Civic Intelligence

National Church Residences Eb

EIN 85-4101022 • 501(c)3 • Columbus, OH

Profile

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

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

94th percentile

1.09x

Higher debt load relative to assets than 94% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Liabilities / Revenue

98th percentile

8.11x

Higher debt load relative to revenue than 98% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Net Margin

11th percentile

-28%

Higher net margin than 11% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Top Officer Pay

98th percentile

$579,239

Higher top officer pay than 98% of similar nonprofits.

Top officer pay equals 109.3% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2025

Asset Growth

23rd percentile

-5.2%

Faster asset growth than 23% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Revenue Growth

40th percentile

2.0%

Faster revenue growth than 40% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2024 to 2025

Assets

Down

$3,954,674

Down $219,119 (-5.2%) from 2024

Liabilities

Down

$4,297,982

Down $69,277 (-1.6%) from 2024

Net Assets

Down

-$343,308

Down $149,842 (-77%) from 2024

Revenue

Up

$529,824

Up $10,221 (+2.0%) from 2024

Expenses

Up

$679,666

Up $52,072 (+8.3%) from 2024

Net Income

Down

-$149,842

Down $41,851 (-39%) from 2024

Trend Graphs

Balance Sheet Trend

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

$6.0M$4.0M$2.0M$0-$2.0MAssets 2022: $4,704,765Liabilities 2022: $4,715,242Net Assets 2022: -$10,4772022Assets 2023: $4,346,194Liabilities 2023: $4,431,669Net Assets 2023: -$85,4752023Assets 2024: $4,173,793Liabilities 2024: $4,367,259Net Assets 2024: -$193,4662024Assets 2025: $3,954,674Liabilities 2025: $4,297,982Net Assets 2025: -$343,3082025

Highlighted filing

2025

Assets$3,954,674
Liabilities$4,297,982
Net Assets-$343,308

Operations Trend

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

$1.0M$500K$0-$500KRevenue 2022: $555,239Expenses 2022: $565,716Net Income 2022: -$10,4772022Revenue 2023: $502,607Expenses 2023: $577,605Net Income 2023: -$74,9982023Revenue 2024: $519,603Expenses 2024: $627,594Net Income 2024: -$107,9912024Revenue 2025: $529,824Expenses 2025: $679,666Net Income 2025: -$149,8422025

Highlighted filing

2025

Revenue$529,824
Expenses$679,666
Net Income-$149,842

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Aug 1, 2024 to Jul 31, 2025
Signed
Nov 18, 2025
Return Version
2024v5.2
Gross Receipts
$529,824
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.

Provide housing for low and moderate income persons.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$3,838,788$3,695,869▼ $142,919
Investments Other Securities$267,002$212,345▼ $54,657
Cash and Non-Interest-Bearing Accounts$31,469$20,987▼ $10,482
Prepaid Expenses and Deferred Charges$5,116$5,065▼ $51
Accounts Receivable$12,234$1▼ $12,233
Total Assets$4,173,793$3,954,674▼ $219,119
Other Assets Total$19,184$20,407▲ $1,223
Liabilities
Mortgage Notes Payable Secured by Investment Property$4,306,906$4,246,066▼ $60,840
Accounts Payable and Accrued Expenses$29,585$29,421▼ $164
Other Liabilities$30,747$21,591▼ $9,156
Deferred Revenue$21$904▲ $883
Total Liabilities$4,367,259$4,297,982▼ $69,277
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-193,466$-343,308▼ $149,842
Total Net Assets Fund Balance$-193,466$-343,308▼ $149,842
Total Liabilities and Net Assets / Fund Balance$4,173,793$3,954,674▼ $219,119

