Vista Grande Villa
- Assets
- $18.1m
- Revenue
- $15.9m
- Investments
- $0.0
- Employees
- 275
- Location
- Jackson, MI
- Founding
- 09/1973
- Data as of
- 12/2021
- EIN
- 38-1941267
Organization Overview
Vista Grande Villa is located in Jackson, MI. The organization was established in 1973. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 12/2021, Vista Grande Villa employed 275 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Vista Grande Villa 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, Vista Grande Villa generated $15.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.1% each year. All expenses for the organization totaled $16.2m during the year ending 12/2021. While expenses have increased by 2.3% 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
RETIREMENT AND CONVALESCENT HOME
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVISION OF RETIREMENT APARTMENT SERVICES, ASSISTED LIVING, AND SKILLED NURSING CARE TO RESIDENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ronald Markowski Treasurer | OfficerTrustee | $0 | |
Jennifer Kelly Vice Preside | OfficerTrustee | $0 | |
Ellen Keatley Secretary | OfficerTrustee | $0 | |
Joe Dunigan President | OfficerTrustee | $0 | |
Greg Putra Director | Trustee | $0 | |
Karen Annable Director | Trustee | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Morrison Community Living Food Srvcs | 12/30/21 | $1,286,092 |
Health-pro Heritage Therapy Srvcs | 12/30/21 | $256,123 |
Jfp Benefit Management Inc | 12/30/21 | $613,176 |
Presbyterian Villages Of Michigan Management Srvc | 12/30/21 | $247,094 |
Garcia Clinical Laboratory | 12/30/21 | $153,896 |
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 | $414,918 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $414,918 |
| Total Program Service Revenue | $14,035,276 |
| Investment income | $2,876 |
| 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 | $15,877,096 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,889,130 |
| Pension plan accruals and contributions | $7,622 |
| Other employee benefits | $818,892 |
| Payroll taxes | $378,435 |
| Fees for services: Management | $280,634 |
| Fees for services: Legal | $161,324 |
| Fees for services: Accounting | $36,390 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $92,842 |
| Office expenses | $424,114 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,249,649 |
| Travel | $95 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,484,325 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,386,455 |
| Insurance | $221,738 |
| All other expenses | $1,221,609 |
| Total functional expenses | $16,241,705 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,755,164 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,351,655 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $115,362 |
| Prepaid expenses and deferred charges | $333,499 |
| Net Land, buildings, and equipment | $12,487,809 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,085,293 |
| Total assets | $18,128,782 |
| Accounts payable and accrued expenses | $4,506,939 |
| Grants payable | $0 |
| Deferred revenue | $72,400 |
| Tax-exempt bond liabilities | $16,207,332 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $4,142,139 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,127,921 |
| Total liabilities | $31,056,731 |
| Net assets without donor restrictions | -$13,422,008 |
| Net assets with donor restrictions | $494,059 |
| 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 | $18,128,782 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Vista Grande Villa has recieved totaling $525,997.
| Awarding Organization | Amount |
|---|---|
Michigan Health Endowment Fund Brighton, MI PURPOSE: VILLAGE GARDEN VENTURE | $499,997 |
Christopher L & M Susan Gust Foundation Chicago, IL PURPOSE: GENERAL PURPOSE | $25,000 |
The Alvin L Glick Foundation Jackson, MI PURPOSE: GENERAL OPERATING | $1,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Blanchard Valley Continuing Care Services Findlay, OH | $61,929,671 | $35,904,527 |
American Senior Communities Group Health Plan Indianapolis, IN | $8,703,398 | $37,045,158 |
Twin Lakes Cincinnati, OH | $221,116,873 | $30,548,357 |
St Leonard Centerville, OH | $96,777,617 | $31,237,067 |
Colonial Senior Services Inc Hamilton, OH | $79,845,037 | $27,642,805 |
Clark Retirement Community Inc Grand Rapids, MI | $96,381,064 | $20,508,927 |
First Community Village Columbus, OH | $122,549,081 | $19,045,598 |
Resthaven Holland, MI | $35,879,779 | $29,087,420 |
Willow Brook Christian Services Delaware, OH | $3,018,622 | $23,582,237 |
Covenant Retirement Communities Of The Great Lakes Conference Grand Rapids, MI | $46,465,743 | $18,284,551 |
Wesleyan Senior Care Inc Elyria, OH | $38,781,786 | $23,501,325 |
Oakwood Village Prairie Ridge Homes Inc Madison, WI | $61,014,266 | $15,535,778 |