Fairhaven Christian Home

Organization Overview

Fairhaven Christian Home is located in Rockford, IL. The organization was established in 1967. 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 12/2021, Fairhaven Christian Home employed 348 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Fairhaven Christian Home 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, Fairhaven Christian Home generated $16.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $15.3m 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE A COMFORTABLE LIFESTYLE AND EXCEPTIONAL CARE WHICH ENHANCES QUALITY OF LIFE IN A MANNER THAT GLORIFIES GOD.

Describe the Organization's Program Activity:

Part 3 - Line 4a

NURSING CARE:THE CENTER OPERATES A 96 BED NURSING CARE FACILITY.


INDEPENDENT LIVING AND RESIDENTIAL CARE:THE CENTER OPERATES 112 UNITS OF INDEPENDENT LIVING DUPLEXES AND A 92 UNIT INDEPENDENT LIVING RESIDENTIAL APARTMENT FACILITY.


SUPPORTIVE CARE:THE CENTER OPERATES A 50 BED SUPPORTIVE CARE FACILITY.


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Board, Officers & Key Employees

Name (title)Compensation
Jeff Reierson
Executive Director
$170,311
Keith Pennington
Director Of Finance
$90,138
Chuck Schlueter
Vice President
$0
Dan Nyberg
Secretary
$0
Steve Sjogren
Treasurer
$0
David Wiles
President
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Gale Healthcare
Nursing Agency Services
$383,173
Castor Home Nursing
Nursing Agency Services
$215,931
John Evans Construction
Construction Renovations
$201,085
Securitas Security Systems
Security Services
$174,905
Entre Computer Solutions
Computer Services
$156,251
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $1,071,231
All other contributions, gifts, grants, and similar amounts not included above$1,201,721
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$2,272,952
Total Program Service Revenue$13,287,378
Investment income $181,820
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 $15,992,551

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Fairhaven Christian Home has recieved totaling $7,200.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$7,200
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$2,006,494
Earnings$260,628
Other Expense$16,720
Ending Balance$2,250,402

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