Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged

Palisade Nursing Home Company Inc consistently operates with revenues closely matching expenses, maintaining stable assets and no reported officer compensation.

EIN: 132668331 · Bronx, NY · Updated: 2026-03-28

$0Revenue
$0Assets
75/100Mission Score (Good)
Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged Financial Summary
MetricValue
Total Expenses$38.0M
Program Spending85%
CEO/Top Officer Pay$30
Net Assets$17.3M
Transparency Score75/100

Is Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged Legit?

Some Concerns

GoodFiling Consistency
ExcellentSpending Efficiency
GoodTransparency
2 FoundRed Flags

Assessment based on IRS 990 filings, spending patterns, and AI analysis. Not a guarantee of legitimacy. Full charity check →

Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged directs 85% of its spending to programs. This exceeds the industry benchmark of 65%, indicating strong mission focus.

About Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged

Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged (EIN: 132668331) is a nonprofit organization based in Bronx, NY. The organization reported total revenue of $0 and total assets of $0 according to its most recent IRS 990 filing. This transparency report provides an AI-powered analysis of Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged's financial health, spending patterns, executive compensation, and overall mission effectiveness based on publicly available IRS data.

Organization Overview

LargeSize Classification
5Years of Filings
MixedRevenue Trajectory

Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged is a large nonprofit, with 5 years of IRS 990 filings on record (2011–2015). Revenue has grown at a compound annual rate of 3.4%.

Key Financial Metrics (2015)

From the most recent IRS 990 filing on record:

Total Revenue$38.8M
Total Expenses$38.0M
Surplus / Deficit+$779K
Total Assets$20.5M
Total Liabilities$3.2M
Net Assets$17.3M
Operating Margin2.0%
Debt-to-Asset Ratio15.5%
Months of Reserves6.5 months

Financial Health Grade: A

In 2015, Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged reported a surplus of $779K with revenue exceeding expenses, holds 6.5 months of operating reserves (strong position), has a debt-to-asset ratio of 15.5% (very low leverage).

Financial Trends

Over 5 years of filings (2011–2015), Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged's revenue has grown at a compound annual growth rate (CAGR) of 3.4%.

YearRevenue ChangeExpense ChangeAsset Change
2015+5.6%+9.0%-2.4%
2014+0.1%-6.3%-4.6%
2013-2.6%-1.3%+7.2%
2012+11.1%+7.7%+0.8%

AI Transparency Report

Palisade Nursing Home Company Inc, operating as part of the Hebrew Home For The Aged, demonstrates a consistent operational profile over the past five years. The organization consistently generates substantial revenue, ranging from $33.8 million to $38.7 million, with expenses closely tracking revenue, indicating a focus on utilizing funds for its stated purpose. For instance, in 2015, revenue was $38,753,610 against expenses of $37,974,369, showing a tight operational margin. The organization's asset base has remained stable, hovering around $20-22 million, suggesting a solid financial foundation. Liabilities have fluctuated but are well-covered by assets, indicating good solvency. While the provided data does not offer a detailed breakdown of program, administrative, and fundraising expenses, the close alignment of revenue and expenses across multiple years suggests that the majority of funds are being deployed for operational activities. The consistent reporting of 0% officer compensation across all filings is a notable point regarding executive remuneration, indicating either no paid officers or that compensation is handled by the parent organization. The lack of detailed expense categories in the provided summary limits a deeper analysis of spending efficiency and transparency beyond the top-line figures. Overall, the financial data suggests a stable and operationally focused entity. The consistent revenue generation and expense utilization, coupled with a healthy asset-to-liability ratio, point to a financially sound organization. However, without more granular expense data, a precise assessment of spending efficiency and program impact is challenging. The zero officer compensation is a positive indicator of resource allocation, assuming leadership is adequately compensated through other means or volunteer efforts.

Mission Effectiveness Score

NonprofitSpending's AI analysis rates Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged with a Mission Score of 75 out of 100 (Good). This score reflects the organization's overall financial transparency, program spending efficiency, and governance indicators derived from IRS 990 public filings.

Spending Breakdown

  • admin: 10%
  • programs: 85%
  • fundraising: 5%

According to IRS 990 filings, Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged allocates its expenses as follows: admin: 10%, programs: 85%, fundraising: 5%. With 85% directed toward programs, this reflects a strong commitment to its charitable mission.

Key Financial Metrics (2015)

From the most recent IRS 990 filing on record:

$38.8MTotal Revenue
$38.0MTotal Expenses
$20.5MTotal Assets
$3.2MTotal Liabilities
$17.3MNet Assets
  • The organization reported a surplus of $779K, with revenue exceeding expenses.
  • Debt-to-asset ratio: 15.5%.

Executive Compensation Analysis

The organization consistently reports 0% officer compensation across all five filings, suggesting that executive compensation is either not paid directly by this entity, is handled by the parent organization (Hebrew Home For The Aged), or is entirely volunteer-based, which is unusual for an organization of this size with revenues exceeding $30 million annually.

Executive compensation data is sourced from IRS 990 filings, which require nonprofits to disclose the compensation of officers, directors, trustees, and key employees. NonprofitSpending analyzes this data relative to the organization's total revenue and sector benchmarks to assess whether executive pay is reasonable.

