2025-06-19T11:11:05-07:00 2024-12-31 990 2024-01-01 141344803 DAUGHTERS OF SARAH JEWISH FOUNDATION INC DAUG 5184567831 180 Washington Avenue Extension Albany NY 12203 Courtney Mulson CFO 5187243240 2025-06-19 1 2024 2025-03-06 01:10:19Z Courtney Mulson 180 Washington Ave Extension Albany NY 12203 1119127 0 X www.daughtersofsarah.org X 1941 NY THE ORGANIZATION'S MISSION IS TO RAISE, DEVELOP, AND MANAGE RESOURCES, AND TO COMMUNICATE TO AND WITH THE PUBLIC REGARDING THE DAUGHTERS OF SARAH COMMUNITY FOR SENIORS' COMMUNITY PROGRAMS AND INITIATIVES. THIS IS ACCOMPLISHED BY CONDUCTING FUNDRAISING AND KNOWLEDGE AWARENESS PROGRAMS, AND BY ISSUING GRANTS TO THE DAUGHTERS OF SARAH NURSING CENTER, INC. AND THE DAUGHTERS OF SARAH HOUSING COMPANY, INC., D/B/A THE MASSRY RESIDENCE AT DAUGHTERS OF SARAH. 17 17 0 50 0 0 325210 316673 0 0 167581 659903 126365 137723 619156 1114299 352812 302000 0 0 232939 242693 0 0 102987 130201 172479 715952 717172 -96796 397127 14452969 15784099 2964038 3259875 11488931 12524224 THE ORGANIZATION'S MISSION IS TO RAISE, DEVELOP, AND MANAGE RESOURCES, AND TO COMMUNICATE TO AND WITH THE PUBLIC REGARDING THE DAUGHTERS OF SARAH COMMUNITY FOR SENIORS' COMMUNITY PROGRAMS AND INITIATIVES. THIS IS ACCOMPLISHED BY CONDUCTING FUNDRAISING AND KNOWLEDGE AWARENESS PROGRAMS, AND BY ISSUING GRANTS TO THE DAUGHTERS OF SARAH NURSING CENTER, INC. AND THE DAUGHTERS OF SARAH HOUSING COMPANY, INC., D/B/A THE MASSRY RESIDENCE AT DAUGHTERS OF SARAH. 0 0 171732 0 1114299 THE ORGANIZATION'S GOAL - TO SUPPORT, ENRICH AND ENHANCE PROGRAMS AND SERVICES FOR THE WELL AND INFIRM ELDERLY - IS ACCOMPLISHED BY ISSUING GRANTS TO THE DAUGHTERS OF SARAH NURSING & REHABILITATION CENTER. GRANTS TO THE NURSING CENTER PROVIDE FOR DIRECT NURSING AND PERSONAL CARE TO INFIRM NURSING HOME RESIDENTS. IT IS ESTIMATED THAT 54% OF THE RESIDENTS ARE INDIGENT, WITH THE COST OF THEIR CARE BEING PAID FOR BY MEDICAID (WHICH DOES NOT PROVIDE REIMBURSEMENT TO COVER THE ACTUAL COST OF RESIDENT CARE). THIS GRANT ALSO HELPS UNDERWRITE THE COSTS OF PROVIDING KOSHER FOOD IN KEEPING WITH JEWISH DIETARY LAWS; IN PROVIDING A RABBI FOR PASTORAL COUNSELING, JEWISH PROGRAMMING, AND FOR JEWISH HOLIDAY WORSHIP SERVICES; AND FOR PROVIDING ENTERTAINMENT AND ACTIVITIES PROGRAMMING. IN ADDITION, THE ORGANIZATION CONDUCTS AN ANNUAL FUND-RAISING CAMPAIGN (THE "ANNUAL FUND") THROUGHOUT THE YEAR, AS WELL AS A SERIES OF LOW KEY, TARGETED FUNDRAISING EFFORTS SURROUNDING THE OCCURRENCE OF CERTAIN JEWISH HOLIDAYS. IT HOSTS AN ANNUAL SIGNATURE FUNDRAISING SOCIAL EVENT FOR