MCV HEALTH CARE FACILITIES INC

EIN: 311257250 501(c)(3) Health Care

CINCINNATI, OH

Total Revenue
$23,179,245
Total Expenses
$19,908,863
Total Assets
$28,252,302
Net Assets
$15,933,012
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1988
Legal Domicile
OH
Principal Officer
LARRY MONROE
Phone
5139315000
Tax Period
2023-01-01 to 2023-12-31

MCV HEALTH CARE FACILITIES INC, founded in 1988, is a mid-sized nonprofit in the Health Care sector that reported $23.2M in total revenue in fiscal year 2023. Revenue grew 19% year-over-year, indicating healthy expansion. Expenses of $19.9M left a modest 14% surplus.

Mission

FOUNDED IN 1988, MCV HEALTH CARE FACILITIES IS A NOT-FOR-PROFIT PROVIDER OF RETIREMENT SERVICES, OFFERING A VARIETY OF LIVING STYLES, FROM RESIDENTIAL LIVING APARTMENTS, ASSISTED LIVING AND SKILLED NURSING CARE. THE ORGANIZATION'S MISSION IS TO PROVIDE SECURE, QUALITY LIVING IN A CHRISTIAN ENVIRONMENT, DIRECTED ESPECIALLY TO PERSONS IN THEIR RETIREMENT YEARS. MCV HEALTH CARE FACILITIES' MINISTRY SERVES OVER 150 OLDER ADULTS. OUR SERVICES ARE DEDICATED TO THE ENHANCEMENT OF THE SPIRITUAL, PHYSICAL, SOCIAL, CULTURAL AND EMOTIONAL WELL-BEING OF EACH RESIDENT IN AN ENVIRONMENT THAT RECOGNIZES AND PROMOTES PERSONAL DIGNITY.

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Sign In — Free (10 views/day)

Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $2,636,786
Program Service Revenue $20,355,555
Investment Income $186,904
Other Revenue $0
TOTAL REVENUE $23,179,245

Expense Breakdown

Grants Paid $127,926
Salaries & Benefits $11,199,442
Fundraising Expenses $0
Program Expenses $16,834,713
Other Expenses $8,581,495
TOTAL EXPENSES $19,908,863

Year-over-Year Comparison

2023 2022 Change
Revenue $23,179,245 $19,493,329 +0.2%
Expenses $19,908,863 $17,932,082 +0.1%
Net Income $3,270,382 $1,561,247 +1.1%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Sign In

Governance

Voting Members
3
Independent Members
3
Employees
371
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
4
$525,617
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
HARRY SNYDER CHAIR 1.00
Officer Director
$0 $0 $0
DAVID ENGEL SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
DAVE LIPPERT VICE CHAIR 1.00
Director
$0 $0 $0
LARRY MONROE CEO/PRESIDENT 5.00
Officer
$0 $21,218 $307,865
VICKIE BRASHEAR CFO 14.00
Officer
$0 $15,995 $217,752
ROBERT SLADE VICE PRESIDENT OF OPERATIO 25.00
Highest
$163,112 $19,355 $182,467
SUSAN JABLONSKI MYERS VP OF HEALTH SERVICES 32.00
Highest
$125,679 $18,625 $144,304
ANDREA HARRISON DIRECTOR OF NURSING 40.00
Highest
$119,670 $12,345 $132,015
LIZZ STEPHENS VP MARKETING/BUSINESS STRA 10.00
Highest
$108,840 $27,147 $135,987
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 $23,179,245 $19,908,863 $28,252,302 $3,270,382
2022 $19,493,329 $17,932,082 $24,621,947 $1,561,247
2021 $19,035,852 $17,125,638 $23,364,153 $1,910,214
2020 $20,082,008 $17,020,532 $21,105,151 $3,061,476
2019 $16,224,408 $16,076,692 $18,524,227 $147,716
2018 $15,411,663 $15,559,854 $19,320,008 $-148,191
Explore More Nonprofits
Top 100 Nonprofits in Ohio Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare MCV HEALTH CARE FACILITIES INC with other nonprofits in Ohio and across the country.