2024-11-14T09:59:24-07:00 2023-12-31 990 2023-01-01 340946931 ST EDWARD HOME STED 3306661183 3131 Smith Road Fairlawn OH 44333 Brian Renkas V.P. of Finance/CFO 2344665213 2024-11-14 1 2023 2024-10-15 13:58:12Z The Village of St Edward Brian Renka 3131 Smith Road Fairlawn OH 44333 21283459 0 0928 X www.vsecommunities.org X 1970 OH The Village of St. Edward is a senior living community operating in Fairlawn, Ohio with specialized care including Independent Living, Assisted Living, Assisted Living Memory Care and Skilled Nursing in a faith based environment that is consistent with Catholic tradition and teaching. 20 19 432 20 0 0 4185212 599923 17363417 18605247 274971 477867 954633 995375 22778233 20678412 0 0 0 0 11390673 12439512 0 0 0 8665124 8165845 20055797 20605357 2722436 73055 30585577 30708381 20868670 20153264 9716907 10555117 The Village of St. Edward Community supports and enriches lives with compassionate, Christ-centered care. 0 0 9108987 0 8974166 Nursing Care Services: In providing nursing care services, The Village of St. Edward meets the diverse health, social and spiritual care needs of older adults who live in a structured, protected living environment. Since its inception in 1964, St. Edward has provided the highest level of compassionate care and services for its residents. The organization has built an exemplary record in delivering quality care and services and of regulatory compliance. The Village of St. Edward is a Catholic organization with historical ties to the Catholic Diocese of Cleveland. No other Catholic sponsored organization in the Akron area offers the same services and programs. The Village of St. Edward participates in both the Medicaid and Medicare programs. During 2023, Nursing Care provided 26,740 days of care. 2309591 0 2296087 Independent Living Services: The Village of St. Edward believes in a long-term relationship with the older adults who reside in their community. In providing independent living services, not only does The Village of St. Edward provide living quarters attentive to the requirements of an aged population, but also opportunities for personal growth and enrichment. The Village's Independent Living services is an affordable living option for many low to middle income elderly residents of the Akron region. During 2023, the independent living facility provided 23,289 days of occupancy for high-functioning senior citizens. 4507121 0 4994130 Assisted Living Services: The Village of St. Edward provides Assisted Living services for a level of care between skilled nursing and independent living. During 2023, The Village provided 26,148 days of care in assisted living. The Village participates in the Assisted Living Waiver program, a long-term care option for Medicaid recipients, and offers an alternative to nursing home placement. 2108793 0 2265220 Memory Care Services: The Village of St. Edward provides Assisted Living Memory Care services for a level of care designed to specifically to care for the aging population affected by dementia. During 2023, The Village provided 9,808 days of care in memory care. The Village participates in the Assisted Living Waiver program, a long-term care option for Medicaid recipients, and offers an alternative to nursing home placement 2108793 0 2265220 18034492 1 1 0 0 0 0 0 0 0 0 1 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 43 0 1 432 1 0 0 0 0 0 0 0 0 0 0 0 0 X 20 19 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 1 1 0 0 OH X Brian Renkas 3306661183 3131 Smith Road Fairlawn OH 44333 Danielle Maur Board Member and President/CEO 37 3 X X 232048 0 23971 Brian Renkas V.P of Finance/CFO 40 0 X 195328 0 13025 Amy Harris V.P. of Operations/COO 40 0 X 139685 0 20265 Vondea Sheaffer V.P. of Advancement 0 40 X 137685 0 11500 Ed Cyrek Director of Information Technology 40 0 X 127337 0 11049 Renee Hunek Director of Human Resources 40 0 X 122518 0 5135 Thomas Bright Coporate Director of Dining Services 40 0 X 110648 0 3155 Michelle Emerson Director of Nursing 40 0 X 101426 0 11665 John Stoner Board Member and President/CEO 37 3 X X 59492 0 3975 Patrick McMahon Chair 