Katherine And Charles Hover Green Houses Inc
- Assets
- $20.1m
- Revenue
- $5.8m
- Investments
- $0.0
- Employees
- 103
- Location
- Longmont, CO
- Founding
- 06/2017
- Data as of
- 06/2021
- EIN
- 81-1408810
Organization Overview
Katherine And Charles Hover Green Houses Inc is located in Longmont, CO. The organization was established in 2017. 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 06/2021, Katherine And Charles Hover Green Houses Inc employed 103 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Katherine And Charles Hover Green Houses 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 06/2021, Katherine And Charles Hover Green Houses Inc generated $5.8m in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 57.0% each year . All expenses for the organization totaled $5.5m during the year ending 06/2021. 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
KATHERINE AND CHARLES HOVER GREEN HOUSES EMPOWERS SENIORS TO LIVE THE LIFE THEY CHOOSE BY OFFERING INNOVATIVE, AFFORDABLE AND DIGNIFIED CHOICE IN HOUSING AND SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
KATHERINE AND CHARLES HOVER GREEN HOUSES PROVIDES HOUSING AND HEALTH SERVICES FOR THE ELDERLY. THE ORGANIZATION OPERATES AN ASSISTED LIVING RESIDENCE AND PROVIDES PERSONAL CARE SERVICES FOR THE ELDERLY AND HANDICAPPED.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Holly Raymer Chief Executive Officer | Officer | 10 | $114,908 |
John Fallon Vice Chairman | OfficerTrustee | 1 | $0 |
Marty Block Treasurer | OfficerTrustee | 1 | $0 |
Lois Boschee Secretary | OfficerTrustee | 1 | $0 |
Nancy Schwalm Chairman | OfficerTrustee | 1 | $0 |
Lisa Czolowski Chief Executive Officer | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $370,833 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,514 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $377,347 |
| Total Program Service Revenue | $5,371,353 |
| Investment income | $2,537 |
| 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 | $5,759,736 |
| 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. | $114,908 |
| Compensation of current officers, directors, key employees. | $25,551 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,448,041 |
| Pension plan accruals and contributions | $13,336 |
| Other employee benefits | $151,097 |
| Payroll taxes | $191,151 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $507 |
| Fees for services: Accounting | $17,521 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $109,938 |
| Advertising and promotion | $3,234 |
| Office expenses | $7,766 |
| Information technology | $32,861 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $718 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $967,573 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $441,255 |
| Insurance | $134,961 |
| All other expenses | $193,736 |
| Total functional expenses | $5,543,302 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $249,817 |
| Savings and temporary cash investments | $526,494 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $558,627 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $4,000 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,151 |
| Net Land, buildings, and equipment | $18,793,232 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $7,971 |
| Total assets | $20,143,292 |
| Accounts payable and accrued expenses | $497,456 |
| Grants payable | $0 |
| Deferred revenue | $115,775 |
| 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 | $16,620,437 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,279,855 |
| Total liabilities | $18,513,523 |
| Net assets without donor restrictions | $1,629,769 |
| 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 | $20,143,292 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Katherine And Charles Hover Green Houses Inc has recieved totaling $334,680.
| Awarding Organization | Amount |
|---|---|
Longmont Community Foundation Longmont, CO PURPOSE: PROGRAM SUPPORT | $334,680 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sunny Vista Living Center Colorado Springs, CO | $41,304,394 | $18,743,774 |
B C B U Inc Woods Cross, UT | $5,582,749 | $20,735,877 |
Lakeview Christian Home Of The Southwest Inc Carlsbad, NM | $42,033,708 | $17,045,837 |
Handmaker Jewish Services For The Aging Tucson, AZ | $4,316,204 | $13,562,780 |
Sierra Health Care Inc Truth Or Consequences, NM | $7,172,173 | $15,373,901 |
United Methodist Home Of Enid Inc Enid, OK | $6,879,064 | $13,679,398 |
St Francis Nursing Center Colorado Springs, CO | $4,550,262 | $12,563,151 |
Mission Health Services West Valley City, UT | $30,891,511 | $16,787,337 |
Sunshine Terrace Foundation Inc Logan, UT | $13,450,864 | $11,370,132 |
Pleasant View Home Inman, KS | $10,398,984 | $12,107,542 |
Los Alamos Retirement Community Inc Los Alamos, NM | $9,586,285 | $11,050,149 |
Evergreen Living Innovations Inc Olathe, KS | $4,341,931 | $10,851,757 |