PINES VILLAGE RETIREMENT COMMUNITIES INC (EIN 311118091) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1984

Legal Domicile

Principal Officer

MARTIN SONNENBERG

Phone

2194651591

Tax Period

2023-01-01 to 2023-12-31

PINES VILLAGE RETIREMENT COMMUNITIES INC, founded in 1984, is a community nonprofit in the Housing & Shelter sector that reported $6.7M in total revenue in fiscal year 2023. Expenses of $8.6M exceeded revenue, resulting in a 29% operating deficit.

Mission

THE MISSION OF PINES VILLAGE RETIREMENT COMMUNITIES, INC. (PVRC) IS TO CELEBRATE LIFE BY ENRICHING THE LIVES OF OLDER ADULTS. THROUGH LOCAL PARTNERSHIPS, WE PROVIDE OLDER ADULTS IN THE VALPARAISO AREA A NETWORK OF COMMUNITY CHOICES TO LIVE WELL.

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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%)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $368,445

Program Service Revenue $6,284,677

Investment Income $22,988

Other Revenue $2,075

TOTAL REVENUE $6,678,185

Expense Breakdown

Grants Paid $109,448

Salaries & Benefits $3,353,348

Fundraising Expenses $0

Program Expenses $7,671,862

Other Expenses $5,168,754

TOTAL EXPENSES $8,631,550

Year-over-Year Comparison

	2023	2022	Change
Revenue	$6,678,185	$7,006,169	0.0%
Expenses	$8,631,550	$6,999,011	+0.2%
Net Income	$-1,953,365	$7,158	-273.9%

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

Governance

Voting Members

Independent Members

Employees

140

Volunteers

110

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

$306,230

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
DOUG SMITH	PRESIDENT	1.00	Officer Director	$0	$0	$0
TODD WAGENBLAST	TREASURER	1.00	Officer Director	$0	$0	$0
MARILYN BUCZKOWSKI	SECRETARY	1.00	Officer Director	$0	$0	$0
JOAN BONDI	DIRECTOR	1.00	Director	$0	$0	$0
CALEB WALMA	DIRECTOR	1.00	Director	$0	$0	$0
GEORGE DOUGLAS	DIRECTOR	1.00	Director	$0	$0	$0
TIM SCANNELL	DIRECTOR	1.00	Director	$0	$0	$0
SCOTT BOZIK	DIRECTOR	1.00	Director	$0	$0	$0
JOEL TROXEL	DIRECTOR	1.00	Director	$0	$0	$0
WILLIAM FOY	DIRECTOR	1.00	Director	$0	$0	$0
JOHN SEIBERT	DIRECTOR	1.00	Director	$0	$0	$0
DENISE SCHROEDER	CHIEF FINANCIAL OFFICER	40.00	Officer	$112,860	$4,514	$117,374
MARTIN SONNENBERG	CHIEF EXECUTIVE OFFICER	40.00	Officer	$168,935	$19,921	$188,856

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	$6,678,185	$8,631,550	$26,675,335	$-1,953,365
2022	$7,006,169	$6,999,011	$28,430,910	$7,158
2021	$6,229,769	$6,663,916	$29,196,205	$-434,147
2020	$9,639,214	$7,168,972	$30,015,877	$2,470,242
2019	$7,037,835	$7,148,200	$27,396,830	$-110,365
2018	$6,775,451	$7,008,960	$25,690,707	$-233,509

PINES VILLAGE RETIREMENT COMMUNITIES INC