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Nonprofit · EIN 14-1805236

DAUGHTERS OF SARAH HOUSING COMPANY INC

Tax-exempt · ALBANY, NY 12203

Financials

$4.7M$3.6M2023$5.3M$4.8M2024
Revenue Expenses · by fiscal year end
Financials of DAUGHTERS OF SARAH HOUSING COMPANY INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,331,616$4,756,864$574,752$15,163,816$649,883$14,513,933
December 31, 2023990$4,678,578$3,645,168$1,033,410$14,151,192$486,614$13,664,578
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$42,369
Program service revenue
$5,097,226
Investment income
$191,656
Other revenue
$365

Expenses

Grants and similar amounts paid
$600,000
Compensation of officers, directors and key employees
$159,019
Other salaries and wages
$2,317,286
Salaries, compensation and benefits (total)
$2,829,176
Professional fundraising fees
$0
Legal fees
$8,513
Accounting fees
$16,800
Occupancy
$135,473
Travel
$1,980
Depreciation
$370,342
Program services (functional)
$3,955,554
Management and general (functional)
$801,310

Balance sheet and other

Total assets, start of year
$14,151,192
Total assets, end of year
$15,163,816
Total liabilities, end of year
$649,883
Net assets, end of year
$14,513,933
Land, buildings and equipment
$4,855,623
Publicly traded securities
$4,348,011
Net assets without donor restrictions
$11,276,534
Net assets with donor restrictions
$3,237,399
Gross receipts
$5,331,616
Employees
94
Volunteers
20
Year formed
1998
State of legal domicile
NY

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
MARK KOBLENZCEO - See Schedule J Part III
Key employee, Highest-paid employee
11$0$412,981$51,923
COURTNEY MULSONCFO - see Schedule J Part III
Key employee, Highest-paid employee
5$0$320,230$49,359
KAREN LOBELCHAIR
Trustee or director, Officer
2$0$0$0
ROBERT FINKLEVICE-CHAIR
Trustee or director, Officer
2$0$0$0
DANIEL SANDERSTREASURER
Trustee or director, Officer
2$0$0$0
ELLEN SCHWARTZSECRETARY
Trustee or director, Officer
2$0$0$0
JODY FERENCEBOARD MEMBER
Trustee or director
1$0$0$0
ED MARINSTEINBOARD MEMBER
Trustee or director
1$0$0$0
KAREN GLASERBOARD MEMBER
Trustee or director
1$0$0$0
ZALMAN SIMONBOARD MEMBER
Trustee or director
1$0$0$0
IRA LOBELBOARD MEMBER
Trustee or director
1$0$0$0
CARYN POSKANZERBOARD MEMBER
Trustee or director
1$0$0$0
RICH SOKOLERBOARD MEMBER
Trustee or director
1$0$0$0
DEBORAH STAYMANBOARD MEMNER
Trustee or director
1$0$0$0
990 for the year ended December 31, 2023: 13 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
MARK KOBLENZCEO - See Schedule J Part III
Key employee, Highest-paid employee
11$0$463,562$49,214
COURTNEY MULSONCFO - see Schedule J Part III
Key employee, Highest-paid employee
5$0$355,952$48,826
LYNDA SHRAGERCHAIR
Trustee or director, Officer
2$0$0$0
KAREN LOBELVICE-CHAIR
Trustee or director, Officer
2$0$0$0
DANIEL SANDERSTREASURER
Trustee or director, Officer
2$0$0$0
ELLEN SCHWARTZSECRETARY
Trustee or director, Officer
2$0$0$0
JODY FERENCEBOARD MEMBER
Trustee or director
1$0$0$0
ROBERT FINKLEBOARD MEMBER
Trustee or director
1$0$0$0
KAREN GLASERBOARD MEMBER
Trustee or director
1$0$0$0
SUSAN LITYNSKIBOARD MEMBER
Trustee or director
1$0$0$0
IRA LOBELBOARD MEMBER
Trustee or director
1$0$0$0
CARYN POSKANZERBOARD MEMBER
Trustee or director
1$0$0$0
RICH SOKOLERBOARD MEMBER
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
182 WASHINGTON AVE EXT, ALBANY, NY 12203-5391
In care of
% COURTNEY MULSON
Principal officer (990 for 2024)
COURTNEY MULSON, 180 WASHINGTON AVE EXT, ALBANY, NY 12203
Signed the 990
Courtney Mulson, CFO
Phone
(518) 689-0454

