Givens Estates Inc
- Assets
- $262.5m
- Revenue
- $64.6m
- Investments
- $0.0
- Employees
- 758
- Location
- Asheville, NC
- Founding
- 10/1976
- Data as of
- 12/2020
- EIN
- 51-0199312
Organization Overview
Givens Estates Inc is located in Asheville, NC. The organization was established in 1976. 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, Givens Estates Inc employed 758 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.
For the year ending 12/2020, Givens Estates Inc generated $64.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $53.6m during the year ending 12/2020. While expenses have increased by 3.1% 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.
Since 2014, Givens Estates Inc has awarded 19 individual grants totaling $781,629. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2020
Describe the Organization's Mission:
Part 3 - Line 1
VISION STATEMENT: EXPANDING THE POSSIBILITIES FOR AGING MISSION STATEMENT: IMPROVING LIVES THROUGH COMMUNITIES, SERVICES, AND OUTREACH CORE VALUES OUR CORE VALUES ARE COMMITMENT, CARING, COURAGE AND COLLABORATION
Describe the Organization's Program Activity:
Part 3 - Line 4a
GIVENS PROVIDES HOUSING, SUPPORT AND HEALTH AND WELLNESS SERVICES FOR APPROXIMATELY 1,450 SENIORS ON ITS FOUR CAMPUSES. THIS IS DONE BY PROVIDING HOUSING AND HEALTH CARE FOR SENIORS OF ALL ECONOMIC LEVELS. THIS EFFORT REQUIRES ASSISTANCE FUNDS WHICH ARE SECURED THROUGH CHARITABLE SUPPORT, EARNINGS FROM ENDOWMENTS, AND OPERATING REVENUES. THROUGH OUTREACH ENDEAVORS GIVENS IMPACTS APPROXIMATELY 6,000 INDIVIDUALS ANNUALLY THROUGH WELLNESS AND HEALTH EDUCATION, MEDICATION ASSISTANCE, MEALSITES, MEDICAL EQUIPMENT LOAN CLOSETS, BABY EQUIPMENT AND RESOURCES CLOSETS, DIABETES AND OTHER CHRONIC DISEASE MANAGEMENT EDUCATION, AND A COMMUNITY NURSE TO HELP OUR LOWER INCOME RESIDENTS NAVIGATE THE HEALTHCARE ENVIRONMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kenneth Partin CEO | Officer | 40 | $453,816 |
Allen Squires CFO | Officer | 40 | $299,989 |
John Cowan Executive Director - Estates | Officer | 40 | $269,823 |
Kenneth Kramer Executive Director - Highland Farms | 40 | $162,921 | |
Robin Suddreth Director Of Health Services - Estates | 40 | $143,290 | |
Edgar Hillman III Director Of Ministries | 40 | $136,514 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Frank L Blum Construction Co Construction | 12/30/20 | $18,054,505 |
Trimark Foodcraft Restaurant Supply - Construction | 12/30/20 | $625,233 |
Healthpro Heritage Therapy | 12/30/20 | $1,326,236 |
Rlps Ii Llp Architecture | 12/30/20 | $1,058,376 |
Us Foodservice Food Service | 12/30/20 | $1,883,465 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,880,633 |
| Noncash contributions included in lines 1a–1f | $33,642 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,880,633 |
| Total Program Service Revenue | $59,683,429 |
| Investment income | $1,026,352 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $619,586 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $64,590,409 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $144,141 |
| Grants and other assistance to domestic individuals. | $386,503 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,132,335 |
| Compensation of current officers, directors, key employees. | $1,132,335 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $20,051,260 |
| Pension plan accruals and contributions | $721,678 |
| Other employee benefits | $2,814,922 |
| Payroll taxes | $1,469,814 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $22,696 |
| Fees for services: Accounting | $147,246 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,842,793 |
| Advertising and promotion | $1,150,014 |
| Office expenses | $3,525,441 |
| Information technology | $824,900 |
| Royalties | $0 |
| Occupancy | $2,963,398 |
| Travel | $61,838 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,805,045 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,232,682 |
| Insurance | $579,694 |
| All other expenses | $222,656 |
| Total functional expenses | $53,621,997 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $624,669 |
| Savings and temporary cash investments | $26,623,568 |
| Pledges and grants receivable | $256,616 |
| Accounts receivable, net | $3,841,474 |
| 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 | $532,013 |
| Net Land, buildings, and equipment | $174,052,856 |
| Investments—publicly traded securities | $52,185,153 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $4,095,207 |
| Other assets | $317,946 |
| Total assets | $262,529,502 |
| Accounts payable and accrued expenses | $10,642,281 |
| Grants payable | $0 |
| Deferred revenue | $128,243,742 |
| Tax-exempt bond liabilities | $42,910,000 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $19,026,173 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,978,657 |
| Total liabilities | $202,800,853 |
| Net assets without donor restrictions | $50,468,361 |
| Net assets with donor restrictions | $9,260,288 |
| 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 | $262,529,502 |
Grants Awarded
Over the last fiscal year, Givens Estates Inc has awarded $153,502 in support to 5 organizations.
| Grant Recipient | Amount |
|---|---|
Asheville, NC PURPOSE: COMMUNITY IMPROVEMENT | $72,641 |
Asheville, NC PURPOSE: GERIATRIC CONSULTATION SERVICE | $36,500 |
Raleigh, NC PURPOSE: COMMUNITY IMPROVEMENT | $25,000 |
Hendersonville, NC PURPOSE: COMMUNITY IMPROVEMENT | $10,000 |
Asheville, NC PURPOSE: COMMUNITY IMPROVEMENT | $9,361 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Givens Estates Inc has recieved totaling $53,617.
| Awarding Organization | Amount |
|---|---|
Manna Food Bank Inc Asheville, NC PURPOSE: FOOD DISTRIBUTION | $53,617 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Greenspring Village Inc Springfield, VA | $569,090,728 | $93,929,946 |
Ashby Ponds Inc Ashburn, VA | $762,046,134 | $88,246,844 |
Goodwin House Incorporated Alexandria, VA | $424,363,325 | $93,583,962 |
Sentara Life Care Corporation Norfolk, VA | $44,157,960 | $76,095,498 |
Lutheran Homes Of South Carolina Inc Irmo, SC | $125,675,346 | $78,037,823 |
Westminster-Canterbury Corporation Richmond, VA | $317,540,772 | $75,738,304 |
Virginia United Methodist Homes Inc Glen Allen, VA | $269,986,507 | $68,274,041 |
Presbyterian Communities Of South Carolina Columbia, SC | $118,605,394 | $59,410,170 |
Westminster-Canterbury On Chesapeake Bay Virginia Beach, VA | $181,465,545 | $62,696,283 |
Givens Estates Inc Asheville, NC | $262,529,502 | $64,590,409 |
United Church Homes And Services Newton, NC | $147,957,912 | $48,870,902 |
Aldersgate United Methodist Retirement Community Inc Charlotte, NC | $178,019,173 | $39,654,647 |