2 3 X X 0 0 0 Joe McNeill Vice-Chair 1 1 X X 0 0 0 Amy Ciccotelli Treasurer 1 0 X X 0 0 0 Paulette Macura Secretary 1 0 X X 0 0 0 Kimberly Cole Director 1 0 X 0 0 0 Ceasar Carrino Director 1 2 X 0 0 0 Thomas Freeman Director 1 1 X 0 0 0 Laura Fryan Director 1 0 X 0 0 0 Patrick Gareau Director 1 0 X 0 0 0 Lia Jones Director 1 1 X 0 0 0 John Kilway Director 1 0 X 0 0 0 Karen Manna Director 1 1 X 0 0 0 Joan Maser Director 1 0 X 0 0 0 Craig Mottice Director 1 0 X 0 0 0 Rev John Mulhollan Director 1 0 X 0 0 0 Dominic Rizzo Director 1 0 X 0 0 0 Mike VanDevere Director 1 1 X 0 0 0 1226167 0 103740 9 0 1 0 HealthPRO Rehabiitation 16600 Sprague Road Suite 365 Middleburg Heights OH 44130 Therapy and Rehab Services 489911 Brewer-Garrett PO Box 72324 Cleveland OH 44192 HVAC Maintenance 334576 Knox Marketing 1730 Akron Peninsula Road Suite 201 Akron OH 44313 Marketing Services 268666 S A Comunale 2900 Newpark Drive PO Box 150 Barberton OH 44203 Fire Suppression Services 103814 4 0 0 0 176831 423092 0 0 599923 Nursing Care 623000 8974166 8974166 0 0 Independent Living 621000 2296087 2296087 0 0 Assisted Living 623000 4994130 4994130 0 0 Memory Care 623000 2265220 2265220 0 0 Meals/Barber/Beauty 623000 75644 0 0 75644 0 0 0 0 18605247 409900 0 0 409900 0 0 0 0 5375 0 0 5375 0 0 673014 0 587288 17759 85726 -17759 67967 0 0 67967 0 Management Fee - Wadsworth 900099 450000 0 0 450000 Management Fee - Green 900099 540000 0 0 540000 0 0 0 0 990000 20678412 18529603 0 1548886 836974 836974 9729835 8528663 1201172 125578 110075 15503 906953 795081 111872 840172 681276 158896 34419 34419 54821 54821 15680 15680 95272 95272 582037 582037 56376 36911 19465 363173 363173 508793 508793 22729 15010 7719 19499 7904 11595 457440 457440 1181441 1181441 290034 290034 Supplies - Food 1221706 1221706 0 0 Contract Therapy 474745 474745 0 0 Services & Repairs 422018 141291 280727 0 Franchise Permit Fee 411858 411858 0 0 1953804 1657981 295823 20605357 18034492 2570865 0 1700 1700 1896096 4889293 1053692 1600813 37972 40272 204312 124500 39278831 23143903 16688496 16134928 6213465 7066938 4489844 849937 30585577 30708381 2976815 2861410 17891855 17291854 0 0 20868670 20153264 X 9715681 10553891 1226 1226 9716907 10555117 30585577 30708381 73055 765155 0 0 0 0 X 0 1 X 1 0 X 154034 3405054 641170 4185212 599923 8985393 16585065 15120286 15953357 17363417 18605247 83627372 16739099 18525340 16594527 21548629 19205170 92612765 92612765 79300 74910 70869 81567 415275 721921 79300 74910 70869 81567 415275 721921 753937 827359 995145 954633 990000 4521074 17572336 19427609 17660541 22584829 20610445 97855760 0.94642 0.95294 0.00738 0.00382 X Schedule A, Part III, Line 12 Other income including management fees and miscellaneous. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 3667517 3667517 0 22527389 12597131 9930258 0 0 0 0 0 12563739 10136757 2426982 0 520186 410015 110171 16134928 0 X Schedule D, Part X, Line 2 The consolidated financial statements contain the following footnote regarding uncertainty in income taxes. The footnote references 'The Village' which is the parent of the taxpayer. The Village is a not-for-profit corporation and is exempt from tax under the provisions of the Internal Revenue Code Section 501(c)(3). Accounting principles generally accepted in the United States of American require management to evaluate tax positions taken by the Village and recognize a tax liability if the Village has taken an uncertain position that is more likely than not would be sustained upon examination by the Internal Revenue Service (IRS) or other applicable taxing authorities. Management has analyzed the tax positions taken by the Village, and has concluded that as of December 31, 2023 and 2022, there are not uncertain positions taken or expected to be taken by the Village, and has concluded that as of December 31, 2023 and 2022, there are not uncertain positions taken or expected to be taken that would require recognition of a liability or disclosure in the financial statements. The Village is subject to routine audits by taxing jurisdictions; however, there are currently no audits for any tax