Mission

THE MISSION OF THE DAUGHTERS OF SARAH HOUSING COMPANY, INC. IS TO ENHANCE THE QUALITY OF LIFE , ASSURE THE SAFETY AND DIGNITY, AND FOSTER THE INDEPENDENCE OF THOSE WE SERVE , THROUGH RESIDENTIAL, PERSONAL CARE, HEALTH AND OTHER SERVICES, CONSISTENT WITH JEWISH VALUES AND TRADITIONS. ITS AUTHORIZED ACTIVITIES INCLUDE OPERATING AN ENRICHED HOUSING PROGRAM, ASSISTED LIVING FACILITY, AND ENHANCED ASSISTED LIVING FACILITY FOR ELDERLY ADULTS AS LICENSED BY THE NEW YORK STATE DEPARTMENT OF HEALTH AND AN INDEPENDENT HOUSING FACILITY FOR SENIOR CITIZENS.

990 for the year ended December 31, 2024

Program accomplishments

  • DAUGHTERS OF SARAH HOUSING COMPANY IS AUTHORIZED TO OPERATE AN ENRICHED HOUSING PROGRAM AND ASSISTED LIVING FACILITY FOR ELDERLY ADULTS AS LICENSED BY THE NEW YORK STATE DEPARTMENT OF HEALTH AND AN INDEPENDENT HOUSING FACILITY FOR SENIOR CITIZENS. DAUGHTERS IS A 56 UNIT FACILITY PROVIDING FOR THE PERSONAL CARE AND SECURITY NEEDS OF FRAIL AND DISABLED SENIORS, A NUMBER OF WHOM ARE INDIGENT. BY MEETING ALL OF THE PERSONAL CARE NEEDS OF OUR RESIDENTS IN A WARM, CLEAN, LOVING AND INVITING ENVIRONMENT, DAUGHTERS INSURES THAT ITS RESIDENTS ARE ABLE TO LIVE AND AGE IN A DIGNIFIED, RESPECTFUL, AND SELF-INDEPENDENT MANNER APPROPRIATE TO THEIR HEALTH CONDITION AND PERSONAL REQUIREMENTS. THE GOAL OF THE SERVICES PROVIDED IS TO ENABLE THE RESIDENTS TO MAXIMIZE THEIR INDEPENDENCE AND ENRICH THE QUALITY OF THEIR LIVES. PROGRAMS THAT ALL MELD TO ACHIEVE OUR GOAL INCLUDE: THE AVAILABILITY OF ROUND THE CLOCK PERSONAL CARE STAFF, CASE MANAGEMENT, KOSHER MEALS PREPARED IN ACCORDANCE WITH JEWISH DIETARY LAWS, DAILY ACTIVITY PROGRAMMING FOR BOTH PHYSICAL AND MENTAL STIMULATION APPROPRIATE TO RESIDENT ACUITY LEVELS, REGULAR ENTERTAINMENT PROGRAMS, WEEKLY JEWISH SABBATH SERVICES, CELEBRATION OF ALL JEWISH HOLIDAYS (AND COORDINATION OF ACTIVITIES AROUND THE HOLIDAY THEMES), TRIPS AND EXCURSIONS TO COMMUNITY PROGRAMS AND OTHER SCHEDULED EVENTS CALCULATED TO BRING HAPPINESS TO THE LIVES OF OUR RESIDENTS. RESIDENTS ARE TREATED AS UNIQUE INDIVIDUALS AND ALL HAVE PERSONALIZED CARE PLANS THAT IDENTIFY THE SERVICES THAT THEY WILL RECEIVE. AS THEIR CARE NEEDS CHANGE THE PLANS ARE ADJUSTED ACCORDINGLY. DAUGHTERS FURTHER OFFERS RESPITE CARE TO ADULTS IN THE COMMUNITY. THIS SHORT-TERM SERVICE PROVIDES UP TO THIRTY DAYS OF A LOVING, SAFE, APPROPRIATELY MONITORED CARE IN AN ASSISTED LIVING FACILITY FOR INDIVIDUALS NEEDING AND DESIRING TO EXPERIENCE SUCH A LEVEL OF CARE.
    Expenses $3,944,550 · revenue $5,278,243
  • WE PROVIDE SCHOLARSHIPS TO RESIDENTS WHOSE ABILITY TO PAY FOR THE COST OF THEIR CARE IS DIMINISHED, AND WHOSE OVERALL FINANCIAL RESOURCES ARE GENERALLY LESS THAN FIFTY PERCIENT (50%) OF THE AVERAGE RESOURCES OF THE GENERAL POPULATION IN THE SURROUNDING AREAS. THE SCHOLARSHIPS ARE BASED ON A FIVE (5) YEAR RETROSPECTIVE REVIEW OF AN APPLICANT'S BANK AND RELATED RECORDS. QUALIFYING APPLICANTS WILL RECEIVE SCHOLARSHIPS THROUGH SUPPORT FROM THE HARRY AND JEANETTE WEINBERG SCHOLARSHIP ENDOWMENT, WHICH WAS ESTABLISHED AND IS MAINTAINED FOR THIS PURPOSE WITH THE DAUGHTERS OF SARAH JEWISH FOUNDATION, INC. THESE SCHOLARSHIPS ENABLE RESIDENTS TO REMAIN IN A CARE SETTING MORE APPROPRIATE TO THEIR PERSONAL NEEDS. WITHOUT SCHOLARSHIP SUPPORT, QUALIFYING RESIDENTS MIGHT OTHERWISE BE COMPELLED TO TRANSFER TO A MORE RESTRICTIVE, MORE EXPENSIVE, AND UNNECESSARY HEALTH CARE SETTING -- BUT ONE THAT IS PAID FOR BY FEDERAL AND STATE GOVERNMENTS, SUCH AS A NURSING HOME. THE SCHOLARSHIPS ENABLE US TO HELP REDUCE THE BURDEN ON GOVERNMENTAL RESOURCES AND PRESERVE THE DIGNITY AND INDEPENDENCE OF RESIDENTS.
    Expenses $11,004 · grants $11,004 · revenue $11,004
  • WE ARE ENGAGED IN AN ONGOING PROCESS TO REVIEW CAMPUS-WIDE OPERATIONS AND STUDY THE FEASABILITY, DESIRABILITY, AND VIABILITY OF EXPANDING SUCH OPERATIONS TO INCORPORATE OTHER LEVELS OF ASSISTED LIVING, INDEPENDENT LIVING, COMMUNITY BASED MATTERS, AND OTHER POTENTIAL MISSION RELATED LINES OF HEALTH CARE SERVICES. IN THAT CONTEXT, DAUGHTERS HAS BEEN LICENSED BY THE NYS DEPARTMENT OF HEALTH AS AN ENHANCED ASSISTED LIVING FACILITY, WHICH ENABLES US TO FURTHER ASSIST ELDER RESIDENTS WITH THE CHALLENGES OF DAILY LIVING WITHOUT REQUIRING THEM TO TRANSFER TO MORE EXPENSIVE AND MORE RESTRICTIVE LEVELS OF HEALTH CARE.0

