Civic Intelligence

Menorah Campus Inc

990 • Fiscal year 2016 • EIN 16-1376699

Jan 01, 2016 to Dec 31, 2016 • Filed on Nov 13, 2017

2700 North Forest RoadGetzville, NY 14068-1527

(716) 639-3330

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

71st percentile

0.55x

Higher debt load relative to assets than 71% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Liabilities / Revenue

90th percentile

3.65x

Higher debt load relative to revenue than 90% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Net Margin

38th percentile

0.1%

Higher net margin than 38% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Top Officer Pay

37th percentile

$274,846

Higher top officer pay than 37% of similar nonprofits.

Top officer pay equals 2.3% of source-year revenue.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2016

Asset Growth

35th percentile

-0.9%

Faster asset growth than 35% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Revenue Growth

10th percentile

-32%

Faster revenue growth than 10% of similar nonprofits.

2016 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2015 to 2016

Assets

Down

$78,154,656

Down $681,283 (-0.9%) from 2015

Net Assets

Up

$35,333,177

Up $2,727 (+0.0%) from 2015

Liabilities

Down

$42,821,479

Down $684,010 (-1.6%) from 2015

Revenue

Down

$11,745,228

Down $5,506,992 (-32%) from 2015

Expenses

Down

$11,732,164

Down $650,110 (-5.3%) from 2015

Net Income

Down

$13,064

Down $4,856,882 (-100%) from 2015

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$100M$50M$0Assets 2010: $84,056,429Liabilities 2010: $53,871,184Net Assets 2010: $30,185,2452010Assets 2011: $82,986,580Liabilities 2011: $52,371,651Net Assets 2011: $30,614,9292011Assets 2012: $81,645,766Liabilities 2012: $50,472,838Net Assets 2012: $31,172,9282012Assets 2013: $82,939,173Liabilities 2013: $50,384,767Net Assets 2013: $32,554,4062013Assets 2014: $78,844,269Liabilities 2014: $46,198,272Net Assets 2014: $32,645,9972014Assets 2015: $78,835,939Liabilities 2015: $43,505,489Net Assets 2015: $35,330,4502015Assets 2016: $78,154,656Liabilities 2016: $42,821,479Net Assets 2016: $35,333,1772016Assets 2017: $77,809,911Liabilities 2017: $43,778,019Net Assets 2017: $34,031,8922017Assets 2018: $69,717,437Liabilities 2018: $33,357,531Net Assets 2018: $36,359,9062018Assets 2019: $69,440,436Liabilities 2019: $32,724,763Net Assets 2019: $36,715,6732019Assets 2020: $72,752,719Liabilities 2020: $32,315,491Net Assets 2020: $40,437,2282020

Highlighted filing

2016

Assets$78,154,656
Liabilities$42,821,479
Net Assets$35,333,177

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$20M$15M$10M$5.0M$0Expenses 2010: $13,708,3152010Expenses 2011: $13,221,5142011Expenses 2012: $12,929,4492012Revenue 2013: $14,849,680Expenses 2013: $13,626,000Net Income 2013: $1,223,6802013Revenue 2014: $13,219,774Expenses 2014: $12,912,751Net Income 2014: $307,0232014Revenue 2015: $17,252,220Expenses 2015: $12,382,274Net Income 2015: $4,869,9462015Revenue 2016: $11,745,228Expenses 2016: $11,732,164Net Income 2016: $13,0642016Revenue 2017: $12,493,365Expenses 2017: $12,309,454Net Income 2017: $183,9112017Revenue 2018: $12,633,922Expenses 2018: $11,647,061Net Income 2018: $986,8612018Revenue 2019: $11,207,092Expenses 2019: $10,864,659Net Income 2019: $342,4332019Revenue 2020: $14,560,485Expenses 2020: $10,691,008Net Income 2020: $3,869,4772020

Highlighted filing

2016

Revenue$11,745,228
Expenses$11,732,164
Net Income$13,064
Jump To
Filing Snapshot
Filing Period
Jan 1, 2016 to Dec 31, 2016
Signed
Nov 13, 2017
Return Version
2016v3.0
Gross Receipts
$11,745,228
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, financial, social and spiritual. Menorah Campus, Inc.("the Campus") is the common parent and sole member for seven tax-exempt operating subsidiaries. The Campus provides facilities, administrative support, fiscal services, fundraising, and general operating services (maintenance, housekeeping, laundry) for its subsidiaries. The services and support provided by the Campus assists the organization and its affiliates to achieve economies of scale thus reducing overall operating expenses for services provided to the Western New York community.