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,067,446$302,385$3,369,831
Land$333,585-$333,585
Leasehold Improvements$140,465$45,270$185,735
Other Land Buildings$44,935$129,006$173,941
Equipment$109,438$64,503$173,941
Other Securities$24,156--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Matthew D RulePresident
Eric WalkerVice President
Robert S WalterVice President
Sean AlexanderVice President
Sonya BrownVice President
Greg ComfortDirector
Robert MaloneyDirector
Tingting LiDirector
Julie M WoolleySecretary
Jill KolbTreasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$302,722
Program Service Revenue
$221,012
Investment Income
$5,041
Other Revenue
$1,049
Change in Net Assets
$-149,842

Audited Revenue Reconciliation

Revenue per Audited Statements
$529,824
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$0
Total Revenue per Audited Statements
$529,824
Total Revenue per Form 990
$529,824
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$679,666
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Occupancy$346,635--$346,635
Depreciation Depletion$148,646--$148,646
Office Expenses$42,162--$42,162
Fees for Services Management-$34,320-$34,320
Fees for Services Accounting-$20,793-$20,793
Advertising$2,264--$2,264
Other Expenses$692$961-$692
Conferences and Meetings$278--$278
Fees for Services Legal$200--$200
Total Functional Expenses$623,592$56,074$0$679,666

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$679,666
Total Expenses per Audited Statements$679,666
Total Expenses per Form 990$679,666
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$0
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
Lobbying activity
No
Subject to proxy tax
No
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Security Deposits$18,756
Accrued Mgmt Fee Payable$2,835
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
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
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 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.

Filing and Contact Details

Filer

Filer Name
National Church Residences Eb
EIN
85-4101022
Phone
6144512151
Address
2245 NORTH BANK DRIVE, COLUMBUS, OH 43220
Doing Business As
Cherry Crest Court

Signing Officer

Name
Sean Alexander
Title
Vice President
Phone
6144512151
Signed
2025-11-18
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Sean Alexander
Formed
2020
Legal Domicile
TX
Voting Board Members
3
Independent Board Members
3
Employees
0
Volunteers
3

Preparer

Firm
DAUBY O'CONNOR & ZALESKI LLC
Address
501 CONGRESSIONAL BLVD 300, CARMEL, IN 46032
Preparer
Jessica Cooper
Phone
3178485700
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 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.

Financial Statement Notes

PART X, LINE 2:

No provisions for federal or state income tax has been included in the financial statements since the corporation is exempt from such taxes under section 501(c)(3) of the internal revenue code and has been classified as an other than private foundation.

