Welcome Home Of Chattanooga
- Assets
- $1.7m
- Revenue
- $1.3m
- Investments
- $0.0
- Employees
- 18
- Location
- Chattanooga, TN
- Founding
- 11/2013
- Data as of
- 12/2021
- EIN
- 46-2613489
Organization Overview
Welcome Home Of Chattanooga is located in Chattanooga, TN. The organization was established in 2013. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 12/2021, Welcome Home Of Chattanooga employed 18 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Welcome Home Of Chattanooga 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, Welcome Home Of Chattanooga generated $1.3m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 39.8% each year . All expenses for the organization totaled $444.8k during the year ending 12/2021. While expenses have increased by 14.8% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
WELCOME HOME OF CHATTANOOGA PROVIDES SHELTER, HEALING & COMPASSIONATE END OF LIFE CARE FOR THOSE IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
WELCOME HOME'S LARGEST PROGRAM IS A 5 BED HOME WITH TRAINED STAFF & VOLUNTEERS FOR THOSE IN NEED OF END OF LIFE CARE. THE ORGANIZATION PROVIDES SUPPORT & CARE FOR RESIDENTS, AND PARTNERS WITH LOCAL HOSPICES FOR PROFESSIONAL CARE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amy Boulware Board Chair | OfficerTrustee | 1 | $0 |
Demarland Dean Secretary;chair Elect | OfficerTrustee | 1 | $0 |
Tina Seagroves Treasurer | OfficerTrustee | 1 | $0 |
John Kerns Director | Trustee | 1 | $0 |
Steve Coulter Director | Trustee | 1 | $0 |
Corinne Henderson Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $11,834 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,281,377 |
| Noncash contributions included in lines 1a–1f | $34,899 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,293,211 |
| Total Program Service Revenue | $43,270 |
| Investment income | $344 |
| 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 | $1,336,825 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $274,534 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $856 |
| Payroll taxes | $22,446 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $16,391 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $20 |
| Advertising and promotion | $2,547 |
| Office expenses | $7,811 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $18,713 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $10,354 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $15,875 |
| Insurance | $12,719 |
| All other expenses | $15,593 |
| Total functional expenses | $444,823 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $599,340 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $275,000 |
| Accounts receivable, net | $50 |
| 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 |
| Net Land, buildings, and equipment | $863,151 |
| Investments—publicly traded securities | $8,021 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,400 |
| Total assets | $1,748,962 |
| Accounts payable and accrued expenses | $692 |
| 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 | $323,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $837 |
| Total liabilities | $324,529 |
| Net assets without donor restrictions | $1,259,012 |
| Net assets with donor restrictions | $165,421 |
| 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 | $1,748,962 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Welcome Home Of Chattanooga has recieved totaling $30,000.
| Awarding Organization | Amount |
|---|---|
Mckenzie Foundation Chattanooga, TN PURPOSE: OPERATING FUNDS | $30,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Nhnfp Healthcare Inc Atlanta, GA | $223,126,263 | $90,563,041 |
Ascension Living Bethlehem Woods Village St Louis, MO | $54,923,098 | $70,603,895 |
Citizens Memorial Health Care Foundation Bolivar, MO | $45,218,977 | $63,247,284 |
Ocoee Foundation Inc Cleveland, TN | $61,804,087 | $65,905,921 |
Ascension Michigan Cmg St Louis, MO | $10,296,135 | $49,102,663 |
Bethesda Long Term Care Inc St Louis, MO | $61,164,515 | $49,946,296 |
Ranken-Jordan Home For Convalescent Crippled Children Maryland Heights, MO | $140,456,097 | $69,165,620 |
Covenant Woods Mechanicsville, VA | $166,902,923 | $38,635,107 |
Richfield Living Salem, VA | $138,338,925 | $32,030,155 |
Ascension Living Franciscan Place St Louis, MO | $14,918,135 | $36,267,492 |
Hillcrest Healthcare Communities Inc Knoxville, TN | $35,116,427 | $32,663,319 |
Hltc Inc Dalton, GA | $14,717,948 | $28,781,962 |