Community Retirement Inc
- Assets
- $6.5m
- Revenue
- $4.0m
- Investments
- $0.0
- Employees
- 137
- Location
- Arthur, IL
- Founding
- 10/1962
- Data as of
- 08/2023
- EIN
- 37-0794402
Organization Overview
Community Retirement Inc, operating under the name The Arthur Home, is located in Arthur, IL. The organization was established in 1962. 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 08/2023, Arthur Home employed 137 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arthur Home 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 08/2023, Arthur Home generated $4.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $5.9m during the year ending 08/2023. While expenses have increased by 5.7% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SKILLED NURSING CARE AND INTERMEDIATE MEDICAL CARE TO ELDERLY
Describe the Organization's Program Activity:
Part 3 - Line 4a
COMMUNITY RETIREMENT INC OPERATES THE ARTHUR HOME, A NURSING HOME WHICH PROVIDES LICENSED SKILLED AND INTERMEDIATE MEDICAL CARE, PRIMARILY TO ELDERLY PATIENTS.THE ARTHUR HOME RECOGNIZES THAT EVERYONE'S NEEDS ARE DIFFERENT AND HAVE BEEN PROVIDING AN INDIVIDUALIZED PLAN OF CARE THAT ADDRESSES BOTH THE PHYSICAL AND EMOTIONAL WELL-BEING OF EACH SENIOR FOR OVER 50 YEARS. WHETHER YOU ARE HAVING JOINT REPLACEMENT SURGERY OR CAN NO LONGER CARE FOR YOURSELF AND NEED MEDICAL AND PERSONAL ASSISTANCE, WE CAN PROVIDE CARE FOR BOTH. WE UNDERSTAND THE OVERWHELMING CHALLENGES THAT FAMILY MEMBERS FACE WHEN CARING FOR AN AGING LOVED ONE ON THEIR OWN. THE ARTHUR HOME STAFF WILL WORK WITH THE SENIOR AND FAMILY TO DETERMINE THE BEST PLAN OF CARE FOR EACH GIVEN SITUATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rick Weger President | OfficerTrustee | 15 | $0 |
John Stewart Vice President | OfficerTrustee | 2 | $0 |
Fred Helmuth Board Member | Trustee | 0.5 | $0 |
Danny Powell Board Member | Trustee | 0.5 | $0 |
Willis Kuhns Secretary/treasurer | OfficerTrustee | 0.5 | $0 |
Dennis Plank Board Member | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Onr Therapy Services | 8/30/22 | $388,706 |
Esp Personnel Staffing Agency | 8/30/22 | $120,435 |
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 | $71,423 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $71,423 |
| Total Program Service Revenue | $3,855,423 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $35,473 |
| 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 | $3,993,442 |
| 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. | $87,775 |
| Compensation of current officers, directors, key employees. | $87,775 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,249,270 |
| Pension plan accruals and contributions | $13,673 |
| Other employee benefits | $75,053 |
| Payroll taxes | $177,541 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $103,030 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $826,439 |
| Advertising and promotion | $2,804 |
| Office expenses | $200,908 |
| Information technology | $58,700 |
| Royalties | $0 |
| Occupancy | $117,915 |
| Travel | $3,388 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $710 |
| Interest | $103,053 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $117,719 |
| Insurance | $122,877 |
| All other expenses | $19,827 |
| Total functional expenses | $5,906,975 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $311,232 |
| Savings and temporary cash investments | $184,938 |
| Pledges and grants receivable | $309,270 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $14,602 |
| Prepaid expenses and deferred charges | $23,885 |
| Net Land, buildings, and equipment | $3,327,792 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,377,797 |
| Total assets | $6,549,516 |
| Accounts payable and accrued expenses | $2,413,539 |
| Grants payable | $0 |
| Deferred revenue | $232,687 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $1,034 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $226,667 |
| Secured mortgages and notes payable | $2,028,934 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,033,848 |
| Total liabilities | $5,936,709 |
| Net assets without donor restrictions | $302,895 |
| Net assets with donor restrictions | $309,912 |
| 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 | $6,549,516 |