Loretto Adult Community Inc

Syracuse, NY
Tax-exempt since July 1986
EIN: 22-2588128

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Type of Nonprofit

Designated as a 501(c)(3) Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Human Services — Multipurpose and Other / Senior Centers, Services (NTEE)

Donations to this organization are tax deductible.

Revenue

$16.2M (2024)

Expenses

$17.3M (2024)

Total Assets

$11.3M (2024)

Total Liabilities

$14.8M (2024)

Years with missing data

Source: Form 990 tax filings from 2010 to 2024

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Dec.
2024

Revenue

$16,224,281

Expenses

$17,280,198

Net Income

-$1,055,917

Net Assets

-$3,438,232

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$226,095	1.4%
Program Services	$15,534,253	95.7%
Investment Income	$8,211	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$455,722	2.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$9,390,591	54.3%

Assets/Debt
Total Assets	$11,341,585
Total Liabilities	$14,779,817
Net Assets	-$3,438,232

Compensation

Key Employees and Officers	Compensation	Related	Other
Vicki O'neill (Board Member, Chair)	$0	$0	$0
Stephanie Crockett (Board Member, Vice Chair)	$0	$0	$0
John R Brennan (Board Member, Secretary)	$0	$0	$0
John Mccabe (Board Member)	$0	$0	$0
Kevin Bryans (Board Member)	$0	$0	$0
Michele Jones Galvin (Board Member)	$0	$0	$0
Stephen J Kingston (Board Member)	$0	$0	$0
Sam Carello (Board Member)	$0	$0	$0
Craig Luce (Board Member)	$0	$0	$0
Peter Muserlian (Board Member)	$0	$0	$0
Elizabeth Quilter (Board Member)	$0	$0	$0
Jay Subedi (Board Member)	$0	$0	$0
Gwen Webber Mcleod (Board Member)	$0	$0	$0
Rosemary Avila Ticio (Board Member)	$0	$0	$0
Mike Buck (Board Member)	$0	$0	$0
Kira Reed (Board Member)	$0	$0	$0
Kimberly Townsend (Ceo/President)	$0	$609,681	$0
John Murray (Chief Financial Officer)	$0	$299,513	$0
Stephanie Button (Vice President, Pace)	$0	$209,010	$0
Brandon Claps (Chief Information Officer)	$0	$222,214	$0
Holly Hoehner (Vice President, General Counsel)	$0	$274,608	$0
Jennifer Ingerson (Vice President, Housing)	$0	$212,150	$0
Joelle Margrey (Chief Nursing Officer)	$0	$270,163	$0
Julie Sheedy (Chief Marketing And Engagement Officer)	$0	$251,743	$0
Nancy Williams (Chief People Officer)	$0	$239,101	$0

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990

Filed on Nov. 12, 2025

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2023

Revenue

$14,385,404

Expenses

$15,727,626

Net Income

-$1,342,222

Net Assets

-$2,382,315

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$197,804	1.4%
Program Services	$14,182,255	98.6%
Investment Income	$5,345	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$0

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$8,183,195	52.0%

Assets/Debt
Total Assets	$10,942,253
Total Liabilities	$13,324,568
Net Assets	-$2,382,315

