SISTERS OF PROVIDENCE CARE CENTERS INC

EIN: 222541103 501(c)(3)

HARTFORD, CT

Total Revenue
$4,532,471
Total Expenses
$4,531,760
Total Assets
$711
Net Assets
$711
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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
1991
Legal Domicile
MA
Principal Officer
DEBORAH BITSOLI
Phone
8607144000
Tax Period
2018-07-01 to 2019-06-30

SISTERS OF PROVIDENCE CARE CENTERS INC, founded in 1991, is a community nonprofit that reported $4.5M in total revenue in fiscal year 2018. Revenue fell 66% from the prior year — a significant decline worth monitoring.

Mission

TO PROVIDE A COMPLETE CONTINUUM OF LONG TERM CARE SERVICES.

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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 (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $4,780
Investment Income $0
Other Revenue $4,527,691
TOTAL REVENUE $4,532,471

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,526,830
Fundraising Expenses $0
Program Expenses $3,988,491
Other Expenses $4,930
TOTAL EXPENSES $4,531,760

Year-over-Year Comparison

2018 2017 Change
Revenue $4,532,471 $13,427,216 -0.7%
Expenses $4,531,760 $13,389,021 -0.7%
Net Income $711 $38,195 -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
9
Independent Members
6
Employees
562
Volunteers
7

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
9
$1,527,376
Total Directors
10
$1,169,815
Key Employees
1
$513,958
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK FULCO DIRECTOR; PRESIDENT 1.00
Officer Director
$0 $46,336 $553,845
PAUL MANCINONE DIR; V CHAIR THRU AND CHAIR AT 11/18 1.00
Officer Director
$0 $0 $0
DEAN WHALEN DIRECTOR; CHAIR THROUGH 11/18 1.00
Officer Director
$0 $0 $0
PAUL MARCHESE DIRECTOR; VICE CHAIR AS OF 1/19 1.00
Officer Director
$0 $0 $0
WILLIAM SILVANIC DIRECTOR; SECRETARY 1.00
Officer Director
$0 $0 $0
MARY GEARY CARITAS SP DIRECTOR 1.00
Director
$0 $0 $0
RUTH MCGOLDRICK SP DIRECTOR 1.00
Director
$0 $0 $0
DANIEL MORRISON MD DIRECTOR; PRES MERCY HOSP MED STAFF 1.00
Director
$0 $35,489 $615,970
JOHN SJOBERG DIRECTOR THROUGH 4/19 1.00
Director
$0 $0 $0
MICHELLE THEROUX DIRECTOR 1.00
Director
$0 $0 $0
DANIEL KEENAN ASST. SEC; SVP GOV'T RELATIONS 1.00
Officer
$0 $44,619 $380,935
JAMES HARRIS ASST TREAS; TH OF NE DIR OF REIMB 1.00
Officer
$0 $37,932 $259,461
DEAN VITARISI TREASURER & VP FINANCE THROUGH 3/19 1.00
Officer
$0 $43,368 $333,135
DANIEL JANICAK INTERIM VP FINANCE AS OF 5/19 1.00
Officer
$0 $0 $0
STUART ROSENBERG VP OPERATIONS AT 1/19; JMH PRESIDENT 1.00
Key Emp
$0 $77,702 $513,958
ERIKO UMANA ADMINISTRATOR 40.00
Highest
$132,842 $30,605 $163,447
PATRICK ARGUIN TRINITY HEALTH SENIOR CARE GUIDE 40.00
Highest
$120,870 $29,171 $150,041
LYNN RODA DIRECTOR NURSING III 40.00
Highest
$107,249 $30,174 $137,423
RICHARD PELLAND EXECUTIVE DIRECTOR 40.00
Highest
$105,165 $18,214 $123,379
LORI HANNAH CLINICAL ADMINISTRATOR 40.00
Highest
$103,416 $19,308 $122,724
LEONARD PANSA FORMER KE; TH OF NE REG CHRO & SVP 1.00
$0 $33,126 $557,128
DANIEL MOEN FORMER OFFICER; SFMC TREN PRES/CEO 0.00
$0 $46,595 $663,234
SCOTT WOLF FORMER OFFICER 0.00
$0 $7,299 $246,710
THOMAS ROBERT FORMER OFFICER; SPHP TREAS & CFO 0.00
$0 $119,309 $634,507
BETH O'BRIEN FORMER OFFICER 0.00
$0 $225,136 $693,255
CHARLES FLINN FORMER KEY EMPLOYEE 0.00
$0 $4,235 $395,504
CHRISTOPHER MCLAUGHLIN FORMER KEY EMPLOYEE 0.00
$0 $17,726 $296,483
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
2019 $4,532,471 $4,531,760 $711 $711
2018 $13,427,216 $13,389,021 $3,671,770 $38,195
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