Trinity Health Pace Alexandria Inc

Nonprofit profile at a glance

EIN
923433625
IRS 990 coverage
2023–2024
Forms available
Form 990 2024, Form 990-EZ 2022
Location
Livonia, MI, USA
Phone
7343431000
Rating
71
Verdict
SUPPORTED
Rating confidence
Moderate
Sector
Health Treatment Facilities, Primarily Outpatient

Official website

Reported finances

Revenue
$5,377,942
Expenses
$6,923,616
Assets
$6,759,454
Liabilities
$10,350,909

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

Leadership & pay

21 people listed

Executive titles in this filing

  • DANIEL DRAKE (DIR; PRESIDENT & CEO CONT CARE)

Highest reported compensation

  • BENJAMIN CARTER (DIRECTOR THR 12/24; TRIN EVP & COO): $3,488,982 total reported compensation
  • DANIEL DRAKE (DIR; PRESIDENT & CEO CONT CARE): $1,010,454 total reported compensation
  • MARCUS BOWENS (TREASURER; CFO CONTINUING CARE): $726,523 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 alexandria is a member of trinity health pace and trinity health.

What it reported doing in 2024

Trinity health pace alexandria is a program of all-inclusive care for the elderly (pace), serving seniors in rapides and avoyelles parishes in Louisiana. Our unique program provides full-circle care to seniors so they can remain independent and age safely and comfortably in their own homes.trinity health pace alexandria offers a full spectrum of health care services to the elderly, from primary to acute to long-term care. Seniors who qualify for nursing home care alternatively have the option to receive comprehensive care from an interdisciplinary team of experts, all focused on improving participants' health. At the wellness center seniors receive clinical and rehabilitation therapy and build relationships with doctors, nurses, and fellow participants all under one roof.the integrated care provided by the wellness center includesall medical, nursing, social and behavioral services, such as adult daycare, medication, vision & hearing care, dental care, nutrition, occupational, physical and speech therapies, spiritual support, andmore.please visit our website for additional information: www.trinityhealthpace.org/alexandria

Operating model

Revenue model
Earned-program. 100% 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

SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and a relatively small share of voting board members are independent.

Rating breakdown

  • Financial Efficiency: 85
  • Transparency & Controls: 67
  • Accountability: 56
  • Sustainability: 17
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 87%; rating input score 87
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd 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: Yes; rating input score 100

Accountability

  • Independent voting board: 40%; rating input score 40; 7th 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: -28.7%; rating input score 4; 4th percentile among comparable filings
  • Total-asset coverage ratio: 0.98; rating input score 36; 36th percentile among comparable filings
  • Liabilities to assets ratio: 1.53; rating input score 2; 2nd percentile among comparable filings
  • Officer compensation ratio: 7.8%; rating input score 38; 38th percentile among comparable filings

Growth

  • Program expense growth: 119.8% per year; rating input score 100; 99th percentile among comparable filings
  • Revenue growth: 147.8% per year; rating input score 100; 100th percentile among comparable filings
  • Asset growth: 69.3% per year; rating input score 100; 99th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 87% of spending went to programs
  • Governance: 2 of 5 board members independent · 7 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $6M in reported program spending
  • Leadership: top reported pay $3.5M · 21 people listed · 0 of 6 pay-setting controls reported
  • Highest-paid contractors: 2 contractors listed · $262K reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 6 filed schedules · includes executive pay and related organizations
  • Filing history: 2 filing years from 2023 to 2024
  • Contacts: How to reach this organization
  • 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 — Transparency & Controls: Pay-setting controls scored 0/100.
  • Moderate — Accountability: Independent voting board scored 40/100.
  • High — Sustainability: Operating margin scored 4/100.
  • Review — Accountability: Governance controls: 2 of 9 not reported.
  • Moderate — Sustainability: Total-asset coverage ratio scored 36/100.
  • High — Sustainability: Liabilities to assets ratio scored 2/100.
  • Moderate — Sustainability: Officer compensation ratio scored 38/100.