The Schulman and Schachne Institute For Nursing and Rehabilitation Inc
75% goes to programs $0 to raise $100 Thin reserves Growing revenue
The Schulman and Schachne Institute For Nursing and Rehabilitation Inc is a 501(c)(3) organization based in Brooklyn, New York, registered in 1970, with $70,615,005 in FY2024 revenue. CharityIndex grades it C, and it directs about 75% of spending to programs.
10101 Avenue D, Brooklyn, NY, 11236 EIN 23-7085986 Since 1970
Revenue (FY2024)
$70.6M
▼ 36.6% vs prior year
Health median: $840K
Expenses (FY2024)
$91.5M
Net assets
-$364.4M
Employees
506
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
C
★★★★
Rated on 4 of 4 criteria.
Held down by its weakest criterion — a strong score on one criterion can't hide a weak one.
How the rating works →C+Program efficiency40% of the rating75% 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 The Schulman and Schachne Institute For Nursing and Rehabilitation Inc: 75% to programs · $0 to raise $100 earns a C+ on this criterion. See the exact thresholds →
FFinancial health25% of the rating0 mo reserves · -30% 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 The Schulman and Schachne Institute For Nursing and Rehabilitation Inc: 0 mo reserves · -30% margin earns a F 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 The Schulman and Schachne Institute For Nursing and Rehabilitation Inc: 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 The Schulman and Schachne Institute For Nursing and Rehabilitation Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
We provide greater access to high quality medical care and keep our communities healthy through an integrated care system that respects the diversity of our communities and addresses both the health needs and unique factors that shape them.
Contact & location
- Address
- 10101 Avenue D, Brooklyn, NY, 11236
- City
- Brooklyn
- State
- New York
- Category
- Health Care
- Subcategory
- Nursing & Home Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $65.5M (FY2013) to $70.6M (FY2024) across 11 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $386.8MNet assets -$364.4M
Operating margin
-29.5%
Spent more than it raised in the latest fiscal year.
Total assets
$22.4M
Total liabilities
$386.8M
Net assets
-$364.4M
Salaries & benefits
$55.9M
61% of expenses
Board members
19
19 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $70,615,005▼36.6% | $91,460,668▼4.4% | -$364,408,469▼6.1% | $22,403,885▲31.6% | 990 |
| 2023 | $111,359,178▲102% | $95,707,600▲2.6% | -$343,562,806▲4.4% | $17,023,552▲17.6% | 990 |
| 2022 | $55,209,550▲11.4% | $93,257,921▲13.8% | -$359,395,052▼11.8% | $14,473,385▼1.6% | 990 |
| 2021 | $49,579,085▼21.0% | $81,957,130▼3.0% | -$321,346,682▼11.2% | $14,713,238▼3.0% | 990 |
| 2020 | $62,719,757▲2.4% | $84,494,477▼2.4% | -$288,968,637▼8.1% | $15,175,367▼19.2% | 990 |
| 2019 | $61,224,145▼2.4% | $86,595,744▼2.7% | -$267,193,917▼10.5% | $18,778,387▲17.1% | 990 |
| 2018 | $62,744,057▼2.7% | $89,041,391▲8.5% | -$241,822,318▼23.5% | $16,032,199▼24.2% | 990 |
| 2016 | $64,503,965▼6.4% | $82,068,221▼1.5% | -$195,855,097▼9.9% | $21,162,354▲2.9% | 990 |
| 2015 | $68,935,644▲5.3% | $83,283,943▼4.2% | -$178,290,841▼8.8% | $20,559,725▲9.2% | 990 |
| 2014 | $65,462,452 | $86,893,973▲8.7% | -$163,942,543▼15.3% | $18,827,354▼8.0% | 990 |
| 2013 | $65,494,284 | $79,956,810▼2.2% | -$142,205,995▼11.3% | $20,462,191▼33.4% | 990 |
| 2012 | — | $81,724,144▼8.4% | -$127,795,921▼5.7% | $30,741,000▼8.2% | 990 |
| 2011 | — | $89,176,153▲2.3% | -$120,921,221▼13.0% | $33,496,696▼3.9% | 990 |
| 2010 | — | $87,149,731 | -$106,994,302 | $34,863,554 | 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: Ann-marie Rivers — $311,955 (0.34% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Ann-marie Rivers | Registered Nurse | 40 | $311,955 |
| Tammy Carlilse | Administrator - Through 10/24 | 40 | $276,399 |
| Louis R Belize | Psychiatrist | 40 | $253,730 |
| Myriam Sejour | Registered Nurse | 40 | $238,028 |
| Althea Burton | Director - Nursing Service | 40 | $227,850 |
| Mridula Saxena | Physician | 40 | $224,537 |
| Najwah Simpson | Registered Nurse | 40 | $217,385 |
| Alexander Lanzman | Trustee | 0.05 | — |
| Alex Rovt | Chairman | 0.05 | — |
| Anthony Clemenza Sr | Trustee | 0.05 | — |
| Bishop Rc Hugh Nelson | Trustee | 0.05 | — |
| Dr Joseph Cuiffo | Trustee | 0.05 | — |
| Dr Sandra Scott | Interim Ceo Obhs | 0.05 | — |
| Edna Wells-handy Peoples | Trustee | 0.05 | — |
| Henna White | Secretary/treasurer | 0.05 | — |
| Hope Mason | Trustee | 0.05 | — |
| Jonathan Mawere Md | Trustee | 0.05 | — |
| Lewis Marshall | Trustee | 0.05 | — |
| Lisa Garcia | Vp For Lt Care Fin. Opera./treasury | 20 | — |
| Mark Shelton | Trustee | 0.05 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Rightsourcing Inc | Professional Services / Staffing | $3,608,221 |
| Therapia Staffing LLC | Prof. Services /nursing Agency | $2,340,891 |
| Unitex Textile Rental | Linen & Uniform Rental | $480,353 |
| Mitchell Martin Healthcare LLC | Prof. Services /nursing Agency | $123,110 |
| Mbs Ltd | Food Purchase | $118,609 |
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Compare The Schulman and Schachne Institute For Nursing and Rehabilitation Inc
Frequently asked questions
- Is The Schulman and Schachne Institute For Nursing and Rehabilitation Inc a legitimate nonprofit?
- Yes. The Schulman and Schachne Institute For Nursing and Rehabilitation Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 23-7085986, based in Brooklyn, New York. Donations are tax-deductible.
- What is The Schulman and Schachne Institute For Nursing and Rehabilitation Inc's EIN?
- The Schulman and Schachne Institute For Nursing and Rehabilitation Inc's Employer Identification Number (EIN) is 23-7085986.
- How much revenue does The Schulman and Schachne Institute For Nursing and Rehabilitation Inc report?
- The Schulman and Schachne Institute For Nursing and Rehabilitation Inc reported $70,615,005 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of The Schulman and Schachne Institute For Nursing and Rehabilitation Inc's spending goes to programs?
- The Schulman and Schachne Institute For Nursing and Rehabilitation Inc spends about 75% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does The Schulman and Schachne Institute For Nursing and Rehabilitation Inc have?
- CharityIndex grades The Schulman and Schachne Institute For Nursing and Rehabilitation Inc C, based on program efficiency and fundraising cost.
- How much does The Schulman and Schachne Institute For Nursing and Rehabilitation Inc's highest-paid employee make?
- The highest reported compensation on The Schulman and Schachne Institute For Nursing and Rehabilitation Inc's latest Form 990 is $311,955, paid to Ann-marie Rivers (Registered Nurse).
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Data for The Schulman and Schachne Institute For Nursing and Rehabilitation Inc (EIN 23-7085986) 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.