Christian Homes Inc
- Assets
- $62.7m
- Revenue
- $24.8m
- Investments
- $0.0
- Employees
- 0
- Location
- St Louis, MO
- Founding
- 07/1967
- Data as of
- 06/2022
- EIN
- 37-0841562
Organization Overview
Christian Homes Inc, operating under the name The Christian Village Wabash Christian Village Washington Christian Village, is located in St Louis, MO. The organization was established in 1967. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Christian Village Wabash Christian Village Washington Christian Village 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 06/2022, Christian Village Wabash Christian Village Washington Christian Village generated $24.8m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.6%) each year. All expenses for the organization totaled $25.1m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (9.0%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CHRISTIAN HORIZONS EMPOWERS OLDER ADULTS IN MIND, BODY, AND SPIRIT THROUGH FAITH-LED SERVICE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHRISTIAN HOMES, INC. PROVIDES QUARLITY CARE TO SENIORS IN A CHRISTIAN ENVIRONMENT. THE OPERATIONS INCLUDE 280 LICENSED SKILLED NURSING BEDS, 12 ASSISTED LIVING UNITS, AND 76 INDEPENDENT LIVING APARTMENTS AND GARDEN HOMES ON 2 CAMPUS. THE OPERATIONS INCLUDE SKILLED NURSING CARE, ASSISTED LIVING, SENIOR APARTMENTS, AND INDEPENDENT LIVING APARTMENTS ON TWO CAMPUSES. 66,592 PATIENT DAYS OF SERVICES WERE PROVIDED IN FISCAL YEAR 2022 TO SKILLED NURSING AND ASSISTED LIVING RESIDENTS ON THE CAMPUSES. THE CHRISTIAN HOMES, INC. CAMPUSES ALSO SERVED 8 RESIDENTS IN ASSISTED LIVING UNITS AND 69 RESIDENTS IN INDEPENDENT LIVING UNITS DURING FISCAL YEAR 2022.THE ORGANIZATION PROVIDES CARE TO RESIDENTS WHO MEET THE CRITERIA TO BE COVERED UNDER THE MEDICAID PROGRAM IN THE VARIOUS STATES IN WHICH THEY OPERATE. TYPICALLY, THE REIMBURSEMENT RATES UNDER THIS PROGRAM ARE SIGNIFICANTLY LESS THAN THE COST OF PROVIDING THE CARE, RESULTING IN A SIGNIFICANT REDUCTION IN REVENUE. MANAGEMENT HAS ESTIMATED THE COST OF COMMUNITY BENEFITS PROVIDED UNDER THIS PROGRAM FOR FISCAL YEAR 2022 TO BE $5,181,212.
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 |
|---|---|---|---|
Timothy Burrell Board Member | OfficerTrustee | 0.3 | $0 |
Billy Carter Board Member - Treasurer | OfficerTrustee | 0.3 | $0 |
Nick Filing Board Member - Chairman | OfficerTrustee | 0.3 | $0 |
Scott Williams Board Member - Secretary | OfficerTrustee | 0.3 | $0 |
Don Fitzgerald Board Member - Vice Chairman | OfficerTrustee | 0.3 | $0 |
Terry Goodner Board Member | Trustee | 0.3 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Select Rehabilitiation Llc Therapy | 6/29/22 | $7,139,783 |
Paric Corporation Construction Contractor | 6/29/22 | $3,505,543 |
Lawrence Recruiting Specialists Inc Employee Recruiter | 6/29/22 | $1,587,850 |
Holladay Construction Group Llc Construction Contractor | 6/29/22 | $996,022 |
Roofing Force Llc Construction Contractor | 6/29/22 | $1,393,197 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,550,462 |
| All other contributions, gifts, grants, and similar amounts not included above | $270,414 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,820,876 |
| Total Program Service Revenue | $16,945,913 |
| Investment income | $854,472 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $1,183,832 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,776,735 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $55,391 |
| 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 | $11,739,052 |
| Pension plan accruals and contributions | $12,875 |
| Other employee benefits | $1,377,295 |
| Payroll taxes | $860,190 |
| Fees for services: Management | $1,284,021 |
| Fees for services: Legal | $79,404 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $76,337 |
| Fees for services: Other | $2,390,658 |
| Advertising and promotion | $49,317 |
| Office expenses | $527,562 |
| Information technology | $350,827 |
| Royalties | $0 |
| Occupancy | $864,269 |
| Travel | $38,495 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $18,329 |
| Interest | $916,679 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,776,494 |
| Insurance | $498,998 |
| All other expenses | $127,408 |
| Total functional expenses | $25,141,967 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $13,498 |
| Savings and temporary cash investments | $6,321,511 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $517,185 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $4,633,453 |
| Inventories for sale or use | $371,076 |
| Prepaid expenses and deferred charges | $351,881 |
| Net Land, buildings, and equipment | $12,502,285 |
| Investments—publicly traded securities | $22,272,763 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $15,679,489 |
| Total assets | $62,663,141 |
| Accounts payable and accrued expenses | $6,296,536 |
| Grants payable | $0 |
| Deferred revenue | $382,359 |
| Tax-exempt bond liabilities | $20,353,796 |
| 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 | $15,257,962 |
| Total liabilities | $42,290,653 |
| Net assets without donor restrictions | $20,206,466 |
| Net assets with donor restrictions | $166,022 |
| 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 | $62,663,141 |
Grants Awarded
Over the last fiscal year, Christian Homes Inc has awarded $37,315 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
HOOSIER CHRISTIAN VILLAGE PURPOSE: GRANT IS PROVIDED TO THE DESIGNATED COMMUNITY FOR WHEN AN ANNUITANT PASSES AWAY | $11,128 |
HICKORY POINT CHRISTIAN VILLAGE PURPOSE: GRANT IS PROVIDED TO THE DESIGNATED COMMUNITY FOR WHEN AN ANNUITANT PASSES AWAY | $26,187 |