Ave Maria Home

Organization Overview

Ave Maria Home is located in Memphis, TN. The organization was established in 1985. 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 06/2022, Ave Maria Home employed 400 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ave Maria Home 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, Ave Maria Home generated $20.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.2% each year. All expenses for the organization totaled $20.6m during the year ending 06/2022. While expenses have increased by 6.1% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

TO ASSIST THE AGED, SICK, AND DESTITUTE THROUGH: IMPROVING THE MORAL, SOCIAL, AND SPIRITUAL CONDITIONS OF ITS BENEFICIARIES; CONTINUING THE STEWARDSHIP OF HUMAN, PHYSICAL, AND FINANCIAL RESOURCES IN CONJUNCTION WITH THE CATHOLIC COMMUNITY; FACILITATING VISITATION BY FAMILY, FRIENDS, AND MEMBERS OF THE COMMUNITY; AND PROVIDING A COMMITMENT TO LONG-TERM AND REHABILITATIVE CARE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NURSING HOME - PROVIDE TWENTY-FOUR HOUR INTERMEDIATE NURSING CARE FOR LEVEL ONE RESIDENTS.


ADULT DAY CARE - OPERATION OF A SOCIAL MODEL TO PROVIDE STRUCTURED SOCIALIZATION FOR THE FRAIL AND ELDERLY.ALZHEIMERS/DEMENTIA CARE - PROGRAM IS DESIGNED TO PROMOTE FAMILIAR SCHEDULES AND SURROUNDINGS WHILE PROVIDING PERSONAL ASSISTANCE WITH DAILY ACTIVITIES.


ASSISTED LIVING - PROVIDE TWENTY-FOUR HOUR LIMITED CARE BASED ON THE RESIDENT'S NEED FOR ASSISTANCE.


OUTPATIENT THERAPY - IN 2021, AVE MARIA HOME EXPANDED SERVICES TO INCLUDE OUTPATIENT THERAPY TO CLIENTS RESIDING AT LOCAL INDEPENDENT AND ASSISTED LIVING COMMUNITIES. AVE MARIA HOME HAS ASSEMBLED A HIGHLY SKILLED TEAM OF THERAPISTS WHO PROVIDE OUTPATIENT THERAPY SERVICES AND A VARIETY OF WELLNESS PROGRAMS TO THESE CLIENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Anna Vescovo
President
$0
Michael Robilio
Vice President
$0
Mary Webb
Secretary
$0
John L Schifani
Treasurer
$0
Libby Buring
Director
$0
Ford Canale
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Certified Medical Staffing Llc
Staffing Agency
$823,099
Elite Medical Staffing
Staffing Agency
$616,005
Prime Time Healthcare
Staffing Agency
$422,588
Guardian Midsouth Pharmacy
Contract Pharmacy
$310,921
Real Nurses Llc
Staffing Agency
$147,016
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $2,796,411
All other contributions, gifts, grants, and similar amounts not included above$3,404
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,799,815
Total Program Service Revenue$17,374,518
Investment income $0
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $109,840
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $20,284,173

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