Compensation

Key Employees and Officers	Compensation	Related	Other
John Mccabe (Board Member, Chair)	$0	$0	$0
Robert J Marzella (Board Member, Vice Chair)	$0	$0	$0
John R Brennan (Board Member, Secretary)	$0	$0	$0
Vicki O'neill (Board Member)	$0	$0	$0
Pierre Morrisseau (Board Member)	$0	$0	$0
Elizabeth Quilter (Board Member)	$0	$0	$0
Christine Woodcock Dettor (Board Member)	$0	$0	$0
Michele Jones Galvin (Board Member)	$0	$0	$0
Jay Subedi (Board Member)	$0	$0	$0
Kevin Bryans (Board Member)	$0	$0	$0
Gwen Webber Mcleod (Board Member)	$0	$0	$0
Stephen J Kingston (Board Member)	$0	$0	$0
Sam Carello (Board Member)	$0	$0	$0
Craig Luce (Board Member)	$0	$0	$0
Peter Muserlian (Board Member)	$0	$0	$0
Stephanie Crockett (Board Member)	$0	$0	$0
John Murray (Cfo)	$0	$305,507	$0
Kimberly Townsend (President)	$0	$775,078	$0
Brandon Claps (Cio)	$0	$210,362	$0
Jennifer Ingerson (Vp Of Housing)	$0	$202,284	$0
Joelle Margrey (Cno)	$0	$241,541	$0
Julie Sheedy (Vp Of Marketing)	$0	$240,026	$0
Stephanie Button (Vp Of Loretto Independent Living Services, Inc.)	$0	$194,812	$0
Holly Hoehner (Vp General Counsel)	$0	$272,837	$0

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990

Filed on Nov. 7, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2022

Revenue

$12,045,990

Expenses

$15,006,560

Net Income

-$2,960,570

Net Assets

-$993,093

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$165,406	1.4%
Program Services	$11,866,146	98.5%
Investment Income	$3,422	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$11,016	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$7,012,924	46.7%

Assets/Debt
Total Assets	$11,839,237
Total Liabilities	$12,832,330
Net Assets	-$993,093

Compensation

Key Employees and Officers	Compensation	Related	Other
Vicki O'neill (Board Member, Past Chair)	$0	$0	$0
John Mccabe (Board Member, Chair)	$0	$0	$0
John R Brennan (Board Member, Secretary)	$0	$0	$0
Robert Marzella (Board Member, Vice Chair)	$0	$0	$0
Pierre Morrisseau (Board Member)	$0	$0	$0
Cindy Bird (Board Member)	$0	$0	$0
Christine Woodcock Dettor (Board Member)	$0	$0	$0
Michele Jones Galvin (Board Member)	$0	$0	$0
Elizabeth Quiler (Board Member)	$0	$0	$0
Kevin Bryans (Board Member)	$0	$0	$0
Nancy Williams (Board Member)	$0	$0	$0
Stephen J Kingston (Board Member)	$0	$0	$0
Sam Carello (Board Member)	$0	$0	$0
Craig Luce (Board Member)	$0	$0	$0
Peter Muserlian (Board Member)	$0	$0	$0
John Murray (Cfo)	$0	$259,932	$0
Kimberly Townsend (President)	$0	$527,235	$0
Brandon Claps (Cio)	$0	$159,709	$0
David Heisig (Medical Director)	$0	$225,124	$0
Jennifer Ingerson (Vp Of Housing)	$0	$183,236	$0
Joelle Margrey (Cno)	$0	$185,354	$0
Julie Sheedy (Vp Of Marketing)	$0	$192,108	$0
Stephanie Button (Vp Of Loretto Independent Living Services, Inc.)	$0	$162,991	$0
Holly Hoehner (Vp General Counsel)	$0	$237,048	$0

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990

Filed on Feb. 23, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2021

Revenue

$12,990,670

Expenses

$13,872,634

Net Income

-$881,964

Net Assets

$1,022,477

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$1,737,833	13.4%
Program Services	$11,163,079	85.9%
Investment Income	$3,692	0.0%
Bond Proceeds	$69,455	0.5%
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$16,611	0.1%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$6,204,898	44.7%

Assets/Debt
Total Assets	$14,119,343
Total Liabilities	$13,096,866
Net Assets	$1,022,477

