St Mary's Holding Company Inc

Nonprofit profile at a glance

EIN
853568342
IRS 990-EZ coverage
2022–2024
Forms available
Form 990-EZ 2024, Form 990-N 2021
Location
Leonardtown, MD, USA
Phone
3014758000
Rating confidence
Limited
Sector
Supportive Housing for Older Adults

Reported finances

Expenses
$50
Assets
$300,303
Liabilities
$300,549

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

Leadership & pay

12 people listed

Executive titles in this filing

  • W DAVID VIAR JR (PRESIDENT)
  • JUDITH H STERLING (VICE PRESIDENT)

People named in this filing

  • DENISE MORSTENSEN (BOARD MEMBER)
  • JAMES O FARRELL (BOARD MEMBER)
  • ALLEN BURTON (BOARD MEMBER)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

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

Overview

Mission

To provide quality of life services in southern Maryland to the adult population in a dignified and compassionate manner.

What it reported doing in 2024

The st. Mary's holding company has been established to oversee the operations of st. Mary's assisted living facility, llc. St. Mary's holding company is the sole member of st. Mary's assisted living facility, llc. As a single member llc, st. Mary's assisted living facility is a disregarded entity for tax purposes. St. Mary's assisted living facility is in the process of developing and constructing a dedicated memory care assisted living facility to care for the adult population of southern Maryland. Recent progress has included the purchase of a 21 acre parcel of land, and annexation of the land into the local township for the purpose of securing public water and sewer service to the property. Zoning modifications have been made to accommodate the new building, and site plan approval has been received. Final review of general contractor proposals is currently being conducted for construction of the new facility.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

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: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: 37
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: 6,006.06; rating input score 100; 100th percentile among comparable filings
  • Liabilities to assets ratio: 1; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 51; 51st percentile among comparable filings

Growth

  • Program expense growth: Limited
  • Revenue growth: Limited
  • Asset growth: -0% per year; rating input score 0; 65th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 12 people listed
  • Consistency: 4 of 4 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 3 filing years from 2022 to 2024
  • Contacts: How to reach this organization
  • Related organizations: Filed and resolved organization relationships.
  • 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 — Growth: Asset growth scored 0/100.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.
  • Review — Sustainability: Officer compensation ratio scored 51/100.