Presbyterian Village Of Homer
- Assets
- $1.6m
- Revenue
- $5.5m
- Investments
- $225.2k
- Employees
- 103
- Location
- Homer, LA
- Founding
- 07/1962
- Data as of
- 04/2024
- EIN
- 72-0629545
Organization Overview
Presbyterian Village Of Homer is located in Homer, LA. The organization was established in 1962. 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 04/2024, Presbyterian Village Of Homer employed 103 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Presbyterian Village Of Homer 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 04/2024, Presbyterian Village Of Homer generated $5.5m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $5.2m during the year ending 04/2024. While expenses have increased by 5.0% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2024
Describe the Organization's Mission:
Part 3 - Line 1
PRESBYTERIAN VILLAGE OF HOMER, INC. WAS ORGANIZED TO PROMOTE A HOME FOR THE AGED AND AGED INFIRM, PARTICULARLY FOR THOSE IN NEED OF NURSING CARE AND TO CO-OPERATE AND ASSIST THE AGED AND AGED INFIRM TO ATTAIN THE MAXIMUM PHYSICAL RESTORATION AND SOCIAL ADJUSTMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PRESBYTERIAN VILLAGE OF HOMER, INC. IS A NURSING HOME RENDERING SERVICES PRIMARILY TO THE AGED AND AGED INFIRM. THE NURSING HOME IS A 79 BED FACILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Camille Abshire President | OfficerTrustee | 1 | $0 |
Rush Ware Bldg & Grounds Committee | Trustee | 1 | $0 |
Melinda Dowies Second Vice-President | OfficerTrustee | 1 | $0 |
Sherry Whitman Secretary/treasurer | OfficerTrustee | 1 | $0 |
Fred Wideman First Vice President | OfficerTrustee | 1 | $0 |
Becky Bays Bldg & Grounds Committee | 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 | $5,449,174 |
| Investment income | $4,868 |
| 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 | $5,469,759 |
| 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 | $2,123,591 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $204,668 |
| Payroll taxes | $162,089 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $21,278 |
| Fees for services: Accounting | $9,670 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $889,333 |
| Advertising and promotion | $8,600 |
| Office expenses | $12,585 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $117,840 |
| Travel | $2,971 |
| 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 | $45,464 |
| Insurance | $151,587 |
| All other expenses | $352,612 |
| Total functional expenses | $5,177,979 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $270,633 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $914,626 |
| 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 | $12,489 |
| Net Land, buildings, and equipment | $189,257 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $225,193 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $125 |
| Total assets | $1,612,323 |
| Accounts payable and accrued expenses | $624,903 |
| 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 | $624,903 |
| Net assets without donor restrictions | $987,420 |
| 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 | $1,612,323 |