GOOD SHEPHERD HOME

EIN: 344451089 501(c)(3) Human Services

FOSTORIA, OH

Total Revenue
$13,624,136
Total Expenses
$12,803,225
Total Assets
$34,297,426
Net Assets
$22,199,340
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1902
Legal Domicile
OH
Principal Officer
CHRISTOPHER P WIDMAN
Phone
4199371801
Tax Period
2023-01-01 to 2023-12-31

GOOD SHEPHERD HOME, founded in 1902, is a mid-sized nonprofit in the Human Services sector that reported $13.6M in total revenue in fiscal year 2023. Expenses of $12.8M left a modest 6% surplus.

Mission

THE GOOD SHEPHERD HOME MAINTAINS AND OPERATES A CHRISTIAN RETIREMENT COMMUNITY FOR THE ELDERLY, CONSISTING OF A NURSING FACILITY AND ASSISTED LIVING FACILITY AND IS LICENSED AS A HOME FOR THE AGING IN THE STATE OF OHIO. THE GOOD SHEPHERD HOME'S MISSION STATEMENT: THIS ORGANIZATION, FOUNDED TO MINISTER TO THE NEEDS OF THE COMMUNITY, IS COMMITTED TO PROVIDING AN ATMOSPHERE THAT ENHANCES THE QUALITY OF LIFE OF OUR RESIDENTS AND FOCUSES ON THEIR INDIVIDUALITY WHILE MAINTAINING A CHRISTIAN ENVIRONMENT IN WHICH TO LIVE AND WORK.

Program Service Accomplishments

Program 1
Expenses: $11,822,267 Revenue: $13,236,149

THE GOOD SHEPHERD HOME WHICH IS A LICENSED HOME FOR THE AGING in OHIO, OPERATES A RETIREMENT COMMUNITY CONSISTING OF A 95-BED SKILLED NURSING FACILITY, 89 ASSISTED LIVING BEDS, A 54-UNIT ASSISTED...

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THE GOOD SHEPHERD HOME WHICH IS A LICENSED HOME FOR THE AGING in OHIO, OPERATES A RETIREMENT COMMUNITY CONSISTING OF A 95-BED SKILLED NURSING FACILITY, 89 ASSISTED LIVING BEDS, A 54-UNIT ASSISTED LIVING APARTMENT FACILITY AND 30 INDEPENDENT LIVING UNITS. THE HOME PROVIDED 53,819 INPATIENT DAYS OF CARE IN 2023 IN ITS NURSING FACILITY.

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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 $167,682
Program Service Revenue $12,980,327
Investment Income $133,594
Other Revenue $342,533
TOTAL REVENUE $13,624,136

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,866,011
Fundraising Expenses $0
Program Expenses $11,822,267
Other Expenses $5,937,214
TOTAL EXPENSES $12,803,225

Year-over-Year Comparison

2023 2022 Change
Revenue $13,624,136 $12,783,876 +0.1%
Expenses $12,803,225 $12,642,648 +0.0%
Net Income $820,911 $141,228 +4.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
349
Volunteers
120

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
4
$301,437
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CHRISTOPHER P WIDMAN EXECUTIVE DIRECTOR 40.0
Officer
$250,849 $32,588 $301,437
RHONDA SCHULTE TRUSTEE 1.0
Director
$0 $0 $0
JENNA ARNOLD TRUSTEE 1.0
Director
$0 $0 $0
BARBARA WILCH VICE CHAIRPERSON 1.0
Officer Director
$0 $0 $0
GARY STRAUSBAUGH TREASURER 2.0
Officer Director
$0 $0 $0
BERNIE STEINMETZ TRUSTEE 1.0
Director
$0 $0 $0
JOHN BALLINGER SECRETARY 1.0
Director
$0 $0 $0
PAUL BURTIS TRUSTEE 1.0
Director
$0 $0 $0
LEAH BRANT TRUSTEE 2.0
Director
$0 $0 $0
CHER JOHNSON CHAIRPERSON 1.0
Officer Director
$0 $0 $0
SCOTT HOFACKER TRUSTEE 1.0
Director
$0 $0 $0
MIKE SHAFFER TRUSTEE 2.0
Director
$0 $0 $0
ROBERT EATMON TRUSTEE 2.0
Director
$0 $0 $0
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 $13,624,136 $12,803,225 $34,297,426 $820,911
2022 $12,783,876 $12,642,648 $31,520,073 $141,228
2021 $16,852,654 $12,832,732 $33,161,971 $4,019,922
2020 $14,467,940 $13,557,199 $29,546,038 $910,741
2019 $13,939,762 $13,240,022 $27,207,817 $699,740
2018 $13,802,809 $12,734,386 $25,570,124 $1,068,423
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