The Schulman and Schachne Institute for Nursing and Rehabilitation
The Schulman and Schachne Institute for Nursing and Rehabilitation reported $70.6 million in revenue and $91.5 million in expenses for calendar year 2024. Of every $100 it spent, $75.26 went to program services, $24.74 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: 98.2% of the total. The highest compensation it reported for one person was $872,120 (INTERIM CEO OBHS). 178 people received more than $100,000 in reportable compensation. Revenue rose 15% between 2019 and 2024. Source: Form 990, 2024.
Where $100 of spending went
Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $91MFor 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 $71MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2024 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 75.3% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 24.7% | 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 | 1.7% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 1.6% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 98.2% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $872,120 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 0.95% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 178 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | -47.8 | 6.6 |
| Independent voting board members Part VI 1a–1b | 19 of 19 | 88.9% |
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 expenseThe Schulman and Schachne Institute for nursing and rehabilitation is a voluntary, not for profit, residential healthcare facility created to providing patient health care services including medical, nursing rehabilitative, and therapeutic services
Highest reported compensation
2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| INTERIM CEO OBHS Officer, 0.05 hrs/week | $0 | $803,805 | $68,315 | $872,120 |
| EXE. DIR. - OBH & LONG TERM CARE Key employee, 15.00 hrs/week | $0 | $640,550 | $62,353 | $702,903 |
| CFO Officer, 0.05 hrs/week | $0 | $646,832 | $17,751 | $664,583 |
| GENERAL COUNSEL - ASST. SECRETARY Officer, 0.05 hrs/week | $0 | $467,907 | $71,395 | $539,302 |
| VP FOR LT CARE FIN. OPERA./TREASURY Key employee, 20.00 hrs/week | $0 | $340,940 | $59,162 | $400,102 |
| REGISTERED NURSE Highest compensated employee, 40.00 hrs/week | $311,955 | $0 | $60,354 | $372,309 |
| PSYCHIATRIST Highest compensated employee, 40.00 hrs/week | $253,730 | $0 | $42,715 | $296,445 |
| ADMINISTRATOR - THROUGH 10/24 Key employee, 40.00 hrs/week | $276,399 | $0 | $10,922 | $287,321 |
178 people received more than $100,000 in reportable compensation from The Schulman and Schachne Institute for Nursing and Rehabilitation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $530K (Part IX, line 5).
6 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance 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–1b19 · 19 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 5506
- Volunteers Part I, line 619
Largest outside contractors
2024 · Form 990, Part VII, Section B · businesses only| RIGHTSOURCING INC Professional services / staffing | $3,608,221 |
| THERAPIA STAFFING LLC Prof. Services /nursing agency | $2,340,891 |
| UNITEX TEXTILE RENTAL Linen & uniform rental | $480,353 |
| MBS LTD Food purchase | $118,609 |
Individuals listed as contractors are left out. 6 contractors were paid more than $100,000 in all.
Correct a figure or respond
Every number above is copied from The Schulman and Schachne Institute 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 Schulman and Schachne Institute for Nursing and Rehabilitation, you can publish a response that is linked from this page.
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Of every $100 The Schulman and Schachne Institute for Nursing and Rehabilitation spent in 2024, $75.26 went to programs. The full breakdown, from its IRS Form 990:
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Questions people ask
How much of The Schulman and Schachne Institute for Nursing and Rehabilitation's spending goes to programs?
In calendar year 2024, The Schulman and Schachne Institute for Nursing and Rehabilitation reported that 75.3% of its $91.5 million in expenses went to program services, 24.7% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does The Schulman and Schachne Institute for Nursing and Rehabilitation pay its top executive?
The largest total compensation The Schulman and Schachne Institute for Nursing and Rehabilitation reported for one person in calendar year 2024 was $872,120, for the role of INTERIM CEO OBHS (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does The Schulman and Schachne Institute for Nursing and Rehabilitation get its money?
Of $70.6 million in revenue in calendar year 2024, 1.7% came from contributions and grants (including 1.6% from government grants) and 98.2% from program service revenue (Form 990, Part VIII).
Is The Schulman and Schachne Institute for Nursing and Rehabilitation a registered charity?
The IRS lists EIN 23-7085986 as a 501(c)(3) organization (hospital or medical research organization), 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 202503159349305530 · read the filing · XML
- 2023: Form 990 for calendar year 2023, object 202403189349309100 · read the filing
- 2022: Form 990 for calendar year 2022, object 202323199349322907 · read the filing
- 2021: Form 990 for calendar year 2021, object 202203199349326425 · read the filing
- 2020: Form 990 for calendar year 2020, object 202143519349300644 · read the filing
- 2019: Form 990 for calendar year 2019, object 202013189349309121 · read the filing
All filings for EIN 23-7085986: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.