Alexian Village of Milwaukee Inc

What it reported doing in 2024

The filing organization is a part of the ascension catholic health ministry. Ascension is a faith-based healthcare organization that delivers personalized, compassionate care to all, especially to those who need it the most. Alexian village of milwaukee, inc. ("avm") is a continuing care retirement community, which includes a skilled nursing facility (snf). Our snf, inspired by the healing mission of the alexian brothers to the elderly, provides a continuum of care to residents that maximizes dignity and independence. Rooted in the catholic tradition of caring, the staff is committed to promoting the well-being of those we serve through the delivery of quality care. The snf has 105 beds with an average occupancy of 74. In fy 2025, 17,201 days of care were provided to medicaid recipients. 1,781 days were provided to medicare recipients. As a charitable organization, it is recognized that not all persons served possess the ability to purchase essential services. For medicaid residents we were reimbursed less than our costs. Avm has an assisted living facility (al). Licensed as a community based residential facility (cbrf) this area cares for 37 persons each day. The residents need support 24 hours a day ranging from simple assistance to those with severe signs of dementia. Regardless of one's ability to pay, avm continues to provide care for its residents. In addition, we were reimbursed $1,193,229 for medicaid residents living in this area. For all levels of care we maintain an active pastoral care staff that visits residents frequently, provides daily mass and pastoral counseling. All religions are supported. Avm includes independent apartments. Avm has 232 independent apartments and averages 93 persons. Many of avm residents have a life care contract whereby avm agrees to provide services in our snf and al areas at their apartment rent plus a small additional fee, for the rest of the resident's life. Rental contracts are also available. On all levels of care, where reimbursement is less than cost, avm absorbs the difference in meeting its mission to the community. This is regardless of race, creed, sex, origin, handicap, age or ability to pay. Residents and employees are active in providing support to our local community through such things as tutoring, and providing meals to the homeless. Regardless of one's ability to pay, avm continues to provide care for its residents. Alexian village of milwaukee, inc. Offers adult day care and other programs that serve an average of 26.72 clients per day. The adult day care is a social model that offers services for the surrounding community. Over 85% of the clients qualify for the medicaid program. The services offered to the community include educational, fitness, memory and wellness programs. Strengthened by community, prayer, commitment to the poor, and the legacy of its founders, the alexian brothers witness the healing christ by a holistic approach to promoting health and care for the sick, dying, aged and unwanted.

Financial Efficiency

• Mission deployment rate: 100%; rating input score 100
• Program expense ratio: 80.9%; rating input score 81
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Yes; rating input score 100
• Related-party transparency: Yes; rating input score 100

Accountability

• Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
• Governance controls: 6 of 9 controls in place; rating input score 67
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Fail
  • Other executive compensation review process: Fail
  • Form 990 shared with the board: Fail
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -24.4%; rating input score 4; 4th percentile among comparable filings
• Total-asset coverage ratio: 0.99; rating input score 36; 36th percentile among comparable filings
• Liabilities to assets ratio: 0.62; rating input score 21; 21st percentile among comparable filings
• Officer compensation ratio: 5.7%; rating input score 45; 45th percentile among comparable filings

Growth

• Program expense growth: -0.7% per year; rating input score 0; 9th percentile among comparable filings
• Revenue growth: -3.1% per year; rating input score 0; 3rd percentile among comparable filings
• Asset growth: -4.1% per year; rating input score 0; 3rd percentile among comparable filings