CHURCH HOMES INC CONGREGATIONAL (EIN 060763898) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1957

Legal Domicile

Principal Officer

WILLIAM THOMPSON

Phone

8605279126

Tax Period

2023-10-01 to 2024-09-30

CHURCH HOMES INC CONGREGATIONAL, founded in 1957, is a mid-sized nonprofit in the Human Services sector that reported $48.7M in total revenue in fiscal year 2023.

Mission

TO PROVIDE A FULL RANGE OF RESIDENTIAL LIVING AND HEALTH CARE SERVICES FOR OLDER ADULTS.

🔒

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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $280,032

Program Service Revenue $46,931,071

Investment Income $1,280,579

Other Revenue $250,823

TOTAL REVENUE $48,742,505

Expense Breakdown

Grants Paid $10,359

Salaries & Benefits $28,737,185

Fundraising Expenses $36,904

Program Expenses $43,965,267

Other Expenses $18,756,164

TOTAL EXPENSES $47,503,708

Year-over-Year Comparison

	2023	2022	Change
Revenue	$48,742,505	$45,348,056	+0.1%
Expenses	$47,503,708	$44,981,322	+0.1%
Net Income	$1,238,797	$366,734	+2.4%

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

Governance

Voting Members

Independent Members

Employees

494

Volunteers

132

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

$832,252

Total Directors

$613,697

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
PATRICK GILLAND CEO TILL 224	VICE CHAIRMAN	40.00	Officer Director	$306,016	$57,332	$363,348
WILLIAM THOMPSON	CEO/PRESIDENT (AS OF 2/2024)	40.00	Officer Director	$206,791	$43,558	$250,349
DAVID E CANUEL	CHAIRMAN	1.00	Officer Director	$0	$0	$0
THOMAS P KELLEY	VICE CHAIRMAN (LEFT 1/2024)	1.00	Officer Director	$0	$0	$0
LARRY C BROWN	DIRECTOR (LEFT 1/2024)	1.00	Director	$0	$0	$0
KENNETH H MCGOVERN	DIRECTOR	1.00	Director	$0	$0	$0
P WAYNE MOORE	DIRECTOR	1.00	Director	$0	$0	$0
MARGARET A GOLAS	DIRECTOR	1.00	Director	$0	$0	$0
MERCEDESE E LARGE	DIRECTOR	1.00	Director	$0	$0	$0
PETER B MATHEWS	DIRECTOR (LEFT 1/2024)	1.00	Director	$0	$0	$0
CYNTHIA W SHAHEN	DIRECTOR	1.00	Director	$0	$0	$0
JAMES FIDANZA	DIRECTOR (AS OF 1/2024)	1.00	Director	$0	$0	$0
CYNTHIA J MARTINEZ	DIRECTOR	1.00	Director	$0	$0	$0
MICHAEL LATINA	VP/ADMINISTRATOR (AS OF 1/2024)	40.00	Officer	$0	$0	$0
WILLIAM POND	VP/ADMINISTRATOR	40.00	Officer	$146,176	$26,557	$172,733
DOREEN BALDONI	CORPORATE SECRETARY	30.00	Officer	$42,232	$3,590	$45,822
ANNA LUKAS	NURSE MANAGER	40.00	Highest	$197,240	$39,544	$236,784
MARIA CECILIA MATHERLY	RN	40.00	Highest	$176,890	$17,619	$194,509
AUTUMN COCKROFT	DNS	40.00	Highest	$145,032	$23,200	$168,232
JESSICA BOARDMAN	ADNS / NURSE MGR	40.00	Highest	$140,598	$50,260	$190,858
BONITA GANIM	DNS	40.00	Highest	$134,782	$24,444	$159,226

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	$48,742,505	$47,503,708	$65,296,278	$1,238,797
2023	$45,348,056	$44,981,322	$61,929,850	$366,734
2022	$42,649,709	$42,535,743	$60,252,120	$113,966
2021	$47,094,677	$40,430,128	$66,814,716	$6,664,549
2020	$42,476,151	$42,676,054	$64,731,032	$-199,903
2019	$44,299,704	$42,795,344	$58,402,377	$1,504,360
2018	$42,684,725	$41,457,621	$57,765,674	$1,227,104

CHURCH HOMES INC CONGREGATIONAL