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CLOVERWOOD SENIOR LIVING INC

PITTSFORD, NY · EIN 161597251 · Form 990 · FY2024 · NTEE L22 · Housing & Shelter · Large ($10M-$50M) · cloverwood.org
revenue
$15.7M
expenses
$15.6M
net assets
$-20.1M
employees
273
volunteers
24
program ratio
79%
mission · from form 990

CLOVERWOOD IS AN EXCEPTIONAL SENIOR LIVING COMMUNITY THAT ENABLES RESIDENTS TO ENJOY AN ACTIVE AND INDEPENDENT LIFESTYLE WITH COMPANIONSHIP AND PEACE OF MIND IN A STIMULATING AND SECURE ENVIRONMENT.

profile · synthesized from sources

Cloverwood Senior Living Inc is a senior living community in Pittsford, NY, offering independent living through patio homes and apartments for older adults. The community emphasizes an active, maintenance-free lifestyle with access to amenities, cultural activities, and dining services. Residents benefit from a secure environment with future access to on-site assisted living, memory care, and nearby skilled nursing care.

named programs · 5 · from sources

What they call their work

Apartment Homes
One- and two-bedroom apartments located in the main building with easy access to amenities, elevators, and shared porches
Cultural Arts and Activities
Monthly programs and events including art exhibits, educational opportunities, and recreational activities to support engagement and personal growth
Exceptional Dining Options
Restaurant-style dining with seasonal, cooked-to-order meals using fresh, local ingredients, available for residents and guests
Future Care Access
Preferred consideration for on-campus assisted living and memory care at Glenmere, and nearby skilled nursing care at the Friendly Home
Patio Homes
Spacious, single-level homes with private decks or patios, full kitchens, and optional finished lower levels and garages, designed for independent living
activities · 4 groups

What they do

  • Continuing Care Retirement Communities 1 activity
    • Facilitate access to higher levels of care
      Provides residents with preferred consideration for admission to on-campus assisted living, memory care, and skilled nursing facilities as needs change.
  • Luxury Senior Living Communities 1 activity
    • Operate senior living community with independent living options
      Provides a secure senior living environment with independent living options in patio homes and apartments, offering access to personal services and amenities. Units include full appliances, in-unit laundry, and outdoor access, with some featuring optional dens, fireplaces, sunrooms, and finished lower levels with two-car garages.
  • Nonprofit-Operated Cafés and Social Enterprises 1 activity
    • Provide on-site dining and catering services
      Offers restaurant-style dining with cooked-to-order meals using fresh, local ingredients, as well as in-house catering for events such as coffee hours, cocktail parties, and lunch or dinner gatherings.
  • Community Fitness and Aquatics Programming 1 activity
    • Provide recreational and wellness amenities
      Operates a fitness center, heated indoor pool, game room, and library for resident use, supporting physical wellness and social engagement.
financials · form 990 · fy2024
revenue
Total revenue$15.72M
Contributions & grants$295K2%
Program service revenue$13.85M88%
Investment income$1.11M7%
Other revenue$460K
expenses
Total expenses$15.63M
Program expenses79%
Admin / overhead21%
Fundraising0%
Salaries & benefits$7.70M
Grants paid out$0
Largest expense lineCompensation
balance sheet
Total assets$48.58M
Cash$2.52M
Investments$10.78M
Liabilities$68.73M
Net assets$-20.15M
Liquid reserves10.2 mo
3 years on record · 2020–2024 · YoY revenue +10.9%
leadership · form 990 part vii · fy2024

Who runs it

paid leadership · 6
NameTitleHours/wkCompensation
GLEN COOPER CEO 1 $538K
MICHAEL PERROTTA SENIOR VP OF HOUSING 40 $237K
CHRISTINE JOHNSON CFO 2 $234K
MICHAEL MACRI EXECUTIVE CHEF 40 $144K
KATHLEEN WILLIAMS DIRECTOR OF HUMAN RESOURCE 40 $129K
JULIUS KHOMITCH DIRECTOR OF DINING SERVICES 40 $101K
board members · 9
  • EDWARD CARMAN IV — DIRECTOR
  • FRANK ALLEN — DIRECTOR
  • JEAN MAESS — CHAIRPERSON
  • KEVIN PHELPS — TREASURER
  • KIMBERLY WILBORN — DIRECTOR
  • ROBERT LOWENTHAL JR — DIRECTOR
  • ROBERT PARKER — SECRETARY
  • STANLEY PECK — VICE CHAIRPERSON
  • TAMMY GARCIA-KLIPFEL — DIRECTOR
relationships · 9

Who they work with

  • Friendly Home Partner — Provides short- and long-term nursing care services near Cloverwood for residents who need healthcare.
  • Friendly Home Partner — Provides short-term rehabilitative and long-term skilled nursing care for Cloverwood residents.
  • Friendly Senior Living Network — Cloverwood Senior Living Inc is presented as part of Friendly Senior Living's portfolio of communities.
  • Friendly Senior Living Network — Cloverwood Senior Living is part of the Friendly Senior Living network.
  • Friendly Senior Living Network — Cloverwood Senior Living is presented as part of the Friendly Senior Living network.
  • Friendly Senior Living Network — Cloverwood operates under the Friendly Senior Living network.
  • Friendly Senior Living Network — Operates under the Friendly Senior Living network.
  • Glenmere Partner — Collaborates on gift card program allowing redemption at both Cloverwood and Glenmere facilities.
  • Glenmere Partner — Provides on-campus assisted living and memory care services for Cloverwood residents.
strategies · 2

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.

  • Independence Through Simplified Living
    methodology: independence-through-simplification
    By reducing daily life stressors such as home maintenance and complex possessions through right-sizing and simplified living models, residents experience greater autonomy and sustained independence, because removing burdens associated with aging in place enables more active and intentional lifestyles.
  • Residential Experience as a Driver of Well-Being
    methodology: resort-style senior living
    By offering resort-style living and restaurant-quality dining experiences, the organization enhances resident engagement and quality of life because elevated environmental and service standards foster dignity, choice, and emotional fulfillment, which support sustained well-being in later life.