Public Charity

Devon Oaks Assisted Living Corporation

Devon Oaks Assisted Living Corporation, of Westlake, OH, is a Public Charity tracked in Imperigo's IRS 990 database. The 2025 filing shows $5.5M in revenue, $4.8M in expenses, $6.7M in total assets.

EIN: 341927224 Westlake, OH Senior Citizens Housing & Retirement Communities NTEE: L22 Latest filing: 2025
Total Revenue$5.5M
Total Expenses$4.8M
Total Assets$6.7M
Grant Records0
Filing Years2021–2025

Mission

We affirm the dignity and individual worth of older adults and their right to attain the highest possible quality of life. We strive to nurture and sustain their physical, emotional, intellectual, social and spiritual health. We are committed to having a community in which every member is equally respected, valued and empowered.

Where $100 goes at Devon Oaks Assisted Living Corporation

How Devon Oaks Assisted Living Corporation divides every $100 it spends, from its own Form 990 filings, averaged across 9 years.

$76 Programs the work itself
$23 Management running the organization
$1 Fundraising raising the next dollar

Inside the $76 for programs

$76
Devon Oaks is a premier Assisted Living community operating 54 assisted living units and 12 memory support units, supporting older adult residents needing assistance with activities of daily…
All program spending · Reported in the filing: 54 units; 12 units; 75 units
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Source: Form 990 filings with the IRS, latest fiscal year 2025. Shares are from the organization's reported expenses. Data by Imperigo; not affiliated with the IRS.

Officers & Directors

Trustee Alayne J Fodor
Treasurer Allen R Tracy
Secretary Glenn S Krassen
Trustee Hilton Young
Trustee James Rogerson
VP of Legal Jennifer Griveas

Officer compensation and complete director data available with membership.

Financial Trends

Year Revenue Expenses Assets
2025 $5.5M $4.8M $6.7M
2024 $6.0M $4.9M $5.9M
2023 $4.4M $4.5M $4.2M
2022 $4.6M $4.1M $46K
2021 $4.2M $3.2M $7.6M

Between 2021 and 2025, reported annual revenue grew from $4.2M to $5.5M (+32%), with total assets most recently reported at $6.7M.

Interactive year-over-year charts and full filing details available with membership.

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