Chosen Vision
- Assets
- $3.8m
- Revenue
- $2.1m
- Investments
- $0.0
- Employees
- 37
- Location
- Grand Ledge, MI
- Founding
- 09/1992
- Data as of
- 12/2022
- EIN
- 38-3006681
Organization Overview
Chosen Vision is located in Grand Ledge, MI. The organization was established in 1992. According to its NTEE Classification (X20) the organization is classified as: Christianity, under the broad grouping of Religion-Related and related organizations. As of 12/2022, Chosen Vision employed 37 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chosen Vision 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 12/2022, Chosen Vision generated $2.1m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 12.5% each year . All expenses for the organization totaled $1.4m during the year ending 12/2022. While expenses have increased by 8.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ENABLE DEVELOPMENTALLY DISABLED ADULTS TO LIVE IN A SAFE, SECURE CHRISTIAN ENVIRONMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING RESIDENTIAL HOMES FOR ADULTS WHO ARE MENTALLY AND PHYSICALLY CHALLENGED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Russell Chairman | OfficerTrustee | $0 | |
Melanie Dart Secretary | OfficerTrustee | $0 | |
David Geers Treasurer | OfficerTrustee | $0 | |
Tom Motz Board Member | Trustee | $0 | |
Jennifer Wieland Board Member | Trustee | $0 | |
Joshua Diehl Board Member | Trustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $754,943 |
| All other contributions, gifts, grants, and similar amounts not included above | $734,275 |
| Noncash contributions included in lines 1a–1f | $392,400 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,489,218 |
| Total Program Service Revenue | $402,856 |
| Investment income | $17,722 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $176,886 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,086,682 |
| 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 | $817,716 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $5,670 |
| Payroll taxes | $69,116 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,920 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,919 |
| Advertising and promotion | $5,626 |
| Office expenses | $8,775 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $63,332 |
| Travel | $30,522 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $80,270 |
| Insurance | $49,200 |
| All other expenses | $9,738 |
| Total functional expenses | $1,352,224 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $171,639 |
| Savings and temporary cash investments | $630,116 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $137,619 |
| 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 | $19,934 |
| Net Land, buildings, and equipment | $1,909,534 |
| Investments—publicly traded securities | $901,359 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,770,201 |
| Accounts payable and accrued expenses | $16,144 |
| Grants payable | $0 |
| Deferred revenue | $4,137 |
| Tax-exempt bond liabilities | $0 |
| 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 | $41,473 |
| Total liabilities | $61,754 |
| Net assets without donor restrictions | $3,708,447 |
| 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 | $3,770,201 |