Guardian Foundation Inc
- Assets
- $123.9m
- Revenue
- $121.5m
- Investments
- $0.0
- Employees
- 2,184
- Location
- Ooltewah, TN
- Founding
- 08/1990
- Data as of
- 06/2021
- EIN
- 91-1842720
Organization Overview
Guardian Foundation Inc is located in Ooltewah, TN. The organization was established in 1990. 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, Guardian Foundation Inc employed 2,184 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Guardian Foundation 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, Guardian Foundation Inc generated $121.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.1% each year. All expenses for the organization totaled $117.2m 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
THE CHARITABLE MISSION IS TO PROVIDE CARE FOR ELDERLY AND INDIVIDUALS WITH INTELLECTUAL DISABILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O FOR COMPLETE DESCRIPTION.THE SNF/ALF'S PROVIDE NURSING, REHABILITATION AND ASSISTED LIVING SERVICES BASED ON CLIENT NEEDS. THE NURSING CENTERS FOCUS ON BOTH SHORT-TERM REHABILITATION RESIDENTS AND LONG-TERM RESIDENTS WITH MULTIPLE MEDICAL, COGNITIVE AND EMOTIONAL ISSUES. THE ASSISTED LIVING CENTERS FOCUS ON LONG TERM RESIDENTS REQUIRING ACTIVITIES OF DAILY LIVING SUPPORT.CARE OF THE ELDERLY:THE CORPORATIONS ARE ORGANIZED AND OPERATE EXCLUSIVELY FOR CHARITABLE USES AND PURPOSES. THEIR LONG-TERM CHARITABLE MISSION IS TO PROVIDE CARE FOR THE ELDERLY AND DEVELOPMENTALLY DELAYED INDIVIDUALS.LIGHTHOUSE OF REVERE, INC. IS A NONPROFIT CORPORATION CREATED UNDER THE NONPROFIT CORPORATION LAWS OF THE COMMONWEALTH OF MASSACHUSETTS. THEY OWN AND OPERATE A 123-BED NURSING FACILITY LOCATED IN REVERE, MA.NAAMANS CREEK CARE, INC. IS A NONPROFIT CORPORATION CREATED UNDER THE NONPROFIT CORPORATION LAWS OF THE COMMONWEALTH OF PENNSYLVANIA. THEY OWN AND OPERATE A 90-BED NURSING FACILITY LOCATED IN GARNET VALLEY, PA.ROLLING MEADOWS, INC. IS A NONPROFIT CORPORATION CREATED UNDER THE NONPROFIT CORPORATION LAWS OF THE COMMONWEALTH OF PENNSYLVANIA. THEY OWN AND OPERATE A 121-BED NURSING FACILITY LOCATED IN WAYNESBURG, PA.SOMERSET CARE, INC. IS A NONPROFIT CORPORATION CREATED UNDER THE NONPROFIT CORPORATION LAWS OF THE COMMONWEALTH OF PENNSYLVANIA. THEY OWN AND OPERATE A 150-BED NURSING FACILITY AND AN 11-UNIT INDEPENDENT LIVING FACILITY LOCATED IN BERLIN, PA.PENNSYLVANIA LTC, INC. IS A NONPROFIT CORPORATION CREATED UNDER THE NONPROFIT CORPORATION LAWS OF THE COMMONWEALTH OF PENNSYLVANIA. THEY OWN AND OPERATE LINWOOD NURSING AND REHABILITATION CENTER, A 102-BED NURSING FACILITY LOCATED IN SCRANTON, PA., AND EDGEHILL NURSING AND REHABILITATION CENTER, A 60-BED NURSING FACILITY LOCATED IN GLENSIDE, PA.RBRC, INC. IS A NONPROFIT CORPORATION CREATED UNDER THE NONPROFIT CORPORATION LAWS OF THE STATE OF KENTUCKY. THEY OWN AND OPERATE A SENIOR HOUSING COMMUNITY CONSISTING OF A 40-BED SKILLED NURSING FACILITY, ALONG WITH 12 PERSONAL CARE BEDS, 18 ASSISTED LIVING FACILITIES, AN ADULT DAY CARE CENTER, AND A CHILD DAY CARE CENTER LOCATED IN KUTTAWA, KY.THE OVERALL AGGREGATE PATIENT MIX IN FACILITIES OPERATED BY THESE AFFILIATES IS CHARACTERIZED BY A HIGH LEVEL OF INDIGENT PATIENTS, AND THE COST OF CARING FOR THESE PATIENTS IS PRIMARILY PAID FOR THROUGH THE MEDICAID AND MEDICARE PROGRAMS.ADMINISTRATIVE SERVICES:HEALTH SYSTEMS, INC. IS A NONPROFIT CORPORATION CREATED UNDER THE NONPROFIT CORPORATION LAWS OF THE STATE OF GEORGIA. HEALTH SYSTEMS WAS ORGANIZED AND OPERATES TO CONSULT, ADVISE, AND ASSIST THE MANAGEMENT OF NONPROFIT NURSING HOMES, HOSPICE, AND RETIREMENT FACILITIES.
