Eliseo

Nonprofit profile at a glance

EIN
910963214
IRS 990 coverage
2010–2025
Forms available
Form 990 2025
Location
Tacoma, WA, USA
Phone
2537527112
Rating
86
Verdict
STRONG
Rating confidence
Moderate
Sector
Supportive Housing for Older Adults

Official website

Reported finances

Revenue
$37,417,775
Expenses
$37,232,071
Assets
$103,171,415
Liabilities
$106,117,807

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

17 people listed

Executive titles in this filing

  • R KEVIN MCFEELY (PRESIDENT/CEO)
  • DAVID HOFFMAN (VICE PRESIDENT OF FINANCE)

Highest reported compensation

  • R KEVIN MCFEELY (PRESIDENT/CEO): $580,909 total reported compensation
  • DAVID HOFFMAN (VICE PRESIDENT OF FINANCE): $402,912 total reported compensation
  • BRIAN MACDUFF (ADMINISTRATOR): $206,123 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Eliseo is a not-for-profit life plan community committed to enriching lives in a vibrant and christ-centered environment providing exceptional senior housing and services.

What it reported doing in 2025

Eliseo is one of the largest life plan communities in pierce county, providing health care services and a variety of residential accomodations for over 350 seniors daily. For over 80 years, eliseo has grown and changed with the changing needs of seniors in our community. We offer a full continuum of care and services including active retirement living, assisted senior living, long-term care, dementia care, respite care, short-term medical care, rehabilitation services, and end-of-life care. We have a reputation for affordable, quality care and quality senior living for all. Our faith-based community welcomes seniors of all religious denominations and beliefs. We are mindful of one's physical, emotional and spiritual health.

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

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 some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 82
  • Transparency & Controls: 90
  • Accountability: 95
  • Sustainability: 40
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 92.7%; rating input score 93
  • Program expense ratio: 92.2%; rating input score 92
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
  • Pay-setting controls: 4 of 6 controls in place; rating input score 67
    • Compensation committee: Pass
    • Independent consultant: Missing
    • 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: Yes; rating input score 100

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 8 of 9 controls in place; rating input score 89
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • 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: 0.5%; rating input score 26; 26th percentile among comparable filings
  • Total-asset coverage ratio: 2.77; rating input score 63; 63rd percentile among comparable filings
  • Liabilities to assets ratio: 1.03; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 2.4%; rating input score 77; 77th percentile among comparable filings

Growth

  • Program expense growth: 4.6% per year; rating input score 100; 36th percentile among comparable filings
  • Revenue growth: 4.3% per year; rating input score 100; 35th percentile among comparable filings
  • Asset growth: 14.5% per year; rating input score 100; 81st percentile among comparable filings

Details

  • Where the money goes: 92.7% of revenue deployed · 92.2% of spending went to programs
  • Governance: 10 of 10 board members independent · 8 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $34.3M in reported program spending
  • Leadership: top reported pay $581K · 17 people listed · 4 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $4.8M reported
  • Consistency: 33 of 33 current checks pass
  • Schedules: 8 filed schedules · includes major donors, executive pay, and related organizations
  • Filing history: 15 filing years from 2010 to 2025
  • Contacts: How to reach this organization
  • Money network: 5 filed money-flow records
  • Related organizations: 4 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.

  • High — Sustainability: Operating margin scored 26/100.
  • Review — Accountability: Governance controls: Other executive compensation review process not reported.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.