Bhi Retirement Communities Inc
- Assets
- $75.1m
- Revenue
- $7.5m
- Investments
- $0.0
- Employees
- 47
- Location
- Indianapolis, IN
- Founding
- 02/2009
- Data as of
- 12/2021
- EIN
- 26-0262903
Organization Overview
Bhi Retirement Communities Inc is located in Indianapolis, IN. The organization was established in 2009. According to its NTEE Classification (L02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Bhi Retirement Communities Inc employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bhi Retirement Communities Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF BHI RETIREMENT COMMUNITIES IS TO ENHANCE THE QUALITY OF LIFE FOR OLDER ADULTS WITHIN A SECURE ENVIRONMENT.
Describe the Organization's Program Activity:
BHI RETIREMENT COMMUNITIES STRIVES TO OWN, CONSTRUCT, MAINTAIN, AND OPERATE RETIREMENT HOMES, DIRECTLY OR INDIRECTLY BY ONE OR MORE CONTROLLED OR AFFILIATED NONPROFIT CORPORATIONS OR OTHER ENTITIES, AND TO PROVIDE FOR THE MAINTENANCE, RECREATION, HEALTH CARE, ANDTREATMENT OF THE RESIDENTS OF SAID RETIREMENT HOMES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John S Dattilo Director & President/ceo | OfficerTrustee | 40 | $337,305 |
Roger E Weideman II Director & Senior VP And CFO | OfficerTrustee | 40 | $304,238 |
Daniel Carr Vice President And COO | Officer | 40 | $253,366 |
Christopher J Byrde Controller | Officer | 40 | $168,977 |
Tony Conaway It Director | 40 | $146,700 | |
Nancy Nelson Marketing Director | 40 | $133,577 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ice Miller Llp Legal | 12/30/21 | $249,509 |
Plante Moran Accounting | 12/30/21 | $148,890 |
Comcast Business Technology Services | 12/30/21 | $126,366 |
Faction Technology Services | 12/30/21 | $144,294 |
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 | $1,642,000 |
| Noncash contributions included in lines 1a–1f | $1,642,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,642,000 |
| Total Program Service Revenue | $4,857,373 |
| Investment income | $33,185 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $175,333 |
| Net Gain/Loss on Asset Sales | $749,716 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,467,607 |
| 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. | $1,016,673 |
| Compensation of current officers, directors, key employees. | $1,016,673 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,088,668 |
| Pension plan accruals and contributions | $69,107 |
| Other employee benefits | $290,587 |
| Payroll taxes | $182,687 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $242,682 |
| Fees for services: Accounting | $126,890 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $20,576 |
| Fees for services: Other | $264,700 |
| Advertising and promotion | $0 |
| Office expenses | $88,651 |
| Information technology | $1,061,139 |
| Royalties | $0 |
| Occupancy | $58,639 |
| Travel | $244,264 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $62,136 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $26,814 |
| Insurance | $0 |
| All other expenses | $80,366 |
| Total functional expenses | $5,959,536 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $31,157,181 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,004,916 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $36,780 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $15,212,838 |
| Investments—publicly traded securities | $3,289,297 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $18,403,504 |
| Total assets | $75,104,516 |
| Accounts payable and accrued expenses | $2,747,238 |
| 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 | $4,650,384 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $7,397,622 |
| Net assets without donor restrictions | $67,706,894 |
| 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 | $75,104,516 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Federation Of Applachian Housing Inc Berea, KY | $96,510,437 | $12,528,691 |
Fv Services Inc St Louis, MO | $7,345,629 | $6,995,820 |
Friendship Senior Options Nfp Schaumburg, IL | $9,017,115 | $7,371,857 |
Bhi Retirement Communities Inc Indianapolis, IN | $75,104,516 | $7,467,607 |
Alliance To End Homelessness In Suburban Cook County Hillside, IL | $1,153,405 | $3,019,162 |
St Clare Management Inc Milwaukee, WI | $646,064 | $1,339,320 |
Ibb Local Lodge Number One Training And Education Fund St Charles, IL | $1,364,026 | $1,121,730 |
Saint Louis City Continuum Of Care Saint Louis, MO | $151,351 | $211,491 |
Affordable Housing Services Corporation Fishers, IN | $1,155,325 | $22,073 |
Plymouth Place Holdings Inc Lagrange, IL | $0 | $0 |