NonprofitsDaughters Of Sarah Housing Company Inc

Human Services

Daughters Of Sarah Housing Company Inc

ALBANY, NY

Total revenue

$5.3M

Total expenses

$4.8M

Net assets

$14.5M

Grants received

$395K

6 grants

EIN

141805236

Tax year

2024

Mission

The mission of the daughters of sarah housing company, inc. Is to enhance the quality of life, assure the safety and dignity, and foster the independence of those we serve, through residential, personal care, health and other services, consistent with jewish values and traditions. It's authorized activities include operating an enriched housing program, assisted living facility, and enhanced assisted living facility for elderly adults as licensed by the new york state department of health, and an independent housing facility for senior citizens.

Programs

2 programs

We provide scholarships to residents whose ability to pay for the cost of their care is diminished, and whose overall financial resources are generally less than fifty percient (50%) of the average resources of the general population in the surrounding areas. The scholarships are based on a five (5) year retrospective review of an applicant's bank and related records. Qualifying applicants will receive scholarships through support from the harry and jeanette weinberg scholarship endowment, which was established and is maintained for this purpose with the daughters of sarah jewish foundation, inc. These scholarships enable residents to remain in a care setting more appropriate to their personal needs. Without scholarship support, qualifying residents might otherwise be compelled to transfer to a more restrictive, more expensive, and unnecessary health care setting -- but one that is paid for by federal and state governments, such as a nursing home. The scholarships enable us to help reduce the burden on governmental resources and preserve the dignity and independence of residents.

Expenses: $11KGrants: $11K

We are engaged in an ongoing process to review campus-wide operations and study the feasability, desirability, and viability of expanding such operations to incorporate other levels of assisted living, independent living, community based matters, and other potential mission related lines of health care services. In that context, daughters has been licensed by the nys department of health as an enhanced assisted living facility, which enables us to further assist elder residents with the challenges of daily living without requiring them to transfer to more expensive and more restrictive levels of health care.

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Financials

FY 2024

Revenue

Contributions & grants$42K
Program service revenue$5.1M
Investment income$192K
Other revenue$365
Total revenue$5.3M

Expenses

Grants paid$600K
Salaries & benefits$2.8M
Fundraising
Other expenses$1.3M
Total expenses$4.8M
Total assets$15.2M
Net assets$14.5M

People

14 listed

NameRoleCompensation

KAREN LOBEL

CHAIR

Board

2 hrs/wk

ROBERT FINKLE

VICE-CHAIR

Board

2 hrs/wk

DANIEL SANDERS

TREASURER

Board

2 hrs/wk

ELLEN SCHWARTZ

SECRETARY

Board

2 hrs/wk

JODY FERENCE

BOARD MEMBER

Board

1 hrs/wk

ED MARINSTEIN

BOARD MEMBER

Board

1 hrs/wk

KAREN GLASER

BOARD MEMBER

Board

1 hrs/wk

ZALMAN SIMON

BOARD MEMBER

Board

1 hrs/wk

IRA LOBEL

BOARD MEMBER

Board

1 hrs/wk

CARYN POSKANZER

BOARD MEMBER

Board

1 hrs/wk

RICH SOKOLER

BOARD MEMBER

Board

1 hrs/wk

DEBORAH STAYMAN

BOARD MEMNER

Board

1 hrs/wk

MARK KOBLENZ

CEO - See Schedule J Part III

Staff

11 hrs/wk

COURTNEY MULSON

CFO - see Schedule J Part III

Staff

5 hrs/wk

Independent contractors

UNIDINE

FOOD SERVICE

$360K

LANDMARK FLOORING

FLOORING

$130K

US FOODS

FOOD SERVICE

$109K

Grants received

Showing 6 of 6

FromAmountPurposeYear
$27K
$11,004 IN SCHOLARSHIP
2024
$13K
$5,810 IN SCHOLARSHIP
2023
$52K
$52,465 IN SCHOLARSHIP
2022
$141K
$140,545 IN SCHOLARSHIP
2021
$152K
$146,500 IN SCHOLARSHIP AND $5,320 IN TUITION ASSISTANCE
2020

Funded by

$395K from 1 funder · 6 grants · 2018–2024

Daughters Of Sarah Jewish Foundation Inc

$395K · 6 grants · 2018–2024

Details

EIN141805236
NTEE codeP75
Subsection03
Ruling date2000-04
Formed1998
Employees94
Volunteers20
DAUGHTERS OF SARAH HOUSING COMPANY INC — Mission, Financials & Grants Received | Grantivo