Olmsted Township, OH
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Olmsted Assisted Living Corporation, founded in 1996, is a community nonprofit in the Human Services sector that reported $2.6M in total revenue in fiscal year 2022. Revenue surged 77% from the prior year, signaling strong growth momentum. The organization ran a surplus of $1.0M, a strong 39% operating margin.
Olmsted Assisted Living is an assisted living community for individuals requiring assistance with activities and the requirements of daily living.
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 | $2,631,426 | $1,490,339 | +0.8% |
| Expenses | $1,602,775 | $615,403 | +1.6% |
| Net Income | $1,028,651 | $874,936 | +0.2% |
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 | $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 |
| 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 Rogerson | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Patricia M Scanlon | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Terrie Tenk Shrock | Trustee | 0.00 |
Director
|
$0 | $0 | $0 |
| Allen R Tracy | Treasurer | 0.00 |
Director
|
$0 | $0 | $0 |
| Rick J Weigle | 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 | No data | No data | No data | No data |
| 2024 | No data | No data | No data | No data |
| 2023 | $2,631,426 | $1,602,775 | $12,042,036 | $1,028,651 |
| 2022 | $1,490,339 | $615,403 | $10,832,477 | $874,936 |
| 2021 | $1,722,041 | $638,599 | $2,378,285 | $1,083,442 |
| 2020 | $1,571,837 | $621,403 | $1,087,780 | $950,434 |
| 2019 | $1,507,207 | $597,058 | $1,065,507 | $910,149 |
| 2018 | $1,515,600 | $625,864 | $23,970,629 | $889,736 |
Compare Olmsted Assisted Living Corporation with other nonprofits in Ohio and across the country.