Danvers Management Systems INC FY2021 filing

Tax-deductible

Pittsfield, MA501(c)(3)Since 1990Health CareEIN 04-3080765

Skilled nursing facility

501(c)(3) charity; gifts are tax-deductible.
87¢ of each $1 spent went to programs.
$373K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2021 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
2 of 5
filings with a surplus
Average deficit $508K a year · 4% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
87%
of spending
Looks good: 87% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$373K
to officers and key staff · 4% of spending
Looks good: pay to officers and key staff is 4% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.0 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Liabilities
$13.7M
280% of total assets
Concern: liabilities are 280% of assets; over 80%.
Pt X · Ln 26
Independent board members
2
of 2 voting members
Looks good: 2 of 2 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$9.0M
-26% vs prior year
Spent
$10.7M
To programs
87%
Net assets
−$8.8M
By yearFY2020–FY2024
Revenue
$9.0M
FY2021▼ -26%
Revenue by fiscal year
FY2020$12.1M
FY2021$9.0M
FY2022$12.7M
FY2023$12.8M
FY2024$15.1M
Expenses
$10.7M
FY2021▼ -16%
Expenses by fiscal year
FY2020$12.6M
FY2021$10.7M
FY2022$12.5M
FY2023$13.6M
FY2024$14.8M
Net assets
−$8.8M
FY2021▼ -24%
Net assets by fiscal year
FY2020−$7.1M
FY2021−$8.8M
FY2022−$8.6M
FY2023−$9.4M
FY2024−$9.1M

From the FY2021 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2021 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1992.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

87 cents of each dollar spent went to programs.

Program services 87% · $9.3M Management & general 13% · $1.4M

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

6 people listed on the 990; $373K paid to officers and key staff.

Part VII, Section A · reportable compensation
$134,080Pt VII · Sec A
Dir of Nursing
$131,668Pt VII · Sec A
$107,583Pt VII · Sec A
$0Pt VII · Sec A
President/Treas
$0Pt VII · Sec A
$0Pt VII · Sec A

Sharon J Spittle’s $164K as Administrator is at the 11th percentile of top reported officer pay among 2901 $10–100M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Sharon J Spittle$163,795$168,173———
Loise Wangoe$153,872$130,533——$112,719
Sharon Spittle——$147,250——
Meagan a Warsheski——$141,707$131,668—
Beth Barends————$137,851
Cindy Jules———$134,080—
Nicole Kotsovilis—$127,386———
Gail Paradiso—$123,086$113,213——

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Operates skilled nursing facilities for Medicaid, Medicare, and privately-funded residents.

Provided by the organization

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1 program service account for $9.3M of program spending, described in the organization's own filed words · FY2021.
01

This Corporation was formed exclusively for charitable purposes to acquire, establish, maintain and operate skilled nursing and extended care facilities and render related services to residents who are supported by the Medicaid and Medicare programs as well as by private funds.

$9.3Mprogram expense

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By the numbers

The FY2021 990, line by line.

