Legacy Center Inc
- Assets
- $1.2m
- Revenue
- $1.1m
- Investments
- $0.0
- Employees
- 45
- Location
- Canon City, CO
- Founding
- 10/1995
- Data as of
- 07/2022
- EIN
- 84-1313207
Organization Overview
Legacy Center Inc is located in Canon City, CO. The organization was established in 1995. According to its NTEE Classification (E80) the organization is classified as: Health (General & Financing), under the broad grouping of Health Care and related organizations. As of 07/2022, Legacy Center Inc employed 45 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Legacy Center 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 07/2022, Legacy Center Inc generated $1.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 2.0% each year. All expenses for the organization totaled $1.3m during the year ending 07/2022. While expenses have increased by 3.0% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
THE ORGANIZATION'S MISSION IS TO OPERATE AN ASSISTED LIVING FACILITY THAT ADMITSINDIVIDUALS WITHOUT REGARD TO ABILITY TO PAY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION'S ACHIEVEMENT WAS TO PROVIDE ASSISTED LIVING FACILITIES AND SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lawrence Cowan President | OfficerTrustee | 2 | $0 |
Edonisa Vickrey Vice President | OfficerTrustee | 2 | $0 |
Margaret Gilland Director | Trustee | 2 | $0 |
Kathy Jones Director | Trustee | 2 | $0 |
John Marcantino Director | Trustee | 2 | $0 |
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 | $66,406 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $66,406 |
| Total Program Service Revenue | $1,075,274 |
| Investment income | $25 |
| 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 | $1,141,705 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $681,680 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $24,140 |
| Payroll taxes | $55,944 |
| Fees for services: Management | $5,400 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $35,328 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $13,188 |
| Office expenses | $19,447 |
| 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 | $18,155 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $60,560 |
| Insurance | $71,607 |
| All other expenses | $44,196 |
| Total functional expenses | $1,303,527 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $34,831 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $858 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $10,564 |
| Net Land, buildings, and equipment | $1,174,900 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1 |
| Total assets | $1,221,154 |
| Accounts payable and accrued expenses | $31,083 |
| 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 | $732,365 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $763,448 |
| Net assets without donor restrictions | $457,706 |
| 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 | $1,221,154 |
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|---|---|---|
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Colorado Sheet Metal Workers Local 9 Family Health Plan Denver, CO | $14,072,511 | $16,655,685 |
Sapp Brothers Petroleum Inc Employee Group Health Plan Omaha, NE | $3,121,227 | $10,056,821 |
Community Health Partnership Colorado Springs, CO | $16,790,525 | $2,697,023 |
Life And Health Insurance Protection Association Oklahoma City, OK | $13,788,663 | $175,480 |
People To People Aid Corp Cheyenne, WY | $18,095 | $2,053,335 |
Healthier Colorado Denver, CO | $12,455,635 | $1,141,568 |
Legacy Center Inc Canon City, CO | $1,221,154 | $1,141,705 |
Corbett Medical Foundation Saratoga, WY | $997,446 | $1,099,667 |
Southeast Kansas Respite Service Inc Parsons, KS | $1,120,645 | $798,659 |
Peak Health Alliance Dillon, CO | $510,058 | $1,138,376 |
Kansas Life And Health Insurance Guaranty Association Topeka, KS | $6,625,172 | $4,751,218 |