Christian Retirement Homes Inc, operating under the name Eastmont Towers Community, is located in Lincoln, NE. The organization was established in 1975. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 09/2021, Eastmont Towers Community employed 293 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eastmont Towers 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 09/2021, Eastmont Towers Community generated $12.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.3% each year. All expenses for the organization totaled $13.2m during the year ending 09/2021. While expenses have increased by 1.2% per year over the past 6 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
TO PROVIDE CARE ACROSS THE CONTINUUM IN A RETIREMENT COMMUNITY ENVIRONMENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
EASTMONT IS A FULL CONTINUUM PROVIDER. RESIDENTS, WHO CHOOSE EASTMONT AS THEIR HOME, ENTER INTO A LIFE CARE AGREEMENT, WHICH PROVIDES ACCESS TO DIFFERENT LEVELS OF SERVICE ON ONE CAMPUS. THE JOURNEY BEGINS IN INDEPENDENT LIVING. THERE ARE 121 APARTMENTS OF VARIOUS SIZES AND DESIGN, WHICH ARE LOCATED IN THREE DIFFERENT BUILDINGS ON THE PROPERTY. THE APARTMENTS ARE KEPT UP TO DATE AND RENOVATED WITH QUALITY CONSTRUCTION. LIVING INDEPENDENTLY AT EASTMONT INCLUDES SERVICES SUCH AS A MEAL PLAN, TRANSPORTATION TO SHOPPING AND MEDICAL APPOINTMENTS, BI-WEEKLY HOUSEKEEPING, MAINTENANCE, AND A RICH PROGRAM AND EVENTS SCHEDULE. EASTMONT PROVIDES 24-HOUR EMERGENCY RESPONSE TO APARTMENTS AND RESIDENTS HAVE ACCESS MONDAY - FRIDAY TO A NURSE IN ONE OF TWO CLINICS ON CAMPUS. EASTMONT ALSO PROVIDES MANY OPPORTUNITIES FOR SPIRITUAL FULFILLMENT INCLUDING A CHAPLAIN WHO CONDUCTS SERVICES ON CAMPUS AND WILL ASSIST WITH SPIRITUAL NEEDS WHEN REQUESTED. THE HEALTH CARE TEAM WILL HELP RESIDENTS NAVIGATE DIFFERENT LEVELS OF CARE IF THEIR HEALTH NEEDS CHANGE.
THE NEXT LEVEL OF CARE AT EASTMONT IS ASSISTED LIVING FOR THOSE INDIVIDUALS WHO MAY NEED ASSISTANCE WITH ACTIVITIES OF DAILY LIVING. THE SEASONS IS LICENSED AS ASSISTED LIVING AND IS LOCATED ON THE EASTMONT CAMPUS. THE SEASONS PROVIDES 41 ONE-BEDROOM APARTMENTS AND USES AN ACTIVITY-DRIVEN SOCIAL MODEL WITH AN EMPHASIS ON FELLOWSHIP, ENRICHMENT, AND EDUCATIONAL OPPORTUNITIES. RESIDENTS HAVE ACCESS TO LICENSED PROFESSIONAL NURSING STAFF ON CAMPUS 24 HOURS PER DAY. INDIVIDUALS HAVE TAILORED PROGRAMS THAT CAN INCLUDE ASSISTANCE WITH ACTIVITIES OF DAILY LIVING, MEDICATION MANAGEMENT, HEALTH MAINTENANCE ACTIVITIES, TRANSFERS OR AMBULATION, OXYGEN, AND ADDITIONAL COMPANION OR HOME HEALTH NEEDS.
EASTMONT ALSO PROVIDES A HEALTH CENTER, WHICH IS LICENSED FOR MEDICARE AND PROVIDES BOTH SHORT-TERM REHABILITATION IN 10 ROOMS AND LONG-TERM CARE IN 11 ROOMS. THEY ARE DESIGNATED AS SEMI-PRIVATE (CAN ACCOMMODATE TWO OCCUPANTS), BUT IN RESPONSE TO THE MARKET, EASTMONT OPERATES THEM AS PRIVATE ROOMS. THE HEALTH CENTER PROVIDES SKILLED NURSING, AND PHYSICAL, OCCUPATIONAL, AND SPEECH THERAPY IN AN INTERDISCIPLINARY ENVIRONMENT. ADDITIONALLY, SPIRITUAL GUIDANCE, SOCIAL WORK, CASE MANAGEMENT, AND CARE SERVICES ARE PROVIDED FOR THE OVERALL PSYCHOSOCIAL WELL-BEING OF THE PATIENTS. THE CARE CENTER IS GUIDED BY A MEDICAL DIRECTOR, LICENSED NURSING HOME ADMINISTRATOR, AND DIRECTOR OF NURSING.
