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Schaffer Extended Care Center

New Rochelle, NY · EIN 46-2929888 · 501(c)(3) · Hospital or medical research organization
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Schaffer Extended Care Center reported $17.8 million in revenue and $26.6 million in expenses for calendar year 2024. Of every $100 it spent, $96.59 went to program services, $3.41 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: 99.4% of the total. The highest compensation it reported for one person was $16,690,037 (PRESIDENT & CEO). 29 people received more than $100,000 in reportable compensation. Revenue rose 18% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $27M

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 $18M

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)
96.6%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
3.4%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
Not reported$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.6%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
0.6%0.1%
Program service revenue share
Part VIII 2g ÷ 12
99.4%93.7%
Highest reported compensation
Part VII-A, columns D–F
$16,690,037$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
62.83%1.34%
People paid over $100,000
Part VII, line 2
2927
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-20.16.6
Independent voting board members
Part VI 1a–1b
32 of 3388.9%

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
$26M expenses · 100.0% of program spending · revenue $18M

The Schaffer Extended Care Center at montefiore new rochelle hospital is part of montefiore health system, the university hospital system for albert einstein college of medicine. The center operates a 150-bed comprehensive skilled nursing facility offering short-term rehabilitation/sub-acute care and skilled long-term care that provide a wide range of healthcare and social services for medically frail seniors and those with chronic conditions or disabilities. Since our beginning, our rehabilitation program has been helping cardiopulmonary, orthopaedic, and surgery patients to return to their…

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
PRESIDENT & CEO
Director/trustee, officer, 5.0 hrs/week
$0$16,639,270$50,767$16,690,037
EXEC VP & CFO
Officer, 5.0 hrs/week
$0$4,248,644$31,364$4,280,008
SYSTEM SENIOR VP-OPERATIONS
Key employee, 5.0 hrs/week
$0$3,093,931$24,250$3,118,181
ASSISTANT SECRETARY
Officer, 5.0 hrs/week
$0$1,918,564$47,673$1,966,237
VP & EXEC DIRECTOR MNR
Key employee, 20.0 hrs/week
$0$542,348$47,743$590,091
REGISTERED NURSE
Highest compensated employee, 60.0 hrs/week
$228,062$0$40,872$268,934
REGISTERED NURSE
Highest compensated employee, 60.0 hrs/week
$215,023$0$39,372$254,395
NURSING SUPERVISOR
Highest compensated employee, 60.0 hrs/week
$243,628$0$0$243,628

29 people received more than $100,000 in reportable compensation from Schaffer Extended Care Center (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40M201920202021202220232024$18M$27M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$18M$27M96.6%−$45M$16,690,037
2023 ⓘ$17M$26M97.4%−$36M$16,361,629
2022 ⓘ$18M$24M95.6%−$25M$9,906,213
2021 ⓘ$16M$23M95.6%−$19M$8,322,648
2020 ⓘ$16M$22M95.6%−$11M$7,422,610
2019 ⓘ$15M$22M95.1%−$5.4M$16,832,907

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–1b33 · 32 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 5155

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
SMK LIMITLESS CONSTRUCTION GROUP CORP
Contractual service
$544,105
CROSS COUNTRY STAFFING INC
Staffing services
$337,281
SECURITAS SECURITY SERVICES USA INC
Security services
$336,472

Individuals listed as contractors are left out. 12 contractors were paid more than $100,000 in all.

Correct a figure or respond

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

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Questions people ask

How much of Schaffer Extended Care Center's spending goes to programs?

In calendar year 2024, Schaffer Extended Care Center reported that 96.6% of its $26.6 million in expenses went to program services, 3.4% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Schaffer Extended Care Center pay its top executive?

The largest total compensation Schaffer Extended Care Center reported for one person in calendar year 2024 was $16,690,037, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Schaffer Extended Care Center get its money?

Of $17.8 million in revenue in calendar year 2024, 0.6% came from contributions and grants (including 0.6% from government grants) and 99.4% from program service revenue (Form 990, Part VIII).

Is Schaffer Extended Care Center a registered charity?

The IRS lists EIN 46-2929888 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 202513179349311956 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202423199349309782 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202313129349301331 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202243149349306939 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202113159349309056 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202043169349303979 · read the filing

All filings for EIN 46-2929888: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.