Baptist Home Inc
- Assets
- $41.8m
- Revenue
- $12.7m
- Investments
- $0.0
- Employees
- 318
- Location
- Ironton, MO
- Founding
- 01/1977
- Data as of
- 12/2020
- EIN
- 43-0662474
Organization Overview
Baptist Home Inc is located in Ironton, MO. The organization was established in 1977. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 12/2020, Baptist Home Inc employed 318 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baptist Home 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 12/2020, Baptist Home Inc generated $12.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.9% each year. All expenses for the organization totaled $12.8m during the year ending 12/2020. While expenses have increased by 1.0% per year over the past 6 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE A PLACE OF RESIDENCE AND CARE FOR THE AGED TO ENABLE EACH RESIDENT TO LIVE UP TO THEIR HIGHEST POTENTIAL BY PROVIDING CARE IN A RETIREMENT COMMUNITY, INCLUDING APARTMENTS AND NURSING FACILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE INTERMEDIATE RESIDENTIAL CARE AND INDEPENDENT LIVING FACILITIES FOR THE AGED TO PROVIDE THESE RESIDENTS WITH ACCOMODATIONS, MEALS, MEDICAL CARE, AND ACTIVITIES THAT ENHANCE THEIR QUALITY OF LIFE.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rodney Harrison President | Officer | 40 | $125,346 |
Ted Middleton Vice Chair | OfficerTrustee | 1 | $0 |
Ken Parker Chairman | OfficerTrustee | 1 | $0 |
Randy Ewart Secretary | OfficerTrustee | 1 | $0 |
David Cotter Trustee | Trustee | 1 | $0 |
Jason Moore Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,325,956 |
| Investment income | $520,413 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $13,850 |
| Net Rental Income | $7,200 |
| Net Gain/Loss on Asset Sales | $47,665 |
| Net Income from Fundraising Events | $6,169 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $343 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,747,547 |
| Statement of Expenses | |
|---|---|
| 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. | $183,922 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,906,471 |
| Pension plan accruals and contributions | $191,487 |
| Other employee benefits | $858,103 |
| Payroll taxes | $399,056 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $35,669 |
| Fees for services: Accounting | $40,930 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $65,763 |
| Fees for services: Other | $560,963 |
| Advertising and promotion | $52,931 |
| Office expenses | $163,029 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,040,704 |
| Travel | $53,523 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $150,899 |
| Interest | $585,709 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,206,550 |
| Insurance | $160,058 |
| All other expenses | $0 |
| Total functional expenses | $12,833,748 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $663,755 |
| Savings and temporary cash investments | $1,013,614 |
| 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 |
| Investments—publicly traded securities | $14,157,213 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $64,073 |
| Total assets | $41,762,203 |
| Accounts payable and accrued expenses | $465 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $7,783,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $7,401,482 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $3,495,626 |
| Total liabilities | $18,680,573 |
| 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 |
| Total liabilities and net assets/fund balances | $23,081,630 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Baptist Home Inc has recieved totaling $1,500.
| Awarding Organization | Amount |
|---|---|
Lumina Foundation For Education Inc Indianapolis, IN PURPOSE: TO PROVIDE HOUSING AND CARE FOR NEEDY OLDER ADULTS. | $1,500 |
Endowment Analysis
| Beg. Balance | $2,249,394 |
| Ending Balance | $2,249,394 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lakeview Village Inc Lenexa, KS | $137,708,063 | $49,070,478 |
Lutheran Home For The Aged Arlington Heights, IL | $131,494,614 | $46,009,976 |
Masonic Homes Of Kentucky Inc Masonic Home, KY | $92,700,057 | $43,584,418 |
Friendship Village Of West County Chesterfield, MO | $195,171,509 | $29,494,334 |
Presbyterian Homes Of Tennessee Inc Knoxville, TN | $109,320,590 | $32,362,942 |
Trezevant Episcopal Home Memphis, TN | $115,088,411 | $33,520,446 |
The Mather Evanston Evanston, IL | $197,036,841 | $28,903,935 |
Covenant Health Care Center Inc Northbrook, IL | $80,834,072 | $35,580,141 |
Plymouth Place Inc Lagrange Park, IL | $140,283,826 | $32,345,507 |
Covenant Living Communities And Services Skokie, IL | $297,389,461 | $56,944,036 |
Larksfield Place Retirement Communities Inc Wichita, KS | $52,859,205 | $27,697,106 |
Baptist Convalescent Center Inc Erlanger, KY | $70,429,855 | $32,396,386 |