Adult Care Center Of Central Virginia Inc is located in Lynchburg, VA. The organization was established in 1985. 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 06/2021, Adult Care Center Of Central Virginia Inc employed 7 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Adult Care Center Of Central Virginia 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 06/2021, Adult Care Center Of Central Virginia Inc generated $296.3k in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.6%) each year. All expenses for the organization totaled $275.2k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (3.7%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
ADULT DAY CARE FOR FRAIL OLDER ADULTS, PARTICULARLY THOSE WITH SOME FORM OF DEMENTIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ADULT DAY CARE- PROVIDES DAYCARE FOR FRAIL ADULTS NEEDING CARE AND HAVING A DOCTOR'S CERTIFICATE. MOST SERVED HAVE ALZHEIMER'S SYMPTOMS OR SOME OTHER EVIDENCE OF DEMENTIA.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Vandewater President | OfficerTrustee | 5 | $0 |
Tance Anderson Laughon Director | Trustee | 2 | $0 |
Tracey Langseth Director | Trustee | 2 | $0 |
George Kolar Director | Trustee | 2 | $0 |
Will Poats Treasurer | OfficerTrustee | 5 | $0 |
Lisa Linthicum Director | Trustee | 2 | $0 |
Statement of Revenue | |
---|---|
Total Revenue from Contributions, Gifts, Grants & Similar | $158,586 |
Investment income | $771 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $0 |
Net Income from Fundraising Events | $4,460 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $296,269 |
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. | $56,577 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $125,858 |
Pension plan accruals and contributions | $2,108 |
Other employee benefits | $30,354 |
Payroll taxes | $5,769 |
Fees for services: Management | $0 |
Fees for services: Legal | $114 |
Fees for services: Accounting | $2,676 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $889 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $0 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $10,698 |
Travel | -$1,951 |
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 | $4,026 |
Insurance | $6,212 |
All other expenses | $0 |
Total functional expenses | $275,166 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $53,477 |
Savings and temporary cash investments | $65,909 |
Pledges and grants receivable | $34,120 |
Accounts receivable, net | $55,529 |
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 | $3,147 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $57,731 |
Total assets | $286,372 |
Accounts payable and accrued expenses | $4,486 |
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 | $61,112 |
Other liabilities | $29,496 |
Total liabilities | $95,094 |
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 | $191,278 |