Pittsfield, MA
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Holyoke Retirement Community Inc, founded in 2017, is a mid-sized nonprofit in the Housing & Shelter sector that reported $12.3M in total revenue in fiscal year 2023. Revenue decreased 7% compared to the prior year. Expenses of $15.0M exceeded revenue, resulting in a 22% operating deficit.
Holyoke Retirement Community, Inc. is a not-for-profit consumer-centered organization committed to fulfilling the health and residential needs of the population in the communities we serve.
This Corporation was formed exclusively for charitable purposes to acquire, establish, maintain and operate skilled nursing and extended care facilities and render related services to residents who...
This Corporation was formed exclusively for charitable purposes to acquire, establish, maintain and operate skilled nursing and extended care facilities and render related services to residents who are supported by the Medicaid and Medicare programs as well as by private funds.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $12,291,341 | $13,225,114 | -0.1% |
| Expenses | $14,996,275 | $14,699,096 | +0.0% |
| Net Income | $-2,704,934 | $-1,473,982 | +0.8% |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| William C Jones Jr | President & CEO | 2.68 |
Officer
|
$0 | $80,787 | $802,812 |
| Anne Kuloba | RN (blend) | 74.00 |
|
$236,966 | $196 | $237,162 |
| Dane Walton | Executive Director | 39.00 |
|
$175,068 | $0 | $175,068 |
| Immacolata C Barnard | CNA (blend) | 65.00 |
|
$132,216 | $0 | $132,216 |
| Marcia M Johnson | Dir of Nursing | 33.00 |
|
$120,147 | $0 | $120,147 |
| Jerome Anderson | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| John O'Brien | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Dr Bruce Auerbach | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Joel Feinman PhD | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Ruth Blodgett | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Richard Herrick | Vice Chair | 0.00 |
Director
|
$0 | $0 | $0 |
| Jerry Burke | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Robin McGraw | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Eileen Myers | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Carol Riordan | Chair | 0.00 |
Director
|
$0 | $0 | $0 |
| Mike Christopher | Director | 0.00 |
Director
|
$0 | $0 | $0 |
| Marcie Gingras | Clerk | 0.00 |
Officer
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | No data | No data | No data | No data |
| 2023 | $12,291,341 | $14,996,275 | $9,988,071 | $-2,704,934 |
| 2022 | $13,225,114 | $14,699,096 | $10,927,210 | $-1,473,982 |
| 2021 | $13,296,777 | $12,595,266 | $12,240,165 | $701,511 |
| 2020 | $11,740,570 | $11,573,692 | $12,003,905 | $166,878 |
| 2019 | $11,220,429 | $11,499,353 | $11,464,153 | $-278,924 |
| 2018 | $11,122,891 | $11,066,143 | $11,325,328 | $56,748 |
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