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← VINCENTIAN REGENCY

Form 990 for tax year 2024

Filed by VINCENTIAN REGENCY.

Totals

Total revenue
$3,050,038
Total expenses
$2,135,537
Contributions and grants received
$0
Grants paid
$0
Program service revenue
$2,952,702
Investment income
$10,234
Other revenue
$87,102
Total assets, end of year
$24,231,387
Total liabilities, end of year
$23,471,820
Net assets or fund balances, end of year
$759,567
Program services expenses (Part IX)
$1,751,726
Management and general expenses
$383,811
Fundraising expenses
$0
Program service expenses (Part III)
$1,751,726

Program services were 82.0% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Line items

Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.

Revenue

Part VIII, the statement of revenue.

  • 2a · Program service revenue: RESIDENT SERVICES

    total $2,952,210 · related or exempt $2,952,210

  • 2b · Program service revenue: OTHER REVENUE

    total $492 · related or exempt $492

  • 3 · Investment income

    total $1,234 · excluded $1,234

  • 7a · Gross sales of assets other than inventory

    other assets $9,000

  • 7b · Less cost or other basis and sales expenses

    other assets $0

  • 7c · Gain or loss

    other assets $9,000

  • 7d · Net gain or loss

    total $9,000 · excluded $9,000

  • 11a · Other revenue: MISC OTHER REVENUE

    total $87,102 · related or exempt $87,102

  • 11e · Other revenue, total

    $87,102

Functional expenses

Part IX, the statement of functional expenses.

  • 7 · Other salaries and wages

    total $245,970 · program services $170,034 · management and general $75,936

  • 9 · Other employee benefits

    total $2,632 · program services $2,698 · management and general -$66

  • 10 · Payroll taxes

    total $18,256 · program services $12,772 · management and general $5,484

  • 11a · Fees: management

    total $163,273 · management and general $163,273

  • 11g · Fees: other

    total $99,897 · program services $61,604 · management and general $38,293

  • 12 · Advertising and promotion

    total $7,556 · program services $7,556

  • 13 · Office expenses

    total $71,781 · program services $24,849 · management and general $46,932

  • 14 · Information technology

    total $1,485 · program services $1,485

  • 16 · Occupancy

    total $390,933 · program services $390,933

  • 17 · Travel

    total $582 · program services $582

  • 19 · Conferences, conventions and meetings

    total $1,217 · program services $1,195 · management and general $22

  • 20 · Interest

    total $300,386 · program services $300,386

  • 22 · Depreciation, depletion and amortization

    total $724,130 · program services $724,130

  • 23 · Insurance

    total $44,626 · management and general $44,626

  • 24a · Other expenses: RESIDENT EXPENSE

    total $34,812 · program services $33,980 · management and general $832

  • 24b · Other expenses: GROUNDS MAINTENANCE

    total $19,005 · program services $18,712 · management and general $293

  • 24c · Other expenses: MISCELLANEOUS

    total $8,739 · program services $810 · management and general $7,929

  • 24d · Other expenses: SPECIAL EVENTS

    total $257 · management and general $257

Balance sheet

Part X, book values.

  • 1 · Cash, non-interest-bearing

    end of year -$1

  • 4 · Accounts receivable

    beginning of year -$121,885 · end of year -$98,196

  • 9 · Prepaid expenses and deferred charges

    beginning of year $192,827 · end of year $148,260

  • 10a · Land, buildings and equipment: cost or other basis

    $23,021,029

  • 10b · Land, buildings and equipment: accumulated depreciation

    $3,813,816

  • 10c · Land, buildings and equipment, net

    beginning of year $19,819,085 · end of year $19,207,213

  • 15 · Other assets

    beginning of year $4,349,517 · end of year $4,974,111

  • 17 · Accounts payable and accrued expenses

    beginning of year $41,388 · end of year $57,095

  • 19 · Deferred revenue

    beginning of year $1,780,303 · end of year $1,793,756

  • 23 · Secured mortgages and notes payable

    beginning of year $13,129,358 · end of year $0

  • 25 · Other liabilities

    beginning of year $9,444,429 · end of year $21,620,969

  • 27 · Net assets without donor restrictions

    beginning of year -$199,863 · end of year $759,567

  • 28 · Net assets with donor restrictions

    beginning of year $43,929 · end of year $0

Mission and programs · 2024

Mission

VINCENTIAN REGENCY (DBA TERRACE PLACE AT VINCENTIAN) IS PART OF THE LARGER VINCENTIAN COLLABORATIVE SYSTEM MINISTRIES, WHOSE MISSION STATEMENT IS: "COMPELLED BY THE LOVE OF CHRIST, VINCENTIAN COLLABORATIVE SYSTEM NURTURES AND SUSTAINS A MINISTRY OF COMPASSIONATE CARE THAT PRESERVES THE HUMAN DIGNITY OF PERSONS WITHIN A DIVERSE AND CHANGING SOCIETY."

