Central Baptist Home For The Aged

Organization Overview

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 12/2023, Central Baptist Home For The Aged employed 359 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 12/2023, Central Baptist Home For The Aged generated $24.8m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $22.0m during the year ending 12/2023. While expenses have increased by 2.9% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

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 (9,695 MEDICAID DAYS IN 2023), 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. CBV HOSTS THE SENIORS ASSISTANCE CENTER VOLUNTEER LUNCHEONS, AND PROVIDES 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.


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Board, Officers & Key Employees

Name (title)Compensation
Mary Coban
President
$0
Julie Adams
Treasurer
$0
Rich Gustafson
Vice President
$0
Daniel Witt
Secretary
$0
Raymond Mcgovern
Director
$0
Paul Odlyzko
Director
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Morrison Management Specialists
Operations Management
$2,049,232
Symbria Rehab
Rehab Therapists
$362,551
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$631,904
Government grants $3,966,894
All other contributions, gifts, grants, and similar amounts not included above$83,501
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,682,299
Total Program Service Revenue$19,021,181
Investment income $693,987
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $195,039
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $24,804,981

Peer Organizations

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Westminster Village Inc
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United Lutheran Program For The Aging Inc
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$26,200,196
St Camillus Health Center Inc
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$28,596,434
Washington And Jane Smith Community Beverly
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Ascension Living Alexian Village Tennesee
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Westminster Village West Lafayette Inc
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Westminster Village Greenwood Inc
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Community Village Inc
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Riverside Senior Living Center
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