Parkway Village Inc

EIN: 710574341 501(c)(3) Human Services

LITTLE ROCK, AR

Total Revenue
$13,564,411
Total Expenses
$14,080,270
Total Assets
$42,184,930
Net Assets
$23,495,432
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1982
Legal Domicile
AR
Phone
5012021626
Tax Period
2023-01-01 to 2023-12-31

PARKWAY VILLAGE INC, founded in 1982, is a community nonprofit in the Human Services sector that reported $9.1M in total revenue in fiscal year 2018. Revenue fell 32% from the prior year — a significant decline worth monitoring. Net assets of $22.2M represent 29 months of operating reserves.

Mission

TO PROVIDE A RETIREMENT COMMUNITY FOR THE ELDERLY IN WHICH MEDICAL CARE, CULTURAL AND RECREATIONAL BENEFITS ARE EXTENDED TO RESIDENTS IN ADDITION TO HOUSING AND SHELTER.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $48,810
Program Service Revenue $13,512,428
Investment Income $-2,827
Other Revenue $6,000
TOTAL REVENUE $13,564,411

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,590,221
Fundraising Expenses $0
Program Expenses $11,590,130
Other Expenses $8,490,049
TOTAL EXPENSES $14,080,270

Year-over-Year Comparison

2023 2022 Change
Revenue $13,564,411 $13,034,934 +0.0%
Expenses $14,080,270 $12,516,837 +0.1%
Net Income $-515,859 $518,097 -2.0%
Key Indicators
✗ Grants to Organizations ✗ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Governance

Voting Members
9
Independent Members
5
Employees
89
Volunteers
8

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
4
$703,837
Total Directors
9
$4,342,390
Key Employees
1
$184,118
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
N/A PRESIDENT 0.2
Officer Director
$0 $0 $0
N/A ASSISTANT TREASURER 0.2
Officer Director
$0 $33,514 $410,754
N/A SECRETARY/TREASURER 0.2
Officer Director
$0 $0 $0
N/A VICE PRESIDENT 0.2
Officer Director
$0 $30,517 $293,083
N/A BOARD MEMBER 0.2
Director
$0 $0 $0
N/A BOARD MEMBER 0.2
Director
$0 $0 $0
N/A BOARD MEMBER 0.2
Director
$0 $40,669 $1,528,931
N/A BOARD MEMBER 0.2
Director
$0 $0 $0
N/A BOARD MEMBER 0.2
Director
$0 $43,436 $2,109,622
N/A EXECUTIVE DIRECTOR 40.0
Key Emp
$167,298 $16,820 $184,118
N/A DIRECTOR RESIDENT & FAMILY SVCS 40.0
Highest
$101,582 $14,062 $115,644
N/A DIRECTOR FACILITIES 40.0
Highest
$110,922 $15,174 $126,096
N/A ADMINISTRATOR RN 40.0
Highest
$107,937 $9,634 $117,571
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 $13,564,411 $14,080,270 $42,184,930 $-515,859
2022 $13,034,934 $12,516,837 $44,503,701 $518,097
2021 $10,218,970 $9,999,419 $46,357,587 $219,551
2020 $10,605,750 $9,714,054 $42,932,369 $891,696
2019 $9,985,808 $10,340,956 $42,465,540 $-355,148
2018 $9,075,232 $9,487,347 $39,409,767 $-412,115
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