Civic Intelligence

Redeemer Village

990 • Fiscal year 2017 • EIN 23-2091414

Oct 01, 2016 to Sep 30, 2017 • Filed on May 01, 2018

1551 Huntingdon PikeHuntingdon Valley, PA 19006

(215) 938-7855

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

97th percentile

1.58x

Higher debt load relative to assets than 97% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Liabilities / Revenue

97th percentile

8.44x

Higher debt load relative to revenue than 97% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Net Margin

100th percentile

100%

Higher net margin than 100% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Top Officer Pay

99th percentile

$944,183

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 349.5% of source-year revenue.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Source year 2017

Asset Growth

21st percentile

-4.2%

Faster asset growth than 21% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Revenue Growth

91st percentile

78%

Faster revenue growth than 91% of similar nonprofits.

2017 filings • 501(c)3 • $1M-$5M nonprofits • Annualized from 2016 to 2017

Assets

Down

$1,442,316

Down $63,354 (-4.2%) from 2016

Net Assets

Up

-$838,919

Up $270,149 (+24%) from 2016

Liabilities

Down

$2,281,235

Down $333,503 (-13%) from 2016

Revenue

Up

$270,149

Up $118,432 (+78%) from 2016

Expenses

Flat

$0

Flat from 2016

Net Income

Up

$270,149

Up $118,432 (+78%) from 2016

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$15M$10M$5.0M$0-$5.0MAssets 2010: $2,389,777Liabilities 2010: $4,042,250Net Assets 2010: -$1,652,4732010Assets 2011: $2,231,898Liabilities 2011: $3,826,678Net Assets 2011: -$1,594,7802011Assets 2012: $2,081,533Liabilities 2012: $3,596,616Net Assets 2012: -$1,515,0832012Assets 2013: $1,882,499Liabilities 2013: $3,312,604Net Assets 2013: -$1,430,1052013Assets 2014: $1,696,375Liabilities 2014: $3,025,210Net Assets 2014: -$1,328,8352014Assets 2015: $1,583,168Liabilities 2015: $2,843,953Net Assets 2015: -$1,260,7852015Assets 2016: $1,505,670Liabilities 2016: $2,614,738Net Assets 2016: -$1,109,0682016Assets 2017: $1,442,316Liabilities 2017: $2,281,235Net Assets 2017: -$838,9192017Assets 2018: $1,406,969Liabilities 2018: $1,936,345Net Assets 2018: -$529,3762018Assets 2019: $1,364,764Liabilities 2019: $1,502,011Net Assets 2019: -$137,2472019Assets 2020: $1,416,500Liabilities 2020: $1,042,502Net Assets 2020: $373,9982020Assets 2021: $1,430,260Liabilities 2021: $535,297Net Assets 2021: $894,9632021Assets 2022: $14,356,700Liabilities 2022: $811,422Net Assets 2022: $13,545,2782022Assets 2023: $12,690,584Liabilities 2023: $491,705Net Assets 2023: $12,198,8792023Assets 2024: $12,933,804Liabilities 2024: -$1,559Net Assets 2024: $12,935,3632024

Highlighted filing

2017

Assets$1,442,316
Liabilities$2,281,235
Net Assets-$838,919

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$15M$10M$5.0M$0-$5.0MExpenses 2010: $02010Expenses 2011: $02011Expenses 2012: $02012Expenses 2013: $02013Revenue 2014: $101,270Expenses 2014: $0Net Income 2014: $101,2702014Revenue 2015: $68,050Expenses 2015: $0Net Income 2015: $68,0502015Revenue 2016: $151,717Expenses 2016: $0Net Income 2016: $151,7172016Revenue 2017: $270,149Expenses 2017: $0Net Income 2017: $270,1492017Revenue 2018: $1,564,928Expenses 2018: $1,255,385Net Income 2018: $309,5432018Revenue 2019: $1,615,019Expenses 2019: $1,222,890Net Income 2019: $392,1292019Revenue 2020: $1,647,046Expenses 2020: $1,135,801Net Income 2020: $511,2452020Revenue 2021: $1,613,163Expenses 2021: $1,092,198Net Income 2021: $520,9652021Revenue 2022: $14,141,572Expenses 2022: $1,491,257Net Income 2022: $12,650,3152022Revenue 2023: $633,368Expenses 2023: -$20,233Net Income 2023: $653,6012023Revenue 2024: $765,586Expenses 2024: $9,340Net Income 2024: $756,2462024

Highlighted filing

2017

Revenue$270,149
Expenses$0
Net Income$270,149
Jump To
Filing Snapshot
Filing Period
Oct 1, 2016 to Sep 30, 2017
Signed
May 1, 2018
Return Version
2016v3.0
Gross Receipts
$1,559,709
Mission and Program Overview

Mission

To provide a low-income, hud-subsidized independent living community for individuals aged 62 and above, and/or disabled individuals, who meet hud income requirements.

