CANTON CHRISTIAN HOME INC

EIN: 341039414 501(c)(3) Health Care

CANTON, OH

Total Revenue
$9,892,786
Total Expenses
$12,730,386
Total Assets
$16,282,673
Net Assets
$3,827,287
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1969
Legal Domicile
OH
Principal Officer
JANINE STACKHOUSE
Phone
3304560004
Tax Period
2023-01-01 to 2023-12-31

CANTON CHRISTIAN HOME INC, founded in 1969, is a community nonprofit in the Health Care sector that reported $9.9M in total revenue in fiscal year 2023. Revenue grew 15% year-over-year, indicating healthy expansion. Expenses of $12.7M exceeded revenue, resulting in a 29% operating deficit.

Mission

TO OFFER INDEPENDENT ASSISTED LIVING AND NURSING CARE AS A NON-PROFIT CHRISTIAN RETIREMENT COMMUNITY.

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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 (2023)

Revenue Breakdown

Contributions & Grants $583,855
Program Service Revenue $9,187,051
Investment Income $61,099
Other Revenue $60,781
TOTAL REVENUE $9,892,786

Expense Breakdown

Grants Paid $0
Salaries & Benefits $6,842,336
Fundraising Expenses $0
Program Expenses $9,305,675
Other Expenses $5,888,050
TOTAL EXPENSES $12,730,386

Year-over-Year Comparison

2023 2022 Change
Revenue $9,892,786 $8,631,647 +0.1%
Expenses $12,730,386 $12,882,843 0.0%
Net Income $-2,837,600 $-4,251,196 -0.3%
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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Governance

Voting Members
9
Independent Members
9
Employees
271
Volunteers
80

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
7
$129,145
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
BUNNY PERREN TRUSTEE 0.50
Director
$0 $0 $0
PHIL ROSENIK TRUSTEE 0.50
Director
$0 $0 $0
DON GERGLEY TRUSTEE/ VICE PRESIDENT 0.50
Officer Director
$0 $0 $0
ROBERT NICKOSON PRESIDENT/ TRUSTEE 1.00
Officer Director
$0 $0 $0
MELISSA PATTERSON TRUSTEE 0.50
Director
$0 $0 $0
RAY BEAL TRUSTEE 0.50
Director
$0 $0 $0
JIM MILLER TREASURER/ TRUSTEE 0.50
Officer Director
$0 $0 $0
LARRY BURGETT TRUSTEE 0.50
Director
$0 $0 $0
GLADYS OWENS TRUSTEE/SECRETARY 1.00
Officer Director
$0 $0 $0
JANINE STACKHOUSE OCT 2023 - PRESEN EXECUTIVE DIRECTOR 39.00
Officer
$23,516 $922 $25,041
DEBRA PRITCHETT ACTING ADMIN JAN - ADMISSION 39.00
Officer
$0 $0 $0
HEATHER YODER CONTROLLER 39.00
Officer
$94,619 $7,059 $104,104
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
2024 No data No data No data No data
2023 $9,892,786 $12,730,386 $16,282,673 $-2,837,600
2022 $8,631,647 $12,882,843 $18,604,933 $-4,251,196
2021 $12,410,692 $12,916,617 $24,652,992 $-505,925
2020 $13,896,534 $13,146,956 $26,653,410 $749,578
2019 $12,952,169 $13,058,949 $25,170,445 $-106,780
2018 $12,887,951 $12,986,917 $25,349,823 $-98,966
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