Harrogate Incorporated FY2023 filing

Tax-deductible

Lakewood, NJ501(c)(3)Since 1982Health CareEIN 22-2919029Revenue $20.2M in FY2023

On file with the IRSharrogate-lifecare.org400 Locust Street, 08701-7408 · Lakewood, NJTax-exempt since Jan 1986Publicly supported — 509(a)(2)

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Harrogate is a continuing retirement community committed to delivering the highest quality care lifestyle for seniors. Our dedication to excellence is evident by our belief in providing choice, independence and value, while creating meaningful relationships and experiences between residents, families and staff.

501(c)(3) charity; gifts are tax-deductible.
80¢ of each $1 spent went to programs.
$1.3M 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

FY2023 · 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 $773K a year · 4% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
80%
of spending
Looks good: 80% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$1.3M
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
Worth a look: 0.5 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $8K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$51.1M
159% of total assets
Concern: liabilities are 159% of assets; over 80%.
Pt X · Ln 26
Independent board members
1
of 5 voting members
Worth a look: 1 of 5 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$20.2M
+9% vs prior year
Spent
$22.0M
To programs
80%
Net assets
−$18.9M
By yearFY2020–FY2024
Revenue
$20.2M
FY2023▲ +9%
Tap a bar for its year
Revenue by fiscal year
FY2020$19.0M
FY2021$20.0M
FY2022$18.5M
FY2023$20.2M
FY2024$21.5M
Expenses
$22.0M
FY2023▲ +9%
Tap a bar for its year
Expenses by fiscal year
FY2020$18.3M
FY2021$19.0M
FY2022$20.1M
FY2023$22.0M
FY2024$23.8M
Net assets
−$18.9M
FY2023▼ -10%
Tap a bar for its year
Net assets by fiscal year
FY2020−$16.6M
FY2021−$16.5M
FY2022−$17.1M
FY2023−$18.9M
FY2024−$21.2M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 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 Jan 1986.

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

Where the money goes

80 cents of each dollar spent went to programs.

Program services 80% · $17.6M Management & general 20% · $4.3M

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

13 people listed on the 990; $1.3M paid to officers and key staff.

Part VII, Section A · reportable compensation
Executive Director
$223,860Pt VII · Sec A
Director of Financial Services
$196,550Pt VII · Sec A
Associate Exec. Director
$172,886Pt VII · Sec A
Director of Nursing
$153,709Pt VII · Sec A
Life Care Consultant
$139,145Pt VII · Sec A
Human Resources Director
$118,783Pt VII · Sec A
Director of Food Service
$114,257Pt VII · Sec A
$107,518Pt VII · Sec A

Charles Benjamin’s $225K as Executive Director is at the 27th 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
Jodie Medhaug$128,209$139,145$252,711$152,245—
Charles Benjamin$224,953$223,860$219,945$189,143$217,684
Catherine Conrad———$99,112$223,599
Gloria Walsh$195,917$172,886$197,852$169,261$176,906
Mary-Jo Kinneally$194,883$196,550$187,192$70,301—
Lisa Brosnan$154,836$153,709$130,606$118,578—
Joseph Alonzo————$135,789
Kathleen Hansen$120,859$118,783$115,230$107,133$122,180

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 15aYes

Programs and updates

Provides seniors with quality care, choice, independence, and meaningful community experiences.

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Provided by the organization

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1 program · $17.6M · in their own filed words · FY2023
01

The organization provides independent living housing to seniors age 62 and above. Our community has 250 apartments available. In 2023, the average occupancy was 185 or 74%. Also in 2023, we provided 99,275 meals to independent living residents, we offered an average of 25 fitness classes a week, and have weekly bus trips for cultural and…

