Carillon Inc
- Assets
- $57.6m
- Revenue
- $28.2m
- Investments
- $0.0
- Employees
- 471
- Location
- Lubbock, TX
- Founding
- 05/1985
- Data as of
- 06/2023
- EIN
- 74-2070670
Organization Overview
Carillon Inc, operating under the name Carillon Lifecare Community, is located in Lubbock, TX. The organization was established in 1985. 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 06/2023, Carillon Lifecare Community employed 471 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Carillon Lifecare Community 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 06/2023, Carillon Lifecare Community generated $28.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $28.3m during the year ending 06/2023. While expenses have increased by 0.4% per year over the past 8 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
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE OUR RESIDENTS WITH QUALITY, AFFORDABLE LIFECARE WHILE PROMOTING SECURITY, COMFORT, DIGNITY, INDEPENDENCE AND A STRONG FAMILY ATMOSPHERE.
Describe the Organization's Program Activity:
PROVIDING HEALTH CARE FACILITIES WITH SERVICES AVAILABLE SUCH AS HOSPITAL, NURSING CARE, AND OTHER LIVING CARE SERVICES TO SENIOR CITIZENS. ALL SERVICES PROVIDED IN A SECURE LIVING AREA. PROVIDING OUR EMPLOYEES WITH A SATISFYING WORK ENVIRONMENT AND THE TRAINING NECESSARY TO DELIVER EXCEPTIONAL SERVICES AND QUALITY CARE. BUILDING STRONG RELATIONSHIPS BETWEEN CARILLON AND THE LUBBOCK COMMUNITY. BROADENING OUR KNOWLEDGE IN THE FIELD OF GERONTOLOGY THROUGH RESEARCH AND EDUCATION TO ENHANCE THE QUALITY OF LIFE FOR SENIORS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Elizabeth Haley Chairperson | OfficerTrustee | 2 | $0 |
Jack Mcclendon Past Chairperson - Term Ended | OfficerTrustee | 2 | $0 |
Les Hatch Vice-Chairperson | OfficerTrustee | 2 | $0 |
Billy Breedlove Director | Trustee | 2 | $0 |
Canzada Bray Director | OfficerTrustee | 2 | $0 |
David Wilkerson Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Watsonsysco Food Services | 6/29/22 | $300,617 |
Select Rehabilitation Inc Therapy Services | 6/29/22 | $292,697 |
Ben E Keith Food Services | 6/29/22 | $125,818 |
West Techs Chill Water Specialist Llc Hvac Contractor | 6/29/22 | $103,358 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $288,895 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $37,171 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $288,895 |
| Total Program Service Revenue | $27,126,634 |
| Investment income | $277,602 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $95,844 |
| Net Gain/Loss on Asset Sales | -$208,611 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $28,180,825 |
| 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 | $11,006,909 |
| Pension plan accruals and contributions | $32,702 |
| Other employee benefits | $1,935,286 |
| Payroll taxes | $879,276 |
| Fees for services: Management | $491,621 |
| Fees for services: Legal | $2,000 |
| Fees for services: Accounting | $61,452 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,954,365 |
| Advertising and promotion | $476,411 |
| Office expenses | $99,592 |
| Information technology | $179,482 |
| Royalties | $0 |
| Occupancy | $1,700,356 |
| Travel | $11,410 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $24,974 |
| Interest | $2,602,720 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,665,117 |
| Insurance | $635,700 |
| All other expenses | $478,137 |
| Total functional expenses | $28,290,172 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,629,306 |
| Savings and temporary cash investments | $11,550,755 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,447,085 |
| 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 | $919,544 |
| Net Land, buildings, and equipment | $35,730,430 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,303,036 |
| Total assets | $57,580,156 |
| Accounts payable and accrued expenses | $4,002,301 |
| Grants payable | $0 |
| Deferred revenue | $29,818,392 |
| Tax-exempt bond liabilities | $52,316,429 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $383,375 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,397,627 |
| Total liabilities | $95,918,124 |
| Net assets without donor restrictions | -$40,275,768 |
| Net assets with donor restrictions | $1,937,800 |
| 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 | $57,580,156 |