LORETTO ADULT COMMUNITY INC

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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

1973

Legal Domicile

Principal Officer

KIMBERLY TOWNSEND

Phone

3154695570

Tax Period

2024-01-01 to 2024-12-31

LORETTO ADULT COMMUNITY INC, founded in 1973, is a mid-sized nonprofit in the Human Services sector that reported $16.2M in total revenue in fiscal year 2024. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

THE PROGRAM PROVIDES A COMPREHENSIVE PACKAGE OF SERVICES AND SUPPORT TO THE ELDERLY WHO REQUIRE ELEVATED LEVELS OF ASSISTED CARE AS ASSESSED NECESSARY THROUGH MEDICAID.

Program Service Accomplishments

Program 1

Expenses: $14,450,046 Revenue: $15,989,975

LORETTO ADULT COMMUNITY IS WELL SUITED FOR THOSE WHO ENJOY OR BENEFIT FROM SOCIAL INTERACTION. WITH 330 ROOMS, INCLUDING SINGLES AND DOUBLES, LORETTO FOSTERS A SENSE OF COMMUNITY, FRIENDSHIP AND...

LORETTO ADULT COMMUNITY IS WELL SUITED FOR THOSE WHO ENJOY OR BENEFIT FROM SOCIAL INTERACTION. WITH 330 ROOMS, INCLUDING SINGLES AND DOUBLES, LORETTO FOSTERS A SENSE OF COMMUNITY, FRIENDSHIP AND COMFORT. PERSONAL SPACE AND PRIVACY ARE ALWAYS RESPECTED AT LORETTO ADULT COMMUNITY. LORETTO ADULT COMMUNITY, INC.,HAS THREE LOCATIONS: BERNARDINE APARTMENTS, SEDGWICK HEIGHTS, AND BUCKLEY LANDING. MONTHLY RESIDENT COUNCIL MEETINGS GIVE RESIDENTS THE OPPORTUNITY TO SPEAK OUT ABOUT THEIR OPINIONS, WANTS OR CONCERNS. THE CORPORATION ALSO OPERATES AN ENRICHED HOUSING PROGRAM FOR INDIVIDUALS WHO MEET LOW INCOME THRESHOLDS.

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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 $226,095

Program Service Revenue $15,534,253

Investment Income $8,211

Other Revenue $455,722

TOTAL REVENUE $16,224,281

Expense Breakdown

Grants Paid $0

Salaries & Benefits $11,314,529

Fundraising Expenses $0

Program Expenses $14,450,046

Other Expenses $5,965,669

TOTAL EXPENSES $17,280,198

Year-over-Year Comparison

	2024	2023	Change
Revenue	$16,224,281	$14,385,404	+0.1%
Expenses	$17,280,198	$15,727,626	+0.1%
Net Income	$-1,055,917	$-1,342,222	-0.2%

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

$909,194

Total Directors

Key Employees

$1,678,989

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
VICKI O'NEILL	BOARD MEMBER, CHAIR	1.00	Officer Director	$0	$0	$0
STEPHANIE CROCKETT	BOARD MEMBER, VICE CHAIR	1.00	Officer Director	$0	$0	$0
JOHN R BRENNAN	BOARD MEMBER, SECRETARY	1.00	Officer Director	$0	$0	$0
JOHN MCCABE	BOARD MEMBER	1.00	Director	$0	$0	$0
KEVIN BRYANS	BOARD MEMBER	1.00	Director	$0	$0	$0
MICHELE JONES GALVIN	BOARD MEMBER	1.00	Director	$0	$0	$0
STEPHEN J KINGSTON	BOARD MEMBER	1.00	Director	$0	$0	$0
SAM CARELLO	BOARD MEMBER	1.00	Director	$0	$0	$0
CRAIG LUCE	BOARD MEMBER	1.00	Director	$0	$0	$0
PETER MUSERLIAN	BOARD MEMBER	1.00	Director	$0	$0	$0
ELIZABETH QUILTER	BOARD MEMBER	1.00	Director	$0	$0	$0
JAY SUBEDI	BOARD MEMBER	1.00	Director	$0	$0	$0
GWEN WEBBER-MCLEOD	BOARD MEMBER	1.00	Director	$0	$0	$0
ROSEMARY AVILA-TICIO	BOARD MEMBER	1.00	Director	$0	$0	$0
MIKE BUCK	BOARD MEMBER	1.00	Director	$0	$0	$0
KIRA REED	BOARD MEMBER	1.00	Director	$0	$0	$0
KIMBERLY TOWNSEND	CEO/PRESIDENT	1.00	Officer	$0	$0	$609,681
JOHN MURRAY	CHIEF FINANCIAL OFFICER	1.00	Officer	$0	$0	$299,513
STEPHANIE BUTTON	VICE PRESIDENT, PACE	1.00	Key Emp	$0	$0	$209,010
BRANDON CLAPS	CHIEF INFORMATION OFFICER	1.00	Key Emp	$0	$0	$222,214
HOLLY HOEHNER	VICE PRESIDENT, GENERAL COUNSEL	1.00	Key Emp	$0	$0	$274,608
JENNIFER INGERSON	VICE PRESIDENT, HOUSING	1.00	Key Emp	$0	$0	$212,150
JOELLE MARGREY	CHIEF NURSING OFFICER	1.00	Key Emp	$0	$0	$270,163
JULIE SHEEDY	CHIEF MARKETING AND ENGAGEMENT OFFICER	1.00	Key Emp	$0	$0	$251,743
NANCY WILLIAMS	CHIEF PEOPLE OFFICER	1.00	Key Emp	$0	$0	$239,101

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	$16,224,281	$17,280,198	$11,341,585	$-1,055,917
2023	$14,385,404	$15,727,626	$10,942,253	$-1,342,222
2022	$12,045,990	$15,006,560	$11,839,237	$-2,960,570
2021	$12,990,670	$13,872,634	$14,119,343	$-881,964