$17.6Mprogram 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 · FY2022
Total grants receivedfrom 1 funder$8K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$20.2M
Ln 12
Fees for servicesLn 2g$20.0M
Gifts and grantsLn 1h$199K
Investment incomeLn 3$124K
Money outPt IX
$22.0M
Ln 25
Programscol B$17.6M
Managementcol C$4.3M
Owns and owesPt X
−$18.9M
net assets · Ln 32
Cash and savingsLn 1–2$869K
Total assetsLn 16$32.2M
LiabilitiesLn 26$51.1M
PeoplePt VI, VII
13
listed · VII A
PaidVII A12
Voting boardVI 1a5
IndependentVI 1b1
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$199K
Fees for servicesLn 2g$20.0M
Investment incomeLn 3$124K
Gains on assetsLn 7−$252K
Total revenueLn 12$20.2M
Assets in detailPt X, end of year
CashLn 1$235K
SavingsLn 2$634K
Cash and savings togetherLn 1–2$869K
InvestmentsLn 11–13$3.8M
Land, buildings, equipmentLn 10c$24.0M
Other assetsLn 15$1.5M
Total assetsLn 16$32.2M
LiabilitiesLn 26$51.1M
Net assetsLn 32−$18.9M
OperationsPt I, VI
EmployeesI 5290
VolunteersI 620
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$2.7M$869K
InvestmentsLn 11–13$3.2M$3.8M
Land, buildings, equipmentLn 10c$23.6M$24.0M
Total assetsLn 16$33.2M$32.2M
LiabilitiesLn 26$50.3M$51.1M
Net assetsLn 32−$17.1M−$18.9M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$724K$598K$126K
Other salaries and wagesLn 7$8.0M$6.6M$1.4M
Pension plan contributionsLn 8$53K$40K$13K
Other employee benefitsLn 9$966K$807K$159K
Payroll taxesLn 10$1.0M$849K$168K
Management feesLn 11a$704K$154K$549K
Legal feesLn 11b$31K$31K
Accounting feesLn 11c$72K$72K
Lobbying feesLn 11d$701$701
Investment management feesLn 11f$23K$23K
Other fees for servicesLn 11g$635K$251K$384K
Advertising and promotionLn 12$470K$470K
Office expensesLn 13$604K$361K$242K
Information technologyLn 14$58K$58K
OccupancyLn 16$1.7M$1.6M$84K
TravelLn 17$7K$7K$754
Conferences, conventions and meetingsLn 19$26K$4K$22K
InterestLn 20$660K$627K$33K
Depreciation, depletion and amortizationLn 22$2.8M$2.6M$138K
InsuranceLn 23$245K$233K$12K
Other expenses (24a–d)Ln 24$3.0M$2.7M$213K
All other expensesLn 24e$275K$148K$127K
Total functional expensesLn 25$22.0M$17.6M$4.3M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $21.5M$23.8M−$2.3M−$21.2M 990 PDF
FY2023 Viewing $20.2M$22.0M−$1.7M−$18.9M 990 PDF
FY2022 $18.5M$20.1M−$1.6M−$17.1M 990 PDF
FY2021 $20.0M$19.0M$993K−$16.5M 990 PDF
FY2020 $19.0M$18.3M$712K−$16.6M 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 FY2023 990 (6 parts)
Part I · Summary $20,245,771 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $803,982$198,905
I-9 Program service revenuePrior year $17,877,975$20,049,175
I-10 Investment incomePrior year −$263,616−$127,355
I-11 Other revenuePrior year $116,350$125,046
I-12 Total revenuePrior year $18,534,691$20,245,771
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 $9,693,478$10,771,314
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $10,418,257$11,189,619
I-18 Total expensesPrior year $20,111,735$21,960,933
I-19 Revenue less expensesPrior year −$1,577,044−$1,715,162
Part VI · Governance 1 of 5 board members independent, 1 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members1
VI-12a Written conflict of interest policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $20,245,771 across 8 lines filed
Lines not itemized here account for $45,020 of total revenue; see the IRS return.
VIII-1f All other contributions, gifts and grants$198,905
VIII-1h Total contributions, gifts and grants$198,905
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $20,049,175$20,049,175
VIII-3 Investment incomeExcluded from tax $124,332$124,332
