PEAK LIVING SERVICES INC

EIN: 923784777 501(c)(3) Human Services

CHARLESTON, WV

Total Revenue
$1,753,385
Total Expenses
$499,323
Total Assets
$2,052,688
Net Assets
$1,254,062
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Financial Trends

Organization Details

Formation Year
2023
Legal Domicile
WV
Principal Officer
DANIEL OWEN
Phone
8778295500
Tax Period
2023-01-01 to 2023-12-31

PEAK LIVING SERVICES INC, founded in 2023, is a community nonprofit in the Human Services sector that reported $1.8M in total revenue in fiscal year 2023. The organization ran a surplus of $1.3M, a strong 72% operating margin.

Mission

END CHRONIC AND VETERAN'S HOMELESSNESS. PROVIDE SAFE TEMPORARY SHELTER, SKILL DEVELOPMENT AND REFERRALS TO RECOVERY SERVICES TO SUPPORT INDIVIDUALS EXPERIENCING HOMELESSNESS.

Program Service Accomplishments

Program 1
Expenses: $141,756

VETERANS LIFE WAY CENTER - THE VETERANS LIFE WAY CENTER IS A TRANSITIONAL MALE-ONLY LIVING FACILITY FOR VETERANS OF THE UNITED STATES ARMED FORCES. THIS TWELVE-BED FACILITY ACTS AS A TEMPORARY...

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VETERANS LIFE WAY CENTER - THE VETERANS LIFE WAY CENTER IS A TRANSITIONAL MALE-ONLY LIVING FACILITY FOR VETERANS OF THE UNITED STATES ARMED FORCES. THIS TWELVE-BED FACILITY ACTS AS A TEMPORARY HOUSING ARRANGEMENT WHILE PROVIDING WRAP-AROUND SERVICES TO THOSE WHO BRAVELY SERVED OUR NATION THROUGHOUT THEIR LIFE. DURING 2023, 348 PEOPLE WERE SERVED AT THIS CENTER.

Program 2
Expenses: $61,537

LIBERTY CENTER - THE LIBERTY CENTER IS A 2 HOUSE - 4 BED TRANSITIONAL LIVING FACILITY THAT ASSISTS RETURNING CITIZENS FROM INCARCERATION PROVIDING RESIDENTIAL ASSISTANCE FOR THOSE WHO HAVE MADE...

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LIBERTY CENTER - THE LIBERTY CENTER IS A 2 HOUSE - 4 BED TRANSITIONAL LIVING FACILITY THAT ASSISTS RETURNING CITIZENS FROM INCARCERATION PROVIDING RESIDENTIAL ASSISTANCE FOR THOSE WHO HAVE MADE PAROLE BUT HAVE NO HOME AVAILABLE. INDIVIDUALS THAT ARE LEAVING INCARCERATION AND HAVE A HISTORY OF SUBSTANCE ABUSE ARE ELIGIBLE FOR THIS PROGRAM. DURING 2023, 27 PEEOPLE WERE SERVED AT THIS CENTER.

Program 3
Expenses: $221,760

TWIN CITIES - TWIN CITIES IS A 16 BED FACILITY SERVING INDIVIDUALS DIAGNOSED WITH MENTAL OR CHRONIC ILLNESS, CAUSING BARRIERS TO PERMANENT LIFETIME RESIDENCE. THIS IS A CO-ED FACILITY SERVING AS A...

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TWIN CITIES - TWIN CITIES IS A 16 BED FACILITY SERVING INDIVIDUALS DIAGNOSED WITH MENTAL OR CHRONIC ILLNESS, CAUSING BARRIERS TO PERMANENT LIFETIME RESIDENCE. THIS IS A CO-ED FACILITY SERVING AS A HOME FOR THOSE WHO HAVE EXPERIENCED LONG-TERM PERIOD OF HOMELESSNESS, RELATED TO MENTAL ILLNESS (INCLUDING SUD) AND ADDITIONAL ILLNESS, AND ARE NOT ABLE TO LIVE INDEPENDENTLY DUE TO THESE FACTORS. DURING 2023, 252 PEOPLE WERE SERVED AT THIS FACILITY.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $1,744,491
Program Service Revenue $0
Investment Income $1,006
Other Revenue $7,888
TOTAL REVENUE $1,753,385

Expense Breakdown

Grants Paid $0
Salaries & Benefits $320,422
Fundraising Expenses $0
Program Expenses $425,053
Other Expenses $178,901
TOTAL EXPENSES $499,323

Year-over-Year Comparison

2023 2022 Change
Revenue $1,753,385 N/A N/A
Expenses $499,323 N/A N/A
Net Income $1,254,062 N/A N/A
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
18
Independent Members
17
Employees
N/A
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
5
$337,122
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
JACK CIPOLETTI MEMBER 2.00
Director
$0 $0 $0
LISA DENNISON MEMBER 2.00
Director
$0 $0 $0
TERRELL ELLIS MEMBER 2.00
Director
$0 $0 $0
JOHN KEE MEMBER 2.00
Director
$0 $0 $0
ADAM KRANSON MEMBER 2.00
Director
$0 $0 $0
JANET LINTALA MEMBER 2.00
Director
$0 $0 $0
WENDY PATRIQUIN MEMBER 2.00
Director
$0 $0 $0
CONSTANCE WEBER MEMBER 2.00
Director
$0 $0 $0
MARK WHITLEY MEMBER 2.00
Director
$0 $0 $0
ED VALLANDINGHAM MEMBER 2.00
Director
$0 $0 $0
TREY JONES MEMBER 2.00
Director
$0 $0 $0
JILL PARSONS MEMBER 2.00
Director
$0 $0 $0
ROBIN STEMPLE MEMBER 2.00
Director
$0 $0 $0
CHAD CRUMBAKER VICE CHAIR 2.00
Officer
$0 $0 $0
DOTSY KLEI SECRETARY 2.00
Officer
$0 $0 $0
RAY MORTON TREASURER 2.00
Officer
$0 $0 $0
DANIEL OWEN PRESIDENT/CEO 1.00
Officer
$0 $30,778 $337,122
BLAIR TAYLOR CHAIR 2.00
Officer
$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 No data No data No data No data
2023 $1,753,385 $499,323 $2,052,688 $1,254,062
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