Baptist Homes-Parrs Rest Inc
- Assets
- $4.5m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Louisville, KY
- Founding
- 08/2000
- Data as of
- 12/2021
- EIN
- 61-1372029
Organization Overview
Baptist Homes-Parrs Rest Inc is located in Louisville, KY. The organization was established in 2000. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baptist Homes-Parrs Rest 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 Homes-Parrs Rest Inc generated $2.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (8.6%) each year. All expenses for the organization totaled $2.7m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (7.8%) 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
IN KEEPING WITH THE SPIRIT AND TEACHING OF JESUS CHRIST, IN WHOSE NAME THIS MINISTRY WAS FOUNDED AND SUSTAINED, IS TO PROVIDE FOR THE NEEDS OF THOSE ENTRUSTED TO US BY HIM. IT IS OUR PURPOSE TO SUPPLY CARE - PHYSICAL, SPIRITUAL AND EMOTIONAL, IN A CHRISTIAN ATMOSPHERE TO ENHANCE THE HIGHEST QUALITY OF LIFE ATTAINABLE TO ALL PERSONS INVOLVED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED PERSONAL CARE AND ASSISTED LIVING SERVICES FOR 91 PERSONAL CARE BEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Larry Dauenhauer President/treasurer/secretary | OfficerTrustee | 1 | $0 |
Ray Hayes Trustee | Trustee | 1 | $0 |
Walter Jones Trustee | Trustee | 1 | $0 |
John Dotson Trustee | 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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $2,579,047 |
| Investment income | $0 |
| 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 | $2,602,098 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $129,432 |
| Fees for services: Legal | $7,800 |
| 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 | $0 |
| Advertising and promotion | $90 |
| Office expenses | $3,126 |
| Information technology | $425 |
| Royalties | $0 |
| Occupancy | $1,109,405 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $4,299 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $58,237 |
| Insurance | $0 |
| All other expenses | $10,621 |
| Total functional expenses | $2,693,088 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,493 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $48,541 |
| 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 | $80,019 |
| Net Land, buildings, and equipment | $94,597 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,237,866 |
| Total assets | $4,464,516 |
| Accounts payable and accrued expenses | $344,589 |
| Grants payable | $0 |
| Deferred revenue | $558,149 |
| 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 | $55,573 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,241,645 |
| Total liabilities | $3,199,956 |
| Net assets without donor restrictions | $1,264,560 |
| 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 | $4,464,516 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
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Wesleyan Senior Care Inc Elyria, OH | $38,781,786 | $23,501,325 |
The Glebe Inc Glen Allen, VA | $79,347,451 | $20,057,701 |
Saint Anne Home And Retirment Community Fort Wayne, IN | $21,467,824 | $25,970,139 |
Lewis Memorial Christian Village St Louis, MO | $48,381,888 | $18,539,239 |
Alliance Foundation Of Florida Inc Fairfax, VA | $3,980,019 | $2,209,632 |
Prairie Landing Community Inc Indianapolis, IN | $109,459,923 | $13,961,062 |
Hubbard Hill Estates Inc Elkhart, IN | $40,723,668 | $16,327,220 |
Fairhaven Christian Home Rockford, IL | $28,131,692 | $15,992,551 |
Mother Angeline Mccrory Manor Inc Columbus, OH | $23,036,099 | $15,389,300 |
Villa St Benedict Lisle, IL | $63,409,322 | $15,184,886 |
Bethesda Senior Living Inc St Louis, MO | $51,618,462 | $21,887,696 |