GENESIS HEALTHCARE SYSTEM GROUP RETURN

EIN: 311773259 501(c)(3) Health Care

ZANESVILLE, OH

Total Revenue
$2,874,071
Total Expenses
$3,034,547
Total Assets
$74,214,431
Net Assets
$74,190,633
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Legal Domicile
OH
Principal Officer
MATTHEW PERRY
Phone
7404545000
Tax Period
2023-01-01 to 2023-12-31

GENESIS HEALTHCARE SYSTEM GROUP RETURN is a community nonprofit in the Health Care sector that reported $2.9M in total revenue in fiscal year 2023. Revenue decreased 11% compared to the prior year. Net assets of $74.2M represent 310 months of operating reserves.

Mission

TO PROMOTE CHARITABLE SUPPORT FOR GENESIS HEALTHCARE SYSTEM AS WE SHARE ITS MISSION TO PROVIDE COMPASSIONATE, QUALITY HEALTHCARE.

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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 $1,054,933
Program Service Revenue $0
Investment Income $1,500,993
Other Revenue $318,145
TOTAL REVENUE $2,874,071

Expense Breakdown

Grants Paid $23,000
Salaries & Benefits $349,975
Fundraising Expenses $416
Program Expenses $2,218,443
Other Expenses $2,661,572
TOTAL EXPENSES $3,034,547

Year-over-Year Comparison

2023 2022 Change
Revenue $2,874,071 $3,238,277 -0.1%
Expenses $3,034,547 $7,518,577 -0.6%
Net Income $-160,476 $-4,280,300 -1.0%
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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
11
Employees
3
Volunteers
345

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
$1,517,506
Total Directors
13
$0
Key Employees
1
$159,874
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JOHN ZIMMERMAN MD BOARD CHAIR 0.80
Officer Director
$0 $0 $0
THOMAS RUGGLES MD BOARD MEMBER 0.80
Director
$0 $0 $0
SR MAUREEN ANNE SHEPARD BOARD MEMBER 0.80
Director
$0 $0 $0
HANNA LUBURGH-AGIN BOARD MEMBER 0.80
Director
$0 $0 $0
RYAN DODSON BOARD MEMBER 0.80
Director
$0 $0 $0
CHERYL DREIER BOARD MEMBER 0.80
Director
$0 $0 $0
ERIC HOLSKY TREASURER 0.80
Officer Director
$0 $0 $0
DEBBIE KESSLER BOARD MEMBER 0.80
Director
$0 $0 $0
PAUL MASTERSON BOARD MEMBER 0.80
Director
$0 $0 $0
MEGAN MCLAIN-DURST BOARD MEMBER 0.80
Director
$0 $0 $0
ASHLEY MOYER SECRETARY 0.80
Officer Director
$0 $0 $0
JODY SPENCER VICE CHAIR 0.80
Officer Director
$0 $0 $0
SCOTT WEBB BOARD MEMBER 0.80
Director
$0 $0 $0
MATTHEW PERRY PRESIDENT/CEO 0.80
Officer
$0 $41,913 $924,588
MICHAEL NORMAN CHIEF FINANCIAL OFFICER 0.80
Officer
$0 $42,443 $592,918
JERRY NOLDER EXECUTIVE DIRECTOR 0.80
Key Emp
$0 $8,873 $159,874
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 $2,874,071 $3,034,547 $74,214,431 $-160,476
2022 $3,238,277 $7,518,577 $66,448,793 $-4,280,300
2021 $5,054,148 $1,347,386 $82,445,266 $3,706,762
2020 $3,949,634 $1,356,614 $69,377,986 $2,593,020
2019 $2,566,246 $1,302,195 $61,164,177 $1,264,051
2018 $2,098,449 $1,022,915 $55,153,958 $1,075,534
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