Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
EIN 26-3411635 • 501(c)3 • Baya Cynwyd, PA
Profile
Silver Lake Center, Inc.'s mission included the operation of one or more nursing homes, provision of housing for the elderly, development of medical programs for the care of the elderly and education of healthcare personnel in proper care of the elderly. The entity is inactive.
Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.
Liabilities / Assets
99th percentile
Higher debt load relative to assets than 99% of similar nonprofits.
Liabilities / Revenue
Score unavailable
Liabilities-to-revenue requires both liabilities and revenue on the latest valid filing.
Net Margin
Score unavailable
Net margin requires both revenue and expenses on the latest valid filing.
Top Officer Pay
81st percentile
Higher top officer pay than 81% of similar nonprofits.
Asset Growth
55th percentile
Faster asset growth than 55% of similar nonprofits.
Revenue Growth
3rd percentile
Faster revenue growth than 3% of similar nonprofits.
Assets
Flat$37,062
Flat from 2022
Liabilities
Flat$514,397
Flat from 2022
Net Assets
Flat-$477,335
Flat from 2022
Revenue
Down$0
Down $1,262,660 (-100%) from 2022
Expenses
Down$0
Down $13,657 (-100%) from 2022
Net Income
Down$0
Down $1,249,003 (-100%) from 2022
Most recent year
2023 • Form 990Detailed filing. Detailed filing data is available for this year.
See schedule o.to operate one or more nursing homes or provide other housing for the elderly and to develop medical programs for the care of the elderly and to educate and train healthcare personnel in the proper care of the elderly.the entity is organized and operated for the provision of short and long-term stays offering post acute and rehabilitation services. The organization provides these services by providing room and board, nursing services, healthcare, therapy, resident services, and security at an affordable cost. The organization strives to provide open, diverse and caring environments for residents, family members and staff.
Operated nursing homes, provided housing and developed medical programs for the care of the elderly. The entity is inactive.
| Line | Beginning | End | Change |
|---|---|---|---|
| Assets | |||
| Accounts Receivable | $37,062 | $37,062 | → $0 |
| Cash and Non-Interest-Bearing Accounts | $0 | $0 | → $0 |
| Savings and Temporary Cash Investments | $0 | $0 | → $0 |
| Other Notes and Loans Receivable, Net | $0 | $0 | → $0 |
| Pledges and Grants Receivable | $0 | $0 | → $0 |
| Receivable From Disqualified Prsn | $0 | $0 | → $0 |
| Receivables From Officers Etc | $0 | $0 | → $0 |
| Investments Other Securities | $0 | $0 | → $0 |
| Investments Program Related | $0 | $0 | → $0 |
| Investments in Publicly Traded Securities | $0 | $0 | → $0 |
| Intangible Assets | $0 | $0 | → $0 |
| Inventories for Sale or Use | $0 | $0 | → $0 |
| Loans From Officers Directors | $0 | $0 | → $0 |
| Prepaid Expenses and Deferred Charges | $0 | $0 | → $0 |
| Total Assets | $37,062 | $37,062 | → $0 |
| Other Assets Total | $0 | $0 | → $0 |
| Liabilities | |||
| Accounts Payable and Accrued Expenses | $514,397 | $514,397 | → $0 |
| Grants Payable | $0 | $0 | → $0 |
| Mortgage Notes Payable Secured by Investment Property | $0 | $0 | → $0 |
| Unsecured Notes Loans Payable | $0 | $0 | → $0 |
| Deferred Revenue | $0 | $0 | → $0 |
| Escrow Account Liability | $0 | $0 | → $0 |
| Tax Exempt Bond Liabilities | $0 | $0 | → $0 |
| Total Liabilities | $514,397 | $514,397 | → $0 |
| Net Assets / Fund Balance | |||
| Net Assets With Donor Restrictions | $0 | $0 | → $0 |
| Net Assets Without Donor Restrictions | $-477,335 | $-477,335 | → $0 |
| Total Net Assets Fund Balance | $-477,335 | $-477,335 | → $0 |
| Total Liabilities and Net Assets / Fund Balance | $37,062 | $37,062 | → $0 |
| Name | Title |
|---|---|
| Howard Jaffe | Chairperson |
| Line Item | Amount |
|---|---|
| Grants and Similar Amounts Paid | $0 |
| Other Expenses | $0 |
| Professional Fundraising Fees | $0 |
| Salaries, Compensation, and Employee Benefits | $0 |
| Total Fundraising Expense | $0 |
| Line Item | Amount |
|---|---|
| Professional Fundraising Fees | $0 |
| Line Item | Beginning | End | Change |
|---|---|---|---|
| Loans from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
| Receivables from Disqualified Persons | $0 | $0 | → $0 |
| Receivables from Officers, Directors, Trustees, and Key Employees | $0 | $0 | → $0 |
“The filing organization has delegated management duties over its financial operations to Kane Financial Services, LLC pursuant to a board-approved agreement”
“The Form 990 is reviewed by the board president and the consulting company.”
