Overview
What is Loretto Health & Rehabilitation Center?
Loretto Health & Rehabilitation Center is a nonprofit residential healthcare facility located at 700 E Brighton Ave, Syracuse, NY 13205. The center comprises 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, making it the largest of its kind in Central New York. Dedicated to honoring, serving, and empowering elders and their caregivers, Loretto embraces a heritage of faith to help those in their care live with purpose, wholeness, and dignity. With a workforce of 825 employees, the center offers comprehensive healthcare services to ensure the well-being of its residents.
Official website here: www.loretto-cny.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Loretto Health & Rehabilitation Center has received an 81% score from Charity Navigator, reflecting a solid commitment to accountability and financial practices. This rating, based entirely on the Accountability & Finance beacon, indicates the organization maintains high standards in these areas, which is a positive sign for potential donors and stakeholders.
The organization boasts a fully independent board, with 100% of its members meeting the independence criteria. Additionally, Loretto demonstrates strong financial oversight, with a high program expense ratio of 91.47%, indicating that a significant portion of its funds directly supports its mission. The presence of policies for conflict of interest, whistleblower protections, and proper document retention further enhances its accountability.
However, while the financial management score is commendable, the relatively high salaries of key personnel may raise some concerns regarding compensation practices. Overall, Loretto Health & Rehabilitation Center illustrates a strong foundation in financial accountability, yet there may be room for improvement in addressing perceptions around executive compensation.
This AI summary has been generated from information found on Charity Navigator.
Is Loretto Health & Rehabilitation Center legitimate?
Loretto Health & Rehabilitation Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Loretto Health & Rehabilitation Center submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $596,631
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
Official website here: www.loretto-cny.org
What is the mission statement of Loretto Health & Rehabilitation Center?
The Loretto Health & Rehabilitation Center is dedicated to providing residential healthcare services with a mission to honor, serve, and empower every elder and those who care for them to live with purpose, wholeness, and dignity. Rooted in a rich heritage of faith, this facility offers long-term care in a 13-floor, 487-bed skilled nursing facility and short-term rehabilitation in a 96-bed residential program called Fahey Rehab - the largest in Central New York.
Official website here: www.loretto-cny.org
Who is the CEO of Loretto Health & Rehabilitation Center?
John Murray is the Board Member, Chair of Loretto Health & Rehabilitation Center.
Official website here: www.loretto-cny.org
What is the revenue of Loretto Health & Rehabilitation Center?
Loretto Health & Rehabilitation Center's revenue in 2022 was $63,363,776.
Official website here: www.loretto-cny.org
Who are the executives of Loretto Health & Rehabilitation Center and what are their salaries?
The average compensation at Loretto Health & Rehabilitation Center during 2022 was $723. There are 825 employees at Loretto Health & Rehabilitation Center.
Here are 13 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $201,685
- Related: $605,055
- Other: $58,527
- Compensation: $78,043
- Related: $234,128
- Other: $15,447
- Compensation: $50,042
- Related: $150,124
- Other: $3,759
- Compensation: $0
- Related: $273,074
- Other: $27,294
- Compensation: $189,225
- Related: $47,306
- Other: $31,739
- Compensation: $58,919
- Related: $176,757
- Other: $37,337
- Compensation: $66,959
- Related: $200,876
- Other: $57,362
- Compensation: $56,522
- Related: $169,570
- Other: $21,197
- Compensation: $0
- Related: $207,068
- Other: $25,384
Official website here: www.loretto-cny.org
Where can I find the form 990 for Loretto Health & Rehabilitation Center?
Loretto Health & Rehabilitation Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.loretto-cny.org
Learn more at the official website: www.loretto-cny.org
Mission Statement of Loretto Health & Rehabilitation Center
Loretto Health & Rehabilitation Center, a renowned residential healthcare facility, is deeply rooted in a rich heritage of faith, honor, service, and empowerment. Dedicated to enhancing the lives of every elder and those who care for them, Loretto believes in enabling individuals to live with purpose, wholeness, and dignity.
The organization comprises two primary programs: the Cunningham Building and Fahey Rehab. The Cunningham Building houses a 13-floor, 487-bed long-term care skilled nursing facility. This essential component of Loretto provides comprehensive care for those requiring extended medical attention. Meanwhile, Fahey Rehab, a 96-bed short-term residential rehabilitation program, is the largest of its kind in Central New York. Specializing in post-acute recovery, Fahey Rehab empowers patients to regain their strength and independence through intensive rehabilitation services.
Loretto Health & Rehabilitation Center's mission is to uphold a nurturing environment where every resident experiences holistic care, focusing on their unique physical, emotional, and spiritual needs. The team of compassionate professionals at Loretto is committed to fostering a sense of community, respect, and dignity for all, enabling them to reach their full potential as they journey towards wellness.
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Impact
October, 2024
Loretto Health & Rehabilitation Center significantly impacts the community by providing essential residential health care services. The facility consists of the Cunningham Building, a comprehensive 487-bed long-term skilled nursing care center, and Fahey Rehab, which is the largest 96-bed short-term residential rehabilitation program in Central New York.
At the heart of Loretto’s mission is the commitment to honor, serve, and empower every elderly individual, fostering an environment where they can live with purpose, wholeness, and dignity. This focus not only improves the quality of life for residents but also enriches the lives of their families and caregivers, creating a holistic support system. By offering specialized health care services, Loretto addresses the diverse needs of its residents, ensuring they receive compassionate, personalized care in a nurturing environment. This dedication to the wellbeing of elders enhances the overall health landscape of Syracuse and the surrounding areas.
This information is meant to be a general summary of Loretto Health & Rehabilitation Center. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $5,059
- Program Service Revenue: $56,870,503
- Gross Receipts: $63,363,776
Assets and Liabilities:
- Total Assets: $30,831,988
- Total Liabilities: $36,148,874
- Net Assets: -$5,316,886
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET RESIDENTIAL SERVICE REVENUE
Revenue
$56,870,503
Organization Details
Founding Year
2004
Phone
(315) 469-5570Principal Officer
John Murray
Main Address
700 E BRIGHTON AVE, SYRACUSE, NY, 13205
Website
www.loretto-cny.orgNTEE Category
Code: E91 - Health
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