Elan Gardens Inc
- Assets
- $5.8m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 94
- Location
- Clarks Summit, PA
- Founding
- 12/1995
- Data as of
- 12/2023
- EIN
- 23-2812565
Organization Overview
Elan Gardens Inc is located in Clarks Summit, PA. The organization was established in 1995. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Elan Gardens Inc employed 94 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Elan Gardens 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 12/2023, Elan Gardens Inc generated $3.2m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $3.3m during the year ending 12/2023. While expenses have increased by 1.7% per year over the past 9 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CARE AND SHELTER FOR THE ELDERLY
Describe the Organization's Program Activity:
Part 3 - Line 4a
ELAN GARDENS IS A 60 UNIT PERSONAL CARE FACILITY WHICH PROVIDES LODGING, MEAL SERVICES, ASSISTANCE WITH ACTIVITIES OF DAILY LIVING, RECREATIONAL & SOCIAL ACTIVITIES, MEMORY CARE AND RELIGIOUS SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brittany Elko Executive Dir. | Officer | 40 | $70,458 |
Carol Leventhal President | Trustee | 0 | $0 |
Alan Smertz Vice President | Trustee | 0 | $0 |
Murray Glick Secretary/treas | Trustee | 0 | $0 |
Marshall Kornblatt Director | Trustee | 0 | $0 |
Phyllis Brandes Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $11,316 |
| All other contributions, gifts, grants, and similar amounts not included above | $415,025 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $426,341 |
| Total Program Service Revenue | $2,664,995 |
| Investment income | $76,985 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $3,594 |
| Net Gain/Loss on Asset Sales | $37,995 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,209,910 |
| 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. | $70,458 |
| Compensation of current officers, directors, key employees. | $70,458 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,863,831 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $124,231 |
| Payroll taxes | $144,712 |
| Fees for services: Management | $25,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $19,925 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $27,482 |
| Office expenses | $55,016 |
| 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 | $13,448 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $217,830 |
| Insurance | $60,489 |
| All other expenses | $124,784 |
| Total functional expenses | $3,264,120 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $309,013 |
| Savings and temporary cash investments | $143,066 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $42,729 |
| 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 | $10,958 |
| Net Land, buildings, and equipment | $2,497,113 |
| Investments—publicly traded securities | $2,734,629 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $28,814 |
| Total assets | $5,766,322 |
| Accounts payable and accrued expenses | $190,826 |
| 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 | $196,486 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $461,873 |
| Total liabilities | $849,185 |
| Net assets without donor restrictions | $4,889,197 |
| Net assets with donor restrictions | $27,940 |
| 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 | $5,766,322 |