Activities or mission (Part I)

VINCENTIAN COLLABORATIVE SYSTEM IS A CATHOLIC HEALTH AND HUMAN SERVICES ORGANIZATION HEADQUARTERED IN THE NORTH HILLS OF PITTSBURGH THAT OFFERS A CONTINUUM OF HIGHLY-RATED SENIOR CARE SERVICES AT MULTIPLE LOCATIONS ACROSS ALLEGHENY COUNTY, INCLUDING INDEPENDENT LIVING, SKILLED NURSING, SHORT TERM REHABILITATION, LONG TERM CARE, PERSONAL CARE AND MEMORY CARE, AND OPERATES A CHILD DEVELOPMENT CENTER. EACH YEAR, VINCENTIAN COLLABORATIVE SYSTEM PROVIDES MORE THAN $7 MILLION IN BENEVOLENT CARE, SERVES MORE THAN 1,000 OLDER ADULTS, SERVES MORE THAN 250 CHILDREN AND WORKING FAMILIES, AND PROVIDES EMPLOYMENT TO APPROXIMATELY 425 PEOPLE. VINCENTIAN'S MISSION STATEMENT IS: "COMPELLED BY THE LOVE OF CHRIST, VINCENTIAN COLLABORATIVE SYSTEM NURTURES AND SUSTAINS A MINISTRY OF COMPASSIONATE CARE THAT PRESERVES THE HUMAN DIGNITY OF PERSONS WITHIN A DIVERSE AND CHANGING SOCIETY."

  • VINCENTIAN REGENCY (DBA TERRACE PLACE AT VINCENTIAN) IS AN INDEPENDENT LIVING SENIOR COMMUNITY IN PITTSBURGH'S NORTH HILLS THAT IS INTENTIONALLY DESIGNED FOR ACTIVE ADULTS 55+, WITH HASSLE-FREE MAINTENANCE AND OTHER AMENITIES AVAILABLE. TERRACE PLACE AT VINCENTIAN PROVIDES AMENITIES LIKE MAINTENANCE-FREE LIVING, TRANSPORTATION, ACCESS TO PURCHASE OF DAILY MEALS, AND LIFE ENRICHMENT PROGRAMMING FOR ACTIVE OLDER ADULTS. RESIDENTS MAY CHOOSE TO BE PART OF A CONTINUING CARE RETIREMENT COMMUNITY (CCRC) WITH VINCENTIAN HOME.

    Expenses $1,751,726 · Revenue $3,039,804

As filed on the 2024 return. The filer continues this part on Schedule O, which is not shown here.

Listed in Part VII

  • Amy Strano

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    0.3 + 2.1 related

  • Dean Owrey

    PRESIDENT, CEO

    Total calculated
    $338,950
    From this org
    $0
    From related orgs
    $327,711
    Other
    $11,239
    Hours/week
    10 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $327,711 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $11,239 related
    Filer's total
    $0 + $338,950 related

  • Debra Wolf

    CHAIR

    Total calculated
    $0
    Hours/week
    0.3 + 2.1 related

  • Elaine Bellin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3 + 2.1 related

  • Kathleen English

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3 + 2.1 related

  • Rachel Wall

    SECRETARY

    Total calculated
    $0
    Hours/week
    0.3 + 2.1 related

  • Sr Antionette Severin

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3 + 2.1 related

  • Sr Christine Beckett

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3 + 2.1 related

  • Terry Hart

    TREASURER

    Total calculated
    $0
    Hours/week
    0.3 + 2.1 related

  • Thomas Baker

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3 + 2.1 related

  • Craig Ball

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3 + 2.1 related

  • Marvin Devers

    DIRECTOR

    Total calculated
    $0
    Hours/week
    0.3 + 2.1 related

  • Patricia Embree

    COO

    Total calculated
    $274,341
    From this org
    $0
    From related orgs
    $265,046
    Other
    $9,295
    Hours/week
    5 + 44 related

    Schedule J breakdown matched by us

    Base
    $0 + $265,046 related
    Bonus
    $0
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $9,295 related
    Filer's total
    $0 + $274,341 related

  • Laurie Cannella

    CNO & VP CLINICAL EXCELLENCE

    Total calculated
    $196,893
    From this org
    $0
    From related orgs
    $187,634
    Other
    $9,259
    Hours/week
    5 + 44 related

    Schedule J breakdown matched by us

    Base
    $0 + $187,407 related
    Bonus
    $0 + $227 related
    Other
    $0
    Deferred
    $0
    Nontaxable benefits
    $0 + $9,259 related
    Filer's total
    $0 + $196,893 related

Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.

Schedule J

Answered yes

  • 3 · Compensation committee
  • 3 · Written employment contract
  • 3 · Compensation survey or study
  • 3 · Approval by the board or compensation committee

Answered no

  • 4a · Severance or change-of-control payment
  • 4b · Supplemental nonqualified retirement plan
  • 4c · Equity-based compensation arrangement
  • 5a · Pay contingent on this organization's revenues
  • 5b · Pay contingent on a related organization's revenues
  • 6a · Pay contingent on this organization's net earnings
  • 6b · Pay contingent on a related organization's net earnings
  • 7 · Other non-fixed payments
  • 8 · Paid under the initial-contract exception

Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.

Grants on this return

No itemized grants to organizations on this return.

Related organizations on this return

Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.

Provenance

Return type
form_990
Tax year
2024
Filed
22 April 2026
IRS schema version
2024v5.5
Source object
202601259349303400

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