BAPTIST HOMES ASSOCIATION OF THE ROCKY MOUNTAINS

EIN: 840528764 501(c)(3) Health Care

EDEN PRAIRIE, MN

Total Revenue
$3,812
Total Expenses
$1,767
Total Assets
$3,853,612
Net Assets
$3,853,604
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1949
Legal Domicile
CO
Principal Officer
LARS JOHNSON
Phone
9522531459
Tax Period
2023-09-01 to 2024-08-31

BAPTIST HOMES ASSOCIATION OF THE ROCKY MOUNTAINS, founded in 1949, is a micro nonprofit in the Health Care sector that reported $4K in total revenue in fiscal year 2023. Revenue fell 94% from the prior year — a significant decline worth monitoring. The organization ran a surplus of $2K, a strong 54% operating margin.

Mission

TO MANAGE OUR AFFILIATES AS THEY PROVIDE NURSING HOME CARE & HOUSING TO THE ELDERLY & DISABLED.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $0
Investment Income $3,812
Other Revenue $0
TOTAL REVENUE $3,812

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,485
Fundraising Expenses $0
Program Expenses $1,767
Other Expenses $282
TOTAL EXPENSES $1,767

Year-over-Year Comparison

2023 2022 Change
Revenue $3,812 $61,500 -0.9%
Expenses $1,767 $451 +2.9%
Net Income $2,045 $61,049 -1.0%
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

Financial Distress Indicator

Liquidity & Cash Position

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Governance

Voting Members
14
Independent Members
13
Employees
448
Volunteers
43

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
$721,100
Total Directors
16
$293,556
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ANNETTE GREELY PRESIDENT & CEO 1.00
Officer Director
$0 $38,445 $293,556
LARS JOHNSON CFO & TREASURER 1.00
Officer
$0 $29,882 $232,874
ANDREA BLATNIK SECRETARY & VP OF HUMAN RE 1.00
Officer
$0 $33,868 $194,670
DEBBIE SETLOCK BOARD CHAIR 1.00
Officer Director
$0 $0 $0
RYAN ALLEN TRUSTEE (THRU DEC 2023) 1.00
Director
$0 $0 $0
JANIS BERRY TRUSTEE 1.00
Director
$0 $0 $0
MARSHA DENNISTON TRUSTEE 1.00
Director
$0 $0 $0
JUDY FONS TRUSTEE (THRU MAR 2024) 1.00
Director
$0 $0 $0
ASHLEY FORD TRUSTEE 1.00
Director
$0 $0 $0
JIM JOHNSON TRUSTEE 1.00
Director
$0 $0 $0
GEORGE KILLIAN TRUSTEE 1.00
Director
$0 $0 $0
GREG MAMULA TRUSTEE 1.00
Director
$0 $0 $0
RUTH NEIMAN TRUSTEE 1.00
Director
$0 $0 $0
TIM O'BRIEN TRUSTEE 1.00
Director
$0 $0 $0
DAVE RUSSELL TRUSTEE 1.00
Director
$0 $0 $0
BRUCE VAN DER BEEK TRUSTEE 1.00
Director
$0 $0 $0
BRUCE WHITAKER TRUSTEE 1.00
Director
$0 $0 $0
TOM WILES TRUSTEE 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
2024 $3,812 $1,767 $3,853,612 $2,045
2023 $61,500 $451 $3,849,040 $61,049
2022 $3,198,859 $51,656 $3,668,923 $3,147,203
2021 $361,449 $294,676 $3,848,189 $66,773
2020 $342,985 $270,010 $637,332 $72,975
2019 $342,676 $271,925 $555,179 $70,751
2018 $332,797 $261,166 $474,187 $71,631
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