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Nonprofit · EIN 34-1927224

DEVON OAKS ASSISTED LIVING CORPORATION

Tax-exempt · WESTLAKE, OH 44145

Financials

$4.4M$4.5M2022$6M$4.9M2023$5.5M$4.8M2024
Revenue Expenses · by fiscal year end
Financials of DEVON OAKS ASSISTED LIVING CORPORATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$5,486,937$4,780,294$706,643$6,687,743$2,139,958$4,547,785
June 30, 2024990$5,954,781$4,905,737$1,049,044$5,892,074$2,050,932$3,841,142
June 30, 2023990$4,437,692$4,526,010-$88,318$4,183,249$4,891,151-$707,902
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$201,624
of which government grants
$194,700
Program service revenue
$5,238,998
Investment income
$25,872
Other revenue
$20,443

Expenses

Grants and similar amounts paid
$0
Compensation of officers, directors and key employees
$0
Other salaries and wages
$1,993,318
Salaries, compensation and benefits (total)
$2,303,190
Professional fundraising fees
$0
Legal fees
$7,986
Occupancy
$160,896
Travel
$226
Depreciation
$300,671
Program services (functional)
$3,548,324
Management and general (functional)
$1,226,916
Fundraising (functional)
$5,054

Balance sheet and other

Total assets, start of year
$5,892,074
Total assets, end of year
$6,687,743
Total liabilities, end of year
$2,139,958
Net assets, end of year
$4,547,785
Land, buildings and equipment
$2,921,746
Net assets without donor restrictions
$4,541,988
Net assets with donor restrictions
$5,797
Gross receipts
$5,486,937
Employees
142
Volunteers
214
Year formed
2000
State of legal domicile
OH

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
Richard M Boyson JrPresident & CEO
Trustee or director, Officer
0$0$381,678$49,757
Kathleen M ShieldsCFO
Officer
0$0$216,717$20,602
Jennifer GriveasVP of Legal
Officer
0$0$197,151$30,167
Michael GrayCIO
Officer
0$0$128,836$8,486
Kimberly HernandezVP of HR
Officer
0$0$108,622$1,154
Mark SchwindDON40$101,826$0$6,262
Richard L FletcherTrustee
Trustee or director
0$0$0$0
Alayne J FodorTrustee
Trustee or director
0$0$0$0
Glenn S KrassenSecretary
Trustee or director
0$0$0$0
Richard L FoxTrustee
Trustee or director
0$0$0$0
Margaret HartneyTrustee
Trustee or director
0$0$0$0
James RogersonTrustee
Trustee or director
0$0$0$0
Patricia M ScanlonTrustee
Trustee or director
0$0$0$0
Sheryl L SeredaTrustee
Trustee or director
0$0$0$0
Terrie ShrockTrustee
Trustee or director
0$0$0$0
5 more people on this return
NameTitleHours / weekCompensation
John P StonerTrustee
Trustee or director
0$0
Allen R TracyTreasurer
Trustee or director
0$0
Rick Weigle JrTrustee
Trustee or director
0$0
Margaret G WeitzelChair
Trustee or director
0$0
Hilton YoungTrustee
Trustee or director
0$0
990 for the year ended June 30, 2024: 19 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Richard M Boyson JrPresident & CEO
Trustee or director, Officer
0$0$397,074$40,532
Kathleen M ShieldsCFO
Officer
0$0$206,879$6,308
Jennifer GriveasVP of Legal
Officer
0$0$172,032$15,453
Michael GrayCIO
Officer
0$0$135,762$1,466
Richard L FletcherTrustee
Trustee or director
0$0$0$0
Alayne J FodorTrustee
Trustee or director
0$0$0$0
Glenn S KrassenSecretary
Trustee or director
0$0$0$0
Richard L FoxTrustee
Trustee or director
0$0$0$0
Margaret HartneyTrustee
Trustee or director
0$0$0$0
Michele MessinaTrustee
Trustee or director
0$0$0$0
James RogersonTrustee
Trustee or director
0$0$0$0
Patricia M ScanlonTrustee
Trustee or director
0$0$0$0
Sheryl L SeredaTrustee
Trustee or director
0$0$0$0
Terrie ShrockTrustee
Trustee or director
0$0$0$0
John P StonerTrustee
Trustee or director
0$0$0$0
Allen R TracyTreasurer
Trustee or director
0$0$0$0
Rick Weigle JrTrustee
Trustee or director
0$0$0$0
Margaret G WeitzelChair
Trustee or director
0$0$0$0
Hilton YoungTrustee
Trustee or director
0$0$0$0
990 for the year ended June 30, 2023: 18 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
Richard M Boyson JrPresident & CEO
Trustee or director, Officer
0$0$327,029$42,466
Kathleen M ShieldsCFO
Officer
0$0$200,734$4,385
Jennifer GriveasVP of Legal
Officer
0$0$160,097$7,281
Sheryl SeredaCAO0$0$151,148$7,218
Michael GrayCIO
Officer
0$0$130,974$1,631
Richard L FletcherTrustee
Trustee or director
0$0$0$0
Alayne J FodorTrustee
Trustee or director
0$0$0$0
Glenn S KrassenSecretary
Trustee or director
0$0$0$0
Brendan LawlorTrustee
Trustee or director
0$0$0$0
Michelle R MessinaTrustee
Trustee or director
0$0$0$0
Richard L FoxTrustee
Trustee or director
0$0$0$0
James RogersonTrustee
Trustee or director
0$0$0$0
Patricia M ScanlonTrustee
Trustee or director
0$0$0$0
Terrie Tenk ShrockTrustee
Trustee or director
0$0$0$0
Allen R TracyTreasurer
Trustee or director
0$0$0$0
Rick J Weigle JrTrustee
Trustee or director
0$0$0$0
Margaret G WeitzelChair
Trustee or director
0$0$0$0
Hilton YoungTrustee
Trustee or director
0$0$0$0

