Villas At Saint Therese Inc
- Assets
- $13.6m
- Revenue
- $4.0m
- Investments
- $170.1k
- Employees
- 324
- Location
- Columbus, OH
- Founding
- 03/1946
- Data as of
- 12/2021
- EIN
- 47-2021696
Organization Overview
Villas At Saint Therese Inc is located in Columbus, OH. The organization was established in 1946. According to its NTEE Classification (B28) the organization is classified as: Special Education, under the broad grouping of Education and related organizations. As of 12/2021, Villas At Saint Therese Inc employed 324 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Villas At Saint Therese 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, Villas At Saint Therese Inc generated $4.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.5% each year. All expenses for the organization totaled $4.0m during the year ending 12/2021. While expenses have increased by 7.8% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION IS A ROMAN CATHOLIC INSTITUTION SPONSORED BY THE CARMELITE SISTERS FOR THE AGED AND INFIRM. THE ORGANIZATION'S MISSION IS TO PROVIDE A SECURE AFFORDABLE APARTMENT SETTING FOR MIDDLE-INCOME SENIORS WITH AN EMPHASIS ON INDEPENDENCE THROUGH THE OPERATION OF A NON-PROFIT 75-BED INDEPENDENT LIVING FACILITY AND A 50-BED ASSISTED LIVING FACILITY LOCATED IN COLUMBUS, OHIO.
Describe the Organization's Program Activity:
Part 3 - Line 4a
INDEPENDENT LIVING AND ASSISTED LIVING SERVICES: THE ORGANIZATION'S MISSION IS TO PROVIDE A SECURE AFFORDABLE APARTMENT SETTING FOR MIDDLE-INCOME SENIORS WITH AN EMPHASIS ON INDEPENDENCE THROUGH THE OPERATION OF A NON-PROFIT 75-BED INDEPENDENT LIVING FACILITY AND A 50-BED ASSISTED LIVING FACILITY LOCATED IN COLUMBUS, OHIO.
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 |
|---|---|---|---|
Sr Jeanne Francis Haley President | OfficerTrustee | 1 | $0 |
Sr Peter Lillian Dimaria Vice President | OfficerTrustee | 1 | $0 |
Mr Bert Seymour Treasurer | OfficerTrustee | 1 | $0 |
Mr Carmen Digiovine Secretary | OfficerTrustee | 1 | $0 |
Joanne Whiteman Executive Director | Officer | 20 | $0 |
Most Rev Robert J Brennan Chairperson | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $337,618 |
| All other contributions, gifts, grants, and similar amounts not included above | $27,299 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $364,917 |
| Total Program Service Revenue | $3,392,260 |
| Investment income | $14,584 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $74,121 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,990,810 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,135,880 |
| Pension plan accruals and contributions | $2,540 |
| Other employee benefits | $207,942 |
| Payroll taxes | $81,687 |
| Fees for services: Management | $47,978 |
| Fees for services: Legal | $4,248 |
| Fees for services: Accounting | $16,654 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $3,970 |
| Fees for services: Other | $293,793 |
| Advertising and promotion | $43,085 |
| Office expenses | $9,649 |
| Information technology | $83,293 |
| Royalties | $0 |
| Occupancy | $280,740 |
| Travel | $331 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $420 |
| Interest | $708,921 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $677,487 |
| Insurance | $67,788 |
| All other expenses | $4,261 |
| Total functional expenses | $4,027,444 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $580,716 |
| Savings and temporary cash investments | $171,847 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $46,280 |
| 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 | $5,465 |
| Net Land, buildings, and equipment | $11,824,646 |
| Investments—publicly traded securities | $671,722 |
| Investments—other securities | $170,104 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $175,264 |
| Total assets | $13,646,044 |
| Accounts payable and accrued expenses | $212,632 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $6,786,158 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $7,114,398 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $195,841 |
| Total liabilities | $14,309,029 |
| Net assets without donor restrictions | -$882,735 |
| Net assets with donor restrictions | $219,750 |
| 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 | $13,646,044 |
Endowment Analysis
| Beg. Balance | $150,805 |
| Earnings | $20,519 |
| Other Expense | $1,219 |
| Ending Balance | $170,105 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Pennsylvania School For The Deaf Philadelphia, PA | $50,307,552 | $18,217,495 |
Gibault Inc Terre Haute, IN | $35,353,670 | $13,928,805 |
Pathway School Jeffersonville, PA | $3,810,841 | $12,917,266 |
Camphill Special School Inc Glenmoore, PA | $20,430,616 | $13,695,303 |
Phmc Integrated Philadelphia, PA | $4,344,336 | $13,457,357 |
Lawrence School Broadview Heights, OH | $26,810,351 | $14,941,230 |
St Gabriels System Philadelphia, PA | $4,439,552 | $5,826,592 |
Marburn Academy Inc New Albany, OH | $15,756,031 | $10,606,006 |
Horizon House Delaware Inc Philadelphia, PA | $3,130,608 | $11,237,736 |
Vista School Hershey, PA | $6,322,785 | $9,402,300 |
St John Vianney Center Downingtown, PA | $10,948,461 | $10,648,178 |
Benchmark School Media, PA | $22,463,904 | $10,563,762 |