Seashore Campgrounds Retirement Home Inc
- Assets
- $14.2m
- Revenue
- $3.1m
- Investments
- $0.0
- Employees
- 0
- Location
- Tupelo, MS
- Founding
- 09/1985
- Data as of
- 12/2021
- EIN
- 64-0429943
Organization Overview
Seashore Campgrounds Retirement Home Inc is located in Tupelo, MS. The organization was established in 1985. According to its NTEE Classification (N20) the organization is classified as: Camps, under the broad grouping of Recreation & Sports and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Seashore Campgrounds Retirement Home 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, Seashore Campgrounds Retirement Home Inc generated $3.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 5.1% each year. All expenses for the organization totaled $4.3m during the year ending 12/2021. While expenses have increased by 5.3% 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
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE COVE AT SEASHORE HIGHLANDS OFFERS ASSISTED LIVING IN 50 SUITES IN A BEAUTIFUL BUILDING. THE STAFF SERVES RESIDENT NEEDS WITH INDIVIDUALIZED CARE.
THE VILLAS AT SEASHORE HIGHLANDS ARE DESIGNED FOR INDEPENDENT, ACTIVE OLDER ADULTS WHERE A VARIETY OF SERVICES ARE AVAILABLE.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
John L Lipscomb Board Member | 0.25 | $0 | |
Emily Ann Allen Board Member | 0.25 | $0 | |
Diane B Havard Chair | 0.25 | $0 | |
Jeff Lawson Board Member | 0.25 | $0 | |
Rufus M Smith Board Member | 0.25 | $0 | |
Michael H Gilreath Board Member | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $338,049 |
| Interest on Savings | $7,958 |
| Dividends & Interest | $0 |
| Net Rental Income | $0 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $2,727,000 |
| Total Revenue | $3,073,007 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $0 |
| Other employee salaries and wages | $1,344,963 |
| Pension plans, employee benefits | $326,900 |
| Interest | $535 |
| Taxes | $0 |
| Depreciation | $720,061 |
| Occupancy | $482,355 |
| Travel, conferences, and meetings | $16,496 |
| Printing and publications | $0 |
| Other expenses | $618,555 |
| Total operating and administrative expenses | $4,260,098 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $4,260,098 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,234 |
| Savings and temporary cash investments | $2,876 |
| Net Accounts receivable | $36,428 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $14,787 |
| Prepaid expenses and deferred charges | $10,459 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $14,053,508 |
| Other assets | $79,799 |
| Total assets | $14,199,091 |
| Accounts payable and accrued expenses | $149,526 |
| Grants payable | $0 |
| Deferred revenue | $1,965,118 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $7,802,905 |
| Other liabilities | $6,809,189 |
| Total liabilities | $16,726,738 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Seashore Campgrounds Retirement Home Inc has recieved totaling $3,220.
| Awarding Organization | Amount |
|---|---|
Mississippi Gulf Resort Classic Foundation Inc Diberville, MS PURPOSE: DONATION TO FURTHER CHARITABLE WORK OF ORGANIZATION | $1,610 |
Mississippi Gulf Resort Classic Foundation Inc Diberville, MS PURPOSE: DONATION TO FURTHER CHARITABLE WORK OF ORGANIZATION | $1,610 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Christian Acres Youth Center Inc Tallulah, LA | $3,916,509 | $7,265,010 |
Scott Appalachian Industries Huntsville, TN | $7,761,990 | $3,857,138 |
Seashore Campgrounds Retirement Home Inc Tupelo, MS | $14,199,091 | $3,073,007 |
Campbell Foundation Germantown, TN | $12,386,633 | $3,259,184 |
Camp Aldersgate Inc Little Rock, AR | $17,028,561 | $1,373,795 |
Lake Forest Ranch Inc Macon, MS | $2,775,290 | $1,589,699 |
Southeastern Diabetes Education Services Inc Hoover, AL | $1,295,433 | $1,508,496 |
Camp Lake Stevens Social Services Program Inc Oxford, MS | $2,125,683 | $1,112,300 |
Horton Haven-Christian Camp Chapel Hill, TN | $1,824,648 | $729,068 |
New Frontiers Dowelltown, TN | $1,256,703 | $780,645 |
Wesley Pines Conference Retreat & Camping Center Hazlehurst, MS | $805,710 | $611,118 |
Marannook Inc Lafayette, AL | $1,932,563 | $672,067 |