The Downtown Plaza

What it reported doing in 2012

See schedule o.the downtown plaza, f/k/a fairview seminary home, became a member of the mayo clinic health system on july 1, 2012. Prior to that they were part of the fairview health system. Mayo clinic health system is a family of clinics, hospitals and health care facilities serving communities in Minnesota, Iowa and Wisconsin. As part of mayo clinic, mayo clinic health system offers outstanding care close to home. Physicians and staff in mayo clinic health system have ready access to the knowledge, resources, and expertise of mayo clinic, yet can meet patients' health care needs locally. Mayo clinic health system is part of the community, focused on improving the health of the communities in which we live and work. Mayo clinic health system teams with mayo clinic to deliver unparalleled health care to communities through an integrated network of clinics and hospitals.in 2012, mayo clinic health system sites employed approximately 1,000 physicians and 14,000 allied health staff. In addition, mayo clinic physicians from multiple specialties regularly see patients at the mayo clinic health system facilities. Besides having health care facilities in 72 communities, the system includes 18 owned hospitals, six owned nursing homes, physician service agreements with two additional hospitals, and contract management agreements with an additional hospital and nursing home. Since its inception in 1992, mayo clinic health system has grown from a new idea to one of the most successful regional health care systems in america. Mayo clinic health system completes more than two-million patient visits annually. It also serves as a national leader in quality and safety efforts being recognized six times by the american medical group associations acclaim award program (2005 acclaim award recipient and five-time acclaim award honoree). The acclaim awards honor physician-led organizations delivering care aligned with the ideal delivery model where patients experience safe, reliable, responsive, readily available and integrated care. In addition, the Minnesota council for quality has recognized mayo clinic health system three times for its performance excellence efforts. Individual mayo clinic health system locations have also been honored for their commitment to quality, safety, service, performance and their communities.people in Minnesota, Iowa and Wisconsin can have peace of mind knowing that mayo clinic health system and mayo clinic partner to ensure healthier lives in the region.the downtown plaza owns and manages a 95 unit apartment building in red wing, Minnesota, constructed especially for the elderly. Its program is designed to satisfy the needs of the elderly in housing and health care, and the organization only rents to people who are 55 and older. It is the goal of the corporation to maintain residents in the building so long as they are healthy enough to remain once they have entered the apartment building. Although not provided by the organization, residents can remain in their apartment if receiving hospice services or home health services. The organization provides support services, such as nurse visits, at no charge to assist the elderly residents maintain their independence as long as possible.full time staff provide limited counseling, make referrals to available health and social services not provided, and operate a program to check daily to assure that each resident is alive and well. The staff interviews incoming residents to ascertain their needs and provide the information needed to seek help. Each room is equipped with a pull cord that sends a message directly to ambulance services. Congregate dining is available daily for those who want this service. The daily availability of the staff allows them to keep a watchful eye and assist with emergencies.other recreational and social activities provided include: art appreciation classes, dances, holiday parties, picnics, weekly game nights and nightly card games. Downtown plaz

Financial Efficiency

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

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 60th 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: 100%; rating input score 100; 74th percentile among comparable filings
• Major donor itemization: Limited
• Related-party transparency: Limited

Accountability

• Independent voting board: 40%; rating input score 40; 9th 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: -589.6%; rating input score 0; 0th percentile among comparable filings
• Total-asset coverage ratio: 0; rating input score 0; 0th percentile among comparable filings
• Liabilities to assets ratio: Limited
• Officer compensation ratio: 8.6%; rating input score 41; 41st percentile among comparable filings

Growth

• Program expense growth: Limited
• Revenue growth: -0.8% per year; rating input score 0; 34th percentile among comparable filings
• Asset growth: -73.6% per year; rating input score 0; 1st percentile among comparable filings