Kissito Healthcare Inc
- Assets
- $5.9m
- Revenue
- -$6.7m
- Investments
- $0.0
- Employees
- 61
- Location
- Roanoke, VA
- Founding
- 06/1990
- Data as of
- 12/2023
- 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 12/2023, Kissito Healthcare Inc employed 61 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
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.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Thomas M Clarke President | OfficerTrustee | 3 | $230,000 |
Ana Clarke Chair Of The Board | OfficerTrustee | 3 | $8,765 |
Timothy Dixon Secretary | OfficerTrustee | 4 | $121,063 |
Robert B Mcclintic III Chief Executive Officer | Officer | 10 | $691,904 |
Katie Perry Chief Financial Officer | Officer | 30 | $257,833 |
Mary Ferrell Vice President Of Operations | Officer | 10 | $231,537 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Windstream Telephone/interest Service | 12/30/23 | $311,352 |
Willis Towers Watson Northeast Inc Insurance | 12/30/23 | $274,377 |
Brown Edwards & Company Accounting Fees | 12/30/23 | $106,765 |
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 | $3,471,839 |
| Investment income | $105,311 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$10,259,123 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | -$6,681,973 |
| 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. | $1,541,102 |
| Compensation of current officers, directors, key employees. | $1,541,102 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $534,494 |
| Pension plan accruals and contributions | $75,383 |
| Other employee benefits | $124,364 |
| Payroll taxes | $182,023 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $86,550 |
| Fees for services: Accounting | $15,235 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $69,320 |
| Advertising and promotion | $25,234 |
| Office expenses | $164,245 |
| Information technology | $120,819 |
| Royalties | $0 |
| Occupancy | $123,084 |
| Travel | $33,616 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $14,973 |
| Interest | $4,334 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $64,334 |
| Insurance | $47,778 |
| All other expenses | $10,947 |
| Total functional expenses | $3,349,316 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $2,423,103 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $3,500,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $5,923,103 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $5,923,103 |
| 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 | $5,923,103 |