AUDUBON RETIREMENT VILLAGE INC

EIN: 842278120 501(c)(3) Human Services

NEW ORLEANS, LA

Total Revenue
$14,231,317
Total Expenses
$13,834,145
Total Assets
$30,378,423
Net Assets
$2,341,892
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2019
Legal Domicile
LA
Principal Officer
DR CHRISTOPHER LEGE
Phone
5048969388
Tax Period
2023-01-01 to 2023-12-31

AUDUBON RETIREMENT VILLAGE INC, founded in 2019, is a mid-sized nonprofit in the Human Services sector that reported $14.2M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion.

Mission

TO PROVIDE A GERIATRIC, TEACHING-NURSING FACILITY IN THE PROVISION OF [CONT'D ON SCH. O] CARE TO THE ELDERLY AND NEEDY RESIDENTS OF LOUISIANA AND TO RENDER ALL SERVICES INCIDENTAL OR ANCILLARY THERETO. SPECIFICALLY TO OFFER SERVICES INTENDED TO SATISFY THE FOLLOWING THREE PRIMARY NEEDS OF THE ELDERLY: THE NEED FOR HOUSING, THE NEED FOR HEALTH CARE, AND THE NEED FOR FINANCIAL SECURITY. OUR MISSION IS TO BE AN INNOVATIVE LEADER IN THE DEVELOPMENT AND DELIVERY OF QUALITY HEALTH CARE SERVICES, AND TO BE COMMITTED TO A LEARNING ENVIRONMENT THAT ATTRACTS AND DEVELOPS DEDICATED CARE GIVERS.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $14,224,829
Investment Income $0
Other Revenue $6,488
TOTAL REVENUE $14,231,317

Expense Breakdown

Grants Paid $400
Salaries & Benefits $6,725,913
Fundraising Expenses $0
Program Expenses $13,834,145
Other Expenses $7,107,832
TOTAL EXPENSES $13,834,145

Year-over-Year Comparison

2023 2022 Change
Revenue $14,231,317 $12,598,742 +0.1%
Expenses $13,834,145 $11,935,406 +0.2%
Net Income $397,172 $663,336 -0.4%
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
3
Independent Members
N/A
Employees
287
Volunteers
N/A

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
1
$321,932
Total Directors
6
$4,381,772
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
AYAME DINKLER THROUGH JULY PRESIDENT 5.00
Officer Director
$0 $18,943 $321,932
JOHN HEATON THROUGH JULY DIRECTOR 5.00
Director
$0 $31,962 $1,115,541
MANNY LINARES AUG - DEC DIRECTOR 5.00
Director
$0 $31,901 $996,408
JOANN KUNKEL THROUGH JULY DIRECTOR 5.00
Director
$0 $20,607 $1,142,251
STEPHEN BALDWIN AUG - DEC DIRECTOR 5.00
Director
$0 $24,929 $384,203
JAY PENNISSON AUG - DEC DIRECTOR 5.00
Director
$0 $29,698 $421,437
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 No data No data No data No data
2023 $14,231,317 $13,834,145 $30,378,423 $397,172
2022 $12,598,742 $11,935,406 $31,047,342 $663,336
2021 $8,171,678 $8,127,280 $28,969,027 $44,398
2020 $9,277,677 $8,202,998 $18,636,831 $1,074,679
2019 $1,626,777 $1,464,470 $14,284,930 $162,307
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