CHRISTIAN REST HOME ASSOCIATION (EIN 381237795) - Form 990 Financial Analysis & Trantor Score

🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Financial Trends

Organization Details

Formation Year

1945

Legal Domicile

Phone

6164532475

Tax Period

2024-06-01 to 2025-05-31

CHRISTIAN REST HOME ASSOCIATION, founded in 1945, is a mid-sized nonprofit in the Health Care sector that reported $18.1M in total revenue in fiscal year 2024.

Mission

PROVIDE SKILLED AND BASIC NURSING CARE, SUPPORTIVE CARE, AND RESIDENTIAL CARE TO ADULT PERSONS

🔒

Trantor Score

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

Sign in to view Trantor Score and financial metrics

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

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $1,837,120

Program Service Revenue $15,407,989

Investment Income $579,807

Other Revenue $307,287

TOTAL REVENUE $18,132,203

Expense Breakdown

Grants Paid $0

Salaries & Benefits $12,594,708

Fundraising Expenses $79,119

Program Expenses $17,526,498

Other Expenses $5,962,331

TOTAL EXPENSES $18,557,039

Year-over-Year Comparison

	2024	2023	Change
Revenue	$18,132,203	$18,195,879	0.0%
Expenses	$18,557,039	$16,570,916	+0.1%
Net Income	$-424,836	$1,624,963	-1.3%

Key Indicators

✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required

🔒

Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

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

Governance

Voting Members

Independent Members

Employees

489

Volunteers

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

$583,055

Total Directors

Key Employees

Highest Compensated

reported

Name	Title	Hours/Week	Role	Reportable Comp	Other Comp	Total
MARTIN FAASSE	TREASURER	0.4	Officer Director	$0	$0	$0
RENZ VERBEEK	VICE PRESIDENT	0.4	Officer Director	$0	$0	$0
ROBERT MYERS	PRESIDENT	0.4	Officer Director	$0	$0	$0
AILEEN RITTNER	BOARD MEMBER	0.4	Director	$0	$0	$0
CORA BUETE	SECERTARY	0.4	Director	$0	$0	$0
JAN VANSTRIEN	BOARD MEMBER	0.4	Director	$0	$0	$0
JULIE SPAANS	BOARD MEMBER	0.4	Director	$0	$0	$0
KAREN VANZWEDEN	BOARD MEMBER	0.4	Director	$0	$0	$0
KRISTIN MAST	BOARD MEMBER	0.4	Director	$0	$0	$0
LINDA MCQUADE	BOARD MEMBER	0.4	Director	$0	$0	$0
MARK BAUER	BOARD MEMBER	0.4	Director	$0	$0	$0
MICHAEL BILLINGSLEY	BOARD MEMBER	0.4	Director	$0	$0	$0
SHERRI THENN	BOARD MEMBER	0.4	Director	$0	$0	$0
VONNIE ENGELSMA	ASSISTANT SECRETARY	0.4	Director	$0	$0	$0
ESTHER HEEREMA	ADMINISTRATOR	45.0	Officer	$209,070	$11,528	$220,598
JAMES HORJUS	FINANCE OFFICE ADVISOR - PART YEAR	45.0	Officer	$163,200	$34,659	$197,859
RYAN MUSON	FINANCE DIRECTOR	45.0	Officer	$79,038	$0	$79,038
TRAVIS WELLS	ASSISTANT ADMINISTRATOR	45.0	Officer	$79,396	$6,164	$85,560
CHERYL MAYER	Registered Nurse	45.0	Highest	$109,806	$15,404	$125,210
GAYLE DYKEMA	DIRECTOR OF NURSING	45.0	Highest	$125,285	$35,454	$160,739
JASON DYKHOUSE	DIRECTOR OF NURSING	45.0	Highest	$101,380	$34,290	$135,670
NANCY ALLEN	MDS Coordinator	45.0	Highest	$119,498	$15,828	$135,326

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	$18,132,203	$18,557,039	$23,227,779	$-424,836
2024	$18,195,879	$16,570,916	$23,465,693	$1,624,963
2023	$14,351,297	$15,763,338	$22,146,927	$-1,412,041
2022	$16,412,067	$14,284,284	$23,494,835	$2,127,783
2021	$16,485,608	$14,793,983	$21,492,879	$1,691,625
2020	$15,387,110	$14,819,329	$21,398,094	$567,781
2019	$14,983,693	$14,537,781	$18,724,362	$445,912

CHRISTIAN REST HOME ASSOCIATION