“The organization's conflict of interest policy is contained in the employee handbook and is extended to officers and directors. These policies are reviewed through the annual disclosure process.”
“The Board of Directors has authority to fix the compensation of the organization's Executive Director as well as the other officers and key employees. Compensation levels would be set based on current market conditions, the economy and funding sources. Note -- the organization is inactive.”
“The organization makes its governing documents and financial statements available to the public upon request”
“The operations for Silver Lake Center, Inc were inactive”
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/ActivityOrMissionDesc | 0 | Operated nursing homes, provided housing and developed medical programs for the care of the elderly. The entity is inactive. |
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| IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine2Txt | 0 | c/o Susan Shain |
| IRS990/BooksInCareOfDetail/PhoneNum | 0 | 5612234161 |
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| IRS990/BooksInCareOfDetail/USAddress/CityNm | 0 | West Palm Beach |
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| IRS990/Desc | 0 | The organization operated a skilled nursing facility with a capacity of 174 beds, dedicated and committed to providing rehabilitation and short- and long-term nursing and medical care of patients and residents. The operations of Silver Lake Center, Inc. were inactive. |
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| IRS990/Form990PartVIISectionAGrp/TitleTxt | 0 | Chairperson |
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| IRS990/FormationYr | 0 | 2008 |
| IRS990/FormerOfcrEmployeesListedInd | 0 | 0 |
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| IRS990/GrantsPayableGrp/BOYAmt | 0 | 0 |
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| IRS990/GrantsToOrganizationsInd | 0 | 0 |
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| IRS990/IntangibleAssetsGrp/EOYAmt | 0 | 0 |
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| IRS990/MinutesOfGoverningBodyInd | 0 | 1 |
| IRS990/MissionDesc | 0 | Silver Lake Center, Inc.'s mission included the operation of one or more nursing homes, provision of housing for the elderly, development of medical programs for the care of the elderly and education of healthcare personnel in proper care of the elderly. The entity is inactive. |
| IRS990/MoreThan5000KToIndividualsInd | 0 | 0 |
| IRS990/MoreThan5000KToOrgInd | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/BOYAmt | 0 | 0 |
| IRS990/MortgNotesPyblScrdInvstPropGrp/EOYAmt | 0 | 0 |
| IRS990/NetAssetsOrFundBalancesBOYAmt | 0 | -477335 |
| IRS990/NetAssetsOrFundBalancesEOYAmt | 0 | -477335 |
| IRS990/NetUnrelatedBusTxblIncmAmt | 0 | 0 |
| IRS990/NetUnrlzdGainsLossesInvstAmt | 0 | 0 |
| IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt | 0 | -477335 |
| IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt | 0 | -477335 |
| IRS990/NondeductibleContributionsInd | 0 | 0 |
| IRS990/OfficerMailingAddressInd | 0 | 0 |
| IRS990/OperateHospitalInd | 0 | 0 |
| IRS990/Organization501c3Ind | 0 | X |
| IRS990/OrganizationFollowsFASB117Ind | 0 | X |
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| IRS990/OtherChangesInNetAssetsAmt | 0 | 0 |
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| IRS990/PartialLiquidationInd | 0 | 0 |
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| IRS990/PoliticalCampaignActyInd | 0 | 0 |
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| IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt | 0 | 0 |
| IRS990/PrincipalOfficerNm | 0 | Howard Jaffe |
| IRS990/PriorPeriodAdjustmentsAmt | 0 | 0 |
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| IRS990/PYContributionsGrantsAmt | 0 | 1262660 |
| IRS990/PYExcessBenefitTransInd | 0 | 0 |
