Baptist Retirement Communities Of Georgia
- Assets
- $39.8m
- Revenue
- $4.3m
- Investments
- $5.3m
- Employees
- 60
- Location
- Decatur, GA
- Founding
- 12/1966
- Data as of
- 12/2021
- EIN
- 58-0969850
Organization Overview
Baptist Retirement Communities Of Georgia is located in Decatur, GA. The organization was established in 1966. 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 12/2021, Baptist Retirement Communities Of Georgia employed 60 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Baptist Retirement Communities Of Georgia 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, Baptist Retirement Communities Of Georgia generated $4.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $5.9m during the year ending 12/2021. While expenses have increased by 3.3% 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 ENRICH THE LIVES OF SENIOR ADULTS BY EMPOWERING EACH INDIVIDUAL TO FLOURISH WHILE AGING IN PLACE WITHIN A CHRISTIAN ENVIRONMENT. PART OF THAT MISSION IS TO PROVIDE AFFORDABLE HOUSING FOR SENIORS, AGE 50 AND UP, IN A CHRISTIAN ENVIRONMENT. THE ORGANIZATION PROVIDES BELOW MARKET INDEPENDENT LIVING AT OUR THREE LOCATIONS: CLAIRMONT CREST IN DECATUR, GEORGIA; HIAWASSEE PARK IN THE MOUNTAINS OF NORTH GEORGIA; AND PALMETTO PARK IN PALMETTO, GEORGIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING SENIOR ADULTS COMFORTABLE, ATTRACTIVE HOMES AND SERVICES AT AN AFFORDABLE PRICE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shannon Watson President/ceo | OfficerTrustee | 38 | $182,816 |
Sharalene Roper Vice President | Officer | 38 | $151,754 |
Heather Robinson Camp Vice Chair | OfficerTrustee | 0 | $0 |
Charles Hunnicutt Chair | OfficerTrustee | 0 | $0 |
Rev Darren Hughes Trustee | Trustee | 0 | $0 |
Thomas Hammond Jr Trustee | Trustee | 0 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ccl Associates Re Development/management | 12/30/21 | $152,996 |
Youngblood Grading Co Construction | 12/30/21 | $216,494 |
Bj Gann Inc Construction/landscaping | 12/30/21 | $147,425 |
Pradke Llc Construction | 12/30/21 | $2,385,655 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $109,399 |
| Government grants | $383,298 |
| All other contributions, gifts, grants, and similar amounts not included above | $221,005 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $713,702 |
| Total Program Service Revenue | $3,368,809 |
| Investment income | $213,336 |
| 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 | $4,332,390 |
| 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. | $334,569 |
| Compensation of current officers, directors, key employees. | $183,673 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,156,312 |
| Pension plan accruals and contributions | $38,370 |
| Other employee benefits | $147,453 |
| Payroll taxes | $109,824 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| 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 | $180,893 |
| Advertising and promotion | $68,890 |
| Office expenses | $127,546 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $288,560 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,418,087 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,041,937 |
| Insurance | $99,183 |
| All other expenses | $0 |
| Total functional expenses | $5,932,802 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,282 |
| Savings and temporary cash investments | $512,923 |
| Pledges and grants receivable | $100,000 |
| Accounts receivable, net | $55,818 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $3,848 |
| Prepaid expenses and deferred charges | $36,500 |
| Net Land, buildings, and equipment | $30,331,158 |
| Investments—publicly traded securities | $17,854 |
| Investments—other securities | $5,250,971 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,523,157 |
| Total assets | $39,841,511 |
| Accounts payable and accrued expenses | $1,024,252 |
| Grants payable | $0 |
| Deferred revenue | $299,557 |
| Tax-exempt bond liabilities | $27,625,841 |
| 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 | $6,429,139 |
| Total liabilities | $35,378,789 |
| Net assets without donor restrictions | -$983,606 |
| Net assets with donor restrictions | $5,446,328 |
| 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 | $39,841,511 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Baptist Retirement Communities Of Georgia has recieved totaling $5,945.
| Awarding Organization | Amount |
|---|---|
National Association For The Exchange Of Industrial Resources I Galesburg, IL PURPOSE: CARE OF ILL, NEEDY, OR MINOR | $5,945 |
Endowment Analysis
| Beg. Balance | $4,946,271 |
| Earnings | $313,986 |
| Other Expense | $13,929 |
| Ending Balance | $5,246,328 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lakeshore Estate Inc Nashville, TN | $27,064,642 | $18,022,154 |
Sarasota Manatee Jewish Housing Council Inc Sarasota, FL | $25,733,958 | $18,693,648 |
Carpenters Home Estates Inc Lakeland, FL | $64,229,461 | $19,045,367 |
Menorah Manor Inc St Petersburg, FL | $10,980,323 | $18,960,308 |
Samaritan Housing Foundation Inc Cary, NC | $309,375,809 | $14,744,618 |
Penick Village Inc Southern Pines, NC | $72,235,809 | $19,517,376 |
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 |
Penney Retirement Community Inc Penney Farms, FL | $61,971,655 | $17,793,426 |
Masonic And Eastern Star Home Greensboro, NC | $138,321,577 | $15,654,772 |
Lutheran Home-Hickory Inc Salisbury, NC | $8,958,824 | $16,014,095 |