VERNON WOODS RETIREMENT COMMUNITY INC (EIN 582575049) - Form 990 Financial Analysis & Trantor Score

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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

2000

Legal Domicile

Principal Officer

KETUL J PATEL

Phone

7709567827

Tax Period

2024-07-01 to 2025-06-30

VERNON WOODS RETIREMENT COMMUNITY INC, founded in 2000, is a community nonprofit in the Housing & Shelter sector that reported $4.3M in total revenue in fiscal year 2024. Expenses of $3.9M left a modest 8% surplus.

Mission

VISION: DELIVER WORLD-CLASS HEALTHCARE TO EVERY PERSON, EVERY TIME. MISSION: TO ENHANCE THE HEALTH AND WELL-BEING OF EVERY PERSON WE SERVE. VALUES: WE SERVE WITH COMPASSION. WE PURSUE EXCELLENCE. WE HONOR EVERY VOICE. FORM 990, PART III, LINE 4A PROGRAM SERVICE ACCOMPLISHMENTS VERNON WOODS RETIREMENT COMMUNITY, INC. ("VERNON WOODS") WAS ESTABLISHED FOR THE PURPOSE OF PROVIDING ASSISTED AND INDEPENDENT LIVING APARTMENTS TO SENIOR ADULTS INCLUDING MEALS, DIETARY INFORMATION AND PROFESSIONAL EVALUATIONS. VERNON WOODS OFFERS SERVICES FOR BOTH INDEPENDENT AND ASSISTED LIVING. INDEPENDENT LIVING INCLUDES OFFERING HOUSING FOR PEOPLE WHO NEED NO ASSISTANCE WITH THEIR HEALTH OR PERSONAL NEEDS. ASSISTED LIVING SERVICES ARE PROVIDED BY TRAINED STAFF AND ADDRESS SCHEDULED AND UNSCHEDULED NEEDS. A TOTAL OF 104 ADULTS WERE SERVED DURING THE YEAR, 57 ASSISTED LIVING AND 47 INDEPENDENT LIVING.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0

Program Service Revenue $4,287,887

Investment Income $0

Other Revenue $0

TOTAL REVENUE $4,287,887

Expense Breakdown

Grants Paid $0

Salaries & Benefits $0

Fundraising Expenses $0

Program Expenses $3,930,921

Other Expenses $3,930,921

TOTAL EXPENSES $3,930,921

Year-over-Year Comparison

	2024	2023	Change
Revenue	$4,287,887	$4,138,646	+0.0%
Expenses	$3,930,921	$4,229,604	-0.1%
Net Income	$356,966	$-90,958	-4.9%

