Civic Intelligence

Traditions at Xenia

EIN 27-4514992 • 501(c)3 • Columbus, OH

Profile

The mission of the national church residences is to provide quality housing and care at affordable prices in communities of caring persons. Our ministry is national in scope and originates from a christian commitment of service to older adults, which began in 1961.

2245 North Bank DriveColumbus, OH 43220

www.nationalchurchresidences.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

96th percentile

1.09x

Higher debt load relative to assets than 96% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

93rd percentile

4.65x

Higher debt load relative to revenue than 93% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

26th percentile

-3.0%

Higher net margin than 26% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

86th percentile

$578,999

Higher top officer pay than 86% of similar nonprofits.

Top officer pay equals 7.6% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

32nd percentile

0.6%

Faster asset growth than 32% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

52nd percentile

8.6%

Faster revenue growth than 52% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Down

$32,686,006

Down $157,230 (-0.5%) from 2022

Liabilities

Up

$35,588,996

Up $687,027 (+2.0%) from 2022

Net Assets

Down

-$2,902,990

Down $844,257 (-41%) from 2022

Revenue

Up

$7,652,090

Up $1,675,149 (+28%) from 2022

Expenses

Up

$7,877,875

Up $497,887 (+6.7%) from 2022

Net Income

Up

-$225,785

Up $1,177,262 (+84%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$40M$30M$20M$10M$0-$10MAssets 2011: $10,750,866Liabilities 2011: $10,615,746Net Assets 2011: $135,1202011Assets 2013: $12,661,106Liabilities 2013: $12,488,883Net Assets 2013: $172,2232013Assets 2014: $14,720,381Liabilities 2014: $15,006,032Net Assets 2014: -$285,6512014Assets 2015: $14,661,793Liabilities 2015: $15,613,967Net Assets 2015: -$952,1742015Assets 2016: $13,803,876Liabilities 2016: $15,687,549Net Assets 2016: -$1,883,6732016Assets 2017: $13,231,156Liabilities 2017: $15,654,480Net Assets 2017: -$2,423,3242017Assets 2018: $16,788,787Liabilities 2018: $17,702,853Net Assets 2018: -$914,0662018Assets 2019: $28,024,710Liabilities 2019: $27,493,635Net Assets 2019: $531,0752019Assets 2020: $32,583,202Liabilities 2020: $31,929,097Net Assets 2020: $654,1052020Assets 2021: $32,383,407Liabilities 2021: $33,364,551Net Assets 2021: -$981,1442021Assets 2022: $32,843,236Liabilities 2022: $34,901,969Net Assets 2022: -$2,058,7332022Assets 2024: $32,686,006Liabilities 2024: $35,588,996Net Assets 2024: -$2,902,9902024

Highlighted filing

2024

Assets$32,686,006
Liabilities$35,588,996
Net Assets-$2,902,990

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$10M$5.0M$0-$5.0MExpenses 2011: $1,915,0012011Revenue 2013: $2,170,273Expenses 2013: $2,111,161Net Income 2013: $59,1122013Revenue 2014: $2,253,514Expenses 2014: $2,711,399Net Income 2014: -$457,8852014Revenue 2015: $3,626,591Expenses 2015: $4,213,977Net Income 2015: -$587,3862015Revenue 2016: $3,915,173Expenses 2016: $4,894,350Net Income 2016: -$979,1772016Revenue 2017: $3,096,454Expenses 2017: $3,610,730Net Income 2017: -$514,2762017Revenue 2018: $3,792,726Expenses 2018: $4,158,582Net Income 2018: -$365,8562018Revenue 2019: $3,681,583Expenses 2019: $4,375,903Net Income 2019: -$694,3202019Revenue 2020: $4,193,821Expenses 2020: $5,713,174Net Income 2020: -$1,519,3532020Revenue 2021: $4,874,635Expenses 2021: $6,699,949Net Income 2021: -$1,825,3142021Revenue 2022: $5,976,941Expenses 2022: $7,379,988Net Income 2022: -$1,403,0472022Revenue 2024: $7,652,090Expenses 2024: $7,877,875Net Income 2024: -$225,7852024

