Millennium Adult Health Care Inc
- Assets
- $946.3k
- Revenue
- $2.3m
- Investments
- $0.0
- Employees
- 18
- Location
- Pasadena, CA
- Founding
- 06/2013
- Data as of
- 12/2021
- EIN
- 95-4715395
Organization Overview
Millennium Adult Health Care Inc is located in Pasadena, CA. The organization was established in 2013. According to its NTEE Classification (P71) the organization is classified as: Adult Day Care, under the broad grouping of Human Services and related organizations. As of 12/2021, Millennium Adult Health Care Inc employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Millennium Adult Health Care 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 12/2021, Millennium Adult Health Care Inc generated $2.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.6% each year. All expenses for the organization totaled $1.8m during the year ending 12/2021. While expenses have increased by 3.1% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE HEALTH CARE TO SENIORS
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDE HEALTH CARE TO SENIORS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chia Ling Chen President | OfficerTrustee | 40 | $192,000 |
Lingying Hwang CFO | OfficerTrustee | 0 | $0 |
Yachen Peng Secretary | OfficerTrustee | 0 | $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 | $2,271,571 |
| Investment income | $17,980 |
| 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 | $2,289,551 |
| 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. | $192,000 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $522,481 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $132,374 |
| Payroll taxes | $56,226 |
| Fees for services: Management | $61,086 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $1,710 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $2,383 |
| Advertising and promotion | $0 |
| Office expenses | $1,105 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $273,312 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $2,681 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $25,222 |
| Insurance | $0 |
| All other expenses | $30,709 |
| Total functional expenses | $1,844,704 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $286,248 |
| Savings and temporary cash investments | $517,980 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $130,662 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $11,375 |
| Total assets | $946,265 |
| Accounts payable and accrued expenses | $0 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $6,345 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,345 |
| Net assets without donor restrictions | $0 |
| 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 | $939,920 |
| Total liabilities and net assets/fund balances | $946,265 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Alzheimers Family Services Center Huntington Beach, CA | $7,631,564 | $4,777,281 |
Millennium Adult Health Care Inc Pasadena, CA | $946,265 | $2,289,551 |
Arcadia Adult Day Care And Day Health Center Honolulu, HI | $363,239 | $1,270,652 |
Ala-Costa Center Berkeley, CA | $818,184 | $1,273,515 |
Polk Adolescent Day Treatment Center Inc Dallas, OR | $1,424,801 | $1,002,325 |
Care Connexxus Inc Riverside, CA | $954,817 | $1,039,282 |
Windward Seniors Day Care Center Kailua, HI | $393,186 | $417,055 |
California Association For Adult Day Services Sacramento, CA | $893,420 | $814,421 |
Tahoe Ability Program Truckee, CA | $89,540 | $302,355 |
Tri Valley Adult Care Program Livermore, CA | $0 | $0 |
California Senior & Adult Servicesinc El Cajon, CA | $4,302 | $0 |
Adult Day Services Network Of Contra Costa Pleasant Hill, CA | $0 | $0 |