Sherrill House INC FY2021 filing

Tax-deductible

Jamaica Plain, MA501(c)(3)Since 1907Health CareEIN 04-2104321

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High quality medical, nursing, and rehabilitation services on an in-patient basis to men and women.

501(c)(3) charity; gifts are tax-deductible.
79¢ of each $1 spent went to programs.
$1.5M paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $512K a year · 2% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
79%
of spending
Looks good: 79% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.5M
to officers and key staff · 6% of spending
Looks good: pay to officers and key staff is 6% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.2 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
13
named funders · $615K
Looks good: 13 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$14.9M
48% of total assets
Looks good: liabilities are 48% of assets; 50% or less.
Pt X · Ln 26
Independent board members
15
of 16 voting members
Looks good: 15 of 16 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$21.4M
-11% vs prior year
Spent
$24.5M
To programs
79%
Net assets
$15.9M
By yearFY2020–FY2024
Revenue
$21.4M
FY2021▼ -11%
Revenue by fiscal year
FY2020$24.1M
FY2021$21.4M
FY2022$26.8M
FY2023$27.7M
FY2024$29.3M
Expenses
$24.5M
FY2021▲ +9%
Expenses by fiscal year
FY2020$22.4M
FY2021$24.5M
FY2022$27.6M
FY2023$28.5M
FY2024$29.0M
Net assets
$15.9M
FY2021▼ -9%
Net assets by fiscal year
FY2020$17.6M
FY2021$15.9M
FY2022$13.6M
FY2023$12.8M
FY2024$13.3M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

Form 990 (PDF) Claim
You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1942.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

79 cents of each dollar spent went to programs.

Program services 79% · $19.3M Management & general 20% · $4.8M Fundraising 1% · $328K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

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Who runs it and what they're paid

23 people listed on the 990; $1.5M paid to officers and key staff.

Part VII, Section A · reportable compensation
$288,957Pt VII · Sec A
RN - Staff Nurse
$251,476Pt VII · Sec A
RN - Staff Nurse
$202,043Pt VII · Sec A
RN - Resident Care Manager
$197,513Pt VII · Sec A
RN - Staff Nurse
$191,758Pt VII · Sec A
$190,512Pt VII · Sec A
Director of Nursing
$186,234Pt VII · Sec A
$0Pt VII · Sec A

Felix Elad’s $412K as RN - Staff Nurse is at the 67th percentile of top reported officer pay among 2901 $10–100M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Felix Elad$411,904————
Patrick Stapleton$354,118$354,132$338,558$288,957$303,026
James Dame——$302,702—$164,471
Dominic Ngozi$284,470————
Alessio Miniello$226,886$254,690———
Ivy Leung——$232,142$251,476$226,281
Mark Altenweg$232,996$248,558$171,731——
Adam Fumia$225,794$193,269———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Sherrill House INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides inpatient medical, nursing, and rehabilitation care for men and women.

Provided by the organization

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1 program · $19.3M · in their own filed words · FY2021
01

Sherrill house is a nonprofit corporation that owns and operates a 196-BED skilled nursing facility located in jamaica plain, massachusetts. Effective september 1, 2011, eight licensed beds were taken out of service.

