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Cedar Meadows INC FY2022 filing

Akron, OH · Public charity (501(c)(3))

✓ Tax-deductible
Revenue
$405K
-1% vs prior year
Spent
$363K
To programs
85%
Net assets
−$336K
By yearFY2020–FY2025
Revenue
$405K
FY2022▼ -1%
Revenue by fiscal year
FY2020$312K
FY2021$410K
FY2022$405K
FY2023$243K
FY2024$335K
FY2025$438K
Expenses
$363K
FY2022▼ -3%
Expenses by fiscal year
FY2020$370K
FY2021$376K
FY2022$363K
FY2023$398K
FY2024$406K
FY2025$417K
Net assets
−$336K
FY2022▲ +11%
Net assets by fiscal year
FY2020−$412K
FY2021−$377K
FY2022−$336K
FY2023−$491K
FY2024−$562K
FY2025−$542K

From the FY2022 Form 990 (year ending September 2022) · see the original

Form 990 (PDF) Claim this org
You’re viewing the FY2022 filing — not the latest on file. See the latest (FY2025) →

Status and standing

Is it real, and can you give to it?

Tax-deductible?
Yes
Per the IRS master file.
Can I give now?
No revocation on IRS record
Not on the IRS revocation list.
Filing up to date?
Filed FY2025 (typical filing lag)
Legal name (IRS)Hdr · item CCedar Meadows INC
EINHdr · item D31-1204975
Exempt statusHdr · item I501(c)(3) · active
Ruling yearIRS BMFAug 1987
Latest filingForm 990FY2025 · Form 990
Principal addressHdr · item CAkron, OH
NTEE classificationIRS BMFNonprofit

Where the money goes

What each dollar paid for.

Statement of Functional Expenses

Part IX · allocated across program, management, and fundraising
Allocation · columns B–D
Program services $0.85 Management & general $0.15
Program services85%$308K
Management & general15%$56K
Total functional expensesLn 25$363K

Financial health

Is it on solid ground?

Program efficiency
85%
of spending reaches programs
Operating runway
2.2mo
months of highly liquid reserves at operating expense rate
Surplus margin
+10%
revenue over expenses, this year

Summary of the Filing

Part I · fiscal year 2022 · Form 990
Total assets
$990K
FY2022▲ +0.6%
Total assets by fiscal year
FY2020$973K
FY2021$984K
FY2022$990K
FY2023$802K
FY2024$659K
FY2025$640K
Total liabilities
$1.3M
FY2022▼ -3%
Total liabilities by fiscal year
FY2020$1.4M
FY2021$1.4M
FY2022$1.3M
FY2023$1.3M
FY2024$1.2M
FY2025$1.2M
Revenue less expensesPt I · Ln 19$41K
Total assetsPt X · Ln 16$990K
Program-expense ratioPt IX · col B85%
Voting members of governing bodyPt I · Ln 35
Independent voting membersPt I · Ln 45

Balance Sheet

Part X · end of year
CashLn 1$67K
Total assetsLn 16$990K
Total liabilitiesLn 26$1.3M
Total net assetsLn 32−$336K
Months of cash on handcomputed2.2

Statement of Revenue

Part VIII
Contributions & grants$262K · 65%
Program service revenue$143K · 35%
Contributions & grants65%$262K
Program service revenue35%$143K
Investment income$379
— government grantsLn 1e$262K
Total revenueLn 12$405K

