Vernon Continuing Care Homes Inc

Organization Overview

Vernon Continuing Care Homes Inc is located in Kittery, ME. The organization was established in 1992. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 12/2021, Vernon Continuing Care Homes Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vernon Continuing Care Homes Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 12/2021, Vernon Continuing Care Homes Inc generated $1.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $1.2m during the year ending 12/2021. While expenses have increased by 1.7% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

CONTINUING CARE FOR THE ELDERLY

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE HOME IS DEVOTED TO ESTABLISHING A CONTINUING CARE HOME FOR THE ELDERLY.


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Board, Officers & Key Employees

Name (title)Compensation
Larry Knowles
Executive Di
$122,095
Glenda Dwyer
Chairman
$0
Judy Jewett
Recorder
$0
Scott Towle
Treasurer
$0
Rev David Alves
Board Member
$0
Rev Bruce Burks
Board Member
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$28,650
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$5,461
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$34,111
Total Program Service Revenue$1,304,415
Investment income $36,916
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $78,053
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,453,495

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