The Corporation was formed for the purpose of constructing and operating rental housing units for low income elderly/disabled individuals. The Corporation maintains 150 housing units, regulated by HUD, Part I, line 6.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$810,859$767,848▼ $43,011
Savings and Temporary Cash Investments$509,257$515,432▲ $6,175
Prepaid Expenses and Deferred Charges$41,088$42,307▲ $1,219
Accounts Receivable$4,535$34,823▲ $30,288
Cash and Non-Interest-Bearing Accounts$72,204$12,398▼ $59,806
Total Assets$1,505,670$1,442,316▼ $63,354
Other Assets Total$67,727$69,508▲ $1,781
Liabilities
Mortgage Notes Payable Secured by Investment Property$2,113,900$1,745,476▼ $368,424
Accounts Payable and Accrued Expenses$433,111$466,249▲ $33,138
Other Liabilities$67,727$69,510▲ $1,783
Total Liabilities$2,614,738$2,281,235▼ $333,503
Net Assets / Fund Balance
Unrestricted Net Assets$-1,109,068$-838,919▲ $270,149
Total Net Assets Fund Balance$-1,109,068$-838,919▲ $270,149
Total Liabilities and Net Assets / Fund Balance$1,505,670$1,442,316▼ $63,354

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$358,870$6,832,409$7,191,279
Equipment$113,304$755,955$869,259
Land$228,765-$228,765
Other Land Buildings$66,909$110,961$177,870
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Joseph MunizzaAsst. SecretaryPT$104,858$22,150$127,008
Dolores TorsitanoCorp Secretary--$98,368$98,368

Board Members and Trustees

NameTitle
William R Sasso EsqChairman
Michael B LaignPresident, Board Member
James K PaulBoard Member
Marc CrespiBoard Member
S Nicholas LezziBoard Member
Donald F FrielExec VP, Asst. Treasurer
Russell R WagnerExec VP, Treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$59,086
Program Service Revenue
$0
Investment Income
$769
Other Revenue
$210,294
Change in Net Assets
$270,149

Audited Revenue Reconciliation

Revenue per Audited Statements
$270,149
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,289,560
Total Revenue per Audited Statements
$1,559,709
Total Revenue per Form 990
$270,149
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$0
Other Expenses$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Audited Expense Reconciliation

Line ItemAmount
Expenses Not Reported on Form 990$1,289,560
Total Expenses per Audited Statements$1,289,560
Expenses Not Reported on Financial Statements$0
Expenses per Audited Statements$0
Total Expenses per Form 990$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
William Sasso EsqBoard ChairpersonPerson is a Partner of legal firm doing business with Holy Redeemer Health System and related organizations.No-
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
TENANTS' SECURITY DEPOSIT$68,889
Resident Fund Interest$621
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, line 6

HOLY REDEEMER HEALTH SYSTEM, a related organization, is a member with reserve powers.

Form 990, Part VI, Section A, line 7A

HOLY REDEEMER HEALTH SYSTEM, a related organization, is a member which had the power to elect or appoint one or more members of the governing body.

Form 990, Part VI, Section A, line 7B

HOLY REDEEMER HEALTH SYSTEM, a related organization, is a member with reserve powers over governance decisions of the organization.

Form 990, Part VI, Section B, line 11B

A copy of Form 990 (pdf format) is published in a secure internal website prior to filing. Members and officers of the governing body are notified by email, and each are issued an individual access code to retrieve the Form 990. They are given two weeks to review, question, and comment on the Form 990.

Form 990, Part VI, Section B, line 12C

The organization regularly and consistently monitors, and enforces compliance to our conflict of interest policy. All officers, directors, and key employees reviews, acknowledge and sign annually, the organizations Conflict of Interest Policy statement. All are required to disclose annually any interests that could give rise to conflicts.

Form 990, Part VI, Section B, line 15

The Holy Redeemer Health System Board of Trustees through the committee that oversees executive and physician compensation periodically engages the services of Integrated Healthcare Strategies, a consulting firm with expertise in health care executive compensation, to review the external market data. The market data provides comparable compensation levels based on geography, revenue size and other factors to determine a market range for each executive. The results of their findings are shared directly with the Governance and Leadership committee of the Board of Trustees.

Form 990, Part VI, Section C, line 19

The Holy Redeemer Health Systems consolidated financial statements are available on DAC Bonds quarterly report. The organization's Form 990, financial statements, conflicts of interest policy and governing documents are made available to the public upon request. These are made available to individuals that makes a request in person, immediately after completing and signing a formal request form identifying themselves, providing their addresses and signing the form. All other written requests via mail or email from individuals, foundations or government agencies are honored within 30 days of receipt. Notice of annual public meeting of the corporation is advertised in local newspapers.