1The main four
Money inPt VIII
$9.0M
Ln 12
Fees for servicesLn 2g$7.8M
Other incomeLn 4–11$1.2M
Money outPt IX
$10.7M
Ln 25
Programscol B$9.3M
Managementcol C$1.4M
Owns and owesPt X
−$8.8M
net assets · Ln 32
Cash and savingsLn 1–2$15K
Total assetsLn 16$4.9M
LiabilitiesLn 26$13.7M
PeoplePt VI, VII
6
listed · VII A
PaidVII A3
Voting boardVI 1a2
IndependentVI 1b2
2In more detail
Revenue in detailPt VIII
Fees for servicesLn 2g$7.8M
Other incomeLn 4–11$1.2M
Gains on assetsLn 7$0
Total revenueLn 12$9.0M
Assets in detailPt X, end of year
CashLn 1$15K
SavingsLn 2$0
Cash and savings togetherLn 1–2$15K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$3.2M
Other assetsLn 15$249K
Total assetsLn 16$4.9M
LiabilitiesLn 26$13.7M
Net assetsLn 32−$8.8M
OperationsPt I, VI
EmployeesI 5109
VolunteersI 65
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY21End FY21
Cash and savingsLn 1–2$30K$15K
InvestmentsLn 11–13$0
Land, buildings, equipmentLn 10c$3.2M$3.2M
Total assetsLn 16$5.4M$4.9M
LiabilitiesLn 26$12.5M$13.7M
Net assetsLn 32−$7.1M−$8.8M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$0
Grants to domestic individualsLn 2$0
Grants and assistance to foreign recipientsLn 3$0
Benefits paid to or for membersLn 4$0
Pay of current officers, directors and key staffLn 5$0
Pay of disqualified personsLn 6$0
Other salaries and wagesLn 7$4.5M$4.3M$174K
Pension plan contributionsLn 8$0
Other employee benefitsLn 9$896K$861K$35K
Payroll taxesLn 10$360K$346K$14K
Management feesLn 11a$629K$629K
Legal feesLn 11b$40K$40K
Accounting feesLn 11c$0
Lobbying feesLn 11d$0
Professional fundraising feesLn 11e$0
Investment management feesLn 11f$0
Other fees for servicesLn 11g$0
Advertising and promotionLn 12$0
Office expensesLn 13$0
Information technologyLn 14$0
RoyaltiesLn 15$0
OccupancyLn 16$0
TravelLn 17$3K$3K
Travel and entertainment for public officialsLn 18$0
Conferences, conventions and meetingsLn 19$11K$11K
InterestLn 20$129K$129K
Payments to affiliatesLn 21$0
Depreciation, depletion and amortizationLn 22$421K$404K$16K
InsuranceLn 23$59K$59K
Other expenses (24a–d)Ln 24$3.7M$3.4M$277K
All other expensesLn 24e$9K$9K
Total functional expensesLn 25$10.7M$9.3M$1.4M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $15.1M$14.8M$324K−$9.1M 990 PDF
FY2023 $12.8M$13.6M−$819K−$9.4M 990 PDF
FY2022 $12.7M$12.5M$200K−$8.6M 990 PDF
FY2021 Viewing $9.0M$10.7M−$1.7M−$8.8M 990 PDF
FY2020 $12.1M$12.6M−$536K−$7.1M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2021 990 (4 parts)
Part VIII · Statement of revenue $8,956,187 across 9 lines filed
VIII-1h Total contributions, gifts and grants$0
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $7,800,498$7,800,498
VIII-3 Investment income$0
VIII-5 Royalties$0
VIII-6 Net rental income or loss$0
VIII-7 Net gain or loss on sales of assets$0
VIII-8 Net income from fundraising events$0
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $1,155,689$1,155,689
VIII-12 Total revenueRelated to mission $7,800,498 · Excluded from tax $1,155,689$8,956,187
Part IX · Statement of functional expenses $10,664,641 across 31 lines filed
IX-1 Grants to domestic organizations$0
IX-2 Grants to domestic individuals$0
IX-3 Grants and assistance to foreign recipients$0
IX-4 Benefits paid to or for members$0
IX-5 Pay of current officers, directors and key staff$0
IX-6 Pay of disqualified persons$0
IX-7 Other salaries and wagesPrograms $4,277,732 · Management $173,602$4,451,334
IX-8 Pension plan contributions$0
IX-9 Other employee benefitsPrograms $861,039 · Management $34,943$895,982
IX-10 Payroll taxesPrograms $346,091 · Management $14,045$360,136
IX-11a Management feesManagement $628,791$628,791
IX-11b Legal feesManagement $40,070$40,070
IX-11c Accounting fees$0
IX-11d Lobbying fees$0
IX-11e Professional fundraising fees$0
IX-11f Investment management fees$0
IX-11g Other fees for services$0
IX-12 Advertising and promotion$0
IX-13 Office expenses$0
IX-14 Information technology$0
IX-15 Royalties$0
IX-16 Occupancy$0
IX-17 TravelPrograms $2,826$2,826
IX-18 Travel and entertainment for public officials$0
IX-19 Conferences, conventions and meetingsPrograms $11,266$11,266
IX-20 InterestManagement $129,353$129,353
IX-21 Payments to affiliates$0
IX-22 Depreciation, depletion and amortizationPrograms $404,404 · Management $16,412$420,816
IX-23 InsuranceManagement $58,884$58,884
IX-24 Other expenses (24a–d)Programs $3,379,619 · Management $277,000$3,656,619
IX-24e All other expensesPrograms $8,564$8,564
IX-25 Total functional expensesPrograms $9,291,541 · Management $1,373,100 · Fundraising $0$10,664,641
Part X · Balance sheet $4,902,081 assets, 19 lines filed
X-1 Cash, non-interest-bearingStart of year $29,790$15,225
X-2 Savings and temporary cash investments$0
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $1,764,992$1,162,221
X-8 Inventories for sale or useStart of year $188,295$59,263
X-9 Prepaid expenses and deferred chargesStart of year $206,172$177,859
X-10c Land, buildings and equipment, netStart of year $3,182,847$3,238,376
X-11 Publicly traded securities$0
X-12 Other securities$0
X-13 Program-related investments$0
X-14 Intangible assets$0
X-15 Other assets$249,137
X-16 Total assetsStart of year $5,372,096$4,902,081
X-17 Accounts payable and accrued expensesStart of year $1,611,026$1,416,073
X-20 Tax-exempt bond liabilitiesStart of year $4,560,827$4,397,598
X-25 Other liabilitiesStart of year $6,285,876$7,890,261
X-26 Total liabilitiesStart of year $12,488,810$13,727,249
X-32 Total net assets or fund balancesStart of year −$7,116,714−$8,825,168
X-33 Total liabilities and net assetsStart of year $5,372,096$4,902,081
Part XI · Reconciliation of net assets −$8,825,168 net assets at year end
XI-1 Total revenue$8,956,187
XI-2 Total expenses$10,664,641
XI-3 Revenue less expenses−$1,708,454
XI-4 Net assets at start of year−$7,116,714
XI-10 Net assets at end of year−$8,825,168

Form 990 e-file (XML) FY2021 from the IRS · Classification, formation year and address from the IRS Business Master File

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