Calvin Community
- Assets
- $24.1m
- Revenue
- $12.0m
- Investments
- $0.0
- Employees
- 248
- Location
- Des Moines, IA
- Founding
- 02/1967
- Data as of
- 04/2023
- 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 04/2023, Calvin Community employed 248 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 04/2023, Calvin Community generated $12.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.5% each year. All expenses for the organization totaled $13.5m during the year ending 04/2023. While expenses have increased by 4.3% 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
2023
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 |
|---|---|---|---|
Nikki Hauck CEO | Officer | 40 | $159,532 |
Matt Puffer Hr Director | 40 | $112,893 | |
Toni Olney Qapi | 40 | $103,703 | |
Crissy Link Director Of | 40 | $101,046 | |
Colton Barton CFO | Officer | 40 | $96,087 |
Carl Koedam Former CEO | $102,134 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sodexo Inc Maintenance | 4/29/23 | $1,364,633 |
Millennium Rehab And Consulting Rehabilitation | 4/29/23 | $390,045 |
Gilcrest Flooring | 4/29/23 | $205,114 |
Gtg Construction Llc Construction | 4/29/23 | $116,422 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $650,000 |
| Government grants | $0 |
| 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 | $650,000 |
| Total Program Service Revenue | $11,380,567 |
| Investment income | $14,989 |
| 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 | $12,045,556 |
| 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. | $255,619 |
| Compensation of current officers, directors, key employees. | $255,619 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,080,800 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $439,614 |
| Payroll taxes | $420,926 |
| 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 | $1,344,901 |
| Advertising and promotion | $88,339 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,447,649 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $704,423 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,084,397 |
| Insurance | $144,308 |
| All other expenses | $0 |
| Total functional expenses | $13,506,029 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,020,120 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $795,808 |
| 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 | $320,723 |
| Net Land, buildings, and equipment | $21,468,064 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $515,799 |
| Total assets | $24,120,514 |
| Accounts payable and accrued expenses | $1,702,132 |
| Grants payable | $0 |
| Deferred revenue | $2,390,455 |
| 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 | $14,188,933 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $90,357 |
| Total liabilities | $18,371,877 |
| Net assets without donor restrictions | $5,748,637 |
| 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 | $24,120,514 |