BIRCH HILL TERRACE

EIN: 223015416 501(c)(3)

MANCHESTER, NH

Total Revenue
$17,186,796
Total Expenses
$20,786,431
Total Assets
$65,140,228
Net Assets
$-2,640,360
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
NH
Principal Officer
APRIL BOURDON
Phone
6036581786
Tax Period
2023-07-01 to 2024-06-30

BIRCH HILL TERRACE, founded in 1989, is a mid-sized nonprofit that reported $17.2M in total revenue in fiscal year 2023. Revenue grew 17% year-over-year, indicating healthy expansion. Expenses of $20.8M exceeded revenue, resulting in a 21% operating deficit.

Mission

TO ENSURE HEALTHY AGING BIRCH HILL TERRACE (BH) DBA RIVERWOODS MANCHESTER (RWM) A NONPROFIT CONTINUING CARE RETIREMENT COMMUNITY (CCRC), PROMOTES AN INDEPENDENT LIFESTYLE, ENCOURAGES COMMUNITY INVOLVEMENT, PRESERVES INDIVIDUAL DIGNITY, CREATES A SPIRIT OF HARMONY, COMPASSION, UNDERSTANDING, AND TRUST.

Program Service Accomplishments

Program 1
Expenses: $17,019,427 Revenue: $16,264,674

BIRCH HILL TERRACE ADOPTED THE DBA RIVERWOODS MANCHESTER (RWM) IN FY21 AND HAS BEEN AFFILIATIED WITH RIVERWOODS SINCE 2016. AS A TYPE B CONTRACT, NOT-FOR-PROFIT CONTINUING CARE COMMUNITY (CCRC) OUR...

