Nonprofits/Organizations/34-1013695
Active
501(c)(3)
Form 990

The Assumption Village

EIN 34-1013695North Lima, OH 44452Founded 1974WebsiteIRS Tax Year 2024 · Period ending December 31, 2024
Mission Statement

THE ASSUMPTION VILLAGE OFFERS BOTH ASSISTED LIVING AND LONG-TERM NURSING CARE FOR PATIENTS IN A COMFORTABLE AND WARM ATMOSPHERE. IT IS MEDICARE AND MEDICAID APPROVED.

IRS Tax Year 2024

Period ending December 31, 2024

Total Revenue

$0

-100.0%YoY

Total Expenses

$0

-100.0%YoY

Net Assets

$0

+100.0%YoY

Employees

0

Volunteers

11

This nonprofit profile presents IRS Form 990 tax filing data for The Assumption Village (EIN: 34-1013695), based on the 2024 tax year annual return filed with the Internal Revenue Service.

Sections below include financial summaries (revenue, expenses, and net assets), program accomplishments, officer and key employee compensation, detailed executive pay breakdowns, governance policies and audit information, related tax-exempt organizations. All figures are reported in USD as filed.

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RoundPaper IndicatorsTax Year 2024

Financial Health

Revenue declined -100.0% to $0
Expenses decreased -100.0% year-over-year

Transparency

Conflict of interest policy adopted
Whistleblower policy in place
Financial statements independently audited
14-member board, 11 independent

Compensation

Top compensation: $2,307,102 (Board Member, BSMH COO)
Schedule J filed for 6 individuals — detailed disclosure
No executive perks reported

Program Effectiveness

1 program reported
No programs generate independent revenue
11 volunteers engaged

Financial Stability

Net assets consistently growing over recent filings

Risk Flags

No insider or excess benefit transactions
No material diversion or misuse reported
No family/business relationships on board

Indicators derived from IRS Form 990 data. Not financial advice.

Organization Summary

The Assumption Village is a 501(c)(3) nonprofit headquartered in North Lima, OH, founded in 1974. The organization has held tax-exempt status since 1946. In its 2024 filing, the organization reported $0 in total revenue, a 100.0% decrease from the prior year, and $0 in total expenses. The organization engaged 11 volunteers. Donald Kline, Board Member, BSMH COO, is the highest-compensated individual at $2,307,102. 3 of 6 recommended governance policies are in place.

Programs(Tax Year 2024)

1 record

Programs Overview

The Assumption Village operates 1 program.

1
Program 1Expenses: $0

THE ASSUMPTION VILLAGE IS A LONG-TERM CARE FACILITY OFFERING MULTI-LEVEL SERVICES, INCLUDING INTERMEDIATE CARE, SKILLED NURSING CARE, ASSISTED LIVING, AND AN ALZHEIMER'S/DEMENTIA SPECIAL CARE UNIT. THE ASSUMPTION VILLAGE PARTICIPATES IN THE MEDICARE AND MEDICAID PROGRAMS. The Assumption Village sold substantially all of its operating assets on March 1, 2022.

Financial Overview(Tax Years 2019–2024)

6 records

Financial Highlights

Over the past 6 years, The Assumption Village's revenue has declined from $15.1M to $0, a 100.0% decrease.

Revenue decreased 100.0% year-over-year, while expenses declined 100.0%. net assets rose to $0, up 100.0% from the prior year.

Over 6 filings from 2019–2024, The Assumption Village declined revenue from $15.1M to $0 (-100.0%). During this period, the organization reduced from 418 to 0 employees.

The Assumption Village holds $0 in total assets against $0 in liabilities.

Revenue

YearTotal RevenueContributionsGov't GrantsProgram RevenueInvestment
2024$0$0$0$0$0
2023$190K$0$0$112K$78K
2022$11.5M$12K$0$1.8M$9.5M
2021$12.9M$830K$827K$12.0M$0
2020$14.6M$1.3M$1.2M$13.1M$0
2019$15.1M$0$0$14.8M$0

Expenses

YearTotal ExpensesProgramManagementFundraisingGrants Paid
2024$0$0$0$0$0
2023$134K$114K$20K$0$0
2022$3.0M$2.5M$457K$0$0
2021$18.0M$15.5M$2.4M$0$0
2020$17.0M$14.7M$2.3M$0$0
2019$16.8M$14.5M$2.3M$0$0

People & Compensation(Tax Year 2024)

17 records

Compensation Summary

The Assumption Village reported compensation for 17 officers and key employees. Total officer compensation was $6.2M. 4 individuals received total compensation exceeding $500,000.

