KANKAKEE, IL
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)RIVERSIDE SENIOR LIVING CENTER, founded in 1989, is a mid-sized nonprofit in the Human Services sector that reported $30.4M in total revenue in fiscal year 2024. Revenue grew 10% year-over-year, indicating healthy expansion. Expenses of $28.8M left a modest 5% surplus.
RIVERSIDE SENIOR LIVING CENTER'S MISSION IS TO OPERATE A CONTINUING CARE FACILITY THAT PROVIDES QUALITY INDEPENDENT AND ASSISTED LIVING CARE AS WELL AS SKILLED NURSING CARE.
RIVERSIDE SENIOR LIVING CENTER OPERATES MILLER NURSING HOME, A LONG-TERM CARE DIVISION THAT PROVIDES INTERMEDIATE, SKILLED AND SUB-ACUTE LEVELS OF CARE. SERVICES PROVIDED ARE OVERSEEN BY THE...
RIVERSIDE SENIOR LIVING CENTER OPERATES MILLER NURSING HOME, A LONG-TERM CARE DIVISION THAT PROVIDES INTERMEDIATE, SKILLED AND SUB-ACUTE LEVELS OF CARE. SERVICES PROVIDED ARE OVERSEEN BY THE ADMINISTRATOR AND THE DIRECTOR OF NURSING. IN ADDITION TO PROVIDING SKILLED NURSING SERVICES, THE FACILITY ALSO PROVIDES AN ARRAY OF PHYSICAL, SPEECH AND OCCUPATIONAL THERAPY FOR THE RESIDENTS OF THE FACILITY. A MULTITUDE OF OTHER SERVICES AVAILABLE ARE PROVIDED THROUGH A CONTRACTUAL AGREEMENT WITH OTHER PROVIDERS (I.E. PODIATRIST, DENTAL SERVICES, PHARMACEUTICALS AND OPTOMETRY). THIS DIVISION IS LICENSED BY THE ILLINOIS DEPARTMENT OF PUBLIC HEALTH AND IS CERTIFIED FOR MEDICARE AND MEDICAID RECIPIENTS. DURING THE YEAR 2024, THIS FACILITY PROVIDED APPROXIMATELY 33,480 RESIDENT CARE DAYS.
RIVERSIDE SENIOR LIVING CENTER OPERATES AN ASSISTED LIVING COMMUNITY DESIGNED TO PROVIDE QUALITY CARE AND HOUSING OF THOSE NOT ABLE TO LIVE INDEPENDENTLY. ALL THE SAME SERVICES THAT INDEPENDENT...
RIVERSIDE SENIOR LIVING CENTER OPERATES AN ASSISTED LIVING COMMUNITY DESIGNED TO PROVIDE QUALITY CARE AND HOUSING OF THOSE NOT ABLE TO LIVE INDEPENDENTLY. ALL THE SAME SERVICES THAT INDEPENDENT LIVING RESIDENTS RECEIVE ARE ALSO AVAILABLE TO THOSE IN THE ASSISTED LIVING COMMUNITY. THE RESIDENTS OF THE ASSISTED LIVING COMMUNITY ALSO RECEIVE THREE MEALS DAILY AND ASSISTANCE WITH CERTAIN LIVING ACTIVITIES AS THE INDIVIDUAL RESIDENT MAY REQUEST. IN 2024, APPROXIMATELY 148 OF THE 176 UNITS WERE OCCUPIED FOR THE ENTIRE YEAR.
RIVERSIDE SENIOR LIVING CENTER OPERATES AN INDEPENDENT LIVING RETIREMENT COMMUNITY DESIGNED TO PROVIDE HOUSING IN THE FORM OF EITHER AN APARTMENT OR A HOUSE. A VARIETY OF SERVICES ARE OFFERED FOR...
