WILLOW TOWERS INC

EIN: 134097985 501(c)(3) Housing & Shelter

NEW ROCHELLE, NY

Total Revenue
$13,881,187
Total Expenses
$15,000,539
Total Assets
$21,486,172
Net Assets
$4,072,941
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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
1999
Legal Domicile
NY
Principal Officer
RITA C MABLI
Phone
9146322804
Tax Period
2023-01-01 to 2023-12-31

WILLOW TOWERS INC, founded in 1999, is a mid-sized nonprofit in the Housing & Shelter sector that reported $13.9M in total revenue in fiscal year 2023.

Mission

ENABLING AND ENRICHING THE LIVES OF SENIORS THROUGH COMMITTED AND DEDICATED CARE AND QUALITY SERVICE.

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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 $0
Program Service Revenue $13,829,194
Investment Income $43,828
Other Revenue $8,165
TOTAL REVENUE $13,881,187

Expense Breakdown

Grants Paid $0
Salaries & Benefits $8,847,690
Fundraising Expenses $0
Program Expenses $12,122,435
Other Expenses $6,152,849
TOTAL EXPENSES $15,000,539

Year-over-Year Comparison

2023 2022 Change
Revenue $13,881,187 $13,199,137 +0.1%
Expenses $15,000,539 $13,891,754 +0.1%
Net Income $-1,119,352 $-692,617 +0.6%
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

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Governance

Voting Members
8
Independent Members
7
Employees
168
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
6
$1,650,711
Total Directors
7
$1,244,354
Key Employees
3
$968,857
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
RITA C MABLI PRESIDENT & CEO 0.50
Officer Director
$0 $97,098 $1,244,354
MALCOLM H LAZARUS CHAIRMAN 0.50
Officer Director
$0 $0 $0
MARK A HARTMAN VICE CHAIRMAN 0.50
Officer Director
$0 $0 $0
ROSEMARY MCLAUGHLIN SECRETARY/TREASURER 0.50
Officer Director
$0 $0 $0
JAMES STAUDT DIRECTOR 0.50
Officer Director
$0 $0 $0
ANTHONY NARDOZZI DIRECTOR 0.50
Director
$0 $0 $0
DONALD DUBERSTEIN DIRECTOR 0.50
Director
$0 $0 $0
CHRISTINA L VILLANUEVA CFO 0.50
Officer
$0 $55,134 $406,357
NORA O'BRIEN EXECUTIVE DIRECTOR 37.50
Key Emp
$331,974 $51,820 $383,794
GRACE FERRI VP OF MARKETING 37.50
Key Emp
$342,734 $37,236 $379,970
DAVID MEZZAUCELLA DIRECTOR OF FACILITIES 37.50
Key Emp
$157,153 $47,940 $205,093
MARY SARQUAH LICENSED PRACTICE NURSE 37.50
Highest
$199,221 $18,325 $217,546
JANICE CHANCE LICENSED PRACTICE NURSE 37.50
Highest
$118,204 $17,379 $135,583
SABINA M LAMPTEY LICENSED PRACTICE NURSE 37.50
Highest
$180,858 $2,116 $182,974
SARAH SANCHEZ LICENSED PRACTICE NURSE 37.50
Highest
$128,824 $1,507 $130,331
ADEJOKE ADENIYI LICENSED PRACTICE NURSE 37.50
Highest
$130,875 $1,531 $132,406
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 $13,881,187 $15,000,539 $21,486,172 $-1,119,352
2022 $13,199,137 $13,891,754 $22,966,680 $-692,617
2021 $12,992,542 $12,210,876 $24,469,264 $781,666
2020 $11,404,379 $12,425,763 $25,008,091 $-1,021,384
2019 $12,208,304 $11,986,492 $26,646,937 $221,812
2018 $12,017,065 $11,904,910 $27,355,901 $112,155
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