$19.3Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
See all 13 funders →

By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$21.4M
Ln 12
Fees for servicesLn 2g$17.9M
Gifts and grantsLn 1h$3.1M
Investment incomeLn 3$335K
Money outPt IX
$24.5M
Ln 25
Programscol B$19.3M
Managementcol C$4.8M
Fundraisingcol D$328K
Owns and owesPt X
$15.9M
net assets · Ln 32
Cash and savingsLn 1–2$485K
Total assetsLn 16$30.8M
LiabilitiesLn 26$14.9M
PeoplePt VI, VII
23
listed · VII A
PaidVII A7
Voting boardVI 1a16
IndependentVI 1b15
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$3.1M
Government grantsLn 1e$2.4M
Fees for servicesLn 2g$17.9M
Investment incomeLn 3$335K
Other incomeLn 4–11$84K
Gains on assetsLn 7$163K
Total revenueLn 12$21.4M
Assets in detailPt X, end of year
CashLn 1$485K
Cash and savings togetherLn 1–2$485K
InvestmentsLn 11–13$12.9M
Land, buildings, equipmentLn 10c$14.4M
Other assetsLn 15$875K
Total assetsLn 16$30.8M
LiabilitiesLn 26$14.9M
Net assetsLn 32$15.9M
OperationsPt I, VI
EmployeesI 5295
VolunteersI 645
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$1.6M$485K
InvestmentsLn 11–13$11.8M$12.9M
Land, buildings, equipmentLn 10c$15.8M$14.4M
Total assetsLn 16$31.4M$30.8M
LiabilitiesLn 26$13.8M$14.9M
Net assetsLn 32$17.6M$15.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$512K$512K
Other salaries and wagesLn 7$12.9M$11.3M$1.3M$322K
Pension plan contributionsLn 8$66K$61K$5K
Other employee benefitsLn 9$1.7M$1.5M$211K
Payroll taxesLn 10$931K$804K$128K
Legal feesLn 11b$177K$177K
Accounting feesLn 11c$51K$51K
Investment management feesLn 11f$66K$66K
Other fees for servicesLn 11g$837K$609K$227K$544
Advertising and promotionLn 12$101K$101K
Office expensesLn 13$543K$118K$424K$229
OccupancyLn 16$512K$440K$71K$917
TravelLn 17$29K$29K
InterestLn 20$343K$295K$47K$614
Depreciation, depletion and amortizationLn 22$1.6M$1.4M$220K$3K
InsuranceLn 23$201K$168K$32K$350
Other expenses (24a–d)Ln 24$3.6M$2.6M$1.0M
All other expensesLn 24e$237K$237K
Total functional expensesLn 25$24.5M$19.3M$4.8M$328K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $29.3M$29.0M$350K$13.3M 990 PDF
FY2023 $27.7M$28.5M−$820K$12.8M 990 PDF
FY2022 $26.8M$27.6M−$794K$13.6M 990 PDF
FY2021 Viewing $21.4M$24.5M−$3.0M$15.9M 990 PDF
FY2020 $24.1M$22.4M$1.7M$17.6M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $21,438,082 across 8 lines filed
VIII-1e Government grants$2,356,750
VIII-1f All other contributions, gifts and grants$751,582
VIII-1h Total contributions, gifts and grants$3,108,332
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $17,910,936$17,910,936
VIII-3 Investment incomeExcluded from tax $171,607$171,607
VIII-7 Net gain or loss on sales of assetsExcluded from tax $163,475$163,475
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $83,732$83,732
VIII-12 Total revenueRelated to mission $17,910,936 · Unrelated business $0 · Excluded from tax $418,814$21,438,082
Part IX · Statement of functional expenses $24,469,974 across 18 lines filed
IX-5 Pay of current officers, directors and key staffManagement $512,042$512,042
IX-7 Other salaries and wagesPrograms $11,349,536 · Management $1,262,479 · Fundraising $322,045$12,934,060
IX-8 Pension plan contributionsPrograms $61,079 · Management $5,075$66,154
IX-9 Other employee benefitsPrograms $1,502,526 · Management $210,503$1,713,029
IX-10 Payroll taxesPrograms $803,875 · Management $127,578$931,453
IX-11b Legal feesManagement $177,006$177,006
IX-11c Accounting feesManagement $51,062$51,062
IX-11f Investment management feesManagement $65,969$65,969
IX-11g Other fees for servicesPrograms $609,401 · Management $226,729 · Fundraising $544$836,674
IX-12 Advertising and promotionManagement $100,590$100,590
IX-13 Office expensesPrograms $117,958 · Management $424,361 · Fundraising $229$542,548
IX-16 OccupancyPrograms $440,158 · Management $70,593 · Fundraising $917$511,668
IX-17 TravelManagement $28,536$28,536
IX-20 InterestPrograms $294,859 · Management $47,290 · Fundraising $614$342,763
IX-22 Depreciation, depletion and amortizationPrograms $1,369,291 · Management $219,607 · Fundraising $2,852$1,591,750
IX-23 InsurancePrograms $167,937 · Management $32,250 · Fundraising $350$200,537
IX-24 Other expenses (24a–d)Programs $2,585,646 · Management $1,041,600$3,627,246
IX-24e All other expensesManagement $236,887$236,887
IX-25 Total functional expensesPrograms $19,302,266 · Management $4,840,157 · Fundraising $327,551$24,469,974
Part X · Balance sheet $30,843,900 assets, 16 lines filed
X-1 Cash, non-interest-bearingStart of year $1,573,539$484,733
X-3 Pledges and grants receivableStart of year $7,353$25,154
X-4 Accounts receivableStart of year $1,206,382$2,061,288
X-9 Prepaid expenses and deferred chargesStart of year $75,317$60,817
X-10c Land, buildings and equipment, netStart of year $15,795,731$14,413,093
X-11 Publicly traded securitiesStart of year $11,839,446$12,923,644
X-15 Other assetsStart of year $898,655$875,171
X-16 Total assetsStart of year $31,396,423$30,843,900
X-17 Accounts payable and accrued expensesStart of year $3,634,622$5,213,882
X-19 Deferred revenueStart of year $46,787$85,992
X-25 Other liabilitiesStart of year $462,904$163,565
X-26 Total liabilitiesStart of year $13,820,092$14,909,918
X-27 Net assets without donor restrictionsStart of year $15,509,377$13,632,169
X-28 Net assets with donor restrictionsStart of year $2,066,954$2,301,813
X-32 Total net assets or fund balancesStart of year $17,576,331$15,933,982
X-33 Total liabilities and net assetsStart of year $31,396,423$30,843,900
Part XI · Reconciliation of net assets $15,933,982 net assets at year end
XI-1 Total revenue$21,438,082
XI-2 Total expenses$24,469,974
XI-3 Revenue less expenses−$3,031,892
XI-4 Net assets at start of year$17,576,331
XI-5 Net unrealized gains (losses) on investments$1,011,676
XI-9 Other changes in net assets$377,867
XI-10 Net assets at end of year$15,933,982

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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