RAYMORE SENIOR CARE LLC

EIN: 863022330 501(c)(3) Housing & Shelter

BROOKHAVEN, GA

Total Revenue
$24,318,205
Total Expenses
$25,602,552
Total Assets
$8,784,836
Net Assets
$-30,115,766
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
2021
Legal Domicile
DE
Principal Officer
MAURICE M ROSENBAUM
Phone
4042761337
Tax Period
2023-01-01 to 2023-12-31

RAYMORE SENIOR CARE LLC, founded in 2021, is a mid-sized nonprofit in the Housing & Shelter sector that reported $24.3M in total revenue in fiscal year 2023.

Mission

OPERATING FOXWOOD SPRINGS SENIOR LIVING COMMUNITY LOCATED AT 1500 W. FOXWOOD DRIVE, RAYMORE, MISSOURI 64083 IN THE KANSAS CITY, MISSOURI METROPOLITAN AREA (THE COMMUNITY) WHICH PROVIDES PERSONS 55 AND OLDER WITH A CONTINUUM OF CARE INCLUDING INDEPENDENT LIVING, ASSISTED LIVING, MEMORY CARE, AND SKILLED NURSING CARE. THE COMMUNITY HAS 127 APARTMENTS, 77 EQUITY HOMES, AND 169 GARDEN HOMES, ALL OF WHICH ARE DESIGNED SPECIFICALLY FOR OLDER ADULTS, A SKILLED NURSING FACILITY WITH 108 LICENSED SKILLED BEDS (58 FOR LONG-TERM CARE, 30 FOR ALZHEIMER'S AND 20 DEDICATED TO SHORT-TERM REHAB STAYS), AND A 42 BED ASSISTED LIVING FACILITY.

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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 $1,721,691
Program Service Revenue $22,595,808
Investment Income $706
Other Revenue $0
TOTAL REVENUE $24,318,205

Expense Breakdown

Grants Paid $0
Salaries & Benefits $12,604,655
Fundraising Expenses $0
Program Expenses $22,050,864
Other Expenses $12,997,897
TOTAL EXPENSES $25,602,552

Year-over-Year Comparison

2023 2022 Change
Revenue $24,318,205 $22,580,377 +0.1%
Expenses $25,602,552 $24,949,566 +0.0%
Net Income $-1,284,347 $-2,369,189 -0.5%
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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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

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Governance

Voting Members
4
Independent Members
1
Employees
442
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
3
$188,961
Total Directors
4
$58,000
Key Employees
0
$0
Highest Compensated
2
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
MAURICE ROSENBAUM CHAIRMAN 1.00
Officer Director
$0 $0 $30,500
AMELIA WALLER BAKER JD SECRETARY 1.00
Officer Director
$0 $0 $12,500
FRANK CORRIGAN DIRECTOR 1.00
Director
$0 $0 $12,000
SIMRAN SINGH DIRECTOR 1.00
Director
$0 $0 $3,000
CHAD HUEBNER EXECUTIVE DIRECTOR 40.00
Officer
$139,166 $6,795 $145,961
CATHERINE RAE SMITH NURSE MANAGER 40.00
Highest
$101,836 $3,129 $104,965
GINNY COLEMAN MDS COORDINATOR 40.00
Highest
$101,453 $1,938 $103,391
THOMAS WILLIAM BAKER FORMER CHAIRMAN (END 10/23) 1.00
$0 $0 $78,000
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 $24,318,205 $25,602,552 $8,784,836 $-1,284,347
2022 $22,580,377 $24,949,566 $8,676,315 $-2,369,189
2021 $11,833,258 $15,431,034 $5,427,721 $-3,597,776
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