Central Baptist Home For The Aged is located in Norridge, IL. The organization was established in 1953. 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 12/2021, Central Baptist Home For The Aged employed 336 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Central Baptist Home For The Aged 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 12/2021, Central Baptist Home For The Aged generated $21.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.6% each year. All expenses for the organization totaled $19.2m during the year ending 12/2021. While expenses have increased by 1.7% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CENTRAL BAPTIST VILLAGE IS A CONTINUING CARE RETIREMENT COMMUNITY WITH (CONT'D ON SCHEDULE O) MORE THAN A CENTURY OF DEDICATED SERVICE IN CARING FOR OLDER ADULTS. INSPIRED BY FAITH, WE SERVE AND CELEBRATE SENIORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AS PART OF OUR MISSION AT CENTRAL BAPTIST VILLAGE, WE PLEDGE TO SUPPORT OUR RESIDENTS WHEN THEY DEPLETE THEIR FUNDS. WE HAVE MAINTAINED IN RESIDENCE ALL RESIDENTS WHO HAVE BECOME, THROUGH NO FAULT OF THEIR OWN, UNABLE TO PAY THEIR REGULAR CHARGES. THROUGH OUR OWN HOME FOR LIFE PROGRAM (MADE POSSIBLE BY THE GENEROUS CONTRIBUTIONS OF OTHER CHURCHES, CHARITABLE ORGANIZATIONS, AND PEOPLE WHO BELIEVE IN AND SUPPORT THE PURPOSE, PROGRAMS, AND MISSION OF OUR COMMUNITY), WE EXTEND A HELPING HAND OF CHARITY IN THE TRUE EXAMPLE OF CHRIST AND HIS MINISTRY. OUR CHARITY APPLIES ALSO TO PERSONS OUTSIDE THE COMMUNITY WHO DO NOT HAVE THE FINANCIAL RESOURCES TO PAY THE COMMUNITY'S FEES AND CHARGES. WE ASSIST THEM, IN PART OR IN FULL, TO THE BEST OF OUR GOD GIVEN ABILITIES. IN ACCORDANCE WITH OUR BYLAWS, WE WILL WAIVE OR REDUCE, BASED ON AN INDIVIDUAL'S ABILITY TO PAY, ANY ENTRANCE FEE, ASSIGNMENT OF ASSETS, OR FEE FOR SERVICES. THIS CHARITY IS AVAILABLE TO ALL WHO NEED AND APPLY FOR IT. IN ADDITION, PROVIDING SERVICES TO OUR SKILLED NURSING RESIDENTS UNDER MEDICAID (8,689 MEDICAID DAYS IN 2021), PAYMENTS FOR WHICH DO NOT MEET OUR COSTS, WE FURTHER PRESERVE THEIR RESOURCES. OUTSIDE OF SKILLED NURSING, WE SUPPORT RESIDENTS IN OUR INDEPENDENT AND ASSISTED LIVING RESIDENCES WHO HAVE A NEED THROUGH OUR HOME FOR LIFE PROGRAM. IN ADDITION, WE HAVE FORGIVEN RESIDENTS' DEBT, DONATED CEMETERY PLOTS, AND PAID FOR FUNERALS AND MEMORIAL SERVICES IN OUR CHAPEL. CENTRAL BAPTIST VILLAGE ALSO EXTENDS ITS CHARITY TO THE LOCAL COMMUNITY AT LARGE. WE ARE A MAJOR CONTRIBUTOR TO THE SENIORS ASSISTANCE CENTER, SUPPORT THE HOME DELIVERED MEALS PROGRAM, HOST SAC VOLUNTEER LUNCHEONS, AND PROVIDE COMPLIMENTARY HEALTH SCREENING AND PRESENTATIONS FOR AREA OLDER ADULTS. ADDITIONALLY, CERTAIN CENTRAL BAPTIST VILLAGE EDUCATIONAL PROGRAMS ASSIST OUR LOCAL COMMUNITY TO LEARN AND MANAGE A MYRIAD OF RELEVANT TOPICS ON SUCCESSFUL AGING. EXAMPLES OF THOSE PROGRAMS ARE AGING CARE CONNECTIONS BENEFITS FAIR, TOTAL MEMORY WORKOUT, MEMORY SCREENING DAY, HEALTH CARE DECISIONS DAY, AND ANNUAL SENIOR HEALTH AND FITNESS DAY. WE SUPPORT MANY SCHOOLS WITH THEIR CNA TRAINING PROGRAMS, INTERNSHIP PLACEMENT SERVICES, AND PROFESSIONAL CONTINUING EDUCATIONAL SEMINARS, WHICH PROVIDE A COMPREHENSIVE EDUCATIONAL EXPERIENCE FOR INDIVIDUALS SEEKING TO WORK IN THE GERONTOLOGY FIELD. WE OFFER STIMULATING INTER-GENERATIONAL PROGRAMMING TO ENCOURAGE MUTUAL LEARNING, MENTORING, AND ENTERTAINMENT AND TO ENHANCE THE QUALITY OF LIFE FOR ALL PARTICIPANTS. IN OUR ON-GOING EFFORT TO SUPPORT A LOCAL CHURCH ON OUR PROPERTY, WE PROVIDE THE LAND FOR CHURCH OF OUR SAVIOR AND DONATE 20 PARKING SPOTS IN OUR COMMUNITY'S PARKING LOT FOR NORRIDGE COMMUNITY RESIDENTS' PARKING NEEDS. THESE EXAMPLES DO NOT CAPTURE ALL OF OUR ACTIVITIES, BUT THEY GIVE A PICTURE OF OUR CHARITABLE AND RELIGIOUS MISSION. THE PURPOSE OF ALL OF OUR ACTIVITIES IS TO CARRY FORWARD THAT MISSION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Dawn Mondschein Chief Executive Officer | Officer | 40 | $223,092 |
