EL-BEULAH RETIREMENT VILLAGE INC

EIN: 311209356 501(c)(3) Housing & Shelter

INDIANAPOLIS, IN

Total Revenue
$1,588,318
Total Expenses
$1,483,795
Total Assets
$6,820,482
Net Assets
$4,193,892
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1996
Legal Domicile
IN
Principal Officer
REV PETER BOSWORTH
Phone
3175774600
Tax Period
2025-01-01 to 2025-12-31

EL-BEULAH RETIREMENT VILLAGE INC, founded in 1996, is a community nonprofit in the Housing & Shelter sector that reported $1.6M in total revenue in fiscal year 2025. Expenses of $1.5M left a modest 7% surplus.

Mission

TO PROVIDE ELDERLY AND/OR HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES ESPECIALLY DESIGNED TO MEET THEIR PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS, AND TO PROMOTE THEIR HEALTH, SECURITY, HAPPINESS, AND USEFULNESS IN LONGER LIVING.

Program Service Accomplishments

Program 1
Expenses: $1,057,323 Revenue: $1,453,715

TO PROVIDE HOUSING TO LOW/MODERATE INCOME PERSONS UNDER FEDERAL AFFORDABLE HOUSING PROGRAMS.

Program 2
Expenses: $70,420 Revenue: $65,888

WELLNESS PROGRAM: THE ORGANIZATION OPENED A WELLNESS FACILITY TO PROMOTE THE HEALTH OF THEIR MEMBERS. THE WELLNESS/FITNESS FACILITY OFFERS A WIDE VARIETY OF FITNESS EQUIPMENT AND CLASSES SO RESIDENTS...

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WELLNESS PROGRAM: THE ORGANIZATION OPENED A WELLNESS FACILITY TO PROMOTE THE HEALTH OF THEIR MEMBERS. THE WELLNESS/FITNESS FACILITY OFFERS A WIDE VARIETY OF FITNESS EQUIPMENT AND CLASSES SO RESIDENTS CAN MAINTAIN GOOD HEALTH.

Program 3
Expenses: $329,000

TO SUPPORT LOCAL AND GLOBAL CHARITABLE ORGANIZATIONS, CHURCH MISSIONS AND YEARLY OPERATIONS OF ABUNDANT LIFE CHURCH.

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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 (2025)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,519,603
Investment Income $68,715
Other Revenue $0
TOTAL REVENUE $1,588,318

Expense Breakdown

Grants Paid $329,000
Salaries & Benefits $194,011
Fundraising Expenses $0
Program Expenses $1,456,743
Other Expenses $960,784
TOTAL EXPENSES $1,483,795

Year-over-Year Comparison

2025 2024 Change
Revenue $1,588,318 $1,604,764 0.0%
Expenses $1,483,795 $1,527,852 0.0%
Net Income $104,523 $76,912 +0.4%
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

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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
6
Volunteers
40

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
3
$71,368
Total Directors
3
$71,368
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
SPIRO IRACLIANOS TREASURER 1.00
Officer Director
$0 $0 $0
STAN HULL SECRETARY 1.00
Officer Director
$0 $0 $0
REV PETER BOSWORTH PRESIDENT 1.00
Officer Director
$0 $33,650 $71,368
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 $1,588,318 $1,483,795 $6,820,482 $104,523
2024 No data No data No data No data
2023 $1,489,466 $1,365,906 $7,181,316 $123,560
2022 $1,402,907 $1,175,040 $7,185,371 $227,867
2021 $2,134,879 $1,182,271 $7,339,959 $952,608
2020 $1,354,703 $1,196,670 $6,094,901 $158,033
2019 $1,311,085 $1,145,791 $5,983,580 $165,294
2018 $1,287,007 $1,216,081 $5,853,919 $70,926
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