THE SILVERCREST CENTER FOR NURSING AND REHABILITATION

THE SILVERCREST CENTER FOR NURSING AND REHABILITATION

Jamaica, NY, US
501(c)3
EIN
11-2925535

THE SILVERCREST CENTER FOR NURSING AND REHABILITATION

Jamaica, NY, US
501(c)3
EIN
11-2925535

Income Statement

Fiscal Year Start:
Jan 1
Revenues in 2024

$66,361,222

Program Services
97%
Government Grants
3%
Other
<1%
Investments
<1%
Contributions
0%
Fundraising Events
0%
Membership Dues
0%
Expenses in 2024

$74,094,758

Salaries & Benefits
59%
Other
17%
Fees to Service Providers
14%
Offices, Occupancy & IT
7%
Depreciation
2%
Interest
<1%
Grants
0%
Benefits to Members
0%
Advertising & Promotion
0%
Revenues
2023
2024
Change
Contributions
$0
$0
-
Government Grants
$1,650,048
$1,846,805
+12%
Fundraising Events
$0
$0
-
Program Services
$60,424,140
$64,049,879
+6%
Membership Dues
$0
$0
-
Investments
$9,597
$31,550
+229%
Other
$469,343
$432,988
-8%
Total Revenues
$62,553,128
$66,361,222
+6%
Expenses
2023
2024
Change
Grants
$0
$0
-
Benefits to Members
$0
$0
-
Salaries & Benefits
$42,968,589
$43,958,653
+2%
Fees to Service Providers
$8,656,570
$10,193,684
+18%
Advertising & Promotion
$0
$0
-
Offices, Occupancy & IT
$6,091,804
$5,253,984
-14%
Interest
$323,637
$344,023
+6%
Depreciation
$1,910,426
$1,786,226
-7%
Other
$9,807,987
$12,558,188
+28%
Total Expenses
$69,759,013
$74,094,758
+6%
Net income
2023
2024
Change
Net income
-$7,205,885
-$7,733,536
-7%
Functional Expenses
Summary
2023
2024
Change
Program
$66,501,409
$70,684,333
+6%
Admin
$3,257,604
$3,410,425
+5%
Fundraising
$0
$0
-
Total Expenses
$69,759,013
$74,094,758
+6%
Income Statement
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