Cartmell Communities Inc
- Assets
- $1.4m
- Revenue
- $2.6m
- Investments
- $0.0
- Employees
- 0
- Location
- Palestine, TX
- Founding
- 03/1955
- Data as of
- 06/2022
- EIN
- 75-0869320
Organization Overview
Cartmell Communities Inc is located in Palestine, TX. The organization was established in 1955. 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. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cartmell Communities 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 06/2022, Cartmell Communities Inc generated $2.6m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (19.6%) each year. All expenses for the organization totaled $2.8m during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (18.6%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990T
Mission & Program ActivityExcerpts From the 990T Filing
TAX YEAR
2022
Describe the Organization's Program Activity:
OPERATION OF HOME FOR AGED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tim Kozik CEO | 40 | $184,095 | |
Debbie Harrison COO | 40 | $173,317 | |
Leah Glenn CFO | 40 | $99,233 | |
Gregory Neel Windermere Director | 40 | $99,001 | |
Trina Treadwell Nursing Mgmt | 40 | $88,546 | |
Melanie Mooney Dietary Manager | 40 | $52,925 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $541,835 |
| Interest on Savings | $1,520 |
| 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 | $2,038,319 |
| Total Revenue | $2,581,674 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $456,645 |
| Other employee salaries and wages | $1,050,768 |
| Pension plans, employee benefits | $5,530 |
| Interest | $0 |
| Taxes | $119,756 |
| Depreciation | $76,025 |
| Occupancy | $610,565 |
| Travel, conferences, and meetings | $2,322 |
| Printing and publications | $0 |
| Other expenses | $409,355 |
| Total operating and administrative expenses | $2,766,735 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $2,766,735 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,180,040 |
| Savings and temporary cash investments | $0 |
| Net Accounts receivable | $4,539 |
| 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 | $8,178 |
| Prepaid expenses and deferred charges | $33,480 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $194,771 |
| Other assets | $2,500 |
| Total assets | $1,423,508 |
| Accounts payable and accrued expenses | $226,066 |
| Grants payable | $89,238 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $315,304 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cartmell Communities Inc has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Summers Foundation Palestine, TX PURPOSE: BUILDING FUND | $10,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Butterfield Trail Village Incorporated Fayetteville, AR | $73,135,439 | $22,090,800 |
The Tulsa Jewish Community Retirement And Health Care Center Tulsa, OK | $24,377,632 | $17,313,763 |
Glen Retirement System Shreveport, LA | $63,632,764 | $16,204,462 |
St Simeons Episcopal Home Inc Tulsa, OK | $25,094,852 | $15,031,463 |
Texhoma Christian Care Center Inc Wichita Falls, TX | $26,314,068 | $16,288,566 |
Holly Hall Houston, TX | $41,986,863 | $13,201,655 |
El Castillo Retirement Residences Santa Fe, NM | $122,205,602 | $11,771,221 |
Presbyterian Manor Inc Wichita Falls, TX | $39,159,045 | $12,083,758 |
Juliette Fowler Communities Inc Dallas, TX | $15,521,838 | $13,133,118 |
Trinity Village Inc Pine Bluff, AR | $8,362,799 | $10,022,194 |
Somerset Senior Living At Premier Hot Springs, AR | $4,163,438 | $11,521,132 |
Parkway Village Inc Little Rock, AR | $46,357,587 | $10,218,970 |