Copley, OH
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Sign In — Free (10 views/day)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.
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.
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...
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.
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...
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.
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...
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.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 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% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| 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 |
| 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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