Cause IQ organization profile

Laurel Circle

Program areas | Form 990s | Financials | Vendors | Personnel | Peers

Laurel Circle is a senior residential care facility based in East Brunswick, NJ that was founded in 1985. As of 2019 they had $77 million in revenue and $1.9 million in assets.

Laurel Circle is a full-service senior living community in Bridgewater with a unique personality and a distinct spirit.

Previous legal names or variations of their name include: Friends Retirement Concepts; and Arbor Glen.

EIN:
23-2377560
City:
State:
Metro:
Phone:
866-754-5952
Facebook:
Founded:
1985
Type:
501(c)(3)
NTEE:
Revenue:
$77,429,648
Assets:
$1,909,950
Employees:
117
Fiscal year end:
December
Revenue trends:
Asset trends:

Program areas at Laurel Circle

The corporation is incorporated under the nonprofit corporation law of 1972 of the commonwealth of Pennsylvania, as amended, for the purposes of conducting exclusively charitable, scientific, or educational activities within the meaning of section 501(c)(3) of the internal revenue code of 1986, as amended (or the corresponding provision of any successor united states internal revenue law) (the "internal revenue code"), including but not limited to (1) providing administrative, property management, and other support services for nonprofit organizations; (2) owning or operating, including developing and managing, or both, either directly or indirectly through any other entity or organization, any life care facility in the nature of continuing care Retirement community or life care at home program or otherwise designed to benefit elderly persons and in general to implement programs designed to meet the needs of elderly persons; and (3) making donations and other transfers to charitable organizations and other organizations affiliated ...

Form 990s for Laurel Circle

Fiscal year endingDate received by IRSFormPDF link
2019-11Jul 7, 2020990View PDF
2018-12Jun 19, 2019990View PDF
2017-12Dec 22, 2018990View PDF
2016-12Dec 5, 2017990View PDF
2015-12Jan 18, 2017990View PDF
...and seven more Form 990 PDFs

Financials for Laurel Circle

Field2018
Total grants, contributions, etc.$14,400
Program services$9,115,095
Investment income and dividends$511,333
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$67,474,910
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$313,910
Total revenues$77,429,648

Vendors for Laurel Circle

VendorServicesAmount paidDate
Microsoft ServicesSoftware2019-08-28
██████Fundraising software2019-08-16
███████ ███ ████Fundraising software; Payment processing2019-08-16
█████ █████ ███████ ██████ ███Tax accounting; Audit accounting2019-06-07
██████Management Services$1,662,0982018-12-01
███████ ██████ ███ █████ ███Legal Services$381,5972018-12-01
█ ████ █████████Construction Services$116,5102018-12-01
██████ █████ █████Rehab Services$633,5772018-12-01
...and one more vendors

Personnel at Laurel Circle

NameTitleCompensationMost recent data
Felix RosenwasserPresident and Chief Executive Officer$173,132June 7, 2019
Janine SchmeltzDirector of Nursing$112,668Dec. 31, 2018
██████ █████Secretary$0Dec. 31, 2018
█████ ██████Vice Chair$0Dec. 31, 2018
████ ███████Director / Chairperson$0Dec. 31, 2018
████ ██████████Controller and Assistant Treasurer$111,696Dec. 31, 2018
█████ ███████Chairperson / Vice Chair$0Dec. 31, 2018
███████ ██████Treasurer$0Dec. 31, 2018
█████ █ █████Past President and Chief Executive Officer Resigned 5 and 22 and 14$402,104Dec. 31, 2014
...and one more key personnel

Peer senior supportive residential care facilities

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2Lutheran Social Ministries at Crane's Mill (LSMNJ)501(c)(3)$30 millionBurlington, NJ
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4Lions Gate501(c)(3)$28 millionVoorhees, NJ
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6Seabrook Village501(c)(3)$66 millionTinton Falls, NJ
7Springpoint Senior Living501(c)(3)$193 millionWall, NJ
8Masonic Charity Foundation of New Jersey501(c)(3)$29 millionBurlington, NJ
9Fellowship Senior Living501(c)(3)$44 millionBasking Ridge, NJ
10Cedar Crest Village501(c)(3)$85 millionPompton Plains, NJ
11Lourdes-Noreen McKeen501(c)(3)$24 millionWest Palm Beach, FL
12Mercy Ridge501(c)(3)$22 millionTimonium, MD
13Brethren Hillcrest Homes501(c)(3)$26 millionLa Verne, CA
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21Peninsula United Methodist Homes (Acts)501(c)(3)$49 millionWest Point, PA
22Lasell Village501(c)(3)$19 millionAuburndale, MA
23Beatitudes Campus501(c)(3)$30 millionPhoenix, AZ
24Rogue Valley Manor501(c)(3)$60 millionMedford, OR
25Florida Living Options501(c)(3)$46 millionBrandon, FL