LUTHERAN SENIOR HEALTHCARE INC

EIN: 352321534 501(c)(3)

BURLINGTON, NJ

Total Revenue
$12,566,327
Total Expenses
$13,701,275
Total Assets
$2,876,800
Net Assets
$-13,203,897
🔒

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
2007
Legal Domicile
NJ
Principal Officer
COLLEEN P FRANKENFIELD
Phone
6093867171
Tax Period
2024-01-01 to 2024-12-31

LUTHERAN SENIOR HEALTHCARE INC, founded in 2007, is a mid-sized nonprofit that reported $12.6M in total revenue in fiscal year 2024.

Mission

A FAITH-BASED COMMUNITY CARE PROGRAM FOR NURSING HOME AND MEDICARE/MEDICAID ELIGIBLE SENIORS.

🔒

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 (2024)

Revenue Breakdown

Contributions & Grants $50
Program Service Revenue $12,565,922
Investment Income $319
Other Revenue $36
TOTAL REVENUE $12,566,327

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,164,609
Fundraising Expenses $0
Program Expenses $12,243,400
Other Expenses $9,536,666
TOTAL EXPENSES $13,701,275

Year-over-Year Comparison

2024 2023 Change
Revenue $12,566,327 $13,183,395 0.0%
Expenses $13,701,275 $14,231,053 0.0%
Net Income $-1,134,948 $-1,047,658 +0.1%
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
12
Independent Members
11
Employees
106
Volunteers
12

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
7
$1,697,464
Total Directors
12
$891,855
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRAD HILDEBRANDT CHAIR 0.50
Officer Director
$0 $0 $0
KENNETH VAN DONGEN VICE CHAIR 0.50
Officer Director
$0 $0 $0
EDWARD P NOBLE TREASURER 0.50
Officer Director
$0 $0 $0
JUHAN RUNNE SECRETARY 0.50
Officer Director
$0 $0 $0
REV TRACIE BARTHOLOMEW TRUSTEE 0.50
Director
$0 $0 $0
REV STEPHEN GEWECKE TRUSTEE 0.50
Director
$0 $0 $0
RAFAEL HACISKI TRUSTEE 0.50
Director
$0 $0 $0
TERRY SHINE TRUSTEE 0.50
Director
$0 $0 $0
REV DR ANTHONY STEINBRONN TRUSTEE 0.50
Director
$0 $0 $0
COLLEEN P FRANKENFIELD PRESIDENT & CEO 0.50
Officer Director
$0 $67,990 $891,855
MARGARET DEVERELL TRUSTEE 0.50
Director
$0 $0 $0
KATE STUTZEL TRUSTEE 0.50
Director
$0 $0 $0
JEANNINE RICHMAN SR. VICE PRESIDENT & CFO 0.50
Officer
$0 $36,853 $370,833
SHERRY OUTTEN SR. VICE PRESIDENT & COO 0.50
Officer
$0 $45,865 $434,776
JAYESHKUMAR PATEL MEDICAL DIRECTOR 40.00
Highest
$143,654 $0 $143,654
MARIA IVARONE EXECUTIVE DIRECTOR 40.00
Highest
$174,671 $30,070 $204,741
LAURIE GOSSE OCCUPATIONAL THERAPIST 40.00
Highest
$103,469 $8,344 $111,813
BRYAN PATRICK UR PHYSICIAN 40.00
Highest
$111,988 $0 $111,988
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 $12,566,327 $13,701,275 $2,876,800 $-1,134,948
2023 $13,183,395 $14,231,053 $5,017,700 $-1,047,658
2022 $13,665,562 $13,971,304 $3,866,591 $-305,742
2021 $13,763,962 $13,411,609 $4,764,086 $352,353
2020 $13,565,157 $11,980,345 $5,073,046 $1,584,812
2019 $12,479,200 $12,296,411 $5,066,876 $182,789
2018 $11,949,971 $11,857,497 $2,318,855 $92,474
Explore More Nonprofits
→Top 100 Nonprofits in New Jersey →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare LUTHERAN SENIOR HEALTHCARE INC with other nonprofits in New Jersey 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.