2025-11-12T16:18:07-07:00 2024-12-31 990 2024-01-01 341969623 VILLAGE AT ST EDWARD FOUNDATION VILL 3306661183 3131 Smith Road Fairlawn OH 443332613 Brian Renkas V.P. of Finance/CFO 3306661183 2025-11-12 1 2024 2025-03-06 01:10:19Z Brian Renkas 3131 Smith Road Fairlawn OH 44333 2065503 0 X vsecommunities.org X 2001 OH The Village of St. Edward Foundation provides support to the Village of St. Edward in its mission to serve as a healing ministry for older adults. Philanthropic investments in the Village will be upheld to the highest standards of Catholic stewardship, being accountable and transparent to those who support our call to service. 11 10 0 0 0 0 451207 652340 0 0 991748 1234425 1744 -4233 1444699 1882532 397779 529049 0 0 260807 315640 0 0 95104 86726 95294 745312 939983 699387 942549 13934799 15490229 26852 15646 13907947 15474583 The Village of St. Edward Foundation exists for the sole purpose of supporting the residents, programs and needs of The Village of St. Edward campuses in Fairlawn, Wadsworth and Green. 0 0 844879 529049 0 The Foundation's specific purpose is to operate for the benefit of The Village of St. Edward campuses in Fairlawn, Wadsworth and Green. 0 0 0 844879 1 1 0 0 0 0 0 0 0 1 1 0 1 0 0 1 0 1 0 0 0 0 0 0 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 11 10 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 OH X Brian Renkas 3306661183 3131 Smith Road Fairlawn OH 443332613 Danielle Maur Board Member, President/CEO 1 39 X X 0 257242 24158 Vondea Sheaffer V.P. of Advancement 40 0 X 0 140943 11027 Karen Manna Chair 1 1 X 0 0 0 Brianne Alaburda Director 1 0 X 0 0 0 Tony Alexander Director 1 0 X 0 0 0 Richard Batyko Director 1 0 X 0 0 0 Mary Bird Director 1 0 X 0 0 0 Kim Cole Director 1 0 X 0 0 0 William Costigan Director 1 0 X 0 0 0 Thomas Freeman Director 1 0 X 0 0 0 Thomas Hudock Director 1 0 X 0 0 0 Madeline Presper Director 1 0 X 0 0 0 Joe McNeill Director 1 4 X 0 0 0 0 398185 35185 0 0 1 0 0 0 0 83080 0 0 569260 14708 652340 0 1161179 0 0 1161179 0 0 0 0 0 0 0 0 0 0 231571 0 158325 0 73246 0 73246 0 0 73246 20413 83080 24646 -4233 0 -4233 0 1882532 0 0 1230192 529049 529049 277530 277530 6604 6604 11797 11797 19709 19709 3200 3200 190 190 Services 59654 0 0 59654 In Kind Contribtuions 14708 0 0 14708 Supplies 13637 0 0 13637 Bank Card & Processing Fees 1746 0 0 1746 2159 0 0 2159 939983 844879 0 95104 1094438 1437499 4751 4661 10328190 10715142 200 941 125000 0 125000 125000 1546611 2285274 835609 921712 13934799 15490229 26852 15646 0 0 26852 15646 X 11830110 13055334 2077837 2419249 13907947 15474583 13934799 15490229 X 942549 124087 0 0 0 500000 X 0 1 X 1 0 X X 3 St Edward Home 340946931 10 1 423462 0 The Village of St Edward at Wadsworth 341966045 10 1 62544 0 The Village of St Edward at Green 813276984 10 1 43043 0 3 529049 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1480047 612482 187797 0 284900 0 1995426 1176467 268363 176343 0 141126 0 1480047 1117000 242799 -183332 0 0 0 1176467 958000 240000 109000 0 190000 0 1117000 1090793 236000 11207 0 380000 0 958000 0 0.81 0.19 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 125000 0 125000 125000 Investment in NEO Hospice/Home Health 921712 F 921712 0 X Schedule D, Part V, Line 4 Income from these funds is to be used for the subsidy of nursing care, assisted living and independent living residents who, due to their financial inability to pay, qualify for subsidization of their room and board, medical services and other living expenses necessary to maintain their residency. In 2016, a loan was approved to St. Edward Home. Monthly payments along with interest are also being made to reimburse this fund. 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, 2024 and 2023, there are not uncertain positions taken or expected to be taken by the Village, and has concluded that as of December 31, 2024 and 2023, 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 2019. Village Fest 103493 83080 20413 0 0 0 11628 2750 10268 0 0 103493 83080 20413 0 0 0 11628 2750 10268 24646 -4233 1 The Village of St Edward 3131 Smith Road Fairlawn OH 44333 340946931 423462 Value of cash received To provide benevolent care, music and memory programs, a resident-centered technology program, resident activities, a volunteer program as well as employee support and nursing education programs for employees. The Village of St Edward at Wadsworth 880 Main Street Wadsworth OH 44218 341966045 62544 Value of cash received To provide benevolent care, music and memory programs, a resident-centered technology program, resident activities, a volunteer program as well as employee support and nursing education programs for employees. The Village of St Edward at Green 3818 Fortuna Drive Akron OH 44312 813276984 43043 Value of cash received To provide benevolent care, music and memory programs, a resident-centered technology program, resident activities, a volunteer program as well as employee support and nursing education programs for employees. 0 0 Schedule I, Part I, Line 2 Funds are monitored throughout the year by the V.P. of Finance. X X X 0 0 0 0 0 0 0 0 0 Danielle Maur Board Member, President/CEO 0 227742 0 29500 0 0 0 6264 0 17894 0 281400 0 0 Vondea Sheaffer V.P. of Advancement 0 122742 0 18200 0 0 0 3936 0 7091 0 151969 0 0 Form 990, Part VI, Section A, Line 6 St. Edward Home is the sole member of The Village of St. Edward Foundation. Form 990, Part VI, Section A, Line 7a The sole member of the organization has the authority and power to elect and remove the elected Directors of the organization. Form 990, Part VI, Section A, Line 7b Certain authority and powers of the organization are reserved to the sole member of the organization. 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 who 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. Form 990, Part XI, Line 9 Transfer of assets from The Village of St Edward. St Edward Home 3131 Smith Road Fairlawn OH 44333 340946931 Provides care to the aged and chroncially ill, including nursing, assisted and independent services. OH 501(c)(3) 509(a)(2) N/A 0 Village of St Edward at Wadsworth 3131 Smith Road Fairlawn OH 44333 341966045 Provides care and housing to the senior citizen population. OH 501(c)(3) 509(a)(2) N/A 0 Village of St Edward at Green 3131 Smith Road Fairlawn OH 44333 813276984 Provides care and housing to the senior citizen population. OH 501(c)(3) 509(a)(2) N/A 0 0 1 1 1 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0