Ramey-Estep Homes Inc
- Assets
- $15.3m
- Revenue
- $16.6m
- Investments
- $0.0
- Employees
- 347
- Location
- Rush, KY
- Founding
- 12/1958
- Data as of
- 12/2021
- EIN
- 61-0595497
Organization Overview
Ramey-Estep Homes Inc is located in Rush, KY. The organization was established in 1958. According to its NTEE Classification (P73) the organization is classified as: Group Homes, under the broad grouping of Human Services and related organizations. As of 12/2021, Ramey-Estep Homes Inc employed 347 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Ramey-Estep Homes 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 12/2021, Ramey-Estep Homes Inc generated $16.6m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 11.1% each year . All expenses for the organization totaled $16.1m during the year ending 12/2021. While expenses have increased by 9.0% 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
RAMEY-ESTEP HOMES OFFERS OPPORTUNITIES FOR YOUTH TO BECOME PRODUCTIVE, RESPONSIBLE ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVODING FOOD, CLOTHING, SHELTER AND EDUCATIONAL SUPPORT FOR CHILDREN AGES 13-18 WHO FOR VARIOUS REASONS ARE WITHOUT A PARENTAL BASE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ginny Anderson CEO | $130,763 | ||
Tom Leach CFO | $123,192 | ||
Leif Clarke President | OfficerTrustee | $0 | |
Sharon Haines Secretary | OfficerTrustee | $0 | |
Mark T Baldock Board Member | Trustee | $0 | |
Dr Douglas Cole Board Member | Trustee | $0 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $16,289,619 |
| Investment income | $5,856 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $8,454 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $16,553,810 |
| 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 | $9,709,518 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,094,735 |
| Payroll taxes | $723,036 |
| 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 | $830,386 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $566,591 |
| Travel | $138,967 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $321,906 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $831,145 |
| Insurance | $0 |
| All other expenses | $385,808 |
| Total functional expenses | $16,117,659 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,600 |
| Savings and temporary cash investments | $1,300,323 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $3,157,386 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $83,570 |
| Prepaid expenses and deferred charges | $155,728 |
| Net Land, buildings, and equipment | $10,558,978 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $15,258,585 |
| Accounts payable and accrued expenses | $977,889 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $977,889 |
| Net assets without donor restrictions | $14,280,696 |
| 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 | $15,258,585 |
Grants Recieved
Over the last fiscal year, we have identified 4 grants that Ramey-Estep Homes Inc has recieved totaling $22,538.
| Awarding Organization | Amount |
|---|---|
Pallottine Foundation Of Huntington West Virginia Huntington, WV PURPOSE: TO PROVIDE SUPPORT TO STAFF CAMP COURAGE, A NEW SUMMER MENTAL WELLNESS CAMP FOR BOYD COUNTY ELEMENTARY, MIDDLE, AND HIGH SCHOOL STUDENTS. THERAPISTS WILL FACILITATE MINDFULNESS ACTIVITIES, YOGA, AND SOCIAL SKILLS GROUPS IN WHICH STUDENTS WILL BE PROVIDED WITH MENTAL HEALTH TOOLKITS. IN ADDITION, MIDDLE AND HIGH SCHOOL STUDENTS WILL PARTICIPATE IN FIELD TRIPS WHERE THEY WILL ENGAGE IN ADVENTURE ACTIVITIES AND RECEIVE INDIVIDUAL MENTAL HEALTH SERVICES. | $15,000 |
Maude Velle & William B Brown Memorial Tr Ua 33-L202-00-0 Pittsburgh, PA PURPOSE: GENERAL SUPPORT | $5,833 |
Millard F & Beulah M Field Crut Memorial Trust Lexington, KY PURPOSE: SUPPORT | $1,500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $205 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Buckeye Ranch Grove City, OH | $52,523,955 | $52,506,935 |
Champaign Residential Services Inc Urbana, OH | $32,789,817 | $40,282,333 |
Community Residences Inc Chantilly, VA | $8,965,819 | $35,349,534 |
Maryville Academy Des Plaines, IL | $107,135,163 | $38,590,774 |
Marklund Childrens Home Geneva, IL | $37,575,668 | $32,772,830 |
Koinonia Homes Inc Independence, OH | $28,526,535 | $37,892,187 |
Childrens Home Association Of Illinois Peoria, IL | $56,270,860 | $27,496,004 |
Emmaus Homes Inc St Charles, MO | $38,561,803 | $32,833,294 |
Beverly Farm Foundation Godfrey, IL | $38,503,233 | $44,775,588 |
Columbus Center For Human Services Inc Columbus, OH | $12,984,481 | $25,350,121 |
Sunshine Inc Residential And Support Services Maumee, OH | $20,313,876 | $30,237,496 |
Gateways To Better Living Inc Youngstown, OH | $7,271,771 | $25,029,491 |