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Nonprofiteer
← MARGARETVILLE NURSING HOME INC

Form 990 for tax year 2024

Filed by MARGARETVILLE NURSING HOME INC.

Totals

Total revenue
$5,341,106
Total expenses
$10,905,987
Contributions and grants received
$16,071
Grants paid
$0
Program service revenue
$5,273,321
Investment income
$6,768
Other revenue
$44,946
Total assets, end of year
$4,453,009
Total liabilities, end of year
$6,640,720
Net assets or fund balances, end of year
-$2,187,711
Program services expenses (Part IX)
$8,278,858
Management and general expenses
$2,627,129
Fundraising expenses
$0
Program service expenses (Part III)
$8,278,858

Program services were 75.9% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • DAVE RAMA

    Vice Chair

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • EMILIE ADAMS

    Chair

    Total calculated
    $0
    Hours/week
    1 + 2 related

  • JOSHUA RATNER

    CEO (THRU 11/2024)/TRUSTEE (EFF. 11/2024)

    Total calculated
    $1,262,969
    From this org
    $0
    From related orgs
    $1,214,669
    Other
    $48,300
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $1,102,541 related
    Bonus
    $0 + $89,128 related
    Other
    $0 + $23,000 related
    Deferred
    $0 + $48,300 related
    Nontaxable benefits
    $0
    Filer's total
    $0 + $1,262,969 related

  • ARNOLD Schwartz

    Trustee

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • CATHERINE ALLEN MD

    Trustee Ex Officio

    Total calculated
    $506,772
    From this org
    $0
    From related orgs
    $439,465
    Other
    $67,307
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $439,465 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $36,800 related
    Nontaxable benefits
    $0 + $30,507 related
    Filer's total
    $0 + $506,772 related

  • COLLEEN MCDANIEL

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • CONNIE JEFFERS

    TRUSTEE (THRU 5/2024)

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • CRAIG SICKLER

    Trustee Ex Officio

    Total calculated
    $0
    Hours/week
    1 + 4 related

  • DIANA MASON

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • DIANE MUNRO

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • FRED MARGUILES

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • JAMES HOWIE

    TRUSTEE (THRU 12/24)

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • JOHN RIEDL

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • MICHAEL CIOFFI

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • Richard Siegel

    Trustee

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • STEVE FINCH

    TRUSTEE

    Total calculated
    $0
    Hours/week
    1 + 1 related

  • JOHN EDWARDS

    FACILITY ADMINISTRATOR (THRU 1/24)

    Total calculated
    $31,448
    From this org
    $0
    From related orgs
    $27,649
    Other
    $3,799
    Hours/week
    29.7 + 10.3 related

  • MICHAEL DOYLE MD

    CMO

    Total calculated
    $600,030
    From this org
    $0
    From related orgs
    $590,841
    Other
    $9,189
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $535,917 related
    Bonus
    $0 + $54,388 related
    Other
    $0 + $536 related
    Deferred
    $0 + $8,625 related
    Nontaxable benefits
    $0 + $564 related
    Filer's total
    $0 + $600,030 related

  • Michael Hochman

    EXECUTIVE DIRECTOR (BEG 7/2024)

    Total calculated
    $221,521
    From this org
    $0
    From related orgs
    $174,290
    Other
    $47,231
    Hours/week
    19.5 + 20.5 related

    Schedule J breakdown matched by us

    Base
    $0 + $174,290 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0 + $18,170 related
    Nontaxable benefits
    $0 + $29,061 related
    Filer's total
    $0 + $221,521 related

  • Elissa Waliszewski CHESSARI

    COO-NORTHERN REGION

    Total calculated
    $565,238
    From this org
    $0
    From related orgs
    $534,090
    Other
    $31,148
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $481,690 related
    Bonus
    $0 + $29,400 related
    Other
    $0 + $23,000 related
    Deferred
    $0
    Nontaxable benefits
    $0 + $31,148 related
    Filer's total
    $0 + $565,238 related

  • FRANCES DAVIS

    REGIONAL VICE PRESIDENT, NURSE EXECUTIVE

    Total calculated
    $470,058
    From this org
    $0
    From related orgs
    $400,996
    Other
    $69,062
    Hours/week
    5 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $371,685 related
    Bonus
    $0 + $29,311 related
    Other
    $0
    Deferred
    $0 + $38,000 related
    Nontaxable benefits
    $0 + $31,062 related
    Filer's total
    $0 + $470,058 related

