PHOENIX, AZ
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)CHRISTIAN CARE RETIREMENT APARTMENTS INC, founded in 1986, is a community nonprofit that reported $8.9M in total revenue in fiscal year 2024.
THROUGH CHRISTIAN LOVE AND EXCELLENCE, WE ARE DEDICATED TO PROVIDING A FULFILLING LIFESTYLE AND PROMOTING INDEPENDENCE TO THOSE WE SERVE
CHRISTIAN CARE RETIREMENT APARTMENTS, INC. D.B.A. 'FELLOWSHIP SQUARE AND 'FELLOWSHIP SQUARE PHOENIX' IS LOCATED IN PHOENIX, AZ. FELLOWSHIP SQUARE PHOENIX IS A 265-UNIT INDEPENDENT SENIOR LIVING...
CHRISTIAN CARE RETIREMENT APARTMENTS, INC. D.B.A. 'FELLOWSHIP SQUARE AND 'FELLOWSHIP SQUARE PHOENIX' IS LOCATED IN PHOENIX, AZ. FELLOWSHIP SQUARE PHOENIX IS A 265-UNIT INDEPENDENT SENIOR LIVING COMMUNITY. THE COMMUNITY INCLUDES A 'VILLAGE CENTER' COMMON AREA FOR ACTIVITIES, RESTAURANT-STYLE DINING ROOM, GARDEN CAFE WITH FREE WI-FI, LIBRARY, EXERCISE ROOM, BEAUTY SALON, SWIMMING POOL & HEATED SPA. SERVICES INCLUDE SENIOR FITNESS PROGRAM, CABLE TELEVISION, 25 MEALS PER MONTH, SEMI-MONTHLY HOUSEKEEPING, SCHEDULED TRANSPORTATION TO DOCTORS, GROCERY STORES & BANKS, RECREATIONAL ACTIVITIES, CHAPLAIN SERVICES, COMPUTER WORKSTATIONS WITH INTERNET ACCESS & 24-HOUR SECURITY WITH AN EMERGENCY CALL SYSTEM. CHRISTIAN CARE IS AN ACTIVE PARTICIPANT IN QUALITY FIRST, A COVENANT FOR HEALTHY, AFFORDABLE, AND ETHICAL (CONT'D ON SCH. O) AGING SERVICES IN ASSOCIATION WITH LEADING AGE AND THE HEALTH SERVICES ADVISORY GROUP (HSAG). FOUNDED IN 1979, THE CHRISTIAN CARE COMPANIES BEGAN WITH 96 UNITS OF SUBSIDIZED HOUSING AND A 60-BED NURSING CENTER ON THE PHOENIX CAMPUS. THE NURSING CENTER CORNERSTONE QUOTES PSALM 71:9, CAST ME NOT OFF IN THE TIME OF OLD AGE; FORSAKE ME NOT WHEN MY STRENGTH FAILETH.THE ORGANIZATION IS ONE OF 17 RELATED TAX-EXEMPT CHRISTIAN CARE COMPANIES (THE NAMES OF THE OTHER 16 ARE LISTED ON SCHEDULE R) WHO PROVIDE HOUSING, HOSPITALITY, AND HEALTHCARE SERVICES FOR VERY-LOW-TO-MIDDLE INCOME ARIZONA SENIORS. 16 OF THE CHRISTIAN CARE COMPANIES WERE FOUNDED BY THE NONDENOMINATIONAL CHRISTIAN CHURCHES OF ARIZONA AND ARE GOVERNED BY CORPORATE BOARDS OF DIRECTORS. CHRISTIAN CARE MANAGEMENT HAS CONTROLLING INTEREST IN THE 17TH RELATED TAX EXEMPT ENTITY, HOME HEALTH CARE, INC. DBA COVENANT HOME HEALTH, WHICH PROVIDES HOME HEALTH SERVICES TO SENIORS AND OTHERS WHO NEED SKILLED MEDICAL CARE WITHIN THE COMFORT AND PRIVACY OF THEIR OWN HOMES.AT DECEMBER 31, 2024, THE CHRISTIAN CARE COMPANIES OWN AND OPERATE 1,990 UNITS OF MIDDLE-INCOME, MARKET-RATE INDEPENDENT, ASSISTED, AND MEMORY CARE UNITS FOR SENIORS ON SIX CAMPUSES, 338 UNITS OF SUBSIDIZED HOUSING, AND A 20-BED REHABILITATION CENTER. IN