Parker at Somerset
Parker at Somerset reported $16.3 million in revenue and $33.3 million in expenses for calendar year 2025. Of every $100 it spent, $89.18 went to program services, $10.82 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: 99.7% of the total. The highest compensation it reported for one person was $870,456 (PRESIDENT/CEO). 31 people received more than $100,000 in reportable compensation. Revenue rose 51% between 2019 and 2025. Source: Form 990, 2025.
Where $100 of spending went
Calendar year 2025 · Form 990, Part IX, line 25 · total expenses $33MFor 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 2025 · Form 990, Part VIII · total revenue $16MThe 990 scorecard · same measures for every charity, no grades
| Measure | 2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 89.2% | 85.6% |
| Management & general Part IX 25(C) ÷ 25(A) | 10.8% | 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 | 0.0% | 1.3% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 0.1% |
| Program service revenue share Part VIII 2g ÷ 12 | 99.7% | 93.7% |
| Highest reported compensation Part VII-A, columns D–F | $870,456 | $975,831 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 2.61% | 1.34% |
| People paid over $100,000 Part VII, line 2 | 31 | 27 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 20.9 | 6.6 |
| Independent voting board members Part VI 1a–1b | 19 of 20 | 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
2025 · Form 990, Part III · the three largest programs by expenseParker at somerset is located in somerset, nj, and provides high-quality post-acute care and long-term nursing services to the elder population. Care and services are provided to generate the best possible outcomes for the patients and residents. Post-acute care is comprised of 32 beds and long-term care serves 88 residents, totaling 120 beds. The average census was 114 for 2025
Highest reported compensation
2025 · 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 |
|---|---|---|---|---|
| PRESIDENT/CEO Director/trustee, officer, 3.00 hrs/week | $0 | $797,675 | $72,781 | $870,456 |
| CFO Officer, 3.00 hrs/week | $0 | $296,250 | $33,154 | $329,404 |
| LICENSED NURSING HOME ADMINISTRATOR Key employee, 40.00 hrs/week | $217,241 | $0 | $26,515 | $243,756 |
| REGISTERED NURSE Highest compensated employee, 40.00 hrs/week | $213,109 | $0 | $20,924 | $234,033 |
| REGISTERED NURSE Highest compensated employee, 40.00 hrs/week | $171,984 | $0 | $21,569 | $193,553 |
| ASSISTANT ADMINISTRATOR Key employee, 40.00 hrs/week | $163,668 | $0 | $22,402 | $186,070 |
| REGISTERED NURSE Highest compensated employee, 40.00 hrs/week | $162,094 | $0 | $16,435 | $178,529 |
| DIRECTOR OF NURSING Key employee, 40.00 hrs/week | $161,155 | $0 | $14,666 | $175,821 |
31 people received more than $100,000 in reportable compensation from Parker at Somerset (Part VII, line 2). Compensation of current officers, directors and key employees totaled $606K (Part IX, line 5).
7 years of filings
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linkedGovernance answers, as filed
2025 · 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–1b20 · 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 4No
- 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 5341
- Volunteers Part I, line 625
Correct a figure or respond
Every number above is copied from Parker at Somerset's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Parker at Somerset, you can publish a response that is linked from this page.
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Of every $100 Parker at Somerset spent in 2025, $89.18 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Parker at Somerset's spending goes to programs?
In calendar year 2025, Parker at Somerset reported that 89.2% of its $33.3 million in expenses went to program services, 10.8% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Parker at Somerset pay its top executive?
The largest total compensation Parker at Somerset reported for one person in calendar year 2025 was $870,456, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Parker at Somerset get its money?
Of $16.3 million in revenue in calendar year 2025, 0.0% came from contributions and grants and 99.7% from program service revenue (Form 990, Part VIII).
Is Parker at Somerset a registered charity?
The IRS lists EIN 47-1944928 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, 2025. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- 2025: Form 990 for calendar year 2025, object 202612549349301011 · read the filing
- 2024: Form 990 for calendar year 2024, object 202502659349301400 · read the filing
- 2023: Form 990 for calendar year 2023, object 202432679349300763 · read the filing
- 2022: Form 990 for calendar year 2022, object 202322589349301867 · read the filing
- 2021: Form 990 for calendar year 2021, object 202202789349300700 · read the filing
- 2020: Form 990 for calendar year 2020, object 202122659349301722 · read the filing
- 2019: Form 990 for calendar year 2019, object 202043179349302559 · read the filing
All filings for EIN 47-1944928: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.