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 06/2020, Frasier employed 432 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations.

For the year ending 06/2020, Frasier generated $29.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $35.1m during the year ending 06/2020. While expenses have increased by 7.7% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

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 ENAHNCE 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
$36,923,784
Interface Communications Company
Communications
$1,026,212
Superior Roofing
Roof Replacement
$988,963
Interior Design Associates Inc
Design And Furniture
$955,310
Morrison Community Living
Dining Services
$844,750
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$487,544
Investment income $810,847
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $93,203
Net Gain/Loss on Asset Sales $135,207
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $29,324,723

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Frasier Meadows Manor Inc has recieved totaling $2,000.

Awarding OrganizationAmount
The@huntly Foundation

Richmond, VA

PURPOSE: PROVIDE FUNDS

$2,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$410,381
Earnings$17,735
Net Contributions$8,194
Other Expense$8,833
Ending Balance$427,477

Peer Organizations

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