Kissito Healthcare Inc
- Assets
- $24.3m
- Revenue
- $3.4m
- Investments
- $0.0
- Employees
- 34
- Location
- Roanoke, VA
- Founding
- 06/1990
- Data as of
- 12/2021
- EIN
- 36-3666533
Organization Overview
Kissito Healthcare Inc is located in Roanoke, VA. The organization was established in 1990. 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, Kissito Healthcare Inc employed 34 individuals. This organization is a parent organization of an affiliated group for tax-exemption purposes. Kissito Healthcare 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, Kissito Healthcare Inc generated $3.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.3% each year. All expenses for the organization totaled $3.1m during the year ending 12/2021. 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
KISSITO HEALTHCARE AND KISSITO HEALTHCARE INTERNATIONAL EXIST FOR THE BETTERMENT AND CARE OF HUMAN LIFE. THE ORGANIZATION SEEKS TO IMPROVE PATIENT OUTCOMES THROUGH A BALANCED ENGAGEMENT IN ACADEMICS, RESEARCH AND HEALTH CARE DELIVERY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CENTRAL MANAGEMENT OF RELATED ORGANIZATIONS PROVIDING LONG TERM CARE, SHORT TERM REHAB AND ASSISTED LIVING SERVICES FOR THE ELDERLY AND HANDICAP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Robert B Mcclintic III Chief Executive Officer | Officer | 10 | $671,357 |
Thomas M Clarke President | OfficerTrustee | 3 | $270,250 |
Katie Perry Chief Financial Officer | Officer | 30 | $237,837 |
Kathy Sanders Chief Nursing Officer | Officer | 10 | $230,164 |
Evan Glover Area Operations Manager | 40 | $154,074 | |
Bradley Goad Medical Director | 40 | $136,932 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Willis Towers Watson Northeast Inc Insurance | 12/30/21 | $142,309 |
Brown Edwards & Company Accounting Fees | 12/30/21 | $119,560 |
Vikor Scientific Llc Medical Labs | 12/30/21 | $161,100 |
Windstream Telephone/interest Service | 12/30/21 | $374,473 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $3,377,354 |
| Investment income | $764 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $3,378,118 |
| 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. | $256,000 |
| Compensation of current officers, directors, key employees. | $256,000 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,779,991 |
| Pension plan accruals and contributions | $58,100 |
| Other employee benefits | $141,999 |
| Payroll taxes | $152,766 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $10,877 |
| Fees for services: Accounting | $12,158 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $44,861 |
| Advertising and promotion | $7,418 |
| Office expenses | $107,556 |
| Information technology | $88,824 |
| Royalties | $0 |
| Occupancy | $177,847 |
| Travel | $17,014 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,377 |
| Interest | $5,387 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $43,321 |
| Insurance | $43,474 |
| All other expenses | $10,941 |
| Total functional expenses | $3,089,591 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $5,966,586 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,020 |
| Loans from Officers, Directors, or Controlling Persons | $118,101 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $137,413 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $18,057,443 |
| Total assets | $24,299,563 |
| Accounts payable and accrued expenses | $814,546 |
| 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 | $240,895 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $14,653,695 |
| Total liabilities | $15,709,136 |
| Net assets without donor restrictions | $8,590,427 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $24,299,563 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Virginia Mennonite Home Inc Harrisonburg, VA | $28,962,463 | $20,540,544 |
Virginia Home Richmond, VA | $132,722,142 | $34,605,321 |
Seniortrust Of Florida Inc Nashville, TN | $0 | $3,809 |
Elkins Regional Convalescent Center Inc Elkins, WV | $19,210,570 | $16,812,434 |
Plantation Village Inc Wilmington, NC | $93,170,557 | $17,665,347 |
Alamance Extended Care Inc Greensboro, NC | $64,386,325 | $13,908,822 |
Sayre Christian Village Nursing Home Inc Lexington, KY | $15,077,059 | $13,743,731 |
Ashland Nursing Home Corporation Ashland, KY | $11,060,825 | $13,223,482 |
Friendship Health And Rehab Center South Inc Roanoke, VA | $18,559,390 | $15,531,825 |
Calvert County Nursing Center Inc Frederick, MD | $7,422,368 | $12,166,264 |
Friends House Retirement Community Inc Sandy Spring, MD | $50,375,477 | $12,782,756 |
St Mary S Nursing Center Inc Leonardtown, MD | $21,161,426 | $14,751,759 |