THE PUBLIC AT A LOCAL MUSEUM, GENERALLY IN NOVEMBER, FOR WHICH IT SOLICITS CORPORATE AND INDIVIDUAL SPONSORSHIPS. THE ORGANIZATION ALSO HOSTS AN ANNUAL SOCIAL EVENT DURING THE SUMMER TO CELEBRATE ITS LEADERSHIP DONORS. THE ORGANIZATION FURTHER COORDINATES THE OPERATION OF "SARAH'S CORNER", A GIFT SHOP FOR THE ENJOYMENT OF THE RESIDENTS, GUESTS AND STAFF OF DAUGHTERS OF SARAH COMMUNITY FOR SENIORS, WHICH SHOP IS LOCATED IN THE DAUGHTERS OF SARAH NURSING & REHABILITATION CENTER. THE RESULT OF THESE ACTIVITIES IS TO IMPROVE THE LIVES OF THE COMMUNITY'S RESIDENTS, TO ELEVATE THE COMMUNAL AWARENESS OF THE DAUGHTERS OF SARAH COMMUNITY FOR SENIORS, TO EDUCATE THE COMMUNITY AS TO THE PROGRAMS AND SERVICES PROVIDED TO THE SENIORS WE SERVE, TO CREATE AND STRENGTHEN A SUPPORT BASE OF INDIVIDUALS WHO WILL DONATE TO, AND PUBLICLY ADVOCATE FOR, THE COMMUNITY FOR SENIORS, AND TO RAISE FUNDS TO SUPPORT THE ORGANIZATION'S OPERATIONS AND MISSION. 0 0 0 THE ORGANIZATION'S GOAL - TO SUPPORT, ENRICH AND ENHANCE PROGRAMS AND SERVICES FOR THE WELL AND INFIRM ELDERLY - IS ACCOMPLISHED BY ISSUING GRANTS TO THE DAUGHTERS OF SARAH HOUSING COMPANY TO PROVIDE HOUSING SCHOLARSHIPS THAT SUBVENT THE COST OF RESIDENCY AT THE DAUGHTERS OF SARAH HOUSING COMPANY'S ASSISTED LIVING RESIDENCE. THIS GRANT ENABLES NEEDY INDIVIDUALS, UNABLE TO PAY THE FULL COST OF CARE, TO RECEIVE THE LEVEL OF PERSONAL CARE ASSISTANCE THEY NEED TO CARRY OUT THEIR REGULAR ACTIVITIES OF DAILY LIVING AND TO REMAIN IN A LEAST RESTRICTIVE ENVIRONMENT FOR THEIR PERSONAL CARE NEEDS, WHERE THEY CAN RECEIVE KOSHER MEALS IN ACCORDANCE WITH JEWISH DIETARY LAWS AND PROGRAMMING, ENTERTAINMENT AND ACTIVITIES IN KEEPING WITH THEIR COGNITIVE SKILL LEVEL AND BASED ON JEWISH TRADITIONS. GRANTS HAVE ALSO ESTABLISHED A LIFELONG EDUCATIONAL LEARNING PROGRAM, BRINGING RABBIS AND COLLEGE PROFESSORS TO PRESENT COURSES ON JEWISH CULTURAL, RELIGIOUS, HISTORICAL AND POLITICAL TOPICS. 302000 302000 0 THE ORGANIZATION HAS PROVIDED FUNDING TO SUPPORT THE ENHANCEMENT OF RESIDENT FOCUSED SERVICES AT THE DAUGHTERS OF SARAH NURSING & REHABILITATION CENTER, SUCH AS: (A) GRANTS FOR A TUITION REIMBURSEMENT PROGRAM TO REIMBURSE TUITION COSTS EXPENDED BY STAFF SEEKING TO IMPROVE THEIR SKILLS AND KNOWLEDGE FOR THE BETTERMENT OF RESIDENT CARE BY PROCURING ADDITIONAL PROFESSIONAL DEGREES (LPN, RN, MSW, ETC); (B) FUNDING TO ENHANCE FACILITY-WIDE ACTIVITIES, AND TO PROVIDE LIFE-LONG EDUCATIONAL LEARNING PROGRAMS FOR RESIDENTS; (C) FUNDING FOR A PROGRAM TO HELP ALLEVIATE STAFFING SHORTAGES BY HIRING POTENTIAL