Civic Intelligence

First Community Village

990 • Fiscal year 2018 • EIN 31-0655502

Jul 01, 2017 to Jun 30, 2018 • Filed on Apr 26, 2019

2335 North Bank DriveColumbus, OH 43220

(614) 451-2151

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

97th percentile

1.37x

Higher debt load relative to assets than 97% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Liabilities / Revenue

91st percentile

3.98x

Higher debt load relative to revenue than 91% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Net Margin

21st percentile

-3.1%

Higher net margin than 21% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Top Officer Pay

58th percentile

$395,508

Higher top officer pay than 58% of similar nonprofits.

Top officer pay equals 1.6% of source-year revenue.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2018

Asset Growth

26th percentile

-2.3%

Faster asset growth than 26% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Revenue Growth

18th percentile

-7.3%

Faster revenue growth than 18% of similar nonprofits.

2018 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2017 to 2018

Assets

Down

$70,360,775

Down $1,624,810 (-2.3%) from 2017

Net Assets

Down

-$25,952,409

Down $716,161 (-2.8%) from 2017

Liabilities

Down

$96,313,184

Down $908,649 (-0.9%) from 2017

Revenue

Down

$24,225,047

Down $1,915,236 (-7.3%) from 2017

Expenses

Down

$24,983,777

Down $2,554,055 (-9.3%) from 2017

Net Income

Up

-$758,730

Up $638,819 (+46%) from 2017

Historical Trend

Balance Sheet Trend

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$200M$100M$0-$100MAssets 2010: $84,105,146Liabilities 2010: $104,209,456Net Assets 2010: -$20,104,3102010Assets 2011: $73,490,135Liabilities 2011: $73,913,932Net Assets 2011: -$423,7972011Assets 2012: $76,270,151Liabilities 2012: $80,581,310Net Assets 2012: -$4,311,1592012Assets 2013: $72,139,473Liabilities 2013: $88,523,095Net Assets 2013: -$16,383,6222013Assets 2014: $73,404,709Liabilities 2014: $93,035,784Net Assets 2014: -$19,631,0752014Assets 2015: $75,664,895Liabilities 2015: $97,854,660Net Assets 2015: -$22,189,7652015Assets 2016: $74,106,362Liabilities 2016: $97,849,998Net Assets 2016: -$23,743,6362016Assets 2017: $71,985,585Liabilities 2017: $97,221,833Net Assets 2017: -$25,236,2482017Assets 2018: $70,360,775Liabilities 2018: $96,313,184Net Assets 2018: -$25,952,4092018Assets 2019: $73,540,974Liabilities 2019: $102,082,034Net Assets 2019: -$28,541,0602019Assets 2020: $88,611,658Liabilities 2020: $120,054,960Net Assets 2020: -$31,443,3022020Assets 2021: $122,549,081Liabilities 2021: $159,253,494Net Assets 2021: -$36,704,4132021Assets 2022: $109,244,110Liabilities 2022: $150,701,650Net Assets 2022: -$41,457,5402022Assets 2023: $109,312,480Liabilities 2023: $154,220,270Net Assets 2023: -$44,907,7902023Assets 2024: $105,729,939Liabilities 2024: $148,921,158Net Assets 2024: -$43,191,2192024

Highlighted filing

2018

Assets$70,360,775
Liabilities$96,313,184
Net Assets-$25,952,409

Operations Trend

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$40M$30M$20M$10M$0-$10MExpenses 2010: $29,438,0682010Expenses 2011: $24,753,6342011Expenses 2012: $25,274,5252012Expenses 2013: $31,603,0952013Revenue 2014: $25,259,776Expenses 2014: $28,408,691Net Income 2014: -$3,148,9152014Revenue 2015: $27,838,765Expenses 2015: $30,381,142Net Income 2015: -$2,542,3772015Revenue 2016: $27,265,078Expenses 2016: $29,040,623Net Income 2016: -$1,775,5452016Revenue 2017: $26,140,283Expenses 2017: $27,537,832Net Income 2017: -$1,397,5492017Revenue 2018: $24,225,047Expenses 2018: $24,983,777Net Income 2018: -$758,7302018Revenue 2019: $23,616,605Expenses 2019: $25,806,647Net Income 2019: -$2,190,0422019Revenue 2020: $22,224,021Expenses 2020: $25,341,856Net Income 2020: -$3,117,8352020Revenue 2021: $19,045,598Expenses 2021: $24,520,256Net Income 2021: -$5,474,6582021Revenue 2022: $25,670,147Expenses 2022: $28,972,665Net Income 2022: -$3,302,5182022Revenue 2023: $27,994,439Expenses 2023: $31,444,689Net Income 2023: -$3,450,2502023Revenue 2024: $32,040,947Expenses 2024: $30,324,376Net Income 2024: $1,716,5712024