RIVERSIDE SENIOR LIVING CENTER OPERATES AN INDEPENDENT LIVING RETIREMENT COMMUNITY DESIGNED TO PROVIDE HOUSING IN THE FORM OF EITHER AN APARTMENT OR A HOUSE. A VARIETY OF SERVICES ARE OFFERED FOR RESIDENTS INCLUDING HOUSEKEEPING, UTILITIES, MAINTENANCE, TRANSPORTATION, SECURITY MONITORING, A 24-HR CALL SYSTEM, A FULL ARRAY OF RECREATIONAL SOCIAL PROGRAMS, LAWN CARE AND SNOW REMOVAL. THERE ARE APPROXIMATELY 90 INDEPENDENT LIVING UNITS OF WHICH APPROXIMATELY 59 WERE OCCUPIED THE ENTIRE YEAR AND 25 ESTATE HOMES OF WHICH ALL WERE FULL ALL YEAR.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $30,393,381 | $27,599,711 | +0.1% |
| Expenses | $28,801,842 | $27,138,342 | +0.1% |
| Net Income | $1,591,539 | $461,369 | +2.4% |
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| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| BRUCE PAYNE | CHAIRMAN (THROUGH 6/21/24) | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| DAVID TYSON | VICE CHAIRMAN | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| LINDA MITCHELL EDD | SECRETARY | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| MAGGIE FROGGE | CHAIRMAN (START 6/21/24) | 1.0 |
Officer
Director
|
$0 | $0 | $0 |
| PHIL KAMBIC | PRESIDENT/CEO | 1.0 |
Officer
Director
|
$0 | $257,056 | $1,679,403 |
| JEFF BENNETT | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| JEFFREY HAMMES | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| JERRY HOEKSTA | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| MICHAEL O'GORMAN | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| NORMAN STRASMA | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| RITU CHANDAN | DIRECTOR/PHYSICIAN | 1.0 |
Director
|
$0 | $47,301 | $415,192 |
| YVONNE CHRISTIAN-WILLIAMS | DIRECTOR | 1.0 |
Director
|
$0 | $0 | $0 |
| PATRICIA K VILT | TREASURER/CFO | 1.0 |
Officer
|
$0 | $242,633 | $822,265 |
| REBECCA SCHILITZ | VP OF POST ACUTE CARE | 20.0 |
Key Emp
|
$0 | $55,579 | $346,853 |
| BENJAMIN MARCH | EXECUTIVE DIRECTOR | 40.0 |
Highest
|
$143,241 | $22,284 | $165,525 |
| BETH SMITH | REGISTERED NURSE | 40.0 |
Highest
|
$115,594 | $13,779 | $129,373 |
| HOLLY HARDER | CLINIC TEAM LEAD | 40.0 |
Highest
|
$116,265 | $31,076 | $147,341 |
| ROXANNE FEAR | ADMINISTRATOR | 40.0 |
Highest
|
$155,557 | $4,890 | $160,447 |
| SHELLEY HARTMAN | ADMINISTRATOR - MEMORY CARE | 40.0 |
Highest
|
$117,838 | $4,665 | $122,503 |
| BILL DOUGLAS | FORMER OFFICER | 0.0 |
|
$0 | $56,499 | $184,196 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $30,393,381 | $28,801,842 | $78,053,664 | $1,591,539 |
| 2023 | $27,599,711 | $27,138,342 | $71,341,144 | $461,369 |
| 2022 | $24,876,423 | $26,844,889 | $70,132,858 | $-1,968,466 |
| 2021 | $27,145,214 | $25,492,936 | $81,233,643 | $1,652,278 |
| 2020 | $28,565,787 | $25,451,005 | $82,056,868 | $3,114,782 |
| 2019 | $28,191,642 | $27,248,169 | $77,496,114 | $943,473 |
| 2018 | $28,368,271 | $27,684,145 | $74,500,439 | $684,126 |
Compare RIVERSIDE SENIOR LIVING CENTER with other nonprofits in Illinois and across the country.