PENN YAN MANOR NURSING HOME INC

EIN: 160967993 501(c)(3) Health Care

PENN YAN, NY

Total Revenue
$4,440,676
Total Expenses
$4,634,865
Total Assets
$3,563,293
Net Assets
$3,126,461
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
NY
Principal Officer
GREG POWERS
Phone
3155362311
Tax Period
2023-01-01 to 2023-12-31

PENN YAN MANOR NURSING HOME INC, founded in 1969, is a community nonprofit in the Health Care sector that reported $4.4M in total revenue in fiscal year 2023. Revenue surged 25% from the prior year, signaling strong growth momentum.

Mission

TO PROVIDE NURSING HOME ACCOMMODATIONS FOR SICK, INVALID, INFIRMED, DISABLED, OR CONVALESCENT PERSONS, AND TO THIS END TO PLAN, CONSTRUCT, ERECT, BUILD, ACQUIRE, ALTER, RECONSTRUCT, REHABILITATE, OWN, MAINTAIN AND OPERATE A NURSING HOME PROJECT TO THE TERMS AND PROVISIONS OF THE PUBLIC HEALTH LAW OF THE STATE OF NY.

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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 $4,112,824
Investment Income $217,129
Other Revenue $110,723
TOTAL REVENUE $4,440,676

Expense Breakdown

Grants Paid $0
Salaries & Benefits $3,009,895
Fundraising Expenses $0
Program Expenses $4,070,503
Other Expenses $1,624,970
TOTAL EXPENSES $4,634,865

Year-over-Year Comparison

2023 2022 Change
Revenue $4,440,676 $3,539,866 +0.3%
Expenses $4,634,865 $4,191,893 +0.1%
Net Income $-194,189 $-652,027 -0.7%
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

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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
8
Employees
88
Volunteers
10

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
$135,614
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAUREN SNYDER VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
JEWEL GOODSELL DIRECTOR 1.00
Director
$0 $0 $0
KEVIN OLIVER SECRETARY 1.00
Officer Director
$0 $0 $0
RICHARD LENT PRESIDENT 1.00
Officer Director
$0 $0 $0
DIANE DELOOZA DIRECTOR 1.00
Director
$0 $0 $0
VIRGINIA TURNER TREASURER 1.00
Director
$0 $0 $0
TAYLOR FITCH DIRECTOR 1.00
Director
$0 $0 $0
JAMIE GOLDEN DIRECTOR 1.00
Director
$0 $0 $0
JAMES DELUCA ADMINISTRATOR/ CFO 40.00
Officer
$30,170 $0 $30,170
NASAR KHAN CEO 40.00
Officer
$73,133 $0 $73,133
GREG POWERS ADMINISTRATOR 40.00
Officer
$32,311 $0 $32,311
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 $4,440,676 $4,634,865 $3,563,293 $-194,189
2022 $3,539,866 $4,191,893 $3,559,459 $-652,027
2021 $3,957,801 $4,212,043 $4,647,463 $-254,242
2020 $4,136,394 $4,423,534 $4,718,995 $-287,140
2019 $3,901,861 $3,916,612 $4,621,511 $-14,751
2018 $4,132,710 $3,761,363 $4,153,915 $371,347
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