Baltimore Jewish Eldercare Foundation Inc
DBA: THE BALTIMORE JEWISH ELDERCARE
TO SUPPORT LEVINDALE HEBREW GERIATRIC CENTER AND HOSPITAL, INC.
IRS Tax Year 2022
Period ending June 30, 2023
Total Revenue
$552K
Total Expenses
$658K
Net Assets
$10.7M
Employees
0
Volunteers
3
Grants Paid
$614K
Program Expense Ratio
93.3%
This nonprofit profile presents IRS Form 990 tax filing data for Baltimore Jewish Eldercare Foundation Inc (EIN: 52-2337669), based on the 2022 tax year annual return filed with the Internal Revenue Service.
Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, detailed executive pay breakdowns, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.
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Financial Health
Transparency
Compensation
Program Effectiveness
Financial Stability
Risk Flags
Indicators derived from IRS Form 990 data. Not financial advice.
Baltimore Jewish Eldercare Foundation Inc is a 501(c)(3) nonprofit headquartered in BALTIMORE, MD, founded in 2000. It is classified under NTEE code T11 (Single Organization Support), within the Philanthropy, Voluntarism & Grantmaking category. The organization has held tax-exempt status since 2002. In its 2022 filing, the organization reported $552K in total revenue, a 9.4% decrease from the prior year, and $658K in total expenses. The organization engaged 3 volunteers. DAVID KRAJEWSKI, ASSISTANT TREASURER, is the highest-compensated individual at $2,261,085. The organization runs 1 program, totaling $614K in program expenses. 4 of 6 recommended governance policies are in place.
Baltimore Jewish Eldercare Foundation Inc is classified under NTEE code T11 (Single Organization Support), which falls within the Philanthropy, Voluntarism & Grantmaking category. Its foundation type is 17.
Programs(Tax Year 2022)
1 record
Baltimore Jewish Eldercare Foundation Inc operates 1 program, with total program expenses of $614K. Baltimore Jewish Eldercare Foundation Inc's largest program accounts for 100% of total program spending.
THE ORGANIZATION'S PRIMARY EXEMPT PURPOSE IS TO SUPPORT LEVINDALE HEBREW GERIATRIC CENTER AND HOSPITAL, INC., A SECTION 501(C)(3) ENTITY. THE CORPORATION WAS ORGANIZED EXCLUSIVELY FOR CHARITABLE, EDUCATIONAL, AND SCIENTIFIC PURPOSES.
Financial Overview(Tax Years 2019–2022)
4 records
Over the past 4 years, Baltimore Jewish Eldercare Foundation Inc's revenue has grown from $137K to $552K, a 302.8% increase. Program expenses represent 93% of total spending.
Revenue decreased 9.4% year-over-year, while expenses grew 4.6%. net assets fell to $10.7M, down 1.2% from the prior year.
Baltimore Jewish Eldercare Foundation Inc derives 100% from investment income.
Baltimore Jewish Eldercare Foundation Inc allocates 93% to programs, 7% to management and general.
Revenue declined by 9.4% and expenses grew by 4.6% year over year.
Baltimore Jewish Eldercare Foundation Inc distributed $614K in grants to other organizations and individuals, representing 93% of total expenses.
Over 4 filings from 2019–2022, Baltimore Jewish Eldercare Foundation Inc grew revenue from $137K to $552K (+302.8%) while maintaining a program expense ratio of 93%.
Baltimore Jewish Eldercare Foundation Inc holds $10.9M in total assets against $248K in liabilities (debt-to-asset ratio of 2%). The organization has 195.2 months of operating reserves. Cash and equivalents of $0 cover approximately 0.0 months of expenses.
Revenue
| Year | Total Revenue | Contributions | Gov't Grants | Program Revenue | Investment |
|---|---|---|---|---|---|
| 2022 | $552K | $0 | $0 | $0 | $552K |
| 2021 | $609K | $0 | $0 | $0 | $609K |
| 2020 | $507K | $0 | $0 | $0 | $507K |
| 2019 | $137K | $0 | $0 | $0 | $137K |
Expenses
| Year | Total Expenses | Program | Management | Fundraising | Grants Paid |
|---|---|---|---|---|---|
| 2022 | $658K | $614K | $44K | $0 | $614K |
| 2021 | $629K | $577K | $52K | $0 | $577K |
| 2020 | $533K | $488K | $45K | $0 | $488K |
| 2019 | $660K | $451K | $209K | $0 | $451K |
Program Expense Ratio
93.3%
Admin Expense Ratio
6.7%
Fundraising Efficiency
—
Operating Reserve
195.2 mo
People & Compensation(Tax Year 2022)
6 records
Baltimore Jewish Eldercare Foundation Inc reported compensation for 6 officers and key employees. Total officer compensation was $3.3M, representing 507.5% of total expenses. 2 individuals received total compensation exceeding $500,000.
