OHIO LIVING FOUNDATION

EIN: 311166164 501(c)(3) Human Services

WESTERVILLE, OH

Total Revenue
$8,832,703
Total Expenses
$2,096,017
Total Assets
$83,637,252
Net Assets
$82,293,809
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Financial Trends

Organization Details

Formation Year
1986
Legal Domicile
OH
Principal Officer
LAURENCE C GUMINA
Phone
6148887800
Tax Period
2024-07-01 to 2025-06-30

OHIO LIVING FOUNDATION, founded in 1986, is a community nonprofit in the Human Services sector that reported $8.8M in total revenue in fiscal year 2024. Revenue surged 30% from the prior year, signaling strong growth momentum. The organization ran a surplus of $6.7M, a strong 76% operating margin.

Mission

OHIO LIVING FOUNDATION'S MISSION IS TO PARTNER WITH DONORS TO PROVIDE CHARITABLE SUPPORT FOR THE PEOPLE, PROJECTS AND PROGRAMS OF OHIO LIVING.

Program Service Accomplishments

Program 1

THE OHIO LIVING FOUNDATION FULFILLS THE FUNDRAISING AND INVESTMENT RESPONSIBILITIES OF OHIO LIVING COMMUNITIES AND OHIO LIVING HOLDINGS.THE FOUNDATION SERVED:OHIO LIVING BRECKENRIDGE VILLAGEOHIO...

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THE OHIO LIVING FOUNDATION FULFILLS THE FUNDRAISING AND INVESTMENT RESPONSIBILITIES OF OHIO LIVING COMMUNITIES AND OHIO LIVING HOLDINGS.THE FOUNDATION SERVED:OHIO LIVING BRECKENRIDGE VILLAGEOHIO LIVING CAPE MAYOHIO LIVING DOROTHY LOVEOHIO LIVING LAKE VISTAOHIO LIVING LLANFAIROHIO LIVING MOUNT PLEASANTOHIO LIVING ROCKYNOLOHIO LIVING SWAN CREEKOHIO LIVING WESTMINSTER-THURBEROHIO LIVING HOLDINGS (7 REGIONAL SITES)OHIO LIVING SARAH MOOREOHIO LIVING QUAKER HEIGHTSLIFE CARE COMMITMENT:THE GOAL IS TO ASSURE OHIO LIVING COMMUNITIES RESIDENTS THAT THEY WILL ALWAYS HAVE A HOME IN OUR COMMUNITIES EVEN IF, IN GOOD FAITH, THEY EXHAUST THEIR PERSONAL FUNDS.HOME HEALTH & HOSPICE:THE GOAL IS TO HELP OLDER ADULTS REMAIN INDEPENDENT. GIFT SUPPORT PROVIDES ASSISTANCE FOR A VARIETY OF COMMUNITY BASED SERVICES, INCLUDING HOME HEALTH CARE, PERSONAL CARE AND HOSPICE.SPIRITUAL LIFE:THE GOAL IS TO ENHANCE THE SPIRITUAL LIVES OF OUR RESIDENTS. MOST OF OUR CAMPUSES HAVE CHAPLAINS ON STAFF AND MOST COMMUNITIES HAVE THEIR OWN CHAPEL. GIFT SUPPORT HELPS PROVIDE PROGRAMS FOR RESIDENTS AND FAMILIES AS WELL AS TRAINING FOR STAFF.REHABILITATION:THE GOAL IS TO HELP PATIENTS RECOVER FROM INJURY OR ILLNESS SO THEY CAN REGAIN THEIR INDEPENDENCE AND CONTINUE TO LIVE LIFE TO THE FULLEST. GIFT SUPPORT PROVIDES ASSISTANCE FOR A VARIETY OF SERVICES, INCLUDING NEW EQUIPMENT, ENHANCED TECHNOLOGY, PHYSICAL IMPROVEMENTS, AND ADDITIONAL STAFF TRAINING.CAPITAL SUPPORT:THIS INCLUDES ONGOING RENOVATIONS OF CURRENT FACILITIES AND THE DEVELOPMENT OF SPECIAL USE SPACE. THE FOUNDATION HELPS MEET OHIO LIVING COMMUNITIES LARGER CAPITAL NEEDS THROUGH CAMPAIGNS THAT SUPPORT SPECIFIC PROJECTS.ENDOWMENT SUPPORT:MANY DONORS WANT TO ENSURE THAT THE PROGRAMS THEY SUPPORT NOW WILL BE AVAILABLE FOR OLDER ADULTS IN THE YEARS TO COME. ENDOWMENT FUNDS ARE PERMANENTLY INVESTED TO PROVIDE INCOME FOR THE LONG TERM BENEFIT OF OHIO LIVING. ONLY THE INCOME FROM AN ENDOWMENT FUND CAN BE USED, LEAVING THE PRINCIPAL PRESERVED TO PERMANENTLY SUPPORT THE DONOR'S SELECTED PURPOSE.

