Hillcrest Home INC

Tax-deductible

Claimed by the org

Sumner, IA501(c)(3)Since 1964EIN 42-0892136

IT is the mission of Hillcrest Home, INC. To help older people live to their highest potential when they can no longer achieve that potential by themselves. We care for those you love as we strive to serve individuals without discrimination but with keen recognition of each's individual's privacy, dignity, worth, and wholeness. Hillcrest Home is dedicated to help these people maintain and achieve the highest level of physical, social and emotional health by providing nursing care and independent living within our facility.

501(c)(3) charity; gifts are tax-deductible.
92¢ of each $1 spent went to programs.
Run by 7 volunteers and 109 employees.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · People: Part I, lines 5–6

Before you give

FY2024 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
1 of 5
filings with a surplus
Average deficit $261K a year · 5% of revenue · last 5 filings
Concern: a surplus in 1 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
92%
of spending
Looks good: 92% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$81K
to officers and key staff · 1% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
<1 mo
of spending, in cash
Concern: 0.1 months of spending in cash; under 2 weeks.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
4
named funders · $70K
Looks good: 4 funders name it on their filings; 3 or more.
Funders’ Sch. I, 990-PF
Liabilities
$4.0M
118% of total assets
Concern: liabilities are 118% of assets; over 80%.
Pt X · Ln 26
Independent board members
12
of 12 voting members
Looks good: 12 of 12 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$6.1M
-12% vs prior year
Spent
$6.6M
To programs
92%
Net assets
−$611K
By yearFY2020–FY2024
Revenue
$6.1M
FY2024▼ -12%
Revenue by fiscal year
FY2020$5.4M
FY2021$4.8M
FY2022$5.5M
FY2023$7.0M
FY2024$6.1M
Expenses
$6.6M
FY2024▼ -5%
Expenses by fiscal year
FY2020$5.6M
FY2021$5.2M
FY2022$5.8M
FY2023$6.9M
FY2024$6.6M
Net assets
−$611K
FY2024▼ -231%
Net assets by fiscal year
FY2020$442K
FY2021$79K
FY2022−$218K
FY2023−$185K
FY2024−$611K

From the FY2024 Form 990 · figures checked against the IRS filing · see the original

Form 990 (PDF)

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Feb 1966.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

92 cents of each dollar spent went to programs.

Program services 92% · $6.0M Management & general 8% · $546K Fundraising 0% · $3K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

13 people listed on the 990; $81K paid to officers and key staff.

Part VII, Section A · reportable compensation
Administrato
$80,577Pt VII · Sec A
Vice Preside
$0Pt VII · Sec A
Secretary
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
$0Pt VII · Sec A
President
$0Pt VII · Sec A
$0Pt VII · Sec A

Compensation history total reportable pay by year · 2 named individuals · Part VII

NameFY2024FY2023
Amber Brady—$109,174
Elizabeth Diers$80,577—

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Hillcrest Home INC executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides nursing care and independent living to help older adults reach their highest potential.

1 program service account for $6.0M of program spending, described in the organization's own filed words · FY2024.
01

Hillcrest homes, inc. Operates a senior living campus with a 61-BED nursing facility, 16 assisted living apartments and 7 independent living apartments.

$6.0Mprogram expense

This is your program — Update the story

Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2024
Total grants receivedfrom 4 funders$70K
See all 4 funders →

By the numbers

Org confirmed 0 of 10 linesconfirmednot yet

The FY2024 990, line by line.

