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Koinonia Homes Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 237412318 ✦ Independence, OH ✦ Designated as a 501(c)(3)

Overview

What is Koinonia Homes Inc?

Koinonia Homes Inc, established in 1974, is a 501(c)(3) organization based in Independence, Ohio, with a workforce of over 550 employees. Founded by community leaders dedicated to serving those with developmental disabilities, Koinonia has spent over four decades delivering person-centered care. Their mission is to create enriching, healthy, and fulfilling lives for those they serve. Koinonia provides residential group homes, adult day support, and employment services, reaching over 500 individuals annually. Their commitment to excellence has positioned Koinonia as a leading industry figure in Greater Cleveland, earning them numerous accolades and recognitions.


Official website here: www.koinoniahomes.org

Is Koinonia Homes Inc legitimate?

Koinonia Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Koinonia Homes Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $1,021,177
Professional Fundraising Fees: $0
Other Salaries and Wages: $20,817,632

For more financial information, click here


Official website here: www.koinoniahomes.org

What is the mission statement of Koinonia Homes Inc?

Koinonia Homes Inc is a non-profit organization dedicated to helping individuals with developmental disabilities live healthy, fulfilling, and enriched lives. Through its person-centered care approach, the organization provides residential group homes, community-based support, adult day programs, and employment services. Founded in 1974 by compassionate community members, Koinonia Homes has been making a difference for over forty years, currently serving more than 500 people annually with the support of a team of over 550 dedicated staff members. Koinonia Homes' mission is to partner with those who have developmental disabilities, and its achievements have earned it numerous awards and recognitions as an industry leader.


Official website here: www.koinoniahomes.org

Who is the CEO of Koinonia Homes Inc?

Diane Beastrom is the President/Ceo of Koinonia Homes Inc. The CEO's salary of Koinonia Homes Inc is $327,423 and their total compensation is $341,379.


Official website here: www.koinoniahomes.org

What is the revenue of Koinonia Homes Inc?

Koinonia Homes Inc's revenue in 2022 was $34,603,879.


Official website here: www.koinoniahomes.org

Who are the executives of Koinonia Homes Inc and what are their salaries?

The average compensation at Koinonia Homes Inc during 2022 was $32,211. There are 678 employees and 25 volunteers at Koinonia Homes Inc.

Here are 12 key members and their salaries (Koinonia Homes Inc's CEO's salary is $327,423 and their total compensation is $341,379):

    Diane Beastrom (President/Ceo)
  • Compensation: $327,423
  • Related: $0
  • Other: $13,956

    • Jeanne Greene (Chief Program Officer)
  • Compensation: $174,918
  • Related: $0
  • Other: $1,895

    • Howard Pincham (Cio)
  • Compensation: $152,498
  • Related: $0
  • Other: $17,624

    • Stacy Soria (Cpo Thru 11-22)
  • Compensation: $162,338
  • Related: $0
  • Other: $7,231

    • Ryan Wood (Cfo)
  • Compensation: $161,948
  • Related: $0
  • Other: $1,343

    • Fred A Watkins (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Julie Johnson (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeffrey D Minnick (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sam Butcher (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Kristian Barr (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jacqueline Sherry (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Sarah Truman (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.koinoniahomes.org

    Where can I find the form 990 for Koinonia Homes Inc?

    The Koinonia Homes Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.koinoniahomes.org

    Learn more at the official website: www.koinoniahomes.org

    Mission Statement of Koinonia Homes Inc

    Koinonia Homes Inc, a leading 501 c (3) organization, has been dedicated to partnering with individuals who have developmental disabilities since its inception in 1974. The organization's mission is to help these individuals achieve healthy, fulfilling, and enriched lives.

    Through its person-centered care approach, Koinonia Homes provides essential services to over 500 people annually. The team of more than 550 dedicated staff members has been instrumental in making a difference in the lives of those they serve. Koinonia's commitment to excellence has earned it numerous awards and recognitions, solidifying its position as an industry leader in the field of developmental disabilities care.

    Koinonia Homes offers a range of services tailored to the unique needs of each individual. These services include residential group homes, community-based homes or apartments, adult day support, and employment services. By offering these comprehensive solutions, Koinonia Homes ensures that every person has access to the resources they need to live their best possible life.

    The organization's unwavering dedication to its mission is evident in its long-standing history and the ongoing support it provides to its clients. Koinonia Homes is more than just an organization; it is a community of compassionate individuals who are committed to improving the lives of those with developmental disabilities.

    Impact

    This information is meant to be a general summary of Koinonia Homes Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Koinonia Homes Inc partners with people with developmental disabilities to achieve healthy, fulfilling, enriched lives. Through providing residential group homes, support services, adult day support, and employment services in community-based settings, Koinonia Homes positively impacts the lives of over 500 individuals annually. Their dedication to person-centered care for over 40 years has established them as an industry leader in Greater Cleveland, garnering numerous awards and recognitions for their excellence in the field. With a staff of more than 550, Koinonia Homes continues to make a significant difference in the lives of those with developmental disabilities in Independence, Ohio, and beyond.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $280,408
  • Program Service Revenue: $33,776,760
  • Gross Receipts: $35,472,545

    • Assets and Liabilities:
  • Total Assets: $30,649,087
  • Total Liabilities: $14,151,024
  • Net Assets: $16,498,063
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    PROGRAM SERVICE INCOME

    Revenue

    $30,680,259

    STIMULUS RELIEF GRANT REVENUE

    Revenue

    $3,096,501

    Organization Details

    Founding Year

    1974

    Principal Officer

    Diane Beastrom

    Main Address

    6161 Oak Tree Blvd Suite 400, Independence, OH, 44131

    NTEE Category

    Code: P73Z - Human services

    If you are a representative of Koinonia Homes Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.