OUR LADY OF VICTORY RENAISSANCE CORP

EIN: 200167745 501(c)(3)

BUFFALO, NY

Total Revenue
$3,957,201
Total Expenses
$4,314,970
Total Assets
$13,260,802
Net Assets
$5,037,925
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
NY
Principal Officer
JOYCE MARKIEWICZ
Phone
7168282974
Tax Period
2023-01-01 to 2023-12-31

OUR LADY OF VICTORY RENAISSANCE CORP, founded in 2003, is a community nonprofit that reported $4.0M in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year.

Mission

THE MISSION OF OUL LADY OF VICTORY, AS PART OF THE CATHOLIC HEALTH SYSTEM (CHS) IN WESTERN NEW YORK, IS TO PROVIDE QUALITY HEALTHCARE SERVICES IN A LONG TERM CARE SETTING. COMMITTED TO A COMMON MISSION, THE PROVIDERS OF OUR LADY OF VICTORY CONTINUE THE HEALING MINISTRY OF JESUS, SEEKING TO IMPROVE THE HEALTH OF INDIVIDUALS AND COMMUNITIES. WE PROVIDE HIGH QUALITY SERVICE THAT HAS REVERENCE, COMPASSION, JUSTICE, AND EXCELLENCE. THE 2023 COMMUNITY SERVICE PLAN CAN BE FOUND AT HTTPS://WWW.CHSBUFFALO.ORG/ABOUT-US/COMMUNITY

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $6,590
Program Service Revenue $3,898,718
Investment Income $0
Other Revenue $51,893
TOTAL REVENUE $3,957,201

Expense Breakdown

Grants Paid $0
Salaries & Benefits $296,594
Fundraising Expenses $0
Program Expenses $4,248,880
Other Expenses $4,018,376
TOTAL EXPENSES $4,314,970

Year-over-Year Comparison

2023 2022 Change
Revenue $3,957,201 $4,446,971 -0.1%
Expenses $4,314,970 $4,354,177 0.0%
Net Income $-357,769 $92,794 -4.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
1
Employees
N/A
Volunteers
2

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
10
$7,385,358
Total Directors
5
$2,373,215
Key Employees
3
$1,508,256
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MARK SULLIVAN PRESIDENT & CEO 0.00
Officer Director
$0 $104,188 $1,740,064
THOMAS GLEASON PRESIDENT & CEO OF HCBC 0.00
Officer Director
$0 $53,293 $362,145
DAVID VITKA DIRECTOR 0.00
Director
$0 $60,520 $271,006
JAMES BIDDLE SR DIRECTOR 0.00
Director
$0 $0 $0
MONSIGNOR ROBERT E ZAPFEL DIRECTOR 0.00
Director
$0 $0 $0
JOYCE MARKIEWICZ CHIEF BUSINESS DEVELOPMENT OFFICER,PRESIDENT & CEO 0.00
Officer
$0 $81,890 $1,168,362
DAVID MACHOLZ CHIEF FINANCE OFFICER 0.00
Officer
$0 $80,342 $752,385
DR MICHAEL GALANG SENIOR VP, CHIEF INFORMATION OFFICER 0.00
Officer
$0 $72,873 $586,616
HANS CASSAGNOL EXECUTIVE VP, CHIEF PHYSICIAN OFFICER 0.00
Officer
$0 $62,247 $718,041
WILLIAM PRYOR EXECUTIVE VP, CHIEF ADMIN. OFFICER 0.00
Officer
$0 $68,469 $592,564
BARTHOLOMEW RODRIGUES CHIEF MISSION OFFICER 0.00
Officer
$0 $62,942 $340,300
JAMES M GARVEY EXECUTIVE VP, CHIEF OPERATING OFFICER 0.00
Officer
$0 $66,683 $840,358
REBECCA MCCORMICK BOYLE CHIEF INTEGRATION OFFICER 0.00
Officer
$0 $27,612 $284,523
LEONARDO SETTE-CAMARA GENERAL COUNSEL - SECRETARY 0.00
Key Emp
$0 $46,568 $387,036
LISA CILANO SENIOR VP, RMC & BUSINESS ADVISORY 0.00
Key Emp
$0 $114,286 $467,152
MARTIN BORYSZAK SENIOR VP OF ACUTE CARE & PRESIDENT OF MHB 0.00
Key Emp
$0 $56,537 $654,068
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $3,957,201 $4,314,970 $13,260,802 $-357,769
2022 $4,446,971 $4,354,177 $13,223,512 $92,794
2021 $5,834,758 $4,359,382 $13,654,205 $1,475,376
2020 $5,671,961 $4,379,082 $12,786,574 $1,292,879
2019 $5,392,351 $4,358,977 $13,042,832 $1,033,374
2018 $5,204,783 $4,183,226 $14,962,456 $1,021,557
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