Civic Intelligence

Traditions at MILL Run

990 • Fiscal year 2019 • EIN 31-1389390

Jan 01, 2019 to Dec 31, 2019 • Filed on Nov 13, 2020

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

79th percentile

0.56x

Higher debt load relative to assets than 79% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Liabilities / Revenue

83rd percentile

1.09x

Higher debt load relative to revenue than 83% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Net Margin

46th percentile

1.8%

Higher net margin than 46% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Top Officer Pay

97th percentile

$713,989

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 14.2% of source-year revenue.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2019

Asset Growth

25th percentile

-2.7%

Faster asset growth than 25% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Revenue Growth

26th percentile

-6.0%

Faster revenue growth than 26% of similar nonprofits.

2019 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2018 to 2019

Assets

Down

$9,761,200

Down $1,012,416 (-9.4%) from 2016

Net Assets

Down

$4,288,668

Down $1,045,617 (-20%) from 2016

Liabilities

Up

$5,472,532

Up $33,201 (+0.6%) from 2016

Revenue

Down

$5,034,142

Down $466,132 (-8.5%) from 2016

Expenses

Up

$4,944,262

Up $408,748 (+9.0%) from 2016

Net Income

Down

$89,880

Down $874,880 (-91%) from 2016

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2010: $4,629,136Liabilities 2010: $2,843,955Net Assets 2010: $1,785,1812010Assets 2011: $5,407,224Liabilities 2011: $3,008,035Net Assets 2011: $2,399,1892011Assets 2012: $8,759,918Liabilities 2012: $6,260,721Net Assets 2012: $2,499,1972012Assets 2013: $8,487,319Liabilities 2013: $6,112,735Net Assets 2013: $2,374,5842013Assets 2014: $9,631,797Liabilities 2014: $6,064,615Net Assets 2014: $3,567,1822014Assets 2015: $10,482,144Liabilities 2015: $5,841,345Net Assets 2015: $4,640,7992015Assets 2016: $10,773,616Liabilities 2016: $5,439,331Net Assets 2016: $5,334,2852016Assets 2019: $9,761,200Liabilities 2019: $5,472,532Net Assets 2019: $4,288,6682019Assets 2020: $9,573,566Liabilities 2020: $5,912,432Net Assets 2020: $3,661,1342020Assets 2021: $9,179,158Liabilities 2021: $5,736,828Net Assets 2021: $3,442,3302021Assets 2022: $8,377,057Liabilities 2022: $5,270,178Net Assets 2022: $3,106,8792022Assets 2024: $7,175,655Liabilities 2024: $5,638,208Net Assets 2024: $1,537,4472024

Highlighted filing

2019

Assets$9,761,200
Liabilities$5,472,532
Net Assets$4,288,668

Operations Trend

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

$10M$5.0M$0-$5.0MExpenses 2010: $3,288,2502010Expenses 2011: $3,157,0642011Expenses 2012: $3,185,7762012Revenue 2013: $4,615,279Expenses 2013: $3,847,727Net Income 2013: $767,5522013Revenue 2014: $5,162,576Expenses 2014: $4,068,947Net Income 2014: $1,093,6292014Revenue 2015: $5,418,829Expenses 2015: $4,305,310Net Income 2015: $1,113,5192015Revenue 2016: $5,500,274Expenses 2016: $4,535,514Net Income 2016: $964,7602016Revenue 2019: $5,034,142Expenses 2019: $4,944,262Net Income 2019: $89,8802019Revenue 2020: $5,166,439Expenses 2020: $5,710,984Net Income 2020: -$544,5452020Revenue 2021: $5,528,068Expenses 2021: $5,826,155Net Income 2021: -$298,0872021Revenue 2022: $6,573,279Expenses 2022: $7,012,296Net Income 2022: -$439,0172022Revenue 2024: $4,535,222Expenses 2024: $5,784,533Net Income 2024: -$1,249,3112024

Highlighted filing

2019

Revenue$5,034,142
Expenses$4,944,262
Net Income$89,880
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Nov 13, 2020
Return Version
2019v5.1
Gross Receipts
$5,529,204
Mission and Program Overview

Mission

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.

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$6,386,793$6,702,757▲ $315,964
Savings and Temporary Cash Investments$0$2,496,330▲ $2,496,330
Cash and Non-Interest-Bearing Accounts$3,532,972$418,052▼ $3,114,920
Accounts Receivable$77,840$109,965▲ $32,125
Prepaid Expenses and Deferred Charges$31,014$34,096▲ $3,082
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$10,028,619$9,761,200▼ $267,419
Other Assets Total$0$0→ $0
Liabilities
Tax Exempt Bond Liabilities$4,372,123$4,205,525▼ $166,598
Accounts Payable and Accrued Expenses$288,291$778,648▲ $490,357
Other Liabilities$355,166$485,158▲ $129,992
Escrow Account Liability$3,441$3,201▼ $240
Grants Payable$0$0→ $0
Mortgage Notes Payable Secured by Investment Property$0$0→ $0
Unsecured Notes Loans Payable$0$0→ $0
Deferred Revenue$0$0→ $0
Total Liabilities$5,019,021$5,472,532▲ $453,511
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$5,009,598$4,288,668▼ $720,930
Net Assets With Donor Restrictions$0$0→ $0
Total Net Assets Fund Balance$5,009,598$4,288,668▼ $720,930
Total Liabilities and Net Assets / Fund Balance$10,028,619$9,761,200▼ $267,419

