Evans Memorial Home For The Aged Inc

Organization Overview

Evans Memorial Home For The Aged Inc is located in Cresco, IA. The organization was established in 1965. 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, Evans Memorial Home For The Aged Inc employed 100 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Evans Memorial Home For The Aged Inc 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, Evans Memorial Home For The Aged Inc generated $5.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.2% each year. All expenses for the organization totaled $4.0m during the year ending 12/2021. While expenses have increased by 3.5% 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

2021

Describe the Organization's Mission:

Part 3 - Line 1

ASSISTED LIVING AND SKILLED AND LONG-TERM NURSING CARE

Describe the Organization's Program Activity:

Part 3 - Line 4a

EVANS MEMORIAL HOME FOR THE AGED, INC. (THE HOME) IS A NONPROFIT ENTITY ORGANIZED TO PROVIDE HOUSING AND NECESSARY MEDICAL CARE FOR INDIVIDUALS REQUIRING LONG-TERM CARE. THE HOME OPERATES A 46-BED NURSING FACILITY, A 27-UNIT ASSISTED LIVING FACILITY, AND MANAGES AN APARTMENT COMPLEX AND EIGHT CONDOMINIUMS IN CRESCO, IOWA.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Healthcare Of Iowa Inc
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$210,613
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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $850,114
All other contributions, gifts, grants, and similar amounts not included above$948
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$851,062
Total Program Service Revenue$4,114,285
Investment income $8,656
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 $4,974,003

Peer Organizations

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