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

N/A

Volunteers

N/A

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

$15,373,717

Total Directors

$2,562,970

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
CANDICE SAUNDERS	PRESIDENT & CEO	1.0	Officer	$0	$111,721	$5,069,923
LEO REICHERT	EVP & GENERAL COUNSEL	1.0	Officer	$0	$118,680	$1,619,966
RICHARD CAPPS	EVP CHIEF INFO & DIGITAL OFFCR	1.0	Officer	$0	$122,478	$1,579,418
DAVID JONES	EVP CHIEF PEOPLE OFFICER	1.0	Officer	$0	$91,526	$1,459,519
MARY CHATMAN	EVP ACUTE CARE OPERATIONS	1.0		$0	$112,311	$1,458,099
KEM MULLINS	EVP AMBULATORY OPS & BUS DEV	1.0	Officer	$0	$84,804	$1,431,987
MICHAEL MCCULLOUGH	SVP SUPPLY CHAIN	1.0		$0	$97,280	$1,280,716
SUSAN GRANT	EVP CHIEF NURS EXEC (END 1/25)	1.0	Officer	$0	$90,856	$1,210,351
ALAN MUSTER	SVP SPECIALTY DIVISION WMG	1.0		$0	$136,217	$1,088,142
WILLIAM BELLANDO	SVP CHIEF INFO OFFICER	1.0		$0	$113,265	$1,086,618
JOSEPH REPPERT	SVP FINANCE & CFO	1.0		$0	$111,996	$1,058,485
VALERY AKOPOV	SVP HOSPITAL DIVISION WMG	1.0		$0	$94,359	$1,037,518
JULIE TEER	SVP & WELLSTAR FOUNDATION PRES	1.0	Officer	$0	$50,702	$1,018,339
ARIF AZIZ MD	TRUSTEE & PHYSICIAN(END 12/24)	1.0	Director	$0	$101,567	$962,839
PRANAV JAIN	VP CHIEF IH OFF & HEAD OF CP	1.0		$0	$82,942	$865,596
ANTHONY BUDZINSKI	EVP & CFO (END 4/24)	1.0		$0	$43,967	$859,193
BETH KOST	SVP CHIEF COMPLIANCE OFFICER	1.0	Officer	$0	$87,807	$838,568
SNEHAL DOSHI	SVP ANCILLARY AND SUPPORT SVC	1.0		$0	$94,852	$822,235
BARBARA COREY	SVP MANAGED CARE	1.0		$0	$101,705	$809,867
LAURA DANNELS	VP CHIEF LEARNING OFFICER	1.0		$0	$58,842	$786,546
DANIEL ABAD	SVP TAL STRAT & TOTAL REWARDS	1.0		$0	$82,714	$754,240
JASON STEVENS	SVP DEPUTY GENERAL COUNSEL	1.0		$0	$110,168	$741,276
FREDA LYON	VP SYSTEM EMERGENCY SERVICES	1.0		$0	$80,019	$704,248
MATTHEW TERRY	SVP CHIEF STRATEGY OFFICER	1.0		$0	$80,919	$698,368
SANDRA LUCIUS	VP HEAD CARE PLAT (END 12/24)	1.0		$0	$95,657	$697,308
NICKOLOS YAITSKY	VP CHIEF AI OFF & HEAD OF EA	1.0		$0	$74,321	$668,087
DAVID PRESTON	VP BRAND AND MARKETING	1.0		$0	$43,772	$658,948
LE JOYCE NAYLOR	SVP & CHIEF DIVERSITY & INCLUS	1.0		$0	$88,792	$650,287
RICHARD FREEMAN	EVP CHIEF PHYS EX (AS OF 7/24)	1.0	Officer	$0	$25,899	$630,358
DANYALE ZIGLOR	VP HUMAN RESOURCE	1.0		$0	$85,327	$622,752
ELIZABETH LOUDERMILK	VP FINANCIAL PLANNING	1.0		$0	$96,259	$616,748
JAMES L HORNSBY	TRUSTEE & PHYSICIAN	1.0	Director	$0	$117,101	$586,869
JOSEPH BRAUD	VP INFO SECURITY & CISO	1.0		$0	$62,563	$563,648
PAUL DOUGLASS MD	TRUSTEE & PHYSICIAN	1.0	Director	$0	$87,403	$541,432
JAMES SWARTZ	VP ACCOUNTING	1.0		$0	$77,479	$517,712
ANDREW COX	VP CHIEF OF STAFF & LEADERSHIP	1.0		$0	$82,568	$516,246
JOHN HATFIELD	EVP CHF EX AF OFF (AS OF 5/24)	1.0	Officer	$0	$29,448	$515,288
STEPHEN VAULT	VP STRATEGIC COMMUNITY DEVELOP	1.0		$0	$57,058	$483,586
KIMBERLY TAACA	VP WMG OPS SPECIALTY DIV	1.0		$0	$82,358	$480,187
