Amsterdam Nursing Home Corporation
84% goes to programs $0 to raise $100 Strong reserves Growing revenue
Amsterdam Nursing Home Corporation is a 501(c)(3) organization based in New York, New York, registered in 1995, with $85,522,649 in FY2024 revenue. CharityIndex grades it A, and it directs about 84% of spending to programs.
1060 Amsterdam Ave, New York, NY, 10025 EIN 13-3834710 Since 1995
Revenue (FY2024)
$85.5M
▲ 6.1% vs prior year
Health median: $840K
Expenses (FY2024)
$69.7M
Net assets
$45.9M
Employees
592
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
AProgram efficiency40% of the rating84% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Amsterdam Nursing Home Corporation: 84% to programs · $0 to raise $100 earns a A on this criterion. See the exact thresholds →
AFinancial health25% of the rating8 mo reserves · +19% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Amsterdam Nursing Home Corporation: 8 mo reserves · +19% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Amsterdam Nursing Home Corporation: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Amsterdam Nursing Home Corporation: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To operate a not for profit nursing home with 409 nursing facility beds and an adult day health care program for 40 registrants.
Contact & location
- Address
- 1060 Amsterdam Ave, New York, NY, 10025
- City
- New York
- State
- New York
- Category
- Health Care
- Subcategory
- Nursing & Home Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $57.9M (FY2013) to $85.5M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $42.7MNet assets $45.9M
Operating margin
18.5%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$88.6M
Total liabilities
$42.7M
Net assets
$45.9M
Salaries & benefits
$37.9M
54% of expenses
Board members
8
8 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $85,522,649▲6.1% | $69,672,360▲11.6% | $45,936,791▲51.8% | $88,598,895▲16.1% | 990 |
| 2023 | $80,637,522▲20.1% | $62,450,020▼1.7% | $30,256,457▲151% | $76,318,268▲2.4% | 990 |
| 2022 | $67,166,381▲2.8% | $63,504,102▲0.7% | $12,049,648▲43.7% | $74,531,404▲7.0% | 990 |
| 2021 | $65,318,560▲13.0% | $63,054,580▲5.4% | $8,387,369▼36.8% | $69,684,595▲19.0% | 990 |
| 2020 | $57,802,177▼14.6% | $59,801,970▼11.3% | $13,273,445▼12.7% | $58,569,678▼5.6% | 990 |
| 2019 | $67,656,403▲1.9% | $67,421,077▲2.8% | $15,207,352▼12.3% | $62,016,883▲6.5% | 990 |
| 2018 | $66,400,619▲7.3% | $65,558,054▲6.0% | $17,332,291▲5.1% | $58,252,072▼2.0% | 990 |
| 2017 | $61,854,713▼4.3% | $61,837,210▼2.8% | $16,489,075▲0.1% | $59,435,924▼2.4% | 990 |
| 2016 | $64,600,956▲3.3% | $63,641,549▲5.2% | $16,471,572▲6.2% | $60,869,468▼2.3% | 990 |
| 2015 | $62,560,053▲4.8% | $60,479,168▲5.1% | $15,512,165▲15.4% | $62,275,214▲1.2% | 990 |
| 2014 | $59,694,904▲3.0% | $57,559,508▲0.7% | $13,440,757▲18.9% | $61,537,830▼0.5% | 990 |
| 2013 | $57,928,505 | $57,160,330▲2.0% | $11,305,361▲7.3% | $61,859,493▲12.8% | 990 |
| 2012 | — | $56,044,465▼1.2% | $10,537,186▲96.0% | $54,825,943▲10.0% | 990 |
| 2011 | — | $56,701,982▼2.5% | $5,376,994▼18.4% | $49,843,524▼4.0% | 990 |
| 2010 | — | $58,158,174 | $6,591,215 | $51,931,386 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: James Davis — $834,535 (1.20% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| James Davis | President / Ceo | 30 | $834,535 |
| Moshe Blackstein | Administrator | 75 | $628,806 |
| Stephan Lansey | Physician | 35 | $345,028 |
| Mark Pancirer | Senior Vp / Cfo | 30 | $287,403 |
| Pamela Landman | Senior Vp / General Counsel | 25.29 | $270,933 |
| Joeralin Lim | Nurse | 65 | $264,334 |
| Alma Bonita Lambujon | Nurse | 55 | $233,151 |
| Raul Catacutan | Director of Nursing | 55 | $216,806 |
| Arghavan Sadeghizangeneh | Medical Director | 35 | $212,785 |
| Lorna Poon | Director of Finance | 46 | $211,125 |
| Cherryllene Gumpay | Nurse | 55 | $204,980 |
| Avraham Reifman | Associate Administrator | 37 | $197,462 |
| Dr Karen M Hopkins | Director | 0.25 | — |
| Frances R Oliveri | Vice Chairman | 0.5 | — |
| George L Van Amson | Vice Chairman | 0.5 | — |
| Isabell M Carden | Director Thru 7/26/2024 | 0.25 | — |
| Jay H Mcdowell | Director | 0.5 | — |
| Joseph C Hoopes Jr | Chairman & Treasurer | 1.5 | — |
| Jose V Torres | Secretary Thru 1/2/2024 | 0.1 | — |
| Lagdon Van Norden | Director | 0.25 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Centers For Care | Consulting & Advisory | $4,784,505 |
| Towne Nursing | Nursing Agency | $1,928,102 |
| Rn Express Staffing Reg | Nursing Agency | $1,456,368 |
| Regional Care Network | Staffing Agency | $1,317,599 |
| Amn Healthcare | Rehab Agency | $678,767 |
Grants made · $1.3M in FY2024
1 grant totaling $1.3M in FY2024. All grants made by Amsterdam Nursing Home Corporation →
| Recipient | Purpose | Amount |
|---|---|---|
| Amsterdam Continuing Care Health System Inc | To support harborside operations | $1,250,000 |
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Frequently asked questions
- Is Amsterdam Nursing Home Corporation a legitimate nonprofit?
- Yes. Amsterdam Nursing Home Corporation is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 13-3834710, based in New York, New York. Donations are tax-deductible.
- What is Amsterdam Nursing Home Corporation's EIN?
- Amsterdam Nursing Home Corporation's Employer Identification Number (EIN) is 13-3834710.
- How much revenue does Amsterdam Nursing Home Corporation report?
- Amsterdam Nursing Home Corporation reported $85,522,649 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Amsterdam Nursing Home Corporation's spending goes to programs?
- Amsterdam Nursing Home Corporation spends about 84% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Amsterdam Nursing Home Corporation have?
- CharityIndex grades Amsterdam Nursing Home Corporation A, based on program efficiency and fundraising cost.
- How much does Amsterdam Nursing Home Corporation's highest-paid employee make?
- The highest reported compensation on Amsterdam Nursing Home Corporation's latest Form 990 is $834,535, paid to James Davis (President / Ceo).
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Data for Amsterdam Nursing Home Corporation (EIN 13-3834710) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.