Oak Grove Christian Retirement Village Inc
- Assets
- $15.4m
- Revenue
- $8.7m
- Investments
- $0.0
- Employees
- 172
- Location
- Demotte, IN
- Founding
- 10/1997
- Data as of
- 06/2022
- EIN
- 35-1986767
Organization Overview
Oak Grove Christian Retirement Village Inc is located in Demotte, IN. The organization was established in 1997. 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. As of 06/2022, Oak Grove Christian Retirement Village Inc employed 172 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Oak Grove Christian Retirement Village 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 06/2022, Oak Grove Christian Retirement Village Inc generated $8.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $8.3m during the year ending 06/2022. While expenses have increased by 5.5% per year over the past 7 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
OAK GROVE CHRISTIAN RETIREMENT VILLAGE PROVIDES HOUSING AND CARE FOR THE AGED IN AN ATMOSPHERE OF CHRISTIAN FELLOWSHIP WITH OTHERS. CHARITY CARE FYE JUNE 30, 2022 AMOUNTED TO $1,034,364.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OAK GROVE CHRISTIAN RETIREMENT VILLAGE (OG) IS A NON-PROFIT COMMUNITY BENEFIT CORPORATION THAT PROVIDES CONTINUING CARE RETIREMENT COMMUNITY (CCRC) SERVICES TO 85 RESIDENTS. OG PROVIDES CCRC SERVICES INCLUDING INDEPENDENT LIVING, ASSISTED LIVING (37 UNITS), SKILLED NURSING CARE (59 BEDS), AND MEMORY SUPPORT (14 UNITS). INDEPENDENT LIVING RESIDENTS PAY A LIFE-LEASE ENTRY FEE TO OCCUPY THE RESIDENCE AND PAY A MONTHLY SERVICE FEE FOR SERVICES RENDERED. ASSISTED LIVING AND SKILLED NURSING RESIDENTS PAY A MONTHLY OR DAILY FEE FOR SERVICES RENDERED. ADDITIONALLY, THEY HAVE SOME 'A LA CARTE' FEES FOR INCIDENTALS AND SUPPLIES. RESIDENTS WHO DO NOT MISUSE THEIR ASSETS MAY BE ELIGIBLE FOR SUPPORT FROM OG IF THEIR ASSETS RUN OUT. OVER 18% OF TOTAL REVENUES WERE USED TO PROVIDE COMMUNITY BENEFITS, WHICH INCLUDES THE FOLLOWING AMOUNT: INDIGENT CARE/CHARITY CARE - $1,034,364.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Martin Treasurer | Officer | 1 | $0 |
Rydell Bontrager Secretary | Officer | 1 | $0 |
Aimee Riemke Assistant Secretary | Officer | 0.2 | $0 |
Rosemary Weeks President | Officer | 39 | $0 |
Renee Balboa Director Of Nursing | 40 | $131,687 | |
Krystal Porter Assistant Director Of Nursing | 40 | $106,328 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Healthcare Therapy Services Inc Therapy Services | 6/29/19 | $985,485 |
Interdesign Group Inc Design Services | 6/29/19 | $200,475 |
Impact Interiors Group Design Services | 6/29/19 | $176,226 |
Hamstra Builders Construction Services | 6/29/19 | $168,711 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $400,858 |
| Government grants | $303,194 |
| All other contributions, gifts, grants, and similar amounts not included above | $18,507 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $722,559 |
| Total Program Service Revenue | $7,937,879 |
| Investment income | $729 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$80 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,713,478 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $9,450 |
| 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 | $3,529,140 |
| Pension plan accruals and contributions | $131,690 |
| Other employee benefits | $485,282 |
| Payroll taxes | $266,706 |
| Fees for services: Management | $415,675 |
| Fees for services: Legal | $11,943 |
| Fees for services: Accounting | $38,952 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,207,248 |
| Advertising and promotion | $52,168 |
| Office expenses | $163,373 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $314,357 |
| Travel | $8,694 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,390 |
| Interest | $250,444 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $524,701 |
| Insurance | $122,193 |
| All other expenses | $33,475 |
| Total functional expenses | $8,270,965 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $300 |
| Savings and temporary cash investments | $1,873,923 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $796,835 |
| 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 | $38,720 |
| Net Land, buildings, and equipment | $11,002,423 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,645,050 |
| Total assets | $15,357,251 |
| Accounts payable and accrued expenses | $231,408 |
| Grants payable | $0 |
| Deferred revenue | $15,000 |
| 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 | $5,914,074 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $127,259 |
| Total liabilities | $6,287,741 |
| Net assets without donor restrictions | $8,431,075 |
| Net assets with donor restrictions | $638,435 |
| 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 | $15,357,251 |