2019-11-14T12:50:34-07:00 2018-12-31 990 2018-01-01 340946931 ST EDWARD HOME STED 3306661183 3131 Smith Road Fairlawn OH 44333 Brian Renkas V.P. of Finance/CFO 2344665213 2019-10-31 96.11.49.210 2018 2020-04-17 16:48:07Z The Village of St Edward Brian Renkas 3131 Smith Road Fairlawn OH 44333 20930102 0 0928 X www.vsecommunities.org X 1970 OH The Village of St. Edward is a senior living community operating in Fairlawn, Ohio with specialized care including Independent Living, Assisted Living, Assisted Living Memory Care and Skilled Nursing in a faith based environment that is consistent with Catholic tradition and teaching. 19 18 438 195 0 0 11423 30936 15185548 16084784 110972 1161447 108642 532933 15416585 17810100 0 0 0 0 9120040 9606844 0 0 0 6008204 6368791 15128244 15975635 288341 1834465 28217359 28197036 24165466 23742839 4051893 4454197 The Village of St. Edward Community supports and enriches lives with compassionate, Christ-centered care. 0 0 7153623 0 7513561 Nursing Care Services: In providing nursing care services, The Village of St. Edward meets the diverse health, social and spiritual care needs of older adults who live in a structured, protected living environment. Since its inception in 1964, St. Edward has provided the highest level of compassionate care and services for its residents. The organization has built an exemplary record in delivering quality care and services and of regulatory compliance. The Village of St. Edward is a Catholic organization with historical ties to the Catholic Diocese of Cleveland. No other Catholic sponsored organization in the Akron area offers the same services and programs. The Village of St. Edward participates in both the Medicaid and Medicare programs. During 2018, Nursing Care provided 28,318 days of care. In addition, the organization donated use of its spaces to various charitable or community groups. The Village also served as a training site for various high school, college or career center students. 1978520 0 2317063 Independent Living Services: The Village of St. Edward believes in a long-term relationship with the older adults who reside in their community. In providing independent living services, not only does The Village of St. Edward provide living quarters attentive to the requirements of an aged population, but also opportunities for personal growth and enrichment. The Village's Independent Living services is an affordable living option for many low to middle income elderly residents of the Akron region. During 2018, the independent living facility provided 27,813 days of occupancy for high-functioning senior citizens. In addition, The Village donated use of its numerous spaces to various community organizations, coordinated collections of clothing items for a local area church, school supplies for a local school and raised monies for a local food pantry. 3096016 0 4151811 Assisted Living Services: The Village of St. Edward provides Assisted Living services for a level of care between skilled nursing and independent living. During 2018, The Village provided 25,924 days of care in assisted living. The Village participates in the Assisted Living Waiver program, a long-term care option for Medicaid recipients, and offers an alternative to nursing home placement. 