LUTHERAN HOME OF SOUTHBURY INC

EIN: 161644288 501(c)(3) Health Care

SOUTHBURY, CT

Total Revenue
$18,076,727
Total Expenses
$18,058,102
Total Assets
$39,341,439
Net Assets
$5,697,829
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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
1985
Legal Domicile
CT
Principal Officer
ANGELA BOVILL
Phone
7819970900
Tax Period
2023-07-01 to 2024-06-30

LUTHERAN HOME OF SOUTHBURY INC, founded in 1985, is a mid-sized nonprofit in the Health Care sector that reported $18.1M in total revenue in fiscal year 2023.

Mission

WE ARE CALLED TO STRENGTHEN COMMUNITIES BY EMPOWERING PEOPLE TO RESPOND TO LIFE'S CHALLENGES.

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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 $0
Program Service Revenue $17,609,797
Investment Income $229,373
Other Revenue $237,557
TOTAL REVENUE $18,076,727

Expense Breakdown

Grants Paid $0
Salaries & Benefits $10,473,660
Fundraising Expenses $0
Program Expenses $14,574,061
Other Expenses $7,584,442
TOTAL EXPENSES $18,058,102

Year-over-Year Comparison

2023 2022 Change
Revenue $18,076,727 $16,936,131 +0.1%
Expenses $18,058,102 $18,481,064 0.0%
Net Income $18,625 $-1,544,933 -1.0%
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
7
Independent Members
6
Employees
305
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
13
$1,545,393
Total Directors
7
$409,513
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANGELA BOVILL PRESIDENT & CEO 4.00
Officer Director
$0 $42,491 $409,513
KEITH ROBERTSON DIRECTOR 0.50
Director
$0 $0 $0
WILLIAM MAYO DIRECTOR/PAST PRESIDENT 0.50
Director
$0 $0 $0
FREDERICK JENOURE CHAIR 0.50
Officer Director
$0 $0 $0
THE REV ROSS GOODMAN VICE CHAIR 0.50
Officer Director
$0 $0 $0
ASISH COWLAGI SECRETARY 0.50
Officer Director
$0 $0 $0
ALEXANDER BARTHOLOMEW FINANCIAL SECRETARY 0.50
Officer Director
$0 $0 $0
KRISTINE HANSCOM EXECUTIVE VP/CFO/COO 4.00
Officer
$0 $2,717 $82,251
MICHELLE BETTIGOLE CHIEF SENIOR CARE OFF. (THRU 10/23) 5.00
Officer
$0 $32,426 $227,404
JEANETTE WADE CFO/COO (THRU 10/23) 4.00
Officer
$0 $9,206 $162,388
AIMEE MITCHELL CHIEF COMMUNITY SERV. (THRU 10/23) 0.50
Officer
$0 $25,264 $182,646
NICHOLAS RUSSO TREASURER 4.00
Officer
$0 $3,236 $142,441
TARA BROWNE CLERK/EXECUTIVE ASSISTANT 4.00
Officer
$0 $11,264 $81,852
NICHOLAS SOUSA ASST. CLERK/EXECUTIVE ASSI 1.00
Officer
$0 $8,412 $61,016
CHRISTINE TAPPAN CHIEF OF STRATEGIC ADVANCE 1.00
Officer
$0 $7,264 $195,882
ZIAD BAROODY ADMINISTRATOR 40.00
Highest
$148,812 $1,188 $150,000
BRENDA CASH STAFF DEVELOPMENT DIR 40.00
Highest
$136,129 $8,921 $145,050
ROSALYN TURNER NURSING 40.00
Highest
$148,575 $3,719 $152,294
AMY PEVORNICK NURSING 40.00
Highest
$134,422 $4,218 $138,640
VALROSE GREEN COLON DIRECTOR OF NURSING 40.00
Highest
$163,070 $10,511 $173,581
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
2025 No data No data No data No data
2024 $18,076,727 $18,058,102 $39,341,439 $18,625
2023 $16,936,131 $18,481,064 $40,071,341 $-1,544,933
2022 $17,433,326 $16,241,661 $41,167,913 $1,191,665
2021 $16,306,061 $15,263,353 $9,884,971 $1,042,708
2020 $15,365,674 $14,590,337 $6,927,319 $775,337
2019 $14,356,715 $13,617,626 $6,145,898 $739,089
2018 $13,417,645 $12,831,612 $6,808,749 $586,033
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