Address and contacts

Address (IRS master file)
2345 CROCKER RD, WESTLAKE, OH 44145-6798
In care of
% KATHY SHIELDS
Principal officer (990 for 2024)
Richard M Boyson Jr, 26376 John Rd, Olmsted Township, OH 44138
Signed the 990
Kathleen Shields, CFO
Phone
(440) 540-4700

Mission

We affirm the dignity and individual worth of older adults and their right to attain the highest possible quality of life. We strive to nurture and sustain their physical, emotional, intellectual, social and spiritual health. We are committed to having a community in which every member is equally respected, valued and empowered.

990 for the year ended June 30, 2025

Program accomplishments

  • Devon Oaks is a premier Assisted Living community operating 54 assisted living units and 12 memory support units, supporting older adult residents needing assistance with activities of daily living and who are experiencing mid-stage Alzheimer's disease and related dementia. Devon Oaks offers residents and families peace of mind by providing services that include: licensed, professional staff on duty 24 hours a day; access to a physician and nurse practitioner; medication management provided by in-house clinical staff; transportation to hospital and physician appointments as well as community events; full-time physical therapist; 24-hour assistance with activities of daily living such as dressing, meals, mobility, and hygiene; meaningful activities that promote engagement and socialization; memory support care; and respite care.Devon Oaks Assisted Living Corporation operates within the Eliza Jennings Senior Care Network, a provider of residential and community-based aging services which includes Eliza Jennings Inc, Olmsted Assisted Living Corp, Olmsted Health & Services, Olmsted Resident Corp, Acacia Place Adult Day Center, and the flagship skilled nursing community Eliza Jennings Home. In December of 2023, Eliza Jennings Inc. acquired the assets of and is now operating a senior living community in Chagrin Falls, Ohio (southeast of Cleveland) under the licensed trade name Eliza at Chagrin Falls which includes 75 traditional assisted living units, 18 memory support units, and 27 skilled nursing units (29 licenses).As a nationally recognized innovator and expert in aging services, Eliza Jennings Senior Care Network offers a full spectrum of memory support programming and services to older adults with Alzheimers disease and other dementias throughout its residential communities and adult day program and provides home health services through Northeast Ohio Homecare (offering skilled nursing and in-home therapy services to assist older adults who live independently in their home). The Eliza Jennings Senior Care Network is committed to offering compassionate care and support to individuals and their families who are facing advanced illness and end-of-life care decisions and offers hospice services though Northeast Ohio Hospice, geared to providing choices that sustain dignity and autonomy, while enhancing comfort and quality of life during this difficult time.
    Expenses $3,548,324

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
34-1927224
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2000
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$6,687,743
Income (IRS master file)
$5,486,937

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$5,486,937$4,780,294$6,687,743IRS
990June 2024$5,954,781$4,905,737$5,892,074IRS
990June 2023$4,437,692$4,526,010$4,183,249XML
990June 2022$4,618,783$4,138,829$45,800IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 34-1927224).

Questions about DEVON OAKS ASSISTED LIVING CORPORATION

What is the EIN of DEVON OAKS ASSISTED LIVING CORPORATION?
The employer identification number (EIN) of DEVON OAKS ASSISTED LIVING CORPORATION is 34-1927224.
Is DEVON OAKS ASSISTED LIVING CORPORATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2000.
Are donations to DEVON OAKS ASSISTED LIVING CORPORATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does DEVON OAKS ASSISTED LIVING CORPORATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of DEVON OAKS ASSISTED LIVING CORPORATION due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did DEVON OAKS ASSISTED LIVING CORPORATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of DEVON OAKS ASSISTED LIVING CORPORATION?
The 990 for the year ended June 30, 2025 names Richard M Boyson Jr.
Who are the officers and directors of DEVON OAKS ASSISTED LIVING CORPORATION?
The 990 for the year ended June 30, 2025 lists 20 people; 1 received compensation from the organization.
How much revenue does DEVON OAKS ASSISTED LIVING CORPORATION have?
On its 990 for the year ended June 30, 2025 it reported revenue of $5,486,937, expenses of $4,780,294 and total assets of $6,687,743 at year end.

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