Vassar-warner Home
Nonprofit profile at a glance
- EIN
- 237334637
- IRS 990 coverage
- 2009–2024
- Forms available
- Form 990 2024
- Location
- Poughkeepsie, NY, USA
- Phone
- 8454543754
- Rating
- 86
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Supportive Housing for Older Adults
Reported finances
- Revenue
- $235,248
- Expenses
- $731,894
- Assets
- $773,175
- Liabilities
- $550,731
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
13 people listed
Executive titles in this filing
- ELLEN C SMYTH ENDED OCT2024 (PRESIDENT)
- GARY GRANDSTAFF ENDED OCT2024 (VICE PRESIDENT)
- RICHARD SCHUSTER START OCT2024 (PRESIDENT)
- DAWN REVELLE START OCT2024 (VICE PRESIDENT)
- ERICKA VON SALEWS (EXECUTIVE DIRECTOR)
Highest reported compensation
- ERICKA VON SALEWS (EXECUTIVE DIRECTOR): $117,844 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Offer a sensitive and caring environment for residents with the highest quality of service regardless of race, religion, ethnic origin, or socio-economic background. We will make every effort to provide the compassion and warmth of a true home. Our residents will maintain individual well-being, dignity, independence, and a strong sense of community.
What it reported doing in 2024
Adult home services including assisted living and room and board - the home's services include providing care and services to seniors in a home-like environment, enabling residents to enjoy their independence with the added comfort and protection of assistance when needed.
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
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 82
- Transparency & Controls: 100
- Accountability: 90
- Sustainability: 16
- Growth: 80
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 79.6%; rating input score 80
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 64th percentile among comparable filings
- Pay-setting controls: Limited
- 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: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 6 of 8 controls in place; rating input score 75
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- 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: Fail
Sustainability
- Operating margin: -211.1%; rating input score 1; 1st percentile among comparable filings
- Total-asset coverage ratio: 1.06; rating input score 42; 42nd percentile among comparable filings
- Liabilities to assets ratio: 0.71; rating input score 8; 8th percentile among comparable filings
- Officer compensation ratio: 16.1%; rating input score 23; 23rd percentile among comparable filings
Growth
- Program expense growth: 1% per year; rating input score 100; 35th percentile among comparable filings
- Revenue growth: 0.2% per year; rating input score 100; 25th percentile among comparable filings
- Asset growth: -11.6% per year; rating input score 0; 5th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 79.6% of spending went to programs
- Governance: 7 of 7 board members independent · 6 of 8 filing controls reported
- Programs: 1 filed program accomplishment · $583K in reported program spending
- Leadership: top reported pay $118K · 13 people listed
- Consistency: 30 of 30 current checks pass
- Schedules: 5 filed schedules · includes major donors and related organizations
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 1 filed money-flow record
- Related organizations: 1 filed related-organization link
- 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 — Sustainability: Operating margin scored 1/100.
- Review — Accountability: Governance controls: 2 of 8 not reported.
- High — Growth: Asset growth scored 0/100.
- Moderate — Sustainability: Total-asset coverage ratio scored 42/100.
- High — Sustainability: Liabilities to assets ratio scored 8/100.
- High — Sustainability: Officer compensation ratio scored 23/100.