ST LUKE SERVICES CORPORATION

EIN: 815232014 501(c)(3) Housing & Shelter

OSWEGO, NY

Total Revenue
$2,788,294
Total Expenses
$2,793,664
Total Assets
$1,829,460
Net Assets
$230,460
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2017
Legal Domicile
NY
Principal Officer
JEROME MIRABITO
Phone
3153423166
Tax Period
2024-01-01 to 2024-12-31

ST LUKE SERVICES CORPORATION, founded in 2017, is a community nonprofit in the Housing & Shelter sector that reported $2.8M in total revenue in fiscal year 2024. Revenue surged 26% from the prior year, signaling strong growth momentum.

Mission

THE CHARITABLE PURPOSE FOR WHICH THE CORPORATION IS FORMED IS TO RELIEVE THE POOR AND DISTRESSED AND TO ADVANCE THE HEALTH AND SOCIAL WELL-BEING OF ELDERLY, DISABLED, UNDERPRIVILEDGED AND OTHERWISE NEEDY PERSONS LIVING IN OSWEGO NEW YORK AND ITS SURROUNDING COMMUNITIES BY ADVISING AND ASSISTING IN THE PLANNING AND COORDINATION OF THE ACTIVITIES AND FUNCTIONS OF: (A) ST. LUKE RESIDENTIAL HEALTH CARE FACILITY, INC.;(B)BISHOP'S COMMONS, INC.; (C) ST. FRANCIS COMMONS, INC.; (D) THE ST. LUKE JOHN FOSTER BURDEN CORPORATION; AND (E) SUCH OTHER NONPROFIT ORGANIZATIONS RECOGNIZED UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF 1986, AS AMENDED, AS MAY HEREAFTER BE AFFILIATED WITH THE ABOVE NOT-FOR-PROFIT CORPORATIONS.

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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 $2,788,294
Investment Income $0
Other Revenue $0
TOTAL REVENUE $2,788,294

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,180,490
Fundraising Expenses $0
Program Expenses $1,566,016
Other Expenses $1,613,174
TOTAL EXPENSES $2,793,664

Year-over-Year Comparison

2024 2023 Change
Revenue $2,788,294 $2,208,552 +0.3%
Expenses $2,793,664 $2,074,672 +0.3%
Net Income $-5,370 $133,880 -1.0%
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
7
Independent Members
6
Employees
24
Volunteers
6

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
4
$0
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BRIAN CASWELL MEMBER 1.00
Director
$0 $0 $0
JEROME MIRABITO PRESIDENT 1.00
Officer Director
$0 $0 $0
STEPHEN FRAWLEY MEMBER 1.00
Director
$0 $0 $0
MICHAEL POLLACK VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
MICHAEL CULLINAN SECRETARY 1.00
Officer Director
$0 $0 $0
CATHERINE GILL TREASURER 2.00
Officer Director
$0 $0 $0
ALLISON NELSON MEMBER 1.00
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 $2,788,294 $2,793,664 $1,829,460 $-5,370
2023 $2,208,552 $2,074,672 $939,834 $133,880
2022 $2,327,187 $2,870,442 $684,005 $-543,255
2021 $2,696,368 $2,203,968 $1,164,061 $492,400
2020 $2,506,540 $2,157,155 $754,982 $349,385
2019 $1,992,511 $2,024,205 $251,126 $-31,694
2018 $2,073,799 $2,071,848 $229,174 $1,951
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