Bourbon Heights Incorporated
- Assets
- $3.0m
- Revenue
- $8.8m
- Investments
- $139.7k
- Employees
- 204
- Location
- Paris, KY
- Founding
- 01/1973
- Data as of
- 09/2023
- EIN
- 61-0650767
Organization Overview
Bourbon Heights Incorporated is located in Paris, KY. The organization was established in 1973. 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, Bourbon Heights Incorporated employed 204 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Bourbon Heights Incorporated 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, Bourbon Heights Incorporated generated $8.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $9.3m during the year ending 09/2023. While expenses have increased by 2.5% 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
BOURBON HEIGHTS, INC. IS A NON-PROFIT LONG-TERM CARE PROVIDER OFFERING A FULL CONTINUUM OF QUALITY CARE THAT INCLUDES INDEPENDENT APARTMENT LIVING, PERSONAL CARE, NURSING FACILITY, ADULT DAY CARE, AND REHABILITATION SERVICES TO THE ELDERLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE CORPORATION'S PRINCIPAL ACTIVITY IS PROVIDING NURSING CARE AND RETIREMENT SERVICES THROUGH 109 LICENSED BEDS AND 29 APARTMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dr Mandy Mccauley Thornberry Chairman | OfficerTrustee | 2 | $0 |
Shea Ernest Director | Trustee | 2 | $0 |
Michelle Bales Vice Chair | OfficerTrustee | 2 | $0 |
Harry B Park Secretary | OfficerTrustee | 2 | $0 |
Jeff Bell Director | Trustee | 2 | $0 |
Wayne Logan Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Aegis Therapies Therapy Provider | 9/29/23 | $848,381 |
Shiftkey Scheduling Services | 9/29/23 | $667,965 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $100,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,060 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $101,060 |
| Total Program Service Revenue | $8,581,945 |
| Investment income | $17,948 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $14,833 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,776,864 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,951,924 |
| Pension plan accruals and contributions | $11,798 |
| Other employee benefits | $268,045 |
| Payroll taxes | $218,972 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $16,869 |
| Fees for services: Accounting | $119,855 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,486,521 |
| Advertising and promotion | $7,997 |
| Office expenses | $32,324 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $162,401 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,280 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $118,487 |
| Insurance | $389,169 |
| All other expenses | $546,883 |
| Total functional expenses | $9,264,222 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $154,252 |
| Savings and temporary cash investments | $223,631 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $972,897 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $43,726 |
| Prepaid expenses and deferred charges | $94,184 |
| Net Land, buildings, and equipment | $747,215 |
| Investments—publicly traded securities | $627,208 |
| Investments—other securities | $139,689 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,002,802 |
| Accounts payable and accrued expenses | $801,979 |
| 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 | $0 |
| Other liabilities | $463,329 |
| Total liabilities | $1,265,308 |
| Net assets without donor restrictions | $1,737,494 |
| 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 | $3,002,802 |