Erie, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Presbyterian Homes in the Presbytery of Lake Erie, founded in 1943, is a mid-sized nonprofit that reported $15.7M in total revenue in fiscal year 2024. Revenue fell 53% from the prior year — a significant decline worth monitoring.
We are committed to providing a continuum of care consisting of short term rehabilitation, long term skilled care, memory care, personal care and independent living, all within a home-like setting and with a person-centered care philosophy, serving the Presbytery of Lake Erie (Erie, Crawford, Warren, Venango, McKean and Forest counties). During the current year, Presbyterian Homes operated a skilled nursing facility in Erie, PA (Manchester Commons),and also operates a personal care homes at Manchester Commons. These facilities continued to provide care even after the resident has exhausted their own resources. Hospice care is provided through a partnership with local hospice providers so that residents and their families have the full assurance of comprehensive care through end of life. In 2024, Presbyterian Homes provided $283,000 in benevolent care and $2,300,000 of uncompensated care.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $15,726,446 | $33,415,112 | -0.5% |
| Expenses | $16,229,539 | $27,012,204 | -0.4% |
| Net Income | $-503,093 | $6,402,908 | -1.1% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Frederick G Fiedler | Director and Vice-Chair | 3.00 |
Director
|
$0 | $0 | $0 |
| James B Ohrn | Director and Chair | 3.00 |
Director
|
$0 | $0 | $0 |
| Eric Presogna | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Melonie Jackson | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| James B Pieffer | Director and Secretary | 1.00 |
Officer
Director
|
$0 | $37,604 | $505,187 |
| Ellen Pfadt | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Dr Carol A Amann | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Rev Anita Bernhardt | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Todd Boslau | Director and Assistant Tre | 1.00 |
Officer
Director
|
$0 | $37,189 | $313,088 |
| Timothy Shine | Director | 1.00 |
Director
|
$0 | $0 | $0 |
| Roberta Gray | Senior Director | 40.00 |
Officer
|
$0 | $9,635 | $193,652 |
| Gary Seib | Treasurer | 40.00 |
Officer
|
$0 | $14,330 | $163,336 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $15,726,446 | $16,229,539 | $19,520,098 | $-503,093 |
| 2023 | $33,415,112 | $27,012,204 | $20,758,240 | $6,402,908 |
| 2022 | $28,277,156 | $32,302,820 | $29,805,534 | $-4,025,664 |
| 2021 | $32,251,648 | $30,408,294 | $35,345,781 | $1,843,354 |
| 2020 | $29,601,838 | $30,607,003 | $37,692,111 | $-1,005,165 |
| 2019 | $28,684,431 | $29,243,530 | $35,188,687 | $-559,099 |
| 2018 | $28,472,500 | $29,084,259 | $35,409,424 | $-611,759 |
Compare Presbyterian Homes in the Presbytery of Lake Erie with other nonprofits in Pennsylvania and across the country.