74th percentile among comparable filings
Growth
- Program expense growth: 11% per year; rating input score 100; 64th percentile among comparable filings
- Revenue growth: 13.9% per year; rating input score 100; 77th percentile among comparable filings
- Asset growth: -3.6% per year; rating input score 0; 4th percentile among comparable filings
Details
- Where the money goes: 69.4% of revenue deployed · 85.8% of spending went to programs
- Governance: 10 of 10 board members independent · 5 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $2.2M in reported program spending
- Leadership: top reported pay $929K · 12 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 1 contractor listed · $130K reported
- Consistency: 23 of 23 current checks pass
- Schedules: 6 filed schedules · includes executive pay
- Filing history: 7 filing years from 2018 to 2025
- 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.
- Review — Accountability: Governance controls: 4 of 9 not reported.
- High — Growth: Asset growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 5/100.