Civic Intelligence

Benjamin Rose Institute on Aging

990 • Fiscal year 2019 • EIN 34-0714482

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 05, 2020

11890 Fairhill RoadCleveland, OH 44120-1053

(216) 373-1602

Siviq Scores

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

Liabilities / Assets

20th percentile

0.06x

Higher debt load relative to assets than 20% of similar nonprofits.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2019

Liabilities / Revenue

71st percentile

0.96x

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

2019 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2019

Net Margin

13th percentile

-11%

Higher net margin than 13% of similar nonprofits.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2019

Top Officer Pay

48th percentile

$458,995

Higher top officer pay than 48% of similar nonprofits.

Top officer pay equals 4.7% of source-year revenue.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Source year 2019

Asset Growth

73rd percentile

12%

Faster asset growth than 73% of similar nonprofits.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2018 to 2019

Revenue Growth

61st percentile

7.2%

Faster revenue growth than 61% of similar nonprofits.

2019 filings • 501(c)3 • $100M-$250M nonprofits • Annualized from 2018 to 2019

Assets

Up

$152,625,930

Up $16,134,585 (+12%) from 2018

Net Assets

Up

$143,345,407

Up $19,197,200 (+15%) from 2018

Liabilities

Down

$9,280,523

Down $3,062,615 (-25%) from 2018

Revenue

Up

$9,684,477

Up $648,029 (+7.2%) from 2018

Expenses

Down

$10,748,769

Down $1,869,669 (-15%) from 2018

Net Income

Up

-$1,064,292

Up $2,517,698 (+70%) from 2018

Historical Trend

Balance Sheet Trend

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

$200M$150M$100M$50M$0Assets 2010: $129,952,848Liabilities 2010: $16,881,641Net Assets 2010: $113,071,2072010Assets 2011: $120,559,683Liabilities 2011: $15,932,844Net Assets 2011: $104,626,8392011Assets 2012: $127,978,894Liabilities 2012: $13,835,757Net Assets 2012: $114,143,1372012Assets 2013: $141,602,025Liabilities 2013: $13,655,181Net Assets 2013: $127,946,8442013Assets 2014: $147,805,529Liabilities 2014: $14,397,828Net Assets 2014: $133,407,7012014Assets 2015: $139,136,039Liabilities 2015: $12,410,010Net Assets 2015: $126,726,0292015Assets 2016: $139,696,975Liabilities 2016: $10,292,795Net Assets 2016: $129,404,1802016Assets 2017: $152,530,468Liabilities 2017: $12,394,282Net Assets 2017: $140,136,1862017Assets 2018: $136,491,345Liabilities 2018: $12,343,138Net Assets 2018: $124,148,2072018Assets 2019: $152,625,930Liabilities 2019: $9,280,523Net Assets 2019: $143,345,4072019Assets 2020: $163,951,646Liabilities 2020: $8,863,178Net Assets 2020: $155,088,4682020Assets 2021: $183,513,038Liabilities 2021: $7,374,248Net Assets 2021: $176,138,7902021Assets 2022: $155,147,131Liabilities 2022: $5,261,252Net Assets 2022: $149,885,8792022Assets 2023: $171,894,125Liabilities 2023: $11,648,157Net Assets 2023: $160,245,9682023Assets 2024: $182,703,957Liabilities 2024: $10,929,832Net Assets 2024: $171,774,1252024

Highlighted filing

2019

Assets$152,625,930
Liabilities$9,280,523
Net Assets$143,345,407

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $9,837,7842010Expenses 2011: $9,720,5382011Expenses 2012: $9,855,4032012Revenue 2013: $8,447,954Expenses 2013: $9,336,976Net Income 2013: -$889,0222013Revenue 2014: $9,391,458Expenses 2014: $9,589,386Net Income 2014: -$197,9282014Revenue 2015: $10,658,612Expenses 2015: $11,214,570Net Income 2015: -$555,9582015Revenue 2016: $9,493,581Expenses 2016: $10,916,911Net Income 2016: -$1,423,3302016Revenue 2017: $9,314,198Expenses 2017: $11,049,876Net Income 2017: -$1,735,6782017Revenue 2018: $9,036,448Expenses 2018: $12,618,438Net Income 2018: -$3,581,9902018Revenue 2019: $9,684,477Expenses 2019: $10,748,769Net Income 2019: -$1,064,2922019Revenue 2020: $11,841,376Expenses 2020: $10,489,015Net Income 2020: $1,352,3612020Revenue 2021: $14,549,459Expenses 2021: $10,515,039Net Income 2021: $4,034,4202021Revenue 2022: $7,517,793Expenses 2022: $7,173,205Net Income 2022: $344,5882022Revenue 2023: $8,465,119Expenses 2023: $7,580,272Net Income 2023: $884,8472023Revenue 2024: $9,102,447Expenses 2024: $7,957,276Net Income 2024: $1,145,1712024