SEE SCHEDULE O FOR COMPLETE DESCRIPTION.THE ICF/IID FACILITIES PROVIDE A WIDE VARIETY OF SERVICES BASED ON CLIENT NEEDS, WHICH VARY ACCORDING TO AGE AND LEVEL OF INTELLECTUAL AND DEVELOPMENTAL DISABILITIES. IN ADDITION TO PROVIDING A HOME-LIKE ENVIRONMENT WITH PERSONAL AND SUPPORT SERVICES, ICF/IID SERVE AS TEACHING /TRAINING FACILITIES THAT MAKE USE OF SOPHISTICATED CLIENT ASSESSMENT TOOLS TO DETERMINE CLIENTS' MEDICAL, DIETARY, PSYCHOLOGICAL AND SOCIAL NEEDS. ASSISTANCE IS ALSO PROVIDED FOR THOSE CLIENTS REQUIRING BEHAVIOR MANAGEMENT OR IMPULSE CONTROL. A BROAD RANGE OF SERVICES ARE OFFERED IN ICF/DDS TO MEET THE COMPLEX NEEDS OF CLIENTS WHILE ENHANCING THEIR QUALITY OF LIFE. CARE OF DEVELOPMENTALLY DISABLED:CENTRAL FLORIDA COMMUNITIES, INC. IS A NONPROFIT CORPORATION CREATED UNDER THE NONPROFIT CORPORATION LAWS OF THE STATE OF FLORIDA. THEY OWN AND OPERATE THREE INTERMEDIATE CARE FACILITIES FOR THE DEVELOPMENTALLY DISABLED AND 17 GROUP HOMES LOCATED IN CENTRAL FLORIDA.FLORIDA CARE PROPERTIES, INC. IS A NONPROFIT CORPORATION CREATED UNDER THE NONPROFIT CORPORATION LAWS OF THE STATE OF FLORIDA. THEY OWN AND OPERATE FIVE DAY PROGRAM SERVICE FACILITIES FOR THE DEVELOPMENTALLY DISABLED IN FLORIDA AND MISSISSIPPI. THEY PROVIDE SERVICES TO APPROXIMATELY 600 INDIVIDUALS.NASSAU CARE CENTERS, INC. IS A NONPROFIT CORPORATION CREATED UNDER THE NONPROFIT CORPORATION LAWS OF THE STATE OF FLORIDA. THEY OWN AND OPERATE THREE INTERMEDIATE CARE HOMES FOR THE DEVELOPMENTALLY DISABLED FROM THREE SITES LOCATED IN NASSAU COUNTY, FL,AICC, INC. IS A NONPROFIT CORPORATION CREATED UNDER THE NONPROFIT CORPORATION LAWS OF THE STATE OF FLORIDA. THEY OWN PROPERTY IN NASSAU COUNTY, FL, WHERE SERVICES ARE PROVIDED TO THE DEVELOPMENTALLY DISABLED.THE SERVICES PROVIDED BY THESE AFFILIATES INCLUDE ROOM AND BOARD (EXCEPT FLORIDA CARE PROPERTIES), SUPERVISION, AND TRAINING ACTIVITIES FOR DEVELOPMENTALLY DISABLED INDIVIDUALS. MAXIMUM EFFORT IS DEVOTED TO TEACHING THESE INDIVIDUALS BASIC SKILLS SUCH AS DRESSING AND PERSONAL HYGIENE, AND, WHERE POSSIBLE, VOCATION SKILLS THAT WILL ALLOW THE INDIVIDUAL TO BECOME GAINFULLY EMPLOYED IN SOME CAPACITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marvin Garrett President | OfficerTrustee | 1 | $448,570 |
Suzanne Shannon Vice President | Officer | 40 | $205,656 |
Samuel Emmi Rn | 40 | $182,069 | |
Sabaeyassu Gebru Rn | 40 | $174,487 | |
Paula Lovasco Center Nurse Executive | 40 | $138,261 | |
Wendy Long Director Of Nursing | 40 | $132,315 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Dsi Management Llc Management Services | 6/29/21 | $2,334,847 |
Ecci Llc Sheltered Workshops | 6/29/21 | $2,276,513 |
Genesis Eldercare Network Services Management Services | 6/29/21 | $3,091,630 |
Career Staff Unlimited Staffing Services | 6/29/21 | $2,268,745 |
Guardian Foundation Corporate Admin. Services | 6/29/21 | $2,606,772 |
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 | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $0 |
