MARY MANNING WALSH NURSING HOME CO INC Charity Report

Public IRS 990 nonprofit record

MARY MANNING WALSH NURSING HOME CO INC

EIN 13-6220617 · Health Care (E910)

What they do

ARCHCARE AT MARY MANNING WALSH is A 362-BED SKILLED NURSING and REHABILITATION CENTER SERVING THE UPPER EAST SIDE NEIGHBORHOOD of MANHATTAN.SKILLED NURSING is AVAILABLE to ALL RESIDENTS ACCORDING to THEIR NEEDS. THERE is A NURSING STATION NEAR THE MIDDLE of EACH FLOOR and A GERIATRIC ATTENDANT THAT is ASSIGNED to HELP RESIDENTS.THE BUILDINGS MANY PUBLIC SPACES, INCLUDING AN OUTDOOR TERRACE ON THE 7TH FLOOR, HOST ACTIVITIES to MEET INDIVIDUAL NEEDS and PROVIDE OPPORTUNITIES for SOCIALIZATION. WHILE THE CONCOURSE LEVEL COFFEE SHOP is A FAVORITE MEETING PLACE for FAMILY and FRIENDS, MANY RESIDENTS ARE MOST FOND of THE WALSH HOMES EMERALD LOUNGE WHERE MANY GATHER for COCKTAILS and COMPANIONSHIP EACH EVENING. EVENTS CALENDARS ARE POSTED AT NURSES STATIONS, IN ELEVATORS and IN THE MAIN DINING ROOM. WITH THE HELP of AN ACTIVE FAMILY CIRCLE and A STRONG VOLUNTEER PROGRAM, THE WALSH HOME is ABLE to OFFER ITS RESIDENTS HIGHLY SATISFYING ACTIVITIES to FILL THEIR DAYS.

Before you give

Should I give to this charity?

Easy charity check

Look at where the money went

Of every $100 spent, about $84.00 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2024The charity has a recent tax report to read.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders31 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

83.45%of revenue went to mission work84.0% of expenses · Program services

$99.31spent for every $100 of revenueRevenue covered expenses this year.

15.86%of revenue went to management and office costs16.0% of expenses

$0.93in assets for every $1 spent this yearSome assets cannot be spent right away.

1.4%of its money came from giftsOther money may come from services or investments.

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Who did you help? Ask for a recent story or report that shows real results.
What will my money do? Ask exactly what your gift will pay for.
Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $467,060 for MICHAEL T MONAHAN (ADMINISTRATOR). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2024

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

$100revenue

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$78,344,946

Mission workProgram services$65,377,17183.45% of revenue84.0% of expenses

ManagementOffice and general costs$12,424,61615.86% of revenue16.0% of expenses

FundraisingAsking for donations0.00% of revenue0.0% of expenses

Revenue left after expensesReported annual surplus$543,1590.69% of revenueShown in gray on the chart

Total expenses$77,801,78799.31% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails

2024CurrentExpense mix: 84.0% mission · 16.0% management · 0.0% fundraisingTotal expenses: 99.31% of revenue

2023Expense mix: 85.5% mission · 14.5% management · 0.0% fundraisingTotal expenses: 99.86% of revenue

2022Expense mix: 84.1% mission · 15.9% management · 0.0% fundraisingTotal expenses: 97.47% of revenue

2021Expense mix: 84.4% mission · 15.6% management · 0.0% fundraisingTotal expenses: 92.16% of revenue

2020Expense mix: 82.3% mission · 17.7% management · 0.0% fundraisingTotal expenses: 99.74% of revenue

2019Expense mix: 86.6% mission · 13.4% management · 0.0% fundraisingTotal expenses: 97.18% of revenue

2018Expense mix: 87.3% mission · 12.7% management · 0.0% fundraisingTotal expenses: 94.77% of revenue

2017Expense mix: 89.0% mission · 11.0% management · 0.0% fundraisingTotal expenses: 99.54% of revenue

