Christian Care Manor Iii Inc

What it reported doing in 2024

Christian care manor iii is a 43-unit hud-subsidized apartment development for the very-low income 62 years of age or older, located in phoenix, az. Opening in 1993 the project offers 1-bedroom apartments for independent living. Average age currently is 77 years old. Laundry facilities and an activity room are site amenities. Services provided include membership in the seniorfit program, 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. Cable television is available for a nominal monthly fee. Christian care is an active participant in quality initiatives that promote healthy, affordable, and ethical aging services in association with leading age and the (cont'd on sch o)health services advisory group (hsag). Founded in 1979, the christian care companies began with 96 units of subsidized housing and a 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 17 related tax exempt christian care companies (the names of the other 16 are listed on schedule r) who provide housing, hospitality and healthcare services for very-low-to-middle income Arizona seniors. 16 of the christian care companies were founded by the nondenominational christian churches of Arizona and are governed by corporate boards of directors. Christian care management has controlling interest in the 17th related tax exempt entity, home health care, inc. Dba covenant home health, which provides home health services to seniors and others who need skilled medical care within the comfort and privacy of their own homes.at december 31, 2024, the christian care companies own and operate 1,990 units of middle-income, market-rate independent, assisted, and memory care units for seniors on six campuses, 338 units of subsidized housing, and a 20-bed rehabilitation center. In addition, we provide assisted living services to up to 107 residents of our subsidized housing.benefits of being part of a christian care community 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 entree to on-campus food service venues, entertaining activity programs, health & wellness opportunities and chaplaincy services.

Financial Efficiency

• Mission deployment rate: 96.9%; rating input score 97
• Program expense ratio: 82.6%; rating input score 83
• Fundraising efficiency: Limited

Transparency & Controls

• Consistency checks: 100%; rating input score 100; 64th 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: 88.9%; rating input score 89; 24th 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: -18.8%; rating input score 15; 15th percentile among comparable filings
• Total-asset coverage ratio: 2.1; rating input score 60; 60th percentile among comparable filings
• Liabilities to assets ratio: 0.29; rating input score 16; 16th percentile among comparable filings
• Officer compensation ratio: 45.2%; rating input score 5; 5th percentile among comparable filings

Growth

• Program expense growth: 2.9% per year; rating input score 100; 44th percentile among comparable filings
• Revenue growth: 2.9% per year; rating input score 100; 41st percentile among comparable filings
• Asset growth: -1.8% per year; rating input score 0; 18th percentile among comparable filings