Read more

BIRCH HILL TERRACE ADOPTED THE DBA RIVERWOODS MANCHESTER (RWM) IN FY21 AND HAS BEEN AFFILIATIED WITH RIVERWOODS SINCE 2016. AS A TYPE B CONTRACT, NOT-FOR-PROFIT CONTINUING CARE COMMUNITY (CCRC) OUR PRIMARY SERVICE IS TO PROVIDE HOUSING, HEALTH CARE SERVICES, FOOD SERVICES, AND SECURITY TO OLDER ADULTS OVER AGE 62. ON 6/30/24, THE COMMUNITY HOUSED APPROXIMATELY 198 RESIDENTS IN INDEPENDENT LIVING APARTMENTS AND 59 RESIDENTS IN ITS HEALTH CARE CENTER. DURING THE YEAR, THE HEALTH CARE CENTER SERVED ABOUTY 76 RESIDENTS ON A PERMANENT, TEMPORARY OR PER DIEM BASIS AT A SUBSTANTIALLY DISCOUNTED RATE. LIFECARE RESIDENTS RECEIVE A DISCOUNTED RATE WHEN IN THE HEALTH CENTER. THE "CONTRACTUAL ALLOWANCE" (I.E. WRITE-OFF) RELATED TO THE LEVEL OF CARE PROVIDED FOR LIFECARE CONTRACT RESIDENTS WAS $741,347 FOR FY24.AS A NOT-FOR-PROFIT CCRC, RWM HAS A BENEVOLENCE FUND TO HELP RESIDENTS WHO HAVE OUTLIVED THEIR ASSETS OR HAVE FOUND THEMSELVES UNABLE TO MAKE THEIR FINANCIAL COMMITMENT, THROUGH NO FAULT OF THEIR OWN. IF NEEDED, A RESIDENT CAN TURN TO THE RIVERWOODS BENEVOLENCE FUND, RATHER THAN PLACING FINANCIAL BURDEN ON SENIOR ASSISTANCE PROGRAMS OUTSIDE THE RIVERWOODS COMMUNITY. IN FY24, RWM PROVIDED FINANCIAL ASSISTANCE TO A TOTAL OF NINE RESIDENTS IN THE AMOUNT OF $505,274.OUR NOT-FOR-PROFIT MISSION PROVIDES COMMUNITY, PURPOSE, AND PEACE OF MIND. ONE OF THE PRIMARY WAYS OUR RESIDENTS AND STAFF FIND PURPOSE IS THROUGH GIVING BACK TO THE COMMUNITY AND THE SURROUNDING AREA IN A NUMBER OF WAYS. RWM HAS DEEP ROOTS IN THE CITY OF MANCHESTER AND THE SURROUNDING AREA. WE BEGAN CLOSE TO 150 YEARS AGO AS THE WOMEN'S AID AND RELIEF SOCIETY AND HAVE EVOLVED AS THE NEEDS OF THE COMMUNITY HAVE CHANGED. AS ACTIVE NEIGHBORS OF THE GREATER COMMUNITY, WE SERVE THE LOCAL AREAS WITH OUR TIME, KNOWLEDGE, AND RESOURCES. IN FY24, BOTH STAFF AND RESIDENTS FOUND MANY WAYS TO GIVE BACK, SERVE OTHERS, AND SUPPORT THE LOCAL COMMUNITY BY VOLUNTEERING THEIR TIME ON LOCAL NOT-FOR-PROFIT BOARDS, VOLUNTEERING HOURS IN THEIR COMMUNITY, COLLECTING PHYSICAL DONATIONS FOR TOY AND FOOD DRIVES AND MAKING KNITTED ITEMS TO DONATE TO LOCAL ORGANIZATIONS. ONE PROJECT OF PATRICULAR NOTE IS THE CREATION OF THE ALL PERSONS TRAIL IN THE CEDAR SWAMP PRESERVE, IN PARTNERSHIP WITH THE NATURE CONSERVANCY. THE 600 ACRE CONSERVANCEY IS ACROSS THE ROAD FROM OUR CAMPUS, AND WE ASSISTED IN FUNDING CONSTRUCTION OF THE TRAIL THAT ALLOWS PEOPLE IN WHEELCHAIRS AND WALKERS TO EXPLORE THIS BEAUTIFUL LOCATION. RWM ENCOURAGES EMPLOYEES TO VOLUNTEER DURING WORK HOURS FOR SPECIAL NOT-FOR-PROFIT PROJECTS. ANOTHER LONG-TREM PARTNERSHIP OF RWM IS WITH THE MOORE CENTER, IN MANCHESTER, WHO HELP FIND DIGNIFIED AND MEANINGFUL EMPLOYEMENT AND PURPOSE FOR PEOPLE WITH DEVELOPMENTAL AND INTELLECTUAL DISABILITIES. WE HAVE LONG PARTNERED WITH THE MOORE CENTER CLIENTS WHO BENEFIT FROM JOB SHADOWING/INTERNSHIPS AT RIVERWOODS MANCHESTER.PART OF OUR MISSION IS NOT ONLY TO HELP IMPROVE THE EXPERIENCE OF AGING FOR AS MANY ADULTS AS POSSIBLE, BUT ALSO TO SHARE THAT KNOWLEDGE WITH OTHERS, ESPECIALLY THE YOUNGER GENERATION. EMPLOYEES REGULARLY SHARE THEIR KNOWLEDGE BY INVITING STUDENTS INTO THE RWM COMMUNITY WHO CAN LEARN FROM THE VAST KNOWLEDGE AND EXPERIENCE OF THE STAFF. OVER THE YEARS WE HAVE HOSTED STUDENTS FROM A VARIETY OF SCHOOLS AND PROVIDED INTERNSHIPS IN A VARIETY OF COURSEWORK, FROM MARKETING TO FINANCE TO SOCIAL WORK AND HEALTH CARE. A KEY OBJECTIVE OF OUR COMMUNITY IS NOT ONLY TO SHARE OUR EXPERIENCES WITH OTHERS, BUT TO LEARN FROM OTHERS IN THE INDUSTRY AT THE SAME TIME. IN THIS WAY WE CONTINUE TO INNOVATE, TO REMAIN AT THE FOREFRONT OF NEW TRENDS IN OUR INDUSTRY, AND TO RESPOND TO CHANGING CONSUMER PREFERENCES, WHILE ALSO ADVANCING THE SENIOR LIVING INDUSTRY AS A WHOLE. OUR LEADERS REGULARLY ATTEND INDUSTRY SEMINARS, PARTICIPATE IN STUDY GROUPS, AND PRESENT ON NATIONAL AND INTERNALTIONAL PANELS WITHIN OUR INDUSTRY, AS WELL AS DRAFT ARTICLES FOR LEADING PUBLICATIONS. RWM IS A STRONG COMMUNITY PARTNER AND IN ADDITION TO RESIDENT AND STAFF TIME SPENT VOLUNTEERING, RWM HAS HELPED A NUMBER OF COMMUNITY-WIDE EVENTS AND ORGANIZATIONS WITH FINANCIAL SUPPORT. RWM HAS ALSO PROVIDED SMALL HONORARIUMS/DONATIONS TO A NUMBER OF GROUPS WHO HAVE PROVIDED SPEAKERS FOR OUR ON-CAMPUS EDUCATION PROGRAMS.EDUCATION IS A VALUE HIGHLY PRIZED BY RWM RESIDENTS. IN FY24, RWM ESTABLISHED THE RIVERWOODS MANCHESTER SCHOLARSHIP FUND FOR STAFF TO PURSUE HIGHER EDUCATION. IN FY24, $28,571 WAS AWARDED TO 11 RECIPIENTS.A GROUP OF EMPLOYEES CREATED THE C.A.R.E. (CARING, AIDING AND RESPONDING TO EMPLOYEES) FUND TO ASSIST EMPLOYEES WHO DEMONSTRATE A FINANCIAL EMERGENCY BEYOND THEIR CONTROL AND PROVIDE THEM WITH LIMITED ASSISTANCE. THIS FUND CONTINUES TO BE AVAILABLE TO EMPLOYEES WHO DEMONSTRATE A NEED FOR LIMITED EMERGENCY FINANCIAL ASSISTANCE.RIVERWOODS MANCHESTER IS LOCATED IN A BEAUTIFUL RURAL AREA OF THE CITY. RESIDENTS AS WELL AS PEOPLE IN OUR SURROUNDING AREA ARE ABLE TO ENJOY WALKING THROUGH OUR CAMPUS AND ON OUR TRAILS. A GROUP OF RWM RESIDENTS ARE DEDICATED TO KEEPING THE GARDENS AND TRAILS IN THEIR COMMUNITY IN PERFECT CONDITION. THE GARDENING, GROUNDS, AND PLANT CARE GROUP DEDICATE SEVERAL HOURS PER WEEK TO WEEDING, PRUNING, AND WATERING PLANTS AND BEDS AROUND THE CAMPUS FOR OTHERS TO ENJOY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $368,210
Program Service Revenue $16,264,674
Investment Income $553,912
Other Revenue $0
TOTAL REVENUE $17,186,796

