LEGACY HEALTHCARE SERVICES INC

EIN: 311679605 501(c)(3) Health Care

Raleigh, NC

Total Revenue
$140,219,956
Total Expenses
$130,639,186
Total Assets
$128,409,923
Net Assets
$116,633,629
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
OH
Principal Officer
Jeff Ryan
Phone
9194245080
Tax Period
2023-01-01 to 2023-12-31

LEGACY HEALTHCARE SERVICES INC, founded in 1999, is a major nonprofit in the Health Care sector that reported $140.2M in total revenue in fiscal year 2023. Expenses of $130.6M left a modest 7% surplus.

Mission

Improve the health of senior adults so they may live life the way they want to live it through: wellness, education, safety, rehabilitation, caring.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $139,949,877
Investment Income $32,128
Other Revenue $237,951
TOTAL REVENUE $140,219,956

Expense Breakdown

Grants Paid $0
Salaries & Benefits $115,449,916
Fundraising Expenses $0
Program Expenses $113,677,311
Other Expenses $15,189,270
TOTAL EXPENSES $130,639,186

Year-over-Year Comparison

2023 2022 Change
Revenue $140,219,956 $131,000,981 +0.1%
Expenses $130,639,186 $119,373,314 +0.1%
Net Income $9,580,770 $11,627,667 -0.2%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✗ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
4
Independent Members
N/A
Employees
3182
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
2
$601,211
Total Directors
4
$949,789
Key Employees
5
$980,393
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
John Murta Board Member 2
Director
$0 $7,597 $348,578
Jeff Ryan CEO 40
Officer Director
$307,332 $20,122 $327,454
Joseph Sardoni Regional VP of Business Development 40
Highest
$312,385 $6,476 $318,861
Gil Wilson CFO and Treasurer 40
Officer Director
$254,169 $19,588 $273,757
Melissa Hale COO 40
Key Emp
$239,288 $9,703 $248,991
Jeff Fink Senior VP of HR and Administration 40
Key Emp
$207,080 $7,593 $214,673
Charles Hale CIO 40
Key Emp
$192,897 $6,113 $199,010
Adam Schambach Director of Revenue Cycle 40
Highest
$159,971 $20,122 $180,093
Wendi Kanuch Regional VP of Business Development 40
Highest
$159,410 $19,588 $178,998
Lynette Kentgen VP of Operations 40
Highest
$167,261 $9,703 $176,964
Geoffrey Diek VP of Operations 40
Key Emp
$161,606 $0 $161,606
Luke Kontras VP of Operations 40
Highest
$159,658 $0 $159,658
Kathleen Dwyer VP of Compliance 40
Key Emp
$156,113 $0 $156,113
E Anthony Woods Chair 2
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 $140,219,956 $130,639,186 $128,409,923 $9,580,770
2022 $131,000,981 $119,373,314 $127,970,994 $11,627,667
2021 $129,375,945 $110,176,833 $130,717,949 $19,199,112
2020 $116,232,011 $94,750,472 $132,404,339 $21,481,539
2019 $55,748,226 $48,153,181 $129,956,993 $7,595,045
Explore More Nonprofits
→Top 100 Nonprofits in North Carolina →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare LEGACY HEALTHCARE SERVICES INC with other nonprofits in North Carolina and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.