To establish, develop, own, maintain and operate hospitals, nursing homes, adult day care facilities, residential assisted living facilities, related health care facilities, and other residential facilities designed to meet the housing, health, personal needs and financial security needs of elderly, disabled, poor, and other special populations (the facilities). Through these facilities, the organization may also provide health care services. All facilities are owned and operated on a non-profit basis. As funds allow, and upon the approval of the board of directors, the organization will make contributions to other organizations exempt from income taxation under section 501(c)(3) of the internal revenue code.

501(c)(3) charity; gifts are tax-deductible.
94¢ of each $1 spent went to programs.
$571K 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

FY2023 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
6 of 6
filings with a surplus
Average surplus $4.9M a year · 7% of revenue · last 6 filings
Looks good: a surplus in 6 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
94%
of spending
Looks good: 94% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$571K
to officers and key staff · 0.8% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
<1 mo
of spending, in cash
Worth a look: 0.8 months of spending in cash; under 1.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $250K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$22.9M
36% of total assets
Looks good: liabilities are 36% of assets; 50% or less.
Pt X · Ln 26
Independent board members
3
of 8 voting members
Worth a look: 3 of 8 voting members are independent, under half.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$77.8M
+18% vs prior year
Spent
$73.0M
To programs
94%
Net assets
$40.2M
By yearFY2020–FY2025
Revenue
$77.8M
FY2023▲ +18%
Tap a bar for its year
Revenue by fiscal year
FY2020$57.0M
FY2021$57.6M
FY2022$65.9M
FY2023$77.8M
FY2024$90.0M
FY2025$98.3M
Expenses
$73.0M
FY2023▲ +18%
Tap a bar for its year
Expenses by fiscal year
FY2020$48.2M
FY2021$51.8M
FY2022$62.0M
FY2023$73.0M
FY2024$86.8M
FY2025$95.4M
Net assets
$40.2M
FY2023▲ +12%
Tap a bar for its year
Net assets by fiscal year
FY2020$23.4M
FY2021$30.4M
FY2022$35.9M
FY2023$40.2M
FY2024$43.7M
FY2025$46.2M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2025) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 2000.

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

Where the money goes

94 cents of each dollar spent went to programs.

Program services 94% · $68.6M Management & general 6% · $4.4M

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

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Who runs it and what they're paid

12 people listed on the 990; $571K paid to officers and key staff.

Part VII, Section A · reportable compensation
$260,336Pt VII · Sec A
Vice President
$121,006Pt VII · Sec A
$63,712Pt VII · Sec A
$30,000Pt VII · Sec A
Director
$27,500Pt VII · Sec A
$25,962Pt VII · Sec A
$22,660Pt VII · Sec A
$20,208Pt VII · Sec A

John Sheehan JR’s $376K as President is at the 61st 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

NameFY2025FY2024FY2023FY2022FY2021FY2020
John Sheehan JR$375,899$261,385$260,336$257,231$255,065$262,492
Lisa Veteto$164,568$170,958————
Billy Hunt$163,531—————
Trudy Erickson—$160,293————
Michael Ward$160,205—————
David Maxwell$157,295$148,992————
Josh Cannon—$150,498————
Brent Fair—$148,510————

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 2Yes
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Operates non-profit nursing homes, assisted living facilities, and healthcare centers to provide housing and medical care for elderly, disabled, and low-income individuals.

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Provided by the organization

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1 program · $68.6M · in their own filed words · FY2023
01

Establish, develop, and operate nursing homes, residential assisted living facilities, related health care facilities, and other residential facilities to meet needs of the elderly, disabled, poor, and other special populations.

$68.6Mprogram expense

Funders

Who pays for it.

