Willard F Bond Home
- Assets
- $6.9m
- Revenue
- $2.8m
- Investments
- $0.0
- Employees
- 61
- Location
- Madison, MS
- Founding
- 09/1948
- Data as of
- 05/2022
- EIN
- 64-0327015
Organization Overview
Willard F Bond Home is located in Madison, MS. The organization was established in 1948. 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 05/2022, Willard F Bond Home employed 61 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Willard F Bond Home 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 05/2022, Willard F Bond Home generated $2.8m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.4% each year. All expenses for the organization totaled $2.3m during the year ending 05/2022. 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
TO COORDINATE AND DELIVER SERVICES THAT MEET THE CHANGING NEEDS OF OLDER ADULTS; TO HELP THE ELDERLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED CARE FOR APPROXIMATELY 95 ELDERLY INDIVIDUALS
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lucille Nichols Deceased Executive Administrator | OfficerTrustee | 40 | $57,118 |
Wallace Collins Treasurer | Trustee | 5 | $0 |
James Hood Co-Chair | Trustee | 1 | $0 |
Mary Butler Director | Trustee | 1 | $0 |
Paula Jackson Director | Trustee | 1 | $0 |
Andrew Mattice 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 | $2,236,048 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,236,048 |
| Total Program Service Revenue | $998,227 |
| Investment income | -$414,240 |
| 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 | $2,844,586 |
| 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. | $58,118 |
| Compensation of current officers, directors, key employees. | $29,059 |
| Compensation to disqualified persons | $1,038,444 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $311,267 |
| Payroll taxes | $85,045 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $30,373 |
| Fees for services: Accounting | $19,295 |
| 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 | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| 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 | $208,833 |
| Insurance | $87,265 |
| All other expenses | $0 |
| Total functional expenses | $2,349,117 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $349,693 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,106 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $8,884 |
| Prepaid expenses and deferred charges | $104,866 |
| Net Land, buildings, and equipment | $1,268,048 |
| Investments—publicly traded securities | $5,119,506 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $6,855,103 |
| Accounts payable and accrued expenses | $112,381 |
| 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 | $17,667 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $130,048 |
| Net assets without donor restrictions | $6,335,976 |
| Net assets with donor restrictions | $389,079 |
| 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 | $6,855,103 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Willard F Bond Home has recieved totaling $6,739.
| Awarding Organization | Amount |
|---|---|
Mississippi United Methodist Foundation Inc Ridgeland, MS PURPOSE: FULFILL CHARITABLE INTENT OF ENDOWMENT | $6,739 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Seniortrust Of Florida Inc Nashville, TN | $0 | $3,809 |
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 |
Methodist Nursing Home Of Fort Smith Inc Fort Smith, AR | $18,757,721 | $13,982,834 |
Wood-Lawn Inc Batesville, AR | $28,619,314 | $12,711,949 |
Golden Age Inc Greenwood, MS | $15,675,602 | $11,163,899 |
Community Care Of Rutherford County Inc Murfreesboro, TN | $10,744,555 | $11,543,577 |
The Kings Daughters And Sons Home Bartlett, TN | $20,930,838 | $10,359,674 |
Henry County Health Care Authority Abbevile, AL | $17,309,445 | $11,213,812 |
St Margarets New Orleans, LA | $35,749,079 | $9,811,309 |
Greene Acres Nursing Home Assc Inc Paragould, AR | $7,686,643 | $13,292,682 |
United States Health & Housing Foundation Inc Ozark, AL | $10,389,566 | $11,062,616 |