Grandview Resthome Association Inc
- Assets
- $2.2m
- Revenue
- $5.6m
- Investments
- $0.0
- Employees
- 129
- Location
- Grandview, TX
- Founding
- 02/1982
- Data as of
- 08/2021
- EIN
- 75-1657153
Organization Overview
Grandview Resthome Association Inc is located in Grandview, TX. The organization was established in 1982. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 08/2021, Grandview Resthome Association Inc employed 129 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Grandview Resthome Association 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 08/2021, Grandview Resthome Association Inc generated $5.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.8% each year. All expenses for the organization totaled $5.1m during the year ending 08/2021. While expenses have increased by 1.9% 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 SKILLED NURSING CARE, HOUSING AND FOOD TO AS MANY AS EIGHTY TWO RESIDENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDES SKILLED NURSING CARE, HOUSING AND FOOD TO AS MANY AS EIGHTY TWO RESIDENTS.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Barbara Lott Administrator | Officer | 40 | $98,297 |
Buddy Fry Chairman | OfficerTrustee | 1 | $0 |
Steve Hummert Sec\treas. | OfficerTrustee | 1 | $0 |
Brian Pollock Vice Chairman | OfficerTrustee | 1 | $0 |
Bart Basham Director | Trustee | 1 | $0 |
Kirby Basham Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $562,162 |
| All other contributions, gifts, grants, and similar amounts not included above | $48,694 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $610,856 |
| Total Program Service Revenue | $5,066,912 |
| Investment income | -$29,232 |
| 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 | $5,648,536 |
| 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. | $98,297 |
| Compensation of current officers, directors, key employees. | $98,297 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,772,789 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| 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 | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $120,639 |
| Insurance | $0 |
| All other expenses | $1,048,891 |
| Total functional expenses | $5,091,701 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,024,278 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $445,177 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $44,436 |
| Prepaid expenses and deferred charges | $168,337 |
| Net Land, buildings, and equipment | $523,489 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $2,205,717 |
| Accounts payable and accrued expenses | $409,551 |
| 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 | $409,551 |
| Net assets without donor restrictions | $1,199,147 |
| Net assets with donor restrictions | $597,019 |
| 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 | $2,205,717 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Grandview Resthome Association Inc has recieved totaling $23.
| Awarding Organization | Amount |
|---|---|
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $23 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Seven Acres Jewish Senior Care Services Inc Houston, TX | $33,296,281 | $17,291,093 |
Lakeview Christian Home Of The Southwest Inc Carlsbad, NM | $42,033,708 | $17,045,837 |
Methodist Nursing Home Of Fort Smith Inc Fort Smith, AR | $18,757,721 | $13,982,834 |
Sierra Health Care Inc Truth Or Consequences, NM | $7,172,173 | $15,373,901 |
Baptist Memorials Ministries Dallas, TX | $76,405,250 | $18,028,006 |
United Methodist Home Of Enid Inc Enid, OK | $6,879,064 | $13,679,398 |
S P J S T Rest Home Taylor, TX | $45,258,719 | $17,630,650 |
Wood-Lawn Inc Batesville, AR | $28,619,314 | $12,711,949 |
Los Alamos Retirement Community Inc Los Alamos, NM | $9,586,285 | $11,050,149 |
St Margarets New Orleans, LA | $35,749,079 | $9,811,309 |
St Joseph Manor Bryan, TX | $14,734,053 | $6,915,192 |
Home For Aged Masons Arlington, TX | $126,219,550 | $9,760,970 |