THE MEADOWS AT WESTFALL INC

EIN: 161502303 501(c)(3) Health Care

ROCHESTER, NY

Total Revenue
$17,643,619
Total Expenses
$26,441,475
Total Assets
$11,140,562
Net Assets
$-7,321,948
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
NY
Principal Officer
CARRIE FULLER-SPENCER
Phone
5854427960
Tax Period
2023-01-01 to 2023-12-31

THE MEADOWS AT WESTFALL INC, founded in 1996, is a mid-sized nonprofit in the Health Care sector that reported $17.6M in total revenue in fiscal year 2023. Expenses of $26.4M exceeded revenue, resulting in a 50% operating deficit.

Mission

TO PROVIDE A CARING, COMPASSIONATE AND QUALITY-FOCUSED LIVING ENVIRONMENT IN A 145 BED SKILLED-NURSING FACILITY.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $665,932
Program Service Revenue $16,945,100
Investment Income $1,518
Other Revenue $31,069
TOTAL REVENUE $17,643,619

Expense Breakdown

Grants Paid $0
Salaries & Benefits $17,067,332
Fundraising Expenses $0
Program Expenses $24,658,776
Other Expenses $9,374,143
TOTAL EXPENSES $26,441,475

Year-over-Year Comparison

2023 2022 Change
Revenue $17,643,619 $16,669,111 +0.1%
Expenses $26,441,475 $25,057,640 +0.1%
Net Income $-8,797,856 $-8,388,529 +0.0%
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

Sign In

Governance

Voting Members
8
Independent Members
6
Employees
420
Volunteers
6

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
3
$2,521,687
Total Directors
8
$571,675
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL P RIORDAN BOARD CHAIR 1.00
Officer Director
$0 $0 $0
ELIZABETH GARRETT BOARD MEMBER 1.00
Director
$0 $0 $0
WILLIAM J HALL MD BOARD MEMBER 1.00
Director
$0 $321 $321
ROBERT LATELLA BOARD MEMBER 1.00
Director
$0 $0 $0
ROBBIE MAGEE BOARD MEMBER 1.00
Director
$0 $0 $0
GERALD VAN STRYDONK BOARD MEMBER 1.00
Director
$0 $0 $0
ROBERT MCCANN MD BOARD MEMBER 1.00
Director
$0 $69,444 $571,354
VALERIE C BENJAMIN BOARD MEMBER 1.00
Director
$0 $0 $0
STEVEN I GOLDSTEIN PRESIDENT 1.00
Officer
$0 $214,557 $1,848,105
CARRIE FULLER-SPENCER ASSOCIATE VP AND CFO 1.00
Officer
$0 $90,963 $673,582
WALT WINIARCZYK ADMINISTRATOR 45.00
Highest
$180,639 $18,968 $199,607
ANDREA GAYLE RN 40.00
Highest
$207,716 $0 $207,716
YOLANDA CONCEPCION LPN 40.00
Highest
$133,356 $0 $133,356
CHRISTOPHER DONEGAN DIRECTOR OF PHYSICAL THERAPY 40.00
Highest
$142,350 $25,296 $167,646
PETRINA WISE PROGRAM COORDINATOR 40.00
Highest
$124,000 $17,944 $141,944
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 $17,643,619 $26,441,475 $11,140,562 $-8,797,856
2022 $16,669,111 $25,057,640 $11,795,808 $-8,388,529
2021 $16,862,325 $23,430,912 $12,602,900 $-6,568,587
2020 $17,253,982 $22,845,643 $15,810,733 $-5,591,661
2019 $17,260,490 $21,518,562 $16,847,884 $-4,258,072
2018 $16,965,240 $19,533,985 $19,088,236 $-2,568,745
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare THE MEADOWS AT WESTFALL INC with other nonprofits in New York and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.