CEDAR LAKE LODGE INC

EIN: 610713587 501(c)(3) Mental Health

LOUISVILLE, KY

Total Revenue
$30,689,055
Total Expenses
$29,434,187
Total Assets
$21,050,509
Net Assets
$17,699,616
🔒

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

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
1970
Legal Domicile
KY
Principal Officer
RICK DAVIS
Phone
5024954946
Tax Period
2024-01-01 to 2024-12-31

CEDAR LAKE LODGE INC, founded in 1970, is a mid-sized nonprofit in the Mental Health sector that reported $30.7M in total revenue in fiscal year 2024. Expenses of $29.4M left a modest 4% surplus.

Mission

CEDAR LAKE LODGE, INC. PROVIDES RESIDENTIAL TREATMENT FACILITIES AND SUPPORT. (SEE SCHEDULE O) THE FACILITIES OPERATED IN KENTUCKY ARE LICENSED AS "INTERMEDIATE CARE FACILITY FOR INDIVIDUALS WITH INTELLECTUAL DISABILITIES (ICF/IDD), AND CONSISTS OF 87 LICENSED INPATIENT BEDS. CEDAR LAKE LODGE ALSO PROVIDES RESPITE CARE AND HOLDS STATE LICENSURE TO PROVIDE OUTPATIENT REHABILITATION SUPPORT. CEDAR LAKE LODGE IS THE SOLE MEMBER (OWNER) OF CEDAR LAKE WORKFORCE, LLC. CEDAR LAKE WORKFORCE, LLC SERVES AS THE SINGLE EMPLOYER OF CEDAR LAKE LODGE, INC., CEDAR LAKE RESIDENCES, INC. AND CEDAR LAKE FOUNDATION, INC.

🔒

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%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $21,434
Program Service Revenue $30,079,916
Investment Income $331,037
Other Revenue $256,668
TOTAL REVENUE $30,689,055

Expense Breakdown

Grants Paid $0
Salaries & Benefits $22,408,281
Fundraising Expenses $0
Program Expenses $25,635,891
Other Expenses $7,025,906
TOTAL EXPENSES $29,434,187

Year-over-Year Comparison

2024 2023 Change
Revenue $30,689,055 $28,875,568 +0.1%
Expenses $29,434,187 $28,729,763 +0.0%
Net Income $1,254,868 $145,805 +7.6%
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

Sign In

Governance

Voting Members
8
Independent Members
8
Employees
675
Volunteers
24

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
$557,285
Total Directors
8
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NICK GARBER VICE CHAIR 1.00
Officer Director
$0 $0 $0
BRUCE BEICKMAN CHAIR 1.00
Officer Director
$0 $0 $0
WENDY GONZALES DIRECTOR 1.00
Director
$0 $0 $0
PATRICIA ELLISON TREASURER 1.00
Officer Director
$0 $0 $0
DEBORAH CAMPBELL DIRECTOR 1.00
Director
$0 $0 $0
CAIT WHATLEY SECRETARY 1.00
Officer Director
$0 $0 $0
THERESA STIEBLING DIRECTOR 1.00
Director
$0 $0 $0
ADAM WALDNER DIRECTOR 1.00
Director
$0 $0 $0
JASON SQUIRES CHIEF OPERATING OFFICER 13.00
Officer
$65,493 $930 $66,423
RICK DAVIS PRESIDENT AND CEO 13.00
Officer
$287,038 $11,133 $298,171
MARGE WAUGH VP OF FINANCE 13.00
Officer
$172,739 $19,952 $192,691
BRIAN MONSMA PSYCHOLOGIST 40.00
Highest
$121,346 $21,489 $142,835
MICHELLE HUTTON NURSE RN 36.00
Highest
$121,213 $13,073 $134,286
SCOTT MCKENZIE DIRECTOR OF BEHAVIOR SERVICE 40.00
Highest
$120,074 $18,068 $138,142
DONALD MINIARD ADMINISTRATOR 40.00
Highest
$124,006 $18,102 $142,108
LESLIE LOTT NURSE LPN 36.00
Highest
$114,670 $20,451 $135,121
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 No data No data No data No data
2024 $30,689,055 $29,434,187 $21,050,509 $1,254,868
2023 $28,875,568 $28,729,763 $19,921,316 $145,805
2022 $26,993,948 $28,302,790 $19,748,233 $-1,308,842
2021 $29,271,198 $25,619,455 $20,570,486 $3,651,743
2020 $25,795,572 $24,940,081 $21,896,702 $855,491
2019 $23,951,546 $24,249,134 $15,708,131 $-297,588
2018 $23,718,753 $22,967,282 $15,916,008 $751,471
Explore More Nonprofits
Top 100 Nonprofits in Kentucky Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare CEDAR LAKE LODGE INC with other nonprofits in Kentucky and across the country.