McGregor PACE
Nonprofit profile at a glance
- EIN
- 311495382
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Cleveland, OH, USA
- Phone
- 888-895-7223
- Rating
- 84
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Supportive Housing for Older Adults
Reported finances
- Revenue
- $74,666,243
- Expenses
- $61,960,996
- Assets
- $40,186,538
- Liabilities
- $12,247,589
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
28 people listed
Executive titles in this filing
- ANN CONN (CEO)
- TANGI MCCOY (CEO)
Highest reported compensation
- ANN CONN (CEO): $454,545 total reported compensation
- JENNIFER HAYES (CFO/ASSISTANT TREASURER): $295,370 total reported compensation
- TANGI MCCOY (CEO): $266,846 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
McGregor PACE provides aging services that address the medical, rehabilitative, social, and personal care needs of older adults in Cuyahoga, Summit, and Lorain counties, using a community-based approach so people can continue living at home independently in familiar surroundings. We improve the quality of life for older adults in Cuyahoga, Lorain and Summit counties by allowing them to remain living in their community while receiving the extra support they need. Our Vision. As part of McGregor, a mission-driven, non-profit senior care organization, McGregor PACE provides aging services that address the medical, rehabilitative, social, and personal care needs of older adults in Cuyahoga, Summit and Lorain counties. Using a community-based approach, McGregor PACE provides the extra support that some adults need to continue to live at home independently in familiar surroundings. If you...
What it reported doing in 2024
Mcgregor pace (program of all-inclusive care for the elderly) enables low-income seniors in the greater cleveland area to age at home rather than in a residential care facility. The program is based on the belief that it is better for the well-being of seniors with chronic care needs and their families to be served in the community whenever possible. The program provides all inclusive healthcare through an on site clinic and community of physicians and participation at the adult day care center including meals, supervision & activities. The program serves approximately 700 seniors on a daily basis.
Operating model
- Revenue model
- Earned-program. 85% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 97% 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. Total assets are small relative to annual expenses; liquid coverage is unknown and liabilities are high compared with assets.
Rating breakdown
- Financial Efficiency: 75
- Transparency & Controls: 87
- Accountability: 100
- Sustainability: 61
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 77.5%; rating input score 78
- Program expense ratio: 94.5%; rating input score 95
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 68th 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: Pass
- Compensation survey or study: Missing
- Board or committee approval: Pass
- Foreign activity oversight: Limited
- Grant itemization coverage: 99.8%; rating input score 100; 45th percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 77th 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: 17%; rating input score 85; 85th percentile among comparable filings
- Total-asset coverage ratio: 0.65; rating input score 25; 25th percentile among comparable filings
- Liabilities to assets ratio: 0.3; rating input score 55; 55th percentile among comparable filings
- Officer compensation ratio: 1.8%; rating input score 60; 60th percentile among comparable filings
Growth
- Program expense growth: 11.5% per year; rating input score 100; 79th percentile among comparable filings
- Revenue growth: 11.7% per year; rating input score 100; 82nd percentile among comparable filings
- Asset growth: 18.1% per year; rating input score 100; 91st percentile among comparable filings
Details
- What they do: 4 programs and campaigns described on the official site · 3 operating locations identified
- Where the money goes: 77.5% of revenue deployed · 94.5% of spending went to programs
- Governance: 20 of 20 board members independent · 9 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $58.6M in reported program spending
- Leadership: top reported pay $455K · 28 people listed · 4 of 6 pay-setting controls reported
- Highest-paid contractors: 5 contractors listed · $11.3M reported
- Consistency: 33 of 33 current checks pass
- Schedules: 7 filed schedules · includes major donors, grants, and executive pay
- Filing history: 13 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 7 filed money-flow records
- Related organizations: 7 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: Total-asset coverage ratio scored 25/100.
- Review — Sustainability: Liabilities to assets ratio scored 55/100.