Sacred Hearted Home Inc
- Assets
- $27.9m
- Revenue
- $5.4m
- Investments
- $0.0
- Employees
- 69
- Location
- Hyattsville, MD
- Founding
- 03/1946
- Data as of
- 12/2023
- EIN
- 52-0591379
Organization Overview
Sacred Hearted Home Inc is located in Hyattsville, MD. The organization was established in 1946. 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 12/2023, Sacred Hearted Home Inc employed 69 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Sacred Hearted 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 12/2023, Sacred Hearted Home Inc generated $5.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 5 years, the organization has seen revenues fall by an average of (7.9%) each year. All expenses for the organization totaled $5.2m during the year ending 12/2023. As we would expect to see with falling revenues, expenses have declined by (7.3%) per year over the past 5 years. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
44-BED LICENSED NURSING HOME IN HYATTSVILLE, MARYLAND THAT PROVIDES NURSING CARE SERVICES TO ITS RESIDENTS
Describe the Organization's Program Activity:
Part 3 - Line 4a
44-BED LICENSED NURSING HOME IN HYATTSVILLE, MARYLAND THAT PROVIDES NURSING CARE SERVICES TO ITS RESIDENTS
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sr Vacha Kludziak Ssmi Pres & Admin | OfficerTrustee | 40 | $122,231 |
Sr Danuta Zielinska Ssmi Director | OfficerTrustee | 2 | $0 |
Sr Marzena Barcikowska Ssmi Chairperson | Trustee | 2 | $0 |
Sr Carolyn Carne Ssmi Secretary | OfficerTrustee | 2 | $0 |
Sr Krystyna Mroczek Ssmi Director | OfficerTrustee | 2 | $0 |
Sr Maria Imiolek Ssmi Director | Trustee | 40 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Morgan-keller Inc Construction | 12/30/23 | $1,656,022 |
Unidine Lifestyles Food Service | 12/30/23 | $874,343 |
It Services Group Inc It Technology | 12/30/23 | $129,938 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $68,079 |
| All other contributions, gifts, grants, and similar amounts not included above | $493,807 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $561,886 |
| Total Program Service Revenue | $4,659,708 |
| Investment income | $69,841 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$5,322 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,385,755 |
| 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. | $143,276 |
| Compensation of current officers, directors, key employees. | $143,276 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,273,594 |
| Pension plan accruals and contributions | $157,137 |
| Other employee benefits | $583,980 |
| Payroll taxes | $164,532 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $36,576 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $157,990 |
| Advertising and promotion | $5,654 |
| Office expenses | $81,593 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $244,040 |
| Travel | $1,869 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $76,113 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $272,933 |
| Insurance | $66,817 |
| All other expenses | $21,692 |
| Total functional expenses | $5,225,490 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $394,728 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $153,128 |
| 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 | $39,110 |
| Net Land, buildings, and equipment | $23,997,984 |
| Investments—publicly traded securities | $1,610,766 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,739,010 |
| Total assets | $27,934,726 |
| Accounts payable and accrued expenses | $386,844 |
| 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 | $1,656,021 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $6,500,000 |
| Total liabilities | $8,542,865 |
| Net assets without donor restrictions | $18,158,075 |
| Net assets with donor restrictions | $1,233,786 |
| 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 | $27,934,726 |