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,163,182$3,737,812$8,900,994
Equipment$405,833$438,624$844,457
Other Land Buildings$672,959$39,762$712,721
Land$460,783-$460,783
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Linda D RoehrenbeckAdministratorFT$113,164$23,709$136,873

Board Members and Trustees

NameTitle
Peter PavariniChair
Steven T BodkinPresident Eff 7/1/19
Mark R RickettsPresident Thru 6/30/19
Tanya K HahnVice President
Eric BordersDirector
J Terrance DavisDirector
Jennifer SpaldingDirector
Al RupiperDirector at Large
Almeta CooperDirector at Large
Susan M DimickeleSecretary
Julia a FratianneTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$31,356
Program Service Revenue
$4,920,982
Investment Income
$81,804
Other Revenue
$0
Change in Net Assets
$89,880
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$3,023,751
Other Expenses$1,920,511
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$1,861,089$256,337-$2,117,426
Other Employee Benefits$685,361$27,833-$713,194
Depreciation Depletion$366,570$10,489-$377,059
Fees for Services Management-$255,925-$255,925
Payroll Taxes$185,606$7,525-$193,131
Interest$162,880$4,753-$167,633
Occupancy$150,738$4,399-$155,137
Advertising-$153,907-$153,907
Fees for Services Other$87,102$48,000-$135,102
Information Technology-$130,076-$130,076
Insurance$60,969$1,779-$62,748
Other Expenses$113,541$61,207-$61,207
Office Expenses-$42,534-$42,534
Fees for Services Legal-$3,585-$3,585
All Other Expenses-$2,709-$2,709
Fees for Service Investment Mgmnt Fees-$1,675-$1,675
Travel-$1,142-$1,142
Total Functional Expenses$3,930,387$1,013,875$0$4,944,262
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
Security Deposits$259,702
Interest Rate Swap Agreement$129,492
Resident & Third-party Liabilities$74,222
Related Party Payables$13,326
Capital Leases$8,416

Bond Issues

BondIssuerIssuedIssue PricePurpose
AFranklin County Ohio2012-04-30$3,601,500Franklin county adjustable rate
BFranklin County Ohio2013-12-19$2,020,000REFUNDING ISSUE B
CFranklin County Ohio2018-09-27$1,000,000Franklin county adjustable rate se

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$3,601,500$553,622$887,284$72,030
B$2,020,000$1,985,708$424,283$34,292
C$1,000,000$9,230$0$21,137

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
Yes
Other officer compensation reviewed
Yes
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 2019.

Filing and Contact Details

Filer

Filer Name
Traditions at Mill Run
EIN
31-1389390
In Care Of
% TANYA K HAHN
Phone
6144512151
Address
2335 NORTH BANK DRIVE, COLUMBUS, OH 43220
Doing Business As
See Schedule O

Signing Officer

Name
Tanya K Hahn
Title
Vice President
Phone
6144512151
Signed
2020-11-13
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Steven T Bodkin
Formed
1993
Legal Domicile
Oh
Voting Board Members
6
Independent Board Members
6
Employees
111
Volunteers
173

Preparer

Firm
Hw&co
Address
23240 Chagrin Blvd Suite 700, Cleveland, OH 44122-5450
Preparer
David M Reape CPA
Phone
2168311200
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in value of interest rate swap $ 95,189 transfer to national church residences $800,000 -------- total: $895,189

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 not all members of group exemption #5048.

FORM 990, PAGE 1, ITEM C:

The organization conducts business under the name: national church residences mill run.

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.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0PRESIDENT THRU 6/30/19
IRS990/Form990PartVIISectionAGrp/TitleTxt1PRESIDENT EFF 7/1/19
IRS990/Form990PartVIISectionAGrp/TitleTxt2SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt3VICE PRESIDENT
IRS990/Form990PartVIISectionAGrp/TitleTxt4TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt5ADMINISTRATOR
IRS990/Form990PartVIISectionAGrp/TitleTxt6CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt7DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt8DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt9DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt10DIRECTOR AT LARGE
IRS990/Form990PartVIISectionAGrp/TitleTxt11DIRECTOR AT LARGE
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IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt027833
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt0685361
IRS990/OtherEmployeeBenefitsGrp/TotalAmt0713194
IRS990/OtherExpensesGrp/Desc0RESIDENTS MEALS
IRS990/OtherExpensesGrp/Desc1PROGRAM SUPPLIES AND DRUGS
IRS990/OtherExpensesGrp/Desc2MAINTENANCE AND EQUIPMENT
IRS990/OtherExpensesGrp/Desc3BAD DEBT
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IRS990/PYTotalExpensesAmt04654799
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IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
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Document Assets

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Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.18$5.64$1.54$4.54$5.78$1.25
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.38$5.27$3.11$6.57$7.01$0.44
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.18$5.74$3.44$5.53$5.83$0.30
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.57$5.91$3.66$5.17$5.71$0.54
2019Detailed filing. Detailed filing data is available for this year.$9.76$5.47$4.29$5.03$4.94$0.09
2016Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.8$5.44$5.33$5.50$4.54$0.96
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.5$5.84$4.64$5.42$4.31$1.11
2014Detailed filing. Detailed filing data is available for this year.$9.63$6.06$3.57$5.16$4.07$1.09
2013Detailed filing. Detailed filing data is available for this year.$8.49$6.11$2.37$4.62$3.85$0.77
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.76$6.26$2.50$3.19
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$5.41$3.01$2.40$3.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$4.63$2.84$1.79$3.29