GREEK AMERICAN REHABILITATION AND CARE CENTRE

EIN: 363410469 501(c)(3)

WHEELING, IL

Total Revenue
$22,079,154
Total Expenses
$20,476,270
Total Assets
$12,376,314
Net Assets
$8,678,507
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
IL
Phone
8474598700
Tax Period
2024-06-01 to 2025-05-31

GREEK AMERICAN REHABILITATION AND CARE CENTRE, founded in 1985, is a mid-sized nonprofit that reported $22.1M in total revenue in fiscal year 2024. Revenue grew 16% year-over-year, indicating healthy expansion. Expenses of $20.5M left a modest 7% surplus.

Mission

TO PROVIDE QUALITY NURSING CARE TO THE ELDERLY WITH GENUINE HOSPITALITY.

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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 (2024)

Revenue Breakdown

Contributions & Grants $1,064,033
Program Service Revenue $21,071,716
Investment Income $76,623
Other Revenue $-133,218
TOTAL REVENUE $22,079,154

Expense Breakdown

Grants Paid $0
Salaries & Benefits $15,012,297
Fundraising Expenses $0
Program Expenses $18,019,712
Other Expenses $5,463,973
TOTAL EXPENSES $20,476,270

Year-over-Year Comparison

2024 2023 Change
Revenue $22,079,154 $19,053,086 +0.2%
Expenses $20,476,270 $20,818,738 0.0%
Net Income $1,602,884 $-1,765,652 -1.9%
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

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Liquidity & Cash Position

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Governance

Voting Members
5
Independent Members
3
Employees
360
Volunteers
16

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
$388,622
Total Directors
16
$191,082
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
EFFIE LALIOS CPA CFO 34.9
Officer Director
$0 $16,840 $109,493
ELENI BOUSIS BOARD CHAIR 2.0
Officer Director
$0 $0 $0
MARIA HARDUVEL-BOYLE ASSISTANT SECRETARY - THU 09/2024 2.0
Officer Director
$0 $0 $0
PAULA A TOLAN-FRANCIS JD SECRETARY 34.9
Officer Director
$0 $6,650 $81,589
PETER G KARAHALIOS JD PRESIDENT 2.0
Officer Director
$0 $0 $0
PETER KOPSAFTIS TREASURER 2.0
Officer Director
$0 $0 $0
ATHENA KAMPAS JD DIRECTOR - THRU 09/2024 2.0
Director
$0 $0 $0
DEAN S ARGIRIS DIRECTOR - THRU 09/2024 2.0
Director
$0 $0 $0
DENISE MANIATIS DIRECTOR - THRU 09/2024 2.0
Director
$0 $0 $0
GEORGE REVELOTIS JD DIRECTOR - THRU 09/2024 2.0
Director
$0 $0 $0
GEORGETTE GIGI PAPPAS DIRECTOR - THRU 09/2024 2.0
Director
$0 $0 $0
JAMES G ROMAS DIRECTOR - THRU 09/2024 2.0
Director
$0 $0 $0
MAGDALENA VERVILOS JD DIRECTOR - THRU 09/2024 2.0
Director
$0 $0 $0
NICHOLAS A LALIOS DPM DIRECTOR - THRU 09/2024 2.0
Director
$0 $0 $0
TEDDI GALANIS DIRECTOR - THRU 09/2024 2.0
Director
$0 $0 $0
THERESA TZAKIS DIRECTOR - THRU 09/2024 2.0
Director
$0 $0 $0
DINO VARNAVAS MBA LNHA ADMINISTRATOR 40.0
Officer
$178,829 $18,711 $197,540
ARNOLD MARTINEZ NURSE 40.0
Highest
$129,274 $0 $129,274
DIMITROS DEMOGIORGAS NURSE 40.0
Highest
$117,453 $13,584 $131,037
JINCY BABU NURSE SUPERVISOR 40.0
Highest
$114,921 $7,428 $122,349
REESHA JOYAL DIRECTOR OF NURSING 40.0
Highest
$145,692 $24,912 $170,604
WILFREDO BRAVO GARCIA Registered nurse 40.0
Highest
$118,780 $18,696 $137,476
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
2025 $22,079,154 $20,476,270 $12,376,314 $1,602,884
2024 $19,053,086 $20,818,738 $11,260,431 $-1,765,652
2023 $19,810,215 $20,260,193 $15,723,963 $-449,978
2022 $17,361,767 $16,747,413 $12,159,366 $614,354
2021 $17,929,262 $16,444,467 $12,789,386 $1,484,795
2020 $15,972,593 $15,616,674 $13,371,232 $355,919
2019 $15,005,033 $15,211,518 $10,548,534 $-206,485
2018 $14,382,469 $13,745,707 $10,732,050 $636,762
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