Vitruvian Health
Legal name: Hltc Inc
Nonprofit profile at a glance
- EIN
- 582341574
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Dalton, GA, USA
- Phone
- 706-272-6000
- Rating
- 72
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Nursing, Convalescent Facilities
Reported finances
- Revenue
- $31,197,375
- Expenses
- $28,951,293
- Assets
- $17,914,304
- Liabilities
- $7,164,373
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
18 people listed
Executive titles in this filing
- JEFFREY D MYERS (PRESIDENT/CEO AND VICE CHAIR)
Highest reported compensation
- JEFFREY D MYERS (PRESIDENT/CEO AND VICE CHAIR): $2,944,136 total reported compensation
- SANDRA D MCKENZIE (TRUSTEE): $1,639,506 total reported compensation
- JULIE A SOEKORO (ASSISTANT TREASURER): $1,068,317 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To help you get the most out of life—whenever you need us and wherever you are.
What it reported doing in 2024
Hltc, inc. Operates four skilled nursing facilities in dalton, ga whose purpose is to provide long-term care services to the elderly and the infirm. During the year ended september 30, 2025, hltc, inc. Had 91,064 patient days which included 16,125 days reimbursed by medicare and 57,244 days reimbursed by medicaid. Medicare and medicaid represent 80.6% of total patient days. Hltc provides on-site services to patients including but not limited to physician services, lab services, rehabilitiation services, and dietary services. Hltc's goal is to serve the needs of area residents by providing services without discrimination and regardless of ability to pay.
Operating model
- Revenue model
- Earned-program. 100% 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 program spending has declined or grown slowly.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 60
- Accountability: 80
- Sustainability: 45
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 89.8%; rating input score 90
- Program expense ratio: 96.7%; rating input score 97
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 62nd 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: 81.8%; rating input score 82; 16th 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: 7.2%; rating input score 60; 60th percentile among comparable filings
- Total-asset coverage ratio: 0.62; rating input score 21; 21st percentile among comparable filings
- Liabilities to assets ratio: 0.4; rating input score 37; 37th percentile among comparable filings
- Officer compensation ratio: 4.6%; rating input score 54; 54th percentile among comparable filings
Growth
- Program expense growth: -0.7% per year; rating input score 0; 9th percentile among comparable filings
- Revenue growth: 0.6% per year; rating input score 100; 10th percentile among comparable filings
- Asset growth: 2.3% per year; rating input score 100; 19th percentile among comparable filings
Details
- What they do: 3 programs and campaigns described on the official site · 1 operating location identified
- Where the money goes: 89.8% of revenue deployed · 96.7% of spending went to programs
- Governance: 9 of 11 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $28M in reported program spending
- Leadership: top reported pay $2.9M · 18 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $1.4M reported
- Consistency: 32 of 32 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 5 filed money-flow records
- Related organizations: 12 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.
- High — Growth: Program expense growth scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Sustainability: Total-asset coverage ratio scored 21/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 37/100.
- Review — Sustainability: Officer compensation ratio scored 54/100.