The Carmelite System Inc
Nonprofit profile at a glance
- EIN
- 141810368
- IRS 990 coverage
- 2014–2024
- Forms available
- Form 990 2024
- Location
- Germantown, NY, USA
- Phone
- 5185377500
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Affiliation
- Christianity
Reported finances
- Revenue
- $10,326,172
- Expenses
- $9,813,727
- Assets
- $19,303,487
- Liabilities
- $9,210,812
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- PATRICIA GATHERS (PRESIDENT/ CEO)
- ROBERTA A KOZLAREK (VICE PRESIDENT HRI)
Highest reported compensation
- PATRICIA GATHERS (PRESIDENT/ CEO): $767,669 total reported compensation
- KAREN G REICH (COO): $618,866 total reported compensation
- ROBERTA A KOZLAREK (VICE PRESIDENT HRI): $270,407 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
The carmelite system fosters the healing ministry of christ in catholic health care by proclaiming the value and dignity of the aged and infirm and providing collaborative ways to meet the needs of today's elderly, a commitment to compassionate, loving care of the highest standards with wise stewardship of resources is the hallmark of programs and services rendered.
What it reported doing in 2024
The carmelite system, inc., provides assistance and support services for its contracted affiliated members to promote efficient, effective, and quality long-term health care services. There are thirteen domestic contracted affiliates located in seven states and one affiliate located in ireland that provide skilled nursing, assisted living and independent living services for approximately 3,000 residents.
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and reported officer compensation is a large share of total spending, which may reflect staffing concentration.
Rating breakdown
- Financial Efficiency: 89
- Transparency & Controls: 77
- Accountability: 100
- Sustainability: 47
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 100%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 3 of 6 controls in place; rating input score 50
- Compensation committee: Pass
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Pass
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 66th percentile among comparable filings
- Governance controls: 9 of 9 controls in place; rating input score 100
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 5%; rating input score 54; 54th percentile among comparable filings
- Total-asset coverage ratio: 1.97; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: 0.48; rating input score 30; 30th percentile among comparable filings
- Officer compensation ratio: 23.8%; rating input score 3; 3rd percentile among comparable filings
Growth
- Program expense growth: 21.1% per year; rating input score 100; 91st percentile among comparable filings
- Revenue growth: 12.9% per year; rating input score 100; 82nd percentile among comparable filings
- Asset growth: 11.5% per year; rating input score 100; 71st percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 100% of spending went to programs
- Governance: 15 of 15 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $9.8M in reported program spending
- Leadership: top reported pay $768K · 21 people listed · 3 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $3.3M reported
- Consistency: 32 of 32 current checks pass
- Schedules: 6 filed schedules · includes executive pay
- Filing history: 10 filing years from 2014 to 2024
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: 25 filed related-organization links
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Review — Sustainability: Operating margin scored 54/100.
- High — Sustainability: Officer compensation ratio scored 3/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 30/100.
- High — Grant Readiness: Federal audit findings: this organization reported findings in its latest federal Single Audit.