Cottonwood Point Inc
- Assets
- $880.0k
- Revenue
- $836.6k
- Investments
- $0.0
- Employees
- 20
- Location
- Augusta, KS
- Founding
- 11/1994
- Data as of
- 05/2022
- EIN
- 48-1150045
Organization Overview
Cottonwood Point Inc is located in Augusta, KS. The organization was established in 1994. 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 05/2022, Cottonwood Point Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cottonwood Point 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 05/2022, Cottonwood Point Inc generated $836.6k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.0%) each year. All expenses for the organization totaled $687.8k during the year ending 05/2022. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 7 years. 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
COTTONWOOD POINT PROVIDES QUALITY APARTMENT LIVING FOR SENIORS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATIONS OF QUALITY APARTMENT LIVING FOR SENIORS.
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 |
|---|---|---|---|
Carmen J Montague Director Of Operations | Officer | 40 | $51,300 |
Harold Swearingen President | OfficerTrustee | 1 | $0 |
Diedra Chapin Secretary/treasurer | OfficerTrustee | 4 | $0 |
Bob Hirschfeld Vice President | OfficerTrustee | 1 | $0 |
Clint Headley Director | Trustee | 1 | $0 |
Brett Kappelmann Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $774,499 |
| Investment income | $2,136 |
| 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 | $836,590 |
| 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. | $51,300 |
| Compensation of current officers, directors, key employees. | $51,300 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $168,839 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $21,798 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $5,695 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $1,564 |
| Office expenses | $107,035 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $948 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $28,358 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $72,122 |
| Insurance | $46,800 |
| All other expenses | $0 |
| Total functional expenses | $687,846 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $67 |
| Savings and temporary cash investments | $365,109 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $17,200 |
| Net Land, buildings, and equipment | $495,892 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,728 |
| Total assets | $879,996 |
| Accounts payable and accrued expenses | $23,985 |
| 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 | $303,317 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $668 |
| Total liabilities | $327,970 |
| Net assets without donor restrictions | $552,026 |
| 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 | $879,996 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ascension Living Bethlehem Woods Village St Louis, MO | $54,923,098 | $70,603,895 |
Tabitha Inc Lincoln, NE | $67,996,914 | $63,902,168 |
Citizens Memorial Health Care Foundation Bolivar, MO | $45,218,977 | $63,247,284 |
The Childrens Center Inc Bethany, OK | $87,016,749 | $61,518,588 |
Wisconsin Illinois Senior Housing Inc Lakewood, CO | $74,404,734 | $62,323,598 |
Ascension Michigan Cmg St Louis, MO | $10,296,135 | $49,102,663 |
Bethesda Long Term Care Inc St Louis, MO | $61,164,515 | $49,946,296 |
Ranken-Jordan Home For Convalescent Crippled Children Maryland Heights, MO | $140,456,097 | $69,165,620 |
Franciscan Care Services Inc West Point, NE | $100,320,154 | $47,622,735 |
Ascension Living Franciscan Place St Louis, MO | $14,918,135 | $36,267,492 |
Willow Health Care Inc Willow Springs, MO | $35,651,940 | $30,612,109 |
Manhattan Retirement Foundation Inc Manhattan, KS | $82,175,251 | $27,640,240 |