Berkshire Retirement Community Inc (EIN 222579838) - 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

1989

Legal Domicile

Principal Officer

William C Jones Jr

Phone

4134472996

Tax Period

2023-01-01 to 2023-12-31

Berkshire Retirement Community Inc, founded in 1989, is a mid-sized nonprofit in the Human Services sector that reported $16.4M in total revenue in fiscal year 2023.

Mission

Skilled nursing facility and residential units

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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 $15,041,684

Investment Income $859,860

Other Revenue $463,839

TOTAL REVENUE $16,365,383

Expense Breakdown

Grants Paid $0

Salaries & Benefits $7,912,424

Fundraising Expenses $0

Program Expenses $14,710,387

Other Expenses $8,213,174

TOTAL EXPENSES $16,125,598

Year-over-Year Comparison

	2023	2022	Change
Revenue	$16,365,383	$15,849,506	+0.0%
Expenses	$16,125,598	$15,005,818	+0.1%
Net Income	$239,785	$843,688	-0.7%

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

192

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

$802,812

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
William C Jones Jr	President & CEO	1.23	Officer	$0	$80,787	$802,812
Sandra Shepard	Administrator	40.00		$169,113	$2,775	$171,888
Michael J Paglier	Dir Food & Nutrit	40.00		$103,769	$22,230	$125,999
Melody Black	Dir of Support Ser	40.00		$110,639	$196	$110,835
Jerome Anderson	Director	0.00	Director	$0	$0	$0
Robin McGraw	Director	0.00	Director	$0	$0	$0
Carol Riordan	Chair	0.00	Director	$0	$0	$0
Ruth Blodgett	Director	0.00	Director	$0	$0	$0
John O'Brien	Director	0.00	Director	$0	$0	$0
Dr Bruce Auerbach	Director	0.00	Director	$0	$0	$0
Jerry Burke	Director	0.00	Director	$0	$0	$0
Mike Christopher	Director	0.00	Director	$0	$0	$0
Richard Herrick	Vice Chair	0.00	Director	$0	$0	$0
Joel Feinman PhD	Director	0.00	Director	$0	$0	$0
Marcie Gingras	Clerk	0.00	Officer	$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	No data	No data	No data	No data
2023	$16,365,383	$16,125,598	$60,542,909	$239,785
2022	$15,849,506	$15,005,818	$57,622,143	$843,688
2021	$15,914,894	$13,940,600	$61,644,356	$1,974,294
2020	$15,318,500	$13,741,582	$60,115,226	$1,576,918
2019	$15,481,651	$13,551,464	$59,320,694	$1,930,187
2018	$15,439,426	$13,698,410	$56,845,605	$1,741,016

Berkshire Retirement Community Inc