Mountain Vista Health Park Inc
- Assets
- $11.8m
- Revenue
- $11.3m
- Investments
- $0.0
- Employees
- 133
- Location
- Denton, NC
- Founding
- 04/1979
- Data as of
- 09/2021
- EIN
- 56-1255030
Organization Overview
Mountain Vista Health Park Inc is located in Denton, NC. The organization was established in 1979. 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 09/2021, Mountain Vista Health Park Inc employed 133 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mountain Vista Health Park 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 09/2021, Mountain Vista Health Park Inc generated $11.3m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $7.4m during the year ending 09/2021. While expenses have increased by 3.4% 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
TO PROVIDE QUALITY LONG-TERM NURSING CARE FOR RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MOUNTAIN VISTA HEALTH PARK, INC. IS A CORPORATION WHICH PROVIDES LONG-TERM NURSING CARE AND ADULT-CARE HOME SERVICES. THE FACILITY HAS 60 NURSING AND 60 ADULT-CARE BEDS. WE OFFER SERVICES TO THE PUBLIC WITHOUT REGARD TO RELIGION OR ETHNICITY.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Scott Morris President | OfficerTrustee | 0.25 | $0 |
Adalyn Nopanen Secretary | OfficerTrustee | 0.25 | $0 |
Jeanette Potts Treasurer | OfficerTrustee | 0.25 | $0 |
Cathy Jackson Board Member | Trustee | 0.25 | $0 |
Ronnie Harrison Board Member | Trustee | 0.25 | $0 |
Dixie Kearns Board Member | Trustee | 0.25 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Legacy Healthcare Services Physical, Speech, Occupational Therapies | 9/29/21 | $589,132 |
Dixon Hughes Goodman Financial And It Services | 9/29/21 | $128,168 |
Yadkin Valley Healthcare Medical Services | 9/29/21 | $126,867 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,344,585 |
| 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 | $1,344,585 |
| Total Program Service Revenue | $9,704,065 |
| Investment income | $95,685 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $2,400 |
| Net Gain/Loss on Asset Sales | $135,836 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,325,169 |
| 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 | $4,070,809 |
| Pension plan accruals and contributions | $46,000 |
| Other employee benefits | $486,318 |
| Payroll taxes | $294,966 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,073 |
| Fees for services: Accounting | $29,250 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $32,589 |
| Fees for services: Other | $47,363 |
| Advertising and promotion | $2,790 |
| Office expenses | $581,603 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $147,593 |
| Travel | $5,290 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | -$7,614 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $220,055 |
| Insurance | $32,134 |
| All other expenses | $47,070 |
| Total functional expenses | $7,413,505 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,898,742 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $667,854 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $17,023 |
| Prepaid expenses and deferred charges | $26,896 |
| Net Land, buildings, and equipment | $2,250,098 |
| Investments—publicly traded securities | $5,804,365 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $133,831 |
| Total assets | $11,798,809 |
| Accounts payable and accrued expenses | $546,558 |
| Grants payable | $0 |
| Deferred revenue | $131,293 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $132,252 |
| Total liabilities | $810,103 |
| Net assets without donor restrictions | $10,988,706 |
| 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 | $11,798,809 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lakeshore Estate Inc Nashville, TN | $27,064,642 | $18,022,154 |
Beth Sholom Home Of Eastern Virginia Virginia Beach, VA | $27,551,493 | $20,688,012 |
Samaritan Housing Foundation Inc Cary, NC | $309,375,809 | $14,744,618 |
Penick Village Inc Southern Pines, NC | $72,235,809 | $19,517,376 |
Lexington Retirement Community Inc Lexington, VA | $110,623,438 | $22,740,309 |
Ave Maria Home Memphis, TN | $24,665,366 | $18,165,699 |
Central Georgia Senior Health Inc Macon, GA | $135,213,897 | $22,356,882 |
Blakeford At Green Hills Corporation Nashville, TN | $102,878,006 | $17,185,961 |
Masonic And Eastern Star Home Greensboro, NC | $138,321,577 | $15,654,772 |
Culpeper Baptist Retirement Community Inc Glen Allen, VA | $85,756,806 | $15,427,505 |
Lutheran Home-Hickory Inc Salisbury, NC | $8,958,824 | $16,014,095 |
Covenant Village Inc Gastonia, NC | $24,815,314 | $14,664,679 |