ARMENIAN NURSING AND REHABILITATION CENTER INC

EIN: 042142337 501(c)(3) Health Care

JAMAICA PLAIN, MA

Total Revenue
$10,619,865
Total Expenses
$10,605,796
Total Assets
$5,118,871
Net Assets
$1,679,685
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1934
Legal Domicile
MA
Principal Officer
WENDY SEGREST
Phone
6175222600
Tax Period
2023-01-01 to 2023-12-31

ARMENIAN NURSING AND REHABILITATION CENTER INC, founded in 1934, is a mid-sized nonprofit in the Health Care sector that reported $10.6M in total revenue in fiscal year 2023. Revenue surged 30% from the prior year, signaling strong growth momentum.

Mission

TO OPERATE A NON-PROFIT LONG-TERM CARE AND SHORT-TERM REHABILITATION FACILITY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,034,583
Program Service Revenue $9,585,115
Investment Income $167
Other Revenue $0
TOTAL REVENUE $10,619,865

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,581,678
Fundraising Expenses $0
Program Expenses $8,975,724
Other Expenses $5,024,118
TOTAL EXPENSES $10,605,796

Year-over-Year Comparison

2023 2022 Change
Revenue $10,619,865 $8,149,091 +0.3%
Expenses $10,605,796 $10,457,617 +0.0%
Net Income $14,069 $-2,308,526 -1.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
8
Independent Members
8
Employees
128
Volunteers
8

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
3
$0
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARTHA MENSOIAN PRESIDENT 2.50
Officer Director
$0 $0 $0
SETA NERSESSIAN TREASURER 3.00
Officer Director
$0 $0 $0
HANNAH DAGG CLERK 2.00
Officer Director
$0 $0 $0
HILDA SAHAN CAMPBELL DIRECTOR 2.00
Director
$0 $0 $0
REBECCA GARABEDIAN DIRECTOR 2.00
Director
$0 $0 $0
LORRAINE MARIE MANJIKIAN DIRECTOR 2.00
Director
$0 $0 $0
MANNEH SHARIS GHAZARIANS DIRECTOR 2.00
Director
$0 $0 $0
ALYSSA ANNA YENIKOMSHIAN DIRECTOR 2.00
Director
$0 $0 $0
MARIELLE DESIR LPN 58.00
Highest
$196,851 $9,044 $205,895
JOHN MULLIGAN DIRECTOR OF NURSING 40.00
Highest
$152,213 $8,544 $160,757
SUSAN JOHNSON NURSE SUPERVISOR 42.00
Highest
$116,093 $15,945 $132,038
JASON PAUL NURSE SUPERVISOR 40.00
Highest
$153,178 $6,462 $159,640
LEEANNE SNIEGOSKI ASSISTANT DIRECTOR OF NURSING/ SDC 40.00
Highest
$107,426 $15,173 $122,599
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $10,619,865 $10,605,796 $5,118,871 $14,069
2022 $8,149,091 $10,457,617 $4,989,715 $-2,308,526
2021 $7,611,131 $8,801,459 $5,079,151 $-1,190,328
2020 $8,140,007 $8,386,561 $6,031,326 $-246,554
2019 $9,178,413 $8,844,216 $6,699,719 $334,197
2018 $9,262,786 $8,764,918 $7,371,330 $497,868
Explore More Nonprofits
→Top 100 Nonprofits in Massachusetts →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare ARMENIAN NURSING AND REHABILITATION CENTER INC with other nonprofits in Massachusetts and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.