CLOVERWOOD SENIOR LIVING INC

EIN: 161597251 501(c)(3) Housing & Shelter

PITTSFORD, NY

Total Revenue
$14,168,912
Total Expenses
$14,937,798
Total Assets
$46,497,607
Net Assets
$-20,651,527
🔒

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
2000
Legal Domicile
NY
Principal Officer
GLEN COOPER
Phone
5852481100
Tax Period
2023-01-01 to 2023-12-31

CLOVERWOOD SENIOR LIVING INC, founded in 2000, is a mid-sized nonprofit in the Housing & Shelter sector that reported $14.2M in total revenue in fiscal year 2023.

Mission

CLOVERWOOD IS AN EXCEPTIONAL SENIOR LIVING COMMUNITY THAT ENABLES RESIDENTS TO ENJOY AN ACTIVE AND INDEPENDENT LIFESTYLE WITH COMPANIONSHIP AND PEACE OF MIND IN A STIMULATING AND SECURE ENVIRONMENT.

🔒

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 $172,075
Program Service Revenue $13,260,447
Investment Income $234,834
Other Revenue $501,556
TOTAL REVENUE $14,168,912

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,319,867
Fundraising Expenses $0
Program Expenses $10,901,634
Other Expenses $8,617,931
TOTAL EXPENSES $14,937,798

Year-over-Year Comparison

2023 2022 Change
Revenue $14,168,912 $14,128,008 +0.0%
Expenses $14,937,798 $13,275,951 +0.1%
Net Income $-768,886 $852,057 -1.9%
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
8
Employees
277
Volunteers
15

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
$721,370
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EDWARD CARMAN IV DIRECTOR 1.00
Director
$0 $0 $0
JEAN MAESS CHAIRPERSON 1.00
Officer Director
$0 $0 $0
ROBERT PARKER SECRETARY 1.00
Officer Director
$0 $0 $0
STANLEY PECK VICE CHAIRPERSON 1.00
Officer Director
$0 $0 $0
KEVIN PHELPS TREASURER 1.00
Officer Director
$0 $0 $0
KIMBERLY WILBORN DIRECTOR 1.00
Director
$0 $0 $0
FRANK ALLEN DIRECTOR 1.00
Director
$0 $0 $0
ROBERT LOWENTHAL JR DIRECTOR 1.00
Director
$0 $0 $0
GLEN COOPER CEO 1.00
Officer
$0 $0 $493,963
CHRISTINE JOHNSON CFO 1.90
Officer
$0 $5,297 $227,407
TAMARA STOUT MARKETING DIRECTOR 40.00
Highest
$105,252 $12,344 $117,596
KATHLEEN WILLIAMS DIRECTOR OF HUMAN RESOURCE 40.00
Highest
$122,157 $0 $122,157
MICHAEL MACRI EXECUTIVE CHEF 40.00
Highest
$131,358 $5,673 $137,031
MICHAEL PERROTTA SENIOR VP OF HOUSING 40.00
Highest
$216,073 $12,891 $228,964
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 $14,168,912 $14,937,798 $46,497,607 $-768,886
2022 $14,128,008 $13,275,951 $44,052,123 $852,057
2021 $14,152,806 $12,055,831 $45,313,320 $2,096,975
2020 $11,776,300 $12,011,374 $43,493,186 $-235,074
2019 $12,729,320 $12,118,530 $41,506,689 $610,790
2018 $11,923,199 $12,430,769 $40,538,671 $-507,570
Explore More Nonprofits
→Top 100 Nonprofits in New York →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare CLOVERWOOD SENIOR LIVING 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.