Highlighted filing

2024

Revenue$7,652,090
Expenses$7,877,875
Net Income-$225,785

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$32.7$35.6$2.90$7.65$7.88$0.23
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.8$34.9$2.06$5.98$7.38$1.40
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.4$33.4$0.98$4.87$6.70$1.83
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$32.6$31.9$0.65$4.19$5.71$1.52
2019XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$28.0$27.5$0.53$3.68$4.38$0.69
2018Facts available. Structured filing facts are available, but richer extracted sections are limited.$16.8$17.7$0.91$3.79$4.16$0.37
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.2$15.7$2.42$3.10$3.61$0.51
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$13.8$15.7$1.88$3.92$4.89$0.98
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$14.7$15.6$0.95$3.63$4.21$0.59
2014Detailed filing. Detailed filing data is available for this year.$14.7$15.0$0.29$2.25$2.71$0.46
2013Detailed filing. Detailed filing data is available for this year.$12.7$12.5$0.17$2.17$2.11$0.06
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.8$10.6$0.14$1.92
Latest Detailed Filing

The latest 2024 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2022 below.

Jump To
Filing Snapshot
Filing Period
Jan 1, 2022 to Dec 31, 2022
Signed
Nov 16, 2023
Return Version
2022v5.0
Gross Receipts
$6,034,245
Mission and Program Overview

Mission

Originating from a Christian commitment of service, we provide high quality care, services and communities for Seniors

Originating from a christian commitment of service, our mission is to provide high quality care, services and residential communities for all seniors.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$28,507,751$27,626,846▼ $880,905
Cash and Non-Interest-Bearing Accounts$3,811,901$5,054,212▲ $1,242,311
Prepaid Expenses and Deferred Charges$10,424$29,731▲ $19,307
Accounts Receivable$53,331$4,862▼ $48,469
Savings and Temporary Cash Investments$0$0→ $0
Other Notes and Loans Receivable, Net$0$0→ $0
Pledges and Grants Receivable$0$0→ $0
Receivable From Disqualified Prsn$0$0→ $0
Receivables From Officers Etc$0$0→ $0
Investments Other Securities$0$0→ $0
Investments Program Related$0$0→ $0
Investments in Publicly Traded Securities$0$0→ $0
Intangible Assets$0$0→ $0
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$32,383,407$32,843,236▲ $459,829
Other Assets Total$0$127,585▲ $127,585
Liabilities
Tax Exempt Bond Liabilities$17,422,554$16,891,729▼ $530,825
Other Liabilities$7,475,156$9,936,079▲ $2,460,923
Deferred Revenue$7,426,029$7,017,514▼ $408,515
Accounts Payable and Accrued Expenses$609,561$624,639▲ $15,078
Mortgage Notes Payable Secured by Investment Property$428,313$428,313→ $0
Escrow Account Liability$2,938$3,695▲ $757
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Total Liabilities$33,364,551$34,901,969▲ $1,537,418
Net Assets / Fund Balance
Net Assets With Donor Restrictions$0$0→ $0
Net Assets Without Donor Restrictions$-981,144$-2,058,733▼ $1,077,589
Total Net Assets Fund Balance$-981,144$-2,058,733▼ $1,077,589
Total Liabilities and Net Assets / Fund Balance$32,383,407$32,843,236▲ $459,829

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$26,082,320$5,139,180$31,221,500
Equipment$662,396$1,381,000$2,043,396
Other Land Buildings$372,770$190,437$563,207
Land$509,360-$509,360
Compensation and Service Providers

Board Members and Trustees

NameTitle
Janet MeeksChair
Susan M DiMickelePresident
Matthew D RuleVice President
Robert S WalterVice President
Ginny BarneyDirector
Larry CrowellDirector
Peter PavariniDirector
Tim DoneyDirector
Al RupiperDirector at Large
Julie M WoolleySecretary
Julia A FratianneTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Andrews Services LLCroofing contractor7125 Old Troy Pike, Huber Heights, OH 45424$236,454
Oberer Thompson CompanyConstruction4197 Research Blvd, Beavercreek, OH 45430$115,377
Revenue and Support

