FRIENDS OF ST DOMINIC'S INC

EIN: 133945769 501(c)(3) Health Care

BLAUVELT, NY

Total Revenue
$1,653,516
Total Expenses
$1,095,528
Total Assets
$21,687,240
Net Assets
$21,572,013
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
NY
Principal Officer
BRIAN FINNERAN
Phone
8453593400
Tax Period
2023-01-01 to 2023-12-31

FRIENDS OF ST DOMINIC'S INC, founded in 1996, is a community nonprofit in the Health Care sector that reported $1.7M in total revenue in fiscal year 2023. Revenue fell 23% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $558K, a strong 34% operating margin.

Mission

THE PURPOSE IS TO PROVIDE FINANCIAL ASSISTANCE AND AID FOR THE BENEFIT OF AND IN CONNECTION WITH THE WORK OF ST. DOMINIC'S FAMILY SERVICES, INC.

Program Service Accomplishments

Program 1
Expenses: $500,000

AIDED ST. DOMINIC'S FAMILY SERVICES (NOT-FOR-PROFIT) IN CARRYING OUT IT'S EXEMPT PURPOSE. SOLICITED AND ADMINISTERED FUNDS, GRANTS-IN-AIDS, DONATIONS ON BEHALF OF ST. DOMINIC'S FAMILY SERVICES.THE...

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AIDED ST. DOMINIC'S FAMILY SERVICES (NOT-FOR-PROFIT) IN CARRYING OUT IT'S EXEMPT PURPOSE. SOLICITED AND ADMINISTERED FUNDS, GRANTS-IN-AIDS, DONATIONS ON BEHALF OF ST. DOMINIC'S FAMILY SERVICES.THE FUNDS WERE USED TO SUPPLEMENT SERVICES FOR INDIVIDUALS WITH DISABILITIES IN ORDER TO ENHANCE QUALITY OF LIFE AND PROVIDE FUNDING FOR NECESSARY PROGRAMS WITH BUDGET SHORTFALLS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $1,329,470
Program Service Revenue $0
Investment Income $324,046
Other Revenue $0
TOTAL REVENUE $1,653,516

Expense Breakdown

Grants Paid $500,000
Salaries & Benefits $268,061
Fundraising Expenses $297,972
Program Expenses $500,000
Other Expenses $327,467
TOTAL EXPENSES $1,095,528

Year-over-Year Comparison

2023 2022 Change
Revenue $1,653,516 $2,134,484 -0.2%
Expenses $1,095,528 $1,128,775 0.0%
Net Income $557,988 $1,005,709 -0.4%
Key Indicators
✓ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
21
Independent Members
20
Employees
N/A
Volunteers
20

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
$178,186
Total Directors
21
$178,186
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
DAVID T MEDBERG CHAIRMAN OF THE BOARD 1.00
Officer Director
$0 $0 $0
RONALD J SYLVESTRI VICE-CHAIRMAN OF THE BOARD 1.00
Officer Director
$0 $0 $0
GINA M ADDEO BOARD MEMBER 1.00
Director
$0 $0 $0
SISTER JOAN AGRO OP BOARD MEMBER 1.00
Director
$0 $0 $0
STEVEN ALESSIO BOARD MEMBER 1.00
Director
$0 $0 $0
SISTER MARY FLOOD OP BOARD MEMBER 1.00
Director
$0 $0 $0
THOMAS KOKALAS ESQ BOARD MEMBER 1.00
Director
$0 $0 $0
DAWN DONAGHY BOARD MEMBER 1.00
Director
$0 $0 $0
ANTHONY IANDOLI BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN O'HARE BOARD MEMBER 1.00
Director
$0 $0 $0
SISTER ELLENRITA PURCARO SECRETARY 1.00
Officer Director
$0 $0 $0
PAUL ROWLEY BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT ISRAEL BOARD MEMBER 1.00
Director
$0 $0 $0
ALBERT J SAMILENKO BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM L SCANLON BOARD MEMBER 1.00
Director
$0 $0 $0
ANTHONY SCHIRRIPA BOARD MEMBER 1.00
Director
$0 $0 $0
PAUL SHIELDS BOARD MEMBER 1.00
Director
$0 $0 $0
EUGENE P WHITE BOARD MEMBER 1.00
Director
$0 $0 $0
JOHN T WHITE TREASURER 1.00
Officer Director
$0 $0 $0
BRIAN M FINNERAN PRESIDENT 30.00
Officer Director
$178,186 $0 $178,186
KELLY MERINO BOARD MEMBER 1.00
Director
$0 $0 $0
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 $1,653,516 $1,095,528 $21,687,240 $557,988
2022 $2,134,484 $1,128,775 $17,621,291 $1,005,709
2021 $1,556,162 $1,318,109 $21,074,008 $238,053
2020 $1,179,285 $863,692 $18,974,241 $315,593
2019 $1,608,566 $924,257 $15,300,664 $684,309
2018 $668,027 $1,008,071 $11,857,488 $-340,044
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