Snyder Senior Care Foundation Inc

Organization Overview

Snyder Senior Care Foundation Inc is located in Snyder, TX. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 12/2023, Snyder Senior Care Foundation Inc employed 126 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Snyder Senior Care Foundation Inc 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 12/2023, Snyder Senior Care Foundation Inc generated $2.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (10.7%) each year. All expenses for the organization totaled $2.2m during the year ending 12/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

SNYDER SENIOR CARE FOUNDATION, INC. IS A TEXAS NONPROFIT CORPORATION ORGANIZED AND OPERATED EXCLUSIVELY FOR CHARITABLE AND RELIGIOUS PURPOSES; NAMELY, FUNCTIONING AS A CHRISTIAN MINISTRY, TO PROVIDE FACILITIES, SERVICES AND PROGRAMS DESIGNED TO IMPROVE AND ENHANCE THE QUALITY OF LIFE OF SENIOR CITIZENS. SPECIFICALLY, THE CORPORATION IS SPECIFICALLY ORGANIZED TO OWN AND OPERATE A SENIOR ASSISTED LIVING AND MEMORY CARE FACILITY LOCATED AT 1906 MARTHA ANN, BUILDINGS A, B AND C, SNYDER, TEXAS 79549 IN ACCORDANCE WITH THE REQUIREMENTS OF TEXAS TAX CODE SECTION 11.18(D)(19), AS AMENDED AND SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE OF THE UNITED STATES, AS AMENDED.

Describe the Organization's Program Activity:

Part 3 - Line 4a

A SECTION 501(C)(3) ORGANIZATION THAT CONDUCTS CHARITABLE AND RELIGIOUS ACTIVITIES THROUGH ITS OPERATION OF A SENIOR ASSISTED LIVING AND MEMORY CARE FACILITY LOCATED AT 1906 MARTHA ANN, SNYDER, TEXAS 79549.


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Board, Officers & Key Employees

Name (title)Compensation
Dallen Skelley
President
$134,854
Curtis Wallace
Secretary
$0
Scott Skaggs
Director
$0
Lawrence Skelley
CEO
$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$2,138,725
Investment income $0
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 $2,138,725

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