Baptist Convalescent Center Inc
- Assets
- $70.4m
- Revenue
- $32.4m
- Investments
- $0.0
- Employees
- 790
- Location
- Erlanger, KY
- Founding
- 04/1954
- Data as of
- 12/2021
- EIN
- 61-0476683
Organization Overview
Baptist Convalescent Center Inc is located in Erlanger, KY. The organization was established in 1954. 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 12/2021, Baptist Convalescent Center Inc employed 790 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baptist Convalescent Center 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 12/2021, Baptist Convalescent Center Inc generated $32.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $31.0m during the year ending 12/2021. While expenses have increased by 4.1% 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
PROVIDING LONG-TERM CARE FOR THE AGED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WE ARE THE LARGEST PROVIDER OF HOUSING, HEALTHCARE AND A VARIETY OF BENEFICIAL SERVICES FOR THE 55+ COMMUNITY IN NORTHERN KENTUCKY. AS A NON-PROFIT FAITH BASED ORGANIZATION, WE ARE COMMITTED TO PROVIDING YOU WITH SOLUTIONS FOR THE CHALLENGES YOU FACE. WE OFFER MANY OPTIONS FOR VARIOUS LEVELS OF SUPPORT THAT ARE SURE TO HELP RELIEVE SOME OF THE STRESS THAT TRANSITION CAN CAUSE. OUR GOAL IS TO ENHANCE YOUR LIFESTYLE WITH QUALITY CHOICES, PROVIDED BY A DEDICATED AND CARING STAFF. SINCE 1952, BLC HAS BEEN STEADILY CHANGING AND GROWING AND WE CONTINUE ON THIS JOURNEY TODAY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Robert Long CEO | Officer | 45 | $182,691 |
Effie Mcintosh CFO | Officer | 45 | $120,105 |
William Santos Chairman | OfficerTrustee | 10 | $0 |
Mike Hales Vice Chairman | OfficerTrustee | 10 | $0 |
Dr Justine Chilelli Board Member | Trustee | 5 | $0 |
Dr Joyce Hamberg Board Member | Trustee | 5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Rehabcare Contracted Therapy Services | 12/30/20 | $1,805,079 |
Mark Spaulding Construction Co Construction | 12/30/20 | $336,621 |
Favorite Healthcare Staffing Nurse Staffing | 12/30/20 | $256,718 |
Prn Services Llc Nurse Staffing | 12/30/20 | $164,263 |
Nkol Llc Computer (It) | 12/30/20 | $121,038 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $4,124,067 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,318 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,131,385 |
| Total Program Service Revenue | $28,031,664 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $107,655 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $19,666 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $32,396,386 |
| 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. | $302,797 |
| Compensation of current officers, directors, key employees. | $40,843 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,754,437 |
| Pension plan accruals and contributions | $87,685 |
| Other employee benefits | $2,382,908 |
| Payroll taxes | $536,874 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $105,572 |
| Fees for services: Accounting | $73,575 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,960,908 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $759,023 |
| Travel | $22,668 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,027,271 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,182,190 |
| Insurance | $10,277 |
| All other expenses | $1,527,352 |
| Total functional expenses | $31,039,694 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $8,663,483 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,327,368 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $25,092 |
| Prepaid expenses and deferred charges | $205,216 |
| Net Land, buildings, and equipment | $49,219,639 |
| Investments—publicly traded securities | $7,445,176 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,543,881 |
| Total assets | $70,429,855 |
| Accounts payable and accrued expenses | $2,067,534 |
| Grants payable | $0 |
| Deferred revenue | $1,276,479 |
| Tax-exempt bond liabilities | $61,371,928 |
| Escrow or custodial account liability | $9,382 |
| 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 | $3,198,273 |
| Total liabilities | $67,923,596 |
| Net assets without donor restrictions | $2,506,259 |
| 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 | $70,429,855 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Baptist Convalescent Center Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Greater Cincinnati Foundation Cincinnati, OH PURPOSE: General Purpose | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Ashby Ponds Inc Ashburn, VA | $1,081,002,554 | $105,782,483 |
Franciscan Communities Inc Lemont, IL | $256,975,349 | $105,555,316 |
Greenspring Village Inc Springfield, VA | $635,246,519 | $86,958,670 |
United Church Homes Inc Marion, OH | $230,951,491 | $117,776,158 |
Goodwin House Incorporated Alexandria, VA | $441,770,291 | $109,508,883 |
John Knox Village Lees Summit, MO | $177,748,432 | $73,269,206 |
Menorah Park Center For Senior Living Beachwood, OH | $96,877,128 | $72,312,185 |
Otterbein Homes Lebanon, OH | $197,247,651 | $73,479,652 |
Westminster-Canterbury Corporation Richmond, VA | $326,286,753 | $77,739,552 |
Virginia United Methodist Homes Inc Glen Allen, VA | $253,887,875 | $70,234,834 |
Westminster-Canterbury On Chesapeake Bay Virginia Beach, VA | $226,856,514 | $70,077,492 |
Bhi Senior Living Inc Indianapolis, IN | $339,336,234 | $58,133,040 |