Highlighted filing

2018

Revenue$24,225,047
Expenses$24,983,777
Net Income-$758,730
Jump To
Filing Snapshot
Filing Period
Jul 1, 2017 to Jun 30, 2018
Signed
Apr 26, 2019
Return Version
2017v2.3
Gross Receipts
$24,731,182
Mission and Program Overview

Mission

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$48,842,353$49,511,856▲ $669,503
Savings and Temporary Cash Investments$6,337,420$5,554,267▼ $783,153
Cash and Non-Interest-Bearing Accounts$4,533,173$3,394,374▼ $1,138,799
Intangible Assets$3,300,000$2,793,865▼ $506,135
Accounts Receivable$1,244,211$1,242,498▼ $1,713
Other Notes and Loans Receivable, Net$186,450$0▼ $186,450
Prepaid Expenses and Deferred Charges$63,776$126,924▲ $63,148
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
Inventories for Sale or Use$0$0→ $0
Loans From Officers Directors$0$0→ $0
Total Assets$71,985,585$70,360,775▼ $1,624,810
Other Assets Total$7,478,202$7,736,991▲ $258,789
Liabilities
Tax Exempt Bond Liabilities$49,728,248$49,103,686▼ $624,562
Other Liabilities$39,108,874$38,501,193▼ $607,681
Accounts Payable and Accrued Expenses$3,609,945$4,721,519▲ $1,111,574
Deferred Revenue$4,471,055$3,734,664▼ $736,391
Mortgage Notes Payable Secured by Investment Property$286,404$225,747▼ $60,657
Escrow Account Liability$17,307$26,375▲ $9,068
Grants Payable$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Total Liabilities$97,221,833$96,313,184▼ $908,649
Net Assets / Fund Balance
Temporarily Rstr Net Assets$842,869$1,052,192▲ $209,323
Permanently Rstr Net Assets$61,100$50,000▼ $11,100
Unrestricted Net Assets$-26,140,217$-27,054,601▼ $914,384
Total Net Assets Fund Balance$-25,236,248$-25,952,409▼ $716,161
Total Liabilities and Net Assets / Fund Balance$71,985,585$70,360,775▼ $1,624,810

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$36,826,300$7,845,893$44,672,193
Equipment$4,307,005$5,263,530$9,570,535
Land$4,867,700-$4,867,700
Other Land Buildings$3,436,447$804,199$4,240,646
Leasehold Improvements$74,404$104,166$178,570
Other Assets Org$1,102,192--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2017$61,100-▼ $11,100-$50,000
2016$61,100---$61,100
2015$61,100---$61,100
2014$61,100---$61,100
2013$61,100---$61,100
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Noah T MooreExecutive DirectorFT$126,681$37,825$164,506
Judith a WrightAdministratorFT$132,020$17,358$149,378
Anthony EvansPresident Eff 6/19/17--$147,027$147,027
Christopher J BeigelRehabilitation ManagerFT$110,871$7,054$117,925

Board Members and Trustees

NameTitle
Jacci NickellPresident Thru 2/10/17
Tanya Kim HahnVice President
Don GardinerDirector
John Terrance Davis MdDirector
Mary Ann KraussDirector
Paul BloomfieldDirector
Stephen RishDirector
Virginia BarneyDirector
Susan DimickeleSecretary
John WhitlockTreasurer Thru 6/1/18

Highest Paid Contractors

ContractorServicesLocationCompensation
Eugene Picko Jr Daystar ManagementBuilding Improvement5707 EDGEBROOK DR, Galena, OH 43021$454,964
Dave DeanBuilding Improvement9420 REFUGEE ROAD SW, Pataskala, OH 43062$164,972
Revenue and Support

Revenue Composition

Contributions and Grants
$48,854
Program Service Revenue
$23,521,250
Investment Income
$121,919
Other Revenue
$533,024
Change in Net Assets
$-758,730

Audited Revenue Reconciliation

Revenue per Audited Statements
$24,225,047
Revenue Not Reported on Form 990
$42,569
Total Revenue per Audited Statements
$24,267,616
Total Revenue per Form 990
$24,225,047
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$14,179,982
Salaries, Compensation, and Employee Benefits$10,803,795
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$7,767,095$130,134-$7,897,229
Interest$3,157,459--$3,157,459
Occupancy$2,286,067--$2,286,067
Depreciation Depletion$2,273,096--$2,273,096
Other Employee Benefits$2,085,042--$2,085,042
Fees for Services Management$29,260$1,236,315-$1,265,575
All Other Expenses$752,403$44,043-$796,446
Payroll Taxes$718,164--$718,164
Fees for Services Other$461,851$55,465-$517,316
Information Technology$385,825--$385,825
Advertising$342,797--$342,797
Other Expenses$264,967--$264,967
Insurance$253,263--$253,263
Pension Plan Contributions$103,360--$103,360
Office Expenses$3,931$65,317-$69,248
Fees for Services Legal$38,374--$38,374
Travel$13,659--$13,659
Total Functional Expenses$23,452,503$1,531,274$0$24,983,777

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$24,983,777
Total Expenses per Audited Statements$24,983,777
Total Expenses per Form 990$24,983,777
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
Refundable Entrance Fees$28,312,463
Related Party Loans$8,915,180
Security Deposits$1,273,550

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACounty of Franklin Ohio2013-02-21$52,405,000PAY OFF TERM LOANS

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$51,515,138$0$1,360,000$1,023,572

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
No
Form 8038-T filed
Yes
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 family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
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 fcv corporation.

