MOHAWK VALLEY REHABILITATION CORPORATION (EIN 222258007) - 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

1979

Legal Domicile

Principal Officer

STEPHEN R SMITH

Phone

3158664671

Tax Period

2023-01-01 to 2023-12-31

MOHAWK VALLEY REHABILITATION CORPORATION, founded in 1979, is a small nonprofit that reported $140K in total revenue in fiscal year 2023. Revenue surged 32% from the prior year, signaling strong growth momentum. Expenses of $515K exceeded revenue, resulting in a 268% operating deficit.

Mission

TO PROVIDE SMALL BUSINESS LOANS THAT DEVELOP AND RECYCLE LAND AND FACILITIES FOR JOB CREATION.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $88,108

Investment Income $27,153

Other Revenue $24,435

TOTAL REVENUE $139,696

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $453,836

Other Expenses $514,575

TOTAL EXPENSES $514,575

Year-over-Year Comparison

	2023	2022	Change
Revenue	$139,696	$105,886	+0.3%
Expenses	$514,575	$77,369	+5.7%
Net Income	$-374,879	$28,517	-14.1%

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

N/A

Volunteers

N/A

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

$122,326

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
RON PETERS	VICE PRESIDENT	0.50	Officer Director	$0	$0	$0
RONALD FILMER	TREASURER	0.50	Officer Director	$0	$0	$0
CAROL SHINEMAN	PRESIDENT	0.50	Officer Director	$0	$0	$0
JACK SPAETH	SECRETARY	0.50	Officer Director	$0	$0	$0
CARL MARUCCI	DIRECTOR	0.50	Director	$0	$0	$0
FRAN ENJEM	DIRECTOR	0.50	Director	$0	$0	$0
ALLISON MADMOUNE	DIRECTOR	0.50	Director	$0	$0	$0
ED WATT	DIRECTOR	0.50	Director	$0	$0	$0
STEPHEN R SMITH	EXECUTIVE VP AND CEO	0.50	Officer	$0	$26,289	$122,326

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	No data	No data	No data	No data
2023	$139,696	$514,575	$3,922,472	$-374,879
2022	$105,886	$77,369	$4,529,950	$28,517
2021	$412,046	$15,879	$4,529,705	$396,167
2020	$2,461,083	$33,462	$4,148,413	$2,427,621
2019	$28,263	$69,577	$1,396,258	$-41,314
2018	$26,284	$29,159	$1,447,675	$-2,875

MOHAWK VALLEY REHABILITATION CORPORATION