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

Grants

Schedule I · received and paid
Grants received · FY2021
Total grants receivedfrom 1 funder$250K
Grants paid · 17 grants · $1.1M · 2020–2025
Broad Street United Methodist ChurchFY2025$15,000
Broad Street Unity CenterFY2024$15,000
Broad Street Unity CenterFY2023$10,000
Cleveland State CommunityFY2022$125,000
Broad Street Unity CenterFY2022$10,000
Broad Street Unity CenterFY2021$10,000
Cleveland State CommunityFY2021$8,000
Cleveland Community FoundationFY2020$13,000
Broad Street Unity CenterFY2020$10,000

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$77.8M
Ln 12
Fees for servicesLn 2g$76.6M
Gifts and grantsLn 1h$769K
Other incomeLn 4–11$400K
Money outPt IX
$73.0M
Ln 25
Programscol B$68.6M
Managementcol C$4.4M
Owns and owesPt X
$40.2M
net assets · Ln 32
Cash and savingsLn 1–2$4.6M
Total assetsLn 16$63.1M
LiabilitiesLn 26$22.9M
PeoplePt VI, VII
12
listed · VII A
PaidVII A8
Voting boardVI 1a8
IndependentVI 1b3
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$769K
Government grantsLn 1e$769K
Fees for servicesLn 2g$76.6M
Investment incomeLn 3$9K
Other incomeLn 4–11$400K
Gains on assetsLn 7−$6K
Total revenueLn 12$77.8M
Assets in detailPt X, end of year
CashLn 1$4.6M
Cash and savings togetherLn 1–2$4.6M
Land, buildings, equipmentLn 10c$47.6M
Other assetsLn 15$599K
Total assetsLn 16$63.1M
LiabilitiesLn 26$22.9M
Net assetsLn 32$40.2M
OperationsPt I, VI
EmployeesI 51,799
VolunteersI 6200
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 FY23End FY23
Cash and savingsLn 1–2$3.8M$4.6M
Land, buildings, equipmentLn 10c$46.0M$47.6M
Total assetsLn 16$61.8M$63.1M
LiabilitiesLn 26$25.9M$22.9M
Net assetsLn 32$35.9M$40.2M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic organizationsLn 1$14K$14K
Pay of current officers, directors and key staffLn 5$550K$550K
Other salaries and wagesLn 7$33.3M$33.3M
Pension plan contributionsLn 8$80K$80K
Other employee benefitsLn 9$2.2M$2.2M
Payroll taxesLn 10$2.6M$2.5M$29K
Management feesLn 11a$3.9M$3.9M
Legal feesLn 11b$83K$83K
Accounting feesLn 11c$416K$362K$53K
Other fees for servicesLn 11g$12.2M$12.0M$226K
Advertising and promotionLn 12$73K$73K
Office expensesLn 13$29K$22K$6K
OccupancyLn 16$2.1M$2.1M$37K
TravelLn 17$242K$193K$49K
Conferences, conventions and meetingsLn 19$88K$88K
InterestLn 20$1.2M$14K$1.2M
Depreciation, depletion and amortizationLn 22$2.4M$361K$2.0M
InsuranceLn 23$996K$995K$2K
Other expenses (24a–d)Ln 24$10.0M$9.9M$146K
All other expensesLn 24e$458K$413K$45K
Total functional expensesLn 25$73.0M$68.6M$4.4M$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest $98.3M$95.4M$2.9M$46.2M 990 PDF
FY2024 $90.0M$86.8M$3.1M$43.7M 990 PDF
FY2023 Viewing $77.8M$73.0M$4.8M$40.2M 990 PDF
FY2022 $65.9M$62.0M$3.9M$35.9M 990 PDF
FY2021 $57.6M$51.8M$5.8M$30.4M 990 PDF
FY2020 $57.0M$48.2M$8.9M$23.4M 990 PDF