THE MONARCH IS A FREE-STANDING SIX-BED FACILITY, LICENSED AS ASSISTED LIVING, DEDICATED TO ENHANCE THE CONTINUITY AND QUALITY OF HOSPICE CARE DELIVERED TO TERMINALLY ILL PEOPLE IN THE COMMUNITY. THE MONARCH PROVIDES A BEAUTIFUL HOME-LIKE ENVIRONMENT WITH SPACE FOR FAMILY AND FRIENDS TO GATHER. TRAINED STAFF PARTNER WITH ALL AREA HOSPICE AGENCIES TO PROVIDE COMFORT/PALLIATIVE CARE TO RESIDENTS AND THEIR FAMILIES. RESIDENTS MUST BE ESTABLISHED WITH A HOSPICE CARE PROVIDER AND NEED PARTIAL OR TOTAL ASSISTANCE WITH THE ACTIVITIES OF DAILY LIVING. MEDICAL SUPERVISION IS ARRANGED FOR BY THE RESIDENT, FAMILY, OR OTHER PERSONS BEFORE ADMISSION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Andrew Fisher Mha Nha Executive Director | Officer | 30 | $146,326 |
Torsten Hirche President & CEO | OfficerTrustee | 1 | $0 |
Scott Lumsden Vice Chair & Chair | OfficerTrustee | 0.1 | $0 |
John Iwanski Chair & Director | OfficerTrustee | 0.1 | $0 |
Mary Wagner Director & Vice Chair | OfficerTrustee | 0.1 | $0 |
Michael Connell Treasurer & CFO | Officer | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Peak Performance Ms Marketing Services | 9/29/21 | $260,076 |
Redler's Tlc Pharmacy Services | 9/29/21 | $134,597 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $1,060,111 |
Government grants | $469,211 |
All other contributions, gifts, grants, and similar amounts not included above | $19 |
Noncash contributions included in lines 1a–1f | $7,490 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,529,341 |
Total Program Service Revenue | $11,092,905 |
Investment income | $18,978 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $750 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $12,805,842 |
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. | $170,324 |
Compensation of current officers, directors, key employees. | $170,324 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $5,734,718 |
Pension plan accruals and contributions | $141,878 |
Other employee benefits | $898,368 |
Payroll taxes | $418,885 |
Fees for services: Management | $573,289 |
Fees for services: Legal | $11,888 |
Fees for services: Accounting | $87,876 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $11,415 |
Fees for services: Other | $154,729 |
Advertising and promotion | $324,044 |
Office expenses | $76,625 |
Information technology | $141,918 |
Royalties | $0 |
Occupancy | $910,442 |
Travel | $35,528 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $20,746 |
Interest | $104,429 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,600,070 |
Insurance | $244,417 |
All other expenses | $179,014 |
Total functional expenses | $13,218,406 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,469,312 |
Savings and temporary cash investments | $4,922,213 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $521,957 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $41,791 |
Prepaid expenses and deferred charges | $108,892 |
Net Land, buildings, and equipment | $21,377,338 |
Investments—publicly traded securities | $1,439,612 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $1,712 |
Total assets | $30,882,827 |
Accounts payable and accrued expenses | $876,680 |
Grants payable | $0 |
Deferred revenue | $5,044,361 |
Tax-exempt bond liabilities | $12,181,997 |
Escrow or custodial account liability | $1,121,028 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $4,278,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $9,465,353 |
Total liabilities | $32,967,419 |
Net assets without donor restrictions | -$2,558,763 |
Net assets with donor restrictions | $474,171 |
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 | $30,882,827 |
Over the last fiscal year, we have identified 1 grants that Christian Retirement Homes Inc has recieved totaling $1,000,000.
Awarding Organization | Amount |
---|---|
Presbyterian Retirement Communities Northwest Bellevue, WA PURPOSE: GENERAL OPERATING SUPPORT | $1,000,000 |
Beg. Balance | $411,273 |
Earnings | $68,810 |
Admin Expense | $2,676 |
Grants | $6,089 |
Ending Balance | $471,318 |
Organization Name | Assets | Revenue |
---|---|---|
Bethesda Foundation Colorado Springs, CO | $104,909,820 | $43,407,177 |
Lakeview Village Inc Lenexa, KS | $137,708,063 | $49,070,478 |
Frasier Meadows Manor Inc Boulder, CO | $252,296,856 | $40,732,560 |
Friendship Village Of West County Chesterfield, MO | $195,171,509 | $29,494,334 |
Bslc Ii Colorado Springs, CO | $101,154,124 | $30,600,534 |
Larksfield Place Retirement Communities Inc Wichita, KS | $52,859,205 | $27,697,106 |
Ascension Living Alexian Village Tennesee St Louis, MO | $81,127,396 | $25,054,380 |
Village Shalom Inc Overland Park, KS | $95,247,964 | $19,643,376 |
Christian Homes Inc St Louis, MO | $88,969,288 | $25,728,575 |
Stonehill Franciscan Services Dubuque, IA | $38,832,179 | $25,680,580 |
Presbyterian Retirement Village Of Rapid City Inc Rapid City, SD | $122,977,184 | $26,029,434 |
Congregational Home Topeka, KS | $55,530,899 | $25,393,014 |