Nazareth Home of the Franciscan Sisters

Nonprofit profile at a glance

EIN
160813142
IRS 990 coverage
2014–2024
Forms available
Form 990 2024
Location
Buffalo, NY, USA
Phone
7168282974
Rating confidence
Limited
Sector
Nursing, Convalescent Facilities
Affiliation
Christianity

Official website

Reported finances

Revenue
$0
Expenses
$1,734
Assets
$2,958,026
Liabilities
$0

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

29 people listed

Executive titles in this filing

  • JOYCE MARKIEWICZ (PRESIDENT & CHIEF EXECUTIVE OFFICER ADMINISTRATION)
  • RUSSELL EDWARDS (VICE PRESIDENT FINANCE CORPORATE CONTROLLER)
  • JAMES M GARVEY (EXECUTIVE VICE PRESIDENT CHIEF OPERATING OFFICER)
  • DR MICHAEL GALANG (SENIOR VICE PRESIDENT & CHIEF INFORMATION OFFICER)
  • BARTHOLOMEW RODRIGUES (EXECUTIVE VICE PRESIDENT- CHIEF MISSION AND ETHICS)
  • MARTIN BORYSZAK (SENIOR VICE PRESIDENT ACUTE CARE & PRESIDENT MERCY)

Highest reported compensation

  • JOYCE MARKIEWICZ (PRESIDENT & CHIEF EXECUTIVE OFFICER ADMINISTRATION): $1,912,200 total reported compensation
  • MARK SULLIVAN (PRESIDENT CHS - FORMER): $1,864,539 total reported compensation
  • JAMES M GARVEY (EXECUTIVE VICE PRESIDENT CHIEF OPERATING OFFICER): $1,037,889 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

The catholic health system (chs) mission is to provide quality healthcare services in a long term care setting. Committed to a common mission, chs providers continue the healing ministry of jesus seeking to improve the health of individuals and communities. We provide high quality service that has reverence, compassion, justice, and excellence. The 2024 community service plan can be found at www.chsbuffalo.org.

What it reported doing in 2024

Nazareth nursing home was a 125 bed skilled nursing facility that closed in december of 2007.in 2013, catholic health system's(chs) consolidated statement of operations and changes in net assets, reflected discontinued opereration with nazareth nursing facility. Chs sold nazareth nursing facility.

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
Distribution model
No current program activity. The filing reports no program spending for the current year.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: 0
  • Transparency & Controls: 93
  • Accountability: 83
  • Sustainability: 37
  • Growth: 20

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 0%; rating input score 0
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 6 of 6 controls in place; rating input score 100
    • Compensation committee: Pass
    • Independent consultant: Pass
    • Other Form 990s reviewed: Pass
    • Written employment contract: Pass
    • Compensation survey or study: Pass
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 71.4%; rating input score 71; 23rd 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: Limited
  • Total-asset coverage ratio: 1,705.9; rating input score 99; 99th percentile among comparable filings
  • Liabilities to assets ratio: 0; rating input score 69; 69th percentile among comparable filings
  • Officer compensation ratio: 30,869.1%; rating input score 0; 0th percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: -45.5% per year; rating input score 0; 9th percentile among comparable filings
  • Asset growth: 0.8% per year; rating input score 100; 45th percentile among comparable filings

Details

  • Where the money goes: 0% of spending went to programs
  • Governance: 10 of 14 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $1.9M · 29 people listed · 6 of 6 pay-setting controls reported
  • Consistency: 11 of 11 current checks pass
  • Schedules: 6 filed schedules · includes executive pay
  • Filing history: 10 filing years from 2014 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 3 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 — Financial Efficiency: Program expense ratio scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 0/100.