2267791 0 1976990 Memory Care Services: The Village of St. Edward provides Assisted Living Memory Care services for a level of care designed to specifically to care for the aging population affected by dementia. During 2018, The Village provided 9,950 days of care memory care. The Village participates in the Assisted Living Waiver program, a long-term care option for Medicaid recipients, and offers an alternative to nursing home placement 0 0 1163697 Management Fee Revenue 2267791 0 3140687 14495950 1 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 46 0 1 438 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 19 18 0 0 0 0 0 0 1 1 1 0 0 1 1 1 1 1 1 1 0 0 OH X Brian Renkas 3306661183 3131 Smith Road Fairlawn OH 44333 John Stoner Board Member and President/CEO 37.0 3.0 X X 264430 0 14922 Mike VanDevere Chair 2 3 X X 0 0 0 Kimberly Cole Vice-Chair 2 2.0 X X 0 0 0 Patrick McMahon Treasurer 2 2.0 X X 0 0 0 Daniel Johnson Secretary 2 3 X X 0 0 0 Ceasar Carrino Director 1 3.0 X 0 0 0 Amy Ciccotelli Director 1 2 X 0 0 0 Carl Dangel Director 1 2 X 0 0 0 James Dunn Director 1 2 X 0 0 0 Patrick Gareau Director 1 2 X 0 0 0 Thomas Hudock Director 1 3.0 X 0 0 0 Philip Kaufmann Director 1 4.0 X 0 0 0 John Kilway Director 1 2 X 0 0 0 Paulette Macura Director 1 2 X 0 0 0 Karen Manna Director 1 3.0 X 0 0 0 Craig Marshall Director 1 2 X 0 0 0 Louise Mazur Director 1 0 X 0 0 0 Chris Serger Director 1 0 X 0 0 0 Sr Mary Ann Wiesemann-Mills Director 1 2 X 0 0 0 Danielle Maur V.P. of Operations 40 0 X 137539 0 21562 Brian Renkas V.P of Finance/CFO 40 0 X 134671 0 7432 Vondea Sheaffer V.P. of Advancement 0 40 X 95740 0 13386 632380 0 57302 4 0 1 0 HealthPRO Rehabiitation 16600 Sprague Road Suite 365 Middleburg Heights OH 44130 Therapy and Rehab Services 581763 Honeywell 12490 Collections Center Drive Chicago IL 60693 HVAC Maintenance 210281 Knox Marketing 1730 Akron-Peninsula Road Suite 201 Akron OH 44313 Marketing & Public Relations 165034 2 0 0 0 0 0 30936 0 30936 Nursing Care 623000 7513561 7513561 0 0 Independent Living 623000 2317063 2317063 0 0 Assisted Living 623000 4151811 4151811 0 0 Memory Care 623000 1976990 1976990 0 0 Meals/Barber & Beauty 623000 125359 0 0 125359 0 0 0 0 16084784 50293 0 0 50293 0 0 0 0 1859 0 0 1859 0 0 4231156 0 3117753 2249 1113403 -2249 1111154 0 0 1111154 0 Miscellaneous Revenue 900099 1668 0 0 1668 Management Fees - Wadsworth 900099 303460 0 0 303460 Management Fees - Green 900099 225946 0 0 225946 0 0 0 0 531074 17810100 15959425 0 1819739 714987 714987 7198734 6387891 810843 242303 215011 27292 773454 686334 87120 677366 601070 76296 39479 39479 23320 23320 0 21969 21969 30000 30000 0 131442 131442 30279 18123 12156 167783 167783 515344 515344 19257 13145 6112 26280 8179 18101 789542 789542 1277533 1277533 122318 122318 Contract Therapy 571165 571165 0 0 Supplies - Food 831068 831068 0 0 Bed Taxes 377252 377252 0 0 Contract Services 348855 340955 7900 0 1045905 864591 181314 15975635 14495950 1479685 0 1700 1700 2163310 3274731 736577 856308 24639 24639 97643 86889 36898887 18277150 19652321 18621737 4868858 4733757 672311 597275 28217359 28197036 3618611 4195984 20546855 19546855 24165466 23742839 X 4050667 4452971 1226 1226 0 0 4051893 4454197 28217359 28197036 1834465 -1432161 0 0 0 0 X 0 1 X 1 0 X 67264 117960 1493 11423 30936 229076 12643337 13018912 13502368 15185548 16084784 70434949 12710601 13136872 13503861 15196971 16115720 70664025 70664025 201328 112014 114008 120348 52188 599886 0 201328 112014 114008 120348 52188 599886 16288 11709 4237 107384 531074 670692 12928217 13260595 13622106 15424703 16698982 71934603 0.98234 0.98756 0.00834 0.01022 X Schedule A, Part III, Line 12 Other income including catering, management fee and miscellaneous revenues. 