Chi Management Incorporated
- Assets
- $2.5m
- Revenue
- $9.9m
- Investments
- $0.0
- Employees
- 114
- Location
- Modesto, CA
- Founding
- 08/2004
- Data as of
- 09/2022
- EIN
- 20-0178425
Organization Overview
Chi Management Incorporated is located in Modesto, CA. The organization was established in 2004. According to its NTEE Classification (P74) the organization is classified as: Hospices, under the broad grouping of Human Services and related organizations. As of 09/2022, Chi Management Incorporated employed 114 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chi Management Incorporated 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 09/2022, Chi Management Incorporated generated $9.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $9.8m during the year ending 09/2022. While expenses have increased by 4.8% 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
OPERATES THRIFT STORES AND PROVIDES MANAGEMENT SERVICES TO TAX EXEMPT ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED PROFESSIONAL SERVICES (MANAGEMENT, ACCOUNTING, HUMAN RESOURCES, INFORMATION SYSTEMS, COMMUNITY RELATIONS) FOR TWO RELATED NON-PROFIT ORGANIZATIONS.
RAISED FUNDS THROUGH THRIFT STORES TO SUPPORT THE OPERATIONS OF COMMUNITY HOSPICE INC., A RELATED NONPROFIT CORPORATION. COMMUNITY HOSPICE, INC. USES THESE FUNDS TO PROVIDE SERVICES AND SUPPORT TO THE TERMINALLY ILL AND THEIR FAMILIES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Susan Donker Chairman | OfficerTrustee | 0.5 | $0 |
Chad Van Houten Vice Chairman | OfficerTrustee | 0.5 | $0 |
Christine Schweininger Secretary | OfficerTrustee | 0.5 | $0 |
Cheryl Harless Treasurer | OfficerTrustee | 0.5 | $0 |
Tom Van Groningen Past Chairman | OfficerTrustee | 0.5 | $0 |
Mark Maltun Chief Financial Officer | Officer | 40 | $152,500 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Oakdale Shopping Center Llc Rent | 9/29/22 | $162,901 |
Jagender Singh Rent | 9/29/22 | $144,000 |
Owen Oneil Rent | 9/29/22 | $126,909 |
Inder Pal Pahwa Rent | 9/29/22 | $120,232 |
Marengo Properties Llc Rent | 9/29/22 | $103,436 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $850,941 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,397,128 |
| Noncash contributions included in lines 1a–1f | $6,311,446 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,248,069 |
| Total Program Service Revenue | $2,634,992 |
| Investment income | $622 |
| 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 | $9,905,636 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $1,880,960 |
| 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. | $171,752 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,431,970 |
| Pension plan accruals and contributions | $95,616 |
| Other employee benefits | $263,985 |
| Payroll taxes | $352,858 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $45,127 |
| Advertising and promotion | $34,946 |
| Office expenses | $97,480 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,239,228 |
| Travel | $69,240 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $54,855 |
| Insurance | $156,720 |
| All other expenses | $214,039 |
| Total functional expenses | $9,752,272 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $327,450 |
| Savings and temporary cash investments | $770,152 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $14,173 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $964,648 |
| Prepaid expenses and deferred charges | $135,239 |
| Net Land, buildings, and equipment | $170,468 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $109,028 |
| Total assets | $2,491,158 |
| Accounts payable and accrued expenses | $528,353 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| 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 | $1,021 |
| Other liabilities | $0 |
| Total liabilities | $529,374 |
| Net assets without donor restrictions | $1,961,784 |
| Net assets with donor restrictions | $0 |
| 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 | $2,491,158 |