Liabilities / Assets
64th percentile
Higher debt load relative to assets than 64% of similar nonprofits.
Home for the Armenian Aged Inc
EIN 22-1659501 • 501(c)3 • Emerson, NJ
Profile
The mission of the armenian nursing and rehabilitation center is to provide quality healthcare and rehabilitative services to the aged and indigent, to promote wellness, relieve suffering, and to extend charitable relief to persons regardless of race, gender, religion, or nationality.
Siviq Scores
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
0.11x
Liabilities / Revenue
70th percentile
Higher debt load relative to revenue than 70% of similar nonprofits.
Net Margin
22nd percentile
Higher net margin than 22% of similar nonprofits.
Top Officer Pay
58th percentile
Higher top officer pay than 58% of similar nonprofits.
Top officer pay equals 6.7% of source-year revenue.
Asset Growth
44th percentile
Faster asset growth than 44% of similar nonprofits.
Revenue Growth
93rd percentile
Faster revenue growth than 93% of similar nonprofits.
Balance Sheet
Assets
Up$583,018
Up $7,106 (+1.2%) from 2024
Liabilities
Up$66,346
Up $66,309 (+179214%) from 2024
Net Assets
Down$516,672
Down $59,203 (-10%) from 2024
Revenue
Up$641,879
Up $420,135 (+189%) from 2024
Expenses
Up$701,082
Up $447,566 (+177%) from 2024
Net Income
Down-$59,203
Down $27,431 (-86%) from 2024
Trend Graphs
Filings
Most recent year
2025 • Form 990Detailed filing. Detailed filing data is available for this year.
- Assets
- $583,018
- Liabilities
- $66,346
- Net assets
- $516,672
- Revenue
- $641,879
- Expenses
- $701,082
- Net income
- -$59,203
Latest Filing Detail
Jump To
Filing Snapshot
- Filing Period
- Apr 1, 2024 to Mar 31, 2025
- Signed
- Feb 13, 2026
- Return Version
- 2024v5.5
- Gross Receipts
- $641,879
Mission and Program Overview
Mission
The mission of the armenian nursing and rehabilitation center is to provide quality healthcare and rehabilitative services to the aged and indigent, to promote wellness, relieve suffering, and to extend charitable relief to persons regardless of race, gender, religion, or nationality.
The organizations exempt purpose is to provide medical and rehabilitation services for aged and indigent persons.
Balance Sheet Detail
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Rtn Earn Endowment Incm Other Fnds | $575,875 | $516,672 | ▼ $59,203 |
| Land, Buildings, and Equipment, Net | $308,130 | $319,238 | ▲ $11,108 |
| Cash and Non-Interest-Bearing Accounts | $13,722 | $9,720 | ▼ $4,002 |
| Pd in Cap Srpls Land Bldg Eqp Fund | $0 | $0 | → $0 |
| Cap Stk Tr Prin Current Funds | $0 | $0 | → $0 |
| Total Assets | $575,912 | $583,018 | ▲ $7,106 |
| Other Assets Total | $254,060 | $254,060 | → $0 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $37 | $66,346 | ▲ $66,309 |
| Total Liabilities | $37 | $66,346 | ▲ $66,309 |
| Net Assets / Fund Balance | |||
| Total Net Assets Fund Balance | $575,875 | $516,672 | ▼ $59,203 |
| Total Liabilities and Net Assets / Fund Balance | $575,912 | $583,018 | ▲ $7,106 |
Asset Categories
| Asset | Book Value | Depreciation | Basis |
|---|---|---|---|
| Buildings | $249,179 | $891,940 | $1,141,119 |
| Equipment | $52,604 | $194,491 | $247,095 |
| Other Land Buildings | $17,455 | $198,207 | $215,662 |
| Other Assets Org | $254,060 | - | - |
Compensation and Service Providers
Employees
| Name | Title | Full / Part Time | Base | Total |
|---|---|---|---|---|
| Stephen Epstein | Administrator | PT | $43,100 | $43,100 |
Board Members and Trustees
| Name | Title |
|---|---|
| Arthur Bedrosian | President |
| Dr Craig Froonjian Dmd | Member |
| Matthew Nalbandian | Member |
| Sonia Mardinian | Ombudsman |
| Khoren Bandazian Esq | Recording Secretary |
| Peter Bonjuklian | Treasurer |
Revenue and Support
Revenue Composition
- Contributions and Grants
- $641,879
- Program Service Revenue
- $0
