Blanchard Valley Continuing Care Services
- Assets
- $61.9m
- Revenue
- $35.9m
- Investments
- $2.1m
- Employees
- 701
- Location
- Findlay, OH
- Founding
- 08/1963
- Data as of
- 12/2021
- EIN
- 34-6006904
Organization Overview
Blanchard Valley Continuing Care Services is located in Findlay, OH. The organization was established in 1963. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Blanchard Valley Continuing Care Services employed 701 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Blanchard Valley Continuing Care Services 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, Blanchard Valley Continuing Care Services generated $35.9m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.8%) each year. All expenses for the organization totaled $44.7m 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
PROVISION OF CONTINUING CARE THROUGH SKILLED NURSING, ASSISTED LIVING FACILITIES, POST ACUTE REHAB, PALLIATIVE CARE, AND HOME HEALTH HOSPICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BIRCHAVEN VILLAGE IN FINDLAY AND INDEPENDENCE HOUSE IN FOSTORIA, OUR SKILLED NURSING AND LONGTERM CARE FACILITIES, WORK WITH THE RESIDENTS TO CREATE A COMPREHENSIVE PLAN THAT FOCUSES ON THEIR SPECIFIC MEDICAL, SOCIAL AND SPIRITUAL GOALS. BOTH FACILITIES PROVIDE 24-HOUR MEDICAL AND CUSTODIAL CARE FOR INDIVIDUALS WITH SERIOUS ILLNESSES OR INJURIES. IN ADDITION, A MULTIDISCIPLINARY TEAM OF HEALTH CARE PROFESSIONALS PROVIDES PHYSICAL, OCCUPATIONAL AND SPEECH THERAPY AND FOCUSES ON CLINICAL SERVICES AND ACTIVITIES DESIGNED FOR MENTAL AND PHYSICAL STIMULATION. STAYS AT BIRCHAVEN VILLAGE OR INDEPENDENCE HOUSE CAN RANGE FROM SHORT-TERM (FOR REHABILITATION AFTER SURGERY) TO LONG-TERM, DEPENDING ON EACH RESIDENT'S INDIVIDUAL NEEDS. FURTHERMORE, 24-HOUR MEDICAL AND CUSTODIAL CARE IS PROVIDED FOR RESIDENTS WHO NEED LONG-TERM ASSISTANCE WITH THEIR PHYSICAL OR EMOTIONAL NEEDS. EXAMPLES OF THIS SUPPORTIVE CARE INCLUDE ASSISTANCE WITH BATHING, DRESSING AND INCONTINENCE ISSUES, AS WELL AS ATTENTION PAID TO MEDICAL NEEDS, PAIN MANAGEMENT, AND PREVENTING UNSAFE BEHAVIOR. BRIDGE HOME HEALTH AND HOSPICE ENCOMPASSES A RANGE OF OUTPATIENT AND INPATIENT POST ACUTE SERVICES INCLUDING HOSPICE, PALLIATIVE CARE, SKILLED HOME NURSING AND RELATED THERAPIES AS WELL AS PRIVATE DUTY SERVICES. -HOSPICE AND PALLIATIVE CARE ARE PROVIDED FOR PATIENTS WITH LIFE-LIMITING ILLNESSES BY A TEAM OF PROVIDERS, PROFESSIONALS AND VOLUNTEERS IN THE SETTING MOST APPROPRIATE TO MEET THE NEEDS OF THE PATIENT AND FAMILY. SERVICES ARE PRIMARILY FOCUSED ON SYMPTOM MANAGEMENT AS WELL AS MEETING EMOTIONAL, SOCIAL AND SPIRITUAL NEEDS. - SKILLED HOME CARE AND RELATED THERAPIES ARE INTERMITTENT AND PROVIDED UNDER PHYSICIAN DIRECTION IN THE HOME. SERVICES INCLUDE NURSING ASSESSMENT, MEDICATION TEACHING, WOUND CARE, IV MEDICATION ADMINISTRATION AND CHRONIC DISEASE MANAGEMENT AS WELL AS PHYSICAL, OCCUPATIONAL AND SPEECH THERAPIES. - PRIVATE DUTY SERVICES PROVIDE SUPPORT FOR CLIENTS WISHING TO REMAIN IN THE HOME SETTING. COMPANIONS AND NURSE AIDS ARE SUPERVISED BY NURSES AND ASSIST WITH ACTIVITIES OF DAILY LIVING, HOUSEHOLD CHORES, SHOPPING SERVICES AND MEDICATION REMINDERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Myron Lewis Chief Executive Officer | OfficerTrustee | 4 | $0 |
David Cytlak Chief Financial Officer | Officer | 4 | $0 |
Richard Polder MD Trustee | Trustee | 0.5 | $0 |
Barbara Pasztor VP Chief Nursing Officer | Officer | 4 | $0 |
Dr Christian Jacobus Physician | 40 | $174,808 | |
Bridget Mundy Residentail Care Director | 40 | $163,509 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Healthpro Rehabilitation Patient Therapy | 12/30/14 | $2,277,956 |
Caretech Solutions Healthcare It | 12/30/14 | $227,961 |
Financial Statements
| 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 | $138,090 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $138,090 |
| Total Program Service Revenue | $32,194,000 |
| Investment income | $1,810,374 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $40,000 |
| Net Gain/Loss on Asset Sales | $20,626 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $35,904,527 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $22,957,530 |
| Pension plan accruals and contributions | $483,570 |
| Other employee benefits | $4,672,554 |
| Payroll taxes | $1,548,064 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $431,178 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $354,472 |
| Advertising and promotion | $121,317 |
| Office expenses | $2,578,567 |
| Information technology | $709,074 |
| Royalties | $0 |
| Occupancy | $966,215 |
| Travel | $515,973 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $229,692 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,011,299 |
| Insurance | $149,253 |
| All other expenses | $1,042,755 |
| Total functional expenses | $44,731,185 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,222 |
| Savings and temporary cash investments | $24,147 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,570,215 |
| 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 | $0 |
| Net Land, buildings, and equipment | $30,328,100 |
| Investments—publicly traded securities | $24,501,347 |
| Investments—other securities | $2,081,989 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,422,651 |
| Total assets | $61,929,671 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $362,225 |
| Tax-exempt bond liabilities | $17,501,165 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $2,275,364 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,759,014 |
| Total liabilities | $26,897,768 |
| Net assets without donor restrictions | $34,915,160 |
| Net assets with donor restrictions | $116,743 |
| 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 | $61,929,671 |