Charity Impact Media

Home › Health care

Loretto Health & Rehabilitation Center

Syracuse, NY · EIN 20-0503099 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Loretto Health & Rehabilitation Center reported $73.7 million in revenue and $82.0 million in expenses for calendar year 2024. Of every $100 it spent, $91.90 went to program services, $8.10 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 96.8% of the total. The highest compensation it reported for one person was $637,588 (PRESIDENT). 41 people received more than $100,000 in reportable compensation. Revenue rose 3% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $82M

For context, the median across 5,634 covered health care charities: $86.19 programs, $13.81 management, $0.00 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $74M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 5,634 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
91.9%85.6%
Management & general
Part IX 25(C) ÷ 25(A)
8.1%13.7%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.00
Contributions & grants share of revenue
Part VIII 1h ÷ 12
2.3%1.3%
Government grants share of revenue
Part VIII 1e ÷ 12
1.9%0.1%
Program service revenue share
Part VIII 2g ÷ 12
96.8%93.7%
Highest reported compensation
Part VII-A, columns D–F
$637,588$975,831
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
0.78%1.34%
People paid over $100,000
Part VII, line 2
4127
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-3.26.6
Independent voting board members
Part VI 1a–1b
4 of 488.9%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$72M expenses · 95.5% of program spending · revenue $66M

The Loretto Health and Rehabilitation Center is comprised of the cunningham building, a 13-floor, 487-bed long-term care skilled nursing facility, and fahey rehab, a 96-bed short-term residential rehabilitation program - the largest in central new york

$3.4M expenses · 4.5% of program spending · revenue $6.0M

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

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT
Director/trustee, officer, 1.00 hrs/week
$0$609,681$27,907$637,588
CFO
Director/trustee, officer, 1.00 hrs/week
$0$299,513$4,334$303,847
VP GENERAL COUNSEL
Highest compensated employee, 1.00 hrs/week
$0$274,608$3,976$278,584
MEDICAL DIRECTOR
Highest compensated employee, 1.00 hrs/week
$0$274,997$0$274,997
CNO
Key employee, 1.00 hrs/week
$0$270,163$3,748$273,911
CHIEF MARKETING AND ENGAGE
Highest compensated employee, 1.00 hrs/week
$0$251,743$3,797$255,540
CPO
Key employee, 1.00 hrs/week
$0$239,101$468$239,569
CIO
Key employee, 1.00 hrs/week
$0$222,214$3,490$225,704

41 people received more than $100,000 in reportable compensation from Loretto Health & Rehabilitation Center (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$25M$50M$75M$100M201920202021202220232024$74M$82M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$74M$82M91.9%−$22M$637,588
2023 ⓘ$70M$79M93.0%−$14M$802,458
2022 ⓘ$63M$72M93.1%−$5.3M$865,267
2021 ⓘ$69M$66M90.5%$2.7M$541,978
2020 ⓘ$65M$72M90.7%−$5.1M$586,875
2019 ⓘ$71M$74M91.7%−$182K$555,845

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b4 · 4 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4Yes
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 50

Largest outside contractors

2024 · Form 990, Part VII, Section B · businesses only
THERADYNAMICS
Therapy services
$6,045,169
CENTURY HEALTH CAPITAL INC
Mortgage services
$2,072,131
PHARMSCRIPT LLC
Pharmacy services
$1,673,381
MCKESSON MEDICAL-SURGICAL MN SUPPLY INC
Supplies
$1,217,568
NATIONAL GRID
Electric and gas services
$853,995

Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.

Private foundation grants it received

1 private foundation reported grants to Loretto Health & Rehabilitation Center totaling $150K on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Loretto Health & Rehabilitation Center's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Loretto Health & Rehabilitation Center, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All health care charities · Largest charities in New York

Questions people ask

How much of Loretto Health & Rehabilitation Center's spending goes to programs?

In calendar year 2024, Loretto Health & Rehabilitation Center reported that 91.9% of its $82.0 million in expenses went to program services, 8.1% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Loretto Health & Rehabilitation Center pay its top executive?

The largest total compensation Loretto Health & Rehabilitation Center reported for one person in calendar year 2024 was $637,588, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Loretto Health & Rehabilitation Center get its money?

Of $73.7 million in revenue in calendar year 2024, 2.3% came from contributions and grants (including 1.9% from government grants) and 96.8% from program service revenue (Form 990, Part VIII).

Is Loretto Health & Rehabilitation Center a registered charity?

The IRS lists EIN 20-0503099 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202503149349306080 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202443209349303814 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202343199349311199 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202223159349301692 · read the filing
  • 2020: Form 990 for calendar year 2020, object 202133199349311453 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202043199349301409 · read the filing

All filings for EIN 20-0503099: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.