Presbyterian Villages Of Michigan
- Assets
- $39.1m
- Revenue
- $13.4m
- Investments
- $0.0
- Employees
- 899
- Location
- Southfield, MI
- Founding
- 10/2019
- Data as of
- 12/2021
- EIN
- 38-1387145
Organization Overview
Presbyterian Villages Of Michigan is located in Southfield, MI. The organization was established in 2019. According to its NTEE Classification (P80) the organization is classified as: Centers to Support the Independence of Specific Populations, under the broad grouping of Human Services and related organizations. As of 12/2021, Presbyterian Villages Of Michigan employed 899 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Presbyterian Villages Of Michigan 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, Presbyterian Villages Of Michigan generated $13.4m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.0% each year . All expenses for the organization totaled $8.6m during the year ending 12/2021. While expenses have increased by 8.6% 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
GUIDED BY OUR CHRISTIAN HERITAGE, WE SERVE SENIORS OF ALL FAITHS AND TO CREATE NEW POSSIBILITIES FOR QUALITY LIVING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
A NON-PROFIT FAITH-BASED ORGANIZATION THAT SPONSORS, DEVELOPS, ADVOCATES, OPERATES AND MANAGES DIVERSE SERVICES, PROGRAMS, CARE AND FACILITIES FOR OLDER ADULTS TOUCHING THE LIVES OF APPROXIMATELY 7,500 PERSONS
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Roger Myers President And CEO | OfficerTrustee | 40 | $603,817 |
Brian Carnaghi Treasurer And CFO | Officer | 40 | $293,122 |
Ladonna Holley Sr VP Of Human Resources | Officer | 40 | $194,496 |
Mark Kronner Chief Inform Officer | Officer | 40 | $154,811 |
Lynn Alexander Sr VP Of Public Relations | Officer | 40 | $149,070 |
David Cunningham VP Of Finance | Officer | 40 | $140,227 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Bc Davenport Pllc Legal Services | 12/30/21 | $130,216 |
Classic Investigative Agency Security Services | 12/30/21 | $116,155 |
Spartan Paving Llc Construction Services | 12/30/21 | $214,417 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $6,064,535 |
| All other contributions, gifts, grants, and similar amounts not included above | $955,110 |
| Noncash contributions included in lines 1a–1f | $700,000 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,019,645 |
| Total Program Service Revenue | $5,315,421 |
| Investment income | $82,943 |
| Tax Exempt Bond Proceeds | $4 |
| 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 | $866,113 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $13,361,695 |
| 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. | $2,202,163 |
| Compensation of current officers, directors, key employees. | $2,202,163 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,969,415 |
| Pension plan accruals and contributions | -$27,035 |
| Other employee benefits | $296,894 |
| Payroll taxes | $278,603 |
| Fees for services: Management | $38,097 |
| Fees for services: Legal | $172,056 |
| Fees for services: Accounting | $55,389 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $321,160 |
| Advertising and promotion | $99,402 |
| Office expenses | $51,469 |
| Information technology | $726,898 |
| Royalties | $0 |
| Occupancy | $247,159 |
| Travel | $96,604 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $13,438 |
| Interest | $53,968 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $260,672 |
| Insurance | $64,772 |
| All other expenses | $665,398 |
| Total functional expenses | $8,606,486 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,057,351 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $7,082,803 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $231,322 |
| Net Land, buildings, and equipment | $6,985,688 |
| Investments—publicly traded securities | $31,565 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $22,670,436 |
| Total assets | $39,059,165 |
| Accounts payable and accrued expenses | $2,079,499 |
| Grants payable | $0 |
| Deferred revenue | $1,227,315 |
| Tax-exempt bond liabilities | $377,823 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,529,141 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,438,545 |
| Total liabilities | $9,652,323 |
| Net assets without donor restrictions | $29,406,842 |
| 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 | $39,059,165 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Presbyterian Villages Of Michigan has recieved totaling $252,768.
| Awarding Organization | Amount |
|---|---|
Community Foundation For Southeast Michigan Detroit, MI PURPOSE: GENERAL OPERATIONS | $200,000 |
Community Foundation For Southeast Michigan Detroit, MI PURPOSE: GENERAL OPERATIONS | $50,268 |
Lee And Maxine Peck Foundation Farmington Hills, MI PURPOSE: PROVIDE SERVICES TO ELDERY ALL FAITH | $2,500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Adec Inc Bristol, IN | $35,707,130 | $22,045,756 |
Training & Treatment Innovations Inc Oxford, MI | $4,219,988 | $19,202,444 |
Michigan Community Services Inc Swartz Creek, MI | $9,785,401 | $17,419,566 |
Buckeye Plain Ministry Group Middlefield, OH | $4,397,089 | $15,353,471 |
Bridgeway Academy Columbus, OH | $11,163,009 | $12,055,177 |
Community Living Alliance Inc Madison, WI | $5,997,811 | $9,392,799 |
Consumer Services Inc Mason, MI | $3,818,010 | $9,133,531 |
Presbyterian Villages Of Michigan Southfield, MI | $39,059,165 | $13,361,695 |
Agape Of Appleton Inc Appleton, WI | $4,000,924 | $8,761,360 |
Michigan 211 Inc Lansing, MI | $2,346,017 | $9,135,117 |
Valley Residential Services Inc St Charles, MI | $2,743,846 | $7,982,043 |
United States Tennis Association Inc Indianapolis, IN | $2,756,106 | $7,539,016 |