Form 990, Part VII, Section A

All compensation informations to all listed compensated persons in this section, due to "Common Paymaster" agreement with the Internal Revenue Service were reported under the Holy Redeemer Health Systems tax id #23-1534300 (also a related non-profit organization).

Form 990, Part VII, Section B

The Holy Redeemer Health System has a centralized and consolidated accounts payable processing for all related organizations listed in Schedule R. Payments for services and materials rendered to all the related organizations, including Redeemer Village I, were consolidated and reported in Form 1099 to the Internal Revenue Service under the Holy Redeemer Health System tax id #23-1534300.

Filing and Contact Details

Filer

Filer Name
Redeemer Village
EIN
23-2091414
Phone
2159387855
Address
1551 Huntingdon Pike, Huntingdon Valley, PA 19006

Signing Officer

Name
Russell R Wagner
Title
Exec VP, Treasurer
Phone
2158561114
Signed
2018-05-01

Organization Details

Principal Officer
Russell R Wagner
Formed
1977
Legal Domicile
Pa
Voting Board Members
5
Independent Board Members
4
Employees
0
Volunteers
0
Supplemental Narrative

Additional Explanations

Form 990, Part XII, Line 2C

The process and responsibility for oversight of the audit of financial statements and selection of independent accountant remain with the Legal and Audit Committee of the Board of Holy Redeemer Health System, and remains the same as in the previous year.

Financial Statement Notes

Part X, Line 2:

Holy Redeemer Health System follows the guidance in the accounting standards regarding the recognition and measurement of uncertain tax positions. The guidance clarifies the accounting for uncertainty in income taxes recognized in an entitys financial statements. The guidance further prescribes recognition and measurement of tax provisions taken or expected to be taken on a tax return that are not certain to be realized. The application of this standard has no impact on Holy Redeemers consolidated financial statements. Holy Redeemers tax returns are subject to review and examination by federal, state and local authorities. The tax returns for the years 2014 through 2016 are open to examination by federal, state and local authorities. With the exception of the Holy Redeemer Ambulatory Surgery Center (ASC) and Holy Redeemer Active and Retirement Living (HRARL, Inc.), all entities are not-for-profit corporations as described in section 501(c)(3) of the internal revenue code. In conformity with the internal revenue code and applicable state and local tax statutes, taxable income or loss of the ASC is required to be reported in the tax returns of the owners and, accordingly, no provision has been made in the accompanying consolidated financial statements for any federal, state, or local income taxes.

Part XI, Line 2D - Other Adjustments:

Expenses

Part XII, Line 2D - Other Adjustments:

RENTAL EXPENSES

Schedule D, Part XI, Line 2D

Line 2D amount is the total expenses related to operation of the rental property.

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This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

