IDEAL SENIOR LIVING CENTER INC

EIN: 222902896 501(c)(3) Human Services

ENDICOTT, NY

Total Revenue
$13,845,654
Total Expenses
$16,988,532
Total Assets
$4,717,426
Net Assets
$-26,975,315
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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
1988
Legal Domicile
NY
Principal Officer
KAY BOLAND
Phone
6077867300
Tax Period
2023-01-01 to 2023-12-31

IDEAL SENIOR LIVING CENTER INC, founded in 1988, is a mid-sized nonprofit in the Human Services sector that reported $13.8M in total revenue in fiscal year 2023. Revenue grew 20% year-over-year, indicating healthy expansion. Expenses of $17.0M exceeded revenue, resulting in a 23% operating deficit.

Mission

HEALTHCARE FOR THE ELDERLY

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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 (2023)

Revenue Breakdown

Contributions & Grants $498,974
Program Service Revenue $12,965,357
Investment Income $0
Other Revenue $381,323
TOTAL REVENUE $13,845,654

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,283,792
Fundraising Expenses $0
Program Expenses $15,502,457
Other Expenses $4,704,740
TOTAL EXPENSES $16,988,532

Year-over-Year Comparison

2023 2022 Change
Revenue $13,845,654 $11,554,902 +0.2%
Expenses $16,988,532 $15,956,693 +0.1%
Net Income $-3,142,878 $-4,401,791 -0.3%
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
8
Independent Members
4
Employees
347
Volunteers
4

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
4
$1,089,909
Total Directors
8
$4,322,248
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SHARON YAPLE BOARD MEMBER/CHAIRMAN 2.00
Officer Director
$0 $0 $0
LILLIAN LEVY BOARD MEMBER 2.00
Director
$0 $0 $0
KAY BOLAND BOARD MEMBER/VICE CHAIR 2.00
Officer Director
$0 $123,712 $780,095
JOHN CARRIGG BOARD MEMBER 2.00
Director
$0 $7,161 $1,877,680
CHRISTOPHER ROMA BOARD MEMBER 2.00
Director
$0 $0 $0
GAIL THALACKER BOARD MEMBER 2.00
Director
$0 $0 $0
PEGGY THOMAS BOARD MEMBER 2.00
Director
$0 $46,308 $371,308
LARRY WIESNER DO BOARD MEMBER 2.00
Director
$0 $124,877 $1,293,165
MARILYN BARBIERI DIRECTOR OF FINANCE 39.00
Officer
$77,690 $20,420 $131,406
JAMES SHADDUCK ADMINISTRATOR 50.00
Officer
$134,409 $29,065 $178,408
LISA STANK DIRECTOR OF NURSING 55.00
Highest
$142,629 $6,541 $149,170
ANGELA REISTETTER REGISTERED NURSE 55.00
Highest
$120,863 $21,015 $141,878
TAMMY PATTON ASST. DIRECTOR OF NURSING 55.00
Highest
$119,471 $15,799 $135,270
GABRIELLA FIORI NURSING SUPERVISOR 55.00
Highest
$102,837 $16,441 $119,278
LYNN MCCLENON COORDINATOR RESIDENT CARE 55.00
Highest
$103,523 $36,858 $140,381
NANCY RONGO FORMER BOARD MEMBER/SECRETARY TO 05/31/23 0.00
$0 $16,605 $254,732
MICHELLE KAREDES FORMER TRUSTEE 0.00
$0 $47,744 $246,451
CORY JACOBS FORMER EX-OFFICIO 0.00
$0 $7,930 $176,453
MICHELE GORDON FORMER ADMINISTRATOR 0.00
$0 $24,620 $188,847
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 $13,845,654 $16,988,532 $4,717,426 $-3,142,878
2022 $11,554,902 $15,956,693 $5,443,965 $-4,401,791
2021 $9,831,124 $16,301,144 $4,125,598 $-6,470,020
2020 $15,595,271 $16,648,302 $8,495,182 $-1,053,031
2019 $13,137,195 $16,119,254 $6,043,857 $-2,982,059
2018 $12,276,847 $15,640,414 $6,598,281 $-3,363,567
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