Wells Nursing Home Inc

Health care organization based in Johnstown, NY. 131 employees. Exempt under §501(c)(3).

MissionTHE PURPOSE OF THE CORPORATION AS DEFINED IN THE CERTIFICATE OF INCORPORATION IS TO PROVIDE NURSING HOME ACCOMMODATIONS FOR SICK, INVALID, INFIRM, DISABLED OR CONVALESCENT PERSONS OF LOW INCOME AND TO THIS END, TO PLAN, CONSTRUCT, ERECT, BUILD, ACQUIRE, ALTER, RECONSTRUCT,

Financial snapshot · TY 2024

$7.6M
Total revenue
$10.3M
Total expenses
$1.9M
Net assets

Financial health · TY 2024

40
Financial health needs attention
Composite score out of 100 based on reserve ratio, program efficiency, and revenue diversification.
Reserve ratio
0
-4.5 months of expenses
Program efficiency
100
93.1% spent on programs
Revenue diversity
0
Mix of program fees, grants & contributions

Leadership compensation

Neal Vanslyke
ADMINISTRATOR
$155,002
57th percentile vs. peers
Renee Swartz
DIRECTOR OF NURSING
$145,810
57th percentile vs. peers
Michele Dygert
CHIEF FINANCIAL OFFICER
$106,448
16th percentile vs. peers

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