QUEENSBURY, NY
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)THE GLEN AT HILAND MEADOWS INC, founded in 1997, is a mid-sized nonprofit in the Housing & Shelter sector that reported $10.3M in total revenue in fiscal year 2023. Revenue surged 47% from the prior year, signaling strong growth momentum. Expenses of $12.3M exceeded revenue, resulting in a 20% operating deficit.
TO PROVIDE A STIMULATING, SUPPORTIVE, SECURE RESIDENTIAL RETIREMENT COMMUNITY DESIGNED TO ENHANCE SOCIAL, EDUCATIONAL, CULTURAL, RECREATIONAL AND WELLNESS OPPORTUNITIES WHERE EACH RESIDENT CAN PURSUE AN ACTIVE AND REWARDING LIFESTYLE.
THE GLEN AT HILAND MEADOWS (THE GLEN) PROVIDES A "HOME FOR THE AGED" INCLUDING 120 INDEPENDENT LIVING APARTMENTS, COTTAGES, AND HEALTH CARE FOR THE ELDERLY IN A 42 UNIT ENRICHED HOUSING RESIDENCE...
THE GLEN AT HILAND MEADOWS (THE GLEN) PROVIDES A "HOME FOR THE AGED" INCLUDING 120 INDEPENDENT LIVING APARTMENTS, COTTAGES, AND HEALTH CARE FOR THE ELDERLY IN A 42 UNIT ENRICHED HOUSING RESIDENCE. THE RETIREMENT COMMUNITY SERVES RESIDENTS 60 YEARS OF AGE AND OLDER, AND PROVIDES SECURITY, MAINTENANCE, DINING, ACTIVITIES, AND AMENITIES TO ALLOW RESIDENTS TO STAY INDEPENDENT AS LONG AS POSSIBLE. THE ENRICHED HOUSING RESIDENCE PROVIDES ASSISTANCE WITH THE ACTIVITIES OF DAILY LIVING AND HEALTH RELATED SERVICES. THE MEMORY CARE UNITS ARE DESIGNED FOR SENIOR RESIDENTS WITH ALZHEIMER'S DISEASE, DEMENTIA, AND OTHER MEMORY LOSS PROBLEMS. THE GLEN IS COMMITTED TO MAKING ITS SERVICES AND FACILITIES AVAILABLE TO THOSE RESIDENTS WHO CAN NO LONGER MEET THE FINANCIAL OBLIGATIONS OF RESIDENCY TO THE EXTENT THAT IT IS FINANCIALLY FEASIBLE TO DO SO. THE GLEN'S ACTIVITIES ARE FUNDED PRIMARILY FROM GROSS RECEIPTS FROM ADMISSIONS AND MONTHLY SERVICE FEES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $10,264,328 | $6,994,579 | +0.5% |
| Expenses | $12,311,409 | $7,543,554 | +0.6% |
| Net Income | $-2,047,081 | $-548,975 | +2.7% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| CARL T BAKER | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARY D FARR | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MARIO FASULO | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| MICHELLE MAZZACCO | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| KEVIN O'BRIEN | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| ASHLEY UNDERWOOD | BOARD MEMBER | 1.00 |
Director
|
$0 | $0 | $0 |
| DAVID D KAISER | PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR JOHN RUGGE | VICE - PRESIDENT | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| CAROL MERCHANT | TREASURER | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DEBORAH BARDIN | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANDREA HEBERT | EXECUTIVE DIRECTOR | 28.00 |
Officer
|
$147,880 | $40,092 | $251,349 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $10,264,328 | $12,311,409 | $42,738,543 | $-2,047,081 |
| 2022 | $6,994,579 | $7,543,554 | $44,387,136 | $-548,975 |
| 2021 | $6,394,412 | $6,981,902 | $25,129,585 | $-587,490 |
| 2020 | $6,616,946 | $6,784,965 | $21,471,861 | $-168,019 |
| 2019 | $6,402,627 | $6,715,036 | $20,659,815 | $-312,409 |
| 2018 | $6,546,957 | $6,429,823 | $17,969,433 | $117,134 |
Compare THE GLEN AT HILAND MEADOWS INC with other nonprofits in New York and across the country.