Hcr Manorcare Inc
Nonprofit profile at a glance
- EIN
- 825373223
- IRS 990 coverage
- 2018–2024
- Forms available
- Form 990 2024, Form 990-T 2024
- Location
- Toledo, OH, USA
- Phone
- 4192525772
- Rating
- 67
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Nursing, Convalescent Facilities
Reported finances
- Revenue
- $304,377,638
- Expenses
- $477,710,905
- Assets
- $570,520,859
- Liabilities
- $646,305,994
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- ARTURO POLIZZI (TRUSTEE/CEO)
- JUSTIN SKIVER (PRESIDENT)
- JASALYNN GEORGE (SENIOR EXECUTIVE DIRECTOR)
- SANDRA STOVER (EXECUTIVE DIRECTOR)
- SANDRA OLIVER (SENIOR EXECUTIVE DIRECTOR)
Highest reported compensation
- ARTURO POLIZZI (TRUSTEE/CEO): $3,133,332 total reported compensation
- TERRENCE METZGER (TREASURER/CFO): $1,215,928 total reported compensation
- STEPHEN SADOWSKI (SECRETARY/CHIEF LEGAL OFFICER): $1,186,414 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to improve your health and well-being
What it reported doing in 2024
Hcr manorcare's assisted living facilities (alf), the majority of which do business under the trade name arden courts, primarily provide assisted living services for those who are living with a dementia diagnosis or require assistance with activities of daily living. Hcr manorcare is the post-acute division of promedica health system, inc. (promedica), a mission based, not-for-profit healthcare organization focused on the health and wellbeing of the communities it serves. Headquartered in toledo, Ohio. Hcr manorcare operates more than 50 assisted living facilities with the majority of the communities designed specifically for those living with alzheimer's or related dementia. Assisted living communities provide assistance with dressing, bathing, meals, activities and medications in a homelike setting. Programming activities are designed specifically for the individual resident's needs and abilities. Additional services such as palliative and hospice care can also be provided in the assisted living setting. In 2024, hcr manorcare's alfs provided 1,100,813 days of care to its residents.in 2024, hcr manorcare's alfs expended 152,744,495 in total payroll. A total of $3,714,611 was withheld in employee state and local taxes. Promedica senior care's assisted living facilities, primarily operating under the brand name arden courts, promedica memory care communities, demonstrate promedica's mission and core values by providing high-quality care and engagement to all eligible residents regardless of their race, creed, national origin, disability or age. The communities provide residents with a place to participate and thrive in meaningful activities and live in a safe environment. They continue to balance an engaging social model with the clinical care residents need to remain safely in the community. The facilities provide activities and virtual visits with family, community entertainment and pet therapy. The facilities continued to provide family and community resources to help cope and live with someone with a dementia diagnosis. The facilities also grant residents their wishes through the organization's hearts' desire program.
Operating model
- Revenue model
- Earned-program. 99% 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 - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and a relatively small share of voting board members are independent.
Rating breakdown
- Financial Efficiency: 84
- Transparency & Controls: 71
- Accountability: 52
- Sustainability: 25
- Growth: 0
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 83.6%; rating input score 84
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th 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: 33.3%; rating input score 33; 10th 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: -56.9%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 1.19; rating input score 45; 45th percentile among comparable filings
- Liabilities to assets ratio: 1.13; rating input score 4; 4th percentile among comparable filings
- Officer compensation ratio: 0.2%; rating input score 91; 91st percentile among comparable filings
Growth
- Program expense growth: -10.9% per year; rating input score 0; 1st percentile among comparable filings
- Revenue growth: -15.2% per year; rating input score 0; 0th percentile among comparable filings
- Asset growth: -22.5% per year; rating input score 0; 0th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 83.6% of spending went to programs
- Governance: 2 of 6 board members independent · 7 of 9 filing controls reported
- Programs: 4 filed program accomplishments · $399.2M in reported program spending
- Leadership: top reported pay $3.1M · 13 people listed · 0 of 6 pay-setting controls reported
- Consistency: 30 of 30 current checks pass
- Schedules: 8 filed schedules · includes major donors, executive pay, and related organizations
- Filing history: 6 filing years from 2018 to 2024
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Related organizations: 334 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 — Transparency & Controls: Pay-setting controls scored 0/100.
- Moderate — Accountability: Independent voting board scored 33/100.
- High — Sustainability: Operating margin scored 1/100.
- High — Growth: Program expense growth scored 0/100.
- High — Growth: Revenue growth scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 45/100.
- High — Sustainability: Liabilities to assets ratio scored 4/100.