Clark Memorial Home Association
- Assets
- $2.5m
- Revenue
- $641.8k
- Investments
- $0.0
- Employees
- 23
- Location
- Springfield, OH
- Founding
- 08/1974
- Data as of
- 12/2022
- EIN
- 31-0585915
Organization Overview
Clark Memorial Home Association is located in Springfield, OH. The organization was established in 1974. According to its NTEE Classification (P20) the organization is classified as: Human Service Organizations, under the broad grouping of Human Services and related organizations. As of 12/2022, Clark Memorial Home Association employed 23 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Clark Memorial Home Association 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, Clark Memorial Home Association generated $641.8k in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $631.1k during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (1.7%) 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
TO LAWFULLY MAINTAIN AND EFFECTIVELY OPERATE IN SPRINGFIELD, OHIO, A LICENSED RESIDENTIAL CARE FACILITY FOR ELDERLY WOMEN WHICH PROVIDES QUALITY CARE AND FINANCIAL ASSISTANCE, TO THE EXTENT OF THE ORGANIZATIONS AVAILABLE FINANCIAL RESOURCES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF RESIDENTIAL HOME FOR ELDERLY WOMEN
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ms Connie Bost Board Member | Trustee | 1 | $0 |
Mrs Ann Greer Board Member | Trustee | 1 | $0 |
Ms Marion Leeman Board Presid | OfficerTrustee | 1 | $0 |
Mr Dave Mittelkamp Treasurer | OfficerTrustee | 1 | $0 |
Ms Judy Roby Board Secret | OfficerTrustee | 1 | $0 |
Ms Diana Seaman Vice Preside | OfficerTrustee | 1 | $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 | $227,811 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $227,811 |
| Total Program Service Revenue | $333,473 |
| Investment income | $62,788 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $17,738 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $641,810 |
| 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. | $75,521 |
| Compensation of current officers, directors, key employees. | $7,552 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $312,950 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $8,968 |
| Payroll taxes | $38,423 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $435 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $5,845 |
| Fees for services: Other | $5,209 |
| Advertising and promotion | $460 |
| Office expenses | $3,263 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $80,145 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,616 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $14,816 |
| Insurance | $2,980 |
| All other expenses | $16,721 |
| Total functional expenses | $631,097 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $132,690 |
| Savings and temporary cash investments | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $153,635 |
| Investments—publicly traded securities | $2,231,702 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,518,027 |
| Accounts payable and accrued expenses | $3,240 |
| 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 | $0 |
| Total liabilities | $3,240 |
| Net assets without donor restrictions | $2,514,787 |
| 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 | $2,518,027 |