Madonna Manor INC FY2022 filing

Tax-deductible

Villa Hills, KY501(c)(3)Since 1964Health CareEIN 61-0654635Revenue $12.8M in FY2022

On file with the IRSchilivingcommunities.org2344 Amsterdam Rd, 41017-3712 · Villa Hills, KYTax-exempt since Sep 1966Church — 170(b)(1)(A)(i)

This page gets seen. Tell your story. Claim this org.

As an affiliate of commonspirit health, we make the healing presence of god known in our world by improving the health of the people we serve, especially those who are vulnerable, while we advance social justice for all.

501(c)(3) charity; gifts are tax-deductible.
77¢ of each $1 spent went to programs.
$152K 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

FY2022 · 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 $718K a year · 6% of revenue · last 5 filings
Concern: a surplus in 2 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
77%
of spending
Looks good: 77% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$152K
to officers and key staff · 1% of spending
Looks good: pay to officers and key staff is 1% 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
$35.8M
66% of total assets
Worth a look: liabilities are 66% of assets; over 65%.
Pt X · Ln 26
Independent board members
0
of 5 voting members
Concern: none of 5 voting members are independent.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$12.8M
+4% vs prior year
Spent
$14.3M
To programs
77%
Net assets
$18.7M
By yearFY2020–FY2024
Revenue
$12.8M
FY2022▲ +4%
Tap a bar for its year
Revenue by fiscal year
FY2020$13.1M
FY2021$12.4M
FY2022$12.8M
FY2023$13.3M
FY2024$13.1M
FY2024$15.1M
Expenses
$14.3M
FY2022▲ +19%
Tap a bar for its year
Expenses by fiscal year
FY2020$11.5M
FY2021$12.0M
FY2022$14.3M
FY2023$14.7M
FY2024$15.8M
FY2024$16.7M
Net assets
$18.7M
FY2022▼ -10%
Tap a bar for its year
Net assets by fiscal year
FY2020$19.0M
FY2021$20.8M
FY2022$18.7M
FY2023$16.1M
FY2024$13.4M
FY2024$11.8M

From the FY2022 Form 990 (year ending June 2022) · figures checked against the IRS filing · see the original

Give Claim
You’re viewing the FY2022 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 Sep 1966.

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

Where the money goes

77 cents of each dollar spent went to programs.

Program services 77% · $10.9M Management & general 23% · $3.3M

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

Something off? The org can add a note here. Claim this org to fix it.

Who runs it and what they're paid

9 people listed on the 990; $152K paid to officers and key staff.

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
Director of Nursing
$108,075Pt VII · Sec A
Administrator
$44,218Pt VII · Sec A
President and CEO (through 7/1/21)
$0Pt VII · Sec A
Chairman / President and CEO
$0Pt VII · Sec A
$0Pt VII · Sec A
Secretary (through 5/15/22)
$0Pt VII · Sec A
Secretary / VP of Business Integration
$0Pt VII · Sec A
Treasurer / VP of Finance
$0Pt VII · Sec A

Denise Corrou’s $168K as Administrator is at the 12th 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 · 3 named individuals · Part VII

NameFY2024FY2024FY2023FY2022FY2021
Denise Corrou$167,845$159,402$150,339$44,218—
Rogers Kelsey———$108,075—
Gretchen Aichele————$95,308

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.

See Madonna Manor INC executive salaries →

Are you one of these people? Claim this org to confirm your role

Something off? The org can add a note here. Claim this org to fix it.

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 15aNo

Programs and updates

Provides skilled nursing, memory care, and assisted living services to meet the diverse long-term care and rehabilitation needs of senior residents.

Questions for Madonna Manor INC

Tap to ask. Madonna Manor INC sees how many people are interested.

Your first name shows with your question. Madonna Manor INC answers here, for everyone.

Provided by the organization

Know this organization? Claim it to add your story

1 program · $10.9M · in their own filed words · FY2021
01

Skilled nursing unita skilled, 60 bed nursing unit had 18,419 resident days for the year ending june 30, 2022. These units offer skilled rehabilitation services and long-term care SERVICES.MEMORY care unita 24 bed memory care unit had 6,101 resident days for the year ending june 30, 2022.

$10.9Mprogram expense

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · this organization's grantmaking
Grants paid · 1 grant · $14K · 2020–2020
City of Villa HillsFY2020$14,000

By the numbers

The FY2022 990, line by line.

