The Gerry Homes FY2020 filing

Tax-deductible

Gerry, NY501(c)(3)Since 1886Human ServicesEIN 16-0755780Revenue $34.7M in FY2020

On file with the IRSheritage1886.org4600 Route 60, 14740-9562 · Gerry, NYTax-exempt since Nov 1943Publicly supported — 509(a)(2)

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To serve others through christ-centered ministries which promote hope, dignity and purposeful living.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
$353K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

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FY2020 · 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 $837K a year · 3% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$353K
to officers and key staff · 1.0% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.1 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
2
named funders · $1.8M
Fine: 2 funders name it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$41.4M
49% of total assets
Looks good: liabilities are 49% of assets; 50% or less.
Pt X · Ln 26
Independent board members
13
of 13 voting members
Looks good: 13 of 13 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$34.7M
Spent
$35.6M
To programs
81%
Net assets
$43.4M
By yearFY2020–FY2024
Revenue
$34.7M
FY2020
Tap a bar for its year
Revenue by fiscal year
FY2020$34.7M
FY2021$32.1M
FY2022$33.3M
FY2023$30.7M
FY2024$33.7M
Expenses
$35.6M
FY2020
Tap a bar for its year
Expenses by fiscal year
FY2020$35.6M
FY2021$33.7M
FY2022$32.3M
FY2023$33.5M
FY2024$33.6M
Net assets
$43.4M
FY2020
Tap a bar for its year
Net assets by fiscal year
FY2020$43.4M
FY2021$46.2M
FY2022$37.9M
FY2023$37.7M
FY2024$38.0M

From the FY2020 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2020 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 Nov 1943.

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

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $28.9M Management & general 19% · $6.7M

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

20 people listed on the 990; $353K paid to officers and key staff.

Part VII, Section A · reportable compensation
Nurse Practitioner
$125,963Pt VII · Sec A
Nurse Practitioner
$120,031Pt VII · Sec A
Administrator
$106,545Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
Treasurer
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary/Treasurer
$0Pt VII · Sec A

Kathy Trisket’s $129K as Nurse Practitioner is at the 11th percentile of top reported officer pay among 3123 $10–100M human services 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 · 3 named individuals · Part VII

NameFY2022FY2021FY2020
Kathy Trisket$129,309$121,878$125,963
Cynthia Carlson——$120,031
Cheryl Farr——$106,545

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.

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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 15aNo

Programs and updates

Promoting hope, dignity, and purposeful living through Christ-centered ministries.

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Provided by the organization

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2 programs · $28.9M · in their own filed words · FY2020
01

Establish, maintain and operate two nursing homes for the elderly which includes full time medical care and supervision.

$23.4Mprogram expense
02

Establish, maintain and operate two retirement campus' and two assisted living communities.

$5.5Mprogram 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
Total grants receivedfrom 2 funders$1.8M

By the numbers

The FY2020 990, line by line.

