Sunset Manor Inc
- Assets
- $115.5m
- Revenue
- $34.4m
- Investments
- $0.0
- Employees
- 1,038
- Location
- Jenison, MI
- Founding
- 09/1973
- Data as of
- 12/2021
- EIN
- 23-7010671
Organization Overview
Sunset Manor Inc, operating under the name Rose Garden Waterford Place Sunset Manor & Villages Sunset At Home Sunset Retirement Communities & Services, is located in Jenison, MI. The organization was established in 1973. 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, Rose Garden Waterford Place Sunset Manor & Villages Sunset At Home Sunset Retirement Communities & Services employed 1,038 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rose Garden Waterford Place Sunset Manor & Villages Sunset At Home Sunset Retirement Communities & Services 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, Rose Garden Waterford Place Sunset Manor & Villages Sunset At Home Sunset Retirement Communities & Services generated $34.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.9% each year. All expenses for the organization totaled $25.2m during the year ending 12/2021. 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
PROVIDE QUALITY HOUSING AND SERVICES FOR SENIORS IN KENT AND OTTAWA COUNTIES THROUGH THE OPERATION OF SENIOR COMMUNITIES, A SKILLED NURSING FACILITY AND HOME HEALTH SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE QUALITY ASSISTED LIVING AND INDEPENDENT LIVING HOUSING AND SERVICES INCLUDING TRANSPORTATION, SOCIAL SERVICES, MEALS AT HOME,TO 700+ SENIORS.
SKILLED NURSING CARE FOR 200+ PERSONS WITH PHYSICAL AND DEMENTIA NEEDS REQUIRING 24 HOUR LICENSED NURSING CARE BOTH LONG TERM AND SHORT TERM REHABILITATION.
PROVIDE HOME HELP AND PRIVATE DUTY TO 100+ SENIORS.
NET CORPORATE
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Christina Matzke President And CEO | Officer | 40 | $238,609 |
Steve Zuiderveen President And CEO - Partial Year | Officer | 40 | $219,298 |
Steven Bossenbroek CFO And Treasurer | Officer | 40 | $211,110 |
David Miedema Director | Trustee | 1 | $178,000 |
Sue Hamm Executive Director | 40 | $137,843 | |
Melissa Ohm VP Human Resources | 40 | $130,586 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Hobbs And Black Architecture And Design | 12/30/20 | $747,176 |
Dvs Marketing | 12/30/20 | $321,129 |
Hobbs And Black Architecture And Design | 12/30/20 | $747,176 |
Greatamerica Financial Services Printers/copier Leasing | 12/30/20 | $126,487 |
Worksighted It Support | 12/30/20 | $228,512 |
Dvs Marketing | 12/30/20 | $321,129 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $3,723,649 |
| Government grants | $119,279 |
| All other contributions, gifts, grants, and similar amounts not included above | $213,000 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,055,928 |
| Total Program Service Revenue | $15,870,800 |
| Investment income | $807,542 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $13,671,212 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $34,405,482 |
| 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. | $776,273 |
| Compensation of current officers, directors, key employees. | $776,273 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,920,009 |
| Pension plan accruals and contributions | $352,292 |
| Other employee benefits | $1,668,923 |
| Payroll taxes | $95,364 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $69,312 |
| Fees for services: Accounting | $157,386 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $194,783 |
| Fees for services: Other | $1,089,890 |
| Advertising and promotion | $528,121 |
| Office expenses | $3,000,580 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,409,924 |
| Travel | $34,320 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $112,785 |
| Interest | $1,929,242 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,034,044 |
| Insurance | $560,600 |
| All other expenses | $371,481 |
| Total functional expenses | $25,235,872 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $17,922,649 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $997,102 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $24,081 |
| Prepaid expenses and deferred charges | $259,329 |
| Net Land, buildings, and equipment | $70,854,759 |
| Investments—publicly traded securities | $24,452,932 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $322,100 |
| Other assets | $663,779 |
| Total assets | $115,496,731 |
| Accounts payable and accrued expenses | $5,106,882 |
| Grants payable | $0 |
| Deferred revenue | $4,159,716 |
| Tax-exempt bond liabilities | $50,385,290 |
| 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 | $25,156,130 |
| Total liabilities | $84,808,018 |
| Net assets without donor restrictions | $30,688,713 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $115,496,731 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Sunset Manor Inc has recieved totaling $778,000.
| Awarding Organization | Amount |
|---|---|
Fidelity Investments Charitable Gift Fund Boston, MA PURPOSE: For grant recipient's exempt purposes | $778,000 |
Endowment Analysis
| Beg. Balance | $4,982,545 |
| Earnings | $11,277 |
| Admin Expense | $44,111 |
| Net Contributions | $56,593 |
| Other Expense | $208,734 |
| Ending Balance | $4,797,570 |
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 |
Otterbein Homes Lebanon, OH | $197,247,651 | $73,479,652 |
Bhi Senior Living Inc Indianapolis, IN | $339,336,234 | $58,133,040 |
Mcgregor Pace Cleveland, OH | $22,344,459 | $56,283,069 |
Maple Knoll Communities Inc Cincinnati, OH | $123,123,326 | $44,611,272 |
United Methodist Retirement Communities Inc Chelsea, MI | $156,901,085 | $36,318,347 |
Michigan Masonic Home Alma, MI | $52,789,973 | $43,622,202 |
Henry Ford Village Inc Dearborn, MI | $17,115,339 | $84,991,852 |
Otterbein Lebanon Lebanon, OH | $186,378,501 | $44,867,411 |
Lindengrove Inc Brookfield, WI | $53,159,981 | $37,652,858 |
Benevolent Corporation Cedar Community West Bend, WI | $115,395,812 | $41,115,280 |