Promedica at Home Inc

Nonprofit profile at a glance

EIN
852320857
IRS 990 coverage
2020–2020
Forms available
Form 990 2020
Location
Toledo, OH, USA
Phone
4192525772
Rating confidence
Limited

Official website

Reported finances

Revenue
$0
Expenses
$48,207
Assets
$167,000
Liabilities
$9,961

Source: IRS Form 990. Selected filing: tax year 2020. Amounts in USD.

Leadership & pay

36 people listed

Executive titles in this filing

  • RANDALL OOSTRA (PHS PRES. & CEO, EX OFFICIO)
  • HOLLY L BRISTOLL (PRESIDENT, PROMEDICA AT HOME)

Highest reported compensation

  • RANDALL OOSTRA (PHS PRES. & CEO, EX OFFICIO): $4,108,624 total reported compensation
  • STEVEN M CAVANAUGH (TREASURER): $2,153,239 total reported compensation
  • JEFFREY C KUHN (SECRETARY): $1,185,568 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2020. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

As an integral part of promedica health system, inc., we will be the premier community-based management services organization and provider of related healthcare services for northwest Ohio/sourtheast Michigan, offering quality, cost-effective, efficient, and value-added services to achieve superior patient satisfaction and a financially viable network of physicians supporting the medical needs of the community.

What it reported doing in 2020

Promedica at home, inc. Works with promedica's extensive network of in-home care providers to provide care at home for patients with select chronic conditions or diagnoses such as heart failure, pneumonia or copd. The goal is to provide hospital-level care in the comfort of a patient's home. The care team consists of physicians, nurse practitioners, registered nurses, and may include other healthcare professionals, such as physical or occupational therapists, as needed. - see schedule o

Operating model

Revenue model
No positive adjusted resources. The filing reports no positive adjusted operating resources.
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

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

Rating breakdown

  • Financial Efficiency: 75
  • Transparency & Controls: 55
  • Accountability: 75
  • Sustainability: 15
  • Growth: NotEnoughData

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 90.9%; rating input score 91; 16th 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: No; rating input score 0

Accountability

  • Independent voting board: 72.7%; rating input score 73; 22nd 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: Limited
  • Total-asset coverage ratio: 3.46; rating input score 41; 41st percentile among comparable filings
  • Liabilities to assets ratio: 0.06; rating input score 23; 23rd percentile among comparable filings
  • Officer compensation ratio: 1,061.4%; rating input score 1; 1st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: Limited

Details

  • Where the money goes: 100% of spending went to programs
  • Governance: 24 of 33 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $48K in reported program spending
  • Leadership: top reported pay $4.1M · 36 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 13 of 14 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes executive pay
  • Contacts: How to reach this organization
  • Related organizations: 67 filed related-organization links
  • 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 — Transparency & Controls: Related-party transparency scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 41/100.
  • Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.
  • High — Sustainability: Officer compensation ratio scored 1/100.
  • High — Sustainability: Liabilities to assets ratio scored 23/100.