CATHARINE FIELD HOME

EIN: 133937652 501(c)(3) Health Care

CORTLANDT MANOR, NY

Total Revenue
$4,611,278
Total Expenses
$2,266,823
Total Assets
$404,679
Net Assets
$342,491
🔒

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
1995
Legal Domicile
NY
Principal Officer
JOHN R AHEARN
Phone
9147392244
Tax Period
2018-01-01 to 2018-12-31

CATHARINE FIELD HOME, founded in 1995, is a community nonprofit in the Health Care sector that reported $4.6M in total revenue in fiscal year 2018. Revenue fell 32% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $2.3M, a strong 51% operating margin.

Mission

CATHARINE FIELD HOME ("CFH") PROVIDED A COMFORTABLE RESIDENCE FOR ELDERLY PERSONS WHO CHOOSE OR REQUIRE AN ASSISTED LIVING ENVIRONMENT WITH A CONGENIAL, DYNAMIC COMMUNITY. SIMILARLY, CFH PROVIDED CARE AND SERVICES FOR PERSONS WITH DEMENTIA WHO WERE IN RELATIVELY GOOD PHYSICAL HEALTH BUT NEEDED A SPECIALLY DESIGNED AND SUPPORTIVE RESIDENCE.

Program Service Accomplishments

Program 1
Expenses: $1,312,520 Revenue: $1,718,428

THE ORGANIZATION WAS A LUXURIOUS 80-APARTMENT RESIDENCE OFFERING EXCEPTIONAL LICENSED ASSISTED LIVING ACCOMMODATIONS FOR THOSE SEEKING AN INDEPENDENT AND CARE-FREE LIFESTYLE. THE ASSISTED LIVING...

Read more

THE ORGANIZATION WAS A LUXURIOUS 80-APARTMENT RESIDENCE OFFERING EXCEPTIONAL LICENSED ASSISTED LIVING ACCOMMODATIONS FOR THOSE SEEKING AN INDEPENDENT AND CARE-FREE LIFESTYLE. THE ASSISTED LIVING RESIDENCE OFFERED THE VERY BEST IN CARE AND AMENITIES THAT YOU WOULD EXPECT TO FIND AT A FIRST CLASS FACILITY INCLUDING GOURMET DINING, A FITNESS PROGRAM, FREE TRANSPORTATION, SOCIAL ACTIVITIES AND WEEKLY LIVE ENTERTAINMENT AS WELL AS HOUSEKEEPING AND LAUNDRY. THE ORGANIZATION'S MEMORY SUPPORT RESIDENCE WAS A COMPLETELY SEPARATE COMMUNITY THAT PROVIDES A SAFE AND ENRICHING ENVIRONMENT FOR THOSE WITH EARLY TO MID-STAGE ALZHEIMER'S DISEASE OR DEMENTIA. THESE STATE-OF-THE-ART DESIGNED ACCOMMODATIONS ALLOWED RESIDENTS TO MAINTAIN THEIR INDEPENDENCE AND FREEDOM WITHIN A SAFE AND SECURE ENVIRONMENT. A COMPLETELY ENCLOSED WANDERING GARDEN PROVIDED A SAFE AND BEAUTIFUL OUTDOOR PARK SETTING FOR RESIDENTS TO ENJOY. RESPITE WAS ALSO AVAILABLE.

🔒

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 (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,718,428
Investment Income $2,661,280
Other Revenue $231,570
TOTAL REVENUE $4,611,278

Expense Breakdown

Grants Paid $0
Salaries & Benefits $635,233
Fundraising Expenses $0
Program Expenses $1,312,520
Other Expenses $1,631,590
TOTAL EXPENSES $2,266,823

Year-over-Year Comparison

2018 2017 Change
Revenue $4,611,278 $6,813,133 -0.3%
Expenses $2,266,823 $6,711,362 -0.7%
Net Income $2,344,455 $101,771 +22.0%
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
4
Independent Members
3
Employees
66
Volunteers
7

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
5
$672,717
Total Directors
7
$672,717
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JEFFREY SWEET PRESIDENT 3.00
Officer Director
$0 $0 $0
IAN D SMITH TREASURER 3.00
Officer Director
$0 $0 $0
FIELD HORNE SECRETARY 3.00
Officer Director
$0 $0 $0
GLORIA MONTENERO SECRETARY (THRU 04/2018) 3.00
Officer Director
$0 $0 $0
JOHN R AHEARN TRUSTEE/CEO 3.00
Officer Director
$0 $57,176 $672,717
GERALDINE L KEARSE TRUSTEE (THRU 04/2018) 3.00
Director
$0 $0 $0
ALISON MAZZONI TRUSTEE (THRU 04/2018) 3.00
Director
$0 $0 $0
DIANA PENNA ADMINISTRATOR THRU APRIL 2018 35.00
Highest
$260,504 $15,733 $276,237
ROSANNA NARDONE DIRECTOR OF FINANCE 5.00
Highest
$0 $45,840 $203,136
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
2018 $4,611,278 $2,266,823 $404,679 $2,344,455
Explore More Nonprofits
Top 100 Nonprofits in New York Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CATHARINE FIELD HOME with other nonprofits in New York and across the country.