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IRS990/OtherRevenueMiscGrp/Desc1BARBER/HAIRDRESSER
IRS990/OtherRevenueMiscGrp/Desc2MISCELLANEOUS REVENUE
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt012178
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt11200
IRS990/OtherRevenueMiscGrp/RelatedOrExemptFuncIncomeAmt2423
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt012178
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt11200
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt2423
IRS990/OtherRevenueTotalAmt013801
IRS990/PartialLiquidationInd00
IRS990/PayPremiumsPrsnlBnftCntrctInd00
IRS990/PoliticalCampaignActyInd00
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt041088
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt042307
IRS990/PrincipalOfficerNm0RUSSELL R WAGNER
IRS990/ProfessionalFundraisingInd00
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt053180
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt00
IRS990/PYInvestmentIncomeAmt01160
IRS990/PYOtherExpensesAmt00
IRS990/PYOtherRevenueAmt097377
IRS990/PYProgramServiceRevenueAmt00
IRS990/PYRevenuesLessExpensesAmt0151717
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt00
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0151717
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0270149
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/RentalIncomeOrLossGrp/RealAmt0196493
IRS990/ReportInvestmentsOtherSecInd00
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt0509257
IRS990/SavingsAndTempCashInvstGrp/EOYAmt0515432
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0909138
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0894384
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0888193
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0872194
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0938662
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt04502571
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt0769
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt01159
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt01073
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt01167
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt01355
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt05523
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0576915
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0576019
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0565561
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0567759
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt0533691
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt02819945
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt0769
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt01159
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt01073
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt01167
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt01355
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt05523
IRS990ScheduleA/InvestmentIncomeCYPct00.00070
IRS990ScheduleA/InvestmentIncomePYPct00.00090
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt072886
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt065933
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt062740
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt064305
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt063417
IRS990ScheduleA/OtherIncome509Grp/TotalAmt0329281
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.95630
IRS990ScheduleA/PublicSupportPY509Pct00.95810
IRS990ScheduleA/PublicSupportTotal509Amt07322516
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01486053
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01470403
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01453754
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01439953
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01472353
IRS990ScheduleA/Total509Grp/TotalAmt07322516
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01559708
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01537495
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01517567
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01505425
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01537125
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07657320
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt0358870
IRS990ScheduleD/BuildingsGrp/DepreciationAmt06832409
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07191279
IRS990ScheduleD/EquipmentGrp/BookValueAmt0113304
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0755955
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0869259
IRS990ScheduleD/ExpensesNotReportedAmt01289560
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt00
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0228765
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0228765
IRS990ScheduleD/OtherExpensesIncludedAmt01289560
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt066909
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0110961
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0177870
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt0621
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt168889
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0RESIDENT FUND INTEREST
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1TENANTS' SECURITY DEPOSIT
IRS990ScheduleD/OtherRevenueAmt01289560
IRS990ScheduleD/RevenueNotReportedAmt01289560
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0270149
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0Holy Redeemer Health System follows the guidance in the accounting standards regarding the recognition and measurement of uncertain tax positions. The guidance clarifies the accounting for uncertainty in income taxes recognized in an entitys financial statements. The guidance further prescribes recognition and measurement of tax provisions taken or expected to be taken on a tax return that are not certain to be realized. The application of this standard has no impact on Holy Redeemers consolidated financial statements. Holy Redeemers tax returns are subject to review and examination by federal, state and local authorities. The tax returns for the years 2014 through 2016 are open to examination by federal, state and local authorities. With the exception of the Holy Redeemer Ambulatory Surgery Center (ASC) and Holy Redeemer Active and Retirement Living (HRARL, Inc.), all entities are not-for-profit corporations as described in section 501(c)(3) of the internal revenue code. In conformity with the internal revenue code and applicable state and local tax statutes, taxable income or loss of the ASC is required to be reported in the tax returns of the owners and, accordingly, no provision has been made in the accompanying consolidated financial statements for any federal, state, or local income taxes.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1Expenses
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt2RENTAL EXPENSES
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt3Line 2D amount is the total expenses related to operation of the rental property.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part X, Line 2:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part XI, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc2Part XII, Line 2d - Other Adjustments:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc3Schedule D, Part XI, Line 2d
IRS990ScheduleD/TotalBookValueLandBuildingsAmt0767848
IRS990ScheduleD/TotalExpensesPerForm990Amt00
IRS990ScheduleD/TotalLiabilityAmt069510
IRS990ScheduleD/TotalRevenuePerForm990Amt0270149
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt01559709
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt01289560
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/BoardOrCommitteeApprovalInd0X
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/CompensationCommitteeInd0X
IRS990ScheduleJ/CompensationSurveyInd0X
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/Form990OfOtherOrganizationsInd0X
IRS990ScheduleJ/IndependentConsultantInd0X
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt170078
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt263164
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0646124
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1359305
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2291325
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt072772
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt188503
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt276349
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt06802
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt16021
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt27415
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt0218485
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt159016
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt253092
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0MICHAEL B LAIGN
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1RUSSELL R WAGNER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm2DONALD F FRIEL
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0PRESIDENT, BOARD MEMBER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1EXEC VP, TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt2EXEC VP, ASST. TREASURER
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0944183

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$12.9$0.00$12.9$0.77$0.01$0.76
2023Summary only. Only limited summary data is available for this year.$12.7$0.49$12.2$0.63$0.02$0.65
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$14.4$0.81$13.5$14.1$1.49$12.7
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$1.43$0.54$0.89$1.61$1.09$0.52
2020Summary only. Only limited summary data is available for this year.$1.42$1.04$0.37$1.65$1.14$0.51
2019Summary only. Only limited summary data is available for this year.$1.36$1.50$0.14$1.62$1.22$0.39
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.41$1.94$0.53$1.56$1.26$0.31
2017Detailed filing. Detailed filing data is available for this year.$1.44$2.28$0.84$0.27$0.00$0.27
2016Detailed filing. Detailed filing data is available for this year.$1.51$2.61$1.11$0.15$0.00$0.15
2015Detailed filing. Detailed filing data is available for this year.$1.58$2.84$1.26$0.07$0.00$0.07
2014Detailed filing. Detailed filing data is available for this year.$1.70$3.03$1.33$0.10$0.00$0.10
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.88$3.31$1.43$0.00
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.08$3.60$1.52$0.00
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.23$3.83$1.59$0.00
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.39$4.04$1.65$0.00