MAXWELL KAGAN	VP FINANCE & CFO WMG	1.0		$0	$67,504	$476,192
SOPHIA MCINTYRE	SVP WMG AMB CAR DIV (END 4/23)	1.0		$0	$0	$468,520
ELIZABETH PAPETTI	VP WMG OPS HOSPITAL DIV	1.0		$0	$67,875	$465,554
SUSAN WRIGHT	VP PHARMACY SVCS	1.0		$0	$67,601	$459,674
THOMAS DRAPER	VP CARDIOVASCULAR SERVICE LINE	1.0		$0	$59,505	$455,535
VARMA RAMESWAR	VP PEDIATRIC OPS AND SVC LINE	1.0		$0	$88,383	$452,253
JOE CASTANON	VP CONTRACTING & VAL ANALYSIS	1.0		$0	$65,263	$442,519
KRISTEN TRICE	VP DIAGNOSTIC OUTREACH	1.0		$0	$82,838	$440,946
JESSICA KOVALESKY	VP CARE COORDINATION & POP HLT	1.0		$0	$36,932	$431,753
SANA BRUNO	VP LABORATORY SERVICES SYSTEM	1.0		$0	$77,825	$420,321
DONALD ZARKOU	VP OF ONCOLOGY SERVICE LINE	1.0		$0	$90,750	$413,774
SHARON ROBINSON	VP FOUNDATION STRATEGY & GRWTH	1.0		$0	$81,334	$413,102
CAROL TODD	VP ASST GENERAL COUNSEL	1.0		$0	$85,736	$411,232
MICHAEL GARRARD	AVP REHABILITATION WRWSH	1.0		$0	$67,049	$402,451
ROBERT DECOUX	VP CORPORATE MED STAFF SVCS	1.0		$0	$82,222	$398,378
ELLEN RUSSELL	VP HIM CDI & POLICIES	1.0		$0	$55,484	$350,055
STEVEN HUNT	VP HUMAN RESOURCE (END 10/24)	1.0		$0	$0	$337,565
PHILLIP COULE	VP AND CHIEF MEDICAL OFFICER	1.0		$0	$22,282	$230,342
PAUL MURPHREE MD	VP MEDICAL OUTCOMES (END 4/24)	1.0		$0	$22,425	$179,358
JENNIFER GIUSTI	VP CLINICAL OUTCOMES(END 4/24)	1.0		$0	$37,057	$160,487
JOEL SHU	VP WELLSTAR CP (END 1/24)	1.0		$0	$3,391	$142,087
FRANK ROS	TRUSTEE	1.0	Director	$0	$0	$54,889
MITZI MOORE	TRUSTEE	1.0	Director	$0	$0	$40,514
ED RICHARDSON	TRUSTEE	1.0	Director	$0	$0	$37,753
W CHARLES BROCK	TRUSTEE	1.0	Director	$0	$0	$34,976
O SCOTT SWAYZE MD	TRUSTEE	1.0	Director	$0	$0	$33,814
MARK BERRY	TRUSTEE	1.0	Director	$0	$0	$31,902
KEITH PARKER	TRUSTEE	1.0	Director	$0	$0	$31,712
GREG MORGAN	TRUSTEE	1.0	Director	$0	$0	$31,708
H SPEER BURDETTE III	TRUSTEE	1.0	Director	$0	$0	$31,111
EDWARD TATE	TRUSTEE	1.0	Director	$0	$0	$30,481
DAVID BOTTOMS	TRUSTEE	1.0	Director	$0	$0	$30,129
JAMES L HOLMES	TRUSTEE	1.0	Director	$0	$0	$27,901
JOHN MCKIBBEN	TRUSTEE	1.0	Director	$0	$0	$27,042
JAY CUNNINGHAM	TRUSTEE	1.0	Director	$0	$0	$26,359
DAVID HAFNER	FORMER DIRECTOR	0.0		$0	$0	$24,026
RANDALL BENTLEY SR	FORMER DIRECTOR	0.0		$0	$0	$14,150
CONNIE KIRK	FORMER TRUSTEE	1.0		$0	$0	$12,619
ALLEN SEPARK	FORMER TRUSTEE	1.0		$0	$0	$10,935
GRETCHEN CORBIN BEG 1024	TRUSTEE	1.0	Director	$0	$0	$1,539
JOHN KERNDL	EVP & CFO (AS OF 2/25)	1.0	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	$4,287,887	$3,930,921	$6,179,329	$356,966
2024	No data	No data	No data	No data
2023	$4,181,369	$4,328,519	$5,899,430	$-147,150
2022	$3,424,161	$3,120,734	$5,842,886	$303,427
2021	$2,937,013	$2,818,431	$5,513,756	$118,582
2020	$3,585,753	$3,168,695	$5,554,630	$417,058
2019	$3,611,352	$3,101,323	$5,007,146	$510,029
2018	$3,416,917	$3,002,892	$4,521,776	$414,025

VERNON WOODS RETIREMENT COMMUNITY INC