Financial Metrics

Form 990 · FY2022 · each ratio shown with the dollars behind it
Liquidity & Payout
Operating runway
Highly liquid reserves $67K · Operating expenses/yr $363K
2.2 months
Where the money goes
Program services
Program services $308K · Total expenses $363K
85%
Management & General
Management & general $56K · Total expenses $363K
15%
Fundraising
Fundraising $0 · Total expenses $363K
0%
Cost to raise $1
Fundraising expense (3-yr avg) $0 · Solicited contributions (3-yr avg) $0
Solicited contributions below reporting floor
Where the money comes from
Contribution dependence
Contributions & grants $262K · Total revenue $405K
65%
Government reliance
Government grants $262K · Total revenue $405K
65%
Earned-income share
Program service revenue $143K · Total revenue $405K
35%
Investment reliance
Investment income $379 · Total revenue $405K
+0.09%
Program self-sufficiency
Program service revenue $143K · Total expenses $363K
39%
Growth & trend
Revenue growth (YoY)
This year $405K · Prior year $410K
-1%
Net-asset trend (YoY)
End of year −$336K · Beginning of year —
Beginning net assets not meaningfully positive — showing dollar change
Balance sheet
Surplus Margin
Revenue $405K · Expenses $363K
+10%
Liabilities-to-Assets
Total liabilities — · Total assets $990K
—
Net-asset ratio
Net assets −$336K · Total assets $990K
-34%
Marketable Investment Share
Publicly traded securities (Pt X, ln 11) — · Other securities (Pt X, ln 12) — · Total assets (Pt X, ln 16) $990K
Excludes program-related investments (Pt X, ln 13)
People & payroll
Highest Reported Total Compensation
Individual Bryan C Williams · Reported title PRESIDENT · Highest reported compensation $0 · Total expenses $363K
0%
Personnel share
Salaries, benefits & payroll (Pt IX 5-10) $63K · Total expenses $363K
17%
Peer comparison

Same NTEE category, revenue band, and state where available. Descriptive — not a grade.

MetricThis orgPeer medianPercentile
Program ratio 85%——
Overhead ratio 15%——
Fundraising cost ratio 0%——
Revenue growth -1%——
Accounting fee ratio 4%——

Straight from the Form 990 — descriptive, not an evaluation. A ratio is hidden when its base is zero or too small to be meaningful; the dollars are always shown.

Leadership and pay

Who runs it, and what are they paid?

Officers, Directors & Key Employees

Part VII, Section A · reportable compensation · most recent filed roster (FY2021); the FY2022 filing did not itemize Part VII
$0Pt VII · Sec A
Ray Weber
Treasurer
$0Pt VII · Sec A
Kim Arnold
Secretary
$0Pt VII · Sec A
Lance Reed
Vice President
$0Pt VII · Sec A
Joe Dennis
Trustee
$0Pt VII · Sec A
Gary Hagen
Executive Director
$0Pt VII · Sec A
See Cedar Meadows INC executive salaries →

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Governance & Policies

Part VI
  • 5Voting board membersPt VI · Ln 1a
  • 5Independent board membersPt VI · Ln 1b
  • Conflict-of-interest policyPt VI · Ln 12aYes
  • Whistleblower policyPt VI · Ln 13No
  • Document retention policyPt VI · Ln 14No
  • Top official’s pay independently reviewedPt VI · Ln 15aNo
  • Family or business ties among leadersPt VI · Ln 2No

Mission and programs

What it does.

Provides housing for elderly and physically handicapped individuals.

Provided by the organization

This section is blank until Cedar Meadows INC claims this page.

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Mission & Programs · Part III

Where the work happens

1 program service account for $308K of program spending, described in the organization's own filed words · FY2021.
01

To provide housing and related facilities and services to elderly and low income families and persons on a non-profit basis.

$308Kprogram expense

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Filing history

Every return on file.

YearRevenueExpensesChangeFiling
FY2025 Latest $438K$417K+31% 990 PDF
FY2024 $335K$406K+38% 990 PDF
FY2023 $243K$398K-40% 990 PDF
FY2022 Viewing $405K$363K-1% 990 PDF
FY2021 $410K$376K+31% 990 PDF
FY2020 $312K$370K 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash

Not shown yet: ratings, outcomes, and peer benchmarks. A Form 990 doesn’t report them.

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Sources

Every figure above is drawn from these filings
Form 990 e-file (XML) · FY2022IRS
Classification, formation year, addressIRS Business Master File
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