Koinonia Homes Inc

Organization Overview

Koinonia Homes Inc is located in Independence, OH. The organization was established in 1974. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 12/2021, Koinonia Homes Inc employed 846 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Koinonia 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 12/2021, Koinonia Homes Inc generated $37.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.9% each year. All expenses for the organization totaled $34.7m during the year ending 12/2021. While expenses have increased by 4.6% 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

PROVIDING RESIDENTIAL GROUP HOMES AND SUPPORT SERVICES IN COMMUNITY-BASED HOMES OR APARTMENTS, ADULT DAY SUPPORT, & EMPLOYMENT SERVICES FOR THOSE W/ DEVELOPMENTAL DISABILITES.

Describe the Organization's Program Activity:

Part 3 - Line 4a

KOINONIA HOMES IS A 501 C (3) ORGANIZATION THAT WAS FOUNDED IN 1974 BY CONCERNED CITIZENS AND COMMUNITY LEADERS WHO WERE DEVOTED TO THE NEEDS OF THOSE WITH DISABILITIES. FOR OVER FORTY YEARS, KOINONIA HAS REMAINED TRUE TO ITS MISSION OF PROVIDING PERSON-CENTERED CARE. TODAY, KOINONIA SERVES OVER 500 PEOPLE PER YEAR, THROUGH THE EFFORTS AND DEDICATION OF A STAFF OF MORE THAN 550. AS A RESULT OF ITS LONG-STANDING COMMITMENT TO EXCELLENCE IN THIS FIELD, KOINONIA IS AN INDUSTRY LEADER IN GREATER CLEVELAND AND HAS RECEIVED MANY AWARDS AND RECOGNITIONS FOR ITS ACHIEVEMENTS.


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Board, Officers & Key Employees

Name (title)Compensation
Diane Beastrom
President/ceo
$306,224
Stacy Soria
Cpo
$186,185
Jeanne Green
Chief Program Officer
$170,477
Susan Chiancone
CFO - Thru 12/2021
$168,370
Howard Pincham
Cio
$143,387
Fred A Watkins
Chair
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$23,379
Related organizations$0
Government grants $4,719,910
All other contributions, gifts, grants, and similar amounts not included above$288,955
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$5,032,244
Total Program Service Revenue$32,260,930
Investment income $353,602
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $34,230
Net Income from Fundraising Events -$4,897
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $37,892,187

Grants Recieved

Over the last fiscal year, we have identified 2 grants that Koinonia Homes Inc has recieved totaling $3,100.

Awarding OrganizationAmount
Swagelok Foundation

Solon, OH

PURPOSE: TO FURTHER THE ORGANIZATION'S TAX EXEMPT PURPOSE

$3,000
Swagelok Foundation

Solon, OH

PURPOSE: TO FURTHER THE ORGANIZATION'S TAX EXEMPT PURPOSE

$100
View Grant Recipient Profile

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