Olmsted Township, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Olmsted Residence Corporation, founded in 1987, is a community nonprofit in the Human Services sector that reported $9.4M in total revenue in fiscal year 2024. The organization ran a surplus of $5.2M, a strong 55% operating margin.
Olmsted Residence Corp is an Eliza Jennings Independent Living community with 176 apartments and villas for older adults. This community offers a myriad of inclusive amenities and services including fine dining, maintenance, and housekeeping.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $9,426,605 | $8,905,780 | +0.1% |
| Expenses | $4,258,150 | $4,352,283 | 0.0% |
| Net Income | $5,168,455 | $4,553,497 | +0.1% |
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 M Boyson Jr | President & CEO | 0.00 |
Officer
Director
|
$0 | $49,757 | $431,435 |
| Kathleen M Shields | CFO | 0.00 |
Officer
|
$0 | $20,602 | $237,319 |
| Jennifer Griveas | VP of Legal | 0.00 |
Officer
|
$0 | $30,167 | $227,318 |
| Michael Gray | CIO | 0.00 |
Officer
|
$0 | $8,486 | $137,322 |
| Kimberly Hernandez | VP of HR | 0.00 |
Officer
|
$0 | $1,154 | $109,776 |
| Richard L Fletcher | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Alayne J Fodor | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Richard L Fox | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Glenn S Krassen | Secretary | 0.00 |
Director
|
$0 | $0 | $0 |
| Margaret Hartney | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| James Rogerson | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Patricia M Scanlon | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Sheryl L Sereda | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Terrie Shrock | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| John P Stoner | 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 | Chair | 0.00 |
Director
|
$0 | $0 | $0 |
| Hilton Young | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $9,426,605 | $4,258,150 | $13,978,277 | $5,168,455 |
| 2024 | No data | No data | No data | No data |
| 2023 | $8,386,739 | $4,193,572 | $13,937,996 | $4,193,167 |
| 2022 | $8,037,578 | $2,958,927 | $14,665,008 | $5,078,651 |
| 2021 | $7,691,504 | $2,712,454 | $15,115,245 | $4,979,050 |
| 2020 | $7,993,816 | $2,939,072 | $12,045,097 | $5,054,744 |
| 2019 | $8,246,775 | $3,349,376 | $11,245,134 | $4,897,399 |
| 2018 | $7,612,385 | $3,332,666 | $124,600,369 | $4,279,719 |
Compare Olmsted Residence Corporation with other nonprofits in Ohio and across the country.