Denver Sunset Home
- Assets
- $2.7m
- Revenue
- $2.9m
- Investments
- $0.0
- Employees
- 51
- Location
- Denver, IA
- Founding
- 10/1984
- Data as of
- 12/2022
- EIN
- 42-0893350
Organization Overview
Denver Sunset Home is located in Denver, IA. The organization was established in 1984. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 12/2022, Denver Sunset Home employed 51 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Denver Sunset Home 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, Denver Sunset Home generated $2.9m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 6.9% each year. All expenses for the organization totaled $2.6m during the year ending 12/2022. While expenses have increased by 4.1% per year over the past 4 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
NURSING HOME FOR THE ELDERLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NURSING HOME FOR THE ELDERLY.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Thompson Director | Trustee | 0.5 | $0 |
Ed Traeger Director | Trustee | 0.5 | $0 |
Lyle Faust Director | Trustee | 0.5 | $0 |
Dennis Thurm Director | Trustee | 0.5 | $0 |
Judy Gleason Director | Trustee | 0.5 | $0 |
Betty Monahan Director | Trustee | 0.5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $354,239 |
| Related organizations | $0 |
| Government grants | $32,371 |
| 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 | $386,610 |
| Total Program Service Revenue | $2,415,261 |
| Investment income | $7,047 |
| 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 | $2,884,038 |
| 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. | $61,732 |
| Compensation of current officers, directors, key employees. | $61,732 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $932,648 |
| Pension plan accruals and contributions | $12,099 |
| Other employee benefits | $160,704 |
| Payroll taxes | $82,027 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $796,561 |
| Advertising and promotion | $196 |
| Office expenses | $15,823 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $121,199 |
| Travel | $9,944 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,925 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $80,841 |
| Insurance | $62,788 |
| All other expenses | $1,319 |
| Total functional expenses | $2,632,919 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $312,970 |
| Savings and temporary cash investments | $1,306,785 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $241,010 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $289,192 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $13,030 |
| Net Land, buildings, and equipment | $489,003 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $552 |
| Total assets | $2,652,542 |
| Accounts payable and accrued expenses | $114,996 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $0 |
| Total liabilities | $114,996 |
| Net assets without donor restrictions | $2,527,846 |
| Net assets with donor restrictions | $9,700 |
| 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 | $2,652,542 |