- Investment Income
- $0
- Other Revenue
- $0
- All Other Contributions
- $149
- Change in Net Assets
- $-59,203
Expenses and Functional Allocation
Major Expense Lines
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $496,730 |
| Other Expenses | $142,103 |
| Salaries, Compensation, and Employee Benefits | $62,249 |
| Professional Fundraising Fees | $0 |
| Total Fundraising Expense | $0 |
Functional Expense Allocation
| Line Item | Program | Management | Fundraising | Total |
|---|---|---|---|---|
| Grants to Domestic Orgs | $496,730 | - | - | $496,730 |
| Other Salaries and Wages | - | $55,833 | - | $55,833 |
| Fees for Services Accounting | - | $15,475 | - | $15,475 |
| Insurance | $11,971 | $1,949 | - | $13,920 |
| Office Expenses | - | $13,082 | - | $13,082 |
| Information Technology | $9,013 | $1,467 | - | $10,480 |
| Payroll Taxes | - | $6,416 | - | $6,416 |
| Fees for Services Legal | - | $4,892 | - | $4,892 |
| Advertising | $4,167 | $678 | - | $4,845 |
| All Other Expenses | $550 | $125 | - | $675 |
| Other Expenses | $628 | $384 | - | $628 |
| Fees for Services Other | - | $270 | - | $270 |
| Total Functional Expenses | $589,998 | $111,084 | $0 | $701,082 |
International Activity
Grant and Assistance Recipients
| Recipient | Location | Category | Purpose | Amount |
|---|---|---|---|---|
| Armenian Home Foundation | Emerson, NJ | 501 C 3 | Contribution | $496,730 |
Fundraising, Events, and Gaming
- Fundraising activities
- No
- Gaming activities
- No
- Professional fundraiser used
- No
Fundraising and Gaming Totals
| Line Item | Amount |
|---|---|
| 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
- 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
- No
- Other officer compensation reviewed
- Yes
- Conflict-of-interest policy
- Yes
- Audited financial statements prepared
- No
- Key decisions subject to board approval
- Yes
- Management duties delegated
- No
Governance Explanations
Form 990, Part VI, Section A, Line 6
“Page 6 part vi, line 6: the armenian nursing and rehabilitation center has three categories of membership: life, active, and honorary. The anrc does not have any stockholders who have invested personal assets to receive dividends or income of any kind.”
Form 990, Part VI, Section A, Line 7A
“The armenian nursing and rehabilitation center has three categories of membership: life, active, and honorary. Members elect one or more members to the board of trustees annually. Candidates for election to the board of trustees may be proposed to the nominating committee in writing by a life or active member at least sixty (60) days in advance of the annual membership meeting. The anrc does not have any stockholders who have invested personal assets to receive dividends or income of any kind.”
Form 990, Part VI, Section A, Line 7B
“Decisions of the governing body are subject to approval by members when approving amendments to the by-laws.”
Form 990, Part VI, Section B, Line 11B
“A copy of the form 990 is first submitted to the governing body for review. The form 990 is then subject to approval by the anrc financial committee for submission.”
Form 990, Part VI, Section B, Line 12C
“Board members complete, execute and return to the board annually an affirmation that they are in compliance with the home for the armenian aged, inc. D/b/a armenian nursing and rehabilitation center's standards of professional and ethical conduct. Further, the facility recognizes that it is sometimes difficult to delineate proper standards of ethical conduct. In such instances a board member should not rely upon his or her personal judgment, but should fully and openly discuss the matter with members of the board at their next board meeting and if there is any question as to legality, the matter should be brought to the attention of the corporate counsel of the facility for determination.”
