Trinity Health Pace

Nonprofit profile at a glance

EIN
473073124
IRS 990 coverage
2015–2024
Forms available
Form 990 2024, Form 990-N 2014
Location
Livonia, MI, USA
Phone
7343431000
Rating
58
Verdict
MIXED
Rating confidence
Moderate

Official website

Reported finances

Revenue
$30,254,553
Expenses
$25,987,122
Assets
$47,799,953
Liabilities
$38,877,294

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

Leadership & pay

25 people listed

Executive titles in this filing

  • DANIEL DRAKE (DIR; PRESIDENT & CEO CONT CARE)
  • MARYBETH HLAVAC (VICE PRESIDENT, SALES AND ENROLLMENT)

Highest reported compensation

  • BENJAMIN CARTER (DIR; CHAIR AT 1/25; TRIN EVP & COO): $3,488,982 total reported compensation
  • DANIEL ISACKSEN (DIRECTOR AT 1/25; TRINITY EVP, CFO): $2,827,147 total reported compensation
  • DANIEL ROTH MD (DIR AT 1/25; TRIN CHIEF CLIN OFFCR): $2,494,986 total reported compensation

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

Overview

Mission

We, trinity health pace and trinity health, serve together in the spirit of the gospel as a compassionate and transforming healing presence within our communities.trinity health pace is a member of trinity health.

What it reported doing in 2024

Trinity health pace (program of all-inclusive care for the elderly) is located in livonia, Michigan and a member of trinity health, one of the largest multi-institutional catholic health care delivery systems in the nation.trinity health pace programs are nationally recognized for providing comprehensive medical, health, recreational, and social services that are designed specifically for each person in an effort to promote independence at home. Pace has a 30-year track record of successfully helping elderly individuals remain at home while receiving medical and social services to assist them to live independently. We offer compassionate care and enable seniors to live with dignity in the comfort of their own home while receiving essential health care services.pace is a managed-care program that uses an interdisciplinary team approach to provide patients with medical, social, nutritional and rehabilitative services. The pace program makes it possible for those who are frail and who meet nursing home eligibility criteria to live with dignity and pride in their own homes while receiving all the care they need, including:-primary medical and specialty care-prescription medications-basic dental care-all adhc services-hospitalizationour programs serve elderly people with multiple medical problems who:-are 55 years old and over-need special care and assistance-would like to remain in their home-are medicaid and/or medicare eligible or private pay-live in the program service areaplease visit our website for additional information: www.trinityhealthpace.org

Operating model

Revenue model
Earned-program. 99% of the money available for current operations came from fees and other program revenue.
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

MIXED - The filed numbers largely add up and program spending has grown recently. A relatively small share of voting board members are independent and a relatively small share of available resources goes toward mission work.

Rating breakdown

  • Financial Efficiency: 56
  • Transparency & Controls: 71
  • Accountability: 32
  • Sustainability: 56
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 59.3%; rating input score 59
  • Program expense ratio: 68.9%; rating input score 69
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 62nd 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: Yes; rating input score 100
  • Related-party transparency: Yes; rating input score 100

Accountability

  • Independent voting board: 0%; rating input score 0; 3rd 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: 14.1%; rating input score 75; 75th percentile among comparable filings
  • Total-asset coverage ratio: 1.84; rating input score 59; 59th percentile among comparable filings
  • Liabilities to assets ratio: 0.81; rating input score 13; 13th percentile among comparable filings
  • Officer compensation ratio: 10.6%; rating input score 18; 18th percentile among comparable filings

Growth

  • Program expense growth: 20.1% per year; rating input score 100; 90th percentile among comparable filings
  • Revenue growth: 22.1% per year; rating input score 100; 93rd percentile among comparable filings
  • Asset growth: 25.4% per year; rating input score 100; 94th percentile among comparable filings

Details

  • Where the money goes: 59.3% of revenue deployed · 68.9% of spending went to programs
  • Governance: 0 of 7 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $17.9M in reported program spending
  • Leadership: top reported pay $3.5M · 25 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $5.7M reported
  • Consistency: 35 of 35 current checks pass
  • Schedules: 7 filed schedules · includes major donors, executive pay, and related organizations
  • Filing history: 10 filing years from 2015 to 2024
  • Contacts: How to reach this organization
  • Money network: 4 filed money-flow records
  • Related organizations: 308 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 — Accountability: Independent voting board scored 0/100.
  • Review — Financial Efficiency: Mission deployment rate scored 59/100.
  • High — Transparency & Controls: Pay-setting controls scored 0/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 59/100.
  • High — Sustainability: Liabilities to assets ratio scored 13/100.
  • High — Sustainability: Officer compensation ratio scored 18/100.