Silver Cross Home
- Assets
- $3.3m
- Revenue
- $332.7k
- Investments
- $1.3m
- Employees
- 0
- Location
- Brookhaven, MS
- Founding
- 01/1968
- Data as of
- 09/2022
- EIN
- 64-0441776
Organization Overview
Silver Cross Home is located in Brookhaven, MS. The organization was established in 1968. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Silver Cross 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 09/2022, Silver Cross Home generated $332.7k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $391.9k during the year ending 09/2022. While expenses have increased by 4.7% per year over the past 6 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.
Since 2015, Silver Cross Home has awarded 92 individual grants totaling $1,293,318. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Allen Board Member | 0 | $0 | |
Wanda Hart Chairman | 0 | $0 | |
Jan Melancon Board Member | 0 | $0 | |
Ellen Williamson Secretary | 0 | $0 | |
Harriett Proffitt Vice Chairma | 0 | $0 | |
Bonnie Palmer Board Member | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $0 |
| Interest on Savings | $0 |
| Dividends & Interest | $70,865 |
| Net Rental Income | $153,172 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $26,767 |
| Total Revenue | $332,698 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $0 |
| Pension plans, employee benefits | $0 |
| Interest | $0 |
| Taxes | $2,000 |
| Depreciation | $81,894 |
| Occupancy | $0 |
| Travel, conferences, and meetings | $0 |
| Printing and publications | $0 |
| Other expenses | $82,642 |
| Total operating and administrative expenses | $173,536 |
| Contributions, gifts, grants paid | $218,379 |
| Total expenses and disbursements | $391,915 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $267,465 |
| Savings and temporary cash investments | $518,703 |
| Net Accounts receivable | $4,595 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Investments - land, buildings, equipment | $35,057 |
| Investments—mortgage loans | $0 |
| Investments—other | $1,277,644 |
| Net Land, buildings, and equipment | $1,148,245 |
| Other assets | $0 |
| Total assets | $3,251,709 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $123,666 |
| Total liabilities | $123,666 |
Grants Awarded
Over the last fiscal year, Silver Cross Home has awarded $218,379 in support to 14 organizations.
| Grant Recipient | Amount |
|---|---|
KINGSBOROUGH APARTMENTS PURPOSE: FACILITY REPAIRS | $75,000 |
Madison, GA PURPOSE: LITERACY PROGRAM FOR KIDS | $25,000 |
TEAAM PURPOSE: SCHOLARSHIPS FOR AUTISTIC SUMMER CAM | $25,000 |
FELLOWSHIP OF CHRISTIAN ATHELETES PURPOSE: ORGANIZATION EFFORT FOR SOUTHWEST MS | $20,000 |
SECOND CHANCE MS PURPOSE: ADULT EDUCATION ASSISTANCE | $15,000 |
Crystal Springs, MS PURPOSE: SPECIAL CHALLENGED KIDS CAMP | $10,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Silver Cross Home has recieved totaling $4,711.
| Awarding Organization | Amount |
|---|---|
Wiliam A Coleman Tr Ua Trustmark Natl Bank Ttee Jackson, MS PURPOSE: GENERAL SUPPORT | $4,711 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Arkansas Elder Outreach Of Little Rock Inc Baton Rouge, LA | $55,461,599 | $88,695,482 |
Georgia Protoncare Center Baton Rouge, LA | $299,146,657 | $36,026,714 |
Ocoee Foundation Inc Cleveland, TN | $61,804,087 | $65,905,921 |
Notre Dame Health System New Orleans, LA | $52,038,508 | $55,980,396 |
Hillcrest Healthcare Communities Inc Knoxville, TN | $35,116,427 | $32,663,319 |
Hoosier Care Inc Nashville, TN | $26,628,977 | $41,569,947 |
Ollie Steele Burden Manor Inc Baton Rouge, LA | $15,175,738 | $20,028,612 |
Bnai Brith Home & Hospital For The Aged Inc Cordova, TN | $59,590,119 | $20,367,534 |
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 |