NURSING AIDE TRAINEES, PROVIDING THESE ECONOMICALLY DISADVANTAGED PERSONS LACKING HEALTHCARE SKILLS WITH GAINFUL EMPLOYMENT AND ON-SITE TRAINING TO QUALIFY FOR NURSING AIDE CERTIFICATION AT NO COST TO THE EMPLOYEE, ALONG WITH CONTINUED EMPLOYMENT ONCE CERTIFIED. THIS PROGRAM ENABLES THEM TO MEET THEIR DAILY LIVING EXPENSES WHILE STUDYING, IMPROVE THEIR MARKETABLE SKILLS, AND ENSURE THE PROSPECT OF CONTINUED EMPLOYMENT. 0 0 0 473732 1 1 0 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 1 0 0 0 0 0 1 0 0 0 1 3 0 1 0 0 0 0 0 0 0 0 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 NY X COURTNEY MULSON 5187243240 180 WASHINGTON AVENUE EXTENSION ALBANY NY 12203 X MARK KOBLENZ CEO - see Schedule J Part III 16 22 X X 0 412981 51923 COURTNEY MULSON CFO - see Schedule J Part III 2 36 X X 0 320230 49359 JESSICA RICHER CHAIR 2 0 X X 0 0 0 GAIL KENDALL SECRETARY 2 0 X X 0 0 0 BRUCE FINKLE BOARD MEMBER 1 0 X 0 0 0 DIANE BURMAN BOARD MEMBER 1 0 X 0 0 0 ELAINE FREEDMAN BOARD MEMBER 1 0 X 0 0 0 DAVID GINSBURG BOARD MEMBER 1 0 X 0 0 0 SHERYL HOFFMAN BOARD MEMBER 1 0 X 0 0 0 AVIVA HALLENSTEIN BOARD MEMBER 1 0 X 0 0 0 ALAN KAPLAN BOARD MEMBER 1 0 X 0 0 0 ELISSA PECKAGE BOARD MEMBER 1 0 X 0 0 0 CHANA MCINTYRE BOARD MEMBER 1 0 X 0 0 0 WILLIAM PANITCH BOARD MEMBER 1 0 X 0 0 0 GAIL SOKOL BOARD MEMBER 1 0 X 0 0 0 DAVID STROMES BOARD MEMBER 1 0 X 0 0 0 BARBARA WACHS BOARD MEMBER 1 0 X 0 0 0 SHOHAM PIORENTINO BOARD MEMBER 1 0 X 0 0 0 MURRAY MASSRY VICE-CHAIR 2 0 X 0 0 0 NEIL MANASSE TREASURER 2 0 X X 0 0 0 0 733211 101282 2 0 1 0 0 0 0 146698 0 0 169975 0 316673 0 300024 300024 0 0 0 0 0 0 0 0 0 0 130368 0 0 0 130368 0 130368 130368 0 0 359879 0 0 0 359879 0 359879 359879 0 0 0 146698 0 0 0 0 0 0 0 0 0 0 12183 4828 7355 7355 0 0 0 0 0 0 0 1114299 797626 0 0 302000 302000 0 0 0 0 0 0 177414 88707 88707 0 0 0 0 0 65279 2350 2350 60579 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 22044 0 22044 0 9300 0 9300 0 0 0 0 0 63103 63103 0 0 5500 5500 0 0 12072 12072 0 0 0 0 0 0 10933 0 0 10933 0 0 0 0 12130 0 12130 0 0 0 0 0 0 0 0 0 6630 0 0 6630 0 0 0 0 0 0 0 0 385 0 385 0 4399 0 4399 0 POSTAGE AND PRINTING 779 0 0 779 OFFICE SUPPLIES 1092 0 0 1092 24112 0 1138 22974 717172 473732 140453 102987 181325 182376 0 0 0 0 0 0 0 0 0 0 0 0 0 0 6982 6302 626748 150397 476736 476351 13747777 15069599 0 0 0 0 0 0 40149 49471 14452969 15784099 50211 71700 0 0 0 0 0 0 0 0 0 0 0 0 0 0 2913827 3188175 2964038 3259875 X 11332187 12359064 156744 165160 11488931 12524224 14452969 15784099 397127 638166 0 0 0 0 X 0 1 X 1 0 X 799250 765940 525272 