The Assumption Village's highest-compensated individual received $2.3M in total compensation. 2 individuals received total compensation exceeding $1,000,000.

NameTitleTypeHours/wkComp from OrgRelated OrgsTotal
Donald KlineBoard Member, BSMH COO
Director
1.00$0$2,256,751$2,307,102
JOHN LUELLEN MDPresident Lorain & Youngstown Market
OfficerDirector
1.00$0$1,209,573$1,494,644
ANTHONY SEMINAROFormer CFO, Youngstown
Former
$0$830,062$990,916
Martin TurskyCOO Lorain & Youngstown Market
Officer
1.00$0$623,139$706,420
Michelle CrawfordCFO Lorain & Youngstown Market
Officer
1.00$0$429,762$479,251
frank BECK DDSMHY Foundation Board President
Director
1.00$0$173,138$203,538
Edward Novosel DOBoard Member
Director
1.00$0$0$0
Erin BishopBoard Member
Director
1.00$0$0$0
Germaine BennettVice Chair
OfficerDirector
1.00$0$0$0
Jessica Simon EsqBoard Member
Director
1.00$0$0$0
Juan SantiagoBoard Member
Director
1.00$0$0$0
Rachel HrbolichBoard Member
Director
1.00$0$0$0
Sister Maryann Golonka HMBoard Member
Director
1.00$0$0$0
Sister Mildred Ely HMBoard Member
Director
1.00$0$0$0
Danielle CovelliBoard Member
Director
1.00$0$0$0
Rev Lewis MacklinSecretary/Treasurer
OfficerDirector
1.00$0$0$0
Joseph Mosca PhDChair
OfficerDirector
1.00$0$0$0

Compensation Breakdown

Schedule J detail — base, bonus, benefits, and executive perks

JOHN LUELLEN MD

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

Donald Kline

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

frank BECK DDS

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

ANTHONY SEMINARO

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

Martin Tursky

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

Michelle Crawford

Base Salary

Bonus

Other Reportable

Retirement/Deferred

Nontaxable Benefits

Governance & Compliance(Tax Year 2024)

Governance Snapshot

The Assumption Village has 3 of 6 recommended governance policies in place, including conflict of interest, whistleblower, document retention. Its board has 14 members, 11 of whom are independent.

The Assumption Village's financial statements are audited, an audit committee oversees the process.

Policies & Oversight

Conflict of interest policy
Whistleblower policy
Document retention policy
CEO compensation review process
Other officer compensation review
990 provided to governing body
Board members14
Independent members11

Audit & Financial Oversight

Financial statements audited
Independent audit
Audit committee
Federal grant audit required

Filing History(Tax Years 1946–2024)

6 records

Showing the 6 Form 990 filings currently in our system.

Tax YearFormPeriodRevenueExpensesNet Assets
2024
990
2024-01-01 – 2024-12-31$0$0$0
2023
990
2023-01-01 – 2023-12-31$190K$134K$-74
2022
990
2022-01-01 – 2022-12-31$11.5M$3.0M$-144K
2021
990
2021-01-01 – 2021-12-31$12.9M$18.0M$2.1M
2020
990
2020-01-01 – 2020-12-31$14.6M$17.0M$2.1M
2019
990
2019-01-01 – 2019-12-31$15.1M$16.8M$2.1M
1946–2018No filings acquired yet

Frequently Asked Questions

What does The Assumption Village do?

THE ASSUMPTION VILLAGE OFFERS BOTH ASSISTED LIVING AND LONG-TERM NURSING CARE FOR PATIENTS IN A COMFORTABLE AND WARM ATMOSPHERE. IT IS MEDICARE AND MEDICAID APPROVED.

How much revenue does The Assumption Village have?

The Assumption Village reported $0 in total revenue for tax year 2024, down 100.0% from the prior year.

Who is the highest-paid executive at The Assumption Village?

Donald Kline, Board Member, BSMH COO, received $2,307,102 in total compensation as of tax year 2024.

Is The Assumption Village a 501(c)(3)?

Yes, The Assumption Village is classified as a 501(c)(3) tax-exempt organization.

Where is The Assumption Village located?

The Assumption Village is headquartered in North Lima, OH 44452.

Is The Assumption Village audited?

Yes, The Assumption Village's financial statements are audited, and the organization has an audit committee.

Data Source

IRS Form 990 electronic filings via the IRS Exempt Organizations Business Master File. All financial figures are as reported in USD.

Publicly available IRS data
Verified filing records
Updated quarterly
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