VETTER SENIOR LIVING

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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

2014

Legal Domicile

Principal Officer

BRIAN STUHR

Phone

4028953932

Tax Period

2022-07-01 to 2023-06-30

VETTER SENIOR LIVING, founded in 2014, is a major nonprofit in the Health Care sector that reported $251.9M in total revenue in fiscal year 2022. Revenue fell 22% from the prior year — a significant decline worth monitoring.

Mission

DIGNITY IN LIFE

Program Service Accomplishments

Program 1

Expenses: $231,486,974 Revenue: $244,626,738

VETTER SENIOR LIVING PROVIDES SERVICES AND LIVING OPTIONS FOR REHABILITATION, INDEPENDENT, ASSISTED LIVING, AND SKILLED NURSING RESIDENTS IN FOUR STATES. MANY OF THESE INDIVIDUALS ARE MEDICAID AND...

VETTER SENIOR LIVING PROVIDES SERVICES AND LIVING OPTIONS FOR REHABILITATION, INDEPENDENT, ASSISTED LIVING, AND SKILLED NURSING RESIDENTS IN FOUR STATES. MANY OF THESE INDIVIDUALS ARE MEDICAID AND WITHOUT US PROVIDING THEIR CARE, WOULD HAVE NO OTHER OPTIONS. WITH A MISSION OF "DIGNITY IN LIFE," VETTER SENIOR LIVING IS WELL KNOWN FOR QUALITY CARE. MORE THAN 3,300 TEAM MEMBERS CONTINUOUSLY STRIVE FOR IMPROVEMENT IN ALL AREAS OF SERVICE. FOLLOWING OUR VISION: QUALITY LIFE, QUALITY CARE, EXCELLENT TEAMS, OUTSTANDING FACILITIES, QUALITY REPUTATION, AND STEWARDSHIP IS SIMPLY EXPECTED. SERVING, INTEGRITY, TEAMWORK, AND EXCELLENCE ARE OUR CORE VALUES.

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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 (2022)

Revenue Breakdown

Contributions & Grants $11,133,116

Program Service Revenue $244,501,334

Investment Income $-4,174,343

Other Revenue $403,089

TOTAL REVENUE $251,863,196

Expense Breakdown

Grants Paid $0

Salaries & Benefits $155,274,004

Fundraising Expenses $0

Program Expenses $231,486,974

Other Expenses $95,630,742

TOTAL EXPENSES $250,904,746

Year-over-Year Comparison

	2022	2021	Change
Revenue	$251,863,196	$323,878,389	-0.2%
Expenses	$250,904,746	$231,218,936	+0.1%
Net Income	$958,450	$92,659,453	-1.0%

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

4631

Volunteers

150

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

$1,456,920

Total Directors

$1,468,697

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
GLENN VAN EKEREN	PRESIDENT	20.00	Officer Director	$295,460	$38,971	$629,892
JACK VETTER	CHAIRMAN AND CEO	1.00	Officer Director	$0	$22,426	$605,460
RHONDA FLANIGAN	CPO	40.00	Highest	$241,172	$44,874	$286,046
HEATH BODDY	COO	40.00	Highest	$238,571	$12,978	$251,549
AARON DUNLAP	CFA	40.00	Highest	$205,447	$40,539	$245,986
BRIAN STUHR	CFO	30.00	Officer	$208,757	$12,811	$221,568
JOEL WICHMAN	DIRECTOR OF FACILITY DEVELOPMENT	40.00	Highest	$185,198	$34,742	$219,940
SHARI TERRY	DIRECTOR/COO THRU 06/22	1.00	Director	$213,531	$19,814	$233,345
KATIE FREDERICK	DIRECTOR OF OPERATIONS	40.00	Highest	$151,115	$15,357	$166,472
ELDORA D VETTER	SECRETARY	1.00	Officer 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
2025	No data	No data	No data	No data
2024	No data	No data	No data	No data
2023	$251,863,196	$250,904,746	$311,836,561	$958,450
2022	$323,878,389	$231,218,936	$241,262,757	$92,659,453
2021	$232,708,282	$230,576,892	$184,200,923	$2,131,390
2020	$229,461,974	$227,631,655	$144,598,716	$1,830,319
2019	$222,500,136	$220,423,267	$130,173,170	$2,076,869
2018	$289,502,969	$209,538,124	$111,951,153	$79,964,845