Civic Intelligence

Greenwood Residences Inc

EIN 16-1345198 • 501(c)3 • Getzville, NY

Profile

The mission of menorah campus, inc. D/b/a the harry and jeanette weinberg campus, is to address the full needs of older people in our region: medical, residential, emotional, financial, social, and spiritual. Greenwood residences, inc. Is a subsidiary of menorah campus, inc. And is a community residence which provides full-time supervision in a home-like setting to 26 people who are mentally disabled.

2700 North Forest RoadGetzville, NY 14068

www.weinbergcampus.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

41st percentile

0.03x

Higher debt load relative to assets than 41% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Liabilities / Revenue

44th percentile

0.05x

Higher debt load relative to revenue than 44% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Net Margin

81st percentile

30%

Higher net margin than 81% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Top Officer Pay

96th percentile

$353,020

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 21.1% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2021

Asset Growth

61st percentile

7.8%

Faster asset growth than 61% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Revenue Growth

84th percentile

53%

Faster revenue growth than 84% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2020 to 2021

Assets

Up

$2,923,024

Up $210,941 (+7.8%) from 2020

Liabilities

Down

$83,431

Down $296,041 (-78%) from 2020

Net Assets

Up

$2,839,593

Up $506,982 (+22%) from 2020

Revenue

Up

$1,673,678

Up $582,629 (+53%) from 2020

Expenses

Up

$1,166,696

Up $10,200 (+0.9%) from 2020

Net Income

Up

$506,982

Up $572,429 (+875%) from 2020

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2010: $2,044,584Liabilities 2010: $1,220,773Net Assets 2010: $823,8112010Assets 2011: $2,221,465Liabilities 2011: $1,196,294Net Assets 2011: $1,025,1712011Assets 2012: $2,296,859Liabilities 2012: $1,074,934Net Assets 2012: $1,221,9252012Assets 2013: $2,408,723Liabilities 2013: $986,104Net Assets 2013: $1,422,6192013Assets 2014: $2,433,864Liabilities 2014: $857,219Net Assets 2014: $1,576,6452014Assets 2015: $2,522,683Liabilities 2015: $718,431Net Assets 2015: $1,804,2522015Assets 2016: $2,696,437Liabilities 2016: $731,777Net Assets 2016: $1,964,6602016Assets 2017: $2,559,499Liabilities 2017: $441,616Net Assets 2017: $2,117,8832017Assets 2018: $2,629,041Liabilities 2018: $357,302Net Assets 2018: $2,271,7392018Assets 2019: $2,613,543Liabilities 2019: $215,485Net Assets 2019: $2,398,0582019Assets 2020: $2,712,083Liabilities 2020: $379,472Net Assets 2020: $2,332,6112020Assets 2021: $2,923,024Liabilities 2021: $83,431Net Assets 2021: $2,839,5932021

Highlighted filing

2021

Assets$2,923,024
Liabilities$83,431
Net Assets$2,839,593

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $900,0862010Expenses 2011: $919,6982011Expenses 2012: $947,0282012Revenue 2013: $1,167,802Expenses 2013: $967,108Net Income 2013: $200,6942013Revenue 2014: $1,168,685Expenses 2014: $1,014,659Net Income 2014: $154,0262014Revenue 2015: $1,278,410Expenses 2015: $1,050,803Net Income 2015: $227,6072015Revenue 2016: $1,197,496Expenses 2016: $1,037,088Net Income 2016: $160,4082016Revenue 2017: $1,209,005Expenses 2017: $1,055,782Net Income 2017: $153,2232017Revenue 2018: $1,265,099Expenses 2018: $1,111,243Net Income 2018: $153,8562018Revenue 2019: $1,245,572Expenses 2019: $1,119,253Net Income 2019: $126,3192019Revenue 2020: $1,091,049Expenses 2020: $1,156,496Net Income 2020: -$65,4472020Revenue 2021: $1,673,678Expenses 2021: $1,166,696Net Income 2021: $506,9822021

Highlighted filing

2021

Revenue$1,673,678
Expenses$1,166,696
Net Income$506,982

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2021 to Dec 31, 2021
Signed
Oct 19, 2023
Return Version
2021v4.0
Gross Receipts
$1,673,678
Mission and Program Overview

Mission

The mission of Menorah Campus, Inc., d/b/a the Harry and Jeanette Weinberg Campus, is to address the full needs of older people in our region: medical, residential, emotional, social, and spiritual. Greenwood Residences, Inc. is a subsidiary of the Menorah Campus and is a community residence which provides full-time supervision in a home-like setting to 26 people who are mentally disabled.