1The main four
Money inPt VIII
$12.8M
Ln 12
Fees for servicesLn 2g$10.6M
Investment incomeLn 3$1.8M
Gifts and grantsLn 1h$241K
Money outPt IX
$14.3M
Ln 25
Programscol B$10.9M
Managementcol C$3.3M
Owns and owesPt X
$18.7M
net assets · Ln 32
Cash and savingsLn 1–2$3K
Total assetsLn 16$54.5M
LiabilitiesLn 26$35.8M
PeoplePt VI, VII
9
listed · VII A
PaidVII A2
Voting boardVI 1a5
IndependentVI 1b0
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$241K
Government grantsLn 1e$237K
Fees for servicesLn 2g$10.6M
Investment incomeLn 3$1.8M
Other incomeLn 4–11$144K
Gains on assetsLn 7$310K
Total revenueLn 12$12.8M
Assets in detailPt X, end of year
CashLn 1$0
SavingsLn 2$3K
Cash and savings togetherLn 1–2$3K
InvestmentsLn 11–13$3.7M
Land, buildings, equipmentLn 10c$47.4M
Other assetsLn 15$14K
Total assetsLn 16$54.5M
LiabilitiesLn 26$35.8M
Net assetsLn 32$18.7M
OperationsPt I, VI
EmployeesI 5835
VolunteersI 6155
Fiscal year endsHeaderJune
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 FY22End FY22
Cash and savingsLn 1–2$359$3K
InvestmentsLn 11–13$6.8M$3.7M
Land, buildings, equipmentLn 10c$37.2M$47.4M
Total assetsLn 16$48.2M$54.5M
LiabilitiesLn 26$27.4M$35.8M
Net assetsLn 32$20.8M$18.7M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$200$200
Other salaries and wagesLn 7$3.7M$3.1M$597K
Other employee benefitsLn 9$704K$591K$114K
Payroll taxesLn 10$279K$234K$45K
Legal feesLn 11b$28K$28K
Accounting feesLn 11c$6K$6K
Other fees for servicesLn 11g$4.1M$3.9M$207K
Advertising and promotionLn 12$67K$67K
Office expensesLn 13$866K$775K$91K
Information technologyLn 14$162K$38K$124K
OccupancyLn 16$457K$434K$23K
TravelLn 17$5K$5K$47
InterestLn 20$1.7M$1.7M
Payments to affiliatesLn 21$198K$198K
Depreciation, depletion and amortizationLn 22$1.2M$1.1M$60K
InsuranceLn 23$53K$53K
Other expenses (24a–d)Ln 24$637K$605K$32K$0
All other expensesLn 24e$33K$31K$2K
Total functional expensesLn 25$14.3M$10.9M$3.3M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 $13.1M$15.8M−$2.7M$13.4M 990 PDF
FY2023 $13.3M$14.7M−$1.5M$16.1M 990 PDF
FY2022 Viewing $12.8M$14.3M−$1.4M$18.7M 990 PDF
FY2021 $12.4M$12.0M$381K$20.8M 990 PDF
FY2020 $13.1M$11.5M$1.7M$19.0M 990 PDF