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $5,838,196
Program Service Revenue $0
Investment Income $2,994,507
Other Revenue $0
TOTAL REVENUE $8,832,703

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,472,477
Fundraising Expenses $1,351,219
Other Expenses $623,540
TOTAL EXPENSES $2,096,017

Year-over-Year Comparison

2024 2023 Change
Revenue $8,832,703 $6,799,844 +0.3%
Expenses $2,096,017 $2,779,343 -0.2%
Net Income $6,736,686 $4,020,501 +0.7%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
10
Employees
N/A
Volunteers
10

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
6
$1,203,733
Total Directors
12
$822,432
Key Employees
3
$1,047,401
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
LAURENCE C GUMINA CHIEF EXECUTIVE OFFICER 2.00
Officer Director
$0 $69,166 $717,013
BARBARA LYONS DIRECTOR/CHIEF DEVELOPMENT OFFICER 40.00
Director
$0 $0 $105,419
RICHARD FRENCHIE DIRECTOR/CHAIR 2.00
Officer Director
$0 $0 $0
MARY ANN JACOBS DIRECTOR/ASSISTANT SECRETARY 2.00
Officer Director
$0 $0 $0
BERNARD WRIGHT JR DIRECTOR/ASSISTANT TREASURER 2.00
Officer Director
$0 $0 $0
EMY TRENDE DIRECTOR/VICE CHAIR 2.00
Officer Director
$0 $0 $0
DOROTHY BLOM DIRECTOR 2.00
Director
$0 $0 $0
BONNIE QUIST DIRECTOR 2.00
Director
$0 $0 $0
ALICE FRAZIER DIRECTOR 2.00
Director
$0 $0 $0
KIM HAYMES DIRECTOR 2.00
Director
$0 $0 $0
MARGARET HOFF DIRECTOR 2.00
Director
$0 $0 $0
CHRISTINE WHITE DIRECTOR 2.00
Director
$0 $0 $0
ROBERT STILLMAN CFO/TREASURER 3.00
Officer
$0 $39,747 $486,720
DAVID DE SIMONE CHIEF COUNSEL & COMPLIANCE 1.00
Key Emp
$0 $49,606 $393,061
DANA ULLOM-VUCELICH CHIEF HR OFFICER 1.00
Key Emp
$0 $44,134 $375,475
MICHAELLA REES CHIEF BRAND/GROWTH OFFICER 2.00
Key Emp
$0 $20,441 $278,865
JENNIFER HOWELL CORP EXEC OF EMP RELATIONS 1.00
Highest
$0 $19,134 $172,099
MATTHEW CHEUVRONT CORP EXEC OF INFORMATION TECH 1.00
Highest
$0 $441 $156,115
ELIZABETH CONLEY CORP EXEC OF GIFT PLANNING 40.00
Highest
$0 $9,109 $150,682
DARCI MOSSBARGER CORP EXEC OF COMP/BENEFITS 1.00
Highest
$0 $9,138 $148,746
ELIZABETH BONFIELD DIRECTOR OF PLANNED GIVING 40.00
Highest
$0 $315 $106,214
DANIEL GINIS CHIEF FND OFFICER: THROUGH 03/2024 40.00
$0 $2,051 $122,645
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
2025 $8,832,703 $2,096,017 $83,637,252 $6,736,686
2024 No data No data No data No data
2023 $5,808,316 $2,184,899 $87,308,784 $3,623,417
2022 $7,782,956 $2,516,478 $83,000,724 $5,266,478
2021 $6,381,940 $1,918,760 $93,570,662 $4,463,180
2020 $6,050,770 $1,743,791 $79,205,136 $4,306,979
2019 $6,667,139 $2,322,497 $85,505,224 $4,344,642
2018 $8,148,091 $2,989,616 $83,870,505 $5,158,475
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