HERITAGE VILLAGE REHAB & SKILLED NURSING INC

EIN: 261231096 501(c)(3) Health Care

Gerry, NY

Total Revenue
$13,341,100
Total Expenses
$14,518,435
Total Assets
$4,893,079
Net Assets
$-758,086
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
NY
Principal Officer
LISA RESSMAN
Phone
7169856820
Tax Period
2023-01-01 to 2023-12-31

HERITAGE VILLAGE REHAB & SKILLED NURSING INC, founded in 2007, is a mid-sized nonprofit in the Health Care sector that reported $13.3M in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year.

Mission

TO SERVE OTHERS THROUGH CHRIST-CENTERED MINISTRIES WHICH PROVIDE HOPE, DIGNITY AND PURPOSEFUL LIVING.

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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 $4,075
Program Service Revenue $12,629,121
Investment Income $0
Other Revenue $707,904
TOTAL REVENUE $13,341,100

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,897,012
Fundraising Expenses $0
Program Expenses $11,809,422
Other Expenses $7,621,423
TOTAL EXPENSES $14,518,435

Year-over-Year Comparison

2023 2022 Change
Revenue $13,341,100 $14,943,547 -0.1%
Expenses $14,518,435 $15,010,203 0.0%
Net Income $-1,177,335 $-66,656 +16.7%
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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Governance

Voting Members
11
Independent Members
11
Employees
249
Volunteers
N/A

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
11
$1,322,356
Total Directors
11
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Lisa Haglund President & CEO 1
Officer
$0 $22,142 $329,522
Meghan Aldrich Chief Operating Officer 1
Officer
$0 $4,071 $260,497
Mark Wilcox Chief Information Officer 1
Officer
$0 $21,518 $204,457
Danielle Bozich Chief Human Resources Officer 1
Officer
$0 $12,802 $193,883
Samuel Hill Chief of Mission Advancement 1
Officer
$0 $17,925 $175,404
Robin DiGregorio Regional Nursing Home Administrator 1
Highest
$0 $14,843 $167,521
Matthew Boswell Vice President of Finance 1
Highest
$0 $9,903 $164,122
Richard Whitver Managing Pharmacist 40
Highest
$160,525 $2,566 $163,091
Kathy Wetherell RN Supervisor 1
Highest
$0 $16,440 $143,967
Tracy Nelson Vice President of Human Resources 1
Highest
$0 $2,933 $130,139
Paul DeSantis Chief Financial Officer 1
Officer
$0 $6,286 $120,795
Lisa Ressman Chief Financial Officer 1
Officer
$0 $1,212 $37,798
Honna Curtis Board Member 1
Director
$0 $0 $0
Janet Snyder Board Member 1
Director
$0 $0 $0
Larry Roberts Secretary/Treasurer 1
Officer Director
$0 $0 $0
Walter Fleming Vice Chair 1
Officer Director
$0 $0 $0
Susan Wilston Vice Chair 1
Officer Director
$0 $0 $0
Susanne Mohnkern Board Member 1
Director
$0 $0 $0
Brent Richardson Chair 1
Officer Director
$0 $0 $0
Charles Toy Board Member 1
Director
$0 $0 $0
Joanne Smikle Board Member 1
Director
$0 $0 $0
Peter Schmitt Board Member 1
Director
$0 $0 $0
Judy Rich Board Member 1
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
2024 No data No data No data No data
2023 $13,341,100 $14,518,435 $4,893,079 $-1,177,335
2022 $14,943,547 $15,010,203 $9,468,416 $-66,656
2021 $17,450,920 $15,763,257 $9,734,856 $1,687,663
2020 $18,123,345 $17,596,872 $8,674,118 $526,473
2019 $17,354,180 $16,978,341 $7,577,422 $375,839
2018 $15,954,900 $15,408,035 $6,345,125 $546,865
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