CATHOLIC MANAGED LONG TERM CARE INC

CATHOLIC MANAGED LONG TERM CARE INC

New York, NY, US
501(c)3
EIN
20-8180809

CATHOLIC MANAGED LONG TERM CARE INC

New York, NY, US
501(c)3
EIN
20-8180809

Overview

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Est.

2007

Fiscal Year Start

Jan 1

Organization Type

Grantseeker

AI Summary

Catholic Managed Long Term Care Inc, with EIN 20-8180809, is a nonprofit organization dedicated to providing all-inclusive care for the elderly through its Programs of All-Inclusive Care for the Elderly (PACE) in Manhattan and the Bronx. The organization operates with an annual budget of $270.1 million and reported total revenue of $358.4 million in 2024, receiving significant funding from multiple sources without reliance on a single funder for over 50% of its revenue. Through its ArchCare Community Life Program, it offers Medicaid-covered services to individuals aged 18 and over, supporting those who qualify for nursing home care while allowing them to remain in their homes and communities. For more information, visit www.archcare.org.

Mission Statement

CATHOLIC MANAGED LONG TERM CARE, INC. OFFERS ALL-INCLUSIVE CARE FOR THE ELDERLY (PACE) IN MANHATTAN AND THE BRONX WHO QUALIFY FOR NURSING HOME CARE BUT WISH TO STAY IN THEIR HOMES AND COMMUNITY. IN ADDITION, THE ORGANIZATION OFFERS THE ARCHCARE COMMUNITY LIFE PROGRAM AS A MANAGED LONG TERM CARE PROGRAM WHICH PROVIDES MEDICAID COVERED SERVICES TO INDIVIDUALS 18 AND OVER.
Revenues

$358.4M

Expenses

$270.1M

Net Income:
+$88.3M
Assets

$132M

Liabilities

$30.3M

Net Assets:
+$101.8M
Operating Budget

$270.1M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

2

Median grant size
$36.5K
Largest grant received
$59.8K
G
Gt Sweeney
Board Member
S
Scott P La Rue
Board Member
C
Clarion E Johnson Md
Board Member

Frequently Asked Questions

What is CATHOLIC MANAGED LONG TERM CARE INC’s budget?
In 2024, CATHOLIC MANAGED LONG TERM CARE INC reported an annual operating budget of around $270.1 million. More detailed financial information is available to registered users.
What causes does CATHOLIC MANAGED LONG TERM CARE INC support?
CATHOLIC MANAGED LONG TERM CARE INC supports work in Medical support services.
Where does CATHOLIC MANAGED LONG TERM CARE INC operate?
CATHOLIC MANAGED LONG TERM CARE INC is headquartered in New York, NY.
Who funded CATHOLIC MANAGED LONG TERM CARE INC recently?
In 2024, CATHOLIC MANAGED LONG TERM CARE INC received grants from Yale University, Cornell University, and MOTHER CABRINI HEALTH FOUNDATION INC. More information on this organization’s funders is available to registered users.
What is the largest grant CATHOLIC MANAGED LONG TERM CARE INC received in 2024?
The largest grant to CATHOLIC MANAGED LONG TERM CARE INC in 2024 exceeds $60 thousand.
What is CATHOLIC MANAGED LONG TERM CARE INC’s reliance on government grants?
CATHOLIC MANAGED LONG TERM CARE INC relied on government grants for less than 5% of their total revenue in 2024.
Overview
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