The mission of menorah campus, inc. D/b/a the harry and jeanette weinberg campus, is to address the full needs of older people in our region: medical, residential, emotional, financial, social, and spiritual. Greenwood residences, inc. Is a subsidiary of menorah campus, inc. And is a community residence which provides full-time supervision in a home-like setting to 26 people who are mentally disabled.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$692,454$646,394▼ $46,060
Cash and Non-Interest-Bearing Accounts$666,348$452,615▼ $213,733
Accounts Receivable$152,754$91,661▼ $61,093
Total Assets$2,712,083$2,923,024▲ $210,941
Other Assets Total$1,200,527$1,732,354▲ $531,827
Liabilities
Other Liabilities$295,546--
Accounts Payable and Accrued Expenses$83,926$83,431▼ $495
Total Liabilities$379,472$83,431▼ $296,041
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$2,332,611$2,839,593▲ $506,982
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$2,332,611$2,839,593▲ $506,982
Total Liabilities and Net Assets / Fund Balance$2,712,083$2,923,024▲ $210,941

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$402,626$816,468$0
Other Land Buildings$0$0$0
Land$99,603-$0
Equipment$144,165$597,121$0
Leasehold Improvements$0$0$0
Other Assets Org$57,324--
Compensation and Service Providers

Employees

NameTitleBaseOtherTotal
Robert T MayerPresident/CEO & Assistant Secretary$242,499$110,521$353,020
Matthew McdougalAdministrator$205,000$205,000$205,000
David DunkelmanFormer President/CEO$178,723$178,723$178,723
Melissa FeiderHr Director-$142,775$142,775

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$1,673,678
Investment Income
$0
Other Revenue
$0
Change in Net Assets
$506,982
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$791,712
Other Expenses$374,984
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$526,041$75,775-$601,816
Other Employee Benefits$128,333$18,486-$146,819
Fees for Services Management$72,000--$72,000
Depreciation Depletion$65,245--$65,245
All Other Expenses$45,043$9,231$0$54,274
Payroll Taxes$37,653$5,424-$43,077
Occupancy$40,136--$40,136
Information Technology$13,051--$13,051
Other Expenses$11,201$0$0$11,201
Office Expenses$6,877--$6,877
Conferences and Meetings$80--$80
Total Functional Expenses$1,056,617$110,079$0$1,166,696
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

S. Shapiro and j wisbaum's husband have a business relationship with one another. S. Shapiro and j wisbaum are former members of the organization's board of directors.

Form 990, Part VI, Section A, Line 6

Menorah campus, inc. Is the sole member of greenwood residences, inc. Menorah campus, inc. Elects the directors of greenwood residences, inc.

Form 990, Part VI, Section A, Line 7A

Menorah campus, inc. Is the sole member of greenwood residences, inc. Menorah campus, inc. Elects the directors of greenwood residences, inc.

Form 990, Part VI, Section A, Line 7B

Amendment of the certificate of incorporation of greenwood residences, inc. Must be approved by the members of greenwood residences, inc. Menorah campus, inc. Is the sole member of greenwood residences, inc. Menorah campus, inc. Elects the directors of greenwood residences, inc.

Form 990, Part VI, Section B, Line 11B

Governing board 990 review process: annually each member of the board of directors will review the proposed form 990 prior to submission to the appropriate agencies.

Form 990, Part VI, Section B, Line 12C

Copies of the conflict of interest policy are furnished to each director, greenwood residences, inc. 16-1345198 officer, committee member, and management employee. Each new director, officer, committee member, and management employee is advised of this policy upon undertaking his/her prospective duties. Employees are educated about the importance of the conflict of interest policy. Each director, officer, committee member, and management employee signs an annual compliance agreement acknowledging receipt of this policy and agreeing to abide by it.

Form 990, Part VI, Section B, Line 15

The determination of the president/ceo and the vp-operations' multiple-year contracts with menorah campus, inc. (sole member of greenwood residences, inc.) were based on independent analysis performed outside of the organization and were approved in 2010.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Additionally, the financial statements are available along with the 990 at www.guidestar.org

Filing and Contact Details

Filer

Filer Name
Greenwood Residences Inc
EIN
16-1345198
Phone
7166393311
Address
2700 NORTH FOREST ROAD, GETZVILLE, NY 14068

