Great Lakes Christian Homes Nonprofit Housing Corporation
- Assets
- $8.3m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 45
- Location
- Holt, MI
- Founding
- 06/1980
- Data as of
- 06/2021
- EIN
- 51-0139244
Organization Overview
Great Lakes Christian Homes Nonprofit Housing Corporation is located in Holt, MI. The organization was established in 1980. 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 06/2021, Great Lakes Christian Homes Nonprofit Housing Corporation employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Great Lakes Christian Homes Nonprofit Housing Corporation 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 06/2021, Great Lakes Christian Homes Nonprofit Housing Corporation generated $3.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $2.4m during the year ending 06/2021. While expenses have increased by 1.6% 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
GREAT LAKES CHRISTIAN HOMES IS A NOT-FOR-PROFIT ORGANIZATION AND INDEPENDENT LIVING CENTER THAT EXISTS FOR THE PURPOSE OF MEETING THE PHYSICAL, SOCIAL AND SPIRITUAL NEEDS OF THE AGING POPULATION WITH SUPPORT SERVICES. GREAT LAKES CHRISTIAN HOMES IS DESIGNED TO PROVIDE HIGH QUALITY CARE AND PROMOTE THE BEST INTEREST OF EACH PERSON WITHIN THE HOME BY ENCOURAGING PEOPLE TO FUNCTION PHYSICALLY AND INTELLECTUALLY AT THE HIGHEST PRACTICAL LEVEL. WE ARE COMMITTED TO HELPING FAMILIES IN ANY WAY WE CAN TO MAKE A DIFFERENCE IN SOMEONE'S LIFE. WE OFFER ASSISTANCE TO FOSTER DIGNITY BY PROMOTING ACTIVITIES AND NURTURING RELATIONSHIPS THAT HAVE MEANING FOR EACH RESIDENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES INDEPENDENT LIVING FACILITIES FOR SENIOR ADULTS. GREAT LAKES CHRISTIAN HOME RESIDES ON 40 ACRES. WE OFFER 48 MAINTENANCE FREE VILLAS AND 98 ONE AND TWO BEDROOM APARTMENTS. ON SITE WE HAVE A GIFT SHOP, BEAUTY SHOP, LIBRARY AND CHAPEL.
THE ORGANIZATION PROVIDES INDEPENDENT LIVING FACILITIES FOR SENIOR ADULTS. GREAT LAKES CHRISTIAN HOME RESIDES ON 40 ACRES. WE OFFER 48 MAINTENANCE FREE VILLAS AND 98 ONE AND TWO BEDROOM APARTMENTS. ON SITE WE HAVE A GIFT SHOP, BEAUTY SHOP, LIBRARY AND CHAPEL.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dale D Dean Vice Chair | OfficerTrustee | 1 | $0 |
Cyndy Elick Chair | OfficerTrustee | 1 | $0 |
Dale Shenk Assistant Treasurer | Officer | 0.4 | $0 |
Steve Schaaf VP Of Operations/president | Officer | 5 | $0 |
Scott Martin Treasurer | Officer | 0.4 | $0 |
Rydell Bontrager Secretary | Officer | 0.3 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $149,400 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,281 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $162,681 |
| Total Program Service Revenue | $2,917,455 |
| Investment income | $61,476 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,631 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,183,516 |
| 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 | $0 |
| Other salaries and wages | $584,313 |
| Pension plan accruals and contributions | $20,520 |
| Other employee benefits | $50,419 |
| Payroll taxes | $41,730 |
| Fees for services: Management | $126,875 |
| Fees for services: Legal | $674 |
| Fees for services: Accounting | $10,070 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $85,045 |
| Advertising and promotion | $15,640 |
| Office expenses | $185,735 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $589,813 |
| Travel | $1,428 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $229,234 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $293,109 |
| Insurance | $23,329 |
| All other expenses | $933 |
| Total functional expenses | $2,396,614 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $903,638 |
| Savings and temporary cash investments | $106,659 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $9,630 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $1,801 |
| Prepaid expenses and deferred charges | $1,173 |
| Net Land, buildings, and equipment | $3,285,701 |
| Investments—publicly traded securities | $4,008,517 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,317,119 |
| Accounts payable and accrued expenses | $917,697 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $4,766,738 |
| Escrow or custodial account liability | $58,160 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $919,643 |
| Total liabilities | $6,662,238 |
| Net assets without donor restrictions | $1,654,881 |
| 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 | $8,317,119 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wesleyan Senior Care Inc Elyria, OH | $38,781,786 | $23,501,325 |
Oakwood Village Prairie Ridge Homes Inc Madison, WI | $61,014,266 | $15,535,778 |
Saint Anne Home And Retirment Community Fort Wayne, IN | $21,467,824 | $25,970,139 |
Vista Grande Villa Jackson, MI | $18,128,782 | $15,877,096 |
Prairie Landing Community Inc Indianapolis, IN | $109,459,923 | $13,961,062 |
Hubbard Hill Estates Inc Elkhart, IN | $40,723,668 | $16,327,220 |
Mother Angeline Mccrory Manor Inc Columbus, OH | $23,036,099 | $15,389,300 |
Manor Care Of Tacoma Wa Association Toledo, OH | $1,605,997 | $12,220,932 |
Indiana Masonic Home Inc Franklin, IN | $115,983,648 | $16,702,873 |
Concordia Of Ohio Copley, OH | $66,868,178 | $15,913,038 |
Mercy Services For Aging Nonprofit Housing Corporation Farmington Hills, MI | $43,763,232 | $13,715,486 |
St Clare Commons Perrysburg, OH | $22,863,382 | $9,152,797 |