Genesys Convalescent Center

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

EIN: 382317364 ✦ St louis, MO ✦ Designated as a 501(c)(3)

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Overview

What is Genesys Convalescent Center?

Genesys Convalescent Center is a nonprofit organization that provides residential skilled nursing care to the community. They lease their property and equipment to Genesis Eldercare Rehabilitation during a period where the former is constructing a new facility. The Ascension Catholic health ministry, which Genesys Convalescent Center is part of, supports both patient care and community development, and has shown dedication to serving the vulnerable during the COVID-19 pandemic. Their mission is rooted in the loving ministry of Jesus as Healer, committing to holistic, compassionate care for individuals and communities. They strive to improve the health and well-being of those they serve, with a special focus on the poor and vulnerable.

Is Genesys Convalescent Center legitimate?

Genesys Convalescent Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Genesys Convalescent Center 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: $0

For more financial information, click here

What is the mission statement of Genesys Convalescent Center?

The Genesys Convalescent Center, grounded in the loving ministry of Jesus as a healer, is committed to serving all individuals, with a particular focus on those who are poor and vulnerable. Embracing a Catholic health ministry, they provide spiritually-centered, holistic care that aims to sustain and improve the health of individuals and communities. Their mission extends beyond healthcare, as they advocate for a compassionate and just society through their actions and words. The center's goal is to improve the health and well-being of the communities they serve, with a special concern for the most vulnerable members.

Who is the CEO of Genesys Convalescent Center?

Unavailable The CEO's salary of Genesys Convalescent Center is $0 and their total compensation is $1,276,876.

What is the revenue of Genesys Convalescent Center?

Genesys Convalescent Center's revenue in 2022 was $0.

Who are the executives of Genesys Convalescent Center and what are their salaries?

There 10 volunteers at Genesys Convalescent Center.


Here are 16 key members and their salaries (Genesys Convalescent Center's CEO's salary is $0 and their total compensation is $1,276,876):


Bob Maganti Md (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Christopher J Palazzolo (President & Ceo)
  • Compensation: $0
  • Related: $1,227,518
  • Other: $49,358
Muhammad Aboudan Md (Treasurer)
  • Compensation: $0
  • Related: $312,809
  • Other: $7,346
A Sarge Harvey (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Morgan (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Boles Md (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jamie Hresko (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jo Studley May Md (Director)
  • Compensation: $0
  • Related: $297,808
  • Other: $19,317
John Freel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Piper (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Furlo (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Richard Heinrich (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Todd Gregory (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy A Haywood (Vp, Finance)
  • Compensation: $0
  • Related: $487,292
  • Other: $39,605
Dennis V Desimone Md (Former Key Employee (End 12/2017))
  • Compensation: $0
  • Related: $458,261
  • Other: $45,424
Joy M Finkenbiner (Former Key Employee (End 12/2017))
  • Compensation: $0
  • Related: $351,978
  • Other: $28,922
Where can I find the form 990 for Genesys Convalescent Center?

Genesys Convalescent Center's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Genesys Convalescent Center

Genesys Convalescent Center, rooted in the loving ministry of Jesus as a healer, is committed to serving all individuals with special attention to those who are poor and vulnerable. This nonprofit organization is dedicated to providing spiritually-centered, holistic care that sustains and improves the health of individuals and communities. Their mission extends beyond medical treatment, advocating for a compassionate and just society through their actions and words. Genesys Convalescent Center leases property and equipment to Genesis Eldercare Rehabilitation for the purpose of providing residential skilled nursing care, aiming to improve the health and well-being of all people in the communities they serve.

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Impact




October, 2024

Genesys Convalescent Center has made a significant impact on the health and well-being of the communities it serves by facilitating access to essential skilled nursing care. By leasing its property and equipment to Genesis Eldercare Rehabilitation, the center has ensured the continued availability of residential skilled nursing services despite transitions in ownership and facility management.

Since the sale of its bed licenses to Genesis Rehab in 2015, Genesys Convalescent Center has played a pivotal role in supporting the infrastructure needed for quality eldercare. The ongoing lease arrangement allows Genesis Rehab to utilize the facilities while they construct a new facility, maintaining uninterrupted care for vulnerable populations in the St. Louis area.

Additionally, as part of the Ascension Catholic health ministry, Genesys Convalescent Center exemplifies a commitment to holistic and spiritually-centered care. This approach addresses not only the physical needs of patients but also their emotional and spiritual well-being, particularly for those who are poor and vulnerable. By advocating for compassionate and just healthcare, the center aims to strengthen the health of individuals and the broader community, especially in the face of challenges such as the COVID-19 pandemic. Through these efforts, Genesys Convalescent Center continues to positively influence the landscape of elderly care and community health in Missouri.




This information is meant to be a general summary of Genesys Convalescent Center. 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
$0 (2022)
201120122013201420152016201720182019202020212022$0$3.5M$7M$10.5M$14M
Expenses
$0 (2022)
201120122013201420152016201720182019202020212022$0$3M$6M$9M$12M
Efficiency
201120122013201420152016201720182019202020212022-1.35%13.65%28.65%58%

Other financial information:

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

    Assets and Liabilities:

    • Total Assets: $0
    • Total Liabilities: -$63
    • Net Assets: $63

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    Organization Details

    Founding Year

    1980

    Main Address

    C/O TAX DEPARTMENT PO BOX 45998, ST LOUIS, MO, 631455998

    NTEE Category

    Code: E91 - Health

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