Calvin Community
- Assets
- $24.5m
- Revenue
- $11.5m
- Investments
- $0.0
- Employees
- 271
- Location
- Des Moines, IA
- Founding
- 02/1967
- Data as of
- 04/2022
- EIN
- 42-0891140
Organization Overview
Calvin Community is located in Des Moines, IA. The organization was established in 1967. 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 04/2022, Calvin Community employed 271 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Calvin Community 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 04/2022, Calvin Community generated $11.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.2% each year. All expenses for the organization totaled $10.8m during the year ending 04/2022. While expenses have increased by 1.6% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
CALVIN COMMUNITY MISSION IS TO PROVIDE, ON A NONPROFIT BASIS, SERVICES TO OLDER ADULTS IN A CARING, CHRISTIAN COMMUNITY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, SPIRITUAL AND PSYCHOLOGICAL NEEDS AND CONTRIBUT TO THEIR HEALTH, SECURITY AND HAPPINESS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED NURSING AND HEALTH CARE FOR SENIOR CITIZENS IN A 59 UNIT FACILITY; PROVIDED 162 ASSISTED LIVING UNITS OF WHICH 21 BEDS ARE DESIGNATED FOR MEMORY CARE AND 66 INDEPENDENT LIVING APARTMENTS AND 6 INDEPENDENT LIVING TOWN HOMES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Carl Koedam President/ce | Officer | 40 | $153,826 |
Nikki Hauck CFO | Officer | 40 | $134,558 |
Mike Glynn Treasurer | OfficerTrustee | 1 | $0 |
Jim Hoffman Board Chairm | OfficerTrustee | 1 | $0 |
Candy Morgan Vice Preside | OfficerTrustee | 1 | $0 |
Dwight Tomes Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Millennium Rehab And Consulting Rehabilitation | 4/29/22 | $600,530 |
Sodexo Inc Maintenance | 4/29/22 | $1,216,622 |
Gtg Construction Llc Construction | 4/29/22 | $204,368 |
Sbs Services Group Llc Cleaning | 4/29/22 | $143,102 |
Graphite Construction Group Inc Construction Co | 4/29/22 | $378,246 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $157,104 |
| Government grants | $1,278,606 |
| 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 | $1,435,710 |
| Total Program Service Revenue | $10,067,106 |
| Investment income | $13,536 |
| 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 | $11,516,352 |
| 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. | $288,384 |
| Compensation of current officers, directors, key employees. | $288,384 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,463,548 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $363,963 |
| Payroll taxes | $425,158 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,094,002 |
| Advertising and promotion | $69,487 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $907,468 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $235,318 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $618,396 |
| Insurance | $109,693 |
| All other expenses | $0 |
| Total functional expenses | $10,819,158 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,487,194 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $562,849 |
| 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 | $297,613 |
| Net Land, buildings, and equipment | $21,906,228 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $255,876 |
| Total assets | $24,509,760 |
| Accounts payable and accrued expenses | $1,593,102 |
| Grants payable | $0 |
| Deferred revenue | $2,156,259 |
| 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 | $13,551,289 |
| Other liabilities | $0 |
| Total liabilities | $17,300,650 |
| Net assets without donor restrictions | $7,209,110 |
| 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 | $24,509,760 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Calvin Community has recieved totaling $6,888.
| Awarding Organization | Amount |
|---|---|
Tuw Robert L & Ruth E Wiese Dallas, TX PURPOSE: UNRESTRICTED GENERAL | $6,888 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Immanuel Retirement Communities Omaha, NE | $159,357,540 | $36,993,278 |
Tarrant County Senior Living Center Inc West Des Moines, IA | $161,252,746 | $23,022,366 |
Barton Creek Senior Living Center Inc West Des Moines, IA | $120,925,043 | $23,689,068 |
Presbyterian Homes And Services Roseville, MN | $66,716,638 | $30,662,544 |
Washington & Jane Smith Community- Orland Park Orland Park, IL | $98,659,201 | $23,019,583 |
Good Shepherd Lutheran Home Of Sauk Rapids Minnesota Sauk Rapids, MN | $33,093,333 | $25,176,810 |
Clare Oaks Bartlett, IL | $26,201,984 | $13,279,793 |
Augustana Health Care Center Of Apple Valley Edina, MN | $23,811,041 | $22,017,190 |
Ness Healthcare Nfp Lincolnwood, IL | $31,649,898 | $15,770,291 |
Moosehaven Inc Mooseheart, IL | $55,843,533 | $19,375,610 |
Minnesota Odd Fellows Home Inc Northfield, MN | $22,867,310 | $19,456,798 |
Oakwood Village Prairie Ridge Homes Inc Madison, WI | $61,014,266 | $15,535,778 |