Calvert County Nursing Center Inc
- Assets
- $7.4m
- Revenue
- $12.2m
- Investments
- $0.0
- Employees
- 210
- Location
- Frederick, MD
- Founding
- Data as of
- 12/2017
- EIN
- 52-0890928
Organization Overview
Calvert County Nursing Center Inc is located in Frederick, MD. 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 12/2017, Calvert County Nursing Center Inc employed 210 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Calvert County Nursing Center 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 12/2017, Calvert County Nursing Center Inc generated $12.2m in total revenue. The organization has seen a slow decline revenue. Over the past 2 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $13.9m during the year ending 12/2017. As we would expect to see with falling revenues, expenses have declined by (1.2%) per year over the past 2 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
2017
Describe the Organization's Mission:
Part 3 - Line 1
DOING ALL THE GOOD WE CAN BY PROVIDING EXCEPTIONAL LIFESTYLE OPPORTUNITIES TO THOSE WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF 149 BED SKILLED NURSING FACILITY FOR THE AGED PROVIDING 42,584 DAYS OF SERVICE FOR 2017. THE ORGANIZATION PROVIDED $1,163,377 OF CONTRACTUAL ALLOWANCES TO RESIDENTS OF THE SNF DURING THIS PERIOD.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Caolyn Stamatakis Chair | OfficerTrustee | 2 | $0 |
Roberty Boyd Vice Chair, Treasurer | OfficerTrustee | 2 | $0 |
Nick Serenyi Director | Trustee | 2 | $0 |
Dennis Hansen Director | Trustee | 2 | $0 |
Thomas Ettinger Director | Trustee | 2 | $0 |
Richard Findley Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Flagship Rehabilitation Service Rehab Service | 12/30/17 | $828,602 |
Sodexo Inc & Affiliates Food Service | 12/30/17 | $775,304 |
Omnicare Inc Pharmacy Service | 12/30/17 | $270,634 |
Mckesson Medical-surgical Medical Supplies Service | 12/30/17 | $179,886 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $19,017 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $19,017 |
| Total Program Service Revenue | $12,054,367 |
| Investment income | $24,385 |
| 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 | $12,166,264 |
| 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. | $132,444 |
| Compensation of current officers, directors, key employees. | $132,444 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,106,851 |
| Pension plan accruals and contributions | $211,549 |
| Other employee benefits | $681,313 |
| Payroll taxes | $534,555 |
| Fees for services: Management | $342,545 |
| Fees for services: Legal | $60,776 |
| Fees for services: Accounting | $10,822 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,252,460 |
| Advertising and promotion | $8,342 |
| Office expenses | $377,259 |
| Information technology | $214,180 |
| Royalties | $0 |
| Occupancy | $385,350 |
| Travel | $7,052 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $281,645 |
| Insurance | $120,761 |
| All other expenses | $194,449 |
| Total functional expenses | $13,922,891 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $11,626 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,228,290 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $18,117 |
| Prepaid expenses and deferred charges | $24,489 |
| Net Land, buildings, and equipment | $4,890,453 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $1,200,000 |
| Other assets | $49,393 |
| Total assets | $7,422,368 |
| Accounts payable and accrued expenses | $619,554 |
| Grants payable | $0 |
| Deferred revenue | $13,938 |
| 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 | $94,315 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $4,118,357 |
| Total liabilities | $4,846,164 |
| Unrestricted restricted net Assets | $2,561,992 |
| Temporarily restricted net Assets | $11,602 |
| Permanently restricted net Assets or current funds | $2,610 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $2,576,204 |