Christian Care Manor I Inc

What it reported doing in 2018

Christian care manor i is a 96-unit hud-subsidized apartment development for the very-low income elderly located in phoenix, az. Opening in 1980 the project offers 1-bedroom apartments for independent living. Laundry facilities, library, dining room, activity room & wellness center are site amenities. Services provided include membership in the senior-fit program, free cable service, low-cost transportation to banks and grocery stores, recreational activities, beauty shop, chaplain services, community referral services and 24-hour security with an emergency call system. Christian care is an active participant in quality first, a covenant for healthy, affordable and ethical aging services promoted by leading age. (cont. On sch o)founded in 1979, the christian care companies began with 96 units of subsidized housing and a 60-bed nursing center on the phoenix campus. The nursing center cornerstone quotes psalm 71:9, cast me not off in the time of old age; forsake me not when my strength faileth. The organization is one of 25 related tax exempt christian care companies (the names of the other 24 are listed on schedule r) who provide housing, hospitality and healthcare services for very-low-to-middle income Arizona seniors. The christian care companies were founded and are controlled by the nondenominational christian churches of Arizona and are governed by corporate boards of directors. At december 31, 2018, the christian care companies own and operate 1,976 units of middle-income, market-rate independent, assisted, and memory care units for seniors on six campuses, 338 units of subsidized housing, and a 68-bed health center. In addition, we provide assisted living services to up to 114 residents of our subsidized housing.benefits of being part of a christian care campus typically include shared housekeeping; maintenance and security services, including call button monitoring; access to private scheduled transportation; and computer labs with high-speed internet. Residents typically have access to on-campus food service venues, entertaining activity programs, health & wellness opportunities and chaplaincy services.christian care management, inc., provides strategic direction, development, human resources, accounting, payroll, budgetary, information technology and corporate management support. In 2018, christian care management became 51% owner of home health care, inc. Dba covenant home health, a for-profit corporation. Christian care holding company, inc. Provides financial assets to meet liquidity needs as funds are available. Christian care foundation creates a positive awareness and raises funds to support and expand the christian care mission and entities.

Financial Efficiency

• Mission deployment rate: 89.7%; rating input score 90
• Program expense ratio: 86.2%; rating input score 86
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 62nd percentile among comparable filings
• Pay-setting controls: 0 of 6 controls in place; rating input score 0
  • Compensation committee: Missing
  • Independent consultant: Missing
  • Other Form 990s reviewed: Missing
  • Written employment contract: Missing
  • Compensation survey or study: Missing
  • Board or committee approval: Missing
• Foreign activity oversight: Limited
• Grant itemization coverage: Limited
• Major donor itemization: Limited
• Related-party transparency: Limited

Accountability

• Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
• Governance controls: 9 of 9 controls in place; rating input score 100
  • Conflict-of-interest policy: Pass
  • Whistleblower policy: Pass
  • Document-retention policy: Pass
  • CEO compensation review process: Pass
  • Other executive compensation review process: Pass
  • Form 990 shared with the board: Pass
  • Board meeting minutes documented: Pass
  • Audit committee oversight: Pass
  • Independent financial-statement audit: Pass

Sustainability

• Operating margin: -4.8%; rating input score 23; 23rd percentile among comparable filings
• Total-asset coverage ratio: 1.53; rating input score 59; 59th percentile among comparable filings
• Liabilities to assets ratio: 1.53; rating input score 3; 3rd percentile among comparable filings
• Officer compensation ratio: 20.9%; rating input score 12; 12th percentile among comparable filings

Growth

• Program expense growth: 3.8% per year; rating input score 100; 46th percentile among comparable filings
• Revenue growth: 2% per year; rating input score 100; 35th percentile among comparable filings
• Asset growth: -3.1% per year; rating input score 0; 16th percentile among comparable filings