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Sunset Retirement Communities

Toledo, OH · EIN 34-4428230 · 501(c)(3) · Publicly supported organization (170(b)(1)(A)(vi))
Latest filing: Form 990 for calendar year 2024 (tax year 2024) · View the filing · Correct or respond

Sunset Retirement Communities reported $31.6 million in revenue and $28.1 million in expenses for calendar year 2024. Of every $100 it spent, $85.74 went to program services, $14.26 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 92.6% of the total. The highest compensation it reported for one person was $747,867 (PRESIDENT/CEO). 4 people received more than $100,000 in reportable compensation. Revenue rose 56% between 2019 and 2024. Source: Form 990, 2024.

Where $100 of spending went

Calendar year 2024 · Form 990, Part IX, line 25 · total expenses $28M

For context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

Calendar year 2024 · Form 990, Part VIII · total revenue $32M

The 990 scorecard · same measures for every charity, no grades

2024 filing. Median across 3,614 covered charities in this category, from their latest filings.
Measure2024Median
Program services
Part IX 25(B) ÷ 25(A)
85.7%87.2%
Management & general
Part IX 25(C) ÷ 25(A)
14.3%11.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.3%20.6%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%2.4%
Program service revenue share
Part VIII 2g ÷ 12
92.6%70.8%
Highest reported compensation
Part VII-A, columns D–F
$747,867$274,992
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
2.66%1.18%
People paid over $100,000
Part VII, line 2
46
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
38.66.9
Independent voting board members
Part VI 1a–1b
11 of 15100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

2024 · Form 990, Part III · the three largest programs by expense
$24M expenses · 99.9% of program spending · revenue $31M

Sunset Retirement Communities provides personal care and long-term residency to elderly men and women. Care includes but is not limited to bathing, dressing, grooming, mobility and administration of medication. Accomodations include assisted living and congregate care apartments and skilled or long-term care nursing rooms. The organization provides charitable care to residents with limited financial means and who have no family or friends to care for them. In addition, the organization financially supports those who have outlived their financial assets during their residency at src, but who…

$34,555 expenses · 0.1% of program spending · grants $34,555

Generous donors have established a benevolent care fund, which offers assistance to residents who cannot pay the full cost of care. Otterbein's rich heritage has earned US a solid reputation as a trusted and valuable resource. By providing information and services on aging issues we continue to serve residents, their families and the surrounding communities. Otterbein residents and staff volunteer their time and talents at sunset but also for a number of organizations and causes in the greater community

$0 expenses · revenue −$1.3M

The organization provides nursing care to residents under the medicaid program for which the costs to provide such care exceeds reimbursement. The organization funds this difference through its operations. The shortfall is netted with program service revenue

Highest reported compensation

2024 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT/CEO
Director/trustee, officer, 2.00 hrs/week
$0$725,336$22,531$747,867
VP SR - LSC
Director/trustee, officer, 2.00 hrs/week
$0$484,061$26,770$510,831
CFO/TREASURER
Director/trustee, officer, 2.00 hrs/week
$0$437,456$24,430$461,886
VP - WORKFORCE MGMT
Highest compensated employee, 2.00 hrs/week
$0$366,772$25,912$392,684
VP CHIEF STRATEGY/DEV
Highest compensated employee, 2.00 hrs/week
$0$340,696$43,791$384,487
VP - CLINICAL QUALITY
Highest compensated employee, 2.00 hrs/week
$0$289,427$50,010$339,437
VP - MKTG - COMMUNICATIONS
Highest compensated employee, 2.00 hrs/week
$0$293,395$24,644$318,039
VP NEIGHBORHOODS
Highest compensated employee, 2.00 hrs/week
$0$253,155$23,475$276,630

4 people received more than $100,000 in reportable compensation from Sunset Retirement Communities (Part VII, line 2). Compensation of current officers, directors and key employees totaled $328K (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40M201920202021202220232024$32M$28M
FilingRevenueExpensesProgramsNet assetsTop pay
2024 ⓘ$32M$28M85.7%$90M$747,867
2023 ⓘ$28M$26M84.5%$83M$656,960
2022 ⓘ$28M$23M84.5%$77M$2,612,014
2021 ⓘ$25M$20M82.7%$85M$551,412
2020 (amended) ⓘ$36M$21M83.1%$78M$501,451
2019 ⓘ$20M$20M82.2%$59M$219,493

Governance answers, as filed

2024 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b15 · 11 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5491
  • Volunteers Part I, line 623

Private foundation grants it received

6 private foundations reported grants to Sunset Retirement Communities totaling $33,131 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.

Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.

Correct a figure or respond

Every number above is copied from Sunset Retirement Communities's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Sunset Retirement Communities, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All human services charities · Largest charities in Ohio

Questions people ask

How much of Sunset Retirement Communities's spending goes to programs?

In calendar year 2024, Sunset Retirement Communities reported that 85.7% of its $28.1 million in expenses went to program services, 14.3% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Sunset Retirement Communities pay its top executive?

The largest total compensation Sunset Retirement Communities reported for one person in calendar year 2024 was $747,867, for the role of PRESIDENT/CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Sunset Retirement Communities get its money?

Of $31.6 million in revenue in calendar year 2024, 0.3% came from contributions and grants and 92.6% from program service revenue (Form 990, Part VIII).

Is Sunset Retirement Communities a registered charity?

The IRS lists EIN 34-4428230 as a 501(c)(3) organization (publicly supported organization (170(b)(1)(a)(vi))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • 2024: Form 990 for calendar year 2024, object 202513169349305186 · read the filing · XML
  • 2023: Form 990 for calendar year 2023, object 202443209349314954 · read the filing
  • 2022: Form 990 for calendar year 2022, object 202323189349303217 · read the filing
  • 2021: Form 990 for calendar year 2021, object 202233199349329543 · read the filing
  • 2020: Form 990 for calendar year 2020 (amended), object 202133239349300333 · read the filing
  • 2019: Form 990 for calendar year 2019, object 202003009349300740 · read the filing

All filings for EIN 34-4428230: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.