Cornwall Manor
- Assets
- $143.2m
- Revenue
- $32.0m
- Investments
- $5.5m
- Employees
- 398
- Location
- Cornwall, PA
- Founding
- 02/1959
- Data as of
- 12/2022
- EIN
- 23-1365158
Organization Overview
Cornwall Manor is located in Cornwall, PA. The organization was established in 1959. 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 12/2022, Cornwall Manor employed 398 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cornwall Manor 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, Cornwall Manor generated $32.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $30.1m during the year ending 12/2022. While expenses have increased by 3.9% 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
ELDER CARE PROVIDER WITH MISSIONAL TIES TO EASTERN PA CONF. OF THE UNITED METHODIST CHURCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CORNWALL MANOR OPERATES A 96 BED SKILLED NURSING FACILITY. CORNWALL MANOR PARTICIPATES IN BOTH THE MEDICARE AND MEDICAID PROGRAMS. DURING 2022, CORNWALL MANOR PROVIDED 31,324 DAYS OF CARE OF WHICH 1,353 WERE MEDICARE AND 9,319 WERE MEDICAID COVERED. CORNWALL MANOR PROVIDED BENEVOLENT CARE TO 31 INDIVIDUALS TOTALING $1,924,350. CORNWALL MANOR BELIEVES THAT PROVIDING BENEVOLENT CARE IS PART OF ITS MISSION.
CORNWALL MANOR HAS 36 PERSONAL CARE UNITS. THERE ARE A MIX OF ALCOVES AND SUITES. RESIDENTS RECEIVE THREE MEALS A DAY AND LIMITED NURSING CARE. DURING 2022, CORNWALL MANOR PROVIDED 9,764 DAYS OF CARE. CORNWALL MANOR PROVIDED BENEVOLENT CARE IN THE AMOUNT OF $134,932 TO 5 RESIDENTS DURING 2022. THERE IS NO OUTSIDE FINANCIAL HELP AVAILABLE TO RESIDENTS WHO HAVE LIMITED RESOURCES. CORNWALL MANOR'S BOARD HAS ESTABLISHED A BENEVOLENT CARE POLICY THAT ADDRESSES LIMITED FINANCES AND IS CONSISTENT WITH OUR MISSION OF PROVIDING QUALITY CARE IN A CHRISTIAN ENVIRONMENT.
CORNWALL MANOR HAS 343 RESIDENTIAL LIVING UNITS. THEY VARY FROM ONE TO THREE BEDROOM APARTMENTS AND HOUSES. THEY OFFER A VARIETY OF ENTRANCE FEES AND MONTHLY FEES. BY OFFERING A VARIETY OF OPTIONS, WE CAN OFFER A SECURE AND CARING LIFESTYLE TO A GREATER NUMBER OF PEOPLE. CORNWALL MANOR IS CURRENTLY PROVIDING BENEVOLENT CARE TO 6 INDIVIDUALS IN INDEPENDENT LIVING. THERE IS NO OUTSIDE FINANCIAL HELP AVAILABLE TO RESIDENTS WHO HAVE LIMITED RESOURCES. CORNWALL MANOR'S BOARD HAS ESTABLISHED A BENEVOLENT CARE POLICY THAT ADDRESSES LIMITED FINANCES AND IS CONSISTENT WITH OUR MISSION OF PROVIDING QUALITY CARE IN A CHRISTIAN ENVIRONMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ellen Arnold Trustee | Trustee | 2 | $0 |
Jeanne Arnold Trustee (until 7/22) | Trustee | 2 | $0 |
William Brill Trustee | Trustee | 2 | $0 |
Diane B Griffiths Secretary | OfficerTrustee | 2 | $0 |
Rev Dr Robert Hoffman Trustee | Trustee | 2 | $0 |
Larry D Leister Secretary (until 7/22) | OfficerTrustee | 2 | $0 |
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 | $1,108,805 |
| Noncash contributions included in lines 1a–1f | $38,512 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,108,805 |
| Total Program Service Revenue | $29,037,035 |
| Investment income | $827,541 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$42,976 |
| Net Gain/Loss on Asset Sales | $830,983 |
| Net Income from Fundraising Events | $28,539 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $63,346 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $32,034,552 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $1,427,232 |
| Compensation of current officers, directors, key employees. | $796,690 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,583,630 |
| Pension plan accruals and contributions | $258,222 |
| Other employee benefits | $1,920,655 |
| Payroll taxes | $1,217,387 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,186 |
| Fees for services: Accounting | $57,114 |
| Fees for services: Lobbying | $1,983 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $233,051 |
| Fees for services: Other | $1,840,987 |
| Advertising and promotion | $309,080 |
| Office expenses | $213,308 |
| Information technology | $314,192 |
| Royalties | $0 |
| Occupancy | $3,387,499 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $16,760 |
| Interest | $298,752 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $4,372,376 |
| Insurance | $418,758 |
| All other expenses | $456,297 |
| Total functional expenses | $30,148,357 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,835,963 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $222,822 |
| Accounts receivable, net | $2,688,396 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $221,600 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $277,267 |
| Net Land, buildings, and equipment | $74,593,623 |
| Investments—publicly traded securities | $56,556,238 |
| Investments—other securities | $5,543,607 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,215,672 |
| Total assets | $143,155,188 |
| Accounts payable and accrued expenses | $3,909,883 |
| Grants payable | $0 |
| Deferred revenue | $27,662,134 |
| Tax-exempt bond liabilities | $5,788,238 |
| 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 | $18,819,361 |
| Total liabilities | $56,179,616 |
| Net assets without donor restrictions | $52,628,116 |
| Net assets with donor restrictions | $34,347,456 |
| 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 | $143,155,188 |