VIII-6 Net rental income or lossExcluded from tax $17,424$17,424
VIII-7 Net gain or loss on sales of assetsExcluded from tax −$251,687−$251,687
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $62,602$62,602
VIII-12 Total revenueRelated to mission $20,049,175 · Unrelated business $0 · Excluded from tax −$2,309$20,245,771
Part IX · Statement of functional expenses $21,960,933 across 22 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $598,064 · Management $125,722$723,786
IX-7 Other salaries and wagesPrograms $6,618,843 · Management $1,391,381$8,010,224
IX-8 Pension plan contributionsPrograms $40,370 · Management $12,984$53,354
IX-9 Other employee benefitsPrograms $807,415 · Management $158,769$966,184
IX-10 Payroll taxesPrograms $849,362 · Management $168,404$1,017,766
IX-11a Management feesPrograms $154,420 · Management $549,273$703,693
IX-11b Legal feesManagement $31,246$31,246
IX-11c Accounting feesManagement $72,100$72,100
IX-11d Lobbying feesManagement $701$701
IX-11f Investment management feesManagement $23,074$23,074
IX-11g Other fees for servicesPrograms $250,767 · Management $384,081$634,848
IX-12 Advertising and promotionManagement $470,498$470,498
IX-13 Office expensesPrograms $361,185 · Management $242,355$603,540
IX-14 Information technologyManagement $58,035$58,035
IX-16 OccupancyPrograms $1,587,109 · Management $83,832$1,670,941
IX-17 TravelPrograms $6,733 · Management $754$7,487
IX-19 Conferences, conventions and meetingsPrograms $4,427 · Management $21,733$26,160
IX-20 InterestPrograms $627,036 · Management $33,002$660,038
IX-22 Depreciation, depletion and amortizationPrograms $2,616,247 · Management $137,697$2,753,944
IX-23 InsurancePrograms $233,067 · Management $12,267$245,334
IX-24 Other expenses (24a–d)Programs $2,740,338 · Management $213,008$2,953,346
IX-24e All other expensesPrograms $147,958 · Management $126,676$274,634
IX-25 Total functional expensesPrograms $17,643,341 · Management $4,317,592 · Fundraising $0$21,960,933
Part X · Balance sheet $32,190,645 assets, 17 lines filed
X-1 Cash, non-interest-bearingStart of year $155,920$235,128
X-2 Savings and temporary cash investmentsStart of year $2,520,187$633,873
X-4 Accounts receivableStart of year $1,696,379$1,660,031
X-8 Inventories for sale or useStart of year $45,186$45,186
X-9 Prepaid expenses and deferred chargesStart of year $317,379$288,042
X-10c Land, buildings and equipment, netStart of year $23,593,726$24,045,138
X-11 Publicly traded securitiesStart of year $3,199,709$3,761,204
X-15 Other assetsStart of year $1,638,735$1,522,043
X-16 Total assetsStart of year $33,167,221$32,190,645
X-17 Accounts payable and accrued expensesStart of year $1,418,743$2,221,075
X-19 Deferred revenueStart of year $10,031,789$9,440,890
X-25 Other liabilitiesStart of year $29,421,680$29,279,596
X-26 Total liabilitiesStart of year $50,276,900$51,095,541
X-27 Net assets without donor restrictionsStart of year −$18,651,234−$20,097,551
X-28 Net assets with donor restrictionsStart of year $1,541,555$1,192,655
X-32 Total net assets or fund balancesStart of year −$17,109,679−$18,904,896
X-33 Total liabilities and net assetsStart of year $33,167,221$32,190,645
Part XI · Reconciliation of net assets −$18,904,896 net assets at year end
XI-1 Total revenue$20,245,771
XI-2 Total expenses$21,960,933
XI-3 Revenue less expenses−$1,715,162
XI-4 Net assets at start of year−$17,109,679
XI-5 Net unrealized gains (losses) on investments$139,701
XI-9 Other changes in net assets−$219,756
XI-10 Net assets at end of year−$18,904,896

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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