NAZARETH HOME OF THE FRANCISCAN SISTERS

EIN: 160813142 501(c)(3) Health Care

BUFFALO, NY

Total Revenue
N/A
Total Expenses
N/A
Total Assets
$2,959,751
Net Assets
$2,959,751
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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
1950
Legal Domicile
NY
Principal Officer
JOYCE MARKIEWICZ
Phone
7168282974
Tax Period
2023-01-01 to 2023-12-31

Mission

THE CATHOLIC HEALTH SYSTEM (CHS) MISSION IS TO PROVIDE QUALITY HEALTHCARE SERVICES IN A LONG TERM CARE SETTING. COMMITTED TO A COMMON MISSION, CHS PROVIDERS CONTINUE THE HEALING MINISTRY OF JESUS SEEKING TO IMPROVE THE HEALTH OF INDIVIDUALS AND COMMUNITIES. WE PROVIDE HIGH QUALITY SERVICE THAT HAS REVERENCE, COMPASSION, JUSTICE, AND EXCELLENCE. THE 2023 COMMUNITY SERVICE PLAN CAN BE FOUND AT HTTPS://WWW.CHSBUFFALO.ORG/ABOUT-US/COMMUNITY.

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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 $0
Investment Income $0
Other Revenue $0
TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0
Salaries & Benefits $0
Fundraising Expenses $0
Other Expenses $0
TOTAL EXPENSES $0

Year-over-Year Comparison

2023 2022 Change
Revenue N/A N/A N/A
Expenses N/A N/A N/A
Net Income N/A $0 N/A
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
14
Independent Members
9
Employees
N/A
Volunteers
N/A

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
11
$7,385,358
Total Directors
16
$3,636,750
Key Employees
3
$1,508,256
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK SULLIVAN PRESIDENT & CEO 0.00
Officer Director
$0 $104,188 $1,740,064
WALTER LUDWIG DIRECTOR 0.00
Director
$0 $61,647 $432,051
RUSSELL EDWARDS VP FINANCE/CORP.CONTROLLER 0.00
Director
$0 $20,105 $251,689
CHARLES URLAUB DIRECTOR 0.00
Director
$0 $75,182 $561,880
AARON CHANG PRESIDENT & CEO - SOC 0.00
Director
$0 $23,590 $288,921
THOMAS GLEASON PRESIDENT & CEO OF HCBC 0.00
Officer Director
$0 $53,293 $362,145
DOUGLAS BEAN DIRECTOR 0.00
Officer Director
$0 $0 $0
ANTHONY BURGIO DIRECTOR 0.00
Director
$0 $0 $0
ADAM DEAN DIRECTOR 0.00
Director
$0 $0 $0
CAROL HECKMAN ESQ DIRECTOR - CHAIR 0.00
Director
$0 $0 $0
SISTER MARCIA ANN FIUTKO DIRECTOR 0.00
Director
$0 $0 $0
NELSON J GRIMM PHD DIRECTOR 0.00
Director
$0 $0 $0
EMILY H JERGE MS RN CHSE DIRECTOR 0.00
Director
$0 $0 $0
TONI MURPHY DO DIRECTOR 0.00
Director
$0 $0 $0
MONSIGNOR ROBERT E ZAPFEL DIRECTOR - VICE CHAIR 0.00
Director
$0 $0 $0
ALEXIS AGNELLO DIRECTOR 0.00
Director
$0 $0 $0
JOYCE MARKIEWICZ CHIEF BUSINESS DEVELOPMENT OFFICE, PRESIDENT & CEO 0.00
Officer
$0 $81,890 $1,168,362
DAVID MACHOLZ CHIEF FINANCE OFFICER 0.00
Officer
$0 $80,342 $752,385
DR MICHAEL GALANG SENIOR VP, CHIEF INFORMATION OFFICER 0.00
Officer
$0 $72,873 $586,616
HANS CASSAGNOL EXECUTIVE VP, CHIEF PHYSICIAN OFFICER 0.00
Officer
$0 $62,247 $718,041
WILLIAM PRYOR EXECUTIVE VP, CHIEF ADMIN. OFFICER 0.00
Officer
$0 $68,469 $592,564
BARTHOLOMEW RODRIGUES CHIEF MISSION OFFICER 0.00
Officer
$0 $62,942 $340,300
JAMES M GARVEY EXECUTIVE VP, CHIEF OPERATING OFFICER 0.00
Officer
$0 $66,683 $840,358
REBECCA MCCORMICK BOYLE CHIEF INTEGRATION OFFICER 0.00
Officer
$0 $27,612 $284,523
LEONARDO SETTE-CAMARA GENERAL COUNSEL - SECRETARY 0.00
Key Emp
$0 $46,568 $387,036
LISA CILANO SENIOR VP, RMC & BUSINESS ADVISORY 0.00
Key Emp
$0 $114,286 $467,152
MARTIN BORYAZAK SENIOR VP OF ACUTE CARE & PRESIDENT OF MHB 0.00
Key Emp
$0 $56,537 $654,068
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 No data No data $2,959,751 No data
2022 No data No data $2,959,739 No data
2021 No data No data $2,952,176 No data
2020 No data No data $2,952,173 No data
2019 No data No data $2,952,018 No data
2018 No data No data $2,951,770 No data
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