Charles House Association
- Assets
- $2.7m
- Revenue
- $2.0m
- Investments
- $0.0
- Employees
- 68
- Location
- Chapel Hill, NC
- Founding
- 11/1984
- Data as of
- 12/2021
- EIN
- 58-1582881
Organization Overview
Charles House Association is located in Chapel Hill, NC. The organization was established in 1984. According to its NTEE Classification (P71) the organization is classified as: Adult Day Care, under the broad grouping of Human Services and related organizations. As of 12/2021, Charles House Association employed 68 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Charles House Association 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 12/2021, Charles House Association generated $2.0m 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 $1.4m during the year ending 12/2021. While expenses have increased by 1.0% 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
ADULT ELDERCARE HOMES AND DAYCARE PROVIDER. CHARLES HOUSE ASSOCATIONS IS A NONPROFIT ORGANIZATION THAT PROVIDES CERTIFIED DAYCARE AND ELDERCARE HOMES IN A PLEASANT, HOME-LIKE SETTING FOR OLDER ADULTS OR ADULTS WITH DISABILITIES AS A VIABLE ALTERNATIVE TO INSTITUTIONAL CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CHARLES HOUSE ASSOCIATION IS A NONPROFIT ORGANIZATION OPERATING THE CENTER FOR COMMUNITY ELDERCARE AND TWO NEIGHBORHOOD ELDERCARE HOMES. PROGRAMS INCLUDE A CERTIFIED DAYTIME ELDERCARE PROGRAM, THE BRADLEY PROGRAM IN LEARNING & SERVICE AND SUPPORT TO ELDERS AND THEIR CAREGIVING FAMILIES.
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 |
|---|---|---|---|
Paul Klever Executive Director | Officer | 40 | $131,062 |
Suzanne Kalbas Secretary | OfficerTrustee | 1 | $0 |
Robert Spransy Treasurer | OfficerTrustee | 1 | $0 |
Anna Beeber Vice President | OfficerTrustee | 1 | $0 |
Beth Tillman President | OfficerTrustee | 2 | $0 |
Daniel Lehman Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $5,145 |
| Related organizations | $0 |
| Government grants | $612,539 |
| All other contributions, gifts, grants, and similar amounts not included above | $175,212 |
| Noncash contributions included in lines 1a–1f | $10,125 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $792,896 |
| Total Program Service Revenue | $1,168,660 |
| Investment income | $10,641 |
| 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 | $1,972,465 |
| 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. | $140,310 |
| Compensation of current officers, directors, key employees. | $74,009 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $681,255 |
| Pension plan accruals and contributions | $11,538 |
| Other employee benefits | $132,078 |
| Payroll taxes | $77,421 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $66,259 |
| Advertising and promotion | $0 |
| Office expenses | $31,351 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $99,443 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $12,388 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $64,153 |
| Insurance | $21,183 |
| All other expenses | $6,286 |
| Total functional expenses | $1,415,075 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $288,960 |
| Savings and temporary cash investments | $132,417 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $178,836 |
| 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 | $7,031 |
| Net Land, buildings, and equipment | $916,394 |
| Investments—publicly traded securities | $1,189,561 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,713,199 |
| Accounts payable and accrued expenses | $146,580 |
| Grants payable | $0 |
| Deferred revenue | $6,060 |
| 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 | $401,492 |
| Unsecured mortgages and notes payable | $25,000 |
| Other liabilities | $41,000 |
| Total liabilities | $620,132 |
| Net assets without donor restrictions | $2,093,067 |
| 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 | $2,713,199 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Charles House Association has recieved totaling $60,000.
| Awarding Organization | Amount |
|---|---|
Chapel Hill Residential Retirement Center Inc Chapel Hill, NC PURPOSE: BELOW-MARKET RENTS FOR SENIOR DAY CARE CENTER | $60,000 |
Endowment Analysis
| Beg. Balance | $19,057 |
| Other Expense | $19,057 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Adult Center For Enrichment Inc Greensboro, NC | $2,389,034 | $4,332,250 |
New Life Tn Winchester, TN | $5,951,032 | $3,273,560 |
Charles House Association Chapel Hill, NC | $2,713,199 | $1,972,465 |
Circle Center Adult Day Services Richmond, VA | $3,477,648 | $1,159,129 |
Shalom Farms Richmond, VA | $1,427,552 | $1,396,079 |
Adult Care Center Of Roanoke Valley Inc Salem, VA | $1,151,650 | $903,901 |
Paulding Enterprises Inc Dallas, GA | $1,352,935 | $887,582 |
Rosswoods Inc Dalton, GA | $2,212,405 | $878,180 |
Thrive Memphis Memphis, TN | $384,336 | $501,619 |
Creative Living Center Inc Greenville, NC | $43,506 | $167,569 |
The Guest House Inc Gainesville, GA | $0 | $28,593 |
Friendship Adult Day Services Inc Burlington, NC | $107,140 | $174,650 |