Civic Intelligence

Csj Initiatives Inc

990 • Fiscal year 2015 • EIN 47-1224740

Jul 01, 2014 to Jun 30, 2015 • Filed on Feb 15, 2016

3430 Rocky River DrCleveland, OH 44111

(216) 251-0303

Siviq Scores

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

Liabilities / Assets

19th percentile

0.03x

Higher debt load relative to assets than 19% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Liabilities / Revenue

11th percentile

0.02x

Higher debt load relative to revenue than 11% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Net Margin

98th percentile

93%

Higher net margin than 98% of similar nonprofits.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Top Officer Pay

66th percentile

$224,824

Higher top officer pay than 66% of similar nonprofits.

Top officer pay equals 2.1% of source-year revenue.

2015 filings • 501(c)3 • $10M-$25M nonprofits • Source year 2015

Asset Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Revenue Growth

Score unavailable

No value available

No earlier valid filing was available within the previous three public years.

Source year 2015

Assets

$9,835,888

No earlier filing loaded for comparison.

Net Assets

$9,570,827

No earlier filing loaded for comparison.

Liabilities

$265,061

No earlier filing loaded for comparison.

Revenue

$10,709,179

No earlier filing loaded for comparison.

Expenses

$725,318

No earlier filing loaded for comparison.

Net Income

$9,983,861

No earlier filing loaded for comparison.

Historical Trend

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2015: $9,835,888Liabilities 2015: $265,061Net Assets 2015: $9,570,8272015Assets 2018: $10,104,738Liabilities 2018: $365,220Net Assets 2018: $9,739,5182018Assets 2019: $10,200,797Liabilities 2019: $405,116Net Assets 2019: $9,795,6812019Assets 2020: $11,521,682Liabilities 2020: $1,116,028Net Assets 2020: $10,405,6542020Assets 2021: $12,767,685Liabilities 2021: $442,950Net Assets 2021: $12,324,7352021Assets 2022: $11,633,530Liabilities 2022: $373,372Net Assets 2022: $11,260,1582022Assets 2023: $12,546,218Liabilities 2023: $613,017Net Assets 2023: $11,933,2012023Assets 2024: $13,418,034Liabilities 2024: $490,486Net Assets 2024: $12,927,5482024

Highlighted filing

2015

Assets$9,835,888
Liabilities$265,061
Net Assets$9,570,827

Operations Trend

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

$15M$10M$5.0M$0Revenue 2015: $10,709,179Expenses 2015: $725,318Net Income 2015: $9,983,8612015Revenue 2018: $4,187,287Expenses 2018: $3,315,416Net Income 2018: $871,8712018Revenue 2019: $4,346,096Expenses 2019: $4,135,077Net Income 2019: $211,0192019Revenue 2020: $5,240,623Expenses 2020: $4,559,787Net Income 2020: $680,8362020Revenue 2021: $5,673,238Expenses 2021: $4,647,973Net Income 2021: $1,025,2652021Revenue 2022: $5,505,429Expenses 2022: $5,095,741Net Income 2022: $409,6882022Revenue 2023: $5,655,344Expenses 2023: $5,357,625Net Income 2023: $297,7192023Revenue 2024: $6,450,996Expenses 2024: $5,769,115Net Income 2024: $681,8812024

Highlighted filing

2015

Revenue$10,709,179
Expenses$725,318
Net Income$9,983,861
Jump To
Filing Snapshot
Filing Period
Jul 1, 2014 to Jun 30, 2015
Signed
Feb 15, 2016
Return Version
2014v6.0
Gross Receipts
$10,709,179
Mission and Program Overview

Mission

Csj initiatives reflects the congregation of st. Joseph's commitment to respond to the emerging needs of religious congregations, our neighbors and the world by providing management or ownership of senior care facilities that create vibrant living services. Through the unique lens and culture of religious life, csj initiatives offers expertise in life enriching housing opportunities, compassionate health and wellness care and responsible care for congregational properties.

To offer, establish, provide, oversee and promote facilities, programs and senior care services in support of and furtherance of the tradition, spirituality and charism of the congregation of the sisters of st. Joseph.

Balance Sheet Detail
LineBeginningEndChange
Assets
Investments Other Securities$0$9,580,072▲ $9,580,072
Cash and Non-Interest-Bearing Accounts$0$255,816▲ $255,816
Total Assets$0$9,835,888▲ $9,835,888
Liabilities
Accounts Payable and Accrued Expenses$0$265,061▲ $265,061
Total Liabilities$0$265,061▲ $265,061
Net Assets / Fund Balance
Unrestricted Net Assets$0$9,570,827▲ $9,570,827
Total Net Assets Fund Balance$0$9,570,827▲ $9,570,827
Total Liabilities and Net Assets / Fund Balance$0$9,835,888▲ $9,835,888

