Village at Marymount

Nonprofit profile at a glance

EIN
205652595
IRS 990 coverage
2010–2022
Forms available
Form 990 2022
Location
Garfield Heights, OH, USA
Phone
2163321100
Rating
82
Verdict
STRONG
Rating confidence
Moderate
Affiliation
Christianity

Official website

Reported finances

Revenue
$19,526,584
Expenses
$19,984,819
Assets
$8,994,737
Liabilities
$18,910,114

Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.

Leadership & pay

14 people listed

Executive titles in this filing

  • JEFFRY A MYERS (PRESIDENT)
  • DANIEL NAPIERKOWSKI (EX OFFICIO PRESIDENT)
  • SUZANNE NALL (Executive director)

Highest reported compensation

  • JEFFRY A MYERS (PRESIDENT): $233,546 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide comprehensive health care services in response to the needs of the local community by establishing leasing & operating health care facilities consistent with the philosophy of the roman catholic religious congregation known as the sisters of st joseph

What it reported doing in 2022

Village of Marymount operates Villa St. Joseph which is a licensed home for the elderly in the state of Ohio. Villa St. Joseph is a 130-bed nursing and 12-bed Alzheimer facility which includes Clare Hall, a 28-bed building wing that provides skilled and intermediate nursing care to members of the congregation and the community. Village of Marymount provided 37,842 patient days of care in 2021 at Villa St. Joseph. The organization participates in the variety of community events such as health care fairs, senior suppers, wellness programs, and Red Cross blood drives. It provides services for seniors who are looking for life-long living options that will meet their changing medical, social, and spiritual needs. Village of Marymount thrives to provide an environment of compassion, competence, and celebration of life to all entrusted to the community of care.

Operating model

Revenue model
Earned-program. 98% 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

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 total assets are small relative to annual expenses; liquid coverage is unknown.

Rating breakdown

  • Financial Efficiency: 86
  • Transparency & Controls: 71
  • Accountability: 100
  • Sustainability: 25
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 96.7%; rating input score 97
  • Program expense ratio: 94.5%; rating input score 95
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 92.9%; rating input score 93; 10th percentile among comparable filings
  • Pay-setting controls: 2 of 6 controls in place; rating input score 33
    • Compensation committee: Missing
    • Independent consultant: Missing
    • Other Form 990s reviewed: Missing
    • Written employment contract: Missing
    • Compensation survey or study: Pass
    • 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; 66th 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: -2.3%; rating input score 24; 24th percentile among comparable filings
  • Total-asset coverage ratio: 0.45; rating input score 13; 13th percentile among comparable filings
  • Liabilities to assets ratio: 2.1; rating input score 1; 1st percentile among comparable filings
  • Officer compensation ratio: 1.2%; rating input score 83; 83rd percentile among comparable filings

Growth

  • Program expense growth: 1.5% per year; rating input score 100; 22nd percentile among comparable filings
  • Revenue growth: 0.8% per year; rating input score 100; 14th percentile among comparable filings
  • Asset growth: 3.4% per year; rating input score 100; 27th percentile among comparable filings

Details

  • Where the money goes: 96.7% of revenue deployed · 94.5% of spending went to programs
  • Governance: 11 of 11 board members independent · 8 of 8 filing controls reported
  • Programs: 2 filed program accomplishments · $18.9M in reported program spending
  • Leadership: top reported pay $234K · 14 people listed · 2 of 6 pay-setting controls reported
  • Highest-paid contractors: 5 contractors listed · $2.3M reported
  • Consistency: 29 of 30 current checks pass · 1 finding to review
  • Schedules: 8 filed schedules · includes major donors and executive pay
  • Filing history: 12 filing years from 2010 to 2022
  • Contacts: How to reach this organization
  • Money network: 1 filed money-flow record
  • Related organizations: 4 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 — Sustainability: Operating margin scored 24/100.
  • High — Sustainability: Total-asset coverage ratio scored 13/100.
  • High — Sustainability: Liabilities to assets ratio scored 1/100.
  • Moderate — Transparency & Controls: Schedule A contributions reconciliation did not reconcile in the filed values.