ALLIANCE HEALTH OF SOUTHEASTERN MA… - Form 990 Financial Data

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

2001

Legal Domicile

Principal Officer

FRANCIS J GRADY

Phone

6173323366

Tax Period

2024-01-01 to 2024-12-31

ALLIANCE HEALTH OF SOUTHEASTERN MASSACHUSETTS INC, founded in 2001, is a mid-sized nonprofit in the Housing & Shelter sector that reported $12.8M in total revenue in fiscal year 2024. Revenue fell 24% from the prior year — a significant decline worth monitoring. Expenses of $14.5M exceeded revenue, resulting in a 13% operating deficit.

Mission

THE COMPANY SHALL PROMOTE AND PROVIDE SAFE, HEALTHY, QUALITY SERVICES AND LIVING ENVIRONMENTS FOR ELDERS WHO CANNOT CARE FOR THEMSELVES.

Program Service Accomplishments

Program 1

Expenses: $10,648,961 Revenue: $12,778,737

OUR SKILLED NURSING AND REHABILITATION FACILITY PROVIDES A WIDE RANGE OF MEDICAL AND REHABILITATIVE SERVICES, INCLUDING POST ACUTE CARE, SHORT-TERM REHABILITATION, RESPITE CARE, HOSPICE CARE, AND...

OUR SKILLED NURSING AND REHABILITATION FACILITY PROVIDES A WIDE RANGE OF MEDICAL AND REHABILITATIVE SERVICES, INCLUDING POST ACUTE CARE, SHORT-TERM REHABILITATION, RESPITE CARE, HOSPICE CARE, AND LONG-TERM CARE. WORKING DIRECTLY WITH EACH RESIDENT AND THEIR FAMILY MEMBERS, OUR STAFF WILL CUSTOMIZE A COMPREHENSIVE PLAN OF CARE DESIGNED TO TREAT MEDICAL COMPLICATIONS AND ACHIEVE FUNCTIONAL INDEPENDENCE. OUR FACILITY PROVIDES THE HIGHEST STANDARDS OF CARE AND RESIDENTS ENJOY AN ACTIVE AND FULFILLING LIFESTYLE IN AN ATMOSPHERE OF WARMTH, RESPECT AND UNDERSTANDING.

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Trantor Score

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

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $12,754,932

Investment Income $65,393

Other Revenue $24,175

TOTAL REVENUE $12,844,500

Expense Breakdown

Grants Paid $0

Salaries & Benefits $8,576,424

Fundraising Expenses $0

Program Expenses $10,648,961

Other Expenses $5,941,620

TOTAL EXPENSES $14,518,044

Year-over-Year Comparison

	2024	2023	Change
Revenue	$12,844,500	$16,851,295	-0.2%
Expenses	$14,518,044	$14,363,960	+0.0%
Net Income	$-1,673,544	$2,487,335	-1.7%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required

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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

Governance

Voting Members

Independent Members

Employees

197

Volunteers

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

$1,562,049

Total Directors

$600,345

Key Employees

$1,732,502

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
FRANCIS J GRADY	PRESIDENT & CLERK & CEO	1.00	Officer Director	$0	$68,094	$600,345
LINDA B CORRIDAN RN	CHAIRMAN	1.00	Officer Director	$0	$0	$0
TAMMY BRUNETTI	DIRECTOR	1.00	Director	$0	$0	$0
ANDREW R CALKINS	DIRECTOR	1.00	Director	$0	$0	$0
ALFRED A GRAY JR	DIRECTOR	1.00	Director	$0	$0	$0
REV JEROME J JANISKO	DIRECTOR	1.00	Director	$0	$0	$0
ERIK M JONES	DIRECTOR	1.00	Director	$0	$0	$0
ARTHUR MOURTZINOS MD	DIRECTOR	1.00	Director	$0	$0	$0
JAMES BRUCE RILEY CPA	DIRECTOR	1.00	Director	$0	$0	$0
CHRISTOPHER ROBBINS MA	DIRECTOR	1.00	Director	$0	$0	$0
PETER B ZAMPINE	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL O JENNINGS ESQ	DIRECTOR	1.00	Director	$0	$0	$0
PAUL KEMP	TREASURER & CFO	1.00	Officer	$0	$67,470	$480,922
THOMAS LAVALLEE	SECRETARY & COO	1.00	Officer	$0	$67,470	$480,782
MICHAEL DODOS	CONTROLLER	1.00	Key Emp	$0	$0	$298,086
DANIEL MITCHELL	DIRECTOR OF OPERATIONS	1.00	Key Emp	$0	$40,650	$273,680
MARY KILCOMMONS	DIRECTOR OF OPERATIONS	1.00	Key Emp	$0	$18,464	$244,407
ELAINE HANSEN	DIRECTOR OF CLINICAL SERVICES	1.00	Key Emp	$0	$30,618	$251,851
DORIS DAVILA	VICE PRESIDENT OF OPERATIONS	1.00	Key Emp	$0	$5,805	$219,531
WILLIAM FARINA	DIRECTOR OF REHABILITATION	1.00	Key Emp	$0	$43,553	$240,533
SEAN DOYLE	DIRECTOR OF HUMAN RESOURCES	1.00	Key Emp	$0	$17,782	$204,414
INNA MALKIEL	SLP	40.00	Highest	$128,286	$2,437	$130,723
JEAN PIVERGER	RN	53.00	Highest	$143,190	$2,864	$146,054
ESTHER ST JEAN	LPN	60.00	Highest	$151,109	$0	$151,109
MONIQUE DANIEL	RN	65.00	Highest	$182,258	$10,555	$192,813
ROBERT GRADY	ADMINISTRATOR	40.00	Highest	$184,088	$10,555	$194,643

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	$12,844,500	$14,518,044	$17,270,459	$-1,673,544
2023	$16,851,295	$14,363,960	$17,950,466	$2,487,335
2022	$13,331,759	$13,453,291	$16,068,494	$-121,532
2021	$13,319,734	$12,938,782	$17,238,136	$380,952
2020	$12,683,276	$12,627,176	$17,787,556	$56,100
2019	$13,050,222	$12,705,551	$17,313,139	$344,671
2018	$12,865,700	$12,228,330	$17,606,991	$637,370

ALLIANCE HEALTH OF SOUTHEASTERN MASSACHUSETTS INC