1The main four
Money inPt VIII
$6.1M
Ln 12
Fees for servicesLn 2g$6.1M
Gifts and grantsLn 1h$69K
Investment incomeLn 3$1K
Money outPt IX
$6.6M
Ln 25
Programscol B$6.0M
Managementcol C$546K
Fundraisingcol D$3K
Owns and owesPt X
−$611K
net assets · Ln 32
Cash and savingsLn 1–2$67K
Total assetsLn 16$3.4M
LiabilitiesLn 26$4.0M
PeoplePt VI, VII
13
listed · VII A
PaidVII A1
Voting boardVI 1a12
IndependentVI 1b12
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$69K
Fees for servicesLn 2g$6.1M
Investment incomeLn 3$1K
Total revenueLn 12$6.1M
Assets in detailPt X, end of year
CashLn 1$67K
Cash and savings togetherLn 1–2$67K
Land, buildings, equipmentLn 10c$3.0M
Other assetsLn 15$116K
Total assetsLn 16$3.4M
LiabilitiesLn 26$4.0M
Net assetsLn 32−$611K
OperationsPt I, VI
EmployeesI 5109
VolunteersI 67
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY24End FY24
Cash and savingsLn 1–2$19K$67K
Land, buildings, equipmentLn 10c$3.1M$3.0M
Total assetsLn 16$3.8M$3.4M
LiabilitiesLn 26$3.9M$4.0M
Net assetsLn 32−$185K−$611K
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$81K$81K
Other salaries and wagesLn 7$3.6M$3.4M$141K
Other employee benefitsLn 9$388K$358K$29K
Payroll taxesLn 10$285K$268K$17K
Other fees for servicesLn 11g$720K$595K$125K
Advertising and promotionLn 12$4K$4K
OccupancyLn 16$216K$203K$13K
InterestLn 20$148K$148K
Depreciation, depletion and amortizationLn 22$320K$320K
InsuranceLn 23$114K$52K$62K
Other expenses (24a–d)Ln 24$707K$631K$74K$3K
Total functional expensesLn 25$6.6M$6.0M$546K$3K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest Viewing $6.1M$6.6M−$426K−$611K 990 PDF
FY2023 $7.0M$6.9M$33K−$185K 990 PDF
FY2022 $5.5M$5.8M−$297K−$218K 990 PDF
FY2021 $4.8M$5.2M−$363K$79K 990 PDF
FY2020 $5.4M$5.6M−$253K$442K 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
See the full FY2024 990 (4 parts)
Part VIII · Statement of revenue $6,134,280 across 5 lines filed
VIII-1f All other contributions, gifts and grants$69,011
VIII-1h Total contributions, gifts and grants$69,011
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $6,063,807$6,063,807
VIII-3 Investment incomeExcluded from tax $1,462$1,462
VIII-12 Total revenueRelated to mission $6,063,807 · Excluded from tax $1,462$6,134,280
Part IX · Statement of functional expenses $6,560,766 across 11 lines filed
IX-5 Pay of current officers, directors and key staffManagement $80,577$80,577
IX-7 Other salaries and wagesPrograms $3,437,029 · Management $140,682$3,577,711
IX-9 Other employee benefitsPrograms $358,404 · Management $29,307$387,711
IX-10 Payroll taxesPrograms $267,877 · Management $16,919$284,796
IX-11g Other fees for servicesPrograms $594,841 · Management $125,239$720,080
IX-12 Advertising and promotionManagement $4,259$4,259
IX-16 OccupancyPrograms $202,872 · Management $12,997$215,869
IX-20 InterestPrograms $148,476$148,476
IX-22 Depreciation, depletion and amortizationPrograms $319,998$319,998
IX-23 InsurancePrograms $51,951 · Management $62,085$114,036
IX-24 Other expenses (24a–d)Programs $630,604 · Management $74,066 · Fundraising $2,583$707,253
IX-25 Total functional expensesPrograms $6,012,052 · Management $546,131 · Fundraising $2,583$6,560,766
Part X · Balance sheet $3,358,017 assets, 12 lines filed
X-1 Cash, non-interest-bearingStart of year $18,995$66,514
X-4 Accounts receivableStart of year $380,247$161,289
X-9 Prepaid expenses and deferred chargesStart of year $30,055$17,154
X-10c Land, buildings and equipment, netStart of year $3,094,748$2,997,404
X-15 Other assetsStart of year $55,754$115,656
X-16 Total assetsStart of year $3,757,777$3,358,017
X-17 Accounts payable and accrued expensesStart of year $703,509$821,243
X-25 Other liabilitiesStart of year $33,893$28,256
X-26 Total liabilitiesStart of year $3,942,651$3,969,377
X-27 Net assets without donor restrictionsStart of year −$224,104−$611,360
X-32 Total net assets or fund balancesStart of year −$184,874−$611,360
X-33 Total liabilities and net assetsStart of year $3,757,777$3,358,017
Part XI · Reconciliation of net assets −$611,360 net assets at year end
XI-1 Total revenue$6,134,280
XI-2 Total expenses$6,560,766
XI-3 Revenue less expenses−$426,486
XI-4 Net assets at start of year−$184,874
XI-10 Net assets at end of year−$611,360

Form 990 e-file (XML) FY2024 from the IRS · Classification, formation year and address from the IRS Business Master File

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