National Church Residences Foundation
- Assets
- $124.2m
- Revenue
- $10.6m
- Investments
- $13.3m
- Employees
- 0
- Location
- Columbus, OH
- Founding
- 05/1962
- Data as of
- 06/2021
- EIN
- 20-2308665
Organization Overview
National Church Residences Foundation is located in Columbus, OH. The organization was established in 1962. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. National Church Residences Foundation 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 06/2021, National Church Residences Foundation generated $10.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $24.1m during the year ending 06/2021. You can explore the organizations financials more deeply in the financial statements section below.
Since 2015, National Church Residences Foundation has awarded 105 individual grants totaling $59,952,775. 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO DEVELOP AND MANAGE HOUSING AND PROVIDE SERVICES TO INDIVIDUALS WITH LIMITED INCOMES.
Describe the Organization's Program Activity:
NATIONAL CHURCH RESIDENCES FOUNDATION IS A NOT-FOR-PROFIT CORPORATION CERTIFIED AS A 501(C)(3) CHARITABLE ORGANIZATION. IN 1961, THE REVEREND JOHN R. GLENN AND FOUR OHIO PRESBYTERIAN CHURCHES FORMED THE PARENT COMPANY OF NATIONAL CHURCH RESIDENCES OUT OF A CHRISTIAN COMMITMENT TO SERVE OLDER ADULTS' HOUSING, SOCIAL, AND HUMAN NEEDS. NATIONAL CHURCH RESIDENCES FOUNDATION WAS SPUN OFF FROM THE PARENT COMPANY OF NATIONAL CHURCH RESIDENCES IN 2005 TO SEPARATE OUT THE PHILANTHROPIC FUNCTION OF THAT OHIO NOT-FOR-PROFIT CORPORATION. ITS PRIMARY FUNCTION IS TO PROVIDE CHARITY CARE FOR THE RESIDENTS OF COMMUNITIES OWNED AND OPERATED BY NATIONAL CHURCH RESIDENCES.NATIONAL CHURCH RESIDENCES FOUNDATION SUPPORTS THE MISSION OF NATIONAL CHURCH RESIDENCES WHO OWNS/MANAGES 300+ AFFORDABLE SENIOR AND FAMILY HOUSING COMMUNITIES IN 25 STATES, SERVING MORE THAN 25,000 RESIDENTS. IN ADDITION, NCR OPERATES TWENTY-THREE HEALTHCARE ENTITIES (SKILLED NURSING, ASSISTED LIVING, HOME HEALTH AND ADULT DAYCARE) IN OHIO AND FLORIDA. NATIONAL CHURCH RESIDENCES SUPPORTS AND IS AFFILIATED WITH SEVERAL OF THE NATION'S LEADING SENIOR, SOCIAL, AND HEALTH CARE ADVOCACY ORGANIZATIONS, THE LEADING AGE; THE NATIONAL AFFORDABLE HOUSING MANAGEMENT ASSOCIATION (NAHMA); LEADING AGE OHIO.THE MISSION OF NATIONAL CHURCH RESIDENCES IS TO PROVIDE QUALITY HOUSING AND CARE AT AFFORDABLE PRICES IN COMMUNITIES OF CARING PERSONS. OUR MINISTRY IS NATIONAL IN SCOPE AND ORIGINATES FROM A CHRISTIAN COMMITMENT OF SERVICE TO OLDER ADULTS, WHICH BEGAN IN 1961.WHILE OUR MINISTRY HAS BEEN TARGETED PRIMARILY TOWARD OLDER ADULTS, WE HAVE SPECIAL CONCERN FOR LOW- AND MODERATE-INCOME SENIORS AND PERSONS WITH DISABILITIES. WE ARE COMMITTED TO EXPANDING OUR SERVICES IN THE AREAS OF ASSISTED LIVING, FULL-SERVICE RETIREMENT COMMUNITIES, AND TO THE DEVELOPMENT OF RESOURCES NECESSARY TO SUPPORT THESE FACILITIES. WHILE WE ARE COMMITTED TO PROFESSIONALISM IN THE MANAGEMENT OF PROPERTY, PROGRAMS, AND HUMAN RESOURCES, WE ARE EQUALLY COMMITTED TO COMPASSION FOR THE PEOPLE WE SERVE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peter Vogel Board Chair (2021) | OfficerTrustee | 0.5 | $0 |
Mark R Ricketts President | Officer | 5 | $0 |
Jeffrey S Wolf Vice-President | Officer | 10 | $0 |
Tanya K Hahn Vice-President (resigned 5/15/2021) | Officer | 1 | $0 |
Robert S Walter Vice-President, Treasurer (as Of 5/1/2021) | Officer | 1 | $0 |
Douglas K Vesey Treasurer (resigned 5/1/2021) | Officer | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $671,700 |