Signing Officer

Name
Robert Mayer
Title
President / CEO / CFO
Phone
7166393311
Signed
2023-10-19

Organization Details

Principal Officer
Robert T Mayer
Formed
1989
Legal Domicile
Ny
Voting Board Members
8
Independent Board Members
7
Employees
26
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The organization has not changed either its oversight or selection process during the tax year.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/ActivityOrMissionDesc0THE MISSION OF MENORAH CAMPUS, INC. D/B/A THE HARRY AND JEANETTE WEINBERG CAMPUS, IS TO ADDRESS THE FULL NEEDS OF OLDER PEOPLE IN OUR REGION: MEDICAL, RESIDENTIAL, EMOTIONAL, FINANCIAL, SOCIAL, AND SPIRITUAL. GREENWOOD RESIDENCES, INC. IS A SUBSIDIARY OF MENORAH CAMPUS, INC. AND IS A COMMUNITY RESIDENCE WHICH PROVIDES FULL-TIME SUPERVISION IN A HOME-LIKE SETTING TO 26 PEOPLE WHO ARE MENTALLY DISABLED.
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IRS990/Desc0MENORAH CAMPUS INC. D/B/A THE HARRY AND JEANETTE WEINBERG CAMPUS ("WEINBERG CAMPUS") IS AN EXEMPT ORGANIZATION AND IS THE SOLE MEMBER FOR 8 EXEMPT OPERATING SUBSIDIARIES INCLUDING GREENWOOD RESIDENCES, INC. WEINBERG CAMPUS, THROUGH ITS OPERATING SUBSIDIARIES, OFFERS A VARIETY OF LIVING OPTIONS AND CUSTOMIZABLE CARE PROGRAMS TO MEET THE NEEDS OF SENIORS IN WESTERN NEW YORK. THE SERVICES PROVIDED RANGE FROM INDEPENDENT LIVING APARTMENTS WITH SUPPORTIVE SERVICES AVAILABLE AS NEEDED TO A MORE STRUCTURED ADULT HOME SETTING, TO SOCIAL AND MEDICAL DAY PROGRAMS, SHORT TERM REHABILITATION, A NURSING HOME, HOME CARE, AND A MENTAL HEALTH RESIDENCE. WEINBERG CAMPUS IS A LEADER IN DEVELOPING THOUGHTFUL APPROACHES TO THE CHALLENGES OF AGING AND STRIVES TO CREATE A HOME-LIKE ENVIRONMENT THAT ASSISTS INDIVIDUALS TO LIVE ACCORDING TO THEIR NEEDS AND VALUES. WEINBERG CAMPUS PROVIDES SERVICES TO APPROXIMATELY 2,000 INDIVIDUALS ON AN ANNUAL BASIS. GREENWOOD RESIDENCES, INC. IS A COMMUNITY RESIDENCE WHICH PROVIDES FULL-TIME SUPERVISION IN A HOME-LIKE SETTING TO 26 PEOPLE WHO ARE MENTALLY DISABLED. GREENWOOD RESIDENCES, INC. IS NORMALLY 100% OCCUPIED WITH MEDICAID ELIGIBLE RESIDENTS. FEATURES INCLUDE 24 HOUR SUPERVISION BY TRAINED RESIDENT COUNSELORS WHO ASSIST WITH DAILY LIVING ACTIVITIES, NUTRITIONAL SERVICES (THREE MEALS PER DAY, PLUS OTHERS AS REQUIRED), ACTIVITY PROGRAM INCLUDING IN-HOUSE ACTIVITIES AS WELL AS COMMUNITY EXCURSIONS, HOUSEKEEPING, MAINTENANCE, LAUNDRY SERVICES, 24 HOUR SECURITY, AND MEETINGS WITH FAMILIES TO DISCUSS SPECIAL CARE OF RESIDENTS.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT/CEO & ASSISTANT SECRETARY
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IRS990/Form990PartVIISectionAGrp/TitleTxt3HR DIRECTOR
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IRS990/InfoInScheduleOPartXIIInd0X
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IRS990/InvestmentInJointVentureInd00
IRS990/IRPDocumentCnt00
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IRS990/LobbyingActivitiesInd00
IRS990/LocalChaptersInd00
IRS990/MaterialDiversionOrMisuseInd00
IRS990/MembersOrStockholdersInd01
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd01
IRS990/MinutesOfGoverningBodyInd01
IRS990/MissionDesc0THE MISSION OF MENORAH CAMPUS, INC. D/B/A THE HARRY AND JEANETTE WEINBERG CAMPUS, IS TO ADDRESS THE FULL NEEDS OF OLDER PEOPLE IN OUR REGION: MEDICAL, RESIDENTIAL, EMOTIONAL, FINANCIAL, SOCIAL, AND SPIRITUAL. GREENWOOD RESIDENCES, INC. IS A SUBSIDIARY OF MENORAH CAMPUS, INC. AND IS A COMMUNITY RESIDENCE WHICH PROVIDES FULL-TIME SUPERVISION IN A HOME-LIKE SETTING TO 26 PEOPLE WHO ARE MENTALLY DISABLED.
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IRS990/OfficeExpensesGrp/ProgramServicesAmt06877
IRS990/OfficeExpensesGrp/TotalAmt06877
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IRS990/OperateHospitalInd00
IRS990/Organization501c3Ind0X
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IRS990/OtherExpensesGrp/ProgramServicesAmt28071
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IRS990/ScheduleBRequiredInd00
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IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt00
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IRS990ScheduleD/EquipmentGrp/DepreciationAmt0597121
IRS990ScheduleD/EquipmentGrp/InvestmentCostOrOtherBasisAmt0741286
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt00

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