Our Lady of Victory Renaissance Corporation
We are a healthcare system in Western New York. Our hospitals are Kenmore Mercy, Mercy, Sisters of Charity, St. Joseph Campus and Mount St. Mary's. Catholic Health is a non-profit healthcare system in Buffalo, NY, providing care to Western New Yorkers across a network of hospitals, primary care centers, imaging centers, and several other community facilities. THE MISSION OF OUL LADY OF VICTORY, AS PART OF THE CATHOLIC HEALTH SYSTEM (CHS) IN WESTERN NEW YORK, IS TO PROVIDE QUALITY HEALTHCARE SERVICES IN A LONG TERM CARE SETTING. COMMITTED TO A COMMON MISSION, THE PROVIDERS OF OUR LADY OF VICTORY CONTINUE THE HEALING MINISTRY OF JESUS, SEEKING TO IMPROVE THE HEALTH OF INDIVIDUALS AND COMMUNITIES. WE PROVIDE HIGH QUALITY SERVICE THAT HAS REVERENCE, COMPASSION, JUSTICE, AND EXCELLENCE. THE 2023 COMMUNITY SERVICE PLAN CAN BE FOUND AT HTTPS://WWW.CHSBUFFALO.ORG/ABOUT-US/COMMUNITY
Our Lady of Victory Renaissance Corporation
Our Lady of Victory Renaissance Corporation is a nonprofit organization operating in Buffalo, New York, as part of the Catholic Health System (CHS) in Western New York. The organization is dedicated to providing quality healthcare services in a long-term care setting.
Mission and Services
The corporation's mission aligns with the broader goals of the CHS, focusing on enhancing the health of individuals and communities through healthcare services characterized by reverence, compassion, justice, and excellence. It operates a comprehensive facility known as the Our Lady of Victory Senior Neighborhood. This facility includes:
- Low/Moderate Income Senior Apartments: Financed by Low-Income Housing Tax Credits, offering living options for seniors.
- Skilled Nursing Facility: Provides specialized care for those requiring medical support.
- Program of All-Inclusive Care for the Elderly (PACE): A comprehensive program designed to support the health needs of the elderly.
Financial Overview
As of 2023, the organization reported a total revenue of approximately $3.96 million, with expenses reaching $4.31 million. Its total assets stood at $13.3 million, while liabilities were $8.22 million[1]. Revenue primarily comes from program services, accounting for about 98.5% of total income[1].
Governance and Ratings
Our Lady of Victory Renaissance Corporation is a registered 501(c)(3) nonprofit, making donations to the organization tax-deductible[2]. While it has received a Two-Star rating from Charity Navigator, the organization has been recognized for its effective allocation of resources toward its program expenses. However, it faces challenges related to governance and transparency, such as lacking a majority of independent board members and not fully complying with transparency requirements[2].
History
Although not directly founded by it, the project's roots are tied to the history of Our Lady of Victory Hospital, which was established in 1920 by Father Nelson Baker. After becoming part of Catholic Health, the facility was renovated into the Our Lady of Victory Senior Neighborhood in 2008, offering a range of services tailored to seniors[3]. The corporation itself was formally established in 2003[2].
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Our Lady of Victory Renaissance Corporation
⭐ Our exceptional, 5-star rated long-term care teams work tirelessly to provide quality care to our residents and support families throughout WNY. 💙 With unwavering dedication, they bring warmth and expertise, ensuring that those in need receive not just care, but companionship. Thank you for making our community brighter with your kindness and commitment.
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