Dalton Senior Housing Inc

Nonprofit profile at a glance

EIN
581518011
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
Dalton, GA, USA
Phone
7062787006
Rating
64
Verdict
SUPPORTED
Rating confidence
Moderate

Reported finances

Revenue
$424,541
Expenses
$303,889
Assets
$568,171
Liabilities
$911,456

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • JEFFREY D MYERS (PRESIDENT/CEO/VICE CHAIR)

Highest reported compensation

  • JEFFREY D MYERS (PRESIDENT/CEO/VICE CHAIR): $2,944,136 total reported compensation
  • JULIE A SOEKORO (VP/CFO/SECRETARY/TREASURER): $1,068,317 total reported compensation
  • STEVEN P BRIDENSTINE (ASSISTANT TREASURER): $221,452 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

As an affiliate of hamilton health care system, dalton senior housing, inc. Supports the system mission of providing leadership, partnerships and seamless resource coordination to meet health care needs that advance the quality and dignity of life.

What it reported doing in 2024

The goal of dalton senior housing is to provide low income housing for the elderly as well as to offer them opportunities to participate in social and cultural activities. Dalton senior housing has 40 units available for occupancy, providing housing for 39 residents. Activities available for resident participation include the following: monthly devotionals are held by a local pastor, local choir presents a monthly program, monthly birthday parties for residents, candlelight christmas service including singing of carols and sharing of memories in addition to other holiday celebrations, monthly activity meeting to plan monthly calendar and additional actvities. Periodic activities based on availability for tenant benefit include Georgia legal services, we got phones, and whitfield county health department providing flu shots.

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

SUPPORTED - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.

Rating breakdown

  • Financial Efficiency: 58
  • Transparency & Controls: 60
  • Accountability: 78
  • Sustainability: 55
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 57.3%; rating input score 57
  • Program expense ratio: 80.4%; rating input score 80
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th 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: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 77.8%; rating input score 78; 20th percentile among comparable filings
  • Governance controls: 7 of 9 controls in place; rating input score 78
    • 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: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 28.4%; rating input score 81; 81st percentile among comparable filings
  • Total-asset coverage ratio: 1.87; rating input score 57; 57th percentile among comparable filings
  • Liabilities to assets ratio: 1.6; rating input score 3; 3rd percentile among comparable filings
  • Officer compensation ratio: 80%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: 2.3% per year; rating input score 100; 41st percentile among comparable filings
  • Revenue growth: 1.6% per year; rating input score 100; 32nd percentile among comparable filings
  • Asset growth: -1.6% per year; rating input score 0; 19th percentile among comparable filings

Details

  • Where the money goes: 57.3% of revenue deployed · 80.4% of spending went to programs
  • Governance: 7 of 9 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $244K in reported program spending
  • Leadership: top reported pay $2.9M · 10 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 27 of 27 current checks pass
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 15 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 14 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.

  • Review — Financial Efficiency: Mission deployment rate scored 57/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • High — Growth: Asset growth scored 0/100.
  • Review — Sustainability: Total-asset coverage ratio scored 57/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.
  • High — Sustainability: Liabilities to assets ratio scored 3/100.