GOOD SHEPHERD REHABILITATION NETWORK

EIN: 232216041 501(c)(3) Health Care

ALLENTOWN, PA

Total Revenue
$82,603,715
Total Expenses
$58,893,845
Total Assets
$539,091,569
Net Assets
$381,910,164
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1908
Legal Domicile
PA
Principal Officer
MICHAEL SPIGEL
Phone
6107763160
Tax Period
2024-07-01 to 2025-06-30

GOOD SHEPHERD REHABILITATION NETWORK, founded in 1908, is a mid-sized nonprofit in the Health Care sector that reported $82.6M in total revenue in fiscal year 2024. The organization ran a surplus of $23.7M, a strong 29% operating margin.

Mission

MOTIVATED BY THE DIVINE GOOD SHEPHERD AND THE OFTEN COMPLEX PHYSICAL AND COGNITIVE REHABILITATION NEEDS OF OUR COMMUNITIES, OUR MISSION IS TO ENHANCE LIVES, MAXIMIZE FUNCTION, INSPIRE HOPE, AND PROMOTE DIGNITY AND WELL-BEING WITH EXPERTISE INNOVATE CARE AND COMPASSION.

Program Service Accomplishments

Program 1
Expenses: $27,266,599 Revenue: $49,006,344

GOOD SHEPHERD REHABILITATION NETWORK ("GSRN"), BASED IN ALLENTOWN, PENNSYLVANIA, IS A NATIONALLY RECOGNIZED REHABILITATION LEADER, OFFERING A CONTINUUM OF CARE FOR PEOPLE WITH PHYSICAL AND COGNITIVE...

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GOOD SHEPHERD REHABILITATION NETWORK ("GSRN"), BASED IN ALLENTOWN, PENNSYLVANIA, IS A NATIONALLY RECOGNIZED REHABILITATION LEADER, OFFERING A CONTINUUM OF CARE FOR PEOPLE WITH PHYSICAL AND COGNITIVE DISABILITIES AND SPECIALIZING IN ASSISTIVE AND REHABILITATION TECHNOLOGY. SPECIALIZED INPATIENT AND OUTPATIENT POST-ACUTE CARE PROGRAMS OFFERED BY GSRN INCLUDE: STROKE, ORTHOPEDICS, BRAIN INJURY, SPINE AND JOINT PAIN, SPINAL CORD INJURY, PEDIATRICS, MULTIPLE SCLEROSIS, AND AMPUTATION. GOOD SHEPHERD OPERATES: THIRTY-FOUR (34) OUTPATIENT SITES; 2 INPATIENT SITES; A LONG-TERM ACUTE CARE HOSPITAL; 2 LONG-TERM CARE HOMES FOR PEOPLE WITH SEVERE DISABILITIES; AND AN INDEPENDENT LIVING FACILITY. CONTINUED ON SCHEDULE O.GOOD SHEPHERD ALSO IS THE MAJORITY OWNER OF A JOINT VENTURE WITH PENN MEDICINE IN PHILADELPHIA, PENNSYLVANIA. GOOD SHEPHERD PENN PARTNERS ("GSPP") PROVIDES THE PHILADELPHIA REGION WITH A CONTINUUM OF POST-ACUTE CARE THAT INCLUDES INPATIENT AND OUTPATIENT REHABILITATION AND LONG-TERM ACUTE CARE. TWENTY-SIX (26) GSPP PENN THERAPY & FITNESS LOCATIONS PROVIDE OUTPATIENT REHABILITATION SERVICES THROUGHOUT THE GREATER PHILADELPHIA AREA, WHILE PHYSICAL, OCCUPATIONAL AND SPEECH THERAPY SERVICES ARE PROVIDED WITHIN PENN MEDICINE'S THREE ACUTE-CARE HOSPITALS. GSRN WAS FOUNDED IN 1908 WHEN THE REV. JOHN AND ESTELLA RAKER INVITED A DISABLED ORPHAN NAMED VIOLA INTO THEIR ALLENTOWN, PENNSYLVANIA HOME. GSRN IS AFFILIATED WITH THE EVANGELICAL LUTHERAN CHURCH IN AMERICA AND PROVIDES REHABILITATION SERVICES AT MORE THAN 63 LOCATIONS IN 9 EASTERN PENNSYLVANIA COUNTIES. GSRN IS THE PARENT ORGANIZATION OF 5 TAX-EXEMPT AFFILIATES THAT OFFER MANY LEVELS OF REHABILITATION CARE. GSRN IS ALSO THE PARENT ORGANIZATION OF ONE TAXABLE AFFILIATE THAT IS A SELF-INSURANCE COMPANY. AS THE PARENT ORGANIZATION, GSRN OPERATES ALL CORPORATE ADMINISTRATIVE FUNCTIONS FOR THE GOOD SHEPHERD AFFILIATES, INCLUDING BUT NOT LIMITED TO ADMINISTRATION, DIETARY, FINANCE, FUNDRAISING, HUMAN RESOURCES, INFORMATION SYSTEMS, MAINTENANCE, MARKETING AND PASTORAL CARE.

