Cairnwood Village Inc
- Assets
- $3.7m
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 9
- Location
- Bryn Athyn, PA
- Founding
- 09/1978
- Data as of
- 12/2021
- EIN
- 23-2047761
Organization Overview
Cairnwood Village Inc is located in Bryn Athyn, PA. The organization was established in 1978. 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 12/2021, Cairnwood Village Inc employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cairnwood Village Inc 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 12/2021, Cairnwood Village Inc generated $1.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 6.5% each year. All expenses for the organization totaled $830.7k during the year ending 12/2021. While expenses have increased by 1.6% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CAIRNWOOD VILLAGE, INC. IS OPERATED EXCLUSIVELY FOR CHARITABLE PURPOSES, PROVIDING AFFORDABLE INDEPENDENT HOUSING AND PROMOTING SPIRITUAL AND TEMPORAL WELFARE OF ELDERLY MEMBERS OF THE GENERAL CHURCH OF THE NEW JERUSALEM AND RELATED ORGANIZATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
CAIRNWOOD VILLAGE INC PROVIDES AFFORDABLE INDEPENDENT RESIDENTIAL APARTMENT LIVING FOR SENIOR MEMBERS OF THE GENERAL CHURCH OF THE NEW JERUSALEM AND/OR ANY OTHER NEW CHURCH ORGANIZATION RECOGNIZED BY THE GENERAL CHURCH OF THE NEW JERUSALEM. WE PURCHASE, MAINTAIN AND OPERATE RESIDENTIAL ACCOMODATIONS IN WHICH WE PROVIDE LIVING FACILITIES FOR QUALIFIED SENIOR MEMBERS.
CAIRWOOD VILLAGE, INC PROMOTES AND NURTURES THE SPIRITUAL, TEMPORAL AND COMMUNITY WELFARE OF ITS RESIDENTS
CAIRNWOOD VILLAGE INC RECEIVES CHARITABLE BEQUESTS OR OTHER CONTRIBUTIONS FOR USE IN CARRYING OUT OF OUR MISSION
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sarah Elsing President | Officer | 15 | $0 |
Christopher Carter Vice President | Officer | 15 | $0 |
Keith Hyatt Treasurer | Officer | 15 | $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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $1,016,646 |
| Investment income | $47 |
| 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 | $1,018,503 |
| 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. | $53,040 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $88,004 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,284 |
| Payroll taxes | $10,790 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $9,218 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,536 |
| Advertising and promotion | $0 |
| Office expenses | $11,527 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $14,476 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $240,617 |
| Insurance | $4,273 |
| All other expenses | $7,131 |
| Total functional expenses | $830,706 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $12,591 |
| Savings and temporary cash investments | $498,897 |
| 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 | $1,200 |
| Net Land, buildings, and equipment | $3,169,455 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,682,143 |
| Accounts payable and accrued expenses | $59,700 |
| Grants payable | $0 |
| Deferred revenue | $513,855 |
| 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 | $407,241 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $980,796 |
| 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 |
| Retained earnings, endowment, accumulated income, or other funds | $2,701,347 |
| Total liabilities and net assets/fund balances | $3,682,143 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cairnwood Village Inc has recieved totaling $3,000.
| Awarding Organization | Amount |
|---|---|
Terry And Eileen Glenn Family Foundation Philadelphia, PA PURPOSE: UNRESTRICTED - FOR OPERATIONS | $3,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
United Church Homes Inc Marion, OH | $230,951,491 | $117,776,158 |
Menorah Park Center For Senior Living Beachwood, OH | $96,877,128 | $72,312,185 |
Seabrook Village Inc Tinton Falls, NJ | $317,428,948 | $63,950,386 |
Spiritrust Lutheran York, PA | $151,346,375 | $71,838,005 |
Otterbein Homes Lebanon, OH | $197,247,651 | $73,479,652 |
Humangood Pennsylvania Lafayette Hill, PA | $322,351,436 | $66,729,303 |
Albright Care Services Frederick, MD | $96,340,327 | $64,491,895 |
Menno-Haven Inc Chambersburg, PA | $224,712,119 | $60,604,024 |
Kendal-Crosslands Communities Kennett Square, PA | $254,475,918 | $64,274,930 |
United Church Of Christ Homes Camp Hill, PA | $133,046,183 | $59,846,484 |
Trustees Of The Masonic Hall And Asylum Fund New York, NY | $379,711,052 | $51,080,560 |
Concordia Lutheran Health And Human Care Cabot, PA | $105,474,184 | $66,315,819 |