OHIO LIVING COMMUNITIES (EIN 344429863) - Form 990 Financial Analysis & Trantor Score

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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year

1959

Legal Domicile

Principal Officer

LAURENCE C GUMINA

Phone

6148887800

Tax Period

2024-07-01 to 2025-06-30

OHIO LIVING COMMUNITIES, founded in 1959, is a major nonprofit in the Human Services sector that reported $148.2M in total revenue in fiscal year 2024.

Mission

TO PROVIDE OLDER ADULTS WITH CARING AND QUALITY SERVICES TOWARD THE ENHANCEMENT OF PHYSICAL, MENTAL AND SPIRITUAL WELL BEING CONSISTENT WITH THE CHRISTIAN GOSPEL.

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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%)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $669,591

Program Service Revenue $143,318,174

Investment Income $2,133,750

Other Revenue $2,093,516

TOTAL REVENUE $148,215,031

Expense Breakdown

Grants Paid $0

Salaries & Benefits $58,392,692

Fundraising Expenses $0

Program Expenses $127,287,671

Other Expenses $86,162,901

TOTAL EXPENSES $144,555,593

Year-over-Year Comparison

	2024	2023	Change
Revenue	$148,215,031	$139,366,395	+0.1%
Expenses	$144,555,593	$143,226,671	+0.0%
Net Income	$3,659,438	$-3,860,276	-1.9%

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

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

Governance

Voting Members

Independent Members

Employees

N/A

Volunteers

366

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

$1,579,208

Total Directors

$1,037,823

Key Employees

$1,055,652

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
LAURENCE C GUMINA	CHIEF EXECUTIVE OFFICER	21.00	Officer Director	$0	$69,166	$717,013
LESLIE BELFANCE	COO OF COMMUNITIES	32.00	Director	$0	$29,166	$320,810
SANDY ADAM	DIRECTOR/CHAIR	2.00	Officer Director	$0	$0	$0
JAMES JOYCE	DIRECTOR/ASSISTANT SECRETARY	2.00	Officer Director	$0	$0	$0
TERRY WHITE	DIRECTOR/ASSISTANT TREASURER	2.00	Officer Director	$0	$0	$0
MELISSA INGWERSEN	DIRECTOR/VICE CHAIR	2.00	Officer Director	$0	$0	$0
ROBERT B STILLMAN	CFO/TREASURER	21.00	Officer	$0	$39,747	$486,720
DANA ULLOM-VUCELICH	CHIEF HR OFFICER/SECRETARY	26.00	Officer	$0	$44,134	$375,475
DAVID DE SIMONE	CHIEF COUNSEL & COMPLIANCE	26.00	Key Emp	$0	$49,606	$393,061
MICHAELLA REES	CHIEF BRAND/GROWTH OFFICER	23.00	Key Emp	$0	$20,441	$278,865
STANLEY KAPPERS	EXEC DIRECTOR-MT PLEASANT	40.00	Key Emp	$0	$9,166	$214,966
KARA HANZIE	EXEC DIRECTOR-BRECKENRIDGE	40.00	Key Emp	$0	$441	$168,760
WILLIAM RENNER	CORP EXEC OF OP PLANNING/ANALYSIS	27.00	Highest	$0	$26,406	$198,859
ANN BEEMAN	EXEC DIRECTOR-DOROTHY LOVE	40.00	Highest	$0	$16,640	$195,779
MICHAEL GRIMES	DIV DIRECTOR CLINICAL OPERATIONS	32.00	Highest	$0	$16,828	$184,067
BRIAN KOLENICH	EXEC DIRECTOR-LAKE VISTA	40.00	Highest	$0	$19,134	$176,383
MARK HASSELBECK	REGIONAL DIRECTOR OF BUSINESS DEV	20.00	Highest	$0	$16,812	$172,657

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
2025	$148,215,031	$144,555,593	$386,022,114	$3,659,438
2024	No data	No data	No data	No data
2023	$128,831,145	$150,367,767	$384,447,722	$-21,536,622
2022	$151,361,214	$169,631,329	$415,063,966	$-18,270,115
2021	$153,214,887	$161,502,711	$447,327,891	$-8,287,824
2020	$169,437,428	$172,676,939	$412,183,102	$-3,239,511
2019	$174,188,121	$178,525,664	$413,901,579	$-4,337,543
2018	$176,893,286	$176,953,245	$420,694,501	$-59,959

OHIO LIVING COMMUNITIES