0 3291877 3291877 0 21571242 8979253 12591989 0 0 0 0 0 11620505 9062346 2558159 0 415263 235551 179712 18621737 X X X X 0 0 0 0 0 0 0 0 0 John Stoner Board Member and President/CEO 246930 0 17500 0 0 0 9139 0 5783 0 279352 0 Danielle Maur V.P. of Operations 128039 0 9500 0 0 0 6882 0 14680 0 159101 0 0 0 A County of Summit 346002767 2015-12-09 21000000 Refund Series 2011, construct Memory Care building and renovations of current building 0 0 0 A 0 0 21000000 0 0 0 413000 0 0 0 20587000 0 2017 1 0 0 1 A 0 0 0 0 0 0 0 0 0 1 A 0 1 0 0 1 0 0 0 0 A 1 Form 990, Part VI, Section A, Line 7b All of the authority and powers of The Village of St. Edward are exercised by the Board of Directors subject to the following rights reserved to the local Bishop of the Roman Catholic Church: to approve any changes made by the Board of Directors with respect to philosophy, mission and purpose of The Village at St. Edward; to determine and maintain the Catholic identity of The Village of St. Edward, and to approve any amendment or restatement of the Articles of Incorporation and the Code of Regulations which affect the reserved powers of the Bishop. Form 990, Part VI, Section B, Line 11b After the form is prepared by the organization's Accounting Supervisor, it is reviewed by the V.P of Finance/CFO. The form is then reviewed by the organization's independent auditing firm. Next, the President/CEO and VP of Finance/CFO meet with the Executive and Finance Committees to review the forms. Subsequent to that meeting, a copy is provided to the full Board of Directors before the report is filed. Form 990, Part VI, Section B, Line 12c The Annual Conflict of Interest Disclosure Statement is distributed to all board directors at the first Board of Directors meeting of the year. The directors are encouraged to complete the form at that meeting. For those that do not complete the form at that time or are not present at the meeting, staff mails the form to them for their completion. Staff monitors receipt of the forms until all have been received. Upon receipt, staff reviews the forms with the President/CEO. The completed forms are then filed. For any conflicts that may arise, the Duality of Interest section of the organization's Code of Regulations states that only directors who are not interested in the matter may vote. Form 990, Part VI, Section B, Line 15 The following process is used to establish compensation for the President/CEO. The Executive Committee of the Board of Directors obtains needed comparability data for comparable positions in similar organizations from independent, outside consultants or auditors providing services to the continuing care industry. The data is provided to the Executive Committee prior to a Board of Directors meeting. The Executive Committee reviews the data, along with documentation from the President/CEO, addressing the accomplishment of goals and objectives for the year. The Executive Committee maintains their own minutes of this meeting. The Executive Committee then makes a recommendation for any compensation adjustment at the next meeting of the Board of Directors. The recommendation is made by members independent of the President/CEO. The discussion and results of the meeting are documented in the Board of Directors minutes. Form 990, Part VI, Section C, Line 19 The Organization makes its governing documents, conflict of interest policy and financial statements available to the public upon request. VASED Properties LLC 3131 Smith Road Fairlawn OH 44333 811347252 To provide support and carry out the mission of St. Edward Home OH 0 0 N/A Mt Eaton Properties LLC 3131 Smith Road Fairlawn OH 44333 474577520 To provide support and to carry out the mission of St. Edward Home OH 0 6138 N/A Village at St Edward Foundation 3131 Smith Road Fairlawn OH 44333 341969623 Fundraising on behalf of St. Edward Home OH 501(c)(3) 12a N/A 1 The Village of St Edward at Wadsworth 3131 Smith Road Fairlawn OH 44333 341966045 Delivery of housing and related services to senior citizens and the elderly. OH 501(c)(3) 509(a)(2) N/A 1 The Village of St Edward at Green 3131 Smith Road Fairlawn OH 44333 813276984 Delivery of housing and related services to senior citizens and the aged. OH 501(c)(3) 509(a)(2) N/A 1 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 1 1 1