VIRGINIA MENNONITE HOME INC

EIN: 540590902 501(c)(3) Health Care

HARRISONBURG, VA

Total Revenue
$21,890,470
Total Expenses
$21,674,449
Total Assets
$29,714,847
Net Assets
$9,717,481
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1955
Legal Domicile
VA
Principal Officer
JAKE BELL
Phone
5404384225
Tax Period
2023-04-01 to 2024-03-31

VIRGINIA MENNONITE HOME INC, founded in 1955, is a mid-sized nonprofit in the Health Care sector that reported $21.9M in total revenue in fiscal year 2023. Revenue grew 10% year-over-year, indicating healthy expansion.

Mission

WE ARE A CHRIST-CENTERED COMMUNITY CULTIVATING COMPASSION, INTEGRITY AND RESPECT FOR AGING WELL AND LIVING FULLY.

Program Service Accomplishments

Program 1
Expenses: $12,071,470 Revenue: $13,504,949

PROVIDE NURSING HOME SERVICES IN 120 BED FACILITY.

Program 2
Expenses: $4,658,801 Revenue: $6,748,806

PROVIDE ASSISTED LIVING SERVICES IN AN 82 ROOM FACILITY.

Program 3
Expenses: $1,272,000 Revenue: $1,116,510

WELLNESS CENTER AND ACTIVITY SERVICES FOR RETIREMENT COMMUNITY AND AREA SENIORS.

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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 $467,433
Program Service Revenue $21,370,265
Investment Income $7
Other Revenue $52,765
TOTAL REVENUE $21,890,470

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,561,724
Fundraising Expenses $0
Program Expenses $18,002,271
Other Expenses $9,112,725
TOTAL EXPENSES $21,674,449

Year-over-Year Comparison

2023 2022 Change
Revenue $21,890,470 $19,989,658 +0.1%
Expenses $21,674,449 $20,472,077 +0.1%
Net Income $216,021 $-482,419 -1.4%
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

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Governance

Voting Members
3
Independent Members
3
Employees
556
Volunteers
90

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
6
$207,873
Total Directors
3
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MIKE PIPER CFO N/A
Officer
$0 $19,349 $207,873
TROY SNYDER FORMER CEO N/A
$0 $16,573 $201,991
REBECCA THORPE VP-SUPPORTIN 40.00
Highest
$144,322 $0 $144,322
ABBY GRAY RN 40.00
Highest
$125,202 $0 $125,202
REBECCA KLINE DIRECTOR OF 40.00
Highest
$121,579 $0 $121,579
MELINDA NOLAND VP OF WELLNE 40.00
Highest
$109,409 $0 $109,409
JENNIFER BURNER LPN 40.00
Highest
$103,694 $0 $103,694
MYRON BLOSSER SECRETARY/TR 1.00
Officer Director
$0 $0 $0
JACKIE HARTMAN CHAIR 1.00
Officer Director
$0 $0 $0
NELLY MORENO SHENK VICE CHAIR 1.00
Officer Director
$0 $0 $0
JAKE BELL CEO N/A
Officer
$0 $0 $0
J DAVID YODER INTERIM CEO N/A
Officer
$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 $21,890,470 $21,674,449 $29,714,847 $216,021
2023 $19,989,658 $20,472,077 $28,658,703 $-482,419
2022 $20,540,544 $19,846,909 $28,962,463 $693,635
2021 $21,429,063 $20,041,892 $29,142,931 $1,387,171
2020 $21,676,503 $20,767,796 $31,070,217 $908,707
2019 $20,005,778 $19,499,454 $30,566,860 $506,324
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