  • MEGHAN WEYGANT

    VICE PRESIDENT, OPERATIONS (THRU 11/2024)

    Total calculated
    $350,851
    From this org
    $0
    From related orgs
    $317,190
    Other
    $33,661
    Hours/week
    5 + 35 related

    Schedule J breakdown matched by us

    Base
    $0 + $306,212 related
    Bonus
    $0 + $10,862 related
    Other
    $0 + $116 related
    Deferred
    $0 + $4,564 related
    Nontaxable benefits
    $0 + $29,097 related
    Filer's total
    $0 + $350,851 related

  • HEATHER GREENE

    DIRECTOR CASE MANAGEMENT

    Total calculated
    $147,505
    From this org
    $118,675
    From related orgs
    $0
    Other
    $28,830
    Hours/week
    40

  • JANE DEMEO

    REGISTERED NURSE

    Total calculated
    $148,633
    From this org
    $137,153
    From related orgs
    $0
    Other
    $11,480
    Hours/week
    40

  • Lynn Wallaesa James

    REGISTERED NURSE

    Total calculated
    $148,305
    From this org
    $122,019
    From related orgs
    $0
    Other
    $26,286
    Hours/week
    40

  • PATRICIA GONZALEZ

    Department Head Nursing Admin

    Total calculated
    $172,159
    From this org
    $146,484
    From related orgs
    $0
    Other
    $25,675
    Hours/week
    40

    Schedule J breakdown matched by us

    Base
    $139,840
    Bonus
    $5,120
    Other
    $1,524
    Deferred
    $2,186
    Nontaxable benefits
    $23,489
    Filer's total
    $172,159

  • Therese Matos

    REGISTERED NURSE

    Total calculated
    $145,415
    From this org
    $120,487
    From related orgs
    $0
    Other
    $24,928
    Hours/week
    40

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

None.

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

The filer's explanations (Part III)

Schedule J, Part I, Line 3 ARRANGEMENT USED TO ESTABLISH THE TOP MANAGEMENT OFFICIAL'S COMPENSATION
The organization is subject to the compensation policies and process established by its sole member with respect to the system of related entities under its direction. Pursuant to that process, the Personnel and Compensation Committee of the sole member's Board of Directors sets the level of total compensation (base salary and incentive compensation) and benefits provided to senior executives. To set total compensation levels, the Committee works with a national independent compensation consulting firm to ensure that executive compensation levels are reasonable and appropriate relative to similar positions in comparable organizations, based on objective survey data. Executives' total compensation opportunities include incentive compensation arrangements based on each executive's achievement of specific performance goals set forth at the start of each calendar year, the achievement of which is measured at the end of each calendar year by the CEO or the Board of Directors (depending on the role). Leaders in roles below the senior executive tier are not subject to this Board process, but are subject to compensation and benefit arrangements under the established policies and programs of the sole member. Under those policies and programs, all compensation arrangements are administered in a manner intended to ensure competitive positioning and to permit effective recruitment and retention, while not exceeding reasonable, fair market levels.

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Taxable family on this return

Schedule R Parts I, III and IV, as filed. These record ownership and control, not shared board members or money moved.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

  • HUDSON RIVER WEST INSURANCE LIMITED

    C Corporation · CAP INSURANCE · CJ

    Directly controlled by BSCHSI

  • HUDSON RIVER NORTH INSURANCE LIMITED

    C Corporation · CAP INSURANCE · CJ

    Directly controlled by HA INC

  • NORTHEAST PROVIDER SOLUTIONS INC

    C Corporation · MSO & HEARING · NY

    Directly controlled by NA

  • WCHCC (BERMUDA) LIMITED

    C Corporation · CAP INSURANCE · BD

    Directly controlled by NA

  • KINGSTON REGIONAL HEALTH CARE ENTERPRISE

    C Corporation · INVESTMENT · NY

    Directly controlled by HAH BWAY

  • MID HUDSON PHYSICIANS PC

    C Corporation · MEDICAL SVCS · NY

    Directly controlled by NA

  • BSCHS MEDICAL GROUP PC

    C Corporation · PHYSICIAN OFF · NJ

    Directly controlled by BSCHSI

Provenance

Return type
form_990
Tax year
2024
Filed
13 November 2025
IRS schema version
2024v5.1
Source object
202513179349309016

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