Frasier Meadows Manor Inc

Organization Overview

Frasier Meadows Manor Inc, operating under the name Frasier, is located in Boulder, CO. The organization was established in 1964. 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. As of 06/2022, Frasier employed 444 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Frasier 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, Frasier generated $40.7m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 7.9% each year. All expenses for the organization totaled $41.1m during the year ending 06/2022. 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE HOUSING, HEALTHCARE, AND RELATED SERVICES TO SENIOR CITIZENS THROUGH A RETIREMENT FACILITY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

FRASIER MEADOWS MANOR IS TAX-EXEMPT CONTINUING CARE RETIREMENT COMMUNITY OPERATED TO FURTHER THE VISION AND MISSION OF THE UNITED METHODIST CHURCH AS EXPRESSED BY ITS GENERAL BOARD OF DISCIPLESHIP THROUGH THE METHODIST CENTER ON AGING AND OLDER ADULT MINISTRIES. THE FACILITY INCLUDES INDEPENDENT LIVING, ASSISTED LIVING AND SKILLED NURSING CARE, WHICH INCLUDES INDEPENDENT AND ASSISTED RESIDENTIAL COMPETENCY SUPPORT, MEAL SERVICES, CHAPLAINCY PROGRAM WITH OPPORTUNITIES FOR SPIRITUAL GROWTH AND SUPPORT, AND RECREATIONAL AND THERAPEUTIC ACTIVITIES. THE FACILITIES AND PROGRAMS ARE DESIGNED TO MEET THE UNIQUE NEEDS OF SENIORS FOR FINANCIAL SECURITY, CONSISTENCY AND ACCESSIBLE HEALTHCARE, AND TO ENHANCE OPPORTUNITIES FOR INDEPENDENT "AGING IN PLACE". STATISTICAL INFORMATION IS AVAILABLE UPON REQUEST.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Pinkard Construction
Construction
$1,195,079
Morrison Community Living
Dining Services Management
$921,095
Dg Construction
Construction
$1,937,342
Haynes Mechanical Systems
Hvac Management
$734,318
Harris Dewart Llc
Construction
$681,710
View All Vendors

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$1,140,707
Noncash contributions included in lines 1a–1f $132,963
Total Revenue from Contributions, Gifts, Grants & Similar$1,140,707
Total Program Service Revenue$39,577,758
Investment income $1,781,660
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $221,205
Net Gain/Loss on Asset Sales -$1,988,770
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $40,732,560

Grants Awarded

Over the last fiscal year, Frasier Meadows Manor Inc has awarded $90,000 in support to 6 organizations.

Grant RecipientAmount

BOULDER HOUSING PARTNERS FOUNDATION

Org PageRecipient Profile

Boulder, CO

PURPOSE: EMERGENCY HOUSING FUNDS

$20,000

BOULDER COUNTY AREA AGENCY ON AGING

PURPOSE: GENERAL SUPPORT

$15,000

FRIENDS OF THE LONGMONT SENIOR CENTER

Org PageRecipient Profile

Longmont, CO

PURPOSE: GENERAL SUPPORT

$15,000

BOULDER OLDER ADULT SERVICES

PURPOSE: GENERAL SUPPORT

$15,000

ALZHEIMER'S ASSOCIATION

Org PageRecipient Profile

PURPOSE: SPONSOR THE WALK TO END ALZHEIMER'S

$15,000

LOUISVILLE SENIOR SERVICES

PURPOSE: ACTIVITY SCHOLARSHIP PROGRAM

$10,000
View Grant Profile

Grants Recieved

Over the last fiscal year, we have identified 5 grants that Frasier Meadows Manor Inc has recieved totaling $42,625.

Awarding OrganizationAmount
Schwab Charitable Fund

San Francisco, CA

PURPOSE: HUMAN SERVICES

$19,150
Community First Foundation

Arvada, CO

PURPOSE: GENERAL PURPOSE

$10,475
American Endowment Foundation

Hudson, OH

PURPOSE: HUMAN SERVICE

$10,000
The@huntly Foundation

Richmond, VA

PURPOSE: PROVIDE FUNDS

$2,000
Baird Foundation Inc

Milwaukee, WI

PURPOSE: EDUCATION

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$545,245
Net Contributions$9,150
Other Expense$77,611
Ending Balance$476,784

Peer Organizations

Organization NameAssets
Presbyterian Manors Inc
Wichita, KS
$111,573,289
Wind Crest Inc
Highlands Ranch, CO
$101,821,214
Tempe Life Care Village Inc
Tempe, AZ
$48,647,054
Bethesda Foundation
Colorado Springs, CO
$43,407,177
Lakeview Village Inc
Lenexa, KS
$49,070,478
La Posada At Park Centre Inc
Green Valley, AZ
$47,958,568
Frasier Meadows Manor Inc
Boulder, CO
$40,732,560
Beatitudes Campus Of Care
Phoenix, AZ
$33,436,636
People Of Faith Inc
Sun City, AZ
$33,088,460
Bslc Ii
Colorado Springs, CO
$30,600,534
Larksfield Place Retirement Communities Inc
Wichita, KS
$27,697,106
Immanuel Caring Ministries Inc
Peoria, AZ
$28,756,705

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