Holland Christian Home Association
- Assets
- $27.6m
- Revenue
- $10.9m
- Investments
- $0.0
- Employees
- 207
- Location
- North Haledon, NJ
- Founding
- 06/1942
- Data as of
- 03/2020
- EIN
- 22-1529791
Organization Overview
Holland Christian Home Association is located in North Haledon, NJ. The organization was established in 1942. 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 03/2020, Holland Christian Home Association employed 207 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Holland Christian Home Association 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 03/2020, Holland Christian Home Association generated $10.9m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $10.5m during the year ending 03/2020. While expenses have increased by 3.3% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
THE HOLLAND CHRISTIAN HOME ASSOCIATION (THE "ASSOCIATION") HAS PROUDLY SERVED THE NEEDS OF THE SENIOR COMMUNITY FOR MORE THAN A CENTURY. AT THE CORE OF ITS MISSION IS LIFE CARE - A CONTINUUM OF CARE THAT ESSENTIALLY ALLOWS ITS RESIDENTS TO PAY ONE FEE ON ENTRANCE AND LIVE WORRY-FREE, ASSURED OF SKILLED NURSING CARE SHOULD THEY NEED IT. SIMILAR TO LIFE CARE, THE ASSOCIATION ALSO OFFERS A LIMITED NUMBER OF EXTRA CARE ROOMS FOR RESIDENTS WHO REQUIRE A HELPING HAND WITH THEIR DAILY ROUTINE. IT ALSO OFFERS RESPITE CARE IN ITS MOUNTAIN VIEW NURSING UNIT FOR INDIVIDUALS WHO NEED SHORT- OR LONG-TERM CARE OR ASSISTANCE WITH ACTIVITIES OF DAILY LIVING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO SUPPORT AND ASSIST AGED MEN AND WOMEN.
TO SUPPORT AND ASSIST AGED MEN AND WOMEN.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carlos G Beato Executive Director | Officer | 40 | $172,870 |
Karen Bandstra Director Of Finance | Officer | 40 | $78,368 |
Steven Eichhorn Board Member | Trustee | 5 | $0 |
Abe Van Wingerden Vice President | OfficerTrustee | 5 | $0 |
Randall Veenstra Board Member | Trustee | 5 | $0 |
Brent Sjaardema Board Member | Trustee | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,334,012 |
| Investment income | $138,240 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,375,175 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,921,640 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $6,025,780 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,073,499 |
| Payroll taxes | $448,778 |
| Fees for services: Management | $500 |
| Fees for services: Legal | $10,686 |
| Fees for services: Accounting | $12,875 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $19,233 |
| Fees for services: Other | $328,820 |
| Advertising and promotion | $81,650 |
| Office expenses | $648,177 |
| Information technology | $35,439 |
| Royalties | $0 |
| Occupancy | $95,270 |
| Travel | $6,053 |
| 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 | $718,057 |
| Insurance | $215,143 |
| All other expenses | $0 |
| Total functional expenses | $10,478,571 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,740,538 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,914,356 |
| 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 | $107,329 |
| Investments—publicly traded securities | $3,998,161 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $28,208 |
| Total assets | $27,608,351 |
| Accounts payable and accrued expenses | $559,371 |
| Grants payable | $0 |
| Deferred revenue | $136,715 |
| 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 | $2,300,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $28,208 |
| Total liabilities | $3,024,294 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $24,584,057 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Holland Christian Home Association has recieved totaling $258.
| Awarding Organization | Amount |
|---|---|
Ge Foundation Norwalk, CT PURPOSE: MATCHING GIFTS | $200 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $58 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cobble Hill Health Center Inc Brooklyn, NY | $104,850,612 | $51,888,626 |
Morris Hall St Lawrence Inc Lawrenceville, NJ | $55,795,819 | $48,236,558 |
Jewish Home Lifecare Sarah Neuman Center Westchester New York, NY | $40,158,579 | $47,212,238 |
United Home For Aged Hebrews New Rochelle, NY | $40,914,674 | $49,305,789 |
Carmel Richmond Nursing Home Inc Staten Island, NY | $55,443,617 | $48,780,538 |
Madlyn And Leonard Abramson Center For Jewish Life Blue Bell, PA | $70,280,035 | $47,324,338 |
Ozanam Hall Of Queens Nursing Home Inc Bayside, NY | $72,263,682 | $46,054,461 |
The Northeast Health Group Inc Bala Cynwyd, PA | $20,717,577 | $41,701,178 |
Phoebe Home Inc Allentown, PA | $44,042,871 | $37,033,122 |
Wesley Health Care Center Inc Saratoga Springs, NY | $29,960,994 | $37,958,192 |
St Johns Health Care Corporation Rochester, NY | $28,699,154 | $43,446,483 |
United Odd Fellow And Rebekah Home Bronx, NY | $62,645,372 | $41,096,050 |