Phoebe Services INC FY2022 filing

Allentown, PA · Supporting organization · Since 1989 · Community Development

✓ Tax-deductible Latest data FY2022
Revenue
$36.9M
▲ +15% vs prior year
Spent
$39.8M
To programs
96%
Net assets
$-27.8M
By yearFY2020–FY2024
Revenue
$36.9M
FY2022▲ +15%
Revenue by fiscal year
FY2020$40.0M
FY2021$32.1M
FY2022$36.9M
FY2023$37.1M
FY2024$41.3M
FY2024$43.0M
Expenses
$39.8M
FY2022▲ +9%
Expenses by fiscal year
FY2020$42.8M
FY2021$36.5M
FY2022$39.8M
FY2023$40.2M
FY2024$42.5M
FY2024$45.2M
Net assets
$-27.8M
FY2022▼ -11%
Net assets by fiscal year
FY2020$-20.5M
FY2021$-24.9M
FY2022$-27.8M
FY2023$-30.9M
FY2024$-32.1M
FY2024$-34.3M
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2024) →

Form 990 for the fiscal year ending June 2022 (IRS tax year 2021).

Figures match the IRS filing checked 8/6/26 · see original: IRS

Status and standing

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2024 (typical filing lag)
Foundation funders?
Not on file
Spent on programs?
96% to programs
Form 990 Part IX, latest filing.
Size and trend
$10–100M
↑ +15% vs prior year
Legal name (IRS)Hdr · item CPhoebe Services INC
EINHdr · item D23-2586359
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFMay 1990
Year of formationHdr · item L1989
Latest filingForm 990FY2024 · Form 990-T
Principal addressHdr · item CAllentown, PA
NTEE classificationIRS BMFCommunity Development (S500)
WebsiteHdr · item Jwww.phoebe.org

Where the money goes

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.96 Management & general $0.04
Program services96%$38.1M
Management & general4%$1.7M
Total functional expensesLn 25$39.8M

Financial health

Summary of the Filing

Part I · fiscal year 2022 · Form 990-T
Total assets
$12.4M
FY2022▼ -6%
Total assets by fiscal year
FY2020$15.2M
FY2021$13.2M
FY2022$12.4M
FY2023$12.5M
FY2024$12.1M
FY2024$12.1M
Total liabilities
$40.2M
FY2022▲ +5%
Total liabilities by fiscal year
FY2020$35.7M
FY2021$38.1M
FY2022$40.2M
FY2023$43.4M
FY2024$44.2M
FY2024$46.4M
Revenue less expensesPt I · Ln 19−$2.9M
Total assetsPt X · Ln 16$12.4M
Program-expense ratioPt IX · col B96%
Voting members of governing bodyPt I · Ln 316
Independent voting membersPt I · Ln 415

Balance Sheet

Part X · end of year
CashLn 1—
Total assetsLn 16$12.4M
Total liabilitiesLn 26$40.2M
Total net assetsLn 32$-27.8M

Statement of Revenue

Part VIII
Program service revenue$35.4M · 96%
Contributions & grants$1.3M · 4%
Program service revenue96%$35.4M
Contributions & grants4%$1.3M
Investment income$44K
Other revenue$142K
— government grantsLn 1e$1.3M
Total revenueLn 12$36.9M

Leadership and pay

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
President/CEO
$836,146Pt VII · Sec A
EVP/COO (until 12/31/21)
$383,084Pt VII · Sec A
CFO/COO (as of 1/1/22)
$329,285Pt VII · Sec A
Ex. Dir. Psi Pharmacy
$217,928Pt VII · Sec A
VP Healthcare Operations
$197,046Pt VII · Sec A
Executive Director IT
$175,393Pt VII · Sec A
Exec Dir., Operation
$174,122Pt VII · Sec A
Director, Pharmacy
$164,875Pt VII · Sec A

Scott R Stevenson’s $823K as President/CEO is at the 93rd percentile of top reported officer pay among 572 $10–100M community development nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021FY2020
Scott R Stevenson$822,525$824,195$790,121$836,146—$693,406
Robert Richards$354,244$396,757—$329,285—$290,097
Lisa B Fichera———$383,084—$336,643
Robert Richards——$351,542———
Thomas Baer$310,398$257,892$210,268$161,020——
Cynthia S Richart—$292,935—$217,928$210,217$235,518
Lisa Fichera——$287,360———
Cynthia Richart——$246,572———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Governance & Policies

Part VI
Voting members of the governing bodyPt VI · Ln 1a16
Independent voting membersPt VI · Ln 1b15
Conflict-of-interest policyPt VI · Ln 12aYes
Whistleblower policyPt VI · Ln 13Yes
Document retention policyPt VI · Ln 14Yes
CEO/top-official compensation independently reviewedPt VI · Ln 15aYes
Family or business relationships among officers/directorsPt VI · Ln 2No

Mission and programs

Offers management, pharmacy, and spiritual support to affiliated charities.

Provided by the organization

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Mission & Programs · Part III

Where the work happens

2 program services account for $38.1M of program spending, described in the organization's own filed words · FY2021.
01

The phoebe services, inc pharmacy serviced 9,008 individuals during the year ended june 30, 2022. The residents of the various phoebe ministries' retirement communities benefit from cost reductions through bulk purchasing discounts received by the pharmacy. See schedule o for more details on phoebe program services

$20.8Mprogram expense
02

Phoebe services provides management services for related 501(c)(3) organizations to assist in the organizations' mission to serve the aging community, including communications and pastoral care. See schedule o for more details on phoebe program services

$17.3Mprogram expense

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Funders

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Filing history

YearRevenueExpensesChangeFiling
FY2024 $41.3M$42.5M+11% 990 PDF
FY2023 $37.1M$40.2M+0.5% 990 PDF
FY2022 Viewing $36.9M$39.8M+15% 990 PDF
FY2021 $32.1M$36.5M-20% 990 PDF
FY2020 $40.0M$42.8M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
Names, privacy, and removal requests More

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