Chrysalis Developmental Homes Inc
- Assets
- $189.6k
- Revenue
- $1.7m
- Investments
- $0.0
- Employees
- 53
- Location
- Southgate, MI
- Founding
- 12/1984
- Data as of
- 09/2022
- EIN
- 38-2549265
Organization Overview
Chrysalis Developmental Homes Inc is located in Southgate, MI. The organization was established in 1984. 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 09/2022, Chrysalis Developmental Homes Inc employed 53 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Chrysalis Developmental 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 09/2022, Chrysalis Developmental Homes Inc generated $1.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $1.8m during the year ending 09/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE FOR DEVELOPMENTALLY DISABLED
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING ROOM, BOARD, TRANSPORTATION AND TRAINING FOR THE DEVELOPMENTALLY DISABLED.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Maribeth Knisley Director | OfficerTrustee | 40 | $54,303 |
Carrie Korczyk President | OfficerTrustee | 0 | $0 |
Patricia Budson V Pres | OfficerTrustee | 0 | $0 |
Alexis Ladd Secretary | OfficerTrustee | 0 | $0 |
Diane Ostrowski Director | Trustee | 0 | $0 |
Mary Kennedy Director | Trustee | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,657,965 |
| 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 | $1,657,965 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| 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 | $1,657,965 |
| 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. | $54,303 |
| Compensation of current officers, directors, key employees. | $54,303 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,262,648 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $54,926 |
| Payroll taxes | $109,063 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $31,640 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $8,112 |
| Advertising and promotion | $0 |
| Office expenses | $13,825 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $73,197 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $3,570 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $7,911 |
| Insurance | $29,256 |
| All other expenses | $29,653 |
| Total functional expenses | $1,792,111 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $81,866 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $94,470 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $4,716 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $4,318 |
| Net Land, buildings, and equipment | $4,230 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $189,600 |
| Accounts payable and accrued expenses | $60,072 |
| 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 | $68,718 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $128,790 |
| Net assets without donor restrictions | $60,810 |
| 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 | $0 |
| Total liabilities and net assets/fund balances | $189,600 |
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Crisis Center Inc Mount Pleasant, MI | $11,943,564 | $13,438,813 |
Christian Childrens Home Of Ohio Wooster, OH | $9,192,429 | $14,011,752 |
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Wood Lane Residential Services Bowling Green, OH | $5,610,920 | $12,204,254 |
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