Porter Hills Presbyterian Village Inc

Organization Overview

Porter Hills Presbyterian Village Inc, operating under the name Porter Hills Retirement Communities And Services Inc Porter Hills Health Center, is located in Grand Rapids, MI. The organization was established in 2018. 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 06/2022, Porter Hills Retirement Communities And Services Inc Porter Hills Health Center employed 539 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Porter Hills Retirement Communities And Services Inc Porter Hills Health Center 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, Porter Hills Retirement Communities And Services Inc Porter Hills Health Center generated $45.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $36.3m during the year ending 06/2022. While expenses have increased by 0.3% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

ASSISTED LIVING, NURSING CARE, AND INDEPENDENT LIVING.

Describe the Organization's Program Activity:

Part 3 - Line 4a

ASSISTED LIVING, NURSING CARE AND INDEPENDENT LIVING FACILITY FOR THE ELDERLY, TOTAL DAYS OF CARE IN 2021-2022 WAS 131,789 DAYS


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Williams Distributing
Stall Cabinetry
$456,480
Canfield Plumbing & Heating
Heating & Cooling Repairs
$265,507
The Architectural Group Inc
Architectral Supplier
$295,561
Mr Bills Land Tree Snow
Landscaping
$344,699
Verhey Carpets
Flooring Installation
$473,183
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$15,602,862
Government grants $1,101,479
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$16,704,341
Total Program Service Revenue$26,446,230
Investment income $2,200
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $1,967,440
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $45,120,211

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