CHRISTIAN CARE COTTONWOOD V INC

EIN: 860943071 501(c)(3)

PHOENIX, AZ

Total Revenue
$86,345
Total Expenses
$99,330
Total Assets
$512,327
Net Assets
$474,820
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Financial Trends

Organization Details

Formation Year
1999
Legal Domicile
AZ
Principal Officer
ALAN HIEB
Phone
6023851592
Tax Period
2021-01-01 to 2021-12-31

CHRISTIAN CARE COTTONWOOD V INC, founded in 1999, is a micro nonprofit that reported $86K in total revenue in fiscal year 2021. Expenses of $99K exceeded revenue, resulting in a 15% operating deficit.

Mission

THROUGH CHRISTIAN LOVE AND EXCELLENCE, WE ARE DEDICATED TO PROVIDING A FULFILLING LIFESTYLE AND PROMOTING INDEPENDENCE TO THOSE WE SERVE.

Program Service Accomplishments

Program 1
Expenses: $75,601 Revenue: $86,336

CHRISTIAN CARE COTTONWOOD V INC.'S EXEMPT PURPOSE IS TO OFFER GOVERNMENT SUBSIDIZED HOUSING TO SENIORS AGED 62 YEARS AND OLDER. WITH AN AVERAGE AGE OF 76 YEARS OLD, OUR INDEPENDENT LIVING COMMUNITY...

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CHRISTIAN CARE COTTONWOOD V INC.'S EXEMPT PURPOSE IS TO OFFER GOVERNMENT SUBSIDIZED HOUSING TO SENIORS AGED 62 YEARS AND OLDER. WITH AN AVERAGE AGE OF 76 YEARS OLD, OUR INDEPENDENT LIVING COMMUNITY RESIDENTS REMAIN ACTIVE SOCIALLY AND PHYSICALLY. RESIDENTS TYPICALLY PAY 30% OF THEIR INCOME FOR RENT AND UTILITIES. RESIDENTS RECEIVE AN EMERGENCY CALL SYSTEM IN ADDITION TO THEIR APARTMENT; A SERVICE COORDINATOR IS AVAILABLE TO HELP THEM PROCURE COMMUNITY SERVICES SUCH AS MEALS ON WHEELS, TRANSPORTATION SERVICES, AND MAKE MEDICAL APPOINTMENTS. WE OFFER EDUCATION TO SENIORS, FAMILIES AND FRIENDS REGARDING THE AGING PROCESS. CHRISTIAN CARE IS AN ACTIVE PARTICIPANT IN QUALITY INITIATIVES THAT PROMOTE HEALTHY, AFFORDABLE, AND ETHICAL AGING SERVICES IN ASSOCIATION WITH LEADING AGE AND (CONTINUED ON SCHEDULE O) 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 24 RELATED TAX EXEMPT CHRISTIAN CARE COMPANIES (THE NAMES OF THE OTHER 23 ARE LISTED ON SCHEDULE R) WHO PROVIDE HOUSING, HOSPITALITY AND HEALTHCARE SERVICES FOR VERY-LOW-TO-MIDDLE INCOME ARIZONA SENIORS. THE CHRISTIAN CARE COMPANIES WERE FOUNDED BY THE NONDENOMINATIONAL CHRISTIAN CHURCHES OF ARIZONA AND ARE GOVERNED BY CORPORATE BOARDS OF DIRECTORS. AT DECEMBER 31, 2021, 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 68-BED HEALTH CENTER. IN ADDITION, WE PROVIDE ASSISTED LIVING SERVICES TO UP TO 106 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.

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Trantor Score

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

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Financial Overview (2021)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $86,336
Investment Income $9
Other Revenue $0
TOTAL REVENUE $86,345

Expense Breakdown

Grants Paid $0
Salaries & Benefits $23,650
Fundraising Expenses $0
Program Expenses $75,601
Other Expenses $75,680
TOTAL EXPENSES $99,330

Year-over-Year Comparison

2021 2020 Change
Revenue $86,345 $84,165 +0.0%
Expenses $99,330 $94,229 +0.1%
Net Income $-12,985 $-10,064 +0.3%
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
11
Independent Members
11
Employees
N/A
Volunteers
16

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
$1,012,076
Total Directors
12
$0
Key Employees
1
$213,293
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALAN HIEB PRESIDENT/CEO 1.00
Officer
$0 $44,562 $501,825
EDWARD JOHNSON CHF HUMAN RESOURCE OFFICER 1.00
Officer
$0 $47,022 $277,172
KATHLEEN CONDON CFO 1.00
Officer
$0 $35,355 $233,079
KRISTIE LARSEN EXECUTIVE DIRECTOR 1.00
Key Emp
$0 $28,265 $213,293
ROGER BLUMENTHAL VICE CHAIRMAN 0.10
Officer Director
$0 $0 $0
ED FRENCH CHAIRMAN 0.10
Officer Director
$0 $0 $0
THOMAS HARTZLER TREASURER 0.10
Officer Director
$0 $0 $0
BARBARA CARR SECRETARY 0.10
Officer Director
$0 $0 $0
LARRY DAILY DIRECTOR 0.10
Director
$0 $0 $0
CHRISTINE GUERIN DIRECTOR 0.10
Director
$0 $0 $0
JAY MIHALEK DIRECTOR 0.10
Director
$0 $0 $0
MARILYN METZGER DIRECTOR 0.10
Director
$0 $0 $0
JOHN NORRIS DIRECTOR 0.10
Director
$0 $0 $0
DENNIS RUTHERFORD DIRECTOR 0.10
Director
$0 $0 $0
FRANK SUNG DIRECTOR 0.10
Director
$0 $0 $0
DONALD DEWITT DIRECTOR (THRU 05/2021) 0.10
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
2021 $86,345 $99,330 $512,327 $-12,985
2020 $84,165 $94,229 $529,592 $-10,064
2019 $85,313 $86,427 $539,018 $-1,114
2018 $85,552 $91,505 $546,725 $-5,953
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