Civic Intelligence

Hebrew Old Age Center of Atlantic City

EIN 21-0634576 • 501(c)3 • Galloway Township, NJ

View Organization Page

Profile

The simon & sylvia zisman seashore gardens living center (seashore gardens living center) is a nonprofit home for the aged, guided by jewish tradition, law and charity, and dedicated to enriching the quality of life for each of our residents. We continuously strive to provide the finest quality of healthcare and supportive services. We remain proactive in meeting the challenges we face with the understanding that we are in existence for our residents.

22 West Jimmie Leeds RdGalloway Township, NJ 08205

seashoregardens.org

Siviq Scores

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

Liabilities / Assets

98th percentile

1.36x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

80th percentile

0.97x

Higher debt load relative to revenue than 80% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

70th percentile

17%

Higher net margin than 70% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

58th percentile

$210,830

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 0.9% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

74th percentile

13%

Faster asset growth than 74% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

74th percentile

25%

Faster revenue growth than 74% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets98th percentile

Assets

Up

$16,657,939

Up $1,944,305 (+13%) from 2023

Liabilities

Down

$22,658,015

Down $1,898,693 (-7.7%) from 2023

Net Assets

Up

-$6,000,076

Up $3,842,998 (+39%) from 2023

Operations
Liabilities / Revenue80th percentileNet Margin70th percentile

Revenue

Up

$23,281,054

Up $4,617,162 (+25%) from 2023

Expenses

Up

$19,438,052

Up $852,974 (+4.6%) from 2023

Net Income

Up

$3,843,002

Up $3,764,188 (+4776%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth74th percentile

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

$40M$20M$0-$20MAssets 2010: $29,616,737Liabilities 2010: $31,336,134Net Assets 2010: -$1,719,3972010Assets 2011: $29,251,361Liabilities 2011: $31,164,713Net Assets 2011: -$1,913,3522011Assets 2012: $27,736,683Liabilities 2012: $30,553,389Net Assets 2012: -$2,816,7062012Assets 2013: $27,178,654Liabilities 2013: $30,064,294Net Assets 2013: -$2,885,6402013Assets 2014: $26,505,297Liabilities 2014: $29,263,046Net Assets 2014: -$2,757,7492014Assets 2015: $25,847,992Liabilities 2015: $28,653,939Net Assets 2015: -$2,805,9472015Assets 2016: $24,750,093Liabilities 2016: $27,570,536Net Assets 2016: -$2,820,4432016Assets 2017: $22,353,794Liabilities 2017: $27,017,225Net Assets 2017: -$4,663,4312017Assets 2018: $19,491,224Liabilities 2018: $24,810,253Net Assets 2018: -$5,319,0292018Assets 2019: $19,219,942Liabilities 2019: $24,905,981Net Assets 2019: -$5,686,0392019Assets 2020: $18,960,412Liabilities 2020: $26,282,182Net Assets 2020: -$7,321,7702020Assets 2021: $17,102,783Liabilities 2021: $24,337,723Net Assets 2021: -$7,234,9402021Assets 2022: $15,389,232Liabilities 2022: $25,311,120Net Assets 2022: -$9,921,8882022Assets 2023: $14,713,634Liabilities 2023: $24,556,708Net Assets 2023: -$9,843,0742023Assets 2024: $16,657,939Liabilities 2024: $22,658,015Net Assets 2024: -$6,000,0762024

Highlighted filing

2024

Assets$16,657,939
Liabilities$22,658,015
Net Assets-$6,000,076
Open 2024 Filing

Operations Trend

Revenue Growth74th percentile

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

$30M$20M$10M$0-$10MExpenses 2010: $13,963,0522010Expenses 2011: $13,890,2352011Revenue 2012: $14,303,347Expenses 2012: $15,217,493Net Income 2012: -$914,1462012Revenue 2013: $14,813,881Expenses 2013: $14,741,034Net Income 2013: $72,8472013Revenue 2014: $14,761,224Expenses 2014: $14,700,918Net Income 2014: $60,3062014Revenue 2015: $14,292,442Expenses 2015: $14,270,730Net Income 2015: $21,7122015Revenue 2016: $14,461,227Expenses 2016: $14,464,689Net Income 2016: -$3,4622016Revenue 2017: $14,486,888Expenses 2017: $16,360,040Net Income 2017: -$1,873,1522017Revenue 2018: $15,028,588Expenses 2018: $15,628,638Net Income 2018: -$600,0502018Revenue 2019: $15,373,039Expenses 2019: $15,843,479Net Income 2019: -$470,4402019Revenue 2020: $15,151,547Expenses 2020: $16,182,549Net Income 2020: -$1,031,0022020Revenue 2021: $15,088,221Expenses 2021: $15,061,198Net Income 2021: $27,0232021Revenue 2022: $13,719,443Expenses 2022: $16,367,625Net Income 2022: -$2,648,1822022Revenue 2023: $18,663,892Expenses 2023: $18,585,078Net Income 2023: $78,8142023Revenue 2024: $23,281,054Expenses 2024: $19,438,052Net Income 2024: $3,843,0022024

