Church Of The Brethren Home Inc
- Assets
- $28.3m
- Revenue
- $12.7m
- Investments
- $497.0k
- Employees
- 177
- Location
- North Manchester, IN
- Founding
- 01/1966
- Data as of
- 12/2022
- EIN
- 35-0960298
Organization Overview
Church Of The Brethren Home Inc, operating under the name Timbercrest Senior Living Community, is located in North Manchester, IN. The organization was established in 1966. 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 12/2022, Timbercrest Senior Living Community employed 177 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Timbercrest Senior Living Community 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, Timbercrest Senior Living Community generated $12.7m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $14.0m during the year ending 12/2022. While expenses have increased by 3.5% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
COMPREHENSIVE SENIOR SERVICES: PROVIDING HOUSING AND TOTAL CARE SERVICES TO SENIOR ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TIMBERCREST IS COMMITTED TO PROVIDING COMPREHENSIVE SENIOR SERVICES BY PROVIDING RENTAL HOUSING, RELATED FACILITIES, AND HEALTH CARE SERVICES. THE FACILITIES INCLUDE ASSISTED-LIVING AND INDEPENDENT LIVING APARTMENTS, AS WELL AS, HEALTHCARE CENTER FACILITIES. CHARITY CARE IS PROVIDED TO RESIDENTS WHO HAVE EXHAUSTED THEIR RESOURCES. DURING 2014, TIMBERCREST ENTERED INTO AN ARRANGEMENT WHEREBY THE LICENSED RESIDENTIAL CARE FACILITY AND LICENSED SKILLED NURSING FACILITY AND THE ASSOCIATED REVENUES WERE TRANSFERRED TO WOODLAWN HOSPITAL. AS PART OF THE ARRANGEMENT, THERE IS A SHIFT FROM RESIDENTIAL AND NURSING SERVICE REVENUE TO MANAGEMENT SERVICE REVENUE. THE ESTIMATED AMOUNT OF CHARITABLE ASSISTANCE PROVIDED BY WOODLAWN HOSPITAL, UNDER THE AFOREMENTIONED ARRANGEMENT, WAS $2,120,000 DURING THE YEAR.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janis Fahs Chair | OfficerTrustee | 1 | $0 |
Eric Helfrich Treasurer | OfficerTrustee | 1 | $0 |
David Cox Secretary | OfficerTrustee | 1 | $0 |
Jeff Baumann Board Member | Trustee | 1 | $0 |
Eunice Culp Board Member | Trustee | 1 | $0 |
Gretchen Gibbs Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Morrison Living Food Service Provider & Dining Services | 12/30/22 | $2,163,582 |
Cme Corporation Building Contractor | 12/30/22 | $547,151 |
Rosewood Staffing Inc Staffing | 12/30/22 | $374,202 |
Shiftkey Staffing | 12/30/22 | $242,232 |
Healthcare Therapy Services Inc Physical, Speech, Occupational Therapy | 12/30/22 | $212,609 |
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 | $474,740 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $474,740 |
| Total Program Service Revenue | $11,596,482 |
| Investment income | $271,465 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $58,500 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $4,663 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,723,071 |
| 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. | $420,151 |
| Compensation of current officers, directors, key employees. | $420,151 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,081,926 |
| Pension plan accruals and contributions | $77,782 |
| Other employee benefits | $828,539 |
| Payroll taxes | $394,765 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $38,796 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,021,590 |
| Advertising and promotion | $52,095 |
| Office expenses | $306,180 |
| Information technology | $167,254 |
| Royalties | $0 |
| Occupancy | $761,441 |
| Travel | $147,386 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $27,786 |
| Interest | $79,520 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,829,464 |
| Insurance | $304,860 |
| All other expenses | $8,701 |
| Total functional expenses | $14,011,925 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $756,987 |
| Pledges and grants receivable | $162,928 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,959,724 |
| Inventories for sale or use | $101,216 |
| Prepaid expenses and deferred charges | $7,087 |
| Net Land, buildings, and equipment | $15,607,733 |
| Investments—publicly traded securities | $8,648,945 |
| Investments—other securities | $496,951 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $548,827 |
| Total assets | $28,290,398 |
| Accounts payable and accrued expenses | $755,984 |
| Grants payable | $0 |
| Deferred revenue | $5,504,285 |
| 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 | $1,880,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,277,517 |
| Total liabilities | $15,417,786 |
| Net assets without donor restrictions | $10,344,417 |
| Net assets with donor restrictions | $2,528,195 |
| 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 | $28,290,398 |