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Olmsted Health & Services Corp

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 341560247 ✦ Olmsted township, OH ✦ Designated as a 501(c)(3)

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Overview

What is Olmsted Health & Services Corp?

Olmsted Health & Services Corp, doing business as The Renaissance Health Center, is a 90-bed skilled nursing and rehabilitative community situated in Olmsted Township, Ohio. Affiliated with Eliza Jennings Senior Care Network, this nonprofit organization provides comprehensive care services for older adults, including 24/7 access to medical professionals and nurses, medication management, transportation, physical, occupational, and speech therapy, memory support, dining, beauty services, pharmaceutical assistance, and housekeeping. The Eliza Jennings Senior Care Network, which includes various other communities, offers hospice services through Northeast Ohio Hospice, promoting dignity, autonomy, and comfort during end-of-life care. The mission of Olmsted Health & Services is to respect and value the worth of older adults, working towards enhancing their physical, emotional, intellectual, social, and spiritual well-being.


Official website here: www.elizajennings.org

What are the reviews and ratings of this charity?

**Charity Navigator Rating: 96% (Four-Star out of Four Star Rating)**

Olmsted Health & Services Corp has achieved a commendable 96% rating from Charity Navigator, indicating a strong focus on accountability and financial management. This high score reflects impressive governance practices, including a board composed entirely of independent members and thorough oversight through their audit and financial policies. The organization demonstrates exemplary program expense ratios, dedicating over 80% of its expenditures to program services, which enhances its impact and operational effectiveness.

Despite its strengths, the organization did receive a lower score for having its tax form missing from its website, which is noted in its financial transparency practices. Nevertheless, with no material diversion of assets reported and comprehensive policies in place, the organization maintains high ethical standards. The leadership's salaries are disclosed, with total salaries reflecting substantial compensation for key personnel, which may draw some scrutiny from stakeholders.

Unfortunately, user reviews from GreatNonprofits are not available at this time to provide additional insights from community perspectives. However, the overall rating on Charity Navigator strongly suggests that Olmsted Health & Services Corp is a well-managed nonprofit committed to its mission.


This AI summary has been generated from information found on Charity Navigator.

Is Olmsted Health & Services Corp legitimate?

Olmsted Health & Services Corp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Olmsted Health & Services Corp 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,909,716

For more financial information, click here


Official website here: www.elizajennings.org

What is the mission statement of Olmsted Health & Services Corp?

Olmsted Health & Services Corp, operating under the name The Renaissance Health Center, has a mission to affirm the dignity and worth of older adults. They strive to nurture and sustain their physical, emotional, intellectual, social, and spiritual health. The organization is committed to creating a community where every member is equally respected, valued, and empowered.


Official website here: www.elizajennings.org

Who is the CEO of Olmsted Health & Services Corp?

Richard M Boyson Jr is the President & Ceo of Olmsted Health & Services Corp. The CEO's salary of Olmsted Health & Services Corp is $0 and their total compensation is $372,261.


Official website here: www.elizajennings.org

What is the revenue of Olmsted Health & Services Corp?

Olmsted Health & Services Corp's revenue in 2022 was $9,278,590.


Official website here: www.elizajennings.org

Who are the executives of Olmsted Health & Services Corp and what are their salaries?

There 39 volunteers at Olmsted Health & Services Corp.


Here are 18 key members and their salaries (Olmsted Health & Services Corp's CEO's salary is $0 and their total compensation is $372,261):


Richard M Boyson Jr (President & Ceo)
  • Compensation: $0
  • Related: $360,348
  • Other: $11,913
Kathleen M Shields (Cfo)
  • Compensation: $0
  • Related: $219,925
  • Other: $4,901
Jennifer Griveas (Vp Of Legal)
  • Compensation: $0
  • Related: $170,115
  • Other: $11,913
Sheryl Sereda (Cao)
  • Compensation: $0
  • Related: $171,792
  • Other: $8,742
Michael Gray (Cio)
  • Compensation: $0
  • Related: $114,395
  • Other: $594
Richard L Fletcher (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alayne J Fodor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenn S Krassen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Brendan Lawlor (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michelle R Messina (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard L Fox (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Rogerson (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patricia M Scanlon (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Terrie Tenk Shrock (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Allen R Tracy (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rick J Weigle (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Margaret G Weitzel (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Hilton Young (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.elizajennings.org

Where can I find the form 990 for Olmsted Health & Services Corp?

Olmsted Health & Services Corp's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.elizajennings.org

Learn more at the official website: www.elizajennings.org

Mission Statement of Olmsted Health & Services Corp

Olmsted Health & Services Corp, also known as The Renaissance Health Center, is dedicated to upholding the dignity and worth of older adults. Their mission is to help these individuals achieve the highest possible quality of life. They strive to nurture and sustain the physical, emotional, intellectual, social, and spiritual health of the elderly population under their care. The organization is committed to fostering an inclusive community where every member is equally respected, valued, and empowered.

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Impact




October, 2024

Olmsted Health & Services Corp significantly impacts the well-being of older adults in the community through its comprehensive range of services. Operating a 90-bed skilled nursing and rehabilitative facility, known as The Renaissance Health Center, it provides essential care options including rehabilitation, skilled nursing assistance, respite, and hospice care.

Located within the Renaissance Retirement Campus and affiliated with the Eliza Jennings Senior Care Network, Olmsted Health & Services ensures that residents have access to around-the-clock medical care, medication management, and therapeutic services. Its commitment to enhancing the quality of life is evident in the breadth of services offered, from physical and occupational therapy to memory support for individuals with Alzheimer’s disease and dementia.

Additionally, the center fosters a vibrant community environment, providing social and recreational activities, world-class dining, and personal care services. By supporting the physical, emotional, intellectual, social, and spiritual needs of older adults, Olmsted Health & Services plays a pivotal role in affirming their dignity and empowering them to live fulfilling lives. This holistic approach not only benefits residents but also supports families navigating the complexities of advanced illness and end-of-life care, making a profound difference in the overall quality of aging services in the region.




This information is meant to be a general summary of Olmsted Health & Services Corp. 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.

Revenue
$9,278,590 (2022)
Expenses
$6,474,058 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $8,915,604
  • Gross Receipts: $9,278,590

Assets and Liabilities:

  • Total Assets: $3,253,546
  • Total Liabilities: $676,726
  • Net Assets: $2,576,820

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Ancillary Services

Revenue

$835,241

Operating Nursing Service

Revenue

$8,080,363

Organization Details

Founding Year

1987

Principal Officer

Richard M Boyson Jr

Main Address

26376 John Road, Olmsted Township, OH, 44138

NTEE Category

Code: P750 - Human services

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