Highlighted filing

2024

Revenue$23,281,054
Expenses$19,438,052
Net Income$3,843,002
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$16,657,939
Liabilities
$22,658,015
Net assets
-$6,000,076
Revenue
$23,281,054
Expenses
$19,438,052
Net income
$3,843,002
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.7$22.7$6.00$23.3$19.4$3.84
2023Detailed filing. Detailed filing data is available for this year.$14.7$24.6$9.84$18.7$18.6$0.08
2022Detailed filing. Detailed filing data is available for this year.$15.4$25.3$9.92$13.7$16.4$2.65
2021Detailed filing. Detailed filing data is available for this year.$17.1$24.3$7.23$15.1$15.1$0.03
2020Detailed filing. Detailed filing data is available for this year.$19.0$26.3$7.32$15.2$16.2$1.03
2019Detailed filing. Detailed filing data is available for this year.$19.2$24.9$5.69$15.4$15.8$0.47
2018Detailed filing. Detailed filing data is available for this year.$19.5$24.8$5.32$15.0$15.6$0.60
2017Detailed filing. Detailed filing data is available for this year.$22.4$27.0$4.66$14.5$16.4$1.87
2016Detailed filing. Detailed filing data is available for this year.$24.8$27.6$2.82$14.5$14.5$0.00
2015Detailed filing. Detailed filing data is available for this year.$25.8$28.7$2.81$14.3$14.3$0.02
2014Detailed filing. Detailed filing data is available for this year.$26.5$29.3$2.76$14.8$14.7$0.06
2013Detailed filing. Detailed filing data is available for this year.$27.2$30.1$2.89$14.8$14.7$0.07
2012Summary only. Only limited summary data is available for this year.$27.7$30.6$2.82$14.3$15.2$0.91
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.3$31.2$1.91$13.9
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$29.6$31.3$1.72$14.0
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Nov 14, 2025
Return Version
2024v5.2
Gross Receipts
$23,281,054
Mission and Program Overview

Mission

The simon and sylvia zisman seashore gardens living center is a non profit home for the aged, guided by jewish tradition, law and charity, dedicated to enriching the quality of life for each of our residents. Seashore gardens continuously strives to provide the finest quality of health care and supportive services to our residents by: (1) creating a caring and compassionate atmosphere (2) encouraging resident and family involvement and participation (3) providing a dedicated staff of professionals who understand the needs of elderly (4) utilizing available community resources. Seashore gardens living center promises to remain proactive in meeting the challenges we face with the understanding that we are in existence for our residents.

The simon & sylvia zisman seashore gardens living center (seashore gardens living center) is a nonprofit home for the aged, guided by jewish tradition, law and charity, and dedicated to enriching the quality of life for each of our residents. We continuously strive to provide the finest quality of healthcare and supportive services. We remain proactive in meeting the challenges we face with the understanding that we are in existence for our residents.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$9,350,235$8,569,520▼ $780,715
Cash and Non-Interest-Bearing Accounts$1,719,243$3,918,434▲ $2,199,191
Accounts Receivable$2,103,057$2,148,858▲ $45,801
Savings and Temporary Cash Investments$224,136$255,457▲ $31,321
Other Notes and Loans Receivable, Net$63,163$117,653▲ $54,490
Prepaid Expenses and Deferred Charges$41,988$58,418▲ $16,430
Total Assets$14,713,634$16,657,939▲ $1,944,305
Other Assets Total$1,211,812$1,589,599▲ $377,787
Liabilities
Mortgage Notes Payable Secured by Investment Property$19,897,980$19,494,912▼ $403,068
Accounts Payable and Accrued Expenses$3,124,679$2,840,657▼ $284,022
Other Liabilities$1,250,000$0▼ $1,250,000
Escrow Account Liability$284,049$322,446▲ $38,397
Total Liabilities$24,556,708$22,658,015▼ $1,898,693
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-9,843,074$-6,000,076▲ $3,842,998
Total Net Assets Fund Balance$-9,843,074$-6,000,076▲ $3,842,998
Total Liabilities and Net Assets / Fund Balance$14,713,634$16,657,939▲ $1,944,305

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$4,516,520$17,602,251$22,118,771
Equipment$1,275,967$2,571,123$3,847,090
Land$2,692,736-$2,692,736
Other Land Buildings$84,297$884,499$968,796
Other Assets Org$322,446--
Compensation and Service Providers
Top Officer Pay58th percentile