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. Menorah Campus, Inc.("the Campus") is the common parent and sole member for eight tax-exempt operating subsidiaries. The Campus provides facilities, administrative support, fiscal services, fundraising, and general operating services (maintenance, housekeeping, laundry) for its subsidiaries. The services and support provided by the Campus assists the organization and its affiliates to achieve economies of scale thus reducing overall operating expenses for services provided to the Western New York community.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$33,660,254$31,598,248▼ $2,062,006
Investments Program Related$10,150,684$10,132,256▼ $18,428
Prepaid Expenses and Deferred Charges$615,846$617,953▲ $2,107
Cash and Non-Interest-Bearing Accounts$465,648$228,855▼ $236,793
Pledges and Grants Receivable$215,372$209,764▼ $5,608
Accounts Receivable$16,189$0▼ $16,189
Total Assets$78,835,939$78,154,656▼ $681,283
Other Assets Total$33,711,946$35,367,580▲ $1,655,634
Liabilities
Mortgage Notes Payable Secured by Investment Property$31,263,173$31,580,540▲ $317,367
Tax Exempt Bond Liabilities$5,915,000$4,790,000▼ $1,125,000
Accounts Payable and Accrued Expenses$4,418,484$4,329,594▼ $88,890
Other Liabilities$1,563,274$1,779,067▲ $215,793
Deferred Revenue$345,558$342,278▼ $3,280
Total Liabilities$43,505,489$42,821,479▼ $684,010
Net Assets / Fund Balance
Unrestricted Net Assets$32,311,051$32,227,385▼ $83,666
Permanently Rstr Net Assets$1,918,115$1,913,092▼ $5,023
Temporarily Rstr Net Assets$1,101,284$1,192,700▲ $91,416
Total Net Assets Fund Balance$35,330,450$35,333,177▲ $2,727
Total Liabilities and Net Assets / Fund Balance$78,835,939$78,154,656▼ $681,283

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$25,811,035$31,639,221$57,450,256
Equipment$3,465,361$21,034,283$24,499,644
Land$2,164,774-$2,164,774
Other Land Buildings$157,078$0$157,078
Investment Program Related Org$325,470--
Leasehold Improvements$0$0$0
Other Assets Org$197,584--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2016$1,918,115$4,977→ $0$0$1,913,092
2015$1,917,612$503→ $0$0$1,918,115
2014$1,959,011$33,601→ $0$0$1,917,612
2013$1,969,925$0▼ $10,914$0$1,959,011
2012$1,695,963$273,962→ $0$0$1,969,925
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
R MayerPresident/CEOPT$222,783$90,901$313,684
R DresselVice PresidentPT$190,121$108,390$298,511
D DunkelmanFormer President/CEO-$254,958$19,888$274,846
J SirianniVP, Human ResourcesPT$137,057$6,782$143,839
J InghamControllerPT$104,039$6,420$110,459

Board Members and Trustees

NameTitle
K RogersChairman
J SchechterFirst Vice Chair & Treasurer
S ShapiroVice Chairman
A GutierrezDirector
C KommDirector
H PolakoffDirector
J WisbaumDirector
L CohenDirector
L KatzDirector
M CridenDirector
O TobbeDirector
S BarzmanDirector
R GordonSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Sodexo Operations LLCMgmt Svc for DietaryPO Box 81049, Suite 800, Woburn, MA 01813-1049$3,144,717
Diversified Services LLCTherapy Services2900 Delaware Ave, Suite 222, Kenmore, NY 14217$389,156
Freed Maxick CPAsAccounting/Consulting424 Main Street, Buffalo, NY 14202$370,148
Kavinoky & CookLegal726 Exchange Street, Buffalo, NY 14210$220,509
Gillick AdvisorsOutsourced Staffing5500 Main St, Williamsville, NY 14221$208,000
Revenue and Support

Revenue Composition

Contributions and Grants
$3,368
Program Service Revenue
$11,445,819
Investment Income
$163,266
Other Revenue
$132,775
All Other Contributions
$2,898
Change in Net Assets
$13,064
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,960,314
Salaries, Compensation, and Employee Benefits$3,771,850
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$2,229,393$0$0$2,229,393
Other Salaries and Wages$2,173,090$0$0$2,173,090
Interest$1,181,691$8,682$0$1,190,373
Insurance$1,190,136$0$0$1,190,136
Fees for Services Management$761,072$374,540$0$1,135,612
Other Employee Benefits$545,762$0$0$545,762
Pension Plan Contributions$51,037$410,074$0$461,111
Fees for Services Legal$0$453,162$0$453,162
Current Officers, Directors, Trustees, and Key Employees$0$412,904$0$412,904
All Other Expenses$182,715$108,300$0$291,015
Information Technology$0$224,136$0$224,136
Advertising$217,873$0$0$217,873
Payroll Taxes$158,302$20,681$0$178,983
Fees for Services Accounting$0$124,047$0$124,047
Other Expenses$0$89,374$0$89,374
Occupancy$26,933$47,355$0$74,288
Office Expenses$32,159$39,999$0$72,158
Travel$2,886$10,924$0$13,810
Total Functional Expenses$9,373,309$2,358,855$0$11,732,164
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
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Samuel ShapiroDirectorLegal ServicesNo$220,509
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Pension Liability$1,739,748
Refundable Advance$39,319

Bond Issues

BondIssuerIssuedIssue PricePurpose
AAmherst Development Corporation2010-10-19$12,530,000To pay down prior construction loans and to get a lower interest rate

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$0$12,276,819$0$253,181

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
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 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 members of the organization's Board of Directors.