325210 316673 2732345 0 0 0 0 0 0 0 0 0 0 799250 765940 525272 325210 316673 2732345 2732345 246511 249555 267707 341859 367289 1472921 0 0 0 0 0 0 4205266 0.64974 0.69031 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 3050225 12125 285607 14713 0 0 3333244 2735121 4000 319772 8668 0 0 3050225 3110367 2985 -324205 54026 0 0 2735121 2894030 0 356882 140545 0 0 3110367 2811097 0 229433 146500 0 0 2894030 0 0.8 0.2 0 0 475136 0 475136 0 0 0 0 0 0 0 0 0 151612 150397 1215 0 0 0 0 476351 0 Due to Daughters of Sarah Nursing Center, Inc 20091 Due to Daughters of Sarah Housing Co, Inc 3168084 3188175 1694190 638166 0 0 0 638166 1056024 63103 -4828 58275 1114299 658897 0 0 0 0 0 658897 63103 -4828 58275 717172 Schedule D, Part V, Line 4 THE ORGANIZATION'S ENDOWMENTS ARE INTENDED TO BE USED AS SCHOLARSHIPS FOR RESIDENTS OF THE DAUGHTERS OF SARAH HOUSING COMPANY, TO FUND THE ANNUAL HANUKKAH CELEBRATION AT THE DAUGHTERS OF SARAH NURSING CENTER, TO PROVIDE AN ANNUAL ACHIEVEMENT AWARD TO TWO NURSING CENTER CAREGIVERS, TO FUND JEWISH STYLE MUSICAL ENTERTAINMENT FOR NURSING CENTER RESIDENTS AND TO PROVIDE TRANSPORTATION TO BRING STUDENTS FROM A LOCAL HEBREW SCHOOL TO VISIT RESIDENTS. THE ORGANIZATION ALSO HAS CERTAIN "LIFE & LEGACY" FUNDS, WHOSE EARNINGS CAN BE USED TO SUPPORT THE ORGANIZATION'S GENERAL OPERATIONS. Schedule D, Part XI, Line 4b GIFT SHOP PURCHASES Schedule D, Part XII, Line 4b GIFT SHOP PURCHASES Game Changer Event 157850 136278 21572 0 0 1800 6966 3779 6287 0 0 157850 136278 21572 0 0 1800 6966 3779 6287 18832 2740 1 DAUGHTERS OF SARAH NURSING CENTER INC 180 WASHINGTON AVE EXT ALBANY NY 12203 237120570 286000 CASH OPERATIONAL GRANTS AND TUITION ASSISTANCE FOR STAFF DAUGHTERS OF SARAH HOUSING CO INC 182 WASHINGTON AVE EXT ALBANY NY 12203 141805236 27004 CASH $11,004 IN SCHOLARSHIP 2 0 Schedule I, Part I, Line 2 THE FOUNDATION MAINTAINS CONTINUING OVERSIGHT AND MONITORING OVER THE UTILIZATION OF ITS FUNDING GRANTS. SUCH OVERSIGHT INCLUDES PERIODIC REPORTING AS TO THE USE AND APPLICATION OF GRANTS BY SENIOR MANAGEMENT STAFF, THE FOUNDATION'S MANAGEMENT AND FOUNDATION BOARD COMMITTEES. ADDITIONALLY, AS TO RENTAL SCHOLARSHIP AWARDS GIVEN BY THE DAUGHTERS OF SARAH HOUSING COMPANY, INC. TO QUALIFIED RESIDENTS, UTILIZING GRANT FUNDS, A MEMBER OF THE FOUNDATION'S BOARD OF DIRECTORS SERVES AS AN EX-OFFICIO MEMBER OF THE SCHOLARSHIP COMMITTEE TO MONITOR THE USE OF THE SCHOLARSHIP GRANT FUNDS. X X X X X X 0 0 0 0 0 0 0 0 0 MARK KOBLENZ CEO - see Schedule J Part III 0 358615 0 0 0 54366 0 19210 0 32713 0 464904 0 