periods in progress. Management believes it is no longer subject to income tax examinations for years prior to 2018. X X X 0 0 0 0 0 0 0 0 0 Danielle Maur Board Member and President/CEO 209548 0 22500 0 0 0 5873 0 18098 0 256019 0 0 0 Brian Renkas V.P of Finance/CFO 180428 0 14900 0 0 0 5853 0 7172 0 208353 0 0 0 Amy Harris V.P. of Operations/COO 128860 0 10825 0 0 0 4447 0 15818 0 159950 0 0 0 A County of Summit 346002767 2015-12-09 21000000 Refund Series 2011, construct Memory Care building and renovations of current building 0 0 0 A 0 0 21000000 0 0 0 413000 0 0 0 20587000 0 2017 1 0 1 1 A 0 0 0 0 0 0 0 0 0 1 A 0 0 1 0 0 0 0 0 0 A 1 Form 990, Part VI, Section A, Line 7b All of the authority and powers of The Village of St. Edward are exercised by the Board of Directors subject to the following rights reserved to the local Bishop of the Roman Catholic Church: to approve any changes made by the Board of Directors with respect to philosophy, mission and purpose of The Village of St. Edward; to determine and maintain the Catholic identity of The Village of St. Edward, and to approve any amendment or restatement of the Articles of Incorporation and the Code of Regulations which affect the reserved powers of the Bishop. Form 990, Part VI, Section B, Line 11b The Form is reviewed by appropriate contributing departments within the organization, an independent auditing firm, and distributed to the governing body prior to filing. Form 990, Part VI, Section B, Line 12c The Annual Conflict of Interest Disclosure Statement is distributed to all board directors at the first Board of Directors meeting of the year. The directors are encouraged to complete the form at that meeting. For those that do not complete the form at that time or are not present at the meeting, staff mails the form to them for their completion. Staff monitors receipt of the forms until all have been received. Upon receipt, staff reviews the forms with the President/CEO. The completed forms are then filed. For any conflicts that may arise, the Duality of Interest section of the organization's Code of Regulations states that only directors who are not interested in the matter may vote. Form 990, Part VI, Section B, Line 15 The following process is used to establish compensation for the President/CEO. The Executive Committee of the Board of Directors obtains needed comparability data for comparable positions in similar organizations from independent, outside consultants or auditors providing services to the continuing care industry. The data is provided to the Executive Committee prior to a Board of Directors meeting. The Executive Committee reviews the data, along with documentation from the President/CEO, addressing the accomplishment of goals and objectives for the year. The Executive Committee maintains their own minutes of this meeting. The Executive Committee then makes a recommendation for any compensation adjustment at the next meeting of the Board of Directors. The recommendation is made by members independent of the President/CEO. The discussion and results of the meeting are documented in the Board of Directors minutes. Form 990, Part VI, Section C, Line 19 The Organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request. VASED Properties LLC 3131 Smith Road Fairlawn OH 44333 811347252 To provide support and carry out the mission of St. Edward Home OH 0 0 N/A Mt Eaton Properties LLC 3131 Smith Road Fairlawn OH 44333 474577520 To provide support and to carry out the mission of St. Edward Home OH 0 6138 N/A Village at St Edward Foundation 3131 Smith Road Fairlawn OH 44333 341969623 Fundraising on behalf of St. Edward Home OH 501(c)(3) 12a N/A 1 The Village of St Edward at Wadsworth 3131 Smith Road Fairlawn OH 44333 341966045 Delivery of housing and related services to senior citizens and the elderly. OH 501(c)(3) 509(a)(2) N/A 1 The Village of St Edward at Green 3131 Smith Road Fairlawn OH 44333 813276984 Delivery of housing and related services to senior citizens and the aged. OH 501(c)(3) 509(a)(2) N/A 1 0 0 1 0 0 0 0 0 0 0 0 1 0 1 1 0 1 1 1 Village at St Edward Foundation c 176831 FMW