PRESBYTERIAN VILLAGE OF HOMER

EIN: 720629545 501(c)(3) Health Care

HOMER, LA

Total Revenue
$5,946,554
Total Expenses
$5,005,189
Total Assets
$2,066,745
Net Assets
$1,928,785
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1962
Legal Domicile
LA
Principal Officer
JAMES MARSALIS
Phone
3189276133
Tax Period
2024-05-01 to 2025-04-30

PRESBYTERIAN VILLAGE OF HOMER, founded in 1962, is a community nonprofit in the Health Care sector that reported $5.9M in total revenue in fiscal year 2024. Revenue grew 9% year-over-year, indicating healthy expansion. The organization ran a surplus of $941K, a strong 16% operating margin.

Mission

PRESBYTERIAN VILLAGE OF HOMER, INC. WAS ORGANIZED TO PROMOTE A HOME FOR THE AGED AND AGED INFIRM, PARTICULARLY FOR THOSE IN NEED OF NURSING CARE AND TO CO-OPERATE AND ASSIST THE AGED AND AGED INFIRM TO ATTAIN THE MAXIMUM PHYSICAL RESTORATION AND SOCIAL ADJUSTMENT.

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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 (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $5,714,008
Investment Income $66,760
Other Revenue $165,786
TOTAL REVENUE $5,946,554

Expense Breakdown

Grants Paid $0
Salaries & Benefits $2,452,165
Fundraising Expenses $0
Program Expenses $4,492,657
Other Expenses $2,553,024
TOTAL EXPENSES $5,005,189

Year-over-Year Comparison

2024 2023 Change
Revenue $5,946,554 $5,469,759 +0.1%
Expenses $5,005,189 $5,177,979 0.0%
Net Income $941,365 $291,780 +2.2%
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

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Liquidity & Cash Position

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Governance

Voting Members
12
Independent Members
12
Employees
117
Volunteers
N/A

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
$0
Total Directors
12
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
CAMILLE ABSHIRE PRESIDENT 1.00
Officer Director
$0 $0 $0
RUSH WARE BLDG & GROUNDS COMMITTEE 1.00
Director
$0 $0 $0
MELINDA DOWIES SECOND VICE-PRESIDENT 1.00
Officer Director
$0 $0 $0
SHERRY WHITMAN SECRETARY/TREASURER 1.00
Officer Director
$0 $0 $0
FRED WIDEMAN FIRST VICE PRESIDENT 1.00
Officer Director
$0 $0 $0
BECKY BAYS BLDG & GROUNDS COMMITTEE 1.00
Director
$0 $0 $0
PATTI BOURN BLDG & GROUNDS COMMITTEE 1.00
Director
$0 $0 $0
BEN ABSHIRE BLDG & GROUNDS COMMITTEE C 1.00
Director
$0 $0 $0
PRENTISS WASHINGTON PERSONNEL COMMITTEE 1.00
Director
$0 $0 $0
DELORIS PATE PERSONNEL COMMITTEE 1.00
Director
$0 $0 $0
MELODY CECCARELLI PERSONNEL COMMITTEE - CHAI 1.00
Director
$0 $0 $0
PHRANALIA MASON PERSONNEL COMMITTEE 1.00
Director
$0 $0 $0
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 $5,946,554 $5,005,189 $2,066,745 $941,365
2024 $5,469,759 $5,177,979 $1,612,323 $291,780
2023 $5,068,641 $4,925,505 $1,428,954 $143,136
2022 $4,167,488 $4,128,389 $1,224,503 $39,099
2021 $3,889,673 $4,241,533 $1,082,801 $-351,860
2020 $3,723,946 $4,106,793 $920,722 $-382,847
2019 $3,644,924 $3,619,164 $1,134,068 $25,760
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