ADDITION, WE PROVIDE ASSISTED LIVING SERVICES TO UP TO 107 RESIDENTS OF OUR SUBSIDIZED HOUSING.BENEFITS OF BEING PART OF A CHRISTIAN CARE COMMUNITY TYPICALLY INCLUDE SHARED HOUSEKEEPING; MAINTENANCE AND SECURITY SERVICES, INCLUDING CALL BUTTON MONITORING; ACCESS TO PRIVATE SCHEDULED TRANSPORTATION; AND COMPUTER LABS WITH HIGH-SPEED INTERNET. RESIDENTS TYPICALLY HAVE ENTREE TO ON-CAMPUS FOOD SERVICE VENUES, ENTERTAINING ACTIVITY PROGRAMS, HEALTH & WELLNESS OPPORTUNITIES, AND CHAPLAINCY SERVICES.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $8,888,621 | $8,395,680 | +0.1% |
| Expenses | $9,058,897 | $8,293,420 | +0.1% |
| Net Income | $-170,276 | $102,260 | -2.7% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ALAN HIEB | PRESIDENT/CEO | 2.00 |
Officer
Director
|
$0 | $78,149 | $615,586 |
| ROGER BLUMENTHAL | CHAIRMAN | 0.10 |
Officer
Director
|
$0 | $0 | $0 |
| ED FRENCH | VICE CHAIRMAN (THRU 6/24) | 0.10 |
Officer
Director
|
$0 | $0 | $0 |
| DENNIS RUTHERFORD | TREASURER | 0.10 |
Officer
Director
|
$0 | $0 | $0 |
| JOHN NORRIS | SECRETARY | 0.10 |
Officer
Director
|
$0 | $0 | $0 |
| RHONDA ANDERSON | DIRECTOR/VICE CHAIRMAN (FROM 6/24) | 0.10 |
Officer
Director
|
$0 | $0 | $0 |
| ANN MCNAMARA | DIRECTOR (FROM 10/24) | 0.10 |
Director
|
$0 | $0 | $0 |
| JAY MIHALEK | DIRECTOR (THRU 6/24) | 0.10 |
Director
|
$0 | $0 | $0 |
| FRANK SUNG | DIRECTOR (THRU 6/24) | 0.10 |
Director
|
$0 | $0 | $0 |
| TOM GREER | DIRECTOR | 0.10 |
Director
|
$0 | $0 | $0 |
| BILL DODSON | DIRECTOR | 0.10 |
Director
|
$0 | $0 | $0 |
| ROB FAULK | DIRECTOR | 0.10 |
Director
|
$0 | $0 | $0 |
| KATHLEEN CONDON | CFO | 3.00 |
Officer
|
$0 | $49,844 | $270,818 |
| EDWARD JOHNSON | CHF HUMAN RESOURCE OFFICER/CCO | 2.00 |
Officer
|
$0 | $62,277 | $311,410 |
| KRISTIE LARSEN | VP OF OPERATIONS (THRU 10/24) | 10.00 |
Key Emp
|
$0 | $25,922 | $255,588 |
| JAMI VAN GYSEL | VP OF OPERATIONS (10/24-11/24) | 4.00 |
Key Emp
|
$0 | $56,929 | $269,234 |
| SUSAN O'CONNELL | DIRECTOR OF OPERATIONS | 40.00 |
Highest
|
$0 | $15,593 | $121,236 |
| AMY BORDERS | DIRECTOR OF RESIDENT EXPERIENCE | 40.00 |
Highest
|
$0 | $31,757 | $139,232 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $8,888,621 | $9,058,897 | $33,388,761 | $-170,276 |
| 2023 | $8,395,680 | $8,293,420 | $38,626,685 | $102,260 |
| 2022 | $7,439,152 | $7,891,590 | $37,962,602 | $-452,438 |
| 2021 | $8,327,113 | $7,000,459 | $27,512,287 | $1,326,654 |
| 2020 | $8,354,251 | $7,586,212 | $26,346,508 | $768,039 |
| 2019 | $8,317,530 | $7,473,465 | $25,837,456 | $844,065 |
| 2018 | $7,998,958 | $6,792,147 | $25,153,344 | $1,206,811 |
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