Form 990, Part VI, Section A, Line 6

Menorah Campus, Inc. offers open membership through the payment of annual dues, the amount of which is established by the Board of Directors. Said members elect the Directors of the organization.

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

Menorah Campus, Inc. offers open membership through the payment of annual dues, the amount of which is established by the Board of Directors. Said members elect the Directors of the organization.

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

Amendment of the Certificate of Incorporation of Menorah Campus, Inc. must be approved by the members of Menorah Campus, Inc. Menorah Campus, Inc. offers open membership through the payment of annual dues, the amount of which is established by the Board of Directors. Said members elect the Directors of the organization.

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 after it has been reviewed by our independent accountants.

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

Copies of the Conflict of Interest Policy are furnished to each Director, 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. 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
Menorah Campus Inc
EIN
16-1376699
Phone
7166393330
Address
2700 North Forest Road, Getzville, NY 14068-1527
Doing Business As
Weinberg Campus

Signing Officer

Name
Robert Mayer
Title
President / CEO / CFO
Phone
7166393330
Signed
2017-11-13

Organization Details

Principal Officer
Robert Mayer
Formed
1990
Legal Domicile
Ny
Voting Board Members
14
Independent Board Members
13
Employees
229
Volunteers
13
Supplemental Narrative

Additional Explanations

Form 990, Part III, Line 3

Menorah Campus, Inc. operated an adult social day program, which included assistance with personal care and a structured activity program. This program ceased in July 2016.

Form 990, Part XI, Line 9

Change in Net Assets Related to Defined Benefit Pension Plan - <$7,706>

Financial Statement Notes

Schedule D, Part V, Line 4

The intended use of these endowment funds is the utilization of income generated from the permanently restricted assets for the benefit of Menorah Campus, Inc.

Schedule D, Part X, Line 2

The Company is a not-for-profit corporation as described in Section 509(a) of the Internal Revenue Code and is exempt from federal income taxes on related income pursuant to Section 501(c)(3) of the Code. Accordingly, no provision for Federal Income Taxes is included in the financial statements. The Company files its Return of Organization Exempt from Income Tax in the U.S. federal jurisdiction and its Annual Filing of Charitable Organizations in New York State.

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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. Menorah Campus, Inc.("the Campus") is the common parent and sole member for eight tax-exempt operating subsidiaries. The Campus provides facilities, administrative support, fiscal services, fundraising, and general operating services (maintenance, housekeeping, laundry) for its subsidiaries. The services and support provided by the Campus assists the organization and its affiliates to achieve economies of scale thus reducing overall operating expenses for services provided to the Western New York community.
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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. 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.
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IRS990/Form990PartVIISectionAGrp/TitleTxt0Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt1Vice Chairman
IRS990/Form990PartVIISectionAGrp/TitleTxt2First Vice Chair & Treasurer
IRS990/Form990PartVIISectionAGrp/TitleTxt3Secretary
IRS990/Form990PartVIISectionAGrp/TitleTxt4Director
IRS990/Form990PartVIISectionAGrp/TitleTxt5Director
IRS990/Form990PartVIISectionAGrp/TitleTxt6Director
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IRS990/Form990PartVIISectionAGrp/TitleTxt10Director
IRS990/Form990PartVIISectionAGrp/TitleTxt11Director
IRS990/Form990PartVIISectionAGrp/TitleTxt12Director
IRS990/Form990PartVIISectionAGrp/TitleTxt13President/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt14Vice President
IRS990/Form990PartVIISectionAGrp/TitleTxt15VP, Human Resources
IRS990/Form990PartVIISectionAGrp/TitleTxt16Controller
IRS990/Form990PartVIISectionAGrp/TitleTxt17Former President/CEO
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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. Menorah Campus, Inc.("the Campus") is the common parent and sole member for eight tax-exempt operating subsidiaries. The Campus provides facilities, administrative support, fiscal services, fundraising, and general operating services (maintenance, housekeeping, laundry) for its subsidiaries. The services and support provided by the Campus assists the organization and its affiliates to achieve economies of scale thus reducing overall operating expenses for services provided to the Western New York community.
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