Helen Porter Nursing Home Inc
- Assets
- $12.4m
- Revenue
- $13.0m
- Investments
- $0.0
- Employees
- 158
- Location
- Middlebury, VT
- Founding
- 03/1989
- Data as of
- 09/2023
- EIN
- 03-0306549
Organization Overview
Helen Porter Nursing Home Inc, operating under the name Helen Porter Rehabilitation & Nursin, is located in Middlebury, VT. The organization was established in 1989. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 09/2023, Helen Porter Rehabilitation & Nursin employed 158 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Helen Porter Rehabilitation & Nursin 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 09/2023, Helen Porter Rehabilitation & Nursin generated $13.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.9% each year. All expenses for the organization totaled $18.9m during the year ending 09/2023. While expenses have increased by 5.5% per year over the past 8 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF A 98-BED SKILLED NURSING HOME
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATED A LONG-TERM COMMUNITY ORIENTED 98 BED SKILLED NURSING HOME, CONSISTING OF 38 LONG-TERM CARE BEDS, 31 MEMORY CARE BEDS, 27 POST-ACUTE CARE BEDS, 2 END-OF-LIFE SUITES AND 1 END-OF-LIFE ROOM. THE FACILITY IS THE ONLY SKILLED NURSING FACILITY IN ADDISON COUNTY, VERMONT, AND ACCORDING TO MOST RECENT TOTALS, 65% OF RESIDENTS WERE ON MEDICAID. THE NURSING HOME PROVIDED SERVICES TO PATIENTS THAT TOTALED 31,755 RESIDENT DAYS DURING THE YEAR ENDING 9/30/2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alicia Grangent Director (as Of 1/2023) | Trustee | 1 | $0 |
Dr Kristofer Anderson Director | Trustee | 15 | $0 |
Judson Bartlett Vice Chair | OfficerTrustee | 1 | $0 |
Megan Brakely Director (as Of 1/2023) | Trustee | 1 | $0 |
Anne Collins Director | Trustee | 1 | $0 |
Sivan Cotel Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cross Country Staffing Inc Temp Staff / Traveling Nursing | 9/29/23 | $4,999,233 |
Medical Solutions Inc Temp Staff / Traveling Nursing | 9/29/23 | $1,201,300 |
Breadloaf Coporation Construction Services | 9/29/23 | $223,806 |
Lavaleebrensinger Professional As Architectural Services | 9/29/23 | $170,396 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $50,000 |
| Government grants | $168,925 |
| All other contributions, gifts, grants, and similar amounts not included above | $726,328 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $945,253 |
| Total Program Service Revenue | $11,997,468 |
| Investment income | $44,934 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,987,655 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,553 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $226,737 |
| Compensation of current officers, directors, key employees. | $24,601 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,496,768 |
| Pension plan accruals and contributions | $87,440 |
| Other employee benefits | $745,803 |
| Payroll taxes | $608,520 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $18,922 |
| Fees for services: Lobbying | $1,617 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $7,393,110 |
| Advertising and promotion | $0 |
| Office expenses | $993,732 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $301,419 |
| Travel | $5,658 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $60,849 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $255,025 |
| Insurance | $31,593 |
| All other expenses | $78,781 |
| Total functional expenses | $18,862,427 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,000 |
| Savings and temporary cash investments | $2,967,955 |
| Pledges and grants receivable | $74,398 |
| Accounts receivable, net | $5,410,298 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $19,718 |
| Prepaid expenses and deferred charges | $147,477 |
| Net Land, buildings, and equipment | $2,529,664 |
| Investments—publicly traded securities | $1,170,267 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $31,189 |
| Total assets | $12,351,966 |
| Accounts payable and accrued expenses | $1,240,508 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $2,054,477 |
| Escrow or custodial account liability | $31,189 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $21,498,537 |
| Total liabilities | $24,824,711 |
| Net assets without donor restrictions | -$13,645,512 |
| Net assets with donor restrictions | $1,172,767 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $12,351,966 |