Mary Immaculate Nursing Center Inc

EIN: 541516476 501(c)(3)

Suffolk, VA

Total Revenue
$8,800,917
Total Expenses
$10,233,386
Total Assets
$6,037,084
Net Assets
$1,637,419
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Tuckman-Chang Vulnerability Assessment

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1989
Legal Domicile
VA
Phone
7576865000
Tax Period
2018-09-01 to 2019-08-31

Mary Immaculate Nursing Center Inc, founded in 1989, is a community nonprofit that reported $8.7M in total revenue in fiscal year 2017.

Mission

SKILLED NURSING FACILITY

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Trantor Score

Financial Health & Payment Capacity Assessment (FICO Scale: 300–850)

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2018)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $8,750,808
Investment Income $38,537
Other Revenue $11,572
TOTAL REVENUE $8,800,917

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,606,152
Fundraising Expenses $0
Program Expenses $9,462,778
Other Expenses $5,627,234
TOTAL EXPENSES $10,233,386

Year-over-Year Comparison

2018 2017 Change
Revenue $8,800,917 $8,675,380 +0.0%
Expenses $10,233,386 $9,105,937 +0.1%
Net Income $-1,432,469 $-430,557 +2.3%
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
14
Independent Members
13
Employees
134
Volunteers
15

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
11
$4,461,235
Total Directors
19
$4,674,451
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A CEO - VA/President - BSHR (End 09/18) 2.0
Officer Director
$0 $16,500 $1,852,330
N/A President - BSHR/DMC/MMC/MNCC 3.0
Officer Director
$0 $0 $0
N/A Secretary, Market President - BSHR (Beg 10/18) 2.0
Officer Director
$0 $13,526 $481,341
N/A Chairman (End 12/18) 3.0
Officer Director
$0 $0 $0
N/A President - MIH/SFNC 2.0
Officer Director
$0 $0 $0
N/A Board Member (End 12/18); Chairman (Beg 01/19) 3.0
Officer Director
$0 $0 $0
N/A Board Member (End 12/18), EVP, CHRAO 2.0
Director
$0 $37,281 $2,335,780
N/A Board Member (End 12/18) 2.0
Director
$0 $0 $0
N/A Board Member 2.0
Director
$0 $0 $0
N/A Board Member 2.0
Director
$0 $0 $0
N/A Board Member (End 12/18) 2.0
Director
$0 $0 $0
N/A Board Member 2.0
Director
$0 $0 $0
N/A Board Member 2.0
Director
$0 $0 $0
N/A Board Member 2.0
Director
$0 $0 $0
N/A Board Member 2.0
Director
$0 $0 $5,000
N/A Board Member 2.0
Director
$0 $0 $0
N/A Board Member 2.0
Director
$0 $0 $0
N/A Board Member 2.0
Director
$0 $0 $0
N/A Board Member 2.0
Director
$0 $0 $0
N/A Interim Market CFO - BSHR (01/19 - 05/19) 2.0
Officer
$0 $40,950 $332,730
N/A Treasurer (End 01/19), CFO - Richmond Market 2.0
Officer
$0 $25,196 $683,182
N/A Interim Market CFO - BSHR (Beg 04/19) 2.0
Officer
$0 $0 $0
N/A CEO Extended Senior Care 3.0
Officer
$0 $48,366 $570,713
N/A CEO - MIH 2.0
Officer
$0 $37,194 $540,939
N/A Physical Therapist 40.0
Highest
$109,372 $7,228 $116,600
N/A Administrator 40.0
Highest
$118,963 $10,168 $129,131
N/A Former Secretary/Interim CEO-BSHR 0.0
$0 $137,158 $2,597,608
N/A Former Secretary/CEO-BSHR 0.0
$0 $20,781 $619,732
N/A Former CEO-MIH 0.0
$0 $29,295 $597,711
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
2019 $8,800,917 $10,233,386 $6,037,084 $-1,432,469
2019 $2,661,297 $3,080,060 No data $-418,763
2018 $8,675,380 $9,105,937 $7,648,260 $-430,557
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