Money in and money out

Revenue$78,344,946

Expenses$77,801,787

Annual surplus $543,159 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$65,377,171 · 84.0% of expenses

Management and office costs$12,424,616 · 16.0% of expenses

See all reported dollar amounts

Revenue$78,344,946

Expenses$77,801,787

Assets$72,740,336

Income$84,952,937

Contributions$1,133,603

Mission work (program services)$65,377,171

Management and general$12,424,616

Executive compensation (total)$576,768

Stocks and bonds$11,323,507

Accounting fees$102,500

Investing fees$48,439

People

Leadership and board

Tax year 2024

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation

MICHAEL T MONAHANADMINISTRATOR · 35 hrs/week $467,060Base $353,257 · Other $113,803

SCOTT P LA RUEPRESIDENT/CEO $439,006Base · Other $439,006

ANNMARIE COVONEEXECUTIVE VP/CFO $369,602Base · Other $369,602

LINDEN MORRISDIRECTOR OF PLANT OPERATIONS · 35 hrs/week $359,615Base $334,492 · Other $25,123

HELEN P VERCELESCHIEF NURSING OFFICER · 35 hrs/week $337,616Base $285,915 · Other $51,701

GICELA D RELANORN · 35 hrs/week $324,738Base $229,513 · Other $95,225

JOSE ENRICO D GONZALESRN · 35 hrs/week $310,389Base $219,372 · Other $91,017

MARJORIE P PREGENTCHIEF CLINICAL OFFICER · 35 hrs/week $274,403Base $263,003 · Other $11,400

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (31)

MICHAEL T MONAHANADMINISTRATOR

SCOTT P LA RUEPRESIDENT/CEO

ANNMARIE COVONEEXECUTIVE VP/CFO

LINDEN MORRISDIRECTOR OF PLANT OPERATIONS

HELEN P VERCELESCHIEF NURSING OFFICER

GICELA D RELANORN

JOSE ENRICO D GONZALESRN

MARJORIE P PREGENTCHIEF CLINICAL OFFICER

RICHARD PARK MDBOARD MEMBER

LESLIE KASERGRANDEBOARD MEMBER

REV MSGR JOSEPH LAMORTEBOARD MEMBER

JOSEPH SAPORITOBOARD MEMBER

RORY KELLEHERBOARD MEMBER

SISTER SELINE FLORESBOARD MEMBER

STEVE BUJNOBOARD MEMBER

THOMAS E ALBERTOBOARD MEMBER

THOMAS J FAHEY JR MDBOARD MEMBER

THOMAS M OBRIENVICE-CHAIR

KATHRYN ROONEYBOARD MEMBER

KAREN GRAYBOARD MEMBER

JOHN T DUNLAPBOARD MEMBER THRU JUNE 2024

JOHN GLEASONBOARD MEMBER

JOHN CAHILLBOARD MEMBER

GT SWEENEYBOARD MEMBER

FRANCIS J SERBAROLI ESQCHAIRMAN

ERIC P FELDMANNBOARD MEMBER

DR TARA A CORTESSECRETARY

DR PATRICIA TOOKERBOARD MEMBER

CYNTHIA ROBERTBOARD MEMBER

CLARION E JOHNSON MDBOARD MEMBER

BISHOP GERALD WALSHBOARD MEMBER

About this charity

Recognized since: January 1946
Location: 205 LEXINGTON AVENUE 3RD, NEW YORK, NY 10016-6022
County: New York
In care of: ANNMARIE COVONE
Primary officer: ANNMARIE COVONE, EXECUTIVE VP & CFO

How to reach them

WebsiteVisit the charity’s website Phone(646) 633-4700

Filing and classification

Latest tax year: 2024
Tax period began: January 1, 2024
Return type: 990
Tax preparer: PKF OCONNOR DAVIES ADVISORY LLC
NTEE classification: Health Care (E910)
IRS tax category: Continuing Care Retirement Communities