Care Initiatives is located in West Des Moines, IA. The organization was established in 1989. 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, Care Initiatives employed 4,980 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Care Initiatives 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, Care Initiatives generated $223.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.6% each year. All expenses for the organization totaled $221.2m during the year ending 12/2021. While expenses have increased by 2.8% 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.
Since 2014, Care Initiatives has awarded 16 individual grants totaling $579,965. 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
CHARITABLE NON-PROFIT: 44 NURSING HOMES, 8 ASSISTED LIVING FACILITIES, 3 SENIOR LIVING APARTMENT LOCATIONS, 7 HOSPICE LOCATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DURING 2021, CARE PROVIDED SERVICES TO A DAILY AVERAGE OF 2,210 RESIDENTS IN 44 IOWA NURSING HOMES, 8 ASSISTED LIVING FACILITIES AND 3 SENIOR LIVING APARTMENT LOCATIONS. CARE PROVIDED THESE RESIDENTS, WHICH ARE COMPRISED OF ELDERLY, INFIRMED AND FINANCIALLY LIMITED INDIVIDUALS, WITH A COMFORTABLE, CLEAN, HOME LIKE ATMOSPHERE. CARE PROVIDES HIGH QUALITY HEALTH CARE, FREE OF AS MANY RESTRAINTS AND PSYCHOTROPIC MEDICATIONS AS IS PRUDENT FOR THEIR SAFETY AND THE SAFETY OF OTHER RESIDENTS, AT THE LOWEST POSSIBLE COST. SERVICES PROVIDED INCLUDE ROOM AND BOARD, PROVISION FOR DIETARY REQUIREMENTS, ASSISTANCE WITH PERSONAL HYGIENE WHERE NEEDED, AND PHYSICAL AND SOCIAL ACTIVITIES TO MAINTAIN THE HIGHEST PHYSICAL AND MENTAL QUALITY OF LIFE ATTAINABLE. ADDITIONAL SERVICES INCLUDE OCCUPATIONAL, SPEECH AND PHYSICAL THERAPY, OUTPATIENT THERAPY SERVICES, SKILLED NURSING CARE IN ALL CARE CENTERS, SENIOR LIVING APARTMENTS AT SEVERAL LOCATIONS AND ASSISTED LIVING IN EIGHT LOCATIONS. IN ADDITION, CARE HAS INITIATED A PROGRAM OF REHAB TO HOME CARE TO HASTEN A RESIDENT'S OPPORTUNITY TO RETURN TO THEIR HOMES. IN ADDITION, CARE PROVIDES LIMITED OUTPATIENT THERAPY SERVICES IN THE COMMUNITIES IT SERVES.DURING 2021, CARE ALSO PROVIDED HOSPICE SERVICES TO A DAILY AVERAGE OF 284 PATIENTS THROUGH SEVEN HOSPICE LOCATIONS. CARE PROVIDES COMPASSIONATE HEALTH CARE AND PALLIATIVE SUPPORT FOR PEOPLE FACING LIFE-LIMITING ILLNESSES OR CONDITIONS. SOME OF THE SERVICES PROVIDED INCLUDE NURSING CARE, PHYSICIAN CARE, HOME HEALTH AIDE, PHYSICAL AND SPEECH THERAPY, MASSAGE THERAPY, MUSIC THERAPY, SPIRITUAL SUPPORT, AND BEREAVEMENT SUPPORT.CARE IS THE LARGEST NURSING HOME SERVICE PROVIDER FOR MEDICAID RESIDENTS IN IOWA. IN 2021, A DAILY AVERAGE OF 1,141 RESIDENTS PARTICIPATED IN THE MEDICAID PROGRAM. CARE'S COST FOR THESE RESIDENTS EXCEEDED REVENUE BY $30,487,000. NO RESIDENT OF CARE IS DENIED A MEDICATION, NURSING SUPPLY OR THERAPY, REGARDLESS OF THEIR ABILITY TO PAY. CARE HAS A HISTORY OF MODERNIZATION AND REPLACEMENT OF NURSING FACILITIES. SINCE INCEPTION, CARE HAS INVESTED MORE THAN $132 MILLION TO MODERNIZE ITS CENTERS. IMPROVEMENTS INCLUDE AIR CONDITIONING, FIRE SPRINKLERS, REPLACEMENT OF HVAC AND ELECTRICAL SYSTEMS, AND PAVED PARKING LOTS. EVERY CARE CENTER THAT HAS NOT YET BEEN REPLACED WITH A NEW REPLACEMENT BUILDING HAS HAD EXTENSIVE RENOVATIONS. SINCE INCEPTION, CARE HAS INVESTED MORE THAN $111 MILLION IN FOURTEEN NEW REPLACEMENT CENTER BUILDINGS THROUGHOUT IOWA.CARE PROMOTES ECONOMIC DEVELOPMENT IN THE COMMUNITIES IT SERVES BY ADDRESSING HOUSING, EMPLOYMENT, EDUCATIONAL OR ENVIRONMENTAL NEEDS AND CONCERNS. IN 2021, CARE CONTRIBUTED TO ITS COMMUNITIES BY PAYING PROPERTY TAX OF $2.54 MILLION. IN MANY OF ITS COMMUNITIES, CARE IS THE LARGEST EMPLOYER AND THEIR FAMILIES FORM THE LARGEST STUDENT POPULATION BASE FOR THE LOCAL SCHOOL DISTRICT.CARE FACILITIES WERE A GATHERING PLACE FOR COMMUNITY VOLUNTEERS WHO PROVIDED 4,393 HOURS TO HELP THE ELDERLY. USING THE INDEPENDENT SECTOR'S ESTIMATED DOLLAR VALUE OF VOLUNTEER TIME, THE ESTIMATED VALUE OF VOLUNTEER TIME TOTALED APPROXIMATELY $115,968. CARE'S CONTINUUM OF CARE EXTENDED INTO THE COMMUNITIES IT SERVES BY PROVIDING REDUCED OR NO-FEE SERVICES SUCH AS MEALS-ON-WHEELS, MEALS FOR COUNTY JAILS, EDUCATIONAL SERVICES AND PUBLIC AWARENESS PROGRAMS.IN 2021, $62,925 IN CHARITABLE CONTRIBUTIONS WERE MADE TO SUPPORT CHARITABLE ORGANIZATIONS THAT FURTHER CARE'S EXEMPT MISSION.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Michael Beal President/ceo/vice Chair | OfficerTrustee | 40 | $580,873 |
Charleen Schlepp Former Svp/dir Of Operations | 0 | $417,630 | |
David Dixon Svp/cfo/treasurer | Officer | 40 | $345,193 |
