NEW YORK STATE HEALTH FACILITIES ASSOCIATION INC (EIN 160970663) - Form 990 Financial Analysis & Trantor Score

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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

1949

Legal Domicile

Principal Officer

STEPHEN B HANSE

Phone

5184624800

Tax Period

2024-01-01 to 2024-12-31

NEW YORK STATE HEALTH FACILITIES ASSOCIATION INC, founded in 1949, is a community nonprofit that reported $4.3M in total revenue in fiscal year 2024. The organization ran a surplus of $752K, a strong 17% operating margin.

Mission

TO PROMOTE, SUPPORT AND ASSIST A MEMBERSHIP BASE OF LICENSED NURSING FACILITIES AND ASSISTED LIVING FACILITIES THROUGH EDUCATIONAL SEMINARS, TRADE SHOWS AND MEDIA CAMPAIGNS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $3,224,952

Investment Income $297,869

Other Revenue $782,087

TOTAL REVENUE $4,304,908

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,417,705

Fundraising Expenses $0

Other Expenses $1,135,412

TOTAL EXPENSES $3,553,117

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,304,908	$4,279,248	+0.0%
Expenses	$3,553,117	$3,255,983	+0.1%
Net Income	$751,791	$1,023,265	-0.3%

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

Governance

Voting Members

Independent Members

Employees

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

$525,858

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GERRY ALBERS	DIRECTOR	1.00	Director	$0	$0	$0
SHALOM BRAUNSTEIN	DIRECTOR	1.00	Director	$0	$0	$0
JOSEPH CARILLO	DIRECTOR	1.00	Director	$0	$0	$0
GREGORY CHAMBERY	DIRECTOR	1.00	Director	$0	$0	$0
KATHRYN COSTELLO	DIRECTOR	1.00	Director	$0	$0	$0
MARY ANN MANGLES	DIRECTOR	1.00	Director	$0	$0	$0
SARAH PAPARELLA	DIRECTOR	1.00	Director	$0	$0	$0
SIMON PELMAN	DIRECTOR	1.00	Director	$0	$0	$0
ROBERT RUBENS	DIRECTOR	1.00	Director	$0	$0	$0
DOUGLAS WISSMANN	DIRECTOR	1.00	Director	$0	$0	$0
JOY WOOD	DIRECTOR	1.00	Director	$0	$0	$0
JENNIFER CARPENTIERI	CHAIRPERSON	1.00	Officer Director	$0	$0	$0
MARK OLSEN	VICE-CHAIRPERSON	1.00	Officer Director	$0	$0	$0
PASQUALE DEBENEDICTIS	SECRETARY/TREASURER	1.00	Officer Director	$0	$0	$0
STEPHEN HANSE	PRESIDENT/CEO	35.00	Officer	$452,850	$73,008	$525,858
KRISTIN DEVRIES	DIRECTOR OF GOVERNMENT REL	35.00	Highest	$126,935	$32,412	$159,347
CHRISTINA AUDI	EXECUTIVE DIRECTOR, NYSCAL	35.00	Highest	$118,051	$18,961	$137,012
LISA VOLK	DIRECTOR, CLINICAL AND QUA	35.00	Highest	$155,296	$38,523	$193,819
LAURIE ROBERTSON	DIRECTOR OF ADMINISTRATION	35.00	Highest	$123,092	$32,220	$155,312
TARRAH QUINLAN	DIR/EDUCATION $ DEVELOPMEN	35.00	Highest	$137,715	$32,951	$170,666

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	$4,304,908	$3,553,117	$12,656,374	$751,791
2023	$4,279,248	$3,255,983	$12,103,435	$1,023,265
2021	$4,051,061	$3,073,093	$9,223,784	$977,968
2020	$3,817,267	$3,042,545	$8,404,817	$774,722
2019	$3,602,675	$3,267,002	$7,859,047	$335,673
2018	$3,756,071	$3,161,745	$7,767,808	$594,326

NEW YORK STATE HEALTH FACILITIES ASSOCIATION INC