Form 990, Part VI, Section B, Line 15B
“The organization bases compensation levels for officers, and keys employees on merit followed by a board review.”
Form 990, Part VI, Section C, Line 19
“The governing documents and financial statements are made available to the public through guidestar and upon request.”
Filing and Contact Details
Filer
- Filer Name
- Home for the Armenian Aged Inc
- EIN
- 22-1659501
- Phone
- 2012616662
- Address
- 70 MAIN STREET, EMERSON, NJ 07630
- Doing Business As
- The Armenian Nursing & Rehabilitation Center Inc
Signing Officer
- Name
- Arthur Bedrosian
- Title
- President
- Phone
- 2012616662
- Signed
- 2026-02-13
- Discuss with paid preparer
- Yes
Organization Details
- Principal Officer
- Arthur Bedrosian
- Formed
- 1938
- Legal Domicile
- Nj
- Voting Board Members
- 52
- Independent Board Members
- 52
- Employees
- 0
- Volunteers
- 52
Preparer
- Firm
- Sax Advisors LLC
- Address
- 389 INTERPACE PARKWAY STE 3, PARSIPPANY, NJ 07054
- Preparer
- Marqus White
- Phone
- 9734726250
Supplemental Narrative
Additional Explanations
Part XII, Line 2C
“The armenian nursing and rehabiliation center has not changed its process from prior years.”
Financial Statement Notes
PART X, LINE 2:
“The organization is a not-for-profit organization exempt from federal and state income taxes under section 501(c)(3) of the internal revenue code and classified by the internal revenue service as other than a private foundation. Management evaluated the organizations' tax positions and concluded that the organization had taken no uncertain tax positions that require adjustment to the financial statements to comply with the provisions of this guidance. The organization file income tax returns in the u.s. Federal jurisdiction, as well as in one state jurisdiction. With few exceptions, the organization is not subject to income tax examinations by the u.s. Federal, state, or local tax authorities unless the organization was engaged in activities that would generate unrelated business income.”
Raw XML AppendixShowing 400 of 417 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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| IRS990/CreditCounselingInd | 0 | 0 |
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| IRS990/CYGrantsAndSimilarPaidAmt | 0 | 496730 |
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| IRS990/DelegationOfMgmtDutiesInd | 0 | 0 |
| IRS990/Desc | 0 | THE ARMENIAN NURSING AND REHABILITATION CENTER, INC. (THE ORGANIZATION) IS A NEW JERSEY NOT-FOR-PROFIT CORPORATION ESTABLISHED IN 1938. THE ORGANIZATION'S OPERATIONS INCLUDED AN 86-BED LONG-TERM CARE FACILITY PROVIDING LONG-TERM SKILLED NURSING CARE. THE REHAB CENTER CLOSED ON 3/31/21. THE ACTIVITY IN FISCAL 3/31/25 WAS DUE TO CONTINUED CLEAN UP AND MAINTENANCE.CURRENTLY, THE BOARD IS WORKING ON NEW BUILDING PLANS WITH A COMBINED NY NJ BOARD. THE PLANS HAVE BEEN APPROVED BY THE BOARD. AN ENGINEERING FIRM AND LAW FIRM HAVE BEEN RETAINED TO MANAGE LAND USE AND OTHER ISSUES. |
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| IRS990/DonorRstrOrQuasiEndowmentsInd | 0 | 0 |
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| IRS990/ExpenseAmt | 0 | 589998 |
| IRS990/FamilyOrBusinessRlnInd | 0 | 0 |
| IRS990/FederalGrantAuditRequiredInd | 0 | 0 |
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| IRS990/FeesForServicesAccountingGrp/TotalAmt | 0 | 15475 |
| IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt | 0 | 4892 |
| IRS990/FeesForServicesLegalGrp/TotalAmt | 0 | 4892 |
| IRS990/FeesForServicesOtherGrp/ManagementAndGeneralAmt | 0 | 270 |
| IRS990/FeesForServicesOtherGrp/TotalAmt | 0 | 270 |
| IRS990/ForeignActivitiesInd | 0 | 0 |
| IRS990/ForeignFinancialAccountInd | 0 | 0 |
| IRS990/ForeignOfficeInd | 0 | 0 |