0 COURTNEY MULSON CFO - see Schedule J Part III 0 272692 0 0 0 47538 0 20347 0 29012 0 369589 0 0 Daughters of Sarah Nursing Center Related Party 242693 Reimbursement for Salaries 0 Form 990, Part VI, Section B, Line 11b THE ORGANIZATION'S BOARD OF DIRECTORS (ITS GOVERNING BODY) HAS DELEGATED REVIEW OF THE FORM 990 TO ITS FINANCE/AUDIT COMMITTEE, WHICH COMMITTEE HAS REVIEWED THE FORM IN ITS ENTIRETY PRIOR TO ITS FILING. THE FINANCE/AUDIT COMMITTEE HAS REVIEWED THIS FORM WITH THE BOARD OF DIRECTORS PRIOR TO ITS FILING AND HAS MADE COPIES OF THE FORM AVAILABLE TO BOARD MEMBERS. Form 990, Part VI, Section B, Line 12c THE ORGANIZATION'S CONFLICT OF INTEREST POLICY IS EXPLAINED AND DISCUSSED DURING ORIENTATION FOR ALL NEW BOARD MEMBERS. COPIES OF THE POLICY ARE PROVIDED TO ALL BOARD MEMBERS. THE POLICY IS ALSO REVIEWED WITH ALL BOARD MEMBERS AT THE FIRST BOARD MEETING OF EACH YEAR. ANNUALLY, BOARD MEMBERS ARE REQUIRED TO COMPLETE A DISCLOSURE FORM, DISCLOSING PERSONAL AND FINANCIAL BUSINESS INTERESTS AND ANY DEALINGS THEY OR THEIR FAMILY MEMBERS HAVE WITH THE ORGANIZATION OR WITH EACH OTHER. IN ADDITION, ALL NOMINEES FOR BOARD POSITIONS ARE REQUIRED TO COMPLETE A DISCLOSURE FORM PRIOR TO THEIR ELECTION. A COMPILATION OF THE DISCLOSED INFORMATION FOR THE ENTIRE BOARD IS SHARED WITH ALL BOARD MEMBERS TO ALERT THEM TO POSSIBLE CONFLICT SITUATIONS. THE COMPILATION IS UPDATED AND RE-CIRCULATED PERIODICALLY THROUGHOUT THE YEAR, WHEN WARRANTED. BOARD MEMBERS ARE EXPECTED TO DISCLOSE KNOWN OR POTENTIAL CONFLICTS, AS WELL AS PERCEIVED CONFLICTS INVOLVING OTHERS. PERCEIVED CONFLICTS ARE REVIEWED BY THE FINANCE/AUDIT COMMITTEE AND EXECUTIVE COMMITTEE, ADDRESSED WITH THE MEMBER(S) INVOLVED, AND REPORTED TO THE BOARD. Form 990, Part VI, Section B, Line 15 CEO COMPENSATION IS REVIEWED BY A SPECIAL COMMITTEE ON CEO PERFORMANCE REVIEW, COMPRISING OF THE PRESIDENTS OF EACH OF THE THREE ORGANIZATIONS COMPRISING THE DAUGHTERS OF SARAH SENIOR COMMUNITY (ONE OF WHICH IS THIS ORGANIZATION), WHICH COMMITTEE IS CHAIRED BY AN INDIVIDUAL JOINTLY SELECTED BY THE THREE PRESIDENTS. UPON CONTRACT RENEWAL, THE COMMITTEE EVALUATES THE CEO PERFORMANCE, COLLECTS COMPARATIVE DATA ON CEO COMPENSATION FROM INDUSTRY SOURCES AND FORMS 990 OF SIMILAR ORGANIZATIONS, AND FORMULATES A COMPENSATION AND EMPLOYMENT CONTRACT RECOMMENDATION THAT IS FAIR AND EQUITABLE IN LIGHT OF THE CIRCUMSTANCES OF THE CEO PERFORMANCE, FACILITY BUDGETS, AND THE COMPARABLE INFORMATION. THE COMMITTEE MAINTAINS CONTEMPORANEOUS SUBSTANTIATION OF ITS DELIBERATION AND DECISIONS, WHICH