Loretto Independent Living Services Inc
83% goes to programs $0 to raise $100 Growing revenue
Loretto Independent Living Services Inc is a 501(c)(3) organization based in N Syracuse, New York, registered in 1995, with $77,099,966 in FY2024 revenue. CharityIndex grades it B+, and it directs about 83% of spending to programs.
100 Malta Ln, N Syracuse, NY, 13212 EIN 16-1470454 Since 1995
Revenue (FY2024)
$77.1M
▲ 4.1% vs prior year
Human Services median: $293K
Expenses (FY2024)
$77.0M
Net assets
$18.0M
Employees
0
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
B+
B+Program efficiency40% of the rating83% to programs · $0 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Loretto Independent Living Services Inc: 83% to programs · $0 to raise $100 earns a B+ on this criterion. See the exact thresholds →
BFinancial health25% of the rating3 mo reserves · +0% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Loretto Independent Living Services Inc: 3 mo reserves · +0% margin earns a B on this criterion. See the exact thresholds →
AGovernance25% of the rating5 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Loretto Independent Living Services Inc: 5 of 6 checks met earns a A on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Loretto Independent Living Services Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
To coordinate and provide healthcare for the frail elderly in onondaga county.
Contact & location
- Address
- 100 Malta Ln, N Syracuse, NY, 13212
- City
- N Syracuse
- State
- New York
- Category
- Human Services
- Subcategory
- Residential Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $64.0M (FY2020) to $77.1M (FY2024) across 5 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $18.7MNet assets $18.0M
Operating margin
0.1%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$36.7M
Total liabilities
$18.7M
Net assets
$18.0M
Salaries & benefits
$32.1M
42% of expenses
Board members
7
4 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $77,099,966▲4.1% | $77,037,684▲6.6% | $17,975,952▲3.7% | $36,702,988▲11.5% | 990 |
| 2023 | $74,036,593▲23.2% | $72,238,745▲19.2% | $17,336,276▲11.6% | $32,923,880▼13.6% | 990 |
| 2022 | $60,091,908▼0.1% | $60,618,469▼0.5% | $15,538,428▼4.2% | $38,113,234▲7.0% | 990 |
| 2021 | $60,174,609▼6.0% | $60,927,747▼5.6% | $16,220,435▲2.3% | $35,624,449▲9.1% | 990 |
| 2020 | $64,014,704 | $64,511,542 | $15,861,109 | $32,662,553 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Brandon Claps | Chief Information Officer | 1 | — |
| Brenda Ko | Board Member, | 1 | — |
| Cora Alsante | Board Member | 1 | — |
| David Heisig | Medical Director | 40 | — |
| Holly Hoehner | Vice President, General Counsel | 1 | — |
| Jennifer Ingerson | Vice President, Housing | 1 | — |
| Joelle Margrey | Chief Nursing Officer | 1 | — |
| John Murray | Chief Financial Officer | 1 | — |
| Julie Sheedy | Chief Marketing and Engagement Officer | 1 | — |
| Kimberly Townsend | Ceo/president | 1 | — |
| Nancy Williams | Chief People Officer | 1 | — |
| Stephanie Button | Vice President, Pace | 1 | — |
| Vicki O'neill | Board Member | 1 | — |
| Vincent Sweeney | Board Member | 1 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Pharmastar | Healthcare | $7,136,630 |
| St Joseph's | Healthcare | $2,667,291 |
| St Camillus | Healthcare | $1,771,013 |
| Crouse | Healthcare | $1,543,973 |
| University Hospital | Healthcare | $1,322,050 |
Grants received · $11K total
1 grant to Loretto Independent Living Services Inc totaling $11K, reported by foundations on their Schedule I filings.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| National Association For the Exchange of Industrial Resources I | Care of ill, needy, or minor | 2014 | $11,059 |
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Compare Loretto Independent Living Services Inc
Frequently asked questions
- Is Loretto Independent Living Services Inc a legitimate nonprofit?
- Yes. Loretto Independent Living Services Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 16-1470454, based in N Syracuse, New York. Donations are tax-deductible.
- What is Loretto Independent Living Services Inc's EIN?
- Loretto Independent Living Services Inc's Employer Identification Number (EIN) is 16-1470454.
- How much revenue does Loretto Independent Living Services Inc report?
- Loretto Independent Living Services Inc reported $77,099,966 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Loretto Independent Living Services Inc's spending goes to programs?
- Loretto Independent Living Services Inc spends about 83% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Loretto Independent Living Services Inc have?
- CharityIndex grades Loretto Independent Living Services Inc B+, based on program efficiency and fundraising cost.
- How much does Loretto Independent Living Services Inc's highest-paid employee make?
- The highest reported compensation on Loretto Independent Living Services Inc's latest Form 990 is $0, paid to Brandon Claps (Chief Information Officer).
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Data for Loretto Independent Living Services Inc (EIN 16-1470454) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.