| IRS990/Form8282PropertyDisposedOfInd | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 0 | 1.00 |
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| IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt | 6 | 20.00 |
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| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 2 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 3 | X |
| IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd | 4 | X |
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| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 0 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 1 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 2 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 3 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 4 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 5 | 0 |
| IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt | 6 | 0 |
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| IRS990/InsuranceGrp/ProgramServicesAmt | 0 | 11971 |
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| IRS990/MissionDesc | 0 | THE MISSION OF THE ARMENIAN NURSING AND REHABILITATION CENTER IS TO PROVIDE QUALITY HEALTHCARE AND REHABILITATIVE SERVICES TO THE AGED AND INDIGENT, TO PROMOTE WELLNESS, RELIEVE SUFFERING, AND TO EXTEND CHARITABLE RELIEF TO PERSONS REGARDLESS OF RACE, GENDER, RELIGION, OR NATIONALITY. |
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| IRS990/OtherExpensesGrp/ProgramServicesAmt | 2 | 2361 |
| IRS990/OtherExpensesGrp/ProgramServicesAmt | 3 | 628 |
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| IRS990ScheduleD/OtherAssetsOrgGrp/Desc | 0 | BED LICENSES |
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| IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt | 0 | THE ORGANIZATION IS A NOT-FOR-PROFIT ORGANIZATION EXEMPT FROM FEDERAL AND STATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND CLASSIFIED BY THE INTERNAL REVENUE SERVICE AS OTHER THAN A PRIVATE FOUNDATION. MANAGEMENT EVALUATED THE ORGANIZATIONS' TAX POSITIONS AND CONCLUDED THAT THE ORGANIZATION HAD TAKEN NO UNCERTAIN TAX POSITIONS THAT REQUIRE ADJUSTMENT TO THE FINANCIAL STATEMENTS TO COMPLY WITH THE PROVISIONS OF THIS GUIDANCE. THE ORGANIZATION FILE INCOME TAX RETURNS IN THE U.S. FEDERAL JURISDICTION, AS WELL AS IN ONE STATE JURISDICTION. WITH FEW EXCEPTIONS, THE ORGANIZATION IS NOT SUBJECT TO INCOME TAX EXAMINATIONS BY THE U.S. FEDERAL, STATE, OR LOCAL TAX AUTHORITIES UNLESS THE ORGANIZATION WAS ENGAGED IN ACTIVITIES THAT WOULD GENERATE UNRELATED BUSINESS INCOME. |
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| IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt | 0 | 70 MAIN ST |
| IRS990ScheduleI/RecipientTable/USAddress/CityNm | 0 | EMERSON |
| IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd | 0 | NJ |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | PAGE 6 PART VI, LINE 6: THE ARMENIAN NURSING AND REHABILITATION CENTER HAS THREE CATEGORIES OF MEMBERSHIP: LIFE, ACTIVE, AND HONORARY. THE ANRC DOES NOT HAVE ANY STOCKHOLDERS WHO HAVE INVESTED PERSONAL ASSETS TO RECEIVE DIVIDENDS OR INCOME OF ANY KIND. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | THE ARMENIAN NURSING AND REHABILITATION CENTER HAS THREE CATEGORIES OF MEMBERSHIP: LIFE, ACTIVE, AND HONORARY. MEMBERS ELECT ONE OR MORE MEMBERS TO THE BOARD OF TRUSTEES ANNUALLY. CANDIDATES FOR ELECTION TO THE BOARD OF TRUSTEES MAY BE PROPOSED TO THE NOMINATING COMMITTEE IN WRITING BY A LIFE OR ACTIVE MEMBER AT LEAST SIXTY (60) DAYS IN ADVANCE OF THE ANNUAL MEMBERSHIP MEETING. THE ANRC DOES NOT HAVE ANY STOCKHOLDERS WHO HAVE INVESTED PERSONAL ASSETS TO RECEIVE DIVIDENDS OR INCOME OF ANY KIND. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | DECISIONS OF THE GOVERNING BODY ARE SUBJECT TO APPROVAL BY MEMBERS WHEN APPROVING AMENDMENTS TO THE BY-LAWS. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | A COPY OF THE FORM 990 IS FIRST SUBMITTED TO THE GOVERNING BODY FOR REVIEW. THE FORM 990 IS THEN SUBJECT TO APPROVAL BY THE ANRC FINANCIAL COMMITTEE FOR SUBMISSION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | BOARD MEMBERS COMPLETE, EXECUTE AND RETURN TO THE BOARD ANNUALLY AN AFFIRMATION THAT THEY ARE IN COMPLIANCE WITH THE HOME FOR THE ARMENIAN AGED, INC. D/B/A ARMENIAN NURSING AND REHABILITATION CENTER'S STANDARDS OF PROFESSIONAL AND ETHICAL CONDUCT. FURTHER, THE FACILITY RECOGNIZES THAT IT IS SOMETIMES DIFFICULT TO DELINEATE PROPER STANDARDS OF ETHICAL CONDUCT. IN SUCH INSTANCES A BOARD MEMBER SHOULD NOT RELY UPON HIS OR HER PERSONAL JUDGMENT, BUT SHOULD FULLY AND OPENLY DISCUSS THE MATTER WITH MEMBERS OF THE BOARD AT THEIR NEXT BOARD MEETING AND IF THERE IS ANY QUESTION AS TO LEGALITY, THE MATTER SHOULD BE BROUGHT TO THE ATTENTION OF THE CORPORATE COUNSEL OF THE FACILITY FOR DETERMINATION. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | THE ORGANIZATION BASES COMPENSATION LEVELS FOR OFFICERS, AND KEYS EMPLOYEES ON MERIT FOLLOWED BY A BOARD REVIEW. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 6 | THE GOVERNING DOCUMENTS AND FINANCIAL STATEMENTS ARE MADE AVAILABLE TO THE PUBLIC THROUGH GUIDESTAR AND UPON REQUEST. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 7 | THE ARMENIAN NURSING AND REHABILIATION CENTER HAS NOT CHANGED ITS PROCESS FROM PRIOR YEARS. |
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| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | FORM 990, PART VI, SECTION A, LINE 7A |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | FORM 990, PART VI, SECTION A, LINE 7B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | FORM 990, PART VI, SECTION B, LINE 11B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | FORM 990, PART VI, SECTION B, LINE 12C |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | FORM 990, PART VI, SECTION B, LINE 15B |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 6 | FORM 990, PART VI, SECTION C, LINE 19 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 7 | PART XII, LINE 2C |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt | 0 | 501(C)(3) |
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| IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt | 0 | FUNDRAISING FOR ARMENIAN NURSING & REHABILIATION CTR |
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| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
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| IRS990/USAddress/CityNm | 0 | EMERSON |
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| IRS990/USAddress/ZIPCd | 0 | 07630 |
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| IRS990/VotingMembersIndependentCnt | 0 | 52 |
| IRS990/WebsiteAddressTxt | 0 | WWW.THEARMENIANHOME.COM |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2025-03-06 01:10:19Z |
| ReturnHeader/BusinessOfficerGrp/DiscussWithPaidPreparerInd | 0 | 1 |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | ARTHUR BEDROSIAN |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | PRESIDENT |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 2012616662 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2026-02-13 |
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| ReturnHeader/Filer/BusinessNameControlTxt | 0 | HOME |
| ReturnHeader/Filer/EIN | 0 | 221659501 |
| ReturnHeader/Filer/PhoneNum | 0 | 2012616662 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | 70 MAIN STREET |
| ReturnHeader/Filer/USAddress/CityNm | 0 | EMERSON |
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