Lori Altman Chief Financial Officer | Officer | 40 | $183,021 |
Anna-Liisa Lacroix Administrator | 40 | $146,036 | |
Karen Haedo Director Of Nursing | 40 | $142,427 | |
Rachel Telleen Director Of Sales & Market | 40 | $123,718 | |
Mary Coban President | OfficerTrustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Symbria Rehab Rehab Therapists | 12/30/21 | $389,189 |
Morrison Management Specialists Operations Management | 12/30/21 | $1,938,772 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $417,663 |
Government grants | $2,398,588 |
All other contributions, gifts, grants, and similar amounts not included above | $113,247 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $2,929,498 |
Total Program Service Revenue | $15,197,454 |
Investment income | $1,320,215 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $1,529,766 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $21,182,649 |
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. | $429,972 |
Compensation of current officers, directors, key employees. | $429,972 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $8,896,714 |
Pension plan accruals and contributions | $121,195 |
Other employee benefits | $1,443,874 |
Payroll taxes | $671,540 |
Fees for services: Management | $0 |
Fees for services: Legal | $143,583 |
Fees for services: Accounting | $63,175 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $132,540 |
Fees for services: Other | $1,109,875 |
Advertising and promotion | $57,428 |
Office expenses | $136,563 |
Information technology | $177,280 |
Royalties | $0 |
Occupancy | $1,628,560 |
Travel | $1,410 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $28,506 |
Interest | $6 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,453,772 |
Insurance | $436,426 |
All other expenses | $279,124 |
Total functional expenses | $19,226,001 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $1,709,481 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $1,527,071 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $3,224,618 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $258,529 |
Net Land, buildings, and equipment | $20,443,315 |
Investments—publicly traded securities | $0 |
Investments—other securities | $40,408,423 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $67,571,437 |
Accounts payable and accrued expenses | $2,444,261 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $17,434,004 |
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 | $228,106 |
Total liabilities | $20,106,371 |
Net assets without donor restrictions | $29,110,589 |
Net assets with donor restrictions | $18,354,477 |
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 | $67,571,437 |
Over the last fiscal year, we have identified 1 grants that Central Baptist Home For The Aged has recieved totaling $250.
Awarding Organization | Amount |
---|---|
Pfizer Foundation Inc New York, NY PURPOSE: MATCHING GIFTS | $250 |
Beg. Balance | $17,875,039 |
Earnings | $1,272,499 |
Admin Expense | $80,206 |
Other Expense | $884,205 |
Ending Balance | $18,183,130 |
Organization Name | Assets | Revenue |
---|---|---|
Lutheran Home For The Aged Arlington Heights, IL | $131,494,614 | $46,009,976 |
Masonic Homes Of Kentucky Inc Masonic Home, KY | $92,700,057 | $43,584,418 |
Lindengrove Inc Brookfield, WI | $53,159,981 | $37,652,858 |
Friendship Village Of West County Chesterfield, MO | $195,171,509 | $29,494,334 |
Benevolent Corporation Cedar Community West Bend, WI | $115,395,812 | $41,115,280 |
Lutheran Homes Inc Fort Wayne, IN | $58,928,684 | $39,157,951 |
Greencroft Goshen Inc Goshen, IN | $95,333,983 | $41,677,361 |
The Mather Evanston Evanston, IL | $197,036,841 | $28,903,935 |
Covenant Health Care Center Inc Northbrook, IL | $80,834,072 | $35,580,141 |
Plymouth Place Inc Lagrange Park, IL | $140,283,826 | $32,345,507 |
Covenant Living Communities And Services Skokie, IL | $297,389,461 | $56,944,036 |
Baptist Convalescent Center Inc Erlanger, KY | $70,429,855 | $32,396,386 |