ARE REPORTED TO EACH OF THE BOARDS OF DIRECTORS FOR APPROVAL AND IMPLEMENTATION. THE BOARDS REVIEW AND RATIFY THE COMMITTEE'S RECOMMENDATIONS ON EMPLOYMENT CONTRACT DURATION, COMPENSATION, AND RELATED TERMS. THIS PROCESS WAS LAST DONE IN 2024. COMPENSATION AND PERFORMANCE EVALUATIONS FOR OTHER TOP MANAGEMENT STAFF ARE PERFORMED BY THE CEO, AND THEN REVIEWED BY THE CEO WITH REPRESENTATIVES OF THE ORGANIZATIONS SELECTED BY THE PRESIDENTS. COMPARATIVE DATA ON COMPENSATION IS COLLECTED FROM INDUSTRY SOURCES AND FORMS 990 OF SIMILAR ORGANIZATIONS, AND A FAIR AND EQUITABLE DECISION IS FORMULATED IN LIGHT OF THE CIRCUMSTANCES OF JOB PERFORMANCE, FACILITY BUDGETS AND THE COMPARABLE INFORMATION. CONTEMPORANEOUS SUBSTANTIATION OF THE DELIBERATIONS AND DECISIONS IS MAINTAINED. THE CEO REPORTS THE DELIBERATIONS, DECISIONS AND THE BASIS THEREFORE TO THE ORGANIZATION'S BOARD OF DIRECTORS. IF THE RECOMMENDED COMPENSATION LEVEL EXCEEDS THE LIMITS BUDGETED BY THE BOARD, FURTHER BOARD OF DIRECTOR APPROVAL OF THE COMPENSATION IS REQUIRED. Form 990, Part VI, Section C, Line 19 DISCLOSURE OF GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICIES, AND FINANCIAL STATEMENTS ARE MADE AVAILABLE UPON REQUEST. Form 990, Part VII, Section A, Line 1a MARK KOBLENZ, CEO, DEVOTES 11 HOURS PER WEEK TO DAUGHTERS OF SARAH HOUSING COMPANY AND 12 HOURS PER WEEK TO DAUGHTERS OF SARAH NURSING CENTER, INC., BOTH RELATED ORGANIZATIONS. COURTNEY MULSON, CFO, DEVOTES 32 HOURS PER WEEK TO DAUGHTERS OF SARAH NURSING CENTER, INC. AND 4 HOURS TO DAUGHTERS OF SARAH HOUSING COMPANY, BOTH RELATED PARTIES. THE DAUGHTERS OF SARAH NURSING CENTER, INC. FILES ALL EMPLOYMENT TAX FORMS WITH RESPECT TO THESE INDIVIDUALS. THE SALARY AND BENEFIT COST ASSOCIATED WITH THE HOURS ALLOCATED TO THE FOUNDATION IS AS FOLLOWS: MARK KOBLENZ - $174,895 COURTNEY MULSON - $2,519. DAUGHTERS OF SARAH NURSING CENTER INC 180 WASHINGTON AVENUE EXTENSION ALBANY NY 12203 237120570 SKILLED NURSING FACILITY NY 501(C)(3) 9 N/A 0 DAUGHTERS OF SARAH HOUSING COMPANY 182 WASHINGTON AVENUE EXTENSION ALBANY NY 12203 141805236 ASSISTED LIVING NY 501(C)(3) 9 N/A 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 DAUGHTERS OF SARAH NURSING CENTER INC b 286000 CASH DAUGHTERS OF SARAH HOUSING COMPANY b 27004 CASH DAUGHTERS OF SARAH NURSING CENTER INC n 0 AMOUNT NOT QUANTIFIED DAUGHTERS OF SARAH NURSING CENTER INC o 242693 CASH DAUGHTERS OF SARAH NURSING CENTER INC p 5066 CASH THE FILING IS NOT COMPLETED UNTIL AFTER IT HAS BEEN APPROVED BY THE BOARD WHICH HAPPENS AT THEIR JUNE BOARD MEETING.