Fairlawn is located in Archbold, OH. The organization was established in 1987. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fairlawn 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, Fairlawn generated $1.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $1.9m during the year ending 12/2021. While expenses have increased by 3.2% per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
HOUSING FOR THE ELDERLY
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE HOUSING FOR THE ELDERLY.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Debbie Andre Secretary | OfficerTrustee | 1 | $0 |
Bonnie Heatwole Chair | OfficerTrustee | 1 | $0 |
Ruth Kauffman Treasurer | OfficerTrustee | 1 | $0 |
Kevin Morton President | OfficerTrustee | 1 | $0 |
Lonnie Rufenacht Vice Preside | OfficerTrustee | 1 | $0 |
Karen Walker Secretary | OfficerTrustee | 1 | $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 | $1,231 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,231 |
Total Program Service Revenue | $1,826,564 |
Investment income | $11,696 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $3,936 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $1,848,047 |
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 | $0 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $23,667 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $980 |
Fees for services: Other | $0 |
Advertising and promotion | $81 |
Office expenses | $30,246 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $959,084 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $428,496 |
Insurance | $30,600 |
All other expenses | $338 |
Total functional expenses | $1,867,186 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $15,610 |
Savings and temporary cash investments | $716,719 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $4,903 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $1,055 |
Prepaid expenses and deferred charges | $2,247 |
Net Land, buildings, and equipment | $13,255,207 |
Investments—publicly traded securities | $0 |
Investments—other securities | $148,505 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $14,144,246 |
Accounts payable and accrued expenses | $279,112 |
Grants payable | $0 |
Deferred revenue | $2,130,846 |
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 | $13,291,962 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $329,833 |
Total liabilities | $16,031,753 |
Net assets without donor restrictions | -$1,887,507 |
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 | $14,144,246 |
Organization Name | Assets | Revenue |
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Masonic Home Independent Living Ii Inc Masonic Home, KY | $142,516,912 | $16,410,935 |
Wesleyan Senior Care Inc Elyria, OH | $38,781,786 | $23,501,325 |
Sarah A Reed Home Erie, PA | $16,706,184 | $19,190,049 |
Saint Anne Home And Retirment Community Fort Wayne, IN | $21,467,824 | $25,970,139 |
Williamsport Home Williamsport, PA | $21,816,206 | $17,908,824 |
Vista Grande Villa Jackson, MI | $18,128,782 | $15,877,096 |
Prairie Landing Community Inc Indianapolis, IN | $109,459,923 | $13,961,062 |
Holy Family Senior Living Bethlehem, PA | $8,945,725 | $16,667,938 |
Hubbard Hill Estates Inc Elkhart, IN | $40,723,668 | $16,327,220 |
Mother Angeline Mccrory Manor Inc Columbus, OH | $23,036,099 | $15,389,300 |
Manor Care Of Tacoma Wa Association Toledo, OH | $1,605,997 | $12,220,932 |