Regina Health Center
- Assets
- $17.1m
- Revenue
- $9.6m
- Investments
- $0.0
- Employees
- 250
- Location
- Richfield, OH
- Founding
- 05/1993
- Data as of
- 12/2021
- EIN
- 34-1722394
Organization Overview
Regina Health Center is located in Richfield, OH. The organization was established in 1993. According to its NTEE Classification (E99) the organization is classified as: Health Care N.E.C., under the broad grouping of Health Care and related organizations. As of 12/2021, Regina Health Center employed 250 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Regina Health Center 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 12/2021, Regina Health Center generated $9.6m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $12.2m during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE LONG-TERM CARE TO RELIGIOUS AND NON-RELIGIOUS ELDERLY
Describe the Organization's Program Activity:
Part 3 - Line 4a
REGINA HEALTH CENTER (REGINA) IS A RETIREMENT COMMUNITY PROVIDING SKILLED NURSING, ASSISTED AND INDEPENDENT CARE WITH A PRIORITY FOR AGED RELIGIOUS. IN 2021 REGINA PROVIDED 39,559 SKILLED , INTERMEDIATE AND ASSISTED LIVING CARE DAYS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sr Katherine Andrews Csa Secretary | OfficerTrustee | 1 | $0 |
Michael P Bohan Treasurer (1/1/2021 - 3/15/2021) | OfficerTrustee | 1 | $0 |
Karen M Frey Vice President | OfficerTrustee | 1 | $0 |
David Simia Treasurer (3/16/2021 - 12/31/2021) | OfficerTrustee | 1 | $0 |
Joseph C Maurer CPA President | OfficerTrustee | 1 | $0 |
Mark Yantek Executive Director | Officer | 40 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Therapy In Motion Rehab Therapy | 12/30/21 | $337,474 |
Sa Comunale Hvac | 12/30/21 | $161,764 |
Wilham Roofing Roofing | 12/30/21 | $109,280 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $210,078 |
| Related organizations | $99,657 |
| Government grants | $600,870 |
| All other contributions, gifts, grants, and similar amounts not included above | $550,257 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,460,862 |
| Total Program Service Revenue | $7,803,678 |
| Investment income | $89,873 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $182,427 |
| Net Income from Fundraising Events | -$39,433 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,564,956 |
| 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. | $170,500 |
| Compensation of current officers, directors, key employees. | $10,230 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,748,992 |
| Pension plan accruals and contributions | $231,061 |
| Other employee benefits | $745,505 |
| Payroll taxes | $440,600 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $24,414 |
| Fees for services: Accounting | $29,929 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $34,971 |
| Fees for services: Other | $636,061 |
| Advertising and promotion | $21,055 |
| Office expenses | $319,166 |
| Information technology | $42,127 |
| Royalties | $0 |
| Occupancy | $950,443 |
| Travel | $1,460 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $8,039 |
| Interest | $685 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $577,494 |
| Insurance | $159,497 |
| All other expenses | $0 |
| Total functional expenses | $12,184,645 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,228,995 |
| Pledges and grants receivable | $69,962 |
| Accounts receivable, net | $1,651,188 |
| 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 | $18,225 |
| Net Land, buildings, and equipment | $5,187,294 |
| Investments—publicly traded securities | $8,960,599 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $17,116,263 |
| Accounts payable and accrued expenses | $1,433,392 |
| Grants payable | $0 |
| Deferred revenue | $21,025 |
| 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 | $34,869 |
| Total liabilities | $1,489,286 |
| Net assets without donor restrictions | $14,946,187 |
| Net assets with donor restrictions | $680,790 |
| 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 | $17,116,263 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Regina Health Center has recieved totaling $20,000.
| Awarding Organization | Amount |
|---|---|
Lakehurst Foundation Fort Lauderdale, FL PURPOSE: LET THERE BE LIGHT CAMPAIGN | $20,000 |
Endowment Analysis
| Beg. Balance | $966,400 |
| Earnings | $53,531 |
| Ending Balance | $1,019,931 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Fidelity Health Care Inc Dayton, OH | $33,674,939 | $52,779,040 |
Leslie Knott Letcher Perry Community Action Council Hazard, KY | $32,362,791 | $43,531,770 |
Health Federation Of Philadelphia Philadelphia, PA | $18,351,110 | $41,791,030 |
Kettering Adventist Healthcare Miamisburg, OH | $34,644,151 | $37,648,740 |
University Hospitals Health System Inc Shaker Heights, OH | $17,595,534 | $31,677,804 |
National Comprehensive Cancer Network Inc Plymouth Meeting, PA | $114,912,916 | $46,211,501 |
Pike Health Services Inc Waverly, OH | $15,323,530 | $30,767,806 |
Care Resources Grand Rapids, MI | $13,057,362 | $29,643,399 |
Ahf Ohio Inc Dublin, OH | $10,028,431 | $24,918,064 |
Jefferson University Physicians Of New Jersey Pc Philadelphia, PA | $501,231 | $20,519,733 |
Samaritan Behavioral Health Inc Dayton, OH | $9,197,438 | $22,233,357 |
Service Employees International Union Harrisburg, PA | $14,538,345 | $18,771,689 |