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LORETTO HEALTH & REHABILITATION CENTER

SYRACUSE, NY · EIN 200503099 · Form 990 · FY2023 · NTEE E91 · Health Care · Very Large (>$50M)
revenue
$70.1M
expenses
$78.8M
net assets
$-13.7M
employees
1,030
program ratio
93%
mission · from form 990

RESIDENTIAL HEALTH CARE FACILITY

profile · synthesized from sources

Loretto Health & Rehabilitation Center is a residential health care facility in Syracuse, NY, providing medical, rehabilitative, and adult day care services to adults over 21 in Central New York. The organization offers post-surgical recovery, physical, occupational, and speech therapy, and operates a medical day program to support community-based living. Services are designed to maximize patient independence, comfort, and recovery from illness or injury.

irs program accomplishments · form 990 part iii · fy2023

What they reported doing

  1. #1 primary $146K
    LORETTO'S ADULT MEDICAL DAY PROGRAM SERVES THE MEDICAL NEEDS OF CENTRAL NEW YORK ADULTS OVER THE AGE OF 21 IN A COMFORTABLE AND SAFE DAY SETTING UP TO SIX DAYS A WEEK. DAYBREAK IS DESIGNED TO HELP ADULTS OVER 21 MAINTAIN THEIR HIGHEST LEVEL OF INDEPENDENCE WHILE CONTINUING TO LIVE IN THEIR COMMUNITY.
  2. #2 $3.76M
    LORETTO OFFERS A FULL RANGE OF REHABILITATION SERVICES INCLUDING POST-SURGICAL RECOVERY, ORTHOPEDIC REHABILITATION, PHYSICAL THERAPY, OCCUPATIONAL THERAPY, PAIN MANAGEMENT AND SPEECH THERAPY. USING BEST PRACTICES, INNOVATIVE PRACTICE AREAS AND THE NEWEST TECHNOLOGY, LORETTO'S CARING PROFESSIONAL STAFF STRIVE TO INCREASE PATIENT COMFORT AND VITALITY WHILE RECOVERING FROM SURGERY, ILLNESS OR INJURY.
named programs · 2 · from sources

What they call their work

Adult Medical Day Program (Daybreak)
Serves adults over 21 in Central New York with medical needs in a safe, comfortable day setting up to six days a week, supporting community-based living and independence.
Rehabilitation Services
Provides post-surgical recovery, orthopedic rehabilitation, physical therapy, occupational therapy, pain management, and speech therapy using innovative practices and technology to improve patient comfort and vitality.
activities · 2 groups

What they do

  • Adult Day Health Care Programs 1 activity
    • Adult Medical Day Program
      Operates an adult medical day program serving adults over 21 in Central New York, providing care up to six days a week to support independence and community living.
  • Short-Term Rehabilitation Therapy 1 activity
    • Rehabilitation Services
      Provides rehabilitation services including physical therapy, occupational therapy, speech therapy, pain management, and post-surgical and orthopedic recovery to improve patient comfort and vitality during recovery.
financials · form 990 · fy2023
revenue
Total revenue$70.13M
Contributions & grants$8.31M12%
Program service revenue$60.84M87%
Investment income$15K0%
Other revenue$955K
expenses
Total expenses$78.84M
Program expenses93%
Admin / overhead7%
Fundraising0%
Salaries & benefits$40.94M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$30.34M
Cash$590K
Investments$0
Liabilities$43.99M
Net assets$-13.65M
Liquid reserves0.1 mo
2 years on record · 2020–2023 · YoY revenue +7.8%
leadership · form 990 part vii · fy2023

Who runs it

paid leadership · 11
NameTitleHours/wkCompensation
KIMBERLY TOWNSEND PRESIDENT 10 $802K
JOHN MURRAY CFO 10 $310K
HOLLY HOEHNER VP GENERAL COUNSEL 10 $277K
DAVID HEISIG MEDICAL DIRECTOR 0 $275K
JOELLE MARGREY CNO 32 $245K
JULIE SHEEDY CHIEF MARKETING AND ENGAGE 10 $244K
BRANDON CLAPS CIO 10 $214K
COURTNEY LYON ADMINISTRATOR 40 $169K
LORI SAKALAS FORMER COO 10 $162K
NANCY WILLIAMS CPO 1 $127K
CHRISTINE STANFORD COO 10 $93K
board members · 4
  • JOEL AMIDON — BOARD MEMBER
  • JOHN BRENNAN — BOARD MEMBER, SECRETARY
  • JOHN MCCABE — BOARD MEMBER
  • KEVIN BRYANS — BOARD MEMBER, CHAIR
strategies · 1

How they approach the work

Named approaches extracted from this org’s sources. Where others share an approach, follow it to see the full set of orgs running it.

  • Innovative Rehabilitation Care
    methodology: innovative_rehabilitation_care
    By applying best practices, innovative methods, and advanced technology in rehabilitation, we improve patient comfort and recovery outcomes because modern clinical approaches enhance treatment efficacy and patient engagement.