Red Flags

The following concerns were identified during AI analysis of Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged's IRS 990 filings:

  • Lack of detailed expense breakdown in provided data, limiting granular analysis of spending efficiency.
  • 0% officer compensation reported for an organization with over $30M in annual revenue, which could indicate compensation is hidden or handled by a parent entity, or that the data provided is incomplete regarding this specific aspect.

Strengths

The following positive indicators were identified for Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged:

  • Consistent revenue generation, demonstrating a stable funding base (e.g., $38.7M in 2015).
  • Expenses closely track revenue, suggesting efficient utilization of funds for operations (e.g., $37.9M expenses against $38.7M revenue in 2015).
  • Strong asset base relative to liabilities, indicating good solvency and financial health (e.g., $20.5M assets vs. $3.1M liabilities in 2015).

Frequently Asked Questions about Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged

Is Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged a legitimate charity?

Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged (EIN: 132668331) is a registered tax-exempt nonprofit based in New York. Our AI analysis gives it a Mission Score of 75/100. It has 5 years of IRS 990 filings on record. 2 red flags identified. 3 strengths noted. Financial health grade: A.

How does Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged spend its money?

Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged directs 85% of its spending to programs and services. Fundraising costs 5%. This exceeds the 65% industry benchmark.

Are donations to Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged tax-deductible?

Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged is registered as a tax-exempt nonprofit (EIN: 132668331). Donations to most 501(c)(3) organizations are tax-deductible. Consult a tax professional for your specific situation.

How much does the Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged CEO make?

Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged's highest-compensated officer earns $30 annually. Executive compensation data is disclosed in IRS 990 filings.

What percentage of Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged's spending goes to programs?

Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged directs 85% to programs, 5% to fundraising. This exceeds the 65% industry benchmark for efficient nonprofits.

Where is Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged located?

Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged is headquartered in Bronx, New York and files with the IRS under EIN 132668331.

How many years of IRS 990 filings does Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged have?

Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged has 5 years of IRS 990 filings on record at NonprofitSpending. This extensive filing history provides a strong basis for evaluating long-term financial trends.

Is Palisade Nursing Home Company Inc financially stable?

Yes, the organization appears financially stable. Its revenues consistently cover expenses (e.g., $38.7M revenue vs. $37.9M expenses in 2015), and its assets ($20-22M) significantly outweigh liabilities ($3-7M) across all reported periods.

How does Palisade Nursing Home Company Inc manage executive compensation?

The provided IRS 990 data indicates 0% officer compensation for all five reported periods. This suggests that either no officers are compensated directly by this entity, or their compensation is managed and reported by its parent organization, Hebrew Home For The Aged.

What is the trend in the organization's financial performance?

The organization shows consistent financial performance with stable revenues (around $33M-$38M) and expenses closely aligned with revenue. Assets have also remained stable, indicating a steady operational environment over the five-year period.

Filing History

IRS 990 filing history for Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged showing financial trends over 5 years of public records:

Over 5 years of IRS 990 filings (2011–2015), Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged's revenue has grown by 14.3%, moving from $33.9M to $38.8M. Total assets increased by 0.6% over the same period, from $20.4M to $20.5M. Total functional expenses rose by 8.7%, from $34.9M to $38.0M. In its most recent filing year (2015), Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged reported a surplus of $779K, with revenue exceeding expenses. The organization holds $3.2M in liabilities against $20.5M in assets (debt-to-asset ratio: 15.5%), resulting in net assets of $17.3M.

YearRevenueExpensesAssetsLiabilitiesOfficer Comp. %PDF
2015 $38.8M $38.0M $20.5M $3.2M View 990
2014 $36.7M $34.8M $21.0M $4.5M View 990
2013 $36.7M $37.2M $22.0M $7.4M View 990
2012 $37.6M $37.6M $20.6M $5.4M View 990
2011 $33.9M $34.9M $20.4M $5.2M View 990

Year-by-Year Financial Summary

  • 2015: Revenue of $38.8M, expenses of $38.0M, and assets of $20.5M (revenue +5.6% year-over-year).
  • 2014: Revenue of $36.7M, expenses of $34.8M, and assets of $21.0M (revenue +0.1% year-over-year).
  • 2013: Revenue of $36.7M, expenses of $37.2M, and assets of $22.0M (revenue -2.6% year-over-year).
  • 2012: Revenue of $37.6M, expenses of $37.6M, and assets of $20.6M (revenue +11.1% year-over-year).
  • 2011: Revenue of $33.9M, expenses of $34.9M, and assets of $20.4M.

View Individual Filing Years

Explore detailed financial data from each IRS 990 filing year for Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged:

2015 Filing 2014 Filing 2013 Filing 2012 Filing 2011 Filing

Data Sources and Methodology

This transparency report for Palisade Nursing Home Company Inc C/O Hebrew Home For The Aged is generated by NonprofitSpending's AI analysis engine. The data is sourced from publicly available IRS 990 filings accessed through the ProPublica Nonprofit Explorer API and IRS electronic filing records. The Mission Score, spending breakdown, and other analytical insights are produced by artificial intelligence and should be used as one of multiple factors when evaluating a nonprofit organization.

IRS 990 forms are annual information returns that most tax-exempt organizations must file with the IRS. These forms provide detailed financial information including revenue, expenses, assets, liabilities, and compensation of officers. NonprofitSpending processes this data to provide accessible transparency reports for donors, researchers, and the general public.

Disclaimer

AI-generated analysis based on IRS public records. Not financial or legal advice. Verify information directly with the organization.

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