Elim Park Baptist Home Inc
- Assets
- $97.2m
- Revenue
- $39.0m
- Investments
- $0.0
- Employees
- 520
- Location
- Cheshire, CT
- Founding
- 03/1942
- Data as of
- 09/2023
- EIN
- 06-0658099
Organization Overview
Elim Park Baptist Home Inc is located in Cheshire, CT. The organization was established in 1942. 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 09/2023, Elim Park Baptist Home Inc employed 520 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elim Park Baptist Home 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 09/2023, Elim Park Baptist Home Inc generated $39.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 4.0% each year. All expenses for the organization totaled $31.6m during the year ending 09/2023. While expenses have increased by 1.0% 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.
Since 2018, Elim Park Baptist Home Inc has awarded 18 individual grants totaling $3,235,921. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
ELIM PARK WAS FOUNDED IN 1906 BY THE SWEDISH BAPTIST CONFERENCE WITH THE MISSION TO CARE FOR AND PROVIDE A HOME OF REST FOR THE FRAIL AND ELDERLY MEMBERS OF THEIR CONFERENCE. SINCE OUR INCORPORATION, OUR MISSION HAS EXPANDED AND MATURED, AND WE ARE NO LONGER A "HOME OF REST," BUT RATHER A HOME WHERE RESIDENTS CAN FLOURISH AND LIVE ACTIVE, INSPIRED, FULFILLING LIVES. THE INTERDENOMINATIONAL NATURE OF OUR ORGANIZATION WELCOMES OLDER ADULTS OF ALL FAITHS, WITH A CARING STAFF AND CHRIST-CENTERED ENVIRONMENT THAT ALLOWS THEM TO GROW IN SPIRITUAL HEALTH AS WELL AS MEETING THEIR PHYSICAL NEEDS. OUR MISSION IS TO PROVIDE QUALITY CARE THROUGH EXCITING CULTURAL AND FITNESS PROGRAMS AND A BROAD SPECTRUM OF HEALTH SERVICES IN A CHRIST-CENTERED ENVIRONMENT. ELIM PARK LOOKS UPON ITS MISSION AS AN EXTENSION OF THE CHURCH MINISTRY WITHIN THE BAPTIST GENERAL CONFERENCE AND GIVES ADMISSION PRIORITY TO ITS MEMBERS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CONSTELLATION OF SERVICES OFFERED AT ELIM PARK HAS ENHANCED LIFE FOR OUR RESIDENTS AND CONTINUES TO MAKE A POSITIVE IMPACT ON OUR COMMUNITY. THROUGH OUR MISSION OF PROVIDING QUALITY CARE THROUGH COMPREHENSIVE WELLNESS PROGRAMS AND MEDICAL FACILITIES IN A CHRIST-CENTERED ENVIRONMENT, WE ARE ABLE TO NURTURE THE WHOLE PERSON AND FOCUS ON TOTAL WELLNESS OF MIND, BODY AND SPIRIT. OUR SUB-ACUTE CARE, SHORT-TERM REHABILITATION AND WELLNESS PROGRAMS WORK TOGETHER TO ENSURE THAT RESIDENTS ARE LEADING THE MOST PRODUCTIVE LIFESTYLES APPROPRIATE TO THEIR VARIED LEVELS OF INDEPENDENCE. SHOULD A RESIDENT'S DEPENDENCY LEVEL INCREASE, OUR SKILLED NURSING FACILITY UNIT PROVIDES A SMOOTH TRANSITION TO ON-SITE NURSING CARE.ELIM PARK'S NON-PROFIT STATUS ALLOWS US TO CHANNEL REVENUE BACK INTO PROGRAMS AND SITE IMPROVEMENTS TO ENRICH THE LIVES OF OUR RESIDENTS. BENEFITS TO THE COMMUNITY INCLUDE A BROAD SPECTRUM OF OUT-PATIENT AND THERAPEUTIC SERVICES, AQUATIC THERAPY, HOSTING COMMUNITY EVENTS, OFFERING A PROFESSIONAL ENTERTAINMENT SERIES, AND OPENING OUR CAMPUS FOR USE BY LOCAL CIVIC GROUPS AND ORGANIZATIONS.WE CONTINUE TO UPGRADE OUR PHYSICAL PLANT TO MAINTAIN THE HIGHEST SAFETY STANDARDS AND A WELCOME ENVIRONMENT. WE MAKE TECHNOLOGICAL IMPROVEMENTS WHICH CONTRIBUTE TO THE WELL-BEING AND COMFORT OF OUR RESIDENTS. WE MAINTAIN THE CHRIST-CENTERED COMMUNITY THAT OUR FOUNDING CHURCHES ENVISIONED AS THE CORNERSTONE UPON WHICH ELIM PARK CONTINUES TO GROW.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Nelson Director/immediate Past Chair | Trustee | 2 | $0 |