Compensation

Key Employees and Officers	Compensation	Related	Other
Vicki O'neill (Board Member, Chair)	$0	$0	$0
John Mccabe (Board Member, Vice Chair)	$0	$0	$0
John R Brennan (Board Member, Secretary)	$0	$0	$0
Susan Clancy Magley (Board Member)	$0	$0	$0
Pierre Morrisseau (Board Member)	$0	$0	$0
Cindy Bird (Board Member)	$0	$0	$0
Christine Woodcock Dettor (Board Member)	$0	$0	$0
Michele Jones Galvin (Board Member)	$0	$0	$0
Helene Wallace (Board Member)	$0	$0	$0
Kevin Bryans (Board Member)	$0	$0	$0
Nancy Williams (Board Member)	$0	$0	$0
Stephen J Kingston (Board Member)	$0	$0	$0
Sam Carello (Board Member)	$0	$0	$0
Craig Luce (Board Member)	$0	$0	$0
Peter Muserlian (Board Member)	$0	$0	$0
Douglas Tucker (Board Member/Medical Direc)	$0	$330,548	$0
John Murray (Cfo)	$0	$259,932	$0
Kimberly Townsend (President)	$0	$527,235	$0
Brandon Claps (Cio)	$0	$159,709	$0
Colleen Engler (Vp Of Hr)	$0	$244,114	$0
David Heisig (Medical Director)	$0	$225,124	$0
Jennifer Ingerson (Vp Of Housing)	$0	$183,236	$0
Joelle Margrey (Cno)	$0	$185,354	$0
Julie Sheedy (Vp Of Marketing)	$0	$192,108	$0
Stephanie Button (Vp Of Loretto Independent Living Services, Inc.)	$0	$162,991	$0
See filing for compensation of 1 other people →

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990

Filed on Feb. 23, 2024

Primary tax return for a nonprofit’s activities, finances, and governance

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Fiscal Year Ending Dec.
2019

Revenue

$13,511,838

Expenses

$13,453,120

Net Income

$58,718

Net Assets

$2,502,178

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$13,401,185	99.2%
Investment Income	$26,785	0.2%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$83,868	0.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$5,987,462	44.5%

Assets/Debt
Total Assets	$15,853,880
Total Liabilities	$13,351,702
Net Assets	$2,502,178

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2018

Revenue

$13,683,251

Expenses

$13,007,331

Net Income

$675,920

Net Assets

$7,002,567

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$5,597	0.0%
Program Services	$13,415,822	98.0%
Investment Income	$155,748	1.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$106,084	0.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$5,674,509	43.6%

Assets/Debt
Total Assets	$20,586,876
Total Liabilities	$13,584,309
Net Assets	$7,002,567

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

990-T

For unrelated business income from activities not substantially related to the organization's tax-exempt purpose

PDF

Fiscal Year Ending Dec.
2017

Revenue

$13,206,491

Expenses

$11,853,641

Net Income

$1,352,850

Net Assets

$6,362,574

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$12,944,460	98.0%
Investment Income	$148,701	1.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$113,330	0.9%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$5,263,332	44.4%

Assets/Debt
Total Assets	$20,238,940
Total Liabilities	$13,876,366
Net Assets	$6,362,574

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2016

Revenue

$12,643,374

Expenses

$11,294,545

Net Income

$1,348,829

Net Assets

$5,009,724

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$75,223	0.6%
Program Services	$12,190,657	96.4%
Investment Income	$123,531	1.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$253,963	2.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,930,420	43.7%

Assets/Debt
Total Assets	$19,191,685
Total Liabilities	$14,181,961
Net Assets	$5,009,724

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2015

Revenue

$12,462,501

Expenses

$10,648,265

Net Income

$1,814,236

Net Assets

$3,660,895

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$28,565	0.2%
Program Services	$12,295,936	98.7%
Investment Income	$9,529	0.1%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$128,471	1.0%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,719,370	44.3%

Assets/Debt
Total Assets	$18,450,760
Total Liabilities	$14,789,865
Net Assets	$3,660,895

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2014

Revenue

$12,543,811

Expenses

$10,244,059

Net Income

$2,299,752

Net Assets

$1,848,335

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$12,478,448	99.5%
Investment Income	$965	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$64,398	0.5%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$4,511,370	44.0%

Assets/Debt
Total Assets	$16,915,713
Total Liabilities	$15,067,378
Net Assets	$1,848,335