1The main four
Money inPt VIII
$34.7M
Ln 12
Fees for servicesLn 2g$30.4M
Other incomeLn 4–11$2.4M
Gifts and grantsLn 1h$1.9M
Money outPt IX
$35.6M
Ln 25
Programscol B$28.9M
Managementcol C$6.7M
Owns and owesPt X
$43.4M
net assets · Ln 32
Cash and savingsLn 1–2$317K
Total assetsLn 16$84.8M
LiabilitiesLn 26$41.4M
PeoplePt VI, VII
20
listed · VII A
PaidVII A3
Voting boardVI 1a13
IndependentVI 1b13
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$1.9M
Government grantsLn 1e$0
Noncash giftsLn 1g$0
Fundraising eventsLn 1c$0
Fees for servicesLn 2g$30.4M
Other incomeLn 4–11$2.4M
Total revenueLn 12$34.7M
Assets in detailPt X, end of year
CashLn 1$317K
Cash and savings togetherLn 1–2$317K
InvestmentsLn 11–13$41.7M
Land, buildings, equipmentLn 10c$31.5M
Other assetsLn 15$6.8M
Total assetsLn 16$84.8M
LiabilitiesLn 26$41.4M
Net assetsLn 32$43.4M
OperationsPt I, VI
EmployeesI 5781
VolunteersI 60
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 FY20End FY20
Cash and savingsLn 1–2$304K$317K
InvestmentsLn 11–13$38.1M$41.7M
Land, buildings, equipmentLn 10c$32.2M$31.5M
Total assetsLn 16$84.3M$84.8M
LiabilitiesLn 26$43.6M$41.4M
Net assetsLn 32$40.7M$43.4M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Other salaries and wagesLn 7$16.3M$15.5M$771K
Pension plan contributionsLn 8$196K$187K$9K
Other employee benefitsLn 9$3.8M$3.6M$180K
Payroll taxesLn 10$1.3M$1.2M$62K
Management feesLn 11a$2.5M$2.5M
Legal feesLn 11b$37K$37K
Accounting feesLn 11c$75K$75K
Advertising and promotionLn 12$80K$80K
Office expensesLn 13$132K$118K$14K
Information technologyLn 14$113K$113K
OccupancyLn 16$815K$662K$153K
TravelLn 17$7K$4K$3K
InterestLn 20$879K$714K$164K
Depreciation, depletion and amortizationLn 22$2.0M$1.6M$379K
InsuranceLn 23$426K$388K$38K
Other expenses (24a–d)Ln 24$4.9M$4.8M$164K$0
All other expensesLn 24e$1.9M$53K$1.9M
Total functional expensesLn 25$35.6M$28.9M$6.7M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $33.7M$33.6M$33K$38.0M 990 PDF
FY2023 $30.7M$33.5M−$2.8M$37.7M 990 PDF
FY2022 $33.3M$32.3M$1.0M$37.9M 990 PDF
FY2021 $32.1M$33.7M−$1.6M$46.2M 990 PDF
FY2020 Viewing $34.7M$35.6M−$884K$43.4M 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 FY2020 990 (6 parts)
Part I · Summary $34,730,043 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $2,109,967$1,933,876
I-9 Program service revenuePrior year $31,174,736$30,399,497
I-10 Investment incomePrior year −$183,054$0
I-11 Other revenuePrior year $692,254$2,396,670
I-12 Total revenuePrior year $33,793,903$34,730,043
I-13 Grants and similar amounts paidPrior year $0$0
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $19,425,812$21,618,818
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $16,094,440$13,995,223
I-18 Total expensesPrior year $35,520,252$35,614,041
I-19 Revenue less expensesPrior year −$1,726,349−$883,998
Part VI · Governance 13 of 13 board members independent, 1 to look at
VI-1a Voting members of the governing body13
VI-1b Independent voting members13
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $34,730,043 across 11 lines filed
Lines not itemized here account for $150,400 of total revenue; see the IRS return.
VIII-1a Federated campaigns$0
VIII-1b Membership dues$0
VIII-1c Fundraising events$0
VIII-1d Related organizations$0
VIII-1e Government grants$0
VIII-1f All other contributions, gifts and grants$1,933,876
VIII-1g Noncash contributions (included above)$0
VIII-1h Total contributions, gifts and grants$1,933,876
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $30,399,497 · Unrelated business $0 · Excluded from tax $0$30,399,497
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $2,246,270 · Unrelated business $0 · Excluded from tax $0$2,246,270
VIII-12 Total revenueRelated to mission $32,796,167 · Unrelated business $0 · Excluded from tax $0$34,730,043
Part IX · Statement of functional expenses $35,614,041 across 17 lines filed
IX-7 Other salaries and wagesPrograms $15,541,547 · Management $770,710$16,312,257
IX-8 Pension plan contributionsPrograms $186,641 · Management $9,256$195,897
IX-9 Other employee benefitsPrograms $3,627,615 · Management $179,894$3,807,509
IX-10 Payroll taxesPrograms $1,241,584 · Management $61,571$1,303,155
IX-11a Management feesManagement $2,546,963$2,546,963
IX-11b Legal feesManagement $37,469$37,469
IX-11c Accounting feesManagement $75,000$75,000
IX-12 Advertising and promotionManagement $80,290$80,290
IX-13 Office expensesPrograms $118,472 · Management $13,848$132,320
IX-14 Information technologyManagement $112,962$112,962
IX-16 OccupancyPrograms $662,443 · Management $152,528$814,971
IX-17 TravelPrograms $3,648 · Management $2,916$6,564
IX-20 InterestPrograms $714,380 · Management $164,486$878,866
IX-22 Depreciation, depletion and amortizationPrograms $1,645,594 · Management $378,898$2,024,492
IX-23 InsurancePrograms $387,999 · Management $38,490$426,489
IX-24 Other expenses (24a–d)Programs $4,765,363 · Management $164,187 · Fundraising $0$4,929,550
IX-24e All other expensesPrograms $53,329 · Management $1,875,958$1,929,287
IX-25 Total functional expensesPrograms $28,948,615 · Management $6,665,426 · Fundraising $0$35,614,041
Part X · Balance sheet $84,768,260 assets, 15 lines filed
X-1 Cash, non-interest-bearingStart of year $304,423$317,065
X-4 Accounts receivableStart of year $4,694,810$4,258,929
X-9 Prepaid expenses and deferred chargesStart of year $315,358$262,000
X-10c Land, buildings and equipment, netStart of year $32,151,145$31,475,781
X-12 Other securitiesStart of year $38,074,311$41,662,970
X-15 Other assetsStart of year $8,772,534$6,791,515
X-16 Total assetsStart of year $84,312,581$84,768,260
X-17 Accounts payable and accrued expensesStart of year $5,468,253$5,484,870
X-19 Deferred revenueStart of year $1,732,104$1,559,186
X-25 Other liabilitiesStart of year $8,890,225$8,037,531
X-26 Total liabilitiesStart of year $43,609,751$41,359,064
X-27 Net assets without donor restrictionsStart of year $2,690,390$1,808,096
X-28 Net assets with donor restrictionsStart of year $38,012,440$41,601,100
X-32 Total net assets or fund balancesStart of year $40,702,830$43,409,196
X-33 Total liabilities and net assetsStart of year $84,312,581$84,768,260
Part XI · Reconciliation of net assets $43,409,196 net assets at year end
XI-1 Total revenue$34,730,043
XI-2 Total expenses$35,614,041
XI-3 Revenue less expenses−$883,998
XI-4 Net assets at start of year$40,702,830
XI-5 Net unrealized gains (losses) on investments$1,704
XI-6 Donated services and use of facilities$0
XI-7 Investment expenses$0
XI-8 Prior period adjustments$0
XI-9 Other changes in net assets$3,588,660
XI-10 Net assets at end of year$43,409,196

Form 990 e-file (XML) FY2020 from the IRS · Classification, formation year and address from the IRS Business Master File

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