Terrace Gardens Retirement Center Inc
- Assets
- $1.3m
- Revenue
- $1.4m
- Investments
- $0.0
- Employees
- 33
- Location
- Perryville, MO
- Founding
- 04/1984
- Data as of
- 06/2022
- EIN
- 43-1522333
Organization Overview
Terrace Gardens Retirement Center Inc is located in Perryville, MO. The organization was established in 1984. According to its NTEE Classification (P70) the organization is classified as: Residential Care & Adult Day Programs, under the broad grouping of Human Services and related organizations. As of 06/2022, Terrace Gardens Retirement Center Inc employed 33 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Terrace Gardens Retirement Center 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 06/2022, Terrace Gardens Retirement Center Inc generated $1.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 8.8% each year. All expenses for the organization totaled $1.1m during the year ending 06/2022. While expenses have increased by 6.0% 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
PROVIDE AND MAINTAIN RESIDENCE FACILITY FOR INTELLECTUALLY DISABLED AND PROVIDE CAREGIVER SERVICE FOR RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TERRACE GARDENS RETIREMENT CENTER, INC. OPERATES A HOME FOR THE INTELLECTUALLY DISABLED IN PERRYVILLE, MO.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Janel Erzfeld Exec Directo | Trustee | 40 | $70,088 |
Kenneth Anderson President | Officer | 2 | $0 |
Gail Zoellner Vice Preside | Officer | 2 | $0 |
Scott Hotop Treasurer | Officer | 2 | $0 |
Kathe Ramsey Secretary | Officer | 2 | $0 |
Renee Lottes Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $21,162 |
| 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 | $21,162 |
| Total Program Service Revenue | $1,327,845 |
| Investment income | $1,200 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$1,054 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $1,350,974 |
| 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. | $70,088 |
| Compensation of current officers, directors, key employees. | $70,088 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $645,449 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $106,723 |
| Payroll taxes | $53,951 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $2,301 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $5,879 |
| Advertising and promotion | $402 |
| Office expenses | $442 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $15 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $24,455 |
| Insurance | $42,309 |
| All other expenses | $28,152 |
| Total functional expenses | $1,074,078 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $341,366 |
| Savings and temporary cash investments | $558,379 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $108,658 |
| 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 | $14,297 |
| Net Land, buildings, and equipment | $256,005 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $42,699 |
| Total assets | $1,321,404 |
| Accounts payable and accrued expenses | $61,383 |
| 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 | $30,816 |
| Total liabilities | $92,199 |
| Net assets without donor restrictions | $1,229,205 |
| 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 | $1,321,404 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Terrace Gardens Retirement Center Inc has recieved totaling $151.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $151 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Comprehensive Systems Inc Charles City, IA | $6,739,515 | $18,627,852 |
Little Friends Inc Warrenville, IL | $18,391,255 | $20,140,432 |
Mooseheart Child City & School Inc Mooseheart, IL | $17,831,241 | $18,575,537 |
Village Northwest Unlimited Sheldon, IA | $21,763,774 | $17,290,667 |
Developmental Services Of Dickson County Dickson, TN | $11,323,972 | $14,070,114 |
United Methodist Childrens Home Inc Little Rock, AR | $23,403,200 | $9,139,789 |
Mbch Children And Family Ministries Bridgeton, MO | $7,025,315 | $12,548,210 |
Mayflower Homes Inc Grinnell, IA | $23,673,082 | $8,598,573 |
Services By Design Inc St Louis, MO | $3,659,440 | $10,246,467 |
Wichita Childrens Home Wichita, KS | $21,789,498 | $10,282,941 |
Omaha Home For Boys Omaha, NE | $92,620,011 | $10,830,640 |
Oakwood Retirement Village Inc Enid, OK | $6,058,575 | $10,557,285 |