Parkside Homes Inc
- Assets
- $6.0m
- Revenue
- $5.5m
- Investments
- $69.6k
- Employees
- 215
- Location
- Hillsboro, KS
- Founding
- 05/1962
- Data as of
- 09/2021
- EIN
- 48-0676391
Organization Overview
Parkside Homes Inc is located in Hillsboro, KS. The organization was established in 1962. 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, Parkside Homes Inc employed 215 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Parkside Homes 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 09/2021, Parkside Homes Inc generated $5.5m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.1% each year. All expenses for the organization totaled $6.2m during the year ending 09/2021. While expenses have increased by 4.7% 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
OUR MISSION AT PARKSIDE HOMES INC. IS TO PROVIDE A HIGH QUALITY OF LIFE TO AGING ADULTS AT ALL LEVELS OF OUR RETIREMENT COMMUNITY THROUGH COMPASSIONATE, CHRIST-LIKE, RESIDENT-CENTERED CARE AND SERVICES THAT ALLOW FOR DIGNITY AND GROWTH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NURSING SERVICE: PARKSIDE IS COMMITTED TO PROVIDING EXCELLENT CARE IN A HOME-STYLE SETTING WHILE FOCUSING ON YOUR PHYSICAL, SPIRITUAL AND EMOTIONAL NEEDS. WE PROVIDE EXCELLENT STAFFING PATTERNS OFFERING INDIVIDUALIZED ASSISTANCE WITH CARE PREFERENCES. WE PROVIDE LIFE ENRICHMENT OPPORTUNITIES TO ENRICH THE QUALITY OF YOUR LIFE AND MAINTAIN ENGAGEMENT IN THE GREATER COMMUNITY.
ASSISTED LIVING- PARKSIDE ASSISTED LIVING IS DESIGNED TO MEET YOUR DESIRE FOR OPTIMUM INDEPENDENCE. YOU CHOOSE HOW TO BEST UTILIZE YOUR ENERGY. ON-GOING PERSONALIZED SERVICES SUCH AS MEALS, HOUSEKEEPING, LAUNDRY, MAINTENANCE, AND GROUNDS KEEPING ARE PROVIDED. PERSONAL ASSISTANCE NEEDS ARE DETERMINED INDIVIDUALLY. THE PARKSIDE CAMPUS PROVIDES A WIDE RANGE OF OPPORTUNITIES FOR ACTIVITIES AND VOLUNTEER SERVICE WITHIN MINUTES OF THE RESIDENCE.
INDEPENDENT LIVING- PARK VILLAGE IS A COMMUNITY OF DUPLEXES SPECIFICALLY DESIGNED FOR SENIOR INDEPENDENT LIVING. PARK VILLAGE OFFERS THE PRIVACY OF INDEPENDENT LIVING WITH NO MAINTENANCE OR REPAIRS TO WORRY ABOUT. ADDITIONAL SERVICES CAN BE PROVIDED ON AN INDIVIDUAL-NEEDS BASIS. THESE HOMES ARE ESPECIALLY DESIRABLE BECAUSE THEY OFFER THE FREEDOM TO LIVE THE LIFESTYLE YOU WANT WITH THE COMFORT OF HOME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Krista Heinrichs Board Chair | OfficerTrustee | 2 | $0 |
Roger Fleming Director | Trustee | 1 | $0 |
Garvie Schmidt Director | Trustee | 1 | $0 |
Evan Yoder Director | Trustee | 1 | $0 |
Gayla Ratzlaff Director | Trustee | 1 | $0 |
Judy Heibert Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $344,665 |
| Investment income | $1,716 |
| 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 | $5,544,636 |
| Statement of Expenses | |
|---|---|
| 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. | $116,153 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,598,877 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $266,496 |
| Payroll taxes | $231,791 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $114,919 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $595,136 |
| Advertising and promotion | $18,552 |
| Office expenses | $244,839 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $166,591 |
| Travel | $4,528 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $88,731 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $383,283 |
| Insurance | $170,572 |
| All other expenses | $0 |
| Total functional expenses | $6,223,753 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $214,720 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $439,251 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,572 |
| Prepaid expenses and deferred charges | $76,561 |
| Investments—publicly traded securities | $12,062 |
| Investments—other securities | $69,624 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $40,443 |
| Total assets | $6,010,187 |
| Accounts payable and accrued expenses | $759,285 |
| Grants payable | $0 |
| Deferred revenue | $2,564,893 |
| Tax-exempt bond liabilities | $3,233,217 |
| 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 | $106,801 |
| Total liabilities | $6,664,196 |
| Net assets without donor restrictions | $0 |
| 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 |
| Total liabilities and net assets/fund balances | -$654,009 |