Highlighted filing

2019

Revenue$9,684,477
Expenses$10,748,769
Net Income-$1,064,292
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 5, 2020
Return Version
2019v5.1
Gross Receipts
$15,296,791
Mission and Program Overview

Mission

The mission of benjamin rose institute on aging is to advance support for older adults and caregivers.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments in Publicly Traded Securities$31,104,402$33,037,920▲ $1,933,518
Land, Buildings, and Equipment, Net$2,941,756$12,240,484▲ $9,298,728
Other Notes and Loans Receivable, Net$4,551,202$0▼ $4,551,202
Pledges and Grants Receivable$534,611$576,504▲ $41,893
Accounts Receivable$407,358$327,955▼ $79,403
Cash and Non-Interest-Bearing Accounts$280,947$313,390▲ $32,443
Savings and Temporary Cash Investments$138,488$142,309▲ $3,821
Prepaid Expenses and Deferred Charges$121,411$65,930▼ $55,481
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Investments Program Related$1,405,525$-2,942,140▼ $4,347,665
Total Assets$136,491,345$152,625,930▲ $16,134,585
Other Assets Total$95,005,645$108,863,578▲ $13,857,933
Liabilities
Other Liabilities$9,672,766$7,723,310▼ $1,949,456
Accounts Payable and Accrued Expenses$2,334,390$1,533,207▼ $801,183
Deferred Revenue$335,982$24,006▼ $311,976
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Escrow Account Liability$0$0→ $0
Tax Exempt Bond Liabilities$0$0→ $0
Total Liabilities$12,343,138$9,280,523▼ $3,062,615
Net Assets / Fund Balance
Net Assets With Donor Restrictions$94,623,706$108,462,575▲ $13,838,869
Net Assets Without Donor Restrictions$29,524,501$34,882,832▲ $5,358,331
Total Net Assets Fund Balance$124,148,207$143,345,407▲ $19,197,200
Total Liabilities and Net Assets / Fund Balance$136,491,345$152,625,930▲ $16,134,585

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$10,083,388$5,807,536$15,890,924
Equipment$986,390$1,194,120$2,180,510
Land$1,096,179-$1,096,179
Other Land Buildings$74,527$39,226$113,753
Other Assets Org$1,679,846--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2019$31,166,917$162,955▲ $5,737,363$3,980,537$33,086,698
2018$35,594,459$33,250▼ $1,039,341$3,421,451$31,166,917
2017$27,889,533$3,500▲ $4,694,822$-3,006,604$35,594,459
2016$27,738,616$3,500▲ $1,800,389$1,652,972$27,889,533
2015$28,976,815$4,250▼ $304,733$937,716$27,738,616
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Richard BrowdiePRESIDENT & CEO (To 12/31/18)-$422,636$458,995$458,995
Frank CardinaleSR VP FIN. & CFO (To 9/2019)FT$270,411$13,340$283,751
Orion H Bell IvPRESIDENT & CEO (Beg. 4/22/19)FT$165,601$41,742$207,343
Mary MaritaSr VP & COOFT$179,992$25,354$205,346
David BassSr VP ResearchFT$166,790$10,265$177,055
Susan EaganVP of Strategic DevelopmentFT$149,834$19,987$169,821
Carol WhitlatchAssistant DirectorFT$127,697$23,074$150,771
Farida EjazSr Research Scientist IiFT$128,195$15,458$143,653

Board Members and Trustees

NameTitle
Cynthia H DunnChairperson
Emily a DrakePast Chairperson
Nancy a AdamsVice Chair & Secretary
Amy Scott Gilchrist JBoard Member
Annapurna Valluri PhdBoard Member
Barbara Bellin JanovitBoard Member
Belva Denmark TibbsBoard Member
Christine a LobasBoard Member
Connie Hill-JohnsonBoard Member
Deborah Enty Thru 12Board member
Denise M Kresevic PhdBoard Member
Diane DowningBoard Member
Elizabeth F StueberBoard Member
Giesele Robinson GreenBoard Member
Hermine Krasny OstroBoard Member
Jennifer I MarkworthBoard Member
Katherine B HollingswBoard Member
Kathryn Bryan PhDBoard Member
Kathryn Kaesbergboard member
Lori Lozier Mssa LiswBoard Member
Maggie Jackson PhdBoard Member
Nancy M Barnes JdBoard Member
Patricia R Frutig JdBoard Member
Sue OmoriBoard member
Yvette M IttuBoard Member
Sarah M DimlingTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Keystone Technology Consultants INCIT Services787 Wye Road, Akron, OH 44333$721,000
Comfort Systems USA Ohio IncHvac Services7401 First Place, Oakwood Village, OH 44146$514,286
Dunn Solutions GroupIt Services5550 W TOUHY AVE, Skokie, IL 60077$395,739
Senior Transportation ConnectionTransportation4735 West 150th Street STE A, Cleveland, OH 44135$232,076
HW CompanyAccounting Services23240 Chargrin Blvd Suite 700, Cleveland, OH 44122$109,157
Revenue and Support

