Martha Jefferson House
- Assets
- $12.0m
- Revenue
- $6.2m
- Investments
- $0.0
- Employees
- 161
- Location
- Charlottesville, VA
- Founding
- 09/1987
- Data as of
- 09/2023
- EIN
- 54-1401371
Organization Overview
Martha Jefferson House is located in Charlottesville, VA. The organization was established in 1987. 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 09/2023, Martha Jefferson House employed 161 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Martha Jefferson House 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 09/2023, Martha Jefferson House generated $6.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $6.9m during the year ending 09/2023. While expenses have increased by 3.8% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
MARTHA JEFFERSON HOUSE IS A SENIOR LIVING RESIDENTIAL COMMUNITY WHICH PROVIDES INDEPENDENT LIVING, ASSISTED LIVING, AND FULL TIME NURSING CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MARTHA JEFFERSON HOUSE IS A LONG-TERM HOME FOR MEN AND WOMEN OF RETIREMENT AGE AND A LICENSED NURSING HOME FOR THOSE IN NEED OF NURSING CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Heather Parrott President & CEO | Officer | 40 | $141,385 |
Walter Bud Zirkle Chair | OfficerTrustee | 1 | $0 |
Pati Cunningham Vice Chair | OfficerTrustee | 1 | $0 |
Lee Nunn Treasurer | OfficerTrustee | 1 | $0 |
Randi Carr Secretary | OfficerTrustee | 1 | $0 |
Dr Paul Read 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 | $86,886 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $86,886 |
| Total Program Service Revenue | $6,020,456 |
| Investment income | $100,052 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $38,139 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $6,245,533 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $100,758 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $149,785 |
| Compensation of current officers, directors, key employees. | $112,339 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,752,784 |
| Pension plan accruals and contributions | $96,039 |
| Other employee benefits | $462,909 |
| Payroll taxes | $295,544 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,445 |
| Fees for services: Accounting | $43,034 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $32,758 |
| Fees for services: Other | $20,410 |
| Advertising and promotion | $36,098 |
| Office expenses | $41,497 |
| Information technology | $37,383 |
| Royalties | $0 |
| Occupancy | $157,181 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,999 |
| Interest | $156,000 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $198,764 |
| Insurance | $156,137 |
| All other expenses | $214,811 |
| Total functional expenses | $6,902,418 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $582,379 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $173,835 |
| 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 | $11,058 |
| Net Land, buildings, and equipment | $5,130,525 |
| Investments—publicly traded securities | $4,199,276 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,869,314 |
| Total assets | $11,966,387 |
| Accounts payable and accrued expenses | $403,323 |
| 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 | $2,388,985 |
| Unsecured mortgages and notes payable | $440,000 |
| Other liabilities | $0 |
| Total liabilities | $3,232,308 |
| Net assets without donor restrictions | $6,141,597 |
| Net assets with donor restrictions | $2,592,482 |
| 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 | $11,966,387 |