GOOD SHEPHERD-FAIRVIEW FOUNDATION INC

EIN: 133386383 501(c)(3)

BINGHAMTON, NY

Total Revenue
$450,751
Total Expenses
$601,087
Total Assets
$1,354,830
Net Assets
$857,252
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
NY
Principal Officer
JASON SANTIAGO
Phone
6077242477
Tax Period
2024-01-01 to 2024-12-31

GOOD SHEPHERD-FAIRVIEW FOUNDATION INC, founded in 1986, is a small nonprofit that reported $451K in total revenue in fiscal year 2024. Revenue surged 147% from the prior year, signaling strong growth momentum. Expenses of $601K exceeded revenue, resulting in a 33% operating deficit.

Mission

THE GOOD SHEPHERD-FAIRVIEW FOUNDATION, INC. IS A NOT-FOR-PROFIT CORPORATION AFFILIATED WITH FGS, INC., GOOD SHEPHERD VILLAGE AT ENDWELL, INC., GOOD SHEPHERD-FAIRVIEW HOME, INC., CHASE MEMORIAL NURSING HOME COMPANY, INC., CHASE MEMORIAL COMMUNITY CENTER, AND CHASE HOUSING CORPORATION. THE FOUNDATION PROVIDES FINANCIAL SUPPORT TO GOOD SHEPHERD-FAIRVIEW HOME FOR ADULT CARE FACILITY RESIDENTS WITH LIMITED FINANCIAL RESOURCES. THIS IS DONE THROUGH A YEARLY FUNDRAISING CAMPAIGN CALLED THE LIVING CARE FUND. THIS CAMPAIGN INCLUDES GIFTS TO THE ANNUAL LIVING CARE FUND AND TO THE LIVING CARE FUND ENDOWMENT. THE FOUNDATION ALSO ALLOCATES FUNDS FOR GRANTS TO THE HOME FOR VARIOUS CAPITAL EXPENDITURES, RESIDENT WELLNESS PROGRAMS, STAFF EDUCATION/TRAINING, AND EMPLOYEE SCHOLARSHIP/TUITION PROGRAMS. IN ADDITION, THE FOUNDATION OFFERS SCHOLARSHIPS TO AREA STUDENTS ENROLLED IN HEALTHCARE CURRICULUMS AT LOCAL COLLEGES. IT PROVIDES COMMUNITY GRANTS TO ORGANIZATIONS AS SEED MONEY FOR NEW PROGRAMS

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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%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $345,774
Program Service Revenue $0
Investment Income $76,686
Other Revenue $28,291
TOTAL REVENUE $450,751

Expense Breakdown

Grants Paid $451,742
Salaries & Benefits $0
Fundraising Expenses $45
Program Expenses $470,167
Other Expenses $149,345
TOTAL EXPENSES $601,087

Year-over-Year Comparison

2024 2023 Change
Revenue $450,751 $182,445 +1.5%
Expenses $601,087 $388,399 +0.5%
Net Income $-150,336 $-205,954 -0.3%
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

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Liquidity & Cash Position

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Governance

Voting Members
13
Independent Members
12
Employees
N/A
Volunteers
12

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
7
$716,340
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RICK ALLABAUGH CHAIR 0.25
Officer Director
$0 $0 $0
KATHLEEN BUNNELL DIRECTOR 0.25
Director
$0 $0 $0
BOB ASH DIRECTOR 0.25
Director
$0 $0 $0
ERIC WEBSTER VICE CHAIR 0.25
Officer Director
$0 $0 $0
TIMOTHY HYLE DIRECTOR 0.25
Director
$0 $0 $0
DAWN LANOUETTE DIRECTOR 0.25
Director
$0 $0 $0
MARY ROONEY DIRECTOR 0.25
Director
$0 $0 $0
BOB KELLER SECRETARY 0.25
Officer Director
$0 $0 $0
KYLE SEVEY TREASURER 0.25
Officer Director
$0 $0 $0
BRIDGET TALBUT DIRECTOR 0.25
Director
$0 $0 $0
JOANN NAVARRO DIRECTOR 0.25
Director
$0 $0 $0
PETER LENNON DIRECTOR 0.25
Director
$0 $0 $0
JASON SANTIAGO CEO (FROM 8/1/23) 8.00
Officer
$0 $29,359 $404,025
ULYSSES S ARNOLD II CFO 8.00
Officer
$0 $19,303 $211,316
MARY WASSEL COO 8.00
Officer
$0 $15,250 $100,999
MICHAEL KEENAN FORMER CEO (THROUGH 7/31/23) 0.00
$0 $490 $188,255
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 $450,751 $601,087 $1,354,830 $-150,336
2023 $182,445 $388,399 $1,262,452 $-205,954
2022 $129,279 $465,075 $1,222,218 $-335,796
2021 $429,922 $451,489 $1,821,532 $-21,567
2020 $344,625 $524,468 $1,791,175 $-179,843
2019 $512,659 $748,283 $2,162,303 $-235,624
2018 $551,039 $745,665 $1,918,860 $-194,626
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