Spokane United Methodist Homes
- Assets
- $268.9m
- Revenue
- $37.4m
- Investments
- $0.0
- Employees
- 580
- Location
- Spokane, WA
- Founding
- 09/1963
- Data as of
- 05/2023
- EIN
- 91-0715658
Organization Overview
Spokane United Methodist Homes, operating under the name Rockwood Retirement Communities, is located in Spokane, WA. The organization was established in 1963. 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 05/2023, Rockwood Retirement Communities employed 580 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Rockwood Retirement Communities 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 05/2023, Rockwood Retirement Communities generated $37.4m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $43.8m during the year ending 05/2023. While expenses have increased by 8.1% 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
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2023
Describe the Organization's Mission:
Part 3 - Line 1
DEDICATED TO PROVIDING SERVICES AND HOUSING TO OLDER ADULTS WITH A COMMITMENT TO EXCELLENCE IN PROMOTING INDEPENDENCE, WELLNESS, AND LIFELONG VITALITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SPOKANE UNITED METHODIST HOMES, DBA ROCKWOOD RETIREMENT COMMUNITIES (SUMH), ASSISTS ELDERLY PERSONS, INCLUDING THOSE WHO LACK ADEQUATE FINANCIAL MEANS TO PROVIDE FOR THEMSELVES, WITH FACILITIES AND SERVICES SPECIALLY DESIGNED TO MEET THE PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS OF THE AGED, AND TO CONTRIBUTE TO THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING. SUMH OPERATES IN TWO LOCATIONS OR DIVISIONS, ROCKWOOD SOUTH HILL AND ROCKWOOD AT WHITWORTH, EACH OF WHICH PROVIDES DWELLINGS, APARTMENTS, AND A HEALTH CENTER FOR RESIDENTS. DURING THE YEAR ENDED MAY 31, 2023, SUMH SERVED 675 RESIDENTS AND PROVIDED 226,141 DAYS OF RESIDENT SERVICES TO AGING ADULTS. 20,248 OF THESE DAYS RELATED TO SKILLED NURSING CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Alan Curryer President/ce | Officer | 43 | $328,233 |
James Maxwell VP Finance/c | Officer | 45 | $220,478 |
Christina Gibbs Unit Manager | 50 | $184,698 | |
Andrew Gorton Ed Of Res Se | 50 | $174,697 | |
Eowyn Sallis Marketing Di | 50 | $148,752 | |
Stephen Collette Gm Rw | 50 | $145,819 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Premere Rehab Llc Dba Infinity Rehab Services | 5/30/23 | $611,135 |
John Laibinis Dba Scg Technical It Services | 5/30/23 | $587,748 |
Omni Staffing Services Agency Staffing | 5/30/23 | $284,339 |
Gaffney Electric Llc Electrician | 5/30/23 | $237,241 |
Allegis Group Holdings Recruiting | 5/30/23 | $217,204 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $616,654 |
| 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 | $616,654 |
| Total Program Service Revenue | $34,897,110 |
| Investment income | $846,236 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $188,746 |
| Net Gain/Loss on Asset Sales | -$96,674 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $37,431,379 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $7,375 |
| 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. | $621,977 |
| Compensation of current officers, directors, key employees. | $621,977 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $15,992,076 |
| Pension plan accruals and contributions | $741,225 |
| Other employee benefits | $919,905 |
| Payroll taxes | $1,676,657 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,217 |
| Fees for services: Accounting | $75,025 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $118,884 |
| Fees for services: Other | $2,329,810 |
| Advertising and promotion | $373,377 |
| Office expenses | $1,092,589 |
| Information technology | $192,880 |
| Royalties | $0 |
| Occupancy | $1,993,313 |
| Travel | $51,551 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $52,591 |
| Interest | $7,304,339 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $6,469,031 |
| Insurance | $417,329 |
| All other expenses | $634,803 |
| Total functional expenses | $43,782,649 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $7,262,641 |
| Savings and temporary cash investments | $20,196,603 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,152,923 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $62,368 |
| Prepaid expenses and deferred charges | $222,647 |
| Net Land, buildings, and equipment | $196,125,372 |
| Investments—publicly traded securities | $40,107,470 |
| Investments—other securities | $0 |
| Investments—program-related | $1,000 |
| Intangible assets | $0 |
| Other assets | $3,814,978 |
| Total assets | $268,946,002 |
| Accounts payable and accrued expenses | $11,370,541 |
| Grants payable | $0 |
| Deferred revenue | $120,375,727 |
| Tax-exempt bond liabilities | $114,707,163 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $68,731,184 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,384,744 |
| Total liabilities | $324,569,359 |
| Net assets without donor restrictions | -$55,623,357 |
| 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 | $268,946,002 |