PARK RIDGE NURSING HOME INC DBA PARK RIDGE LIVING CENTER

EIN: 160978184 501(c)(3)

ROCHESTER, NY

Total Revenue
$25,113,424
Total Expenses
$21,304,349
Total Assets
$28,043,331
Net Assets
$7,586,367
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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
1969
Legal Domicile
NY
Principal Officer
DR RICHARD DAVIS
Phone
5859221595
Tax Period
2023-01-01 to 2023-12-31

PARK RIDGE NURSING HOME INC DBA PARK RIDGE LIVING CENTER, founded in 1969, is a mid-sized nonprofit that reported $25.1M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. The organization ran a surplus of $3.8M, a strong 15% operating margin.

Mission

AN AFFIILIATE OF THE SYSTEM AND THE CENTER OF AGING AND CONTINUING CARE SERVICES, PARK RIDGE NURSING HOME (D.B.A PARK RIDGE LIVING CENTER) IS DEDICATED TO PROVIDING QUALITY CARE, INDEPENDENCE AND A POSITIVE LIVING EXPERIENCE FOR THE PATIENTS AND RESIDENTS IN OUR FACILITY. THE MISSION IS ACHIEVED THROUGH THE CORE VALUES OF THE SYSTEM WHICH INCLUDE PEOPLE, EXCELLENCE, LEARNING AND RESULTS.

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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 $2,803,491
Program Service Revenue $22,263,180
Investment Income $125
Other Revenue $46,628
TOTAL REVENUE $25,113,424

Expense Breakdown

Grants Paid $0
Salaries & Benefits $14,796,297
Fundraising Expenses $0
Program Expenses $19,754,727
Other Expenses $6,508,052
TOTAL EXPENSES $21,304,349

Year-over-Year Comparison

2023 2022 Change
Revenue $25,113,424 $21,799,405 +0.2%
Expenses $21,304,349 $20,795,761 +0.0%
Net Income $3,809,075 $1,003,644 +2.8%
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
10
Independent Members
8
Employees
473
Volunteers
14

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
$8,132,701
Total Directors
10
$3,800,238
Key Employees
0
$0
Highest Compensated
5
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 TREASURER 1.00
Officer Director
$0 $0 $0
DANIEL MEYERS SECRETARY 1.00
Officer Director
$0 $0 $0
RICHARD DAVIS PHD CEO 1.00
Officer Director
$56,040 $54,879 $3,137,087
ELIZABETH PATTON PHD DIRECTOR 1.00
Director
$0 $0 $0
RALPH DESTEPHANO DIRECTOR 1.00
Director
$0 $0 $0
ERIKA GREEN DIRECTOR 1.00
Director
$0 $0 $0
DR RICHARD MACHEMER DIRECTOR 1.00
Director
$0 $0 $0
MANUEL MATOS MD DIRECTOR 1.00
Director
$0 $146,102 $663,151
JAMES NORMAN DIRECTOR 1.00
Director
$0 $0 $0
THOMAS CRILLY CFO 1.00
Officer
$25,899 $154,600 $1,579,020
HUGH THOMAS CAO 0.00
Officer
$0 $9,101 $1,739,491
CHRISTIAN CASINI ASSISTANT SECRETARY 0.00
Officer
$0 $34,153 $371,721
JENNIFER ESLINGER COO 1.00
Officer
$23,528 $11,368 $1,305,382
DAN MORPHET ADMINISTRATOR, NHA 40.00
Highest
$161,582 $21,864 $183,446
NATASHA JACKSON DIRECTOR, NURSING 40.00
Highest
$170,106 $18,945 $189,051
KRISTI RATHBUN LPN 40.00
Highest
$134,166 $33,346 $167,512
KETURAH DOYLE LPN 40.00
Highest
$128,602 $0 $128,602
CHARLOTTE HOLMES OFF-SHIFT DIRECTOR 40.00
Highest
$176,915 $0 $176,915
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 $25,113,424 $21,304,349 $28,043,331 $3,809,075
2022 $21,799,405 $20,795,761 $24,816,859 $1,003,644
2021 $21,772,401 $22,145,743 $25,914,480 $-373,342
2020 $21,380,437 $21,265,652 $26,980,085 $114,785
2019 $27,407,280 $27,127,899 $26,195,654 $279,381
2018 $29,026,971 $28,766,655 $27,789,120 $260,316
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