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The Silvercrest Center for Nursing and Rehabilitation

Jamaica, NY · EIN 11-2925535 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

The Silvercrest Center for Nursing and Rehabilitation reported $66.4 million in revenue and $74.1 million in expenses for calendar year 2024. Of every $100 it spent, $95.40 went to program services, $4.60 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 96.5% of the total. The highest compensation it reported for one person was $1,951,744 (TRUSTEE). 100 people received more than $100,000 in reportable compensation. Revenue rose 14% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $74M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $66M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
95.4%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
4.6%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
2.8%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
2.8%0.1%
Program service revenue share
Part VIII 2g ÷ 12
96.5%93.7%
Highest reported compensation
Part VII-A, columns D–F
$1,951,744$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.63%1.34%
People paid over $100,000
Part VII, line 2
10027
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-5.96.6
Independent voting board members
Part VI 1a–1b
4 of 1088.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$71M expenses · 100.0% of program spending · revenue $64M

Scnr is a skilled nursing facility for 320 residents that provides ventilator-respiratory care, short-term rehabilitation and long-term care for alzheimer and geriatric patients. In 2024, we had 1,000 admissions and discharged 1,010 residents back to their homes. We rendered a total of 111,018 days of resident care

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
TRUSTEE
Director/trustee, 1.0 hrs/week
$0$1,878,488$73,256$1,951,744
TRUSTEE (THRU 4/2024)
Director/trustee, 1.0 hrs/week
$0$1,687,371$31,553$1,718,924
CHAIRMAN
Director/trustee, officer, 1.0 hrs/week
$0$1,278,734$75,174$1,353,908
TRUSTEE
Director/trustee, 1.0 hrs/week
$0$1,096,601$87,447$1,184,048
TRUSTEE
Director/trustee, 1.0 hrs/week
$0$947,738$87,553$1,035,291
PRESIDENT/CEO
Officer, 50.0 hrs/week
$0$516,990$104,827$621,817
TRUSTEE
Director/trustee, 1.0 hrs/week
$0$435,589$57,445$493,034
TRUSTEE/TREASURER
Director/trustee, officer, 3.0 hrs/week
$0$424,611$21,676$446,287

100 people received more than $100,000 in reportable compensation from The Silvercrest Center for Nursing and Rehabilitation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.5M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80M201920202021202220232024$66M$74M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$66M$74M95.4%−$36M$1,951,744
2023 ⓘ$63M$70M95.3%−$29M$1,927,066
2022 ⓘ$62M$67M91.4%−$21M$1,678,633
2021 ⓘ$54M$60M87.8%−$17M$1,592,439
2020 ⓘ$56M$65M89.5%−$10M$1,574,573
2019 ⓘ$58M$58M89.0%−$1.1M$1,522,688

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b10 · 4 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5488

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
MORRISON MANAGEMENT
Food services
$4,640,159
THERADYNAMICS REHAB MANAGEMENT
Nursing services
$1,752,409
WHITE GLOVE INC
Nursing and healthcare services
$663,957
MERIDIAN NURSE RECRUITERS
Recruiter services
$519,420
PROSEGUR SERVICE
Security services
$426,521

Individuals listed as contractors are left out. 18 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to The Silvercrest Center for Nursing and Rehabilitation totaling $11 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from The Silvercrest Center for Nursing and Rehabilitation's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Silvercrest Center for Nursing and Rehabilitation, you can publish a response that is linked from this page.

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Questions people ask

How much of The Silvercrest Center for Nursing and Rehabilitation's spending goes to programs?

In calendar year 2024, The Silvercrest Center for Nursing and Rehabilitation reported that 95.4% of its $74.1 million in expenses went to program services, 4.6% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does The Silvercrest Center for Nursing and Rehabilitation pay its top executive?

The largest total compensation The Silvercrest Center for Nursing and Rehabilitation reported for one person in calendar year 2024 was $1,951,744, for the role of TRUSTEE (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Silvercrest Center for Nursing and Rehabilitation get its money?

Of $66.4 million in revenue in calendar year 2024, 2.8% came from contributions and grants (including 2.8% from government grants) and 96.5% from program service revenue (Form 990, Part VIII).

Is The Silvercrest Center for Nursing and Rehabilitation a registered charity?

The IRS lists EIN 11-2925535 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202543159349301349 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202433169349303358 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202343139349301034 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202233079349303308 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202123439349300907 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202023169349300042 · read the filing

All filings for EIN 11-2925535: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.