Revenue Composition

Contributions and Grants
$6,980,250
Program Service Revenue
$3,054,752
Investment Income
$850,156
Other Revenue
$-1,200,681
All Other Contributions
$5,301,961
Change in Net Assets
$-1,064,292
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,224,401
Other Expenses$3,524,368
Total Fundraising Expense$243,094
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,686,635$1,211,134$173,533$5,071,302
Fees for Services Other$1,046,849$868,872$599$1,916,320
Current Officers, Directors, Trustees, and Key Employees$333,169$616,919-$950,088
Other Employee Benefits$468,838$43,781$22,443$535,062
Payroll Taxes$268,066$122,733$12,179$402,978
Office Expenses$302,754$56,383$7,562$366,699
Pension Plan Contributions$170,114$86,219$8,638$264,971
Travel$148,570$14,268$2,068$164,906
Insurance$49,640$64,679$451$114,770
Advertising-$102,983$800$103,783
Fees for Service Investment Mgmnt Fees-$77,907-$77,907
Fees for Services Legal$212$62,486-$62,698
Depreciation Depletion$58,904--$58,904
Occupancy$23,827$7,269$2,068$33,164
Other Expenses$27,966$4,370$692$33,028
Conferences and Meetings$17,708-$3,473$21,181
All Other Expenses$7,936$10,209$636$18,781
Total Functional Expenses$7,091,118$3,414,557$243,094$10,748,769
Fundraising, Events, and Gaming
Fundraising activities
Yes
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Gross Income$31,349
Fundraising Direct Expenses$22,716
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0

Fundraising Events

EventGross ReceiptsGross RevenueDirect ExpensesNet Income
Rcaw Gala$84,705$31,349$5,604$25,745
Total Events$84,705$31,349$22,716$8,633
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
Yes
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Variable Rate Taxable Demand N$5,610,000
Line of Credit$1,400,000
Deferred Retirement Obligation$501,819
Due to Related Parties$209,556
Deposits for Home Healthcare S$1,935
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
Yes
Key decisions subject to board approval
No
Management duties delegated
No
Filing and Contact Details

Filer

Filer Name
Benjamin Rose Institute on Aging
EIN
34-0714482
In Care Of
% JANICE BRENNAN CPA
Phone
2163731602
Address
11890 Fairhill Road, Cleveland, OH 44120-1053

Signing Officer

Name
Janice Brennan CPA
Title
Sr. VP & CFO
Phone
2167918000
Signed
2020-11-05
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Orion H Bell IV
Formed
1908
Legal Domicile
Oh
Voting Board Members
26
Independent Board Members
24
Employees
240
Volunteers
125

Preparer

Firm
Hw&co
Address
23240 Chagrin Blvd Suite 700, Cleveland, OH 44122-5450
Preparer
Brandon R Miller CPA CGMA
Phone
2168311200
Supplemental Narrative

Additional Explanations

Documents Available to Public

Page 6, part vi, section c, #19 the organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request.

Monitor and Enforce Conflict of Interest Policy

Page 6, part vi, section b, #12c the organization distributes conflict of interest statements that the board members and officers sign and return on an annual basis. In addition, all staff are required to sign the organization's corporate compliance statement annually as part of its corporate compliance program.

Form 990 Review Process

Page 6, part vi, section b, #11b the form 990 will be forwarded to all board members at the board meeting preceeding the filing date. At that time, a review of the form 990 will commence and any recommended changes will be made prior to filing with the irs.

Process for Determining Compensation

PAGE 6, PART VI, SECTION B, #15A & 15B The HUMAN RESOURCES department provides the board chair with salary INFORMATION from similar organizations. The chair then reviews this INFORMATION with the board'S executive committee when implementing annual salary and benefit increases for the president and CEO. The president and CEO reviews THE data and makes recommendations to the board chair for the remaining executive management staff, which includes officers and key employees. ALL PROCESSES ARE DOCUMENTED AT THE TIME THE DECISIONS ARE MADE.

Reconciliation of Net Assets

PAGE 12, PART XI, #9 Other changes in net assets or fund balances: BENEFICIAL INTEREST IN CHARITABLE PERPETUAL TRUSTS $ 13,357,807 ASSETS RELEASED FROM RESTRICTIONS (41,563) FORGIVENESS OF DEBT (A) (2,008,627) -------------- $11,307,617 (A) - The Organization entered into a New Market Tax Credit Program in 2012 from which the forgiven debt is the financial benefit to BRIA at the conclusion of this program.

