Copeland Oaks
- Assets
- $17.1m
- Revenue
- $16.8m
- Investments
- $740.9k
- Employees
- 319
- Location
- Sebring, OH
- Founding
- 02/1967
- Data as of
- 06/2021
- EIN
- 34-0941565
Organization Overview
Copeland Oaks is located in Sebring, OH. The organization was established in 1967. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 06/2021, Copeland Oaks employed 319 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Copeland Oaks 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 06/2021, Copeland Oaks generated $16.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.2% each year. All expenses for the organization totaled $15.1m during the year ending 06/2021. 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
PROVIDES INDEPENDENT LIVING, ASSISTED LIVING AND SKILLED NURSING TO RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION AND MAINTENANCE OF FACILITY PROVIDED TO RESIDENTS.
DIETARY NEEDS PROVIDED TO THE RESIDENTS.
HOME HEALTH CARE PROVIDED TO THE RESIDENTS
ALL OTHER PROGRAM SERVICES PROVIDED TO RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Dave Mannion Ceo/cfo | Officer | 24 | $113,745 |
Andrew Estock President/director | OfficerTrustee | 1 | $0 |
John Dilworth Treasurer | OfficerTrustee | 1 | $0 |
Bill Williams Vice President | OfficerTrustee | 1 | $0 |
Daniel Griffith Secretary | OfficerTrustee | 1 | $0 |
Bill Shivers Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $963,980 |
| 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 | $963,980 |
| Total Program Service Revenue | $12,004,309 |
| Investment income | $7,891 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $7,089 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,518 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,755,998 |
| 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. | $119,013 |
| Compensation of current officers, directors, key employees. | $29,753 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,654,165 |
| Pension plan accruals and contributions | $320,535 |
| Other employee benefits | $642,667 |
| Payroll taxes | $532,803 |
| Fees for services: Management | $38,629 |
| Fees for services: Legal | $60,592 |
| Fees for services: Accounting | $390 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $197,621 |
| Advertising and promotion | $372,868 |
| Office expenses | $135,373 |
| Information technology | $205,352 |
| Royalties | $0 |
| Occupancy | $1,600,423 |
| Travel | $58,701 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,449 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,012,231 |
| Insurance | $342,197 |
| All other expenses | $25,440 |
| Total functional expenses | $15,060,399 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,664,712 |
| Savings and temporary cash investments | $90,871 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $128,002 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $34,680 |
| Prepaid expenses and deferred charges | $78,692 |
| Net Land, buildings, and equipment | $12,912,519 |
| Investments—publicly traded securities | $164,772 |
| Investments—other securities | $740,881 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $247,519 |
| Total assets | $17,062,648 |
| Accounts payable and accrued expenses | $1,729,445 |
| Grants payable | $0 |
| Deferred revenue | $1,980,222 |
| 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 | $89,100 |
| Total liabilities | $3,798,767 |
| Net assets without donor restrictions | $12,523,000 |
| Net assets with donor restrictions | $740,881 |
| 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 | $17,062,648 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Copeland Oaks has recieved totaling $51,000.
| Awarding Organization | Amount |
|---|---|
Arnold D Stambaugh & Helen R Stambaugh Charitable Foundation Columbus, OH PURPOSE: GENERAL SUPPORT | $36,000 |
American Endowment Foundation Hudson, OH PURPOSE: HUMAN SERVICE | $10,000 |
Biery Family Foundation Inc Louisville, OH PURPOSE: SENIOR LIVING | $5,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Messiah Home Mechanicsburg, PA | $178,549,269 | $51,412,413 |
Brethren Home Community New Oxford, PA | $203,107,620 | $47,521,434 |
Maple Knoll Communities Inc Cincinnati, OH | $123,123,326 | $44,611,272 |
The Mennonite Home Lancaster, PA | $196,485,253 | $48,109,566 |
Masonic Homes Of Kentucky Inc Masonic Home, KY | $92,700,057 | $43,584,418 |
United Methodist Retirement Communities Inc Chelsea, MI | $156,901,085 | $36,318,347 |
Michigan Masonic Home Alma, MI | $52,789,973 | $43,622,202 |
Henry Ford Village Inc Dearborn, MI | $17,115,339 | $84,991,852 |
Landis Homes Retirement Community Lititz, PA | $172,325,737 | $44,637,724 |
Otterbein Lebanon Lebanon, OH | $186,378,501 | $44,867,411 |
Meadowood Corporation Worcester, PA | $160,208,688 | $42,941,264 |
Garden Spot Village New Holland, PA | $169,543,574 | $40,104,692 |