Purchase Senior Learning Community Inc

EIN: 611816180 501(c)(3) Housing & Shelter

Purchase, NY

Total Revenue
$23,331,159
Total Expenses
$35,696,425
Total Assets
$417,456,378
Net Assets
$-35,228,469
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2016
Legal Domicile
NY
Phone
9142516000
Tax Period
2024-07-01 to 2025-06-30

Purchase Senior Learning Community Inc, founded in 2016, is a mid-sized nonprofit in the Housing & Shelter sector that reported $23.3M in total revenue in fiscal year 2024. Revenue surged 79% from the prior year, signaling strong growth momentum. Expenses of $35.7M exceeded revenue, resulting in a 53% operating deficit.

Mission

To develop & operate a senior learning house community on the grounds of SUNY, Purchase College.

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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 $0
Program Service Revenue $20,825,329
Investment Income $2,505,830
Other Revenue $0
TOTAL REVENUE $23,331,159

Expense Breakdown

Grants Paid $0
Salaries & Benefits $7,710,695
Fundraising Expenses $0
Program Expenses $29,803,760
Other Expenses $27,985,730
TOTAL EXPENSES $35,696,425

Year-over-Year Comparison

2024 2023 Change
Revenue $23,331,159 $13,053,214 +0.8%
Expenses $35,696,425 $17,004,393 +1.1%
Net Income $-12,365,266 $-3,951,179 +2.1%
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

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Governance

Voting Members
14
Independent Members
14
Employees
122
Volunteers
15

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
3
$0
Total Directors
14
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Elizabeth C Robertson Chairman/President 8.0
Officer Director
$0 $0 $0
Kevin Plunkett Vice Chairman 5.0
Officer Director
$0 $0 $0
Carl Austin Board Member 1.0
Director
$0 $0 $0
Dr Kaare Weber Board Member 1.0
Director
$0 $0 $0
Drew Fung Board Member 1.0
Director
$0 $0 $0
Earle Yaffa Board Member 1.0
Director
$0 $0 $0
Ernie Palmieri Board Member 1.0
Director
$0 $0 $0
Judith J Nolan Board Member 1.0
Director
$0 $0 $0
Kelly Jackson Board Member 1.0
Director
$0 $0 $0
Laura Brett Board Member 1.0
Director
$0 $0 $0
Michael Kopas Board Member 1.0
Director
$0 $0 $0
Michelle Ifill Board Member 1.0
Director
$0 $0 $0
Milagros Pea Board Member 1.0
Director
$0 $0 $0
Simon Turner Board Member 1.0
Director
$0 $0 $0
Wayne M Rush Vice President, Secretary, & Treasurer 15.0
Officer
$0 $0 $0
Amy Post Marketing Director 40.0
Highest
$231,690 $34,829 $266,519
Brittaney Jones-Alleyne Director of Health Services 40.0
Highest
$150,890 $10,230 $161,120
Clifford Saladin Executive Chef 40.0
Highest
$118,828 $32,468 $151,296
Tina Witthoefft Residency Counselor 40.0
Highest
$162,808 $11,595 $174,403
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 $23,331,159 $35,696,425 $417,456,378 $-12,365,266
2024 No data No data No data No data
2023 $2,381,069 $2,430,033 $454,257,468 $-48,964
2022 $50,907 $2,892,712 $444,361,714 $-2,841,805
2021 No data $2,419,926 $28,355,738 No data
2020 No data $3,636,025 $22,571,753 No data
2020 No data $3,636,025 $22,571,753 No data
2019 $1,035,021 $2,084,144 $18,422,597 $-1,049,123
2019 $1,035,021 $2,084,144 $18,422,597 $-1,049,123
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