Kimberly Meadows Corporation is located in Marietta, OH. The organization was established in 1992. 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. Kimberly Meadows Corporation 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, Kimberly Meadows Corporation generated $333.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $408.6k 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
OPERATION OF SENIOR CITIZEN DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT HOUSING FACILITY
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF SENIOR CITIZEN DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT HOUSING FACILITY
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Keith Andrews President | OfficerTrustee | 1 | $0 |
Kelley Mcghee Vice President | OfficerTrustee | 1 | $0 |
Chris Chmiel Secretary | OfficerTrustee | 1 | $0 |
Norman Gary Trustee | Trustee | 0.5 | $0 |
Jim Hart Trustee | Trustee | 0.5 | $0 |
Nathan Blatchley Trustee | Trustee | 0.5 | $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 | $324,953 |
Investment income | $34 |
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 | $333,267 |
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 | $23,271 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $13,988 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $733 |
Office expenses | $31,226 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $91,003 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $282 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $67,710 |
Insurance | $16,676 |
All other expenses | $0 |
Total functional expenses | $408,597 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $37 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $744 |
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 | $3,295 |
Net Land, buildings, and equipment | $754,350 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $202,550 |
Total assets | $960,976 |
Accounts payable and accrued expenses | $74,113 |
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 | $1,767,558 |
Other liabilities | $0 |
Total liabilities | $1,841,671 |
Net assets without donor restrictions | -$880,695 |
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 | $960,976 |
Organization Name | Assets | Revenue |
---|---|---|
Ann S Choice Inc Warminster, PA | $390,463,878 | $78,899,329 |
Fox Run Village Inc Novi, MI | $460,113,194 | $70,545,249 |
Acts Retirement Services Inc Fort Washington, PA | $53,774,543 | $61,999,737 |
Csi-Derby Street Nonprofit Housing Corporation Warren, MI | $670,695 | $62,509,360 |
Whitemarsh Continuing Care Retirement Community Lafayette Hill, PA | $237,675,792 | $39,315,037 |
Blanchard Valley Continuing Care Services Findlay, OH | $61,929,671 | $35,904,527 |
American Senior Communities Group Health Plan Indianapolis, IN | $8,703,398 | $37,045,158 |
Concordia Lutheran Ministries Of Pittsburgh Pittsburgh, PA | $101,461,859 | $42,844,424 |
Twin Lakes Cincinnati, OH | $221,116,873 | $30,548,357 |
Lutheran Home For The Aged Erie, PA | $0 | $39,821,403 |
St Leonard Centerville, OH | $96,777,617 | $31,237,067 |
Kenton Housing Inc Latonia, KY | $68,380,829 | $31,745,821 |