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

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IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt05065
IRS990/PrincipalOfficerNm0SEAN ALEXANDER
IRS990/ProfessionalFundraisingInd00
IRS990/ProgramServiceRevenueGrp/BusinessCd0531110
IRS990/ProgramServiceRevenueGrp/Desc0RENTAL INCOME
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt0221012
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt0221012
IRS990/ProhibitedTaxShelterTransInd00
IRS990/PYBenefitsPaidToMembersAmt00
IRS990/PYContributionsGrantsAmt0295746
IRS990/PYExcessBenefitTransInd00
IRS990/PYGrantsAndSimilarPaidAmt011618
IRS990/PYInvestmentIncomeAmt06578
IRS990/PYOtherExpensesAmt0615976
IRS990/PYOtherRevenueAmt02149
IRS990/PYProgramServiceRevenueAmt0215130
IRS990/PYRevenuesLessExpensesAmt0-107991
IRS990/PYSalariesCompEmpBnftPaidAmt00
IRS990/PYTotalExpensesAmt0627594
IRS990/PYTotalProfFndrsngExpnsAmt00
IRS990/PYTotalRevenueAmt0519603
IRS990/QuidProQuoContributionsInd00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd00
IRS990/ReconcilationRevenueExpnssAmt0-149842
IRS990/RegularMonitoringEnfrcInd01
IRS990/RelatedEntityInd01
IRS990/RelatedOrganizationCtrlEntInd00
IRS990/ReportInvestmentsOtherSecInd01
IRS990/ReportLandBuildingEquipmentInd01
IRS990/ReportOtherAssetsInd00
IRS990/ReportOtherLiabilitiesInd01
IRS990/ReportProgramRelatedInvstInd00
IRS990/RevenueAmt0222061
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/First5Years509Ind0X
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt0302722
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt0295746
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0296085
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt0402819
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt01297372
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt05041
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt06578
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt02048
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt0396
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt014063
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt0222061
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt0217279
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt0204474
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt0152024
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt0795838
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt05041
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt06578
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt02048
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt0396
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt014063
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportTotal509Amt02093210
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt00
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt00
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt0524783
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt0513025
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt0500559
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt0554843
IRS990ScheduleA/Total509Grp/TotalAmt02093210
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt0529824
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt0519603
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt0502607
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt0555239
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt02107273
IRS990ScheduleB/ContributorInformationGrp/ContributorBusinessName/BusinessNameLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorNum0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine10RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/AddressLine20RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/City0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/State0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/ContributorUSAddress/ZIPCode0RESTRICTED
IRS990ScheduleB/ContributorInformationGrp/TotalContributionsAmt0RESTRICTED
IRS990/ScheduleBRequiredInd01
IRS990ScheduleD/BuildingsGrp/BookValueAmt03067446
IRS990ScheduleD/BuildingsGrp/DepreciationAmt0302385
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt03369831
IRS990ScheduleD/EquipmentGrp/BookValueAmt0109438
IRS990ScheduleD/EquipmentGrp/DepreciationAmt064503
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0173941
IRS990ScheduleD/ExpensesNotReportedAmt00
IRS990ScheduleD/ExpensesNotRptFinclStmtAmt00
IRS990ScheduleD/ExpensesSubtotalAmt0679666
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/LandGrp/BookValueAmt0333585
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0333585
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0140465
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt045270
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0185735
IRS990ScheduleD/OtherLandBuildingsGrp/BookValueAmt044935
IRS990ScheduleD/OtherLandBuildingsGrp/DepreciationAmt0129006
IRS990ScheduleD/OtherLandBuildingsGrp/OtherCostOrOtherBasisAmt0173941
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt02835
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Amt118756
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc0ACCRUED MGMT FEE PAYABLE
IRS990ScheduleD/OtherLiabilitiesOrgGrp/Desc1SECURITY DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt039288
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt1148901
IRS990ScheduleD/OtherSecuritiesGrp/BookValueAmt224156
IRS990ScheduleD/OtherSecuritiesGrp/Desc0MORTGAGE ESCROW DEPOSITS
IRS990ScheduleD/OtherSecuritiesGrp/Desc1RESERVE REPLACEMENT FUND
IRS990ScheduleD/OtherSecuritiesGrp/Desc2RESIDUAL RECEIPTS
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd0C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd1C
IRS990ScheduleD/OtherSecuritiesGrp/MethodValuationCd2C
IRS990ScheduleD/RevenueNotReportedAmt00
IRS990ScheduleD/RevenueNotReportedFinclStmtAmt00
IRS990ScheduleD/RevenueSubtotalAmt0529824
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0NO PROVISIONS FOR FEDERAL OR STATE INCOME TAX HAS BEEN INCLUDED IN THE FINANCIAL STATEMENTS SINCE THE CORPORATION IS EXEMPT FROM SUCH TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND HAS BEEN CLASSIFIED AS AN OTHER THAN PRIVATE FOUNDATION.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART X, LINE 2:
IRS990ScheduleD/TotalBookValueLandBuildingsAmt03695869
IRS990ScheduleD/TotalBookValueSecuritiesAmt0212345
IRS990ScheduleD/TotalExpensesPerForm990Amt0679666
IRS990ScheduleD/TotalLiabilityAmt021591
IRS990ScheduleD/TotalRevenuePerForm990Amt0529824
IRS990ScheduleD/TotalRevEtcAuditedFinclStmtAmt0529824
IRS990ScheduleD/TotExpnsEtcAuditedFinclStmtAmt0679666
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount20
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount30
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount40
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount50
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt0155820
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt1126394
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt2100547
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt3144836
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt445124
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt541843
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0374424
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1328407

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