Clyde Development INC

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Nursing home for the elderly The organization owns and operates an intermediate care nursing facility for the elderly and disabled.

501(c)(3) charity; gifts are tax-deductible.
81¢ of each $1 spent went to programs.
$294K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2025 · 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
FY2025
latest Form 990
Looks good: the latest return is for FY2025, 1 tax year back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 6
filings with a surplus
Average surplus $159K a year · 5% of revenue · last 6 filings
Fine: a surplus in 5 of the last 6 filings.
Pt I · Ln 19 · 6 filings
Spent on programs
81%
of spending
Looks good: 81% of spending went to programs; 75% or more.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$294K
to officers and key staff · 9% of spending
Looks good: pay to officers and key staff is 9% of spending; 15% or less.
Pt VII · Sec A
2 mo
of spending, in cash
Fine: 2.1 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $8K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$266K
16% of total assets
Looks good: liabilities are 16% of assets; 50% or less.
Pt X · Ln 26
Independent board members
7
of 7 voting members
Looks good: 7 of 7 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$3.4M
+0.2% vs prior year
Spent
$3.4M
To programs
81%
Net assets
$1.4M
By yearFY2020–FY2025
Revenue
$3.4M
FY2025+0.2%
Tap a bar for its year
Revenue by fiscal year
FY2020$2.6M
FY2021$2.7M
FY2022$2.6M
FY2023$3.3M
FY2024$3.4M
FY2025$3.4M
Expenses
$3.4M
FY2025▲ +7%
Tap a bar for its year
Expenses by fiscal year
FY2020$2.5M
FY2021$2.6M
FY2022$2.7M
FY2023$2.8M
FY2024$3.1M
FY2025$3.4M
Net assets
$1.4M
FY2025▲ +2%
Tap a bar for its year
Net assets by fiscal year
FY2020$659K
FY2021$770K
FY2022$676K
FY2023$1.1M
FY2024$1.4M
FY2025$1.4M

From the FY2025 Form 990 · figures checked against the IRS filing · see the original

990 PDF Claim

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2025. IRS ruling in Dec 1974.

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

Where the money goes

81 cents of each dollar spent went to programs.

Program services 81% · $2.7M Management & general 19% · $648K

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

Something off? Claim to add context

Who runs it and what they're paid

9 people listed on the 990; $294K paid to officers and key staff.

Part VII, Section A · reportable compensation
Administrator
$180,898Pt VII · Sec A
Registered Nurse
$113,022Pt VII · Sec A
President
$0Pt VII · Sec A
Treasurer/Secretary
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
Director
$0Pt VII · Sec A
$0Pt VII · Sec A
Vice President
$0Pt VII · Sec A

Abigail Schmidt’s $181K as Administrator is at the 65th percentile of top reported officer pay among 3128 $1–10M health care nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 5 named individuals · Part VII

NameFY2025FY2024FY2023FY2022FY2021FY2020
Abigail Schmidt$180,898$133,497$108,906———
Kristina Eakins$113,022—————
Mary Stimatze————$56,213$58,692
Heather Germann——$17,702$54,516——
Larry Blochlinger——$32,930$15,000$937—

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 Clyde Development INC executive salaries →

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 intermediate care nursing for the elderly and disabled.

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1 program · $2.7M · in their own filed words · FY2025
01

Owns and operates a 36 bed intermediate care facility for the elderly.

$2.7Mprogram expense

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 1 funder$8K

By the numbers

The FY2025 990, line by line.

1The main four
Money inPt VIII
$3.4M
Ln 12
Fees for servicesLn 2g$3.3M
Gifts and grantsLn 1h$98K
Investment incomeLn 3$14K
Money outPt IX
$3.4M
Ln 25
Programscol B$2.7M
Managementcol C$648K
Owns and owesPt X
$1.4M
net assets · Ln 32
Cash and savingsLn 1–2$586K
Total assetsLn 16$1.7M
LiabilitiesLn 26$266K
PeoplePt VI, VII
9
listed · VII A
PaidVII A2
Voting boardVI 1a7
IndependentVI 1b7
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$98K
Fees for servicesLn 2g$3.3M
Investment incomeLn 3$14K
Total revenueLn 12$3.4M
Assets in detailPt X, end of year
CashLn 1$219K
SavingsLn 2$366K
Cash and savings togetherLn 1–2$586K
Accounts receivableLn 4$394K
Prepaid expenses and deferred chargesLn 9$52K
Land, buildings, equipmentLn 10c$557K
Other assetsLn 15$81K
Total assetsLn 16$1.7M
LiabilitiesLn 26$266K
Net assetsLn 32$1.4M
OperationsPt I, VI
EmployeesI 589
VolunteersI 60
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aNo
Whistleblower policyVI 13No
Records policyVI 14No
3More from this return
BondsSch K, Pt X
Tax-exempt bond debt owedX 20$84K
Bond issues listedSch K Pt I2
Raised by those issuesSch K Pt I$885K
4Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY25End FY25
Cash and savingsLn 1–2$523K$586K
Land, buildings, equipmentLn 10c$544K$557K
Total assetsLn 16$1.6M$1.7M
LiabilitiesLn 26$250K$266K
Net assetsLn 32$1.4M$1.4M
5Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Pay of current officers, directors and key staffLn 5$294K$113K$181K$0
Other salaries and wagesLn 7$1.9M$1.8M$87K$0
Other employee benefitsLn 9$29K$24K$5K$0
Payroll taxesLn 10$194K$170K$24K$0
Advertising and promotionLn 12$2K$2K$0$0
TravelLn 17$199$0$199$0
InterestLn 20$7K$0$7K$0
Depreciation, depletion and amortizationLn 22$65K$58K$7K$0
InsuranceLn 23$86K$0$86K$0
Other expenses (24a–d)Ln 24$573K$503K$70K$0
All other expensesLn 24e$244K$64K$180K$0
Total functional expensesLn 25$3.4M$2.7M$648K$0

