Stoddard Baptist Home
- Assets
- $9.5m
- Revenue
- $16.4m
- Investments
- $0.0
- Employees
- 154
- Location
- Washington, DC
- Founding
- 01/1943
- Data as of
- 12/2021
- EIN
- 53-0204634
Organization Overview
Stoddard Baptist Home is located in Washington, DC. The organization was established in 1943. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. As of 12/2021, Stoddard Baptist Home employed 154 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Stoddard Baptist Home 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, Stoddard Baptist Home generated $16.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.5% each year. All expenses for the organization totaled $17.7m during the year ending 12/2021. While expenses have increased by 1.5% 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
TO PROVIDE QUALITY HOUSING AND CARE FOR THE ELDERLY AND THEIR FAMILIES BY RESPONDING TO THEIR, SPIRITUAL, PHYSICAL, EMOTIONAL, AND SOCIAL NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION PROVIDES QUALITY HOUSING AND SKILLED CARE FOR THE ELDERLY IN DC WITH A 164 BED NURSING HOME AND THE OPERATION OF A 14 BED ASSISTED LIVING FACILITY IN MARYLAND.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mr Steven A Nash President & CEO | Officer | 28 | $193,309 |
Mr Mahesh Tyagi CFO | Officer | 34 | $184,970 |
Palvine Alem Registered Nurse | 40 | $170,963 | |
MA Remedios J Johnson Administrator | 40 | $150,975 | |
Neville Agbor Enow Registered Nurse | 40 | $120,914 | |
Mercy Kalu Ibe Registered Nurse | 40 | $110,147 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ems Inc Housekeeping | 12/30/21 | $711,975 |
Functional Pathways Therapy Services | 12/30/21 | $832,890 |
Unidine Corporation Food Services | 12/30/21 | $1,286,785 |
Kaiser Permanente Mid Atlantic States Health Insurance | 12/30/21 | $474,920 |
Mckesson Medical Surgical Medical Supplies | 12/30/21 | $366,676 |
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 | $201,782 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $201,782 |
| Total Program Service Revenue | $16,190,453 |
| Investment income | $0 |
| 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 | $16,392,235 |
| 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. | $1,039,792 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,332,174 |
| Pension plan accruals and contributions | $45,633 |
| Other employee benefits | $638,795 |
| Payroll taxes | $689,928 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $48,697 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $22,135 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $474,869 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $386,373 |
| Insurance | $376,697 |
| All other expenses | $2,893 |
| Total functional expenses | $17,670,395 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,968,291 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $6,194,597 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,380,336 |
| Total assets | $9,543,224 |
| Accounts payable and accrued expenses | $0 |
| 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 | $7,893,098 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,499,562 |
| Total liabilities | $9,392,660 |
| Net assets without donor restrictions | $150,564 |
| 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 | $9,543,224 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Stoddard Baptist Home has recieved totaling $38,000.
| Awarding Organization | Amount |
|---|---|
Washington Home Inc Washington, DC PURPOSE: CRITICALLY ILL | $38,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Mortgage Bankers Association Of America Washington, DC | $151,811,395 | $48,193,239 |
New America Foundation Washington, DC | $57,037,802 | $40,604,855 |
The One Campaign Washington, DC | $67,622,430 | $19,634,455 |
National Association Of County And City Health Officials Washington, DC | $14,670,823 | $33,691,939 |
The Albert B Sabin Vaccine Institute Inc Washington, DC | $18,738,050 | $26,913,156 |
St Coletta Of Greater Washington Inc Washington, DC | $37,883,272 | $21,114,468 |
Fisher House Foundation Inc Rockville, MD | $70,108,334 | $49,075,688 |
The Executive Leadership Council Inc Washington, DC | $54,122,664 | $27,390,915 |
Stoddard Baptist Home Washington, DC | $9,543,224 | $16,392,235 |
Voter Registration Project Washington, DC | $11,195,050 | $17,087,982 |
Robert F Kennedy Center For Justice And Human Rights Washington, DC | $60,116,357 | $7,527,165 |
Mvle Inc Springfield, VA | $9,312,046 | $13,677,162 |