Ascension Living Via Christi Village Ridge

Organization Overview

Ascension Living Via Christi Village Ridge, operating under the name See Schedule O, is located in St Louis, MO. The organization was established in 1946. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 06/2021, See Schedule O employed 310 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. See Schedule O 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 06/2021, See Schedule O generated $11.5m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (2.1%) each year. All expenses for the organization totaled $13.0m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE QUALITY RESIDENTIAL RETIREMENT LIVING THAT PROMOTES GENERAL HEALTH OF THEIR RESIDENTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

CORNERSTONE ASSISTED LIVING, INC. (CAL), INSPIRED BY THE HEALING MISSION OF THE CATHOLIC CHURCH TO THE ELDERLY, MAXIMIZES DIGNITY AND INDEPENDENCE OF THE RESIDENTS THEY SERVE. ROOTED IN THE CATHOLIC TRADITION OF CARING, AS A CORPORATE MEMBER OF ASCENSION LIVING, OUR COMMUNITY IS CONTINUALLY DEVELOPING AND ADOPTING NEW BEST PRACTICES IN CARE THAT ENHANCE THE EXPERIENCE OF OUR RESIDENTS, PROGRAM PARTICIPANTS AND PATIENTS. THE STAFF IS COMMITTED TO PROMOTING THE WELL-BEING OF THOSE WE SERVE THROUGH THE DELIVERY OF QUALITY CARE. CAL INCLUDES A SKILLED NURSING FACILITY (SNF) AND TWO CAMPUSES THAT PROVIDE ASSISTED LIVING (AL) AND MEMORY CARE (MC). THE RIDGE CAMPUS INCLUDES A SNF WITH 80 BEDS AND AN ASSISTED LIVING (AL) WITH 61 BEDS.. IN 2021, THE SNF HAD AN AVERAGE OCCUPANCY OF 56 OR 70.1% AND THE ASSISTED LIVING HAD AN AVERAGE OCCUPANCY OF 50 OR 82.3%. IN FY2021, 7,100 DAYS OF CARE WERE PROVIDED TO MEDICAID RECIPENTS AND 5,100 DAYS WERE PROVIDED TO MEDICARE RECIPIENTS. THE BROADMOOR CAMPUS WAS CONVERTED FROM AN ASSISTED LIVING TO MEMORY CARE IN 2020. THE BROADMOOR CAMPUS CONSISTS OF 37 BEDS WITH AN AVERAGE MEMORY CARE OCCUPANY OF 29 OR 77.4% IN 2021. CAL SERVES PEOPLE IN THE WICHITA AREA AND SURROUNDING COUNTIES WHICH INCLUDE SEDGWICK, RENO, KINGMAN AND HARVEY. AS A CHARITABLE ORGANIZATION, IT IS RECOGNIZED THAT NOT ALL PERSONS SERVED POSSESS THE ABILITY TO PURCHASE ESSENTIAL SERVICES. FOR MEDICIAD RESIDENTS, CAL WAS REIMBUSED APPROXIMATELY $1,034,435 LESS THAN OUR COSTS. IN FY2021, TOTAL CARE OF THE POOR PROVIDED WAS $19,057. AS PART OF THE ASCENSION CATHOLIC HEALTH MINISTRY, THE FILING ORGANIZATION SERVED IN SUPPORT OF ASCENSION'S COMMITMENT TO BOTH CARE FOR PATIENTS AND COMMUNITIES AND SUPPORT CAREGIVERS AND OTHER ASSOCIATES THROUGH THE CHALLENGES OF THE COVID-19 GLOBAL PANDEMIC IN FY21.


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Board, Officers & Key Employees

Name (title)Compensation
Name Not Listed
Former Officer (end 6/2019)
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Genesis Eldercare Rehab
Therapy Services
$438,953
Genesis Rehab Services
Therapy Services
$179,497
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $403,018
All other contributions, gifts, grants, and similar amounts not included above$585
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$403,603
Total Program Service Revenue$11,094,192
Investment income $388
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$52,994
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $11,492,852

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