Want to add your own materials alongside these filings? Claim this org

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 FY2022 990 (6 parts)
Part I · Summary $12,830,867 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $401,558$241,297
I-9 Program service revenuePrior year $10,217,561$10,641,851
I-10 Investment incomePrior year $1,692,610$1,803,609
I-11 Other revenuePrior year $80,382$144,110
I-12 Total revenuePrior year $12,392,111$12,830,867
I-13 Grants and similar amounts paidPrior year $19,291$200
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $5,437,515$4,680,692
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $6,553,831$9,583,411
I-18 Total expensesPrior year $12,010,637$14,264,303
I-19 Revenue less expensesPrior year $381,474−$1,433,436
Part VI · Governance 0 of 5 board members independent, 1 to look at
VI-1a Voting members of the governing body5
VI-1b Independent voting members0
VI-15a Process for setting top official's payNo
VI-2 Family or business relationship among officers or directorsNo
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
Part VIII · Statement of revenue $12,830,867 across 8 lines filed
Lines not itemized here account for $14,381 of total revenue; see the IRS return.
VIII-1e Government grants$236,637
VIII-1f All other contributions, gifts and grants$4,660
VIII-1h Total contributions, gifts and grants$241,297
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $10,641,851 · Unrelated business $0 · Excluded from tax $0$10,641,851
VIII-3 Investment incomeExcluded from tax $1,493,472$1,493,472
VIII-7 Net gain or loss on sales of assetsExcluded from tax $310,137$310,137
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $0 · Unrelated business $0 · Excluded from tax $129,729$129,729
VIII-12 Total revenueRelated to mission $10,641,851 · Unrelated business $0 · Excluded from tax $1,947,719$12,830,867
Part IX · Statement of functional expenses $14,264,303 across 18 lines filed
IX-1 Grants to domestic organizationsPrograms $200$200
IX-7 Other salaries and wagesPrograms $3,101,056 · Management $596,519$3,697,575
IX-9 Other employee benefitsPrograms $590,677 · Management $113,622$704,299
IX-10 Payroll taxesPrograms $233,837 · Management $44,981$278,818
IX-11b Legal feesManagement $28,346$28,346
IX-11c Accounting feesManagement $6,491$6,491
IX-11g Other fees for servicesPrograms $3,924,004 · Management $206,527$4,130,531
IX-12 Advertising and promotionPrograms $67,226$67,226
IX-13 Office expensesPrograms $775,034 · Management $90,892$865,926
IX-14 Information technologyPrograms $37,535 · Management $124,216$161,751
IX-16 OccupancyPrograms $433,803 · Management $22,832$456,635
IX-17 TravelPrograms $5,299 · Management $47$5,346
IX-20 InterestManagement $1,738,187$1,738,187
IX-21 Payments to affiliatesManagement $197,951$197,951
IX-22 Depreciation, depletion and amortizationPrograms $1,141,738 · Management $60,092$1,201,830
IX-23 InsuranceManagement $52,928$52,928
IX-24 Other expenses (24a–d)Programs $605,286 · Management $31,858 · Fundraising $0$637,144
IX-24e All other expensesPrograms $31,463 · Management $1,656$33,119
IX-25 Total functional expensesPrograms $10,947,158 · Management $3,317,145 · Fundraising $0$14,264,303
Part X · Balance sheet $54,528,160 assets, 24 lines filed
X-1 Cash, non-interest-bearingStart of year $359$0
X-2 Savings and temporary cash investments$2,935
X-3 Pledges and grants receivable$0
X-4 Accounts receivableStart of year $2,697,724$2,590,144
X-8 Inventories for sale or useStart of year $11,645$11,525
X-9 Prepaid expenses and deferred chargesStart of year $60,195$75,290
X-10c Land, buildings and equipment, netStart of year $37,172,703$47,386,559
X-11 Publicly traded securities$0
X-12 Other securitiesStart of year $6,835,202$3,665,451
X-13 Program-related investments$0
X-14 Intangible assetsStart of year $781,808$781,808
X-15 Other assetsStart of year $595,599$14,448
X-16 Total assetsStart of year $48,155,235$54,528,160
X-17 Accounts payable and accrued expensesStart of year $1,887,017$749,291
X-18 Grants payable$0
X-19 Deferred revenueStart of year $129,854$81,101
X-20 Tax-exempt bond liabilitiesStart of year $25,225,000$24,550,000
X-24 Unsecured notes and loans payable$0
X-25 Other liabilitiesStart of year $150,973$10,424,547
X-26 Total liabilitiesStart of year $27,396,536$35,807,875
X-27 Net assets without donor restrictionsStart of year $19,934,324$17,895,910
X-28 Net assets with donor restrictionsStart of year $824,375$824,375
X-32 Total net assets or fund balancesStart of year $20,758,699$18,720,285
X-33 Total liabilities and net assetsStart of year $48,155,235$54,528,160
Part XI · Reconciliation of net assets $18,720,285 net assets at year end
XI-1 Total revenue$12,830,867
XI-2 Total expenses$14,264,303
XI-3 Revenue less expenses−$1,433,436
XI-4 Net assets at start of year$20,758,699
XI-5 Net unrealized gains (losses) on investments−$539,669
XI-9 Other changes in net assets−$65,309
XI-10 Net assets at end of year$18,720,285

Form 990 e-file (XML) FY2022 from the IRS · Classification, formation year and address from the IRS Business Master File

Similar organizations you could support · Compare with another nonprofit

Names, privacy, and removal requests More

The names, titles, and compensation shown on this page are reproduced from IRS Form 990 filings, which are public records.

Philanthropy.org does not alter the content of those filings. All information appears exactly as reported by the filing organization for the tax year shown.

We publish only information contained in the public IRS filing — and less than the filing contains. Our profile pages do not display street addresses, telephone numbers, personal email addresses, or other personal contact information, even where the filing includes them.

Many people share the same name. A name shown on this page reflects only what one organization reported in one IRS filing for one tax year. It should not be interpreted as identifying any other individual with the same or a similar name.

If you are no longer affiliated with the organization, your name will generally stop appearing in future IRS filings once the organization no longer reports you. Pages for tax years in which you were reported remain published because those filings remain part of the public record.

Philanthropy.org does not alter or remove IRS filing records. Removing a page from this website would not remove the underlying IRS filing, which remains publicly available from the IRS and other publishers of the same information.

If you believe the IRS filing itself is inaccurate, corrections must be made by the filing organization or the IRS directly.

If you ARE the filing organization, claim this org and add context

Made it to the end? Claim this organization

All figures are derived from public IRS Form 990 filings and are presented without evaluation of any organization. philanthropy.org does not rate, score, or rank organizations, including the pay comparisons above.