Expense Breakdown

Grants Paid $533,845
Salaries & Benefits $9,869,353
Fundraising Expenses $0
Program Expenses $17,019,427
Other Expenses $10,383,233
TOTAL EXPENSES $20,786,431

Year-over-Year Comparison

2023 2022 Change
Revenue $17,186,796 $14,751,459 +0.2%
Expenses $20,786,431 $18,369,190 +0.1%
Net Income $-3,599,635 $-3,617,731 0.0%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
13
Independent Members
12
Employees
259
Volunteers
20

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
6
$469,248
Total Directors
19
$545,232
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JUSTINE VOGEL CEO 0.50
Director
$0 $40,317 $545,232
KIMBERLY GASKELL VP OF OPERATIONS 5.00
Officer
$0 $16,588 $276,929
APRIL BOURDON EXECUTIVE DIRECTOR 40.00
Officer
$185,580 $6,739 $192,319
KAREN MCDONALD NURSE PRACTITIONER 40.00
Highest
$120,181 $780 $120,961
JENNIFER SAWYER TORGERSEN SR. LIVING CONSULTANT 40.00
Highest
$113,688 $3,503 $117,191
CHRISTOPHER PEABODY SKILLED MAINTENANCE MECHANIC 40.00
Highest
$105,664 $4,715 $110,379
DANIEL MUSER DIRECTOR OF DINNING 40.00
Highest
$102,211 $3,008 $105,219
DONNA HANNON DIRECTOR OF HEALTH SERVICES 40.00
Highest
$103,308 $0 $103,308
SUSAN DESJARDINS CHAIR 0.50
Officer Director
$0 $0 $0
REBECCA SMITH VICE CHAIR 0.50
Officer Director
$0 $0 $0
MIKE HICKEY TREASURER 0.50
Officer Director
$0 $0 $0
DEBORAH KARMOZYN CLERK AND RESIDENT TRUSTEE 0.50
Officer Director
$0 $0 $0
DAN CHARTRAND TRUSTEE 0.50
Director
$0 $0 $0
KIRSTEN CORAZZINI TRUSTEE 0.50
Director
$0 $0 $0
TOM DONOVAN TRUSTEE 0.50
Director
$0 $0 $0
DEBBY MILLER TRUSTEE (AS OF JANUARY 2024) 0.50
Director
$0 $0 $0
PATRICK PARISI TRUSTEE 0.50
Director
$0 $0 $0
WALTER BURGIN RESIDENT TRUSTEE 0.50
Director
$0 $0 $0
RALPH RAGUCCI RESIDENT TRUSTEE 0.50
Director
$0 $0 $0
BILL STAFFORD RESIDENT TRUSTEE 0.50
Director
$0 $0 $0
DAVID BROWNELL CHAIR (LEFT JUNE 18, 2024) 0.50
Director
$0 $0 $0
MIKE ROWAN TRUSTEE (LEFT APRIL 2024) 0.50
Director
$0 $0 $0
JOHN PROCHILO TRUSTEE (LEFT JUNE 18, 2024) 0.50
Director
$0 $0 $0
JASON SMITH TRUSTEE (LEFT JUNE 18, 2024) 0.50
Director
$0 $0 $0
TIM RILEY TRUSTEE (LEFT AUGUST 2023) 0.50
Director
$0 $0 $0
SUSAN WOODS TRUSTEE (LEFT JUNE 18, 2024) 0.50
Director
$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
2025 No data No data No data No data
2024 $17,186,796 $20,786,431 $65,140,228 $-3,599,635
2023 $14,751,459 $18,369,190 $54,682,441 $-3,617,731
2022 $13,228,793 $15,834,697 $49,349,537 $-2,605,904
2021 $12,203,790 $15,267,802 $45,940,950 $-3,064,012
2020 $13,106,247 $14,936,038 $45,226,029 $-1,829,791
2019 $12,856,599 $14,036,340 $43,969,711 $-1,179,741
Explore More Nonprofits
Top 100 Nonprofits in New Hampshire Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare BIRCH HILL TERRACE with other nonprofits in New Hampshire and across the country.