United Methodist Homes Inc

Nonprofit profile at a glance

EIN
060987394
IRS 990 coverage
2009–2024
Forms available
Form 990 2024
Location
Shelton, CT, USA
Phone
2039448285
Rating
68
Verdict
SUPPORTED
Rating confidence
Standard
Sector
Human Service Organizations
Affiliation
Christianity

Official website

Reported finances

Revenue
$4,164,706
Expenses
$3,423,203
Assets
$23,072,875
Liabilities
$715,607

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

Leadership & pay

31 people listed

Executive titles in this filing

  • ZVONIMIR JUKIC (VICE PRESIDENT OF FINANCE)
  • JON-PAUL VENOIT (PRESIDENT & CEO, ASSISTANT SECRETARY)

Highest reported compensation

  • JON-PAUL VENOIT (PRESIDENT & CEO, ASSISTANT SECRETARY): $855,894 total reported compensation
  • DAVID M LAWLOR CFO ASSISTANT (TREASURER (EFFECTIVE 01/01/25)): $829,570 total reported compensation
  • ZVONIMIR JUKIC (VICE PRESIDENT OF FINANCE): $195,241 total reported compensation

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

Overview

Mission

To provide a continuum of services that supports health, independence, and dignity. We build this continuum on the belief that a relationship-centered philosophy best sustains body, mind and spirit.

What it reported doing in 2024

United methodist homes, inc. Provides housing and health care services through its affiliates.united methodist homes' affiliates include:- bishop wicke health and rehabilitation center, inc. Is a 120 bed non-profit skilled nursing facility.- wesley heights, inc. Offers elderly persons a community life-style dedicated to promoting their health, security, happiness, and usefulness in longer living by providing, on a non-profit basis, appropriate housing, medical, nursing and related facilities, and services especially designed to meet their physical, social, and psychological needs. Wesley heights operates 202 units including studio, efficiency, and congregate apartments and cottages.- crosby commons, inc. Is a 68 unit non-profit, managed residential community. - carelink corporation is a non-profit, licensed assisted living services agency which provides services to residents of certain affiliates. - the long hill company is a Connecticut corporation that provides management and consulting services to affiliates and third party clients. Long hill is the parent of two wholly owned subsidiaries, middlewoods of farmington, llc and senior living services, llc, collectively ("long hill and subsidiaries"). Middlewoods of farmington, llc is a Connecticut limited liability company that operates as a managed residential care facility. Senior living services, llc is a limited liability company licensed as an assisted living services agency which provides services to residents of middlewoods of farmington, llc. - middlewoods of newington, inc. Is a 60 unit non-profit, managed residential community.- wesleyan foundation for health and aging, inc. Is a non-profit foundation established to provide funding for the care of seniors by providing financial support to umh and its affiliates.

Operating model

Revenue model
Mixed. Its operating money came from several sources; no one source provided a clear majority.
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 - The filed numbers largely add up and most voting board members are independent. A relatively small share of available resources goes toward mission work and a relatively small share of total spending goes to programs.

Rating breakdown

  • Financial Efficiency: 41
  • Transparency & Controls: 84
  • Accountability: 100
  • Sustainability: 70
  • Growth: 60

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 32.2%; rating input score 32
  • Program expense ratio: 54.2%; rating input score 54
  • Fundraising efficiency: $15.27 raised per $1 spent on fundraising; rating input score 51; 51st percentile among comparable filings

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: 3 of 6 controls in place; rating input score 50
    • Compensation committee: Pass
    • Independent consultant: Missing
    • Other Form 990s reviewed: Pass
    • Written employment contract: Missing
    • Compensation survey or study: Missing
    • Board or committee approval: Pass
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Yes; rating input score 100
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
  • Governance controls: 9 of 9 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: Pass
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 17.8%; rating input score 74; 74th percentile among comparable filings
  • Total-asset coverage ratio: 6.74; rating input score 87; 87th percentile among comparable filings
  • Liabilities to assets ratio: 0.03; rating input score 76; 76th percentile among comparable filings
  • Officer compensation ratio: 36.4%; rating input score 3; 3rd percentile among comparable filings

Growth

  • Program expense growth: -1.5% per year; rating input score 0; 10th percentile among comparable filings
  • Revenue growth: 1.8% per year; rating input score 100; 19th percentile among comparable filings
  • Asset growth: 4.5% per year; rating input score 100; 32nd percentile among comparable filings

Details

  • Where the money goes: 32.2% of revenue deployed · 54.2% of spending went to programs
  • Governance: 26 of 26 board members independent · 9 of 9 filing controls reported
  • Programs: 1 filed program accomplishment · $1.9M in reported program spending
  • Leadership: top reported pay $856K · 31 people listed · 3 of 6 pay-setting controls reported
  • Consistency: 30 of 30 current checks pass
  • Schedules: 6 filed schedules · includes major donors and executive pay
  • Filing history: 16 filing years from 2009 to 2024
  • Contacts: How to reach this organization
  • Money network: 3 filed money-flow records
  • Related organizations: 19 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.
  • Staff and benefit plans: Retirement and health plans the organization files with the Department of Labor, and the people in them.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Moderate — Financial Efficiency: Mission deployment rate scored 32/100.
  • Review — Financial Efficiency: Program expense ratio scored 54/100.
  • Review — Financial Efficiency: Fundraising efficiency scored 51/100.
  • High — Growth: Program expense growth scored 0/100.
  • High — Sustainability: Officer compensation ratio scored 3/100.