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| IRS990/PYOtherExpensesAmt | 0 | 13657 |
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| IRS990/PYRevenuesLessExpensesAmt | 0 | 1249003 |
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| IRS990/RegularMonitoringEnfrcInd | 0 | 1 |
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| IRS990/RentalIncomeOrLossGrp/PersonalAmt | 0 | 0 |
| IRS990/RentalIncomeOrLossGrp/RealAmt | 0 | 0 |
| IRS990/ReportInvestmentsOtherSecInd | 0 | 0 |
| IRS990/ReportLandBuildingEquipmentInd | 0 | 0 |
| IRS990/ReportOtherAssetsInd | 0 | 0 |
| IRS990/ReportOtherLiabilitiesInd | 0 | 0 |
| IRS990/ReportProgramRelatedInvstInd | 0 | 0 |
| IRS990/RevenueAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/BOYAmt | 0 | 0 |
| IRS990/SavingsAndTempCashInvstGrp/EOYAmt | 0 | 0 |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/ExplanationTxt | 0 | Schedule A, Part III, Line 12 - Miscellaneous revenues |
| IRS990ScheduleA/Form990ScheduleAPartVIGrp/FormAndLineReferenceDesc | 0 | Schedule A, Part III, Line 12 |
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| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 308423 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 1102638 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 100000 |
| IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt | 0 | 2773721 |
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| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt | 0 | 1932 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt | 0 | 10709 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt | 0 | 6196 |
| IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt | 0 | 18837 |
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| IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt | 0 | 14971264 |
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| IRS990ScheduleA/PublicSupportPY509Pct | 0 | 0.99943 |
| IRS990ScheduleA/PublicSupportTotal509Amt | 0 | 36766241 |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine1 | 0 | RESTRICTED |
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| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City | 0 | RESTRICTED |
| IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State | 0 | RESTRICTED |
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| IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt | 0 | RESTRICTED |
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| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 0 | The operations for Silver Lake Center, Inc were inactive |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 1 | The filing organization has delegated management duties over its financial operations to Kane Financial Services, LLC pursuant to a board-approved agreement |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 2 | The Form 990 is reviewed by the board president and the consulting company. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 3 | The organization's conflict of interest policy is contained in the employee handbook and is extended to officers and directors. These policies are reviewed through the annual disclosure process. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 4 | The Board of Directors has authority to fix the compensation of the organization's Executive Director as well as the other officers and key employees. Compensation levels would be set based on current market conditions, the economy and funding sources. Note -- the organization is inactive. |
| IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt | 5 | The organization makes its governing documents and financial statements available to the public upon request |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 0 | Form 990, Part III, Line 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 1 | Form 990, Part VI, Section A, Line 3 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 2 | Form 990, Part VI, Section B, Line 11b |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 3 | Form 990, Part VI, Section B, Line 12c |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 4 | Form 990, Part VI, Section B, Line 15 |
| IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc | 5 | Form 990, Part VI, Section C, Line 19 |
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| IRS990/TotalAssetsGrp/BOYAmt | 0 | 37062 |
| IRS990/TotalAssetsGrp/EOYAmt | 0 | 37062 |
| IRS990/TotalCompGreaterThan150KInd | 0 | 0 |
| IRS990/TotalContributionsAmt | 0 | 0 |
| IRS990/TotalEmployeeCnt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/FundraisingAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ManagementAndGeneralAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/ProgramServicesAmt | 0 | 0 |
| IRS990/TotalFunctionalExpensesGrp/TotalAmt | 0 | 0 |
| IRS990/TotalGrossUBIAmt | 0 | 0 |
| IRS990/TotalLiabilitiesBOYAmt | 0 | 514397 |
| IRS990/TotalLiabilitiesEOYAmt | 0 | 514397 |
| IRS990/TotalLiabilitiesGrp/BOYAmt | 0 | 514397 |
| IRS990/TotalLiabilitiesGrp/EOYAmt | 0 | 514397 |
| IRS990/TotalNetAssetsFundBalanceGrp/BOYAmt | 0 | -477335 |
| IRS990/TotalNetAssetsFundBalanceGrp/EOYAmt | 0 | -477335 |
| IRS990/TotalOtherCompensationAmt | 0 | 0 |
| IRS990/TotalOtherProgSrvcExpenseAmt | 0 | 0 |
| IRS990/TotalOtherProgSrvcGrantAmt | 0 | 0 |
| IRS990/TotalOtherProgSrvcRevenueAmt | 0 | 0 |
| IRS990/TotalProgramServiceExpensesAmt | 0 | 0 |
| IRS990/TotalProgramServiceRevenueAmt | 0 | 0 |
| IRS990/TotalReportableCompFromOrgAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/ExclusionAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/RelatedOrExemptFuncIncomeAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/TotalRevenueColumnAmt | 0 | 0 |
| IRS990/TotalRevenueGrp/UnrelatedBusinessRevenueAmt | 0 | 0 |
| IRS990/TotalVolunteersCnt | 0 | 0 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/BOYAmt | 0 | 37062 |
| IRS990/TotLiabNetAssetsFundBalanceGrp/EOYAmt | 0 | 37062 |
| IRS990/TotReportableCompRltdOrgAmt | 0 | 0 |
| IRS990/TrnsfrExmptNonChrtblRltdOrgInd | 0 | 0 |
| IRS990/TypeOfOrganizationCorpInd | 0 | X |
| IRS990/UnrelatedBusIncmOverLimitInd | 0 | 0 |
| IRS990/UnsecuredNotesLoansPayableGrp/BOYAmt | 0 | 0 |
| IRS990/UnsecuredNotesLoansPayableGrp/EOYAmt | 0 | 0 |
| IRS990/UponRequestInd | 0 | X |
| IRS990/USAddress/AddressLine1Txt | 0 | Two Bala Cynwyd Plaza |
| IRS990/USAddress/AddressLine2Txt | 0 | Suite 300 |
| IRS990/USAddress/CityNm | 0 | Bala Cynwyd |
| IRS990/USAddress/StateAbbreviationCd | 0 | PA |
| IRS990/USAddress/ZIPCd | 0 | 19004 |
| IRS990/VotingMembersGoverningBodyCnt | 0 | 1 |
| IRS990/VotingMembersIndependentCnt | 0 | 1 |
| IRS990/WhistleblowerPolicyInd | 0 | 1 |
| ReturnHeader/BuildTS | 0 | 2024-10-15 13:58:12Z |
| ReturnHeader/BusinessOfficerGrp/PersonNm | 0 | Jason Wald |
| ReturnHeader/BusinessOfficerGrp/PersonTitleTxt | 0 | Vice President of Finance |
| ReturnHeader/BusinessOfficerGrp/PhoneNum | 0 | 5612234269 |
| ReturnHeader/BusinessOfficerGrp/SignatureDt | 0 | 2024-11-08 |
| ReturnHeader/Filer/BusinessName/BusinessNameLine1Txt | 0 | SILVER LAKE CENTER INC |
| ReturnHeader/Filer/BusinessNameControlTxt | 0 | SILV |
| ReturnHeader/Filer/EIN | 0 | 263411635 |
| ReturnHeader/Filer/PhoneNum | 0 | 2153466454 |
| ReturnHeader/Filer/USAddress/AddressLine1Txt | 0 | Two Bala Cynwyd Plaza Suite 300 |
| ReturnHeader/Filer/USAddress/CityNm | 0 | Baya Cynwyd |
| ReturnHeader/Filer/USAddress/StateAbbreviationCd | 0 | PA |
| ReturnHeader/Filer/USAddress/ZIPCd | 0 | 19004 |
| ReturnHeader/IRSResponsiblePrtyInfoCurrInd | 0 | 1 |
| ReturnHeader/ReturnTs | 0 | 2024-11-13T10:53:34-07:00 |
| ReturnHeader/ReturnTypeCd | 0 | 990 |
| ReturnHeader/TaxPeriodBeginDt | 0 | 2023-01-01 |
| ReturnHeader/TaxPeriodEndDt | 0 | 2023-12-31 |
| ReturnHeader/TaxYr | 0 | 2023 |
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