Overview
What is St Edward Home?
The Village of St. Edward, also known as St Edward Home, is a nonprofit senior living community located in Fairlawn, Ohio. Established in 1964, it provides specialized care in a faith-based environment, including Independent Living, Assisted Living, Assisted Living Memory Care, and Skilled Nursing. St. Edward has a long-standing reputation for delivering high-quality, compassionate care and services to older adults in a structured, protected living environment. As a Catholic organization, it is uniquely tied to the Catholic Diocese of Cleveland, offering care and programs not found elsewhere in the Akron area. With a team of 397 employees, St. Edward participates in both the Medicaid and Medicare programs and offered 27,572 days of nursing care in 2022.
Official website here: www.vsecommunities.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 82%, Three-Star out of Four Star rating
St Edward Home has received a Three-Star rating from Charity Navigator, with an overall score of 82%, reflecting a strong performance in Accountability & Finance. The organization has demonstrated a commitment to transparency and good governance, evidenced by a 95% independent board and the existence of comprehensive policies including conflict of interest and whistleblower protections.
The charity's financial management appears solid, with a program expense ratio of 87.84%, indicating that a significant portion of its budget is directed towards its programs rather than administrative costs. Additionally, the absence of material diversions of assets and a well-structured audit and oversight committee further underscore its financial integrity.
However, the organization has room for improvement, particularly in its liabilities to assets ratio, which stands at 68.23%. While this score does not detract from the overall rating, stakeholders may want to monitor this aspect closely to ensure the charity maintains its financial health in the long term.
This AI summary has been generated from information found on Charity Navigator.
Is St Edward Home legitimate?
St Edward Home is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Edward Home submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,017,880
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,576,851
For more financial information, click here
Official website here: www.vsecommunities.org
What is the mission statement of St Edward Home?
The St Edward Home is dedicated to enriching lives and providing compassionate, faith-based care for older adults. In their nursing care services, they cater to the diverse health, social, and spiritual needs of older adults in a protected living environment. Established in 1964, the organization has built a reputation for delivering quality care and regulatory compliance. With historical ties to the Catholic Diocese, the St Edward Home offers unique programs and services within the Catholic tradition. They participate in both Medicaid and Medicare programs and provided 27,572 days of care in 2022.
Official website here: www.vsecommunities.org
Who is the CEO of St Edward Home?
Brian Renkas is the Board Member And President/Ceo of St Edward Home. The CEO's salary of St Edward Home is $298,158 and their total compensation is $312,478.
Official website here: www.vsecommunities.org
What is the revenue of St Edward Home?
St Edward Home's revenue in 2022 was $22,778,233.
Official website here: www.vsecommunities.org
Who are the executives of St Edward Home and what are their salaries?
The average compensation at St Edward Home during 2022 was $24,168. There are 397 employees and 25 volunteers at St Edward Home.
Here are 27 key members and their salaries (St Edward Home's CEO's salary is $298,158 and their total compensation is $312,478):
- Compensation: $298,158
- Related: $0
- Other: $14,320
- Compensation: $191,556
- Related: $0
- Other: $25,776
- Compensation: $177,579
- Related: $0
- Other: $11,801
- Compensation: $133,718
- Related: $0
- Other: $20,103
- Compensation: $126,211
- Related: $0
- Other: $18,658
- Compensation: $127,147
- Related: $0
- Other: $6,547
- Compensation: $118,633
- Related: $0
- Other: $5,038
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Official website here: www.vsecommunities.org
Where can I find the form 990 for St Edward Home?
St Edward Home's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vsecommunities.org
Learn more at the official website: www.vsecommunities.org
Mission Statement of St Edward Home
The Village of St. Edward is a senior living community that provides compassionate, Christ-centered care to older adults in need of specialized assistance. Situated in a faith-based environment consistent with Catholic tradition and teaching, this organization offers a range of services including Independent Living, Assisted Living, Assisted Living Memory Care, and Skilled Nursing. With a mission to enrich lives, The Village of St. Edward goes above and beyond to cater to the diverse health, social, and spiritual needs of its residents.
Established in 1964, The Village of St. Edward has built an exceptional reputation for delivering quality care and services, ensuring regulatory compliance. As a Catholic organization, it carries historical ties to the Catholic Diocese of Cleveland and stands out as the only one in the Akron area offering the same services and programs. The organization participates in both the Medicaid and Medicare programs, providing essential support to older adults who live in a structured, protected living environment. In 2022 alone, Nursing Care at The Village of St. Edward offered 27,572 days of care.
The commitment to compassionate care and services at The Village of St. Edward is evident in its dedication to meeting the unique needs of its residents. The organization prides itself on its record of delivering the highest level of care, ensuring the well-being of older adults and offering them a safe, nurturing environment to call home. By fostering a faith-based community where spiritual growth is encouraged and nourished, The Village of St. Edward creates an atmosphere of hope and healing for all its residents.
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Impact
October, 2024
St. Edward Home significantly impacts the lives of older adults in Fairlawn, Ohio, through its comprehensive senior living community that offers a range of specialized care services. With a commitment to faith-based values rooted in Catholic tradition, the Village of St. Edward addresses the diverse health, social, and spiritual needs of its residents, ensuring they experience a high quality of life in a supportive environment.
Since its establishment in 1964, St. Edward has built a reputation for delivering exemplary compassionate care tailored to the unique requirements of each resident. The organization is dedicated to regulatory compliance and maintaining high standards in the delivery of its services. It provides an array of options including Independent Living, Assisted Living, Assisted Living Memory Care, and Skilled Nursing, enabling residents to receive the appropriate level of support as their needs evolve.
In 2022 alone, nursing care services offered at the Village accounted for an impressive 27,572 days of care, highlighting the extensive support available to seniors in the community. With historical ties to the Catholic Diocese of Cleveland, St. Edward stands out as the only Catholic-sponsored organization in the Akron area providing such a comprehensive list of services and programs tailored for older adults. This deep-rooted commitment to compassionate care enriches the lives of residents and fosters a nurturing community, making a profound impact on their overall well-being.
This information is meant to be a general summary of St Edward Home. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $274,971
- Program Service Revenue: $17,363,417
- Gross Receipts: $23,791,627
Assets and Liabilities:
- Total Assets: $30,585,577
- Total Liabilities: $20,868,670
- Net Assets: $9,716,907
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Nursing Care
Revenue
$8,660,046
Independent Living
Revenue
$2,259,653
Assisted Living
Revenue
$4,588,546
Memory Care
Revenue
$1,798,016
Meals/Barber/Beauty
Revenue
$57,156
Organization Details
Founding Year
1970
Phone
(330) 666-1183Principal Officer
Brian Renkas
Main Address
3131 Smith Road, Fairlawn, OH, 44333
Website
www.vsecommunities.orgNTEE Category
Code: P750 - Human services
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