| Total Program Service Revenue | $118,422,821 |
| Investment income | $1,404,095 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $83,229 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $121,502,183 |
| 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. | $462,649 |
| Compensation of current officers, directors, key employees. | $462,649 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $48,389,683 |
| Pension plan accruals and contributions | $312,432 |
| Other employee benefits | $7,301,005 |
| Payroll taxes | $4,162,050 |
| Fees for services: Management | $6,463,527 |
| Fees for services: Legal | $133,824 |
| Fees for services: Accounting | $693,671 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,092,825 |
| Advertising and promotion | $119,474 |
| Office expenses | $2,036,448 |
| Information technology | $230,549 |
| Royalties | $0 |
| Occupancy | $5,531,222 |
| Travel | $671,993 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $153,817 |
| Interest | $1,494,623 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $5,681,332 |
| Insurance | $3,076,651 |
| All other expenses | $3,215,424 |
| Total functional expenses | $117,248,492 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $20,776,652 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,887,627 |
| 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 | $0 |
| Net Land, buildings, and equipment | $42,190,085 |
| Investments—publicly traded securities | $15,187,869 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $7,892,789 |
| Other assets | $25,996,096 |
| Total assets | $123,931,118 |
| Accounts payable and accrued expenses | $16,103,335 |
| Grants payable | $0 |
| Deferred revenue | $401,586 |
| Tax-exempt bond liabilities | $42,602,416 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $9,013,090 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,862,248 |
| Total liabilities | $70,982,675 |
| Net assets without donor restrictions | $52,948,443 |
| 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 | $123,931,118 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Health Services Management Inc Murfreesboro, TN | $127,545,587 | $124,554,790 |
Guardian Foundation Inc Ooltewah, TN | $123,931,118 | $121,502,183 |
Nhnfp Healthcare Inc Atlanta, GA | $223,126,263 | $90,563,041 |
Ascension Living Bethlehem Woods Village St Louis, MO | $54,923,098 | $70,603,895 |
Citizens Memorial Health Care Foundation Bolivar, MO | $45,218,977 | $63,247,284 |
Ocoee Foundation Inc Cleveland, TN | $61,804,087 | $65,905,921 |
Ascension Michigan Cmg St Louis, MO | $10,296,135 | $49,102,663 |
Bethesda Long Term Care Inc St Louis, MO | $61,164,515 | $49,946,296 |
Ranken-Jordan Home For Convalescent Crippled Children Maryland Heights, MO | $140,456,097 | $69,165,620 |
Covenant Woods Mechanicsville, VA | $166,902,923 | $38,635,107 |
Richfield Living Salem, VA | $138,338,925 | $32,030,155 |
Ascension Living Franciscan Place St Louis, MO | $14,918,135 | $36,267,492 |