CONCORDIA OF OHIO

EIN: 611682165 501(c)(3) Housing & Shelter

Copley, OH

Total Revenue
$16,673,058
Total Expenses
$14,628,913
Total Assets
$58,410,975
Net Assets
$24,444,940
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Financial Trends

Organization Details

Formation Year
2012
Legal Domicile
OH
Principal Officer
Keith Frndak
Phone
3306641000
Tax Period
2024-07-01 to 2025-06-30

CONCORDIA OF OHIO, founded in 2012, is a mid-sized nonprofit in the Housing & Shelter sector that reported $16.7M in total revenue in fiscal year 2024. Revenue grew 11% year-over-year, indicating healthy expansion. Expenses of $14.6M left a modest 12% surplus.

Mission

Concordia of Ohio is a 501(c)(3) organization that consists of a continuing care retirement community (CCRC) in Copley, Ohio. This CCRC, Concordia at Sumner, provides skilled nursing and assisted living care as well as independent living apartments and villas and inpatient and outpatient rehab services for the greater Akron and Cleveland area. We strive to provide the highest quality of caregiving services in a Christian environment and to serve those with limited funds to the best of our ability.

Program Service Accomplishments

Program 1
Expenses: $5,306,303 Revenue: $5,740,445

In the year ended June 30, 2025, the skilled nursing facility had an average occupancy of 43.1 and provided 15,726 patient care days for 48 beds. 24% of the patient care days were provided to Medical...

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In the year ended June 30, 2025, the skilled nursing facility had an average occupancy of 43.1 and provided 15,726 patient care days for 48 beds. 24% of the patient care days were provided to Medical Assistance (Medicaid) residents. Our skilled nursing facility offers a wide array of professional healthcare services to include long-term care, comprehensive inpatient and outpatient rehabilitation services, and short-term nursing care. Our dedicated professional staff provides outstanding patient-centered care in a serene setting ensuring that our residents receive excellent care and are engaged in a wide variety of daily activities. Our growing reputation along with increased community-based engagement and referrals has poised us for significant long-term growth. In addition to providing 3,756 days of care to our community's indigent population through Ohio's Medicaid program, Concordia at Sumner personnel provided additional benefits to our community. Our staff participated in the annual Alzheimer's Association walk. In addition, our staff has been regular participants in the Copley Heritage day parade, was the water sponsor for Kylie's 5k run benefitting the Akron General Hospital Children's oncology department, and provides aging and Alzheimer's support for resident families and the community. Our facility has partnered with Kenmore Garfield High School in Akron, Ohio providing opportunities for these students who chose the Allied Health career path to experience hand-on exposure to day-to-day care practices in a post-acute care facility. Many of these students are from under-privileged and under-served parts of the Akron Community. Students in their Senior year of the program have the opportunity to apply for open positions in our facility.

Program 2
Expenses: $4,913,563 Revenue: $6,862,077

194 residents called our independent living facility home at the end of fiscal year 2025. We offer seniors beautiful garden apartments and private villas. Residents stay engaged in our independent...

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194 residents called our independent living facility home at the end of fiscal year 2025. We offer seniors beautiful garden apartments and private villas. Residents stay engaged in our independent living facility through daily community-based activities, participation in our resident's association, Silver Sneakers program, and frequent field trips into the local community where they enjoy a variety of events. Our monthly fees are competitive and residents can dine in our beautiful Terrace Room Restaurant or enjoy all of the other wonderful amenities, like our indoor pool, fitness center, library and knitting nook. In addition, we also provide transportation for our residents for personal appointments and local shopping. Our independent living facility was host to "a matter of balance", a program offered to both residents and members of the community where our therapy staff provides balance assessments. We have provided sponsorship to the 5k Glow Run benefitting the American cancer society. Coats and gloves were collected for the Peter Maurin Center, an outreach ministry in Akron, Ohio. Residents enjoyed our Valentine's Day social, St. Patrick's Day breakfast, Sumner Concert Series over the summer months, annual Oktoberfest celebration, and holiday parties. In the spring Sumner hosts a Volunteer Luncheon for the residents that volunteer throughout the year.

Program 3
Expenses: $2,062,005 Revenue: $2,080,124

Our assisted living facility provided 12,114 patient care days serving an average of 33.2 patients per day in our 2025 fiscal year. The facility has 40 private suites for a total of 40 beds (licensed...

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Our assisted living facility provided 12,114 patient care days serving an average of 33.2 patients per day in our 2025 fiscal year. The facility has 40 private suites for a total of 40 beds (licensed for 42 beds to accommodate couples). We provided 1,461 days of service to our community's indigent population through Concordia's benevolent care program. We provide around-the-clock nursing care and a team of dedicated state tested nursing assistants to ensure that all of our residents receive outstanding care. We can also maximize their length of stay by offering five levels of care. A variety of daily activities led by our staff and a team of caring volunteers keep our residents active and provides companionship. Our chaplain assists in meeting the spiritual well being of our residents by providing weekly worship, bible studies, and counsel for residents and family members.

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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 (2024)

Revenue Breakdown

Contributions & Grants $905,330
Program Service Revenue $14,682,646
Investment Income $889,973
Other Revenue $195,109
TOTAL REVENUE $16,673,058

Expense Breakdown

Grants Paid $200
Salaries & Benefits $6,810,174
Fundraising Expenses $13,832
Program Expenses $12,281,871
Other Expenses $7,818,539
TOTAL EXPENSES $14,628,913

Year-over-Year Comparison

2024 2023 Change
Revenue $16,673,058 $15,038,187 +0.1%
Expenses $14,628,913 $14,684,960 0.0%
Net Income $2,044,145 $353,227 +4.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
11
Independent Members
6
Employees
288
Volunteers
100

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
3
$1,815,851
Total Directors
11
$2,158,965
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Keith Frndak Chair/President 5
Officer Director
$0 $37,218 $905,273
Brian Hortert Board Member 1
Officer Director
$0 $36,679 $551,892
Michael Falbo Secretary/Treasurer 1
Officer Director
$0 $33,072 $358,686
Natalie McKay Board Member 1
Director
$0 $11,959 $195,937
Stephanie Barkley Board Member 5
Director
$0 $9,551 $147,177
Vicki Jackson Director of Nursing 45
Highest
$100,792 $20,739 $121,531
Celissa Christian MDS Nurse 45
Highest
$103,553 $13,349 $116,902
Meredith Pasco Executive Director 45
Highest
$106,777 $7 $106,784
Nancy Boughner Board Member 1
Director
$0 $0 $0
Ilona Stroupe Board Member 1
Director
$0 $0 $0
Dave Comstock Board member 1
Director
$0 $0 $0
Fred Heintz Jr Board Member 1
Director
$0 $0 $0
Paul Rehkopf Board Member 1
Director
$0 $0 $0
Shelly Partis Board Member 1
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 $16,673,058 $14,628,913 $58,410,975 $2,044,145
2024 $15,038,187 $14,684,960 $57,523,328 $353,227
2023 $15,045,813 $14,368,476 $57,513,056 $677,337
2022 $16,229,101 $13,635,359 $59,679,491 $2,593,742
2021 $15,913,038 $13,181,060 $66,868,178 $2,731,978
2020 $14,555,307 $12,643,471 $63,068,752 $1,911,836
2019 $13,375,912 $11,379,712 $75,983,891 $1,996,200
2018 $13,610,342 $10,801,674 $58,243,351 $2,808,668
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