Interest in Perpetual Trusts

SCHEDULE D, PART IX, #1 The Organization has been named as sole or partial beneficiary in certain perpetual trusts. The fair value of that beneficial interest has been measured and recorded as an asset on the books of Benjamin Rose. This fair value is adjusted each quarter based on the assets reported in the trusts. Distributions from the trusts to Benjamin Rose are recorded as income when received. Due to the size of these trusts and related distributions, the value of annual distributions received are also reported on Schedule B, the Schedule of Contributors and totaled $4,787,022 in 2019.

Form 990 Part IX Line 11G

Description:other professional fees total fees:1475572

Form 990 Part IX Line 11G

Description:grant purchased services total fees:38596

Form 990 Part IX Line 11G

Description:transporation purchased serv. Total fees:239801

Form 990 Part IX Line 11G

Description:purchased services i.t. Total fees:162351

Raw XML AppendixShowing 400 of 1,171 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/Desc0Eldercare Services Institute, LLC (ESI) provides home and community-based services for older adults and their caregivers, including adult day services, behavioral health services, caregiver support, social work, service coordination and Senior Companion services. Benjamin Rose Institutes charity care policy provides services for eligible persons without charge, or at amounts less than its established rates, based on a sliding scale fee. ESI also provides benefits counseling and education to help older adults and their caregivers access a variety of federal, state and local public benefit programs available to residents of Northeast Ohio. IN EARLY 2019, HOME HEALTH CARE SERVICES, PROVIDED BY ESI, WERE DISCONTINUED.
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IRS990/Form990PartVIISectionAGrp/PersonNm1FRANK CARDINALE
IRS990/Form990PartVIISectionAGrp/PersonNm2ORION H BELL IV
IRS990/Form990PartVIISectionAGrp/PersonNm3Mary Marita
IRS990/Form990PartVIISectionAGrp/PersonNm4David Bass
IRS990/Form990PartVIISectionAGrp/PersonNm5SUSAN EAGAN
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IRS990/Form990PartVIISectionAGrp/PersonNm14GIESELE ROBINSON GREEN
IRS990/Form990PartVIISectionAGrp/PersonNm15Kathryn Bryan PhD
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IRS990/Form990PartVIISectionAGrp/PersonNm17HERMINE KRASNY OSTRO
IRS990/Form990PartVIISectionAGrp/PersonNm18DENISE M KRESEVIC PHD
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IRS990/Form990PartVIISectionAGrp/PersonNm26Sue Omori
IRS990/Form990PartVIISectionAGrp/PersonNm27Deborah Enty Thru 12
IRS990/Form990PartVIISectionAGrp/PersonNm28Jennifer I Markworth
IRS990/Form990PartVIISectionAGrp/PersonNm29BELVA DENMARK TIBBS
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IRS990/Form990PartVIISectionAGrp/PersonNm31ANNAPURNA VALLURI PHD
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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT & CEO (To 12/31/18)
IRS990/Form990PartVIISectionAGrp/TitleTxt1SR VP FIN. & CFO (To 9/2019)
IRS990/Form990PartVIISectionAGrp/TitleTxt2PRESIDENT & CEO (Beg. 4/22/19)
IRS990/Form990PartVIISectionAGrp/TitleTxt3SR VP & COO
IRS990/Form990PartVIISectionAGrp/TitleTxt4Sr VP Research
IRS990/Form990PartVIISectionAGrp/TitleTxt5VP of Strategic Development
IRS990/Form990PartVIISectionAGrp/TitleTxt6Assistant Director
IRS990/Form990PartVIISectionAGrp/TitleTxt7SR RESEARCH SCIENTIST II
IRS990/Form990PartVIISectionAGrp/TitleTxt8board member
IRS990/Form990PartVIISectionAGrp/TitleTxt9BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt10VICE CHAIR & SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt11BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt12BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt13BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt14BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt15BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt16BOARD MEMBER

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$183$10.9$172$9.10$7.96$1.15
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$172$11.6$160$8.47$7.58$0.88
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$155$5.26$150$7.52$7.17$0.34
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$184$7.37$176$14.5$10.5$4.03
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$164$8.86$155$11.8$10.5$1.35
2019Detailed filing. Detailed filing data is available for this year.$153$9.28$143$9.68$10.7$1.06
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$136$12.3$124$9.04$12.6$3.58
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$153$12.4$140$9.31$11.0$1.74
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$140$10.3$129$9.49$10.9$1.42
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$139$12.4$127$10.7$11.2$0.56
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$148$14.4$133$9.39$9.59$0.20
2013Detailed filing. Detailed filing data is available for this year.$142$13.7$128$8.45$9.34$0.89
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$128$13.8$114$9.86
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$121$15.9$105$9.72
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$130$16.9$113$9.84