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 11:

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. 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 B, LINE 19:

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

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

Following an established executive compensation policy, the human resource committee of national church residences reviews and approves salaries of all officers and reports to the executive committee on their action. The committee bases 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 2018.

Filing and Contact Details

Filer

Filer Name
First Community Village
EIN
31-0655502
In Care Of
% TANYA K HAHN
Phone
6144512151
Address
2335 NORTH BANK DRIVE, COLUMBUS, OH 43220

Signing Officer

Name
Tanya K Hahn
Title
Vice President
Phone
6144512151
Signed
2019-04-26
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Tanya K Hahn
Formed
1961
Legal Domicile
Oh
Voting Board Members
6
Independent Board Members
6
Employees
488
Volunteers
221

Preparer

Firm
Hw&co
Address
23240 Chagrin Blvd Suite 700, Cleveland, OH 44122-5450
Preparer
Jordan L Keller CPA
Phone
2168311200
Supplemental Narrative

Additional Explanations

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 related tax exempt organizations are all members of the group exemption #5048.

FORM 990, PAGE 1, ITEM C:

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

FORM 990, PART XI, LINE 9:

Change in beneficial interest in assets held by the foundation $209,323

Financial Statement Notes

Form 990, Schedule D, Part IV, Line 2B

Medicaid residents can request, and in certain cases, first community village is required to maintain their personal funds in a custodian account. These custodial accounts are accounted for separately and are maintained by the nursing facility on behalf of the residents. The custodial accounts are listed on the balance sheet of form 990, part x, line 21 as custodial account libilities.

Form 990, Schedule D, Part XII, Line 2D

Change in beneficial interest in assets held by the foundation $209,323

Form 990, Schedule D, Part V, Line 4

Income from the endowment is to be used for programs that recognize first community village associates for unwavering commitment to the quality of care and the welfare of the residents.

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IRS990/Form990PartVIISectionAGrp/PersonNm4JOHN TERRANCE DAVIS MD
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IRS990/Form990PartVIISectionAGrp/TitleTxt0DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
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IRS990/Form990PartVIISectionAGrp/TitleTxt3DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt5DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6PRESIDENT EFF 6/19/17
IRS990/Form990PartVIISectionAGrp/TitleTxt7VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt8TREASURER THRU 6/1/18
IRS990/Form990PartVIISectionAGrp/TitleTxt9SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt10EXECUTIVE DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt11ADMINISTRATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt12REHABILITATION MANAGER
IRS990/Form990PartVIISectionAGrp/TitleTxt13PRESIDENT THRU 2/10/17
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IRS990/OtherExpensesGrp/Desc2DRUGS & MEDICAL SUPPLIES
IRS990/OtherExpensesGrp/Desc3MAINTENANCE AND REPAIRS
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$106$149$43.2$32.0$30.3$1.72
2023Detailed filing. Detailed filing data is available for this year.$109$154$44.9$28.0$31.4$3.45
2022Detailed filing. Detailed filing data is available for this year.$109$151$41.5$25.7$29.0$3.30
2021Detailed filing. Detailed filing data is available for this year.$123$159$36.7$19.0$24.5$5.47
2020Detailed filing. Detailed filing data is available for this year.$88.6$120$31.4$22.2$25.3$3.12
2019Detailed filing. Detailed filing data is available for this year.$73.5$102$28.5$23.6$25.8$2.19
2018Detailed filing. Detailed filing data is available for this year.$70.4$96.3$26.0$24.2$25.0$0.76
2017Detailed filing. Detailed filing data is available for this year.$72.0$97.2$25.2$26.1$27.5$1.40
2016Detailed filing. Detailed filing data is available for this year.$74.1$97.8$23.7$27.3$29.0$1.78
2015Detailed filing. Detailed filing data is available for this year.$75.7$97.9$22.2$27.8$30.4$2.54
2014Detailed filing. Detailed filing data is available for this year.$73.4$93.0$19.6$25.3$28.4$3.15
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$72.1$88.5$16.4$31.6
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$76.3$80.6$4.31$25.3
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$73.5$73.9$0.42$24.8
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$84.1$104$20.1$29.4