Geoffrey Swanson Director | Trustee | 2 | $0 |
Glenn Mason Treasurer (left March 26, 2022) | OfficerTrustee | 2 | $0 |
Roberto Ecker Chair | OfficerTrustee | 2 | $0 |
Terrence Brennan Treasurer | OfficerTrustee | 2 | $0 |
Wayne Detzler Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
S & S Wired Systems Llc Electrical And Construction | 9/29/23 | $387,927 |
Elite Electrical Llc Electrical | 9/29/23 | $277,475 |
Facilities Compliance Fire Sprinkler System | 9/29/23 | $189,870 |
Nurses Staffing Agency Llc Nurse Staffing | 9/29/23 | $244,570 |
Connor Architecture Architecture | 9/29/23 | $183,856 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $3,417,092 |
| All other contributions, gifts, grants, and similar amounts not included above | $129,437 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,546,529 |
| Total Program Service Revenue | $34,186,392 |
| Investment income | $1,252,677 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $39,464 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $39,025,062 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $659,255 |
| Grants and other assistance to domestic individuals. | $6,355 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $609,938 |
| Compensation of current officers, directors, key employees. | $609,938 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $13,191,697 |
| Pension plan accruals and contributions | $422,518 |
| Other employee benefits | $1,261,165 |
| Payroll taxes | $1,048,210 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $147,274 |
| Fees for services: Accounting | $110,881 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $26,023 |
| Fees for services: Other | $407,403 |
| Advertising and promotion | $368,887 |
| Office expenses | $331,347 |
| Information technology | $426,538 |
| Royalties | $0 |
| Occupancy | $2,241,079 |
| Travel | $29,303 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $427,067 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,824,815 |
| Insurance | $566,303 |
| All other expenses | $477,974 |
| Total functional expenses | $31,634,607 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300 |
| Savings and temporary cash investments | $7,058,576 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,518,415 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $464,687 |
| Net Land, buildings, and equipment | $52,532,451 |
| Investments—publicly traded securities | $30,720,578 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,884,307 |
| Total assets | $97,179,314 |
| Accounts payable and accrued expenses | $4,217,316 |
| Grants payable | $0 |
| Deferred revenue | $35,994,801 |
| Tax-exempt bond liabilities | $16,218,440 |
| Escrow or custodial account liability | $0 |
| 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 | $20,701,334 |
| Total liabilities | $77,131,891 |
| Net assets without donor restrictions | $18,150,098 |
| Net assets with donor restrictions | $1,897,325 |
| 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 | $97,179,314 |
Grants Awarded
Over the last fiscal year, Elim Park Baptist Home Inc has awarded $659,255 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
CHESHIRE FIRE DEPARTMENT PURPOSE: 2023 SERVICE/COMMUNITY DONATION | $232,500 |
CHESHIRE POLICE DEPARTMENT PURPOSE: 2023 SERVICE/COMMUNITY DONATION | $232,500 |
CONVERGE NORTHEAST PURPOSE: 2023 ANNUAL TITHE | $194,255 |