Abes Garden
- Assets
- $43.4m
- Revenue
- $19.0m
- Investments
- $0.0
- Employees
- 222
- Location
- Nashville, TN
- Founding
- 11/2008
- Data as of
- 12/2022
- EIN
- 06-1818302
Organization Overview
Abes Garden is located in Nashville, TN. The organization was established in 2008. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 12/2022, Abes Garden employed 222 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Abes Garden 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 12/2022, Abes Garden generated $19.0m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 10.9% each year . All expenses for the organization totaled $11.4m during the year ending 12/2022. While expenses have increased by 2.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
A REPLICABLE MODEL FOR SENIOR LIFE THAT IS FOCUSED ON BRAIN HEALTH, WELLNESS AND PURPOSEFUL LIVING
Describe the Organization's Program Activity:
Part 3 - Line 4a
ABE'S GARDEN PROVIDES PERSONAL SUPPORT, SOCIALIZATION, AND AN IMPROVED QUALITY OF LIFE FOR PEOPLE LIVING ON THE RESIDENTIAL CAMPUS OR IN THEIR HOME. IN OUR RESIDENTIAL MEMORY SUPPORT, WE HAD OVER 15,000 RESIDENTIAL NIGHTS. IN ASSISTED LIVING WE HAD OVER 7,000 RESIDENTIAL NIGHTS, AND OUR INDEPENDENT LIVING HAD OVER 21,000 RESIDENTIAL NIGHTS. ABE'S GARDEN PROVIDED SUPPORT, CARE, AND RESIDENTIAL SERVICES TO OVER 160 RESIDENTS. IN ADDITION, ABE'S GARDEN'S HOME CARE AND COMMUNITY PROGRAMMING BENEFITTED OVER 50 PEOPLE. THIS ALLOWED THOSE PEOPLE TO LIVE AT HOME WHILE ALSO ENJOYING THE BENEFITS OF ENGAGEMENT AND SOCIALIZATION. ABE'S GARDEN PARTICIPATED IN ONE OF THE FIRST LIGHTING STUDIES IN A RESIDENTIAL COMMUNITY FOR PEOPLE LIVING WITH DEMENTIA. STATE OF THE ART LIGHTING TABLES WERE CREATED, AND A RESEARCH STUDY WAS DONE IN PARTNERSHIP WITH MT. SINAI'S LIGHTING RESEARCH CENTER. 12 EDUCATIONAL VIDEOS WERE CREATED THAT TOUCHED ON TOPICS RANGING FROM CLINICAL CARE TO ENGAGEMENT AND COMMUNICATION WITH THOSE LIVING WITH DEMENTIA. THESE TRAINING VIDEOS WERE USED TO MAINTAIN AND ENHANCE THE KNOWLEDGE OF OVER 160 STAFF MEMBERS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Michael Shmerling Chairman | OfficerTrustee | 20 | $0 |
Donald Holmes Vice Chairman | OfficerTrustee | 10 | $0 |
Susan Foxman Secretary | OfficerTrustee | 6 | $0 |
Phillip Billington Treasurer | OfficerTrustee | 3 | $0 |
Katie Crumbo Director | Trustee | 1 | $0 |
James Phillips Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Earl Swensson Associates Inc Architectural Design Consulting | 12/30/22 | $362,755 |
Community Counselling Service Co Llc Capital Campaign Consulting | 12/30/22 | $105,000 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $8,707,564 |
| Noncash contributions included in lines 1a–1f | $229 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $8,707,564 |
| Total Program Service Revenue | $10,345,997 |
| Investment income | $62,151 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$84,686 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $19,031,026 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $23,091 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $328,449 |
| Compensation of current officers, directors, key employees. | $56,187 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,502,546 |
| Pension plan accruals and contributions | $10,085 |
| Other employee benefits | $691,256 |
| Payroll taxes | $434,328 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,215 |
| Fees for services: Accounting | $36,815 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $14,051 |
| Fees for services: Other | $0 |
| Advertising and promotion | $93,123 |
| Office expenses | $323,011 |
| Information technology | $5,062 |
| Royalties | $0 |
| Occupancy | $572,278 |
| Travel | $23,819 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $768,014 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,190,584 |
| Insurance | $133,718 |
| All other expenses | $12,561 |
| Total functional expenses | $11,414,363 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,679,623 |
| Savings and temporary cash investments | $1,421,559 |
| Pledges and grants receivable | $6,414,694 |
| Accounts receivable, net | $105,599 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $175,624 |
| Prepaid expenses and deferred charges | $28,641 |
| Net Land, buildings, and equipment | $30,652,773 |
| Investments—publicly traded securities | $1,823,866 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $689,730 |
| Other assets | $400,763 |
| Total assets | $43,392,872 |
| Accounts payable and accrued expenses | $735,497 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $17,490,084 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $4,139,882 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,344,201 |
| Total liabilities | $23,709,664 |
| Net assets without donor restrictions | $11,035,837 |
| Net assets with donor restrictions | $8,647,371 |
| 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 | $43,392,872 |