Cedarcroft Home Inc
- Assets
- $1.0m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 100
- Location
- Lebanon, TN
- Founding
- 03/1997
- Data as of
- 12/2021
- EIN
- 62-1641402
Organization Overview
Cedarcroft Home Inc is located in Lebanon, TN. The organization was established in 1997. 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 12/2021, Cedarcroft Home Inc employed 100 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cedarcroft Home 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, Cedarcroft Home Inc generated $2.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.8% each year. All expenses for the organization totaled $2.4m during the year ending 12/2021. While expenses have increased by 3.5% 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
A FACILITY DEDICATED TO THE CARE AND WELFARE OF MENTALLY HANDICAPPED, DISADVANTAGED AND HOMELESS MEN.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO OPERATE A FACILITY DEDICATED TO THE CARE AND WELFARE OF MENTALLY HANDICAPPED, DISADVANTAGED AND HOMELESS MEN. CEDARCROFT OFFERS ROOM AND BOARD WITH THREE NUTRITIOUS MEALS A DAY PLUS EVENING SNACKS. RESIDENTS RECEIVE INDIRECT SUPERVISION OF MEDICATION, MEDICAL SERVICE REFERRALS & TRANSPORTATION, LAUNDRY SERVICES, ACTIVITY OPPORTUNITIES AND MUCH MORE. THE MEN ARE ALSO ENCOURAGED TO PARTICIPATE IN A VARIETY OF LIVING SKILLS IN VARIOUS AREAS AS THEY CHOOSE. NO MAN IS TURNED AWAY BECAUSE OF HIS INABILITY TO PAY AND MANY OF THE RESIDENTS MAY NOT QUALIFY TO LIVE AT A STATE INSTITUTION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Peggy Zide COO | Officer | 40 | $80,745 |
Lisa Moody CFO | Officer | 40 | $54,670 |
John B Bryan President | Trustee | 5 | $0 |
Thomas A Bryan Chairman | Trustee | 2 | $0 |
Tom Bryan Vice Preside | Trustee | 2 | $0 |
Jay White Director | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $5,136 |
| All other contributions, gifts, grants, and similar amounts not included above | $29,812 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $34,948 |
| Total Program Service Revenue | $2,549,568 |
| Investment income | $10,022 |
| 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 | $2,594,538 |
| 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 | $1,124,114 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $28,378 |
| Payroll taxes | $93,503 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $7,000 |
| 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 | $18,490 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $237,480 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,844 |
| Insurance | $58,365 |
| All other expenses | $114,938 |
| Total functional expenses | $2,399,609 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $425,568 |
| Savings and temporary cash investments | $437,975 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $161,785 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,025,328 |
| Accounts payable and accrued expenses | $77,416 |
| 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 | $0 |
| Total liabilities | $77,416 |
| Net assets without donor restrictions | $832,821 |
| Net assets with donor restrictions | $115,091 |
| 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 | $1,025,328 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cedarcroft Home Inc has recieved totaling $20,308.
| Awarding Organization | Amount |
|---|---|
Second Harvest Food Bank Of Middle Tennessee Inc Nashville, TN PURPOSE: TO ASSIST IN FEEDING HUNGRY PEOPLE | $20,308 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Virginia Mennonite Home Inc Harrisonburg, VA | $28,962,463 | $20,540,544 |
Virginia Home Richmond, VA | $132,722,142 | $34,605,321 |
Seniortrust Of Florida Inc Nashville, TN | $0 | $3,809 |
Presbyterian Home Quitman Inc Quitman, GA | $7,771,902 | $17,669,514 |
Riverview Health And Rehabiliation Center Inc Savannah, GA | $21,070,283 | $18,616,274 |
A G Rhodes Home Inc At Wesley Woods Atlanta, GA | $10,164,617 | $18,274,811 |
Plantation Village Inc Wilmington, NC | $93,170,557 | $17,665,347 |
Health Care Authority Of The City Of Enterprise Inc Enterprise, AL | $47,734,510 | $17,693,129 |
United Methodist Senior Services Health Care Inc Tupelo, MS | $8,205,297 | $15,838,611 |
Alamance Extended Care Inc Greensboro, NC | $64,386,325 | $13,908,822 |
Sayre Christian Village Nursing Home Inc Lexington, KY | $15,077,059 | $13,743,731 |
Methodist Nursing Home Of Fort Smith Inc Fort Smith, AR | $18,757,721 | $13,982,834 |