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Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2023 990 (6 parts)
Part I · Summary $77,785,069 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $5,483,180$768,588
I-9 Program service revenuePrior year $61,772,591$76,607,180
I-10 Investment incomePrior year −$1,719,996$9,443
I-11 Other revenuePrior year $370,146$399,858
I-12 Total revenuePrior year $65,905,921$77,785,069
I-13 Grants and similar amounts paidPrior year $167,150$14,000
I-14 Benefits paid to membersPrior year $0$0
I-15 Salaries and benefitsPrior year $30,617,917$38,697,070
I-16a Professional fundraising feesPrior year $0$0
I-17 Other expensesPrior year $31,178,889$34,245,477
I-18 Total expensesPrior year $61,963,956$72,956,547
I-19 Revenue less expensesPrior year $3,941,965$4,828,522
Part VI · Governance 3 of 8 board members independent, 1 to look at
VI-1a Voting members of the governing body8
VI-1b Independent voting members3
VI-2 Family or business relationship among officers or directorsYes
VI-12a Written conflict of interest policyYes
VI-13 Written whistleblower policyYes
VI-14 Document retention and destruction policyYes
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $77,785,069 across 7 lines filed
VIII-1e Government grants$768,588
VIII-1h Total contributions, gifts and grants$768,588
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $76,607,180$76,607,180
VIII-3 Investment incomeExcluded from tax $15,704$15,704
VIII-7 Net gain or loss on sales of assetsRelated to mission $11,119 · Excluded from tax −$17,380−$6,261
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Excluded from tax $399,858$399,858
VIII-12 Total revenueRelated to mission $76,618,299 · Unrelated business $0 · Excluded from tax $398,182$77,785,069
Part IX · Statement of functional expenses $72,956,547 across 20 lines filed
IX-1 Grants to domestic organizationsPrograms $14,000$14,000
IX-5 Pay of current officers, directors and key staffManagement $550,133$550,133
IX-7 Other salaries and wagesPrograms $33,323,154$33,323,154
IX-8 Pension plan contributionsPrograms $80,069$80,069
IX-9 Other employee benefitsPrograms $2,172,547$2,172,547
IX-10 Payroll taxesPrograms $2,542,081 · Management $29,086$2,571,167
IX-11a Management feesPrograms $3,884,802$3,884,802
IX-11b Legal feesPrograms $83,392$83,392
IX-11c Accounting feesPrograms $362,481 · Management $53,422$415,903
IX-11g Other fees for servicesPrograms $11,979,874 · Management $225,581$12,205,455
IX-12 Advertising and promotionPrograms $73,066$73,066
IX-13 Office expensesPrograms $22,352 · Management $6,270$28,622
IX-16 OccupancyPrograms $2,076,887 · Management $36,565$2,113,452
IX-17 TravelPrograms $193,218 · Management $48,727$241,945
IX-19 Conferences, conventions and meetingsPrograms $87,686$87,686
IX-20 InterestPrograms $13,531 · Management $1,217,953$1,231,484
IX-22 Depreciation, depletion and amortizationPrograms $361,234 · Management $2,015,895$2,377,129
IX-23 InsurancePrograms $994,550 · Management $1,724$996,274
IX-24 Other expenses (24a–d)Programs $9,902,387 · Management $145,919$10,048,306
IX-24e All other expensesPrograms $413,321 · Management $44,640$457,961
IX-25 Total functional expensesPrograms $68,580,632 · Management $4,375,915 · Fundraising $0$72,956,547
Part X · Balance sheet $63,076,775 assets, 14 lines filed
X-1 Cash, non-interest-bearingStart of year $3,760,293$4,563,624
X-3 Pledges and grants receivableStart of year $1,376,000$103,001
X-4 Accounts receivableStart of year $5,689,385$6,581,714
X-9 Prepaid expenses and deferred chargesStart of year $197,515$226,329
X-10c Land, buildings and equipment, netStart of year $46,026,979$47,583,393
X-14 Intangible assetsStart of year $3,350,418$3,419,870
X-15 Other assetsStart of year $1,403,497$598,844
X-16 Total assetsStart of year $61,804,087$63,076,775
X-17 Accounts payable and accrued expensesStart of year $3,395,708$3,890,196
X-25 Other liabilitiesStart of year $231,216$891,617
X-26 Total liabilitiesStart of year $25,905,333$22,880,133
X-27 Net assets without donor restrictionsStart of year $35,898,754$40,196,642
X-32 Total net assets or fund balancesStart of year $35,898,754$40,196,642
X-33 Total liabilities and net assetsStart of year $61,804,087$63,076,775
Part XI · Reconciliation of net assets $40,196,642 net assets at year end
XI-1 Total revenue$77,785,069
XI-2 Total expenses$72,956,547
XI-3 Revenue less expenses$4,828,522
XI-4 Net assets at start of year$35,898,754
XI-5 Net unrealized gains (losses) on investments−$530,634
XI-9 Other changes in net assets$0
XI-10 Net assets at end of year$40,196,642

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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