Revenue Composition

Contributions and Grants
$4,803
Program Service Revenue
$6,029,442
Investment Income
$-57,304
Other Revenue
$0
All Other Contributions
$4,803
Change in Net Assets
$-1,403,047
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$4,639,696
Salaries, Compensation, and Employee Benefits$2,740,292
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$2,024,333$142,161-$2,166,494
Fees for Services Other$1,118,721$28,019-$1,146,740
Depreciation Depletion$1,061,096$8,665-$1,069,761
Interest$603,033$4,473-$607,506
Occupancy$520,318$1,736-$522,054
Fees for Services Management-$301,702-$301,702
Other Employee Benefits$242,696$17,044-$259,740
Advertising-$217,797-$217,797
Information Technology$176,839$6,956-$183,795
Payroll Taxes$165,612$11,630-$177,242
Pension Plan Contributions$127,838$8,978-$136,816
Insurance$108,594$844-$109,438
Office Expenses-$66,396-$66,396
Travel-$7,474-$7,474
Other Expenses$5,485$10,834-$5,485
Fees for Services Legal-$2,178-$2,178
Total Functional Expenses$6,525,567$854,421$0$7,379,988
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Fundraising Direct Expenses$0
Fundraising Gross Income$0
Gaming Direct Expenses$0
Gaming Gross Income$0
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Loans from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Receivables from Disqualified Persons$0$0→ $0
Receivables from Officers, Directors, Trustees, and Key Employees$0$0→ $0
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Related Party Payables$9,726,797
Security Deposits$173,359
Resident & Third-party Payor L$20,353
Capital Leases$15,570

Bond Issues

BondIssuerIssuedIssue PricePurpose
BFranklin County Ohio2018-09-27$12,000,000Construction of 51 appartments
AFranklin County Ohio2012-04-30$8,849,300Franklin county adjustable rate

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
B$12,000,000$0$867,377$233,408
A$8,849,300$1,362,676$2,683,500$177,923

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

FORM 990, PART VI, SECTION A, LINE 6:

The sole member of the corporation shall, at all times, be national church residences.

FORM 990, PART VI, SECTION A, LINE 7A:

Members or trustees shall have the approval of the board of trustees of national church residences.

FORM 990, PART VI, SECTION A, LINE 7B:

National church residences is required to approve the selection of the board of trustees.

FORM 990, PART VI, SECTION B, LINE 11B:

The 990 return is made available to the board prior to filing. An officer reviews the 990 return prior to signature.

FORM 990, PART VI, SECTION B, LINE 12C:

Two conflict of interest policies exist for national church residences. One policy is a general staff policy, published in the employee information guide and is available to the staff through the intranet. The second policy applies to national church residences and its affiliates' officers, directors, and members of committees composed primarily of directors and officers. The policy for officers and directors is reviewed regularly by the board, and officers and directors review and sign an attestation related to the policy annually and are required to disclose any potential conflicts. The policy contains a process for reporting conflicts, determining whether a conflict exists, and appropriate procedures for addressing conflicts.

FORM 990, PART VI, SECTION C, LINE 19:

Governing documents, the conflict of interest policy, and the financial statements are provided upon request.

FORM 990, PART VI, SECTION B, LINE 15B:

Following an established executive compensation policy, the human resource committee reviews and approves salaries of all officers and reports to the executive committee on their action. The committees base the salary decisions on survey data from comparable organizations, use of an independent compensation consultant and organizational and individual performance. This process was last completed in may 2022.

Filing and Contact Details

Filer

Filer Name
Traditions at Xenia
EIN
27-4514992
In Care Of
% ROBERT WALTER
Phone
6144512151
Address
2245 NORTH BANK DRIVE, COLUMBUS, OH 43220

Signing Officer

Name
Robert Walter
Title
CFO
Phone
6142733599
Signed
2023-11-16
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Robert Walter
Formed
2011
Legal Domicile
Oh
Voting Board Members
6
Independent Board Members
6
Employees
0
Volunteers
6

Preparer

Firm
Hw&co
Address
28601 Chagrin Blvd 210, Woodmere, OH 44122
Preparer
David M Reape CPA
Phone
2168311200
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in value of interest rate swap agreement $325,458

FORM 990, PART XII, LINE 2C:

National church residences, the parent organization, has an audit committee which oversees the audit of the financial statements and is involved in selection of the independent accountant which completes the audit. This process has not changed from the prior year.