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2025 Latest ViewingFiled with the IRS Aug 11, 2026 $3.4M$3.4M$52K$1.4M 990 PDF
FY2024Filed with the IRS Sep 26, 2025 $3.4M$3.1M$269K$1.4M 990 PDF
FY2023Filed with the IRS Sep 26, 2024 $3.3M$2.8M$464K$1.1M 990 PDF
FY2022Filed with the IRS May 22, 2023 $2.6M$2.7M−$80K$676K 990 PDF
FY2021Filed with the IRS Jun 6, 2022 $2.7M$2.6M$97K$770K 990 PDF
FY2020Filed with the IRS Jun 7, 2021 $2.6M$2.5M$154K$659K 990 PDF

Schedules filed Part IV

III · Programs R · Related orgs G · Fundraising L · Interested persons I · Grants A · Public support J · Pay O · Explanations
See the full FY2025 990 (6 parts)
Part I · Summary $3,403,367 revenue, 12 lines filed
I-8 Contributions and grantsPrior year $23,924$98,473
I-9 Program service revenuePrior year $3,358,388$3,290,865
I-10 Investment incomePrior year $15,888$14,029
I-11 Other revenue$0
I-12 Total revenuePrior year $3,398,200$3,403,367
I-13 Grants and similar amounts paid$0
I-14 Benefits paid to members$0
I-15 Salaries and benefitsPrior year $2,111,218$2,374,836
I-16a Professional fundraising fees$0
I-17 Other expensesPrior year $1,018,309$976,225
I-18 Total expensesPrior year $3,129,527$3,351,061
I-19 Revenue less expensesPrior year $268,673$52,306
Part VI · Governance 7 of 7 board members independent, 3 to look at
VI-1a Voting members of the governing body7
VI-1b Independent voting members7
VI-12a Written conflict of interest policyNo
VI-13 Written whistleblower policyNo
VI-14 Document retention and destruction policyNo
VI-2 Family or business relationship among officers or directorsNo
VI-15a Process for setting top official's payYes
Part VIII · Statement of revenue $3,403,367 across 5 lines filed
VIII-1f All other contributions, gifts and grants$98,473
VIII-1h Total contributions, gifts and grants$98,473
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Unrelated business $0 · Excluded from tax $0$3,290,865
VIII-3 Investment incomeUnrelated business $0 · Excluded from tax $14,029$14,029
VIII-12 Total revenueRelated to mission $3,290,865 · Unrelated business $0 · Excluded from tax $14,029$3,403,367
Part IX · Statement of functional expenses $3,351,061 across 11 lines filed
IX-5 Pay of current officers, directors and key staffPrograms $113,022 · Management $180,898 · Fundraising $0$293,920
IX-7 Other salaries and wagesPrograms $1,770,665 · Management $87,274 · Fundraising $0$1,857,939
IX-9 Other employee benefitsPrograms $23,998 · Management $5,312 · Fundraising $0$29,310
IX-10 Payroll taxesPrograms $169,532 · Management $24,135 · Fundraising $0$193,667
IX-12 Advertising and promotionPrograms $1,684 · Management $0 · Fundraising $0$1,684
IX-17 TravelPrograms $0 · Management $199 · Fundraising $0$199
IX-20 InterestPrograms $0 · Management $6,902 · Fundraising $0$6,902
IX-22 Depreciation, depletion and amortizationPrograms $57,856 · Management $7,128 · Fundraising $0$64,984
IX-23 InsurancePrograms $0 · Management $85,829 · Fundraising $0$85,829
IX-24 Other expenses (24a–d)Programs $502,611 · Management $70,084 · Fundraising $0$572,695
IX-24e All other expensesPrograms $64,036 · Management $179,896 · Fundraising $0$243,932
IX-25 Total functional expensesPrograms $2,703,404 · Management $647,657 · Fundraising $0$3,351,061
Part X · Balance sheet $1,670,209 assets, 13 lines filed
X-1 Cash, non-interest-bearingStart of year $254,651$219,478
X-2 Savings and temporary cash investmentsStart of year $268,684$366,434
X-4 Accounts receivableStart of year $469,572$394,237
X-9 Prepaid expenses and deferred chargesStart of year $15,829$51,611
X-10c Land, buildings and equipment, netStart of year $543,609$557,170
X-15 Other assetsStart of year $77,662$81,279
X-16 Total assetsStart of year $1,630,007$1,670,209
X-17 Accounts payable and accrued expensesStart of year $127,427$181,620
X-20 Tax-exempt bond liabilitiesStart of year $123,000$84,000
X-26 Total liabilitiesStart of year $250,427$265,620
X-27 Net assets without donor restrictionsStart of year $1,379,580$1,404,589
X-32 Total net assets or fund balancesStart of year $1,379,580$1,404,589
X-33 Total liabilities and net assetsStart of year $1,630,007$1,670,209
Part XI · Reconciliation of net assets $1,404,589 net assets at year end
XI-1 Total revenue$3,403,367
XI-2 Total expenses$3,351,061
XI-3 Revenue less expenses$52,306
XI-4 Net assets at start of year$1,379,580
XI-8 Prior period adjustments−$27,297
XI-10 Net assets at end of year$1,404,589

Form 990 e-file (XML) FY2025 from the IRS · Classification, formation year and address from the IRS Business Master File

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