Menifee County Nursing Home Corporation
- Assets
- $669.5k
- Revenue
- $3.5m
- Investments
- $0.0
- Employees
- 125
- Location
- Frenchburg, KY
- Founding
- 07/1996
- Data as of
- 02/2022
- EIN
- 61-1256465
Organization Overview
Menifee County Nursing Home Corporation is located in Frenchburg, KY. The organization was established in 1996. 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 02/2022, Menifee County Nursing Home Corporation employed 125 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Menifee County Nursing Home Corporation 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 02/2022, Menifee County Nursing Home Corporation generated $3.5m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (2.4%) each year. All expenses for the organization totaled $3.3m during the year ending 02/2022. As we would expect to see with falling revenues, expenses have declined by (3.5%) 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE CARE TO THE ELDERLY AND DISABLED IN A NURSING HOME SETTING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE CARE TO THE ELDERLY AND DISABLED IN A NURSING HOME SETTING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eddie Bryant Treasurer | Officer | 1 | $0 |
Rick Stiltner President | Officer | 1 | $0 |
John Daniel Rhodes Vice President | Officer | 1 | $0 |
Larissa Smallwood Director | Trustee | 1 | $0 |
Phyllis Lawson 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 | $788 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $788 |
| Total Program Service Revenue | $3,490,338 |
| Investment income | $192 |
| 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 | $3,491,318 |
| 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 | $1,899,208 |
| Pension plan accruals and contributions | $3,043 |
| Other employee benefits | $64,507 |
| Payroll taxes | $133,173 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,630 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $21,176 |
| Information technology | $54,775 |
| Royalties | $0 |
| Occupancy | $106,328 |
| Travel | $311 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $44,056 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $36,256 |
| Insurance | $247,606 |
| All other expenses | $32,702 |
| Total functional expenses | $3,277,412 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,265 |
| Savings and temporary cash investments | $58,458 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $286,895 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $9,375 |
| Prepaid expenses and deferred charges | $58,462 |
| Net Land, buildings, and equipment | $224,084 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $30,008 |
| Total assets | $669,547 |
| Accounts payable and accrued expenses | $571,715 |
| 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 | $963,177 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $28,508 |
| Total liabilities | $1,563,400 |
| Net assets without donor restrictions | -$893,853 |
| 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 | $669,547 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Menifee County Nursing Home Corporation has recieved totaling $5.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Montgomery Place Chicago, IL | $31,885,880 | $16,111,662 |
Bishop Spencer Place Inc Kansas City, MO | $31,543,334 | $13,908,229 |
Lakeshore Estate Inc Nashville, TN | $27,064,642 | $18,022,154 |
Sunset Retirement Communities Inc Toledo, OH | $108,190,573 | $24,563,176 |
Bethesda Health Group Inc St Louis, MO | $17,800,638 | $4,853,543 |
Brethren Retirement Community Greenville, OH | $42,948,048 | $21,022,668 |
Beth Sholom Home Of Eastern Virginia Virginia Beach, VA | $27,551,493 | $20,688,012 |
Central Baptist Home For The Aged Norridge, IL | $67,571,437 | $21,182,649 |
Presbyterian Homes And Services Of Ky Inc Louisville, KY | $21,197,492 | $21,992,512 |
Good Samaritan Home Of Quincy Quincy, IL | $32,676,656 | $19,097,575 |
Friendship Village Of Columbus Ohio Inc Columbus, OH | $29,113,635 | $19,234,809 |
Covenant Home Illinois Northbrook, IL | $166,475,205 | $19,986,763 |