The Villa at Florham Park Inc

Nonprofit profile at a glance

EIN
475324404
IRS 990 coverage
2017–2024
Forms available
Form 990 2024
Location
Burlington, NJ, USA
Phone
6093867171
Rating confidence
Limited

Official website

Reported finances

Revenue
$0
Expenses
$0
Assets
$0
Liabilities
$0

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

Leadership & pay

14 people listed

Executive titles in this filing

  • COLLEEN P FRANKENFIELD (PRESIDENT & CEO)
  • JEANNINE RICHMAN (SR. VICE PRESIDENT & CFO)
  • SHERRY OUTTEN (SR. VICE PRESIDENT & COO)

Highest reported compensation

  • COLLEEN P FRANKENFIELD (PRESIDENT & CEO): $891,854 total reported compensation
  • SHERRY OUTTEN (SR. VICE PRESIDENT & COO): $434,776 total reported compensation
  • JEANNINE RICHMAN (SR. VICE PRESIDENT & CFO): $370,833 total reported compensation

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

Overview

Mission

Through the power of the holy spirit and in response to god's love as revealed in the gospel, the mission of lutheran social ministries of nj is to serve those who hurt, who are in need, or who have limited choices through an array of health care and social services in nj.

What it reported doing in 2024

The villa at florham park operated a skilled nursing and assisted living facility for elderly residents in a facility licensed for 56 skilled nursing, 21 assisted living beds, and 27 comprehensive personal care units. It also made available short-term rehabilitation to its own residents as well as those in the community. Census at the villa was lower during 2020 due to the covid-19 pandemic and a shortage of staff. As a result, management made the decision to close the facility during 2021, and the final resident was discharged on june 10, 2021. On april 27, 2023, the villa was sold to an independent third party and officially dissolved in 2024.

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: NotEnoughData
  • Transparency & Controls: 56
  • Accountability: 95
  • Sustainability: NotEnoughData
  • Growth: 0

Detailed rating inputs

Financial Efficiency

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

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 25th 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: Limited

Accountability

  • Independent voting board: 91.7%; rating input score 92; 27th percentile among comparable filings
  • Governance controls: 8 of 8 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: NotApplicable
    • 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: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: -27.4% per year; rating input score 0; 13th percentile among comparable filings
  • Revenue growth: -32.6% per year; rating input score 0; 12th percentile among comparable filings
  • Asset growth: -22.7% per year; rating input score 0; 6th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: 11 of 12 board members independent · 8 of 8 filing controls reported
  • Programs: 1 filed program accomplishment
  • Leadership: top reported pay $892K · 14 people listed · 0 of 6 pay-setting controls reported
  • Consistency: 10 of 11 current checks pass · 1 finding to review
  • Schedules: 5 filed schedules · includes executive pay
  • Filing history: 7 filing years from 2017 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 27 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 — Transparency & Controls: Pay-setting controls scored 0/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Growth: Revenue growth scored 0/100.
  • Moderate — Transparency & Controls: Series filing activity did not reconcile in the filed values.
  • High — Growth: Asset growth scored 0/100.