Turner Retirement Homes Inc

Organization Overview

Turner Retirement Homes Inc is located in Turner, OR. The organization was established in 1936. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 12/2023, Turner Retirement Homes Inc employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Turner Retirement Homes 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, Turner Retirement Homes Inc generated $1.4m in total revenue. The organization has seen a slow decline revenue. Over the past 9 years, revenues have fallen by an average of (0.2%) each year. All expenses for the organization totaled $1.6m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 9 years. 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

TO ASSIST CHRISTIAN CONGREGATIONS IN PROVIDING A PLACE FOR THEIR RETIRED PERSONS WHERE THEIR SPIRITUAL, PHYSICAL AND FINANCIAL NEEDS CAN BE MET.

Describe the Organization's Program Activity:

Part 3 - Line 4a

TURNER RETIREMENT HOMES (TRH) IS MORE THAN A RETIREMENT COMMUNITY; IT IS A NEIGHBORHOOD OF HOMES, A PLACE WHERE RETIREES CAN LIVE AFFORDABLY, ALONGSIDE FRIENDLY LIKEMINDED NEIGHBORS AND RECEIVE LOVING CARE IN HAPPY SURROUNDINGS AS THEY GROW OLDER. TURNER RETIREMENT HOMES STRIVES TO PROVIDE BOTH PHYSICAL AND SPIRITUAL CARE FOR RETIRED INDIVIDUALS.


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Board, Officers & Key Employees

Name (title)Compensation
Timothy Long
Executive Di
$104,916
Doug Edwards
Vice Preside
$0
Seth Morley
Trustee
$0
Jon Remy
Secretary
$0
Steve Vincent
Trustee
$0
Sheri Wood
President
$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$299,142
Noncash contributions included in lines 1a–1f $6,144
Total Revenue from Contributions, Gifts, Grants & Similar$299,142
Total Program Service Revenue$999,131
Investment income $17,043
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$12,547
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $1,379,524

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