Olmsted Township, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Eliza Jennings Inc, founded in 1988, is a community nonprofit in the Health Care sector that reported $4.5M in total revenue in fiscal year 2022. Expenses of $8.7M exceeded revenue, resulting in a 92% operating deficit.
We affirm the dignity and individual worth of older adults and their right to attain the highest possible quality of life. We strive to nurture and sustain their physical,emotional,intellectual,social and spiritual health. We are committed to having a community in which every member is equally respected, valued and empowered.
Eliza Jennings, Inc., dba The Renaissance, a member of the Eliza Jennings Senior Care Network, is a provider of residential and community-based aging services, and provides management and...
Eliza Jennings, Inc., dba The Renaissance, a member of the Eliza Jennings Senior Care Network, is a provider of residential and community-based aging services, and provides management and administrative assistance to support the operations of: Olmsted Residence Corp. dba The Renaissance, an independent living community with 176 villas and apartments; Olmsted Assisted Living Corp. dba Carol B. Hall Center for Assisted Living, an assisted living community with 48 apartments; and Olmsted Health & Services dba The Renaissance Health Center, a 90-bed skilled nursing and rehabilitation center. A new state-of-the-art assisted living community offering 48 apartments, the Absolute Center for Assisted Living, opened in November 2022.Care services within the Renaissance continuum include access to a physician and nurse 24/7; medication management provided by in-house clinical staff; transportation to hospital and physician appointments and community events; physical, occupational and speech therapy; memory support care; respite care; state-of-the art fitness and aquatic center with heated saltwater pool; world-class dining services; beauty and barber services; pharmaceutical services; and housekeeping and laundry services. Other communities under the Eliza Jennings Senior Care Network include Devon Oaks Assisted Living, Northeast Ohio Home Care, Acacia Place Adult Day Center, Olmsted Residence Corporation, Olmsted Health & Services, Olmsted Assisted Living, and the flagship community Eliza Jennings Home.Eliza Jennings is committed to offering compassionate care and support to individuals and their families who are facing advanced illness and end-of-life care decisions. The Eliza Jennings Senior Care Network offers hospice services though Northeast Ohio Hospice, which is geared to providing choices that sustain dignity and autonomy, while enhancing comfort and quality of life during this difficult time.As a nationally recognized innovator and expert in aging services, Eliza Jennings offers a full spectrum of memory support programming and services to older adults with Alzheimers disease and other dementias throughout its residential communities and adult day program.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2022 | 2021 | Change | |
|---|---|---|---|
| Revenue | $4,511,403 | N/A | N/A |
| Expenses | $8,651,469 | N/A | N/A |
| Net Income | $-4,140,066 | N/A | N/A |
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
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| Richard Boyson Jr | President & CEO | 0.00 |
Officer
Director
|
$0 | $42,466 | $369,495 |
| Kathleen M Shields | CFO | 0.00 |
Officer
|
$0 | $4,385 | $205,119 |
| Jennifer Griveas | VP of Legal | 0.00 |
Officer
|
$0 | $7,281 | $167,378 |
| Sheryl Sereda | CAO | 0.00 |
|
$0 | $7,218 | $158,366 |
| Diane Banning | Sales Consultant | 40.00 |
|
$140,600 | $5,566 | $146,166 |
| Michael Gray | CIO | 0.00 |
Officer
|
$0 | $1,631 | $132,605 |
| Richard L Fletcher | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Alayne J Fodor | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Glenn S Krassen | Secretary | 0.00 |
Director
|
$0 | $0 | $0 |
| Brendan Lawlor | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Michelle R Messina | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Richard L Fox | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| James W Rogerson | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Patricia M Scanlon | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Terrie Shrock | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Allen R Tracy | Treasurer | 0.00 |
Director
|
$0 | $0 | $0 |
| Rick Weigle Jr | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Margaret G Weitzel | Chairman | 0.00 |
Director
|
$0 | $0 | $0 |
| Hilton Young | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $4,511,403 | $8,651,469 | $14,358,350 | $-4,140,066 |
| 2022 | $3,397,358 | $8,247,840 | $18,445,679 | $-4,850,482 |
| 2021 | $7,722,194 | $7,888,451 | $25,498,410 | $-166,257 |
| 2020 | $3,272,282 | $7,452,296 | $16,622,729 | $-4,180,014 |
| 2019 | $59,606,537 | $7,386,370 | $17,297,428 | $52,220,167 |
| 2018 | $2,828,203 | $7,439,829 | $254,470,256 | $-4,611,626 |
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