Grace Village Health Care Facility Inc

Organization Overview

Grace Village Health Care Facility Inc is located in Winona Lake, IN. The organization was established in 1979. According to its NTEE Classification (E20) the organization is classified as: Hospitals, under the broad grouping of Health Care and related organizations. As of 12/2022, Grace Village Health Care Facility Inc employed 195 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grace Village Health Care Facility Inc 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, Grace Village Health Care Facility Inc generated $3.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (7.0%) each year. All expenses for the organization totaled $3.2m during the year ending 12/2022. As we would expect to see with falling revenues, expenses have declined by (7.9%) per year over the past 8 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

GRACE VILLAGE'S MISSION IS TO ENABLE OLDER ADULTS TO LIVE TO THEIR FULLEST POTENTIAL IN THE SECURITY OF A CHRISTIAN COMMUNITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

GRACE VILLAGE HEALTHCARE PROVIDES MEDICAL AND NURSING CARE, WHICH INCLUDES BUT IS NOT LIMITED TO HOUSING, NURSING, DIETARY, SOCIAL SERVICES, AND ACTIVITIES FOR THE ELDERLY IN WINONA LAKE, INDIANA. GRACE VILLAGE LEASES ITS NURSING HOME OPERATIONS TO WOODLAWN HOSPITAL.


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Board, Officers & Key Employees

Name (title)Compensation
Chad Hummel
Chair
$0
Adam Lenon
Secretary & Treasurer
$0
Dennis Duncan
Board Member
$0
Glenn Hall
Board Member
$0
Chuck Josey
Board Member
$0
David Koontz
Board Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Morrison Management Specialists Inc
Dietary Services
$238,416
Winona It Llc
Information Technology
$161,820
Prime Time Healthcare Llc
Contract Nursing
$143,350
United Staffing Solutions
Contract Nursing
$108,390
View All Vendors

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$34,330
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$34,330
Total Program Service Revenue$3,233,341
Investment income $63,538
Tax Exempt Bond Proceeds $0
Royalties $6,000
Net Rental Income $0
Net Gain/Loss on Asset Sales $5,569
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $3,377,789

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