K M H Homes Inc
Public records show a registered, tax-exempt organization in good standing.
What it says it does
KMH HOMES,INC. WAS ESTABLISHED IN 1991 AS A NOT FOR PROFIT CORPORATION TO HOLD THE PROPERTY AND ISSUE RELATED DEBT, TO FINANCE CONSTRUCTION OF THE PROPERTY USED BY KENMORE MERCY HOSPITAL TO OPERATE A SKILLED NURSING FACILITY. THE SOLE MEMBER OF KMH HOMES, INC. IS CATHOLIC HEALTH SYSTEM,INC. A 501(C)(3)CORPORATION LOCATED IN BUFFALO, NY.
- Income
- $823,476
- Spending
- $317,350
- Spent on programs
- 100%
- Reserves
- -139.6 months of spending
- Largest source of income
- fees for its services, 100%
- Employees
- 0
- Volunteers
- 0
- Highest pay
- $1.9 million, secretary/director (9/23)
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Financial health
Fair: 50 out of 100. Higher than 19% of charities in its peer group (community improvement, $250k to $1m).
Reserves
0 of 35Spendable reserves are negative: it owes or has committed more than it holds.
Debt
5 of 20It owes 61% of what it owns.
Living within its means
15 of 15Income exceeded spending by 61% of income.
Income trend
15 of 15Income rose 0% on the year before.
Spending floor
15 of 15100% of spending went to programs.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Governance
Fair: 66 out of 100. Higher than 37% of charities in its peer group (community improvement, $250k to $1m).
Independent board
0 of 250 of 2 voting board members are independent.
Conflict of interest policy
15 of 15Has a written conflict of interest policy.
Whistleblower policy
8 of 8Has a written whistleblower policy.
Record keeping policy
7 of 7Has a written policy on keeping and destroying records.
Board minutes
5 of 5Keeps minutes of board meetings.
Board sees the tax return
10 of 10Gave the board a copy of this return before filing it.
Pay set independently
5 of 5Sets its chief executive's pay through independent review and comparison.
Independent check of accounts
6 of 15Its accounts were not audited or reviewed by an independent accountant.
No reported misuse
10 of 10Reports no diversion of assets, excess benefits or loans to insiders.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Impact evidence
Describes programs. Its tax return describes what it does but we have found no measurable results in it.
Programs described in its return (1)
- $317,350 spent. KMH HOMES, INC. WAS ESTABLISHED IN 1991 AS A NOT-FOR PROFIT CORPORATION TO HOLD PROPERTY OPERATED BY KENMOVE MERCY HOSPITAL, AN AFFILIATED NOT-FOR-PROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAX AND DESCRIBED IN SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE, AS 160-BED SKILLED NURSING FACILITY AND ISSUE THE RELATED ACQUISITION DEBT USED TO CONSTRUCT THE FACILITY. THE SOLE MEMBER OF KMH HOMES, INC. AND KENMORE MERCY HOSPITAL IS CATHOLIC HEALTH SYSTEM, INC. A NOT-FOR-PROFIT CORPORATION EXEMPT FROM FEDERAL INCOME TAX AND DESCRIBED IN SECTION 501(C)(3)OF THE INTERNAL REVENUE CODE, LOCATED IN BUFFALO, NY. KMH HOMES, INC. ADHERES TO AND IS GOVERNED BY THE ETHICAL AND RELIGIOUS DIRECTIVES FOR CATHOLIC HEALTH SYSTEM, INC. ADOPTED BY THE UNITED STATES CONFERENCE OF CATHOLIC BISHOPS.THE SKILLED NURSING FACILITY, CONSTRUCTED, AND OWNED BY KMH HOMES, INC. PREDOMINATELY SERVESK A MEDICAID AND MEDICARE POPULATION. KMH HOMES, INC. LEASES THE PROPERTY TO KENMORE MERCY HOSPITAL. THE LEASE PAYMENTS ARE GENERALLY SUFFICIENT ONLY TO COVER RETIREMENT OF THE DEBT AND ADMINISTRATIVE EXPENSES OF KMH HOMES, INC.KMH HOMES, INC. HAS BEEN AND IS IRREVOCABLY DEDICATED TO AND OPERATED EXCLUSIVELY FOR CHARITABLE OF PROVIDING LONG-TERM HEALTH CARE FOR THE ELDERLY. KMH HOMES, INC. SUPPORT AND ENHANCES THE EFFICIENCY OF THE HEALTH-RELATED MINISTRIES OF THE CATHOLIC HEALTH SYSTEM, INC. BY OWNING, LEASING, AND MAINTAINING REAL ESTATE.
Source: Form 990 for the year ending December 31, 2024, filed with the Internal Revenue Service. Rating method 2026.2. How we rate
Legitimacy checks
Is it registered with the IRS? Passed.
Listed in the IRS master file of tax-exempt organizations as a 501(c)(3) charitable organization.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Has the IRS revoked its tax-exempt status? Worth knowing.
Status was revoked on May 15, 2013 for not filing returns for three years, and reinstated on May 15, 2013.
Source: Automatic revocation of exemption list, Internal Revenue Service, file dated October 13, 2026.
Are donations tax-deductible? Passed.
On the IRS list of organizations eligible to receive tax-deductible contributions.
Source: Publication 78 data: organizations eligible for tax-deductible contributions, Internal Revenue Service, file dated October 13, 2026.
Is it keeping up with its IRS filings? Passed.
Most recent return on file covers the year ending December 2024.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
How long has it been tax-exempt? Passed.
Recognized by the IRS since May 2015.
Source: Exempt Organizations Business Master File, Internal Revenue Service, file dated October 13, 2026.
Is it in good standing with state regulators? Passed.
Not on California's list of charities barred from soliciting. Other states are not yet checked.
Source: May Not Operate or Solicit for Charitable Purposes list, California Attorney General, Registry of Charities and Fundraisers, file dated October 21, 2026.
Ratings and checks are our reading of public records, using the published method. They are not a statement about anyone's honesty. If you work for this organization, you can send corrections or results, confirm you want gifts through Veridonate, or ask to be removed from giving.