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2013

Revenue

$7,992,067

Expenses

$6,932,547

Net Income

$1,059,520

Net Assets

-$139,614

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$7,928,364	99.2%
Investment Income	$168	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$63,535	0.8%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,016,177	43.5%

Assets/Debt
Total Assets	$7,490,765
Total Liabilities	$7,630,379
Net Assets	-$139,614

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2012

Revenue

$7,591,987

Expenses

$6,669,313

Net Income

$922,674

Net Assets

-$1,199,134

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$7,545,397	99.4%
Investment Income	$138	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$46,452	0.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,794,066	41.9%

Assets/Debt
Total Assets	$6,688,868
Total Liabilities	$7,888,002
Net Assets	-$1,199,134

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2011

Revenue

$6,648,574

Expenses

$6,701,726

Net Income

-$53,152

Net Assets

-$2,121,808

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$0
Program Services	$6,490,804	97.6%
Investment Income	$126	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$157,644	2.4%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$3,041,108	45.4%

Assets/Debt
Total Assets	$6,206,725
Total Liabilities	$8,328,533
Net Assets	-$2,121,808

990

Primary tax return for a nonprofit’s activities, finances, and governance

PDF

Fiscal Year Ending Dec.
2010

Revenue

$6,223,235

Expenses

$6,315,370

Net Income

-$92,135

Net Assets

-$2,312,538

Notable Sources of Revenue		Percent of Total Revenue
Contributions	$2,380	0.0%
Program Services	$5,870,755	94.3%
Investment Income	$177	0.0%
Bond Proceeds	$0
Royalties	$0
Rental Property Income	$0
Net Fundraising	$0
Sales of Assets	$0
Net Inventory Sales	$0
Other Revenue	$349,923	5.6%

Notable Expenses		Percent of Total Expenses
Executive Compensation	$0
Professional Fundraising Fees	$0
Other Salaries and Wages	$2,881,839	45.6%

Assets/Debt
Total Assets	$5,790,879
Total Liabilities	$8,103,417
Net Assets	-$2,312,538

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

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Loretto Adult Community Inc

Organization summary

Type of Nonprofit

Summary charts: organization finances over time

Revenue $16.2M (2024)

Expenses $17.3M (2024)

Total Assets $11.3M (2024)

Total Liabilities $14.8M (2024)

Tax Filings by Year

Fiscal Year Ending Dec. 2024

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2023

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2022

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2021

Extracted Financial Data

Extracted Financial Data from Form 990

Compensation

Document Links

990

Fiscal Year Ending Dec. 2019

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2018

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

990-T

Fiscal Year Ending Dec. 2017

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2016

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2015

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2014

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2013

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2012

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2011

Extracted Financial Data

Extracted Financial Data from Form 990

Document Links

990

Fiscal Year Ending Dec. 2010

Revenue

$16.2M (2024)

Expenses

$17.3M (2024)

Total Assets

$11.3M (2024)

Total Liabilities

$14.8M (2024)

Fiscal Year Ending Dec.
2024

Fiscal Year Ending Dec.
2023

Fiscal Year Ending Dec.
2022

Fiscal Year Ending Dec.
2021

Fiscal Year Ending Dec.
2019

Fiscal Year Ending Dec.
2018

Fiscal Year Ending Dec.
2017

Fiscal Year Ending Dec.
2016

Fiscal Year Ending Dec.
2015

Fiscal Year Ending Dec.
2014

Fiscal Year Ending Dec.
2013

Fiscal Year Ending Dec.
2012

Fiscal Year Ending Dec.
2011

Fiscal Year Ending Dec.
2010

Fiscal Year Ending Dec.
2009

Fiscal Year Ending Dec.
2008

Fiscal Year Ending Dec.
2007

Fiscal Year Ending Dec.
2006

Fiscal Year Ending Dec.
2005

Fiscal Year Ending Dec.
2004

Fiscal Year Ending Dec.
2003

Fiscal Year Ending Dec.
2002

Fiscal Year Ending Dec.
2001