Presbyterian Homes Of Port Charlotte Inc is located in Port Charlotte, FL. The organization was established in 1971. 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 12/2022, Presbyterian Homes Of Port Charlotte Inc employed 27 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Presbyterian Homes Of Port Charlotte 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 12/2022, Presbyterian Homes Of Port Charlotte Inc generated $524.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (3.2%) each year. All expenses for the organization totaled $659.9k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (0.1%) per year over the past 8 years. 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
LOW RENT GOVERNMENT ASSISTED HOUSING FOR ELDERLY
Describe the Organization's Program Activity:
Part 3 - Line 4a
LOW RENT GOVERNMENT ASSISTED HOUSING FOR ELDERLY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Scott Boggs Secretary | OfficerTrustee | $0 | |
Diana Fredricks Assistant Tr | OfficerTrustee | $0 | |
Lynn Knox 2nd Vice Pre | OfficerTrustee | $0 | |
Nancy Clark Miller Treasurer | OfficerTrustee | $0 | |
John Snapp Vice Preside | OfficerTrustee | $0 | |
James Wilson President | OfficerTrustee | $0 |
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 | $602,114 |
Investment income | $2,546 |
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 | $524,868 |
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. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $164,537 |
Pension plan accruals and contributions | $11,482 |
Other employee benefits | $35,127 |
Payroll taxes | $13,129 |
Fees for services: Management | $32,738 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $5,175 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $10,461 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $93,819 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $337 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $107,428 |
Insurance | $58,297 |
All other expenses | $411 |
Total functional expenses | $659,883 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,148 |
Savings and temporary cash investments | $1,216,833 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $2,472 |
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 | $32,257 |
Net Land, buildings, and equipment | $509,363 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $97 |
Total assets | $1,763,170 |
Accounts payable and accrued expenses | $4,250 |
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 | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $2,695 |
Total liabilities | $6,945 |
Net assets without donor restrictions | $1,756,225 |
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 | $1,763,170 |
Organization Name | Assets | Revenue |
---|---|---|
Nhnfp Healthcare Inc Atlanta, GA | $223,126,263 | $90,563,041 |
Brooks Skilled Nursing Facility A Inc Jacksonville, FL | $11,457,312 | $36,351,742 |
The Joseph L Morse Health Center Inc West Palm Beach, FL | $69,407,457 | $32,587,504 |
Plymouth Harbor Inc Sarasota, FL | $141,711,942 | $41,154,528 |
Hltc Inc Dalton, GA | $14,717,948 | $28,781,962 |
Florida Living Options Inc Brandon, FL | $12,885,832 | $28,738,947 |
University Extended Care Inc Augusta, GA | $49,011,454 | $30,818,406 |
River Garden Hebrew Home For The Aged Jacksonville, FL | $35,569,519 | $22,518,113 |
St Annes Nursing Center St Annes Residence Inc Miami, FL | $12,936,680 | $20,273,034 |
Pines Of Sarasota Foundation Inc Sarasota, FL | $15,800,149 | $2,089,067 |
Magnolia Manor Of Columbus Inc Americus, GA | $41,495,688 | $25,627,763 |
All Saints St Lukes Episcopal Home For The Retired Inc Atlanta, GA | $122,353,987 | $22,945,878 |