OUR LADY'S RESIDENCE

🔒

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

Financial Trends

Organization Details

Formation Year

1966

Legal Domicile

Principal Officer

ROBERT WAITE

Phone

8563424100

Tax Period

2020-01-01 to 2020-12-31

Mission

OUR MISSION WAS TO OPERATE A NOT-FOR-PROFIT CATHOLIC BASED SKILLED NURSING FACILITY PROVIDING OUR RESIDENTS WITH THE BEST NURSING CARE AND REHABILITATION SERVICES, WHILE ENHANCING THE QUALITY OF LIFE IN A DIGNIFIED, SAFE ATMOSPHERE. WE SOUGHT TO PROVIDE APPROPRIATE SERVICE TO ALL WHO ASK FOR OUR ASSISTANCE.

Program Service Accomplishments

Program 1

Expenses: $4,417

OUR LADY'S RESIDENCE'S ORIGINAL MISSION WAS TO OPERATE AS A NOT-FOR-PROFIT CATHOLIC BASED SKILLED NURSING FACILITY. CATHOLIC CHARITIES, DIOCESE OF CAMDEN SOLD THE SKILLED NURSING FACILITY ON DECEMBER 14, 2015. CATHOLIC CHARITIES RETAINED OWNERSHIP OF A CONVENT AND A PARCEL OF LAND ADJACENT TO THE FACILITY. THE BUILDING AND LAND ARE PART OF TAX ID # 22-1807020. CATHOLIC CHARITIES, DIOCESE OF CAMDEN RENTS THE CONVENT TO THE NEW OWNER OF THE FACILITY THROUGHOUT THE YEAR. THE CONVENT AND ADJACENT LAND IS MAINTAINED BY CATHOLIC CHARITIES, DIOCESE OF CAMDEN. THE TAX ID # ALSO REMAINS ACTIVE TO REFLECT ADJUSTMENTS MADE TO ASSETS AND LIABILITIES ASSOCIATED WITH THE SKILLED NURSING FACILITY. ADJUSTMENTS SUCH AS COLLECTIONS FOR OUTSTANDING SKILLED NURSING HOME RECEIVABLE BALANCES, EXPENDITURES INCURRED TO COMPLY WITH RECORD RETENTION POLICIES, AND EXPENDITURES TO RESOLVE ANY OTHER OUTSTANDING ISSUES THAT REMAIN FROM THE TIME OF OWNERSHIP OF THE SKILLED NURSING FACILITY ARE PROCESSED THROUGH THIS TAX ID.

🔒

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%)

Financial Overview (2020)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $0

Investment Income $0

Other Revenue $0

TOTAL REVENUE $0

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $4,417

Other Expenses $7,327

TOTAL EXPENSES $7,327

Year-over-Year Comparison

	2020	2019	Change
Revenue	N/A	$536	-1.0%
Expenses	$7,327	$308,856	-1.0%
Net Income	N/A	$-308,320	N/A

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

Governance

Voting Members

Independent Members

Employees

N/A

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

$148,975

Total Directors

$335,371

Key Employees

Highest Compensated

reported

Name	Title	Role	Reportable Comp	Other Comp	Total
DEACON GERARD JABLONOWSKI	SECRETARY	Officer Director	$0	$25,314	$148,975
LAURA MONTGOMERY	TRUSTEE	Director	$0	$33,463	$186,396
REVEREND JAMES L BARTOLOMA	TRUSTEE	Director	$0	$0	$0
REVEREND JOHN J VIGNONE	TRUSTEE	Director	$0	$0	$0
DEACON ROBERT SCARPA	TRUSTEE	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
2020	No data	$7,327	$1,118,294	No data
2019	$536	$308,856	$1,119,482	$-308,320
2018	$21,439	$37,341	$1,365,508	$-15,902