Metro Health Foundation Of New Hampshire Inc
- Assets
- $23.0m
- Revenue
- $13.4m
- Investments
- $0.0
- Employees
- 245
- Location
- Meredith, NH
- Founding
- 05/2001
- Data as of
- 12/2021
- EIN
- 02-0502466
Organization Overview
Metro Health Foundation Of New Hampshire Inc, operating under the name Golden View Health Center, is located in Meredith, NH. The organization was established in 2001. 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, Golden View Health Center employed 245 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Golden View Health Center 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, Golden View Health Center generated $13.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.8% each year. All expenses for the organization totaled $13.7m during the year ending 12/2021. While expenses have increased by 2.3% 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
TO BE THE PREFERRED CHOICE IN THE COMMUNITY FOR HEALTHCARE AND HOSPITALITY SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ELDERLY SKILLED NURSING & RESIDENTIAL CARE FACILITY - TO PROVIDE LONG-TERM CARE TO OUR COMMUNITY AND SURROUNDING AREAS THROUGH SKILLED NURSING CARE, REHABILITATION SERVICES, AND RESIDENTIAL CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jeanne Sanders CEO | OfficerTrustee | 40 | $162,725 |
Rosemary Simino Administrator | 40 | $151,444 | |
Bernadette Arceno Registered Nurse | 60 | $127,925 | |
Gretchen Colpritt Director Of Nursing | 40 | $106,696 | |
Karen Moriarty Therapy Manager | 40 | $105,750 | |
Mary Johnson Secretary & Treasurer | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Eckhardt & Johnson Hvac | 12/30/21 | $310,283 |
Fallon Service Inc Covid Testing | 12/30/21 | $367,630 |
Mainstay Technologies It | 12/30/21 | $129,174 |
Sanders Mgmt Consulting Group Inc Financial Management | 12/30/21 | $1,122,215 |
Maxim Healthcare Agency Staffing | 12/30/21 | $171,062 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $711,779 |
| All other contributions, gifts, grants, and similar amounts not included above | $90,884 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $802,663 |
| Total Program Service Revenue | $12,506,699 |
| Investment income | $14,866 |
| 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 | $13,396,555 |
| 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. | $390,281 |
| Compensation of current officers, directors, key employees. | $390,281 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,989,272 |
| Pension plan accruals and contributions | $750 |
| Other employee benefits | $724,214 |
| Payroll taxes | $484,303 |
| Fees for services: Management | $955,862 |
| Fees for services: Legal | $4,194 |
| Fees for services: Accounting | $32,645 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $975,067 |
| Advertising and promotion | $23,660 |
| Office expenses | $107,509 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $409,982 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $22,170 |
| Interest | $555,332 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $624,222 |
| Insurance | $342,773 |
| All other expenses | $223,532 |
| Total functional expenses | $13,665,676 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $6,248,724 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,437,716 |
| 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 | $102,198 |
| Net Land, buildings, and equipment | $10,026,021 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $4,968,776 |
| Other assets | $223,976 |
| Total assets | $23,007,411 |
| Accounts payable and accrued expenses | $821,505 |
| Grants payable | $0 |
| Deferred revenue | $354,018 |
| 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 | $10,837,652 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $248,063 |
| Total liabilities | $12,261,238 |
| Net assets without donor restrictions | $10,633,856 |
| Net assets with donor restrictions | $112,317 |
| 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 | $23,007,411 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Metro Health Foundation Of New Hampshire Inc has recieved totaling $87.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $87 |
Endowment Analysis
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Kendal At Hanover I Hanover, NH | $202,821,277 | $31,489,711 |
Maine Life Care Retirement Community Inc Scarborough, ME | $140,484,243 | $23,531,278 |
Lasell Village Inc Auburndale, MA | $102,869,314 | $21,782,150 |
Riverwoods Durham Durham, NH | $126,625,985 | $17,724,252 |
Christopher House Inc Worcester, MA | $11,659,464 | $17,133,392 |
Ascentria Care Alliance Inc West Brookfield, MA | $28,862,438 | $18,232,969 |
Overlook Communities Inc Charlton, MA | $31,731,503 | $14,000,337 |
Alliance Health Of Massachusetts Inc Southborough, MA | $12,196,543 | $13,916,904 |
Metro Health Foundation Of New Hampshire Inc Meredith, NH | $23,007,411 | $13,396,555 |
Cathedral Square Corporation South Burlington, VT | $25,788,244 | $15,524,775 |
Glenmeadow Inc Longmeadow, MA | $50,902,339 | $16,994,268 |
Alliance Health Of Southeastern Massachusetts Inc Southborough, MA | $17,238,136 | $13,319,734 |