Ohio Living is located in Westerville, OH. The organization was established in 1992. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 06/2022, Ohio Living employed 3,955 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ohio Living is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 06/2022, Ohio Living generated $24.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 52.6% each year . All expenses for the organization totaled $15.9m during the year ending 06/2022. While expenses have increased by 61.4% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
OHIO LIVING IS THE PARENT ORGANIZATION OF OHIO LIVING COMMUNITIES, OHIO LIVING FOUNDATION, OHIO LIVING HOLDINGS, AND OHIO LIVING VENTURES, LLC.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PARENT COMPANY OF OHIO LIVING COMMUNITIES, OHIO LIVING FOUNDATION, OHIO LIVING HOLDINGS AND OHIO LIVING VENTURES, LLC.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Laurence C Gumina Chief Executive Officer | OfficerTrustee | 4 | $566,872 |
Mark Matson Director | Trustee | 2 | $0 |
Kevin Futryk Director/asst Secretary | OfficerTrustee | 2 | $0 |
Barbara Sears-Roshon Director/chair | OfficerTrustee | 2 | $0 |
Sandy Adam Director/vice Chair | OfficerTrustee | 2 | $0 |
Donald Edwards Director | Trustee | 2 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Maxwell Healthcare Associates Consultant & Staff Aug Services | 6/29/22 | $589,122 |
Homecare Homebase Llc Software Services | 6/29/22 | $587,076 |
Nas Recruitment Innovation Inc Recruiment Services | 6/29/22 | $279,555 |
Plante Moran Pllc Accounting Services | 6/29/22 | $197,716 |
Landmark Media Enterprises Llc Software Services | 6/29/22 | $188,278 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $0 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
Total Program Service Revenue | $17,964,932 |
Investment income | $1,736,397 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $4,641,562 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $24,342,891 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $93,753 |
Compensation of current officers, directors, key employees. | $93,753 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $8,554,567 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $1,136,276 |
Payroll taxes | $574,866 |
Fees for services: Management | $0 |
Fees for services: Legal | $236,941 |
Fees for services: Accounting | $98,680 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $129,232 |
Fees for services: Other | $1,604,079 |
Advertising and promotion | $367,640 |
Office expenses | $626,349 |
Information technology | $802,372 |
Royalties | $0 |
Occupancy | $645,710 |
Travel | $125,212 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $142,909 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $793,424 |
Insurance | $0 |
All other expenses | $0 |
Total functional expenses | $15,932,010 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $0 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $3,389 |
Net Land, buildings, and equipment | $0 |
Investments—publicly traded securities | $0 |
Investments—other securities | $2,400,012 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $2,648,624 |
Total assets | $5,052,025 |
Accounts payable and accrued expenses | $959,581 |
Grants payable | $0 |
Deferred revenue | $112,209 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,615,989 |
Total liabilities | $3,687,779 |
Net assets without donor restrictions | $1,364,246 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $5,052,025 |