NonprofitsBible Students Retirement Centers

Housing & Shelter

Bible Students Retirement Centers

FAIRVIEW, OR

Total revenue

$450K

Total expenses

$378K

Net assets

$1.7M

Grants received

$115K

6 grants

EIN

930872692

Tax year

2024

Mission

To build, operate and maintain a retirement center providing independent living arrangements for seniors conducive to christian fellowship and bible study for the bible students fellowship retirees.

Programs

3 programs

Food service program, providing a nutritious hot meal monday through friday to retirement center residents who choose to participate. This program bills residents at month end for the actual meals they have taken, at well below market prices. They sign up for the new week of meals after they see the menu for that week. Residents currently pay $8 per meal, or about 49% of the cost.

Expenses: $56K

Low income subsidy program - expenses consisted of rental subsidies totaling $8,248.60 for 3 residents, meal subsidies of $3,096 for 3 residents, phone/personal alarm subsidies for 2 residents totaling $1,290.71, and in-home help services for 2 subsidy residents totaling $440.

Expenses: $13KGrants: $13K

In-home reimbursement fund. Each resident is gifted a one-time $500 fund which may be drawn against after presenting paid receipts for the in-home health related service. This program is to encourage residents to remain in their homes longer by engaging and paying directly for outside services to help them. The program provides for the resident to choose when they wish to invoke their $500 benefit. This fiscal period several residents began to utilize this fund.

Expenses: $350

Financials

FY 2024

Revenue

Contributions & grants$100K
Program service revenue$298K
Investment income$43K
Other revenue$8K
Total revenue$450K

Expenses

Grants paid$13K
Salaries & benefits$113K
Fundraising
Other expenses$249K
Total expenses$378K
Total assets$1.8M
Net assets$1.7M

People

9 listed

NameRoleCompensation

JIM TOWER

RESIDENT DIRECTOR

Board

10 hrs/wk

DAWN SHALLIEU

DIRECTOR

Board

10 hrs/wk

RUSS MARTEN

DIRECTOR

Board

10 hrs/wk

TOM GILBERT

DIRECTOR

Board

10 hrs/wk

LANA TURNER

DIRECTOR

Board

10 hrs/wk

MICHAEL COSTELLI

DIRECTOR

Board

10 hrs/wk

KOME AJISE

CHAIRMAN

Board

10 hrs/wk

NANNETTE NEKORA

SECRETARY

Board

10 hrs/wk

JOANNA CHRISTIANSEN

TREASURER

Board

10 hrs/wk

Grants received

Showing 6 of 6

FromAmountPurposeYear
$18K
For grant recipient's exempt purposes
2021
$18K
For grant recipient's exempt purposes
2021
$10K
HUMAN SERVICES
2021
$30K
For grant recipient's exempt purposes
2020
$20K
For grant recipient's exempt purposes
2019
$20K
FOR GRANT RECIPIENT'S EXEMPT PURPOSES
2017

Funded by

$115K from 2 funders · 6 grants · 2017–2021

Fidelity Investments Charitable Gift Fund

$105K · 5 grants · 2017–2021

National Philanthropic Trust

$10K · 1 grant · 2021

Details

EIN930872692
NTEE codeL22Z
Subsection03
Ruling date1986-01
Formed1985
Employees8
Volunteers12
BIBLE STUDENTS RETIREMENT CENTERS — Mission, Financials & Grants Received | Grantivo