GENESEE REGION HOME CARE ASSOCIATION INC (EIN 160844109) - Form 990 Financial Analysis & Trantor Score

🔒

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

Financial Trends

Organization Details

Formation Year

1960

Legal Domicile

Principal Officer

DR RICHARD DAVIS

Phone

5852141000

Tax Period

2024-01-01 to 2024-12-31

GENESEE REGION HOME CARE ASSOCIATION INC, founded in 1960, is a mid-sized nonprofit in the Health Care sector that reported $84.2M in total revenue in fiscal year 2024.

Mission

TO DELIVER COMPASSIONATE, PERSONALIZED CARE TO ADULTS AND CHILDREN WHO ARE ILL, INJURED, DYING, OR GRIEVING.

🔒

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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $84,240,828

Investment Income $0

Other Revenue $6,422

TOTAL REVENUE $84,247,250

Expense Breakdown

Grants Paid $0

Salaries & Benefits $62,387,581

Fundraising Expenses $0

Program Expenses $82,551,883

Other Expenses $25,258,733

TOTAL EXPENSES $87,646,314

Year-over-Year Comparison

	2024	2023	Change
Revenue	$84,247,250	$84,862,211	0.0%
Expenses	$87,646,314	$83,981,039	+0.0%
Net Income	$-3,399,064	$881,172	-4.9%

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

Governance

Voting Members

Independent Members

Employees

778

Volunteers

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

$8,280,426

Total Directors

$4,628,820

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CHARLES H HANK STUART	CHAIR OF THE BOARD	1.00	Officer Director	$0	$0	$0
MARILYN DOLLINGER	VICE CHAIR	1.00	Officer Director	$0	$0	$0
DR RICHARD MACHEMER	TREASURER	1.00	Officer Director	$0	$0	$0
DANIEL MEYERS	SECRETARY	1.00	Officer Director	$0	$0	$0
RICHARD DAVIS PHD	CEO	3.00	Officer Director	$215,467	$62,774	$4,013,007
RALPH DESTEPHANO	DIRECTOR	1.00	Director	$0	$0	$0
ERIKA IVERY	DIRECTOR	1.00	Director	$0	$0	$0
MANUEL MATOS MD	DIRECTOR	1.00	Director	$0	$87,236	$615,813
JAMES NORMAN	DIRECTOR	1.00	Director	$0	$0	$0
ELIZABETH PATTON PHD	DIRECTOR	1.00	Director	$0	$0	$0
CORINDA REAVES	DIRECTOR	1.00	Director	$0	$0	$0
THOMAS CRILLY	CFO	3.00	Officer	$88,991	$84,624	$1,716,134
CHRISTIAN CASINI	ASSISTANT SECRETARY	0.00	Officer	$0	$34,369	$419,490
CHARLES WHIPPLE	GENERAL COUNSEL	0.00	Officer	$0	$6,011	$583,406
JENNIFER ESLINGER	COO	3.00	Officer	$82,247	$40,525	$1,548,389
DAVID WASTOWICZ	MANAGER, PHARMACY	40.00	Highest	$192,433	$10,707	$203,140
PHILENE CROMWELL	DIRECTOR, HOSPICE	40.00	Highest	$163,213	$9,685	$172,898
TONI MCGHAN	DIRECTOR OF PATIENT SERVIC	40.00	Highest	$179,663	$12,035	$191,698
JAMES RAPP	PHARMACIST, CLINICAL	40.00	Highest	$160,473	$7,713	$168,186
MARY BELL	RN	40.00	Highest	$204,665	$5,762	$210,427
HUGH THOMAS	FORMER CAO	0.00		$0	$0	$1,082,559

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	$84,247,250	$87,646,314	$56,624,358	$-3,399,064
2023	$84,862,211	$83,981,039	$60,577,153	$881,172
2022	$86,346,817	$84,345,042	$60,948,010	$2,001,775
2021	$88,633,237	$84,633,392	$62,523,238	$3,999,845
2020	$87,359,374	$86,615,389	$58,205,698	$743,985
2019	$86,759,784	$91,677,539	$49,693,701	$-4,917,755
2018	$91,594,434	$88,091,414	$58,098,801	$3,503,020

GENESEE REGION HOME CARE ASSOCIATION INC