Employees

NameTitleFull / Part TimeBaseTotal
Alysia PriceAdministratorFT$165,980$165,980
Kim RossLpnFT$162,904$162,904
Umoren NdifrekeCNAFT$121,290$121,290
Tanya LewisDonFT$112,238$112,238
Eddie FloranoLpnFT$108,931$108,931
Michael FergusonCNAFT$107,380$107,380
Hemavatie BeausejourCNAFT$103,632$103,632
Gladys BentonAdonFT$101,384$101,384

Board Members and Trustees

NameTitle
Michael StarkChair
Martin H KleinPresident/CEO
Jason S GoldsteinVice Chair
Ted Rich CluVice Chair
Board MemberBoard Member
Cy BaltusBoard Member
Dean L ScarpaBoard Member
Eric J ShareBoard Member
Howard J BernsteinBoard Member
Jeffrey R DelsonBoard Member
Rabbi Aaron H KraussBoard Member
Rabbi David WeisBoard Member
Shirley Labov BernsteinBoard Member
Sindy O FinkelsonBoard Member
Alan J FeldmanTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Reliant Pro RehabStaffing Service5212 VILLAGE CREEK DRIVE, Plano, TX 75093$909,420
Twomagnets INC Dba Clipboard HealthStaffing Service440 N BARRANCA AVE 5028, Covina, CA 91723$604,446
Tender Touch RehabStaffing Service400 NJ-70, Lakewood, NJ 08701$199,842
EshyftStaffing Service4547 US HIGHWAY 9 SUITE Q, Howell, NJ 07731$190,584
Tri-county Security NjSecurity Guard Service1142 E CHESTNUT AVE, Vineland, NJ 08360$113,350
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$23,276,049
Investment Income
$4,898
Other Revenue
$107
Change in Net Assets
$3,843,002

Audited Revenue Reconciliation

Revenue per Audited Statements
$23,281,054
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$23,281,054
Total Revenue per Form 990
$23,281,054
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$12,253,782
Other Expenses$7,184,270
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$11,149,124$938,678-$12,087,802
Fees for Services Management-$1,165,281-$1,165,281
Depreciation Depletion$804,740$89,416-$894,156
Interest$765,402$51,563-$816,965
Occupancy$442,041$76,526-$518,567
Other Expenses$517,799$484,222-$517,799
All Other Expenses$392,228$10,582-$402,810
Fees for Services Other$145,852$101,287-$247,139
Insurance$46,339$188,913-$235,252
Information Technology-$201,910-$201,910
Current Officers, Directors, Trustees, and Key Employees$165,980--$165,980
Advertising-$68,208-$68,208
Office Expenses-$67,814-$67,814
Total Functional Expenses$15,857,754$3,580,298$0$19,438,052

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$19,438,052
Total Expenses per Audited Statements$19,438,052
Total Expenses per Form 990$19,438,052
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Backup withholding compliance
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
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 2

“Howard bernstein, director and shirley bernstein, director are husband and wife.”

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

“A draft copy of the form 990 is made available for board review and comment prior to filing.”

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

“The organization regulary reviews their conflict of interest policy and requires board members to disclose any conflicts with the organization.”

Form 990, Part VI, Section B, Line 15

“The organization reviews the ceo's employment contract and approves the contract as it relates to compensation, compensation increases, bonuses and other fringe benefits.”

Form 990, Part VI, Section C, Line 19

“The simon and sylvia zisman seashore gardens living center is a non profit home for the aged, guided by jewish tradition, law and charity, dedicated to enriching the quality of life for each of our residents. Seashore gardens continuously strives to provide the finest quality of”

Filing and Contact Details

Filer

Filer Name
Hebrew Old Age Center of Atlantic City
EIN
21-0634576
Phone
6094044848
Address
22 WEST JIMMIE LEEDS RD, GALLOWAY TOWNSHIP, NJ 08205

Signing Officer

Name
Martin Klein
Title
President
Phone
6094044848
Signed
2025-11-14
Discuss with paid preparer
Yes

Organization Details

Formed
1916
Legal Domicile
Nj
Voting Board Members
15
Independent Board Members
15
Employees
288
Volunteers
26

Preparer

Firm
Pease Bell Cpas LLC
Address
1111 SUPERIOR AVE E STE 2500, CLEVELAND, OH 44114
Preparer
Blaine S Ryan
Phone
2163489600
Supplemental Narrative

Financial Statement Notes

PART IV, LINE 2B:

“The center is the custodian for resident trust funds.”

PART IV, LINE 2B:

“The center is the custodian for resident trust funds.”

PART X, LINE 2:

“Accounting principles generally accepted in the united states of america require management to evaluate tax positions taken by the center and recognize a tax liability if the center has taken an uncertain position that more likely than not would not be sustained upon examination by taxing authorities. Management evaluated the center's tax positions and concluded that the center had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance.”

Raw XML AppendixShowing 400 of 706 raw XML fields

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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