FORM 990, SCHEDULE R, PART II:

The organization reports related tax exempt organizations on schedule r part ii that are not included within the national church residences group exemption #5048. All other related tax exempt organizations are all members of group exemption # 5048 and are not reported on schedule r part ii.

FORM 990, PAGE 1, ITEM C:

The organization conducts business under the name: national church residences legacy village.

Form 990 Part IX Line 11G

Description:other fees total fees:1146740

Financial Statement Notes

FORM 990, SCHEDULE D, PART IV, LINE 2B:

Resident custodian accounts: medicaid residents can request, and in certain cases, national church residences is required to maintain their personal funds in a custodian account. These custodial accounts are accounted for separately and are maintained by the organization on the residents' behalf.

Raw XML AppendixShowing 400 of 3,975 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
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IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0609561
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0624639
IRS990/AccountsReceivableGrp/BOYAmt053331
IRS990/AccountsReceivableGrp/EOYAmt04862
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0ORIGINATING FROM A CHRISTIAN COMMITMENT OF SERVICE, OUR MISSION IS TO PROVIDE HIGH QUALITY CARE, SERVICES AND RESIDENTIAL COMMUNITIES FOR ALL SENIORS.
IRS990/AddressChangeInd0X
IRS990/AdvertisingGrp/ManagementAndGeneralAmt0217797
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IRS990/AllOtherContributionsAmt04803
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IRS990/BackupWthldComplianceInd0true
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IRS990/BooksInCareOfDetail/PhoneNum06144512151
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02245 NORTH BANK DRIVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0COLUMBUS
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0OH
IRS990/BooksInCareOfDetail/USAddress/ZIPCd043220
IRS990/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
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IRS990/CntrctRcvdGreaterThan100KCnt02
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IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/TotalAmt00
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/ContractorCompensationGrp/CompensationAmt0236454
IRS990/ContractorCompensationGrp/CompensationAmt1115377
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt07125 Old Troy Pike
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt14197 Research Blvd
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm0HUBER HEIGHTS
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/CityNm1BEAVERCREEK
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/StateAbbreviationCd0OH
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IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/ZIPCd145430
IRS990/ContractorCompensationGrp/ContractorName/PersonNm0Andrews Services LLC
IRS990/ContractorCompensationGrp/ContractorName/PersonNm1Oberer Thompson Company
IRS990/ContractorCompensationGrp/ServicesDesc0roofing contractor
IRS990/ContractorCompensationGrp/ServicesDesc1Construction
IRS990/CostOfGoodsSoldAmt00
IRS990/CreditCounselingInd0true
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt04803
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IRS990/CYInvestmentIncomeAmt0-57304
IRS990/CYOtherExpensesAmt04639696
IRS990/CYOtherRevenueAmt00
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IRS990/CYSalariesCompEmpBnftPaidAmt02740292
IRS990/CYTotalExpensesAmt07379988
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IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt05976941
IRS990/DecisionsSubjectToApprovaInd0true
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IRS990/DeductibleNonCashContriInd0false
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IRS990/DepreciationDepletionGrp/ManagementAndGeneralAmt08665
IRS990/DepreciationDepletionGrp/ProgramServicesAmt01061096
IRS990/DepreciationDepletionGrp/TotalAmt01069761
IRS990/Desc0PROVIDE LONG TERM HEALTH CARE FACILITIES FOR THE ELDERLY. IN 2022, THE ORGANIZATION PROVIDED 83 LICENSED RESIDENTIAL CARE FACILITY UNITS AND 106 INDEPENDENT LIVING UNITS.
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IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt02178
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IRS990/ForeignActivitiesInd0false
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IRS990/Form990PartVIISectionAGrp/PersonNm2Matthew D Rule
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IRS990/Form990PartVIISectionAGrp/PersonNm10Al Rupiper
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