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
14-1805236
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2000
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P75)
Assets (IRS master file)
$15,163,816
Income (IRS master file)
$5,331,616

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,331,616$4,756,864$15,163,816XML
990December 2023$4,678,578$3,645,168$14,151,192XML
990December 2022$4,473,161$3,887,402$12,850,964IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 14-1805236).

Questions about DAUGHTERS OF SARAH HOUSING COMPANY INC

What is the EIN of DAUGHTERS OF SARAH HOUSING COMPANY INC?
The employer identification number (EIN) of DAUGHTERS OF SARAH HOUSING COMPANY INC is 14-1805236.
Is DAUGHTERS OF SARAH HOUSING COMPANY INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to DAUGHTERS OF SARAH HOUSING COMPANY INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DAUGHTERS OF SARAH HOUSING COMPANY INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of DAUGHTERS OF SARAH HOUSING COMPANY INC due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DAUGHTERS OF SARAH HOUSING COMPANY INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of DAUGHTERS OF SARAH HOUSING COMPANY INC?
The 990 for the year ended December 31, 2024 names COURTNEY MULSON.
Who are the officers and directors of DAUGHTERS OF SARAH HOUSING COMPANY INC?
The 990 for the year ended December 31, 2024 lists 14 people; 0 received compensation from the organization.
How much revenue does DAUGHTERS OF SARAH HOUSING COMPANY INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,331,616, expenses of $4,756,864 and total assets of $15,163,816 at year end.

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