SAYRE CHRISTIAN VILLAGE APTS II INC

EIN: 208030673 501(c)(3) Housing & Shelter

LEXINGTON, KY

Total Revenue
$471,464
Total Expenses
$469,523
Total Assets
$3,208,678
Net Assets
$881,093
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
2007
Legal Domicile
KY
Principal Officer
KAREN VENIS
Phone
8592719001
Tax Period
2024-10-01 to 2025-09-30

SAYRE CHRISTIAN VILLAGE APTS II INC, founded in 2007, is a small nonprofit in the Housing & Shelter sector that reported $471K in total revenue in fiscal year 2024.

Mission

FOREST VIEW OFFERS INDEPENDENT LIVING APARTMENTS FOR OLDER ADULTS AND INDIVIDUALS WITH MOBILITY IMPAIRMENTS, FEATURING ACCESSIBLE DESIGN ELEMENTS TO MEET THEIR NEEDS. CLASSIFIED BY THE UNITED STATES DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) AS A SECTION 202 (ELDERLY) FACILITY WITH SECTION 8 ASSISTANCE, RENTS ARE SUBSIDIZED BY HUD BASED ON HOUSEHOLD INCOME. THE FACILITY CONSISTS OF 42 APARTMENTS AND IS PART OF A LARGER CAMPUS CALLED SAYRE CHRISTIAN VILLAGE, A NONPROFIT SENIOR LIVING COMMUNITY DEDICATED TO PROVIDING QUALITY HOUSING, REHABILITATION SERVICES AND LONG-TERM NURSING CARE REFLECTING CHRISTIAN COMPASSION FOR EVERYONE.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $117,684
Program Service Revenue $343,588
Investment Income $6,840
Other Revenue $3,352
TOTAL REVENUE $471,464

Expense Breakdown

Grants Paid $0
Salaries & Benefits $338
Fundraising Expenses $0
Program Expenses $375,226
Other Expenses $469,185
TOTAL EXPENSES $469,523

Year-over-Year Comparison

2024 2023 Change
Revenue $471,464 $495,528 0.0%
Expenses $469,523 $481,572 0.0%
Net Income $1,941 $13,956 -0.9%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
17
Independent Members
17
Employees
N/A
Volunteers
N/A

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
6
$456,106
Total Directors
19
$277,830
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BEN ALLEN BOARD MEMBER 2.00
Director
$0 $0 $0
BENJAMIN BUCKLEY PAST PRESIDENT 2.00
Director
$0 $0 $0
GARY COLEMAN BOARD MEMBER 2.00
Director
$0 $0 $0
DOUG FLYNN BOARD MEMBER 2.00
Director
$0 $0 $0
DEE HERNDON PRESIDENT 2.00
Officer Director
$0 $0 $0
ELISE HINCHMAN NON-VOTING BOARD MEMBER 2.00
Director
$0 $0 $168,508
TOM HURTZ BOARD MEMBER 2.00
Director
$0 $0 $0
KENNETHA KEINATH BOARD MEMBER 2.00
Director
$0 $0 $0
JERRY KELLY BOARD MEMBER 2.00
Director
$0 $0 $0
JL LYNN BOARD MEMBER 2.00
Director
$0 $0 $0
WAYNE LOGAN BOARD MEMBER 2.00
Director
$0 $0 $0
RON RING TREASURER 2.00
Officer Director
$0 $0 $0
NANCY SKIBA SECRETARY 2.00
Officer Director
$0 $0 $0
JEFF YEARY VICE PRESIDENT 2.00
Officer Director
$0 $0 $0
VICKI PHILLIPS NON-VOTING BOARD MEMBER 4.00
Director
$0 $0 $109,322
EVAN MOSSBARGER BOARD MEMBER 2.00
Director
$0 $0 $0
DAN DANFORD BOARD MEMBER 2.00
Director
$0 $0 $0
JANET FEY BOARD MEMBER 2.00
Director
$0 $0 $0
JANA THORE BOARD MEMBER 2.00
Director
$0 $0 $0
KAREN VENIS CHIEF EXECUTIVE OFFICER 2.00
Officer
$0 $0 $304,060
NEIL BEDWELL FORMER CHIEF FINANCIAL OFFICER 2.00
Officer
$0 $0 $152,046
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2025 $471,464 $469,523 $3,208,678 $1,941
2024 $495,528 $481,572 $3,310,801 $13,956
2023 $427,554 $430,669 $3,434,557 $-3,115
2022 $421,653 $398,239 $3,526,723 $23,414
2021 $414,467 $401,333 $3,614,833 $13,134
2020 $411,754 $382,600 $3,727,627 $29,154
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