Joseph Reese Svp/coo | Officer | 40 | $294,086 |
Miriam Yocum Vp/hospice/clinical Director | Officer | 40 | $259,896 |
Jeramy Kuhn VP - Chief Compliance Officer | 40 | $247,524 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Grape Tree Medical Staffing Llc Nurse Staffing | 12/30/21 | $3,423,400 |
Reliant Pro Rehab Llc Phys/occ/sp Therapy | 12/30/21 | $10,271,359 |
Austin Builders Llc Construction Services | 12/30/21 | $2,041,250 |
Fusion Medical Staffing Llc Nurse Staffing | 12/30/21 | $3,150,309 |
Medical Solutions Llc Nurse Staffing | 12/30/21 | $3,139,174 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $8,800,425 |
All other contributions, gifts, grants, and similar amounts not included above | $60,933 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $8,861,358 |
Total Program Service Revenue | $214,337,210 |
Investment income | $734,982 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | -$1,015 |
Net Income from Fundraising Events | $0 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $223,919,944 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $62,925 |
Grants and other assistance to domestic individuals. | $110,122 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $1,702,715 |
Compensation of current officers, directors, key employees. | $1,702,715 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $100,680,017 |
Pension plan accruals and contributions | $377,082 |
Other employee benefits | $5,329,187 |
Payroll taxes | $7,352,436 |
Fees for services: Management | $0 |
Fees for services: Legal | $297,349 |
Fees for services: Accounting | $202,414 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $41,709,731 |
Advertising and promotion | $1,791,493 |
Office expenses | $1,532,986 |
Information technology | $3,370,961 |
Royalties | $0 |
Occupancy | $9,358,622 |
Travel | $2,650,768 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $2,609,702 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $8,077,429 |
Insurance | $3,966,665 |
All other expenses | $9,933,258 |
Total functional expenses | $221,174,551 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $18,020 |
Savings and temporary cash investments | $39,690,414 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $28,360,833 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $890,143 |
Prepaid expenses and deferred charges | $2,016,394 |
Net Land, buildings, and equipment | $88,747,401 |
Investments—publicly traded securities | $22,017,003 |
Investments—other securities | $690,000 |
Investments—program-related | -$752,691 |
Intangible assets | $0 |
Other assets | $5,674,442 |
Total assets | $187,351,959 |
Accounts payable and accrued expenses | $30,025,959 |
Grants payable | $0 |
Deferred revenue | $1,065,427 |
Tax-exempt bond liabilities | $73,272,343 |
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 | $104,363,729 |
Net assets without donor restrictions | $82,988,230 |
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 | $187,351,959 |
Over the last fiscal year, Care Initiatives has awarded $39,500 in support to 4 organizations.
Grant Recipient | Amount |
---|---|
West Des Moines, IA PURPOSE: GENERAL SUPPORT | $10,000 |
Dubuque, IA PURPOSE: GENERAL SUPPORT | $10,000 |
Des Moines, IA PURPOSE: GENERAL SUPPORT | $10,000 |
Des Moines, IA PURPOSE: GENERAL SUPPORT | $9,500 |
Over the last fiscal year, we have identified 1 grants that Care Initiatives has recieved totaling $25.
Awarding Organization | Amount |
---|---|
Meredith Corporation Foundation Des Moines, IA PURPOSE: GENERAL SUPPORT | $25 |
Organization Name | Assets | Revenue |
---|---|---|
Vetter Senior Living Elkhorn, NE | $184,200,923 | $232,708,282 |
Care Initiatives West Des Moines, IA | $187,351,959 | $223,919,944 |
Ascension Living Bethlehem Woods Village St Louis, MO | $54,923,098 | $70,603,895 |
Rest Haven Illiana Christian Convalescent Home Tinley Park, IL | $89,097,338 | $64,902,074 |
Tabitha Inc Lincoln, NE | $67,996,914 | $63,902,168 |
Citizens Memorial Health Care Foundation Bolivar, MO | $45,218,977 | $63,247,284 |
Senior Care Communities Inc St Paul, MN | $79,379,682 | $62,727,719 |
Ascension Michigan Cmg St Louis, MO | $10,296,135 | $49,102,663 |
Bethesda Long Term Care Inc St Louis, MO | $61,164,515 | $49,946,296 |
Ranken-Jordan Home For Convalescent Crippled Children Maryland Heights, MO | $140,456,097 | $69,165,620 |
Franciscan Care Services Inc West Point, NE | $100,320,154 | $47,622,735 |
Ascension Living Franciscan Place St Louis, MO | $14,918,135 | $36,267,492 |