Canterbury Health Care Inc

Organization Overview

Canterbury Health Care Inc, operating under the name Canterbury On The Lake, is located in Waterford, MI. The organization was established in 1992. 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. As of 06/2023, Canterbury On The Lake employed 201 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Canterbury On The Lake 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 06/2023, Canterbury On The Lake generated $21.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $25.9m during the year ending 06/2023. While expenses have increased by 3.5% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE HOUSING, NURSING CARE AND RELATED SERVICES FOR SENIOR ADULTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TO PROVIDE HOUSING, NURSING CARE AND RELATED SERVICES FOR SENIOR ADULTS.


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Board, Officers & Key Employees

Name (title)Compensation
Khurram Baig
Board Member
$0
Carol Bosch
Secretary
$0
Rebecca Braun
Vice Chair
$0
Cheryl Drtuchas
Treasurer
$0
Jennifer Kirkland
Board Member
$0
Cindy Maxwell-Philips
Board Member
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Quality Care Rehab
Rehab Services
$959,326
Life Care Companies Llc
Management
$922,331
Unidine Corporation
Food Service
$2,378,942
Health Alliance Plan Of Michigan
Benefits
$631,808
View All Vendors

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$108,238
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$108,238
Total Program Service Revenue$19,189,761
Investment income $115,751
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $63,592
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $21,376,622

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