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Olmsted Assisted Living Corporation

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

EIN: 341833994 ✦ Olmsted township, OH ✦ Designated as a 501(c)(3)

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Overview

What is Olmsted Assisted Living Corporation?

Olmsted Assisted Living Corporation, a part of the Eliza Jennings Senior Care Network, is a prominent provider of aging services. Located in Olmsted Township, Ohio, they operate 23 assisted living apartments for elderly residents in Cleveland's westside. Their comprehensive care services include round-the-clock access to physicians and nurses, medication management, transportation, therapy, memory support, world-class dining, personal care, and housekeeping. Their recent addition is the Absolute Center for Assisted Living, featuring 48 apartments. The Eliza Jennings Senior Care Network encompasses various other communities, offering hospice services through Northeast Ohio Hospice. Their mission is to honor the dignity and individual worth of older adults, nurturing their overall 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 Assisted Living Corporation has received an impressive rating of 96% from Charity Navigator, earning a Four-Star designation. This rating reflects the organization's commitment to accountability and financial integrity, with a complete score derived from their Accountability & Finance measures. The 96% score indicates that the nonprofit is effectively managing its resources and adhering to high standards of transparency.

Strengths noted in the evaluation include a fully independent board, with 92% of its members meeting independence criteria, and comprehensive financial oversight practices. The organization scores full points across several accountability measures, including the absence of material asset diversion and the presence of critical policies such as conflict of interest and whistleblower protections. Their program expense ratio is also impressive at 99.22%, suggesting that nearly all funds are directed towards their mission-related activities.

While the data reflects a strong overall performance, it is essential to stay informed about any potential changes that may arise in future evaluations. Nevertheless, the current assessment highlights Olmsted Assisted Living Corporation's dedication to responsible governance and commitment to serving its community effectively.


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

Is Olmsted Assisted Living Corporation legitimate?

Olmsted Assisted Living Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Olmsted Assisted Living Corporation 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: $366,392

For more financial information, click here


Official website here: www.elizajennings.org

What is the mission statement of Olmsted Assisted Living Corporation?

Olmsted Assisted Living Corporation's mission is centered around respecting and valuing the dignity and individual worth of older adults. They strive to enhance their quality of life by nurturing their physical, emotional, intellectual, social, and spiritual health. The corporation aims to create a community where every member is equally respected, valued, and empowered.


Official website here: www.elizajennings.org

Who is the CEO of Olmsted Assisted Living Corporation?

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


Official website here: www.elizajennings.org

What is the revenue of Olmsted Assisted Living Corporation?

Olmsted Assisted Living Corporation's revenue in 2022 was $1,490,339.


Official website here: www.elizajennings.org

Who are the executives of Olmsted Assisted Living Corporation and what are their salaries?

There 39 volunteers at Olmsted Assisted Living Corporation.


Here are 18 key members and their salaries (Olmsted Assisted Living Corporation'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 Assisted Living Corporation?

Olmsted Assisted Living Corporation'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 Assisted Living Corporation

Olmsted Assisted Living Corporation, a part of the Eliza Jennings Senior Care Network, is dedicated to upholding the dignity and inherent worth of older adults. Their mission is to foster and sustain the physical, emotional, intellectual, social, and spiritual well-being of these individuals, enabling them to attain the highest possible quality of life. The organization believes in creating a community where every member is equally respected, valued, and empowered. This mission is reflected in their provision of assisted living apartments and community-based aging services, aiming to cater to the unique needs of elderly residents. Additionally, Olmsted Assisted Living Corporation is committed to offering a comprehensive range of care services, including access to medical professionals, medication management, transportation, therapy, memory support, and housekeeping, among others. By prioritizing the holistic well-being of its residents, Olmsted Assisted Living Corporation strives to provide a nurturing and supportive environment that empowers older adults to live fulfilling lives.

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Impact




October, 2024

Olmsted Assisted Living Corporation significantly enhances the quality of life for elderly residents in Cleveland's Westside by providing comprehensive support and care tailored to their needs. With 23 assisted living apartments, the community caters to individuals requiring assistance with daily activities, ensuring their comfort and well-being.

The facility offers a wide array of services, including 24/7 access to healthcare professionals, medication management from in-house clinical staff, and transportation to medical appointments and social events. This accessibility fosters a sense of independence while ensuring that residents receive the necessary medical attention and support.

Additionally, Olmsted Assisted Living prioritizes holistic care, emphasizing physical, emotional, intellectual, social, and spiritual health. Programs such as physical, occupational, and speech therapy, along with specialized memory support for those with Alzheimer's and other dementias, illustrate a commitment to the diverse needs of older adults. Their world-class dining, beauty and barber services, and housekeeping also contribute to a dignified and enriching living experience.

The recent establishment of the Absolute Center for Assisted Living, featuring 48 new apartments, further demonstrates the corporation's dedication to expanding its capacity and enhancing services for the aging population. By affirming the dignity and worth of older adults, Olmsted Assisted Living Corporation plays a vital role in fostering a respectful and empowered community for seniors.




This information is meant to be a general summary of Olmsted Assisted Living Corporation. 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
$1,490,339 (2022)
Expenses
$615,403 (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: $1,490,339
  • Gross Receipts: $1,490,339

Assets and Liabilities:

  • Total Assets: $10,832,477
  • Total Liabilities: $1,518,616
  • Net Assets: $9,313,861

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Programs

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

Ancillary Revenue

Revenue

$73,109

Resident Service Fees

Revenue

$1,417,230

Organization Details

Founding Year

1996

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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