Asset Categories

AssetBook ValueDepreciationBasis
Other Securities$9,580,072--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Christine Parks CsjChair
Rita Ann Teichman CsjVice Chair
Jeannie Masterson CsjBoard Member
MARGUERITE O'BRIEN CSJBoard Member
Mark KuhnBoard Member
Nancy Conway CsjBoard Member
Pat Bergen CsjBoard Member
William SlaterDirector of Finance
Jerry CarleyCEO
Joan Kreyenbuhl CsjSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$10,000,000
Program Service Revenue
$16,963
Investment Income
$692,216
Other Revenue
$0
Change in Net Assets
$9,983,861
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$601,755
Other Expenses$123,563
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Current Officers, Directors, Trustees, and Key Employees-$386,270-$386,270
Other Salaries and Wages-$215,485-$215,485
Travel-$41,612-$41,612
Fees for Service Investment Mgmnt Fees-$38,709-$38,709
Fees for Services Legal-$15,200-$15,200
Office Expenses-$14,225-$14,225
Advertising-$3,606-$3,606
Conferences and Meetings-$2,549-$2,549
Other Expenses-$1,016-$1,016
Total Functional Expenses$0$725,318$0$725,318
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section B, Line 11

The form 990 is presented to the board of directors for review and approval prior to filing.

Form 990, Part VI, Section B, Line 12C

Each director, principal officer and member of a committee with board delegated powers shall annually sign a statement which affirms that such person: a) has received a copy of the conflicts of interest policy, b) has read and understands the policy, c) has agreed to comply with the policy, d) understands that the organization is a charitable organization and that in order to maintain its federal tax exemption it must engage primarily in activities which accomplish one or more of its tax-exempt purposes. Periodic reviews are also conducted by the board to ensure that the organization is in compliance with the conflicts of interest policy.

Form 990, Part VI, Section B, Line 15

Compensation is based on market rates in the non-profit industry. Compensation is contingent on the approval of the board members of csj initiatives.

Form 990, Part VI, Section C, Line 19

All official documents are kept at the csj intiatives, inc. Office at 3700 east lincoln, wichita, ks and are available to anyone who makes a request in writing.

Filing and Contact Details

Filer

Filer Name
Csj Initiatives Inc
EIN
47-1224740
Phone
2162510303
Address
3430 ROCKY RIVER DR, CLEVELAND, OH 44111

Signing Officer

Name
Jerry Carley
Title
CEO
Phone
2162510303
Signed
2016-02-15
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Jerry Carley
Formed
2014
Legal Domicile
Wv
Voting Board Members
9
Independent Board Members
8
Employees
0
Volunteers
0

Preparer

Firm
Kerber Eck & Braeckel Llp
Address
1000 MYERS BUILDING, SPRINGFIELD, IL 62701
Preparer
Kathleen O Ward
Phone
2177890960
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IRS990/MissionDesc0CSJ INITIATIVES REFLECTS THE CONGREGATION OF ST. JOSEPH'S COMMITMENT TO RESPOND TO THE EMERGING NEEDS OF RELIGIOUS CONGREGATIONS, OUR NEIGHBORS AND THE WORLD BY PROVIDING MANAGEMENT OR OWNERSHIP OF SENIOR CARE FACILITIES THAT CREATE VIBRANT LIVING SERVICES. THROUGH THE UNIQUE LENS AND CULTURE OF RELIGIOUS LIFE, CSJ INITIATIVES OFFERS EXPERTISE IN LIFE ENRICHING HOUSING OPPORTUNITIES, COMPASSIONATE HEALTH AND WELLNESS CARE AND RESPONSIBLE CARE FOR CONGREGATIONAL PROPERTIES.
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IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0THE FORM 990 IS PRESENTED TO THE BOARD OF DIRECTORS FOR REVIEW AND APPROVAL PRIOR TO FILING.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1EACH DIRECTOR, PRINCIPAL OFFICER AND MEMBER OF A COMMITTEE WITH BOARD DELEGATED POWERS SHALL ANNUALLY SIGN A STATEMENT WHICH AFFIRMS THAT SUCH PERSON: A) HAS RECEIVED A COPY OF THE CONFLICTS OF INTEREST POLICY, B) HAS READ AND UNDERSTANDS THE POLICY, C) HAS AGREED TO COMPLY WITH THE POLICY, D) UNDERSTANDS THAT THE ORGANIZATION IS A CHARITABLE ORGANIZATION AND THAT IN ORDER TO MAINTAIN ITS FEDERAL TAX EXEMPTION IT MUST ENGAGE PRIMARILY IN ACTIVITIES WHICH ACCOMPLISH ONE OR MORE OF ITS TAX-EXEMPT PURPOSES. PERIODIC REVIEWS ARE ALSO CONDUCTED BY THE BOARD TO ENSURE THAT THE ORGANIZATION IS IN COMPLIANCE WITH THE CONFLICTS OF INTEREST POLICY.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2COMPENSATION IS BASED ON MARKET RATES IN THE NON-PROFIT INDUSTRY. COMPENSATION IS CONTINGENT ON THE APPROVAL OF THE BOARD MEMBERS OF CSJ INITIATIVES.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3ALL OFFICIAL DOCUMENTS ARE KEPT AT THE CSJ INTIATIVES, INC. OFFICE AT 3700 EAST LINCOLN, WICHITA, KS AND ARE AVAILABLE TO ANYONE WHO MAKES A REQUEST IN WRITING.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION B, LINE 11
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