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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 (2024)

Revenue Breakdown

Contributions & Grants $4,575,070
Program Service Revenue $49,006,344
Investment Income $28,691,812
Other Revenue $330,489
TOTAL REVENUE $82,603,715

Expense Breakdown

Grants Paid $3,569,407
Salaries & Benefits $24,571,990
Fundraising Expenses $2,627,420
Program Expenses $27,266,599
Other Expenses $30,752,448
TOTAL EXPENSES $58,893,845

Year-over-Year Comparison

2024 2023 Change
Revenue $82,603,715 $78,930,481 +0.0%
Expenses $58,893,845 $60,704,558 0.0%
Net Income $23,709,870 $18,225,923 +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

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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
17
Independent Members
15
Employees
255
Volunteers
141

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
$1,088,271
Total Directors
21
$1,096,012
Key Employees
5
$1,980,776
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MICHAEL R SPIGEL PRESIDENT & CEO 26.00
Officer Director
$712,258 $36,013 $748,271
MAURA TOPPER CHAIR/TREASURER 0.25
Officer Director
$0 $0 $0
MICHAEL PESSINA VICE CHAIR 0.25
Officer Director
$0 $0 $0
THOMAS LYNCH SECRETARY 0.25
Officer Director
$0 $0 $0
POLLY BESTE TRUSTEE 0.25
Director
$0 $0 $0
PAMELA DECAMPLI TRUSTEE 0.25
Director
$0 $0 $0
DAVID DECAMPLI TRUSTEE 0.25
Director
$0 $0 $0
DAVID FESSLER TRUSTEE 0.25
Director
$0 $0 $0
MATTHEW GREEN TRUSTEE 0.25
Director
$0 $0 $0
LORI GUSTAVE TRUSTEE 0.25
Director
$0 $0 $0
ELSBETH HAYMON TRUSTEE 0.25
Director
$0 $0 $0
KIMBERLY KUCHINSKI MD TRUSTEE 0.25
Director
$0 $41,421 $347,741
JO-ANN MENDLES TRUSTEE 0.25
Director
$0 $0 $0
VICTOR SALICETTI TRUSTEE 0.25
Director
$0 $0 $0
BLAKE C MARLES TRUSTEE 0.25
Director
$0 $0 $0
JOHN V COONEY TRUSTEE EMERITI 0.25
Director
$0 $0 $0
JILL DOUGLAS LEGACY TRUSTEE 0.25
Director
$0 $0 $0
GARY SCHMIDT CHAIR (UNTIL 9/24) 0.25
Officer Director
$0 $0 $0
SANDRA BODNYK VICE CHAIR (UNTIL 9/24) 0.25
Officer Director
$0 $0 $0
JOHN RICHTER SECRETARY (UNTIL 9/24) 0.25
Officer Director
$0 $0 $0
PAUL EMRICK TRUSTEE (UNTIL 9/24) 0.25
Director
$0 $0 $0
ROBERT TAROLA INTERIM CFO (UNTIL 9/24) 26.00
Officer
$340,000 $0 $340,000
PATRICK SEBASTIAN VP OF FINANCE (AS OF 5/25) 26.00
Officer
$0 $0 $0
TERENCE P O'NEIL CHIEF INFORMATION OFFICER 30.00
Key Emp
$299,355 $18,379 $317,734
CHERYL A FISHER CHIEF HR OFFICER 30.00
Key Emp
$274,985 $33,181 $308,166
JEANNE DZURENKO CNO & SVP 10.00
Key Emp
$256,059 $17,948 $274,007
CYNTHIA A BUCHMAN VP PHYSICIAN SERVICES 40.00
Key Emp
$235,359 $8,671 $244,030
SANDEEP SINGH CMO & SVP 20.00
Key Emp
$0 $42,873 $836,839
CARRY A GERBER VP MKTG AND COMMUNICATION 40.00
Highest
$248,782 $5,523 $254,305
GEORGINE A OLEXA VP LEGAL AFFAIRS 40.00
Highest
$198,740 $7,711 $206,451
KAREN L LONG VP OPERATIONS OP THERAPY 40.00
Highest
$187,855 $7,673 $195,528
SCOTT M MOYNIHAN ADMIN DIR HUMAN RESOURCES 40.00
Highest
$181,941 $39,549 $221,490
MARGARET A KAUFMANN ADMIN DIR TLNT & EMPL EXP 40.00
Highest
$166,018 $5,902 $171,920
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 $82,603,715 $58,893,845 $539,091,569 $23,709,870
2024 $78,930,481 $60,704,558 $548,247,805 $18,225,923
2023 $81,138,849 $67,879,290 $492,190,611 $13,259,559
2022 $78,471,770 $60,742,129 $467,456,338 $17,729,641
2021 $71,655,842 $57,276,768 $439,427,307 $14,379,074
2020 $72,367,130 $61,102,984 $373,319,434 $11,264,146
2019 $84,905,670 $59,373,106 $383,065,156 $25,532,564
2018 $67,432,706 $52,129,766 $382,134,312 $15,302,940
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