United Methodist Memorial Home
- Assets
- $72.9m
- Revenue
- $21.0m
- Investments
- $0.0
- Employees
- 769
- Location
- Warren, IN
- Founding
- 05/1951
- Data as of
- 03/2021
- EIN
- 35-0877581
Organization Overview
United Methodist Memorial Home, operating under the name Heritage Pointe Communities, is located in Warren, IN. The organization was established in 1951. 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 03/2023, Heritage Pointe Communities employed 769 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heritage Pointe Communities 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 03/2021, Heritage Pointe Communities generated $21.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (5.2%) each year. All expenses for the organization totaled $22.3m during the year ending 03/2021. As we would expect to see with falling revenues, expenses have declined by (5.6%) per year over the past 7 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
WE PROVIDE FREEDOM, JOY, AND LOVING CARE WITH GRACE AND COMPASSION, AFFORDING RESIDENTS THE DIGNITY AND RESPECT THEY DESERVE, WHILE INSPIRING THE HEART, MIND, AND SOUL EVERY DAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HERITAGE POINTE COMMUNITIES PROVIDES HOUSING, CARE, AND SERVICES TO SENIOR LIVING RESIDENTS ACROSS ALL LEVELS OF THE CARE CONTINUUM THROUGH INDEPENDENT LIVING, ASSISTED LIVING, MEMORY CARE, SKILLED NURSING, AND HOSPICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Souder CEO | Officer | 40 | $175,307 |
Brenda Johns Health Facility Administrator | 40 | $139,821 | |
Jodie Stanley Health Facility Administrator | 40 | $119,293 | |
Jeffrey Chod Boxell CFO | Officer | 40 | $120,374 |
Matthew Souder Health Facility Administrator | 40 | $114,862 | |
Tammy Gallegos Director Of Nursing | 40 | $122,238 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Creative Health Care Management Therapy | 3/30/23 | $991,649 |
Morrison Living Dining Services | 3/30/23 | $6,298,970 |
Green's Lawn Service Landscaping | 3/30/23 | $472,075 |
Hts In Iv Inc Therapy | 3/30/23 | $687,824 |
Nurses Etc Staffing Dba Kindcare S Staffing | 3/30/23 | $305,144 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $228,535 |
| Investment income | $258,831 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $12,000 |
| Net Rental Income | $39,008 |
| Net Gain/Loss on Asset Sales | $30,042 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $21,039,746 |
| Statement of Expenses | |
|---|---|
| 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. | $686,236 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,667,513 |
| Pension plan accruals and contributions | $16,317 |
| Other employee benefits | $1,149,053 |
| Payroll taxes | $73,684 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,327 |
| Fees for services: Accounting | $57,624 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $36,641 |
| Fees for services: Other | $50 |
| Advertising and promotion | $23,509 |
| Office expenses | $85,412 |
| Information technology | $80,930 |
| Royalties | $0 |
| Occupancy | $727,667 |
| Travel | $691 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $290,390 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,941,563 |
| Insurance | $234,615 |
| All other expenses | $0 |
| Total functional expenses | $22,272,041 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,014,763 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $5,871,043 |
| 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 | $459,551 |
| Investments—publicly traded securities | $15,030,143 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $60,331 |
| Total assets | $72,901,602 |
| Accounts payable and accrued expenses | $1,339,007 |
| Grants payable | $0 |
| Deferred revenue | $8,288,249 |
| Tax-exempt bond liabilities | $6,845,000 |
| 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 | $543,994 |
| Total liabilities | $17,016,250 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | $55,885,352 |