UVA CATON MERCHANT HOUSE ASSISTED LIVING

EIN: 541291284 501(c)(3) Human Services

MANASSAS, VA

Total Revenue
$207,991
Total Expenses
$933,800
Total Assets
$1,492,785
Net Assets
$1,492,785
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1984
Legal Domicile
VA
Principal Officer
L ERIK SHANNON
Phone
5712841163
Tax Period
2023-07-01 to 2024-06-30

UVA CATON MERCHANT HOUSE ASSISTED LIVING, founded in 1984, is a small nonprofit in the Human Services sector that reported $208K in total revenue in fiscal year 2023. Revenue fell 93% from the prior year — a significant decline worth monitoring. Expenses of $934K exceeded revenue, resulting in a 349% operating deficit.

Mission

OUR MISSION TRANSFORMING HEALTH AND INSPIRING HOPE FOR ALL VIRGINIANS AND BEYOND. OUR VISION TO BE THE NATION'S LEADING PUBLIC ACADEMIC HEALTH SYSTEM AND A BEST PLACE TO WORK - WHILE TRANSFORMING PATIENT CARE, RESEARCH, EDUCATION, AND ENGAGEMENT WITH THE DIVERSE COMMUNITIES WE SERVE. OUR VALUES: - ASPIRE: AT UVA HEALTH, WE PUT THE PATIENT AT THE CENTER OF EVERYTHING WE DO. WE ASPIRE TO CREATE A CULTURE OF EXCELLENCE, ENGAGEMENT, AND TRUST THROUGH OUR VALUES. - ACCOUNTABILITY: ACKNOWLEDGING AND ASSUMING RESPONSIBILITY FOR WHERE WE HAVE SUCCEEDED AND FAILED IN TERMS OF OUR ACTIONS, DECISIONS, POLICIES, AND RESULTS. - STEWARDSHIP: RESPONSIBILITY AND CAREFULLY MANAGING OUR RESOURCES AND COMMITMENT TO CONTINUAL IMPROVEMENT AND LEARNING WHILE ACKNOWLEDGING SHORTCOMINGS OR PROBLEMS IN OUR QUEST. - PROFESSIONALISM: APPROACHING ALL THAT WE DO IN A COLLABORATIVE WAY AND DELIVERING EXCELLENT CARE THROUGH THE LENS OF HELPFULNESS, POSITIVITY, KINDNESS, AND COMPETENCY. - INTEGRITY: BEING HONEST, OPEN, AND FAIR THROUGH OUR BEHAVIORS, ATTITUDE, AND TREATMENT OF OTHERS. - RESPECT: VALUING EVERYONE THROUGH OUR COMPASSIONATE AND CARING WAYS. - EQUITY: FOSTERING AN ENVIRONMENT OF BELONGING THAT PROMOTES JUSTICE, EQUITY, DIVERSITY, INCLUSION, AND UNITY THROUGHOUT THE ORGANIZATION AND WITHIN THE COMMUNITIES WE SERVE.

Program Service Accomplishments

Program 1
Expenses: $778,453 Revenue: $571,327

PRIOR TO SEPTEMBER 2023, CATON OPERATED AS A LICENSED ASSISTED LIVING CENTER IN MANASSAS, VA. CATON HAD 125 LICENSED BEDS, 78 APARTMENTS, AND 3,242 RESIDENT DAYS DURING THIS TIME.IN SEPTEMBER 2023...

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PRIOR TO SEPTEMBER 2023, CATON OPERATED AS A LICENSED ASSISTED LIVING CENTER IN MANASSAS, VA. CATON HAD 125 LICENSED BEDS, 78 APARTMENTS, AND 3,242 RESIDENT DAYS DURING THIS TIME.IN SEPTEMBER 2023, THE ASSETS WERE SOLD TO AN AFFILIATE OF COMMONWEALTH SENIOR LIVING, WHO SUBSEQUENTLY TOOK OWNERSHIP AND ASSUMED OPERATIONS.

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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 $0
Program Service Revenue $571,327
Investment Income $-363,336
Other Revenue $0
TOTAL REVENUE $207,991

Expense Breakdown

Grants Paid $0
Salaries & Benefits $519,794
Fundraising Expenses $0
Program Expenses $778,453
Other Expenses $414,006
TOTAL EXPENSES $933,800

Year-over-Year Comparison

2023 2022 Change
Revenue $207,991 $3,065,652 -0.9%
Expenses $933,800 $4,146,997 -0.8%
Net Income $-725,809 $-1,081,345 -0.3%
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
9
Employees
40
Volunteers
9

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
8
$2,315,916
Total Directors
13
$2,064,936
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KIRSTEN GREEN MD TRUSTEE 0.20
Director
$0 $59,299 $1,039,460
MARY FRANCES SOUTHERLAND INTERIM SECRETARY/TRUSTEE 0.20
Officer Director
$0 $41,702 $522,666
CHRIS HEATON MD TRUSTEE - UCB/TRUSTEE INC 0.20
Director
$0 $57,766 $502,810
STEVE DANZIGER CHAIR 0.20
Officer Director
$0 $0 $0
CHARLES BARRELL VICE CHAIR (THRU 11/2023) 0.20
Officer Director
$0 $0 $0
RICHARD HARRINGTON SECRETARY/VICE CHAIR (AS OF 02/2024) 0.20
Officer Director
$0 $0 $0
STEPHEN NELSON TREASURER 0.20
Officer Director
$0 $0 $0
LISA ANN PEACOCK TRUSTEE 0.20
Director
$0 $0 $0
MATTHEW GUILFOYLE TRUSTEE 0.20
Director
$0 $0 $0
PAM KINCHELOE RN JD TRUSTEE 0.20
Director
$0 $0 $0
JACQUELINE KRICK TRUSTEE 0.20
Director
$0 $0 $0
MICHELLE METZGAR TRUSTEE 0.20
Director
$0 $0 $0
VIPUL PARIKH MD TRUSTEE 0.20
Director
$0 $0 $0
ERIK SHANNON CEO (UVACH SYSTEM) 0.20
Officer
$0 $336,325 $1,051,706
AMANDA DICKINSON CATON ADMIN./EXEC DIR. (THRU 09/23) 45.00
Officer
$118,240 $11,896 $197,880
CHARLES CODER CFO (UVACH SYSTEM) 0.20
Officer
$0 $52,293 $543,664
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 $207,991 $933,800 $1,492,785 $-725,809
2023 $3,065,652 $4,146,997 $2,971,994 $-1,081,345
2022 $1,583,473 $2,188,011 $2,848,013 $-604,538
2021 $3,108,110 $4,487,579 $2,377,265 $-1,379,469
2020 $3,495,180 $4,370,935 $2,759,215 $-875,755
2019 $4,176,951 $4,522,178 $3,203,919 $-345,227
2018 $4,182,230 $4,432,238 $3,633,245 $-250,008
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