named programs · 1 · from sources
What they call their work
Independent Living Residences
Maintenance-free one- and two-bedroom apartments and cottages for seniors, offering life-enriching activities, amenities, and social engagement opportunities in a community setting
activities · 2 groups
What they do
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Senior Congregate Centers 1 activity
- Operates independent senior living communitiesManages five independent senior living communities in the Albany/Capital District area of upstate New York, providing maintenance-free residences with one- and two-bedroom apartments and cottages, along with life-enriching activities and amenities.
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Continuing Care Retirement Communities 1 activity
- Provides long-term care services for seniorsOffers a complete continuum of long-term care services to seniors, supporting their ongoing health and well-being.
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financials · form 990 · fy2024
revenue
Total revenue$18.07M
Contributions & grants$4K0%
Program service revenue$13.80M76%
Investment income$3.65M20%
Other revenue$612K
expenses
Total expenses$17.29M
Program expenses94%
Admin / overhead6%
Fundraising0%
Salaries & benefits$9.10M
Grants paid out$1.38M
Largest expense lineCompensation
balance sheet
Total assets$69.13M
Cash$129K
Investments$62.64M
Liabilities$1.48M
Net assets$67.65M
Liquid reserves43.6 mo
3 years on record · 2020–2024 · YoY revenue +34.2%
leadership · form 990 part vii · fy2024
Who runs it
paid leadership · 14
| Name | Title | Hours/wk | Compensation |
|---|---|---|---|
| DANIEL ISACKSEN | DIRECTOR; TRINITY HEALTH EVP, CFO | 0 | $2.83M |
| STEVEN HANKS MD | DIRECTOR; PRESIDENT & CEO | 0 | $1.76M |
| THOMAS ROBERT | VP & CFO, NY REGION THRU 11/24 | 0 | $1.13M |
| KIM BAKER | FMR OFFICER; SPHP SVP HOSPITAL OPS | 0 | $938K |
| JULIE EDMUNDS SMITH | VP & CFO, NY REG AS OF 11/24 | 0 | $472K |
| MICHELLE MAZZACCO | EVP, CONTINUING CARE | 1 | $459K |
| KRISTIN SIGNOR | VP FINANCE OPERATIONS, CONT CARE | 1 | $357K |
| ERIC FARRELL | SECRETARY, ASSOC COUNSEL, NY REGION | 0 | $327K |
| SANDRA SULLIVAN-SMITH | VP REGIONAL OPERATIONS CONT CARE | 1 | $297K |
| KRISTEN LANKENAU | NURSING MANAGER, LONG-TERM CARE | 50 | $170K |
| ALEXANDRA SMITH | EXECUTIVE DIRECTOR | 50 | $152K |
| JAMES REED MD | FORMER OFFICER | 0 | $148K |
| BARBARA FALKENBERG | NURSE SENIOR, CASE MANAGEMENT | 50 | $141K |
| GINA MYERS PHD | DIRECTOR; CONSULTANT | 0 | $381 |
board members · 11
- GUHA BALA — DIRECTOR
- JOHN MARSHALL — DIRECTOR; TREASURER
- KATHLEEN JIMINO — DIRECTOR; CHAIR
- KERRI SWEET ZAVAGLIA ESQ — DIRECTOR
- LEE MCELROY JR — DIRECTOR THROUGH 12/24
- MARY ANN LOGIUDICE RSM — DIRECTOR THROUGH 12/24
- MERRIETTE POLLARD — DIRECTOR
- MICHAEL MEATH — DIRECTOR
- OLUWATOYIN TOFADE PHD — DIRECTOR
- ROBERT MCCORMICK — DIRECTOR
- WILLIAM WILDRIDGE III — DIRECTOR; VICE CHAIR
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.
- Continuum of Care Modelmethodology: continuum_of_careBy offering a full spectrum of long-term care services, the organization meets evolving patient needs over time, because integrated care across multiple levels improves continuity, reduces transitions, and supports better health outcomes.
- Independent Living Modelmethodology: independent_living_modelBy providing residences that remove home maintenance burdens and foster social engagement, the organization supports sustained independence and well-being, because reducing daily stressors and promoting connection enables older adults to maintain autonomy and quality of life.