| Government grants | $371,649 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,780,771 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,824,120 |
| Total Program Service Revenue | $0 |
| Investment income | $1,776,781 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $6,041,661 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,642,562 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $24,008,690 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $2,886 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $24 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $112,797 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $24,124,397 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,198,365 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $101,928,829 |
| Investments—other securities | $13,299,019 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,738,671 |
| Total assets | $124,164,884 |
| Accounts payable and accrued expenses | $5,591,490 |
| Grants payable | $293,148 |
| 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 | $0 |
| Other liabilities | $494,419 |
| Total liabilities | $6,379,057 |
| Net assets without donor restrictions | $109,306,044 |
| Net assets with donor restrictions | $8,479,783 |
| 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 | $124,164,884 |
Grants Awarded
Over the last fiscal year, National Church Residences Foundation has awarded $18,651,140 in support to 11 organizations.
| Grant Recipient | Amount |
|---|---|
Columbus, OH PURPOSE: GENERAL SUPPORT | $17,950,000 |
Columbus, OH PURPOSE: GENERAL SUPPORT | $271,000 |
Columbus, OH PURPOSE: FUND CHAPLAINCY PROGRAM | $100,800 |
Atlanta, GA PURPOSE: COVID SUPPORT | $80,144 |
NATIONAL CHURCH RESIDENCES CARE COORDINATION PURPOSE: GENERAL SUPPORT | $75,144 |
Columbus, OH PURPOSE: GENERAL SUPPORT | $40,814 |
Grants Recieved
Over the last fiscal year, we have identified 9 grants that National Church Residences Foundation has recieved totaling $207,238.
| Awarding Organization | Amount |
|---|---|
Bank Of America Charitable Foundation Inc Charlotte, NC PURPOSE: OPERATIONAL SUPPORT | $100,000 |
Pittsburgh Foundation Pittsburgh, PA PURPOSE: RELIGION-RELATED | $34,100 |
Enterprise Community Partners Inc Columbia, MD PURPOSE: COMMUNITY PRESERVATION AND DEVELOPMENT | $22,765 |
Osteopathic Heritage Foundation Dublin, OH PURPOSE: TO STRENGTHEN THE BEHAVIORAL HEALTH AND SUBSTANCE USE DISORDER INFRASTRUCTURE AND ORGANIZATIONAL CAPACITY OF COMMUNITY BEHAVIORAL PROVIDERS IN FRANKLIN COUNTY. | $15,000 |
Ohio Capital Impact Corporation Columbus, OH PURPOSE: SPONSORSHIP | $12,171 |
Columbus Foundation Columbus, OH PURPOSE: HEALTH | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Gospel Light Mennonite Church Medical Aid Plan Canton, OH | $23,765,488 | $52,923,721 |
Vision Benefits Of America Inc Suite 400 Carnegie, PA | $64,908,622 | $38,442,292 |
Answers In Genesis Inc Petersburg, KY | $94,175,549 | $47,216,237 |
National Church Residences Foundation Columbus, OH | $124,164,884 | $10,642,562 |
Diakon Child Family & Community Ministries Topton, PA | $23,881,449 | $28,006,448 |
Lutheran Home Westlake, OH | $17,550,739 | $14,990,939 |
Mission Pre-Born Inc Indianapolis, IN | $6,569,199 | $16,394,673 |
Church Of God Home Inc Carlisle, PA | $19,131,303 | $10,297,438 |
Back 2 Back Ministries Inc Mason, OH | $16,341,723 | $15,736,396 |
The Pottstown Cluster Of Religious Communities Pottstown, PA | $2,620,724 | $10,453,372 |
Evangelical Lutheran Church In America Bala Cynwyd, PA | $32,181,411 | $7,233,386 |
Lifeline Christian Mission Westerville, OH | $4,011,656 | $8,864,556 |