CORNERSTONE SENIOR COMMUNITIES OF REMSEN (EIN 200782978) - Form 990 Financial Analysis & Trantor Score

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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

2004

Legal Domicile

Principal Officer

MARK CODY

Phone

7123360844

Tax Period

2024-01-01 to 2024-12-31

CORNERSTONE SENIOR COMMUNITIES OF REMSEN, founded in 2004, is a community nonprofit in the Human Services sector that reported $5.8M in total revenue in fiscal year 2024.

Mission

PROVIDE RETIREMENT HOUSING AND NURSING CARE TO SENIOR CITIZENS.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $30,791

Program Service Revenue $5,777,718

Investment Income $16,747

Other Revenue $4,804

TOTAL REVENUE $5,830,060

Expense Breakdown

Grants Paid $0

Salaries & Benefits $2,976,159

Fundraising Expenses $0

Program Expenses $5,072,920

Other Expenses $3,051,994

TOTAL EXPENSES $6,028,153

Year-over-Year Comparison

	2024	2023	Change
Revenue	$5,830,060	$5,824,713	+0.0%
Expenses	$6,028,153	$5,435,934	+0.1%
Net Income	$-198,093	$388,779	-1.5%

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

Governance

Voting Members

Independent Members

Employees

135

Volunteers

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

$60,013

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARK CODY	EXECUTIVE DI	20.00	Officer	$60,013	$0	$60,013
CHERYL CRONIN	PRESIDENT	1.00	Officer Director	$0	$0	$0
TOM DRAPER	DIRECTOR	1.00	Director	$0	$0	$0
PEG HEIDESCH	VICE PRESIDE	1.00	Officer Director	$0	$0	$0
JUDY SCHULTZ	SECRETARY	1.00	Officer Director	$0	$0	$0
SUSAN SIEVERS	DIRECTOR	1.00	Director	$0	$0	$0
HELEN STEELE	TREASURER	1.00	Officer Director	$0	$0	$0

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	$5,830,060	$6,028,153	$4,034,367	$-198,093
2023	$5,824,713	$5,435,934	$4,064,951	$388,779
2022	$4,862,966	$5,056,704	$3,678,285	$-193,738
2021	$5,126,900	$4,167,882	$3,827,948	$959,018
2020	$4,982,729	$4,488,647	$3,516,513	$494,082
2020	$4,955,660	$4,466,794	$3,516,513	$488,866
2019	$4,720,352	$4,189,909	$2,664,171	$530,443
2018	$4,083,306	$4,149,272	$2,258,225	$-65,966

CORNERSTONE SENIOR COMMUNITIES OF REMSEN