Laurel Heights Home For The Elderly

Organization Overview

Laurel Heights Home For The Elderly is located in London, KY. The organization was established in 2003. 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 12/2023, Laurel Heights Home For The Elderly employed 373 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Laurel Heights Home For The Elderly 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 12/2023, Laurel Heights Home For The Elderly generated $20.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 2.8% each year. All expenses for the organization totaled $20.5m during the year ending 12/2023. While expenses have increased by 2.7% per year over the past 9 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

THE EXEMPT PURPOSE OF THE ORGANIZATION IS TO PROVIDE HOUSING AND HEALTHCARE SERVICES FOR SENIORS IN OUR COMMUNITY AND SURROUNDING COUNTIES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROVIDED NURSING CARE SERVICES FOR 55,652 PATIENT DAYS.


PROVIDED HOUSING AND DAILY LIVING NEEDS FOR 68 ASSSITED LIVING RESIDENTS.


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Board, Officers & Key Employees

Name (title)Compensation
George Robert King
President
$0
Roy Bowling
Secretary/treasurer
$0
Steve Howard
Director
$0
Lawrence Kuhl
Director
$0
Carrie Ann Mccowan
Director
$0
David Westerfield
Director
$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$49,352
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$49,352
Total Program Service Revenue$20,407,067
Investment income $14,598
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$15,771
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $20,546,365

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