Bayview Manor Homes
Nonprofit profile at a glance
- EIN
- 910718446
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Seattle, WA, USA
- Phone
- 2062847330
- Rating
- 87
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Supportive Housing for Older Adults
Reported finances
- Revenue
- $17,734,380
- Expenses
- $21,270,182
- Assets
- $86,580,172
- Liabilities
- $97,725,952
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
23 people listed
Executive titles in this filing
- NANCY WEINBECK (CEO)
Highest reported compensation
- NANCY WEINBECK (CEO): $224,525 total reported compensation
- JOYCE DOUCET (CFO): $188,845 total reported compensation
- MARCO BAUMANN (COO): $158,573 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Bayview manor homes provides assisted living and home care services to more than 250 elderly residents on a daily basis.
What it reported doing in 2024
Housing provision - to provide living accommodations to 200 elderly residents. This is a component of a ccrc (continuing care retirement community). The ccrc is senior living with a continuum of care within a single site. Residents move throughout the continuum as care needs increase. Rates are set so that the organization can fulfill its commitments to its residents to provide continuing service on a long-term basis and keep the organization economically viable.bayview added an intergenerational children's center, which offers a unique opportunity for interaction between bayview residents and children. Children participate in planned activities with residents and being part of our community. (continued in schedule o)curriculum that fosters positive attitudes toward age, disability, and the elderly is integrated into the life of the center. From babies through preschoolers, children enjoy interacting with "grandmas and grandpas" throughout the community in both spontaneous and planned activities.
Operating model
- Revenue model
- Earned-program. 92% 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 liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 89
- Accountability: 100
- Sustainability: 32
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 88.5%; rating input score 89
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
- Pay-setting controls: 5 of 6 controls in place; rating input score 83
- Compensation committee: Pass
- Independent consultant: Pass
- Other Form 990s reviewed: Pass
- 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: Yes; rating input score 100
- 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: -19.9%; rating input score 5; 5th percentile among comparable filings
- Total-asset coverage ratio: 4.07; rating input score 81; 81st percentile among comparable filings
- Liabilities to assets ratio: 1.13; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 5.8%; rating input score 44; 44th percentile among comparable filings
Growth
- Program expense growth: 7.2% per year; rating input score 100; 57th percentile among comparable filings
- Revenue growth: 3.4% per year; rating input score 100; 29th percentile among comparable filings
- Asset growth: 8.4% per year; rating input score 100; 57th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 88.5% of spending went to programs
- Governance: 14 of 14 board members independent · 9 of 9 filing controls reported
- Programs: 3 filed program accomplishments · $18.8M in reported program spending
- Leadership: top reported pay $225K · 23 people listed · 5 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1.2M reported
- Consistency: 32 of 32 current checks pass
- Schedules: 7 filed schedules · includes major donors and executive pay
- Filing history: 15 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Money network: 8 filed money-flow records
- Related organizations: 1 filed related-organization link
- 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.
- High — Sustainability: Operating margin scored 5/100.
- High — Sustainability: Liabilities to assets ratio scored 4/100.
- Moderate — Sustainability: Officer compensation ratio scored 44/100.