Good Samaritan Real Estate Inc

Nonprofit profile at a glance

EIN
232447262
IRS 990 coverage
2015–2016
Forms available
Form 990 2016
Location
York, PA, USA
Phone
7178513055
Rating
79
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Real Estate Associations

Official website

Reported finances

Revenue
$800,716
Expenses
$1,885,162
Assets
$0
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2016. Amounts in USD.

Leadership & pay

9 people listed

Executive titles in this filing

  • Kevin Mosser (CEO-WSH)
  • Robert Longo (Former President)

Highest reported compensation

  • Kevin Mosser (CEO-WSH): $2,150,216 total reported compensation
  • Michael O'Connor (CFO-WSH): $1,234,932 total reported compensation
  • Robert Longo (Former President): $557,580 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2016. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Good Samaritan Real Estate, Inc. leases non-residential real estate to affiliated exempt organizations.

What it reported doing in 2016

Good Samaritan Real Estate, Inc. (GSRE) rents non-residential real estate to affiliated exempt organizations. GSRE is exempt from federal income tax pursuant to Section 501(c)(2) of the Internal Revenue code. GSRE is a subsidiary of Good Samaritan Hospital of Lebanon, PA. Good Samaritan Hospital (GSH) is a component of WellSpan Health (WSH). Both GSH and WSH are 501(c)(3) organizations, exempt from federal income tax.GSRE supports WSH and its affiliates, GSH and Good Samaritan Physician Services, in their mission to improve the health and well-being of the people it services. All of the supported affiliated organizations are purely public charities and exempt from Pennsylvania Sales Tax. The facilities leased to these exempt affiliates assist WSH's mission of improving access to coordinated, high-quality, cost-effective and compassionate healthcare services. All leases were at fair market value.See Attached Federal Supplemental Information: WellSpan Health - 2017 Community Benefit Report.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Grant intermediary. The nonprofit sent 86% of its reported program spending out as grants.

The verdict

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 88
  • Transparency & Controls: 95
  • Accountability: 56
  • Sustainability: 1
  • Growth: 80

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 98%; rating input score 98
  • 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: Missing
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: 100%; rating input score 100; 74th percentile among comparable filings
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 25%; rating input score 25; 8th 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: -135.4%; rating input score 1; 1st percentile among comparable filings
  • Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: 84.1%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: 127.9% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 3.5% per year; rating input score 100; 47th percentile among comparable filings
  • Asset growth: -200% per year; rating input score 0; 0th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 98% of spending went to programs
  • Governance: 1 of 4 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $1.8M in reported program spending
  • Leadership: top reported pay $2.2M · 9 people listed · 5 of 6 pay-setting controls reported
  • Consistency: 20 of 20 current checks pass
  • Schedules: 7 filed schedules · includes grants and executive pay
  • Filing history: 2 filing years from 2015 to 2016
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 36 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 — Accountability: Independent voting board scored 25/100.
  • High — Sustainability: Operating margin scored 1/100.
  • High — Sustainability: Total-asset coverage ratio scored 0/100.
  • High — Growth: Asset growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 1/100.