Henderson County Retirement Center Inc
- Assets
- $6.4m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 106
- Location
- Stronghurst, IL
- Founding
- 01/1987
- Data as of
- 12/2021
- EIN
- 36-3378161
Organization Overview
Henderson County Retirement Center Inc is located in Stronghurst, IL. The organization was established in 1987. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 12/2021, Henderson County Retirement Center Inc employed 106 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Henderson County Retirement Center 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 12/2021, Henderson County Retirement Center Inc generated $4.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $3.9m during the year ending 12/2021. While expenses have increased by 3.8% 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
NURSING HOME TO PROVIDE ELDER CARE TO ANYONE WHO IS IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INTERMEDIATED & SKILLED CARE NURSING HOME WITH 58 BEDS AND 21,170 PATIENT DAYS AVAILABLE FOR CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diana Doran Board Pres. | OfficerTrustee | 10 | $0 |
Nancy Stevenson Board Sec. | OfficerTrustee | 5 | $0 |
Ralph Tatge Board V.P. | OfficerTrustee | 5 | $0 |
Mary Reed Board Treas | OfficerTrustee | 5 | $0 |
Jayne Olsen Board Member | Trustee | 5 | $0 |
David Gerst Board Member | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Greystone Constructions Construction | 12/30/19 | $105,450 |
Rehabcare Group Therapy Services | 12/30/19 | $212,353 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $117,231 |
| All other contributions, gifts, grants, and similar amounts not included above | $59,618 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $176,849 |
| Total Program Service Revenue | $3,822,079 |
| Investment income | $13,920 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$8,490 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $4,015,033 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,004,854 |
| Pension plan accruals and contributions | $27,485 |
| Other employee benefits | $123,092 |
| Payroll taxes | $149,581 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,091 |
| Fees for services: Accounting | $36,790 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $271,637 |
| Advertising and promotion | $12,844 |
| Office expenses | $284,103 |
| Information technology | $45,349 |
| Royalties | $0 |
| Occupancy | $174,044 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $9,872 |
| Interest | $70,245 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $230,892 |
| Insurance | $128,611 |
| All other expenses | $150,369 |
| Total functional expenses | $3,882,913 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,531 |
| Savings and temporary cash investments | $2,045,945 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $321,889 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $54,175 |
| Prepaid expenses and deferred charges | $56,958 |
| Net Land, buildings, and equipment | $3,968,346 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | -$21,925 |
| Total assets | $6,445,919 |
| Accounts payable and accrued expenses | $228,003 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $1,520,578 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,748,581 |
| Net assets without donor restrictions | $0 |
| Net assets with donor restrictions | $0 |
| 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 | $4,697,338 |
| Total liabilities and net assets/fund balances | $6,445,919 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Henderson County Retirement Center Inc has recieved totaling $200,000.
| Awarding Organization | Amount |
|---|---|
Community Health Foundation Of Warren And Henderson Counties Monmouth, IL PURPOSE: IMPROVEMENTS/EQUIPMENT | $200,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oakwood Village University Woods Homes Inc Madison, WI | $65,944,381 | $14,695,232 |
Methodist Manor Health Center Inc West Allis, WI | $6,950,058 | $15,339,815 |
St Patrick Residence Naperville, IL | $29,023,475 | $20,568,774 |
Visiting Nurse And Hospice Home Inc Fort Wayne, IN | $27,656,641 | $21,519,999 |
Bethany Manor Inc Story City, IA | $35,629,736 | $20,182,256 |
Holy Family Villa Palos Park, IL | $17,637,306 | $12,934,325 |
St Clair Darden Health System Inc South Bend, IN | $21,453,139 | $17,018,170 |
Marion County Horizon Center Salem, IL | $15,469,817 | $24,896,962 |
Greek American Rehabilitation And Care Centre Inc Wheeling, IL | $12,789,386 | $17,929,262 |
Penta Group Inc Centralia, IL | $8,034,770 | $18,495,604 |
Cedar Crest Inc Janesville, WI | $47,272,483 | $15,719,717 |
Wittenberg Lutheran Village Inc Crown Point, IN | $21,140,856 | $12,598,437 |