CRANBERRY TOWNSHIP, PA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)VIECARE BEAVER LLC, founded in 2007, is a mid-sized nonprofit in the Housing & Shelter sector that reported $50.5M in total revenue in fiscal year 2022. Revenue grew 9% year-over-year, indicating healthy expansion. Expenses of $48.9M left a modest 3% surplus.
THE PROGRAM FOR ALL-INCLUSIVE CARE FOR THE ELDERLY IS A MODEL OF SENIOR CARE NATIONALLY KNOWN AS P.A.C.E. IN THE STATE OF PENNSYLVANIA, THE ACRONYM FOR THIS PROGRAM IS KNOWN AS L.I.F.E. (LIVING INDEPENDENCE FOR THE ELDERLY). LIFE IS AN INTEGRATED MODEL OF CARE DESIGNED TO ENABLE MEDICARE AND MEDICAID TO SERVE SENIORS THROUGH A SEAMLESS PROCESS OF CONTINUOUS CARE AND SERVICES. THIS PROGRAM ENABLES THE FRAIL NURSING HOME ELIGIBLE LOW INCOME INDIVIDUALS THE OPTION OF CONTINUING TO LIVE IN THE COMMUNITY.LIFE COORDINATES AND PROVIDES ALL NEEDED PREVENTIVE, PRIMARY, ACUTE AND LONG-TERM CARE SERVICES TO ITS PARTICIPANTS THROUGH AN INTERDISCIPLINARY TEAM OF HEALTH CARE PROFESSIONALS THAT EVALUATE, ASSESS AND PROVIDE FOR THE INDIVIDUAL NEEDS OF THE PARTICIPANT AS THEY CHANGE THROUGH VARIOUS STAGES OF AGING OR MEDICAL NEED. DELIVERY OF CARE IS RENDERED THROUGH AN ADULT DAY HEALTH CENTER THAT PROVIDES AN ARRAY OF SERVICES FROM PHYSICIAN CARE TO SOCIAL STIMULATION.
LIFE (LIVING INDEPENDENCE FOR THE ELDERLY) IS A COMPREHENSIVE HEALTH CARE AND SUPPORTIVE SERVICES PROGRAM DESIGNED TO ENHANCE THE ABILITY OF OLDER ADULTS 55 YEARS OF AGE AND OLDER TO LIVE SAFELY IN...
LIFE (LIVING INDEPENDENCE FOR THE ELDERLY) IS A COMPREHENSIVE HEALTH CARE AND SUPPORTIVE SERVICES PROGRAM DESIGNED TO ENHANCE THE ABILITY OF OLDER ADULTS 55 YEARS OF AGE AND OLDER TO LIVE SAFELY IN THEIR HOMES AND COMMUNITIES. IT IS A CAPITATED PROGRAM, FUNDED THROUGH THE PENNSYLVANIA DEPARTMENT OF HUMAN SERVICES AND CENTERS FOR MEDICAID AND MEDICARE SERVICES. MOST LIFE PARTICIPANTS ARE DUALLY ELIGIBLE FOR MEDICARE AND MEDICAID AND THEREFORE RECEIVE THE PROGRAM AT NO DIRECT COST TO THEM. LIFE PROGRAMS ARE KNOWN NATIONALLY AS PACE (PROGRAM OF ALL INCLUSIVE CARE FOR THE ELDERLY). LIFE BEAVER AND LAWRENCE COUNTIES IS A PARTNERSHIP OF LUTHERAN SENIORLIFE AND HERITAGE VALLEY HEALTH SYSTEM.LIFE COORDINATES AND PROVIDES ALL NEEDED PREVENTIVE, PRIMARY, ACUTE AND POST-ACUTE CARE SERVICES TO ITS PARTICIPANTS THROUGH AN INTERDISCIPLINARY TEAM OF HEALTH CARE PROFESSIONALS THAT EVALUATE, ASSESS AND PROVIDE FOR THE INDIVIDUAL NEEDS OF THE PARTICIPANT AS THEY CHANGE THROUGH VARIOUS STAGES OF AGING OR MEDICAL NEED. BASED ON AN INDIVIDUAL'S NEED, LIFE CAN PROVIDE: COMPREHENSIVE MEDICAL CARE BY AN INTERDISCIPLINARY TEAM OF HEALTHCARE PROFESSIONALS; AN ON-CALL NURSE AND PHYSICIAN AVAILABLE 24 HOURS A DAY; ADULT DAY SERVICES; PERSONAL CARE; HOME CARE; HOUSEKEEPING AND LAUNDRY; REHABILITATION THERAPIES; TRANSPORTATION TO THE LIFE CENTER AND MEDICAL APPOINTMENTS; MEDICATIONS AND MEDICATION MANAGEMENT; MEALS; MEDICAL EQUIPMENT; AND DENTISTRY, OPTOMETRY, AND AUDIOLOGY.
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)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $50,502,061 | $46,465,306 | +0.1% |
| Expenses | $48,907,945 | $45,248,657 | +0.1% |
| Net Income | $1,594,116 | $1,216,649 | +0.3% |
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 |
|---|---|---|---|---|---|---|
| DAVID J FENOGLIETTO | CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $39,302 | $418,740 |
| JEFFREY L CARRAWAY | CFO | 1.00 |
Officer
Director
|
$0 | $32,825 | $255,687 |
| NORMAN MITRY | VICE CHAIRMAN | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID HAMM | SECRETARY | 1.00 |
Officer
Director
|
$0 | $23,329 | $134,205 |
| LORI LANG | SECRETARY | 1.00 |
Officer
Director
|
$0 | $0 | $0 |
| DR KATHLEEN OSTEN | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| CRAIG BARR | DIRECTOR | 1.00 |
Director
|
$0 | $0 | $0 |
| MELINDA WANG | MEDICAL DIRECTOR | 40.00 |
Highest
|
$168,451 | $22,228 | $190,679 |
| STEPHANIE MILLER | DIRECTOR-ADULT DAY | 40.00 |
Highest
|
$112,056 | $7,481 | $119,537 |
| GINA M SUDOL | NURSE | 40.00 |
Highest
|
$116,895 | $7,888 | $124,783 |
| KATHERINE KE | MEDICAL DIRECTOR | 40.00 |
Highest
|
$110,070 | $10,358 | $120,428 |
| LORETTA KUNKLE | CERTIFIED NURSES AIDE | 40.00 |
Highest
|
$103,402 | $12,450 | $115,852 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $50,502,061 | $48,907,945 | $50,537,952 | $1,594,116 |
| 2022 | $46,465,306 | $45,248,657 | $43,097,178 | $1,216,649 |
| 2021 | $46,860,704 | $40,498,701 | $43,089,373 | $6,362,003 |
| 2020 | $46,118,953 | $41,271,809 | $33,707,357 | $4,847,144 |
| 2019 | $45,272,130 | $42,351,784 | $29,358,188 | $2,920,346 |
| 2018 | $44,589,098 | $43,256,166 | $27,556,022 | $1,332,932 |
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