Baltimore Jewish Eldercare Foundation Inc's highest-compensated individual received $2.3M in total compensation. Total officer compensation of $3.3M represents 507.5% of total expenses. 2 individuals received total compensation exceeding $1,000,000.
| Name | Title | Type | Hours/wk | Comp from Org | Related Orgs | Total |
|---|---|---|---|---|---|---|
| DAVID KRAJEWSKI | ASSISTANT TREASURER | Officer | 1.00 | $0 | $1,734,148 | $2,261,085 |
| JASON WEINER | ASSISTANT SECRETARY | Officer | 1.00 | $0 | $930,684 | $1,076,887 |
| MARC TERRILL | DIRECTOR AND PRESIDENT | OfficerDirector | 1.00 | $0 | $0 | $0 |
| Howard Perlow | Secretary & Treasurer | OfficerDirector | 1.00 | $0 | $0 | $0 |
| YEHUDA NEUBERGER | DIRECTOR AND CHAIR | OfficerDirector | 1.00 | $0 | $0 | $0 |
| MARK SMOLARZ | ASSISTANT TREASURER | Officer | 1.00 | $0 | $0 | $0 |
Compensation Breakdown
Schedule J detail — base, bonus, benefits, and executive perks
DAVID KRAJEWSKI
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
JASON WEINER
Base Salary
—
Bonus
—
Other Reportable
—
Retirement/Deferred
—
Nontaxable Benefits
—
Governance & Compliance(Tax Year 2022)
Baltimore Jewish Eldercare Foundation Inc has 4 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 3 members, 3 of whom are independent.
Baltimore Jewish Eldercare Foundation Inc's financial statements are audited, an audit committee oversees the process.
Policies & Oversight
Audit & Financial Oversight
Grants Awarded(Tax Year 2022)
1 record
Baltimore Jewish Eldercare Foundation Inc awarded $614K across 1 grant to organizations. Top recipients include LEVINDALE HEBREW GERIATRIC CENTER & HOSPITAL (BALTIMORE, MD) — $614K for support charitable.
Organization Grants
| Recipient | Location | Amount | Purpose |
|---|---|---|---|
| LEVINDALE HEBREW GERIATRIC CENTER & HOSPITAL520607913 | BALTIMORE, MD | $614K | SUPPORT CHARITABLE |
Supplemental Financial Data(Tax Year 2022)
The endowment stands at $4.2M.
Filing History(Tax Years 2002–2022)
4 records
Showing the 4 Form 990 filings currently in our system.
| Tax Year | Form | Period | Revenue | Expenses | Net Assets |
|---|---|---|---|---|---|
| 2022 | 990 | 2022-07-01 – 2023-06-30 | $552K | $658K | $10.7M |
| 2021 | 990 | 2021-07-01 – 2022-06-30 | $609K | $629K | $10.8M |
| 2020 | 990 | 2020-07-01 – 2021-06-30 | $507K | $533K | $13.0M |
| 2019 | 990 | 2019-07-01 – 2020-06-30 | $137K | $660K | $9.6M |
| 2002–2018 | No filings acquired yet | ||||
Frequently Asked Questions
What does Baltimore Jewish Eldercare Foundation Inc do?
TO SUPPORT LEVINDALE HEBREW GERIATRIC CENTER AND HOSPITAL, INC.
How much revenue does Baltimore Jewish Eldercare Foundation Inc have?
Baltimore Jewish Eldercare Foundation Inc reported $551,532 in total revenue for tax year 2022, down 9.4% from the prior year.
Who is the highest-paid executive at Baltimore Jewish Eldercare Foundation Inc?
DAVID KRAJEWSKI, ASSISTANT TREASURER, received $2,261,085 in total compensation as of tax year 2022.
Is Baltimore Jewish Eldercare Foundation Inc a 501(c)(3)?
Yes, Baltimore Jewish Eldercare Foundation Inc is classified as a 501(c)(3) tax-exempt organization.
Where is Baltimore Jewish Eldercare Foundation Inc located?
Baltimore Jewish Eldercare Foundation Inc is headquartered in BALTIMORE, MD 21215.
What type of nonprofit is Baltimore Jewish Eldercare Foundation Inc?
Baltimore Jewish Eldercare Foundation Inc is classified under NTEE code T11 (Single Organization Support), within the Philanthropy, Voluntarism & Grantmaking category. It is a 501(c)(3) tax-exempt organization.
Is Baltimore Jewish Eldercare Foundation Inc audited?
Yes, Baltimore Jewish Eldercare Foundation Inc's financial statements are audited, and the organization has an audit committee.
Does Baltimore Jewish Eldercare Foundation Inc give grants?
Yes, Baltimore Jewish Eldercare Foundation Inc distributed $613,523 in grants to other organizations and individuals in tax year 2022. Top recipients include LEVINDALE HEBREW GERIATRIC CENTER & HOSPITAL.
Data Source
Prepared by: BDO USA, MCLEAN, VA
IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.
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