Drake Development Inc in Cincinnati, Ohio (OH)
Table of contents:
| Drake Development Inc | |
| Employer Identification Number (EIN) | 311658885 |
| Name of Organization | Drake Development Inc |
| In Care of Name | Kay Cody Nolen |
| Address | 165 West Galbraith Road, Cincinnati, OH 45216-1033 |
| Subsection | Charitable Organization |
| Ruling Date | 10/1999 |
| Deductibility | Contributions are deductible |
| Foundation | Organization that normally receives no more than one third of its support from gross investment income and unrelated business income and at the same time more than one third of its support from contributions, fees, and gross receipts related to exempt purposes |
| Organization | Corporation |
| Exempt Organization Status | Unconditional Exemption |
| Tax Period | 06/2011 |
| Assets | $500,000 to $999,999 |
| Income | $1,000,000 to $4,999,999 |
| Filing Requirement | 990 (all other) or 990EZ return |
| Asset Amount | $721,298 |
| Amount of Income | $2,711,681 |
| Form 990 Revenue Amount | $2,711,681 |
| National Taxonomy of Exempt Entities (NTEE) | Health - General and Rehabilitative: Nursing, Convalescent Facilities |
Non-representatives - add comments:
Amount of income in 2011: $2,711,681 (it was $3,221,928 in 2010)
| Drake Development Inc: | $2,711,681 |
| Other organizations performing similar types of work: | $3,879,282 |
Assets in 2011: $721,298 (it was $777,114 in 2010)
| This organization: | $721,298 |
| Other organizations performing similar types of work: | $2,661,348 |
Expenses in 2011: $1,238,722
| This organization: | $1,238,722 |
| Other organizations performing similar types of work: | $3,976,392 |
Income to expenses ratio in 2011: 2.2
| Drake Development Inc: | 2.2 |
| Other organizations performing similar types of work: | 1.0 |
Grants share in income in 2011: 0.1%
| Drake Development Inc: | 0.1% |
| Other organizations performing similar types of work: | 5.7% |
Revenue for 2011
Support schedule
| Statements Regarding Other IRS Filings and Tax Compliance (for 2011) | |
| Did the organization have unrelated business gross income of $1,000 or more during the year? | No |
| Initiation fees and capital contributions | $0 |
| Gross receipts for public use of club facilities | $0 |
| Gross income from members or shareholders | $0 |
| Gross income from other sources | $0 |
| Statement of Revenue (for 2011) | |
| Total revenue | $2,711,681 |
| Contributions, Gifts, Grants and Other Similar Amounts | $2,245 |
| Program Service Revenue | $2,709,255 |
| Other Revenue | |
| Investment income (including dividends, interest, and other similar amounts) | $181 |
| Income from investment of tax-exempt bond proceeds | $0 |
| Royalties | $0 |
| Net rental income | $0 |
| Net gain from sales of assets other than inventory | $0 |
| Net income from fundraising events | $0 |
| Net income from gaming activities | $0 |
| Net income from sales of inventory | $0 |
| Miscellaneous Revenue | $0 |
| Statement of Functional Expenses (for 2011) | |
| Total functional expenses | $1,238,722 |
| Compensation of current officers, directors, trustees, and key employees | $0 |
| Other salaries and wages | $0 |
| Payroll taxes | $0 |
| Professional fundraising services | $0 |
| Other | $1,238,722 |
| Balance Sheet (for 2011) | |
| Total assets | $721,298 |
| Total liabilities | $1,585,808 |
| Tax-exempt bond liabilities | $0 |
| Secured mortgages and notes payable to unrelated third parties | $0 |
| Unsecured notes and loans payable to unrelated third parties | $0 |
| Other | $1,585,808 |
| Total net assets or fund balances | $-864,510 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Reason for Public Charity Status (for 2011) | |
| The organization is not a private foundation because it is: | An organization that normally receives: (1) more than 33 1/3 % of its support from contributions, membership fees, and gross receipts from activities related to its exempt functions - subject to certain exceptions, and (2) no more than 33 1/3 % of its support from gross investment income and unrelated business taxable income (less section 511 tax) from businesses acquired by the organization after June 30, 1975 |
| Support Schedule for Organizations Described in Section 509(a)(2) (for 2011) | |
| 2007 - 2011 Total | |
|---|---|
| Total support | $17,527,597 |
| Gifts, grants, contributions, and membership fees received | $39,715 |
| Gross receipts from admissions, merchandise sold or services performed, or facilities furnished in any activity that is related to the organization's tax-exempt purpose | $15,859,203 |
| Tax revenues levied for the organization's benefit and either paid to or expended on its behalf | $0 |
| The value of services or facilities furnished by a governmental unit to the organization without charge | $0 |
| Gross income from interest, dividends, payments received on securities loans, rents, royalties and income from similar sources and Unrelated business taxable income (less section 511 taxes) from businesses acquired after June 30, 1975 | $25,745 |
| Other | $1,602,934 |
| Write your review! |
|
|
| Recently Added Reviews |
| Greater Cincinnati Gasoline Dealers Association Inc in Cincinnati, OH |
| Avondale Comprehensive Development Corporation in Cincinnati, OH |
Price Hill Land Foundation in Cincinnati, OH
  |
| Chrysalis Health Care Inc in Cincinnati, OH |
|
Happen Inc in Cincinnati, OH
|
|
Cincinnati Highland Dancers Inc in Cincinnati, OH
|
|
People Help People-Spread The Word Change The World in Cincinnati, OH
|
Dynamic Catholic Institute in Cincinnati, OH
 |
|
Pilots For Christ International, Cincinnati Tri-State Chapter in Cincinnati, OH
|
|
Mother Mayflowers Animal Haven Inc in Cincinnati, OH
|
| Organizations performing similar types of work | |||||
| Id | Name | Address | State | Established | Total Income |
|---|---|---|---|---|---|
| 1 | Uvmc Nursing Care Inc | 110 N Main St, Dayton, OH 45402-1795 | OH | 1989-06 | $20,310,670 |
| 2 | Senior Health Properties-Texas Inc | 1333 Wayne Street Second Floor, Reading, PA 19601-1727 | PA | 2002-05 | $55,588,222 |
| 3 | Total Community Options Inc | 8950 E Lowry Blvd, Denver, CO 80230-7030 | CO | 2009-03 | $50,539,392 |
| 4 | Wisconsin Illinois Senior Housing Inc, Fair Oaks Health Care Center | 13185 W Green Mountain Dr, Lakewood, CO 80228-3512 | CO | 1995-04 | $41,716,602 |
| 5 | Caring Heart Rehabilitation And Nursing Center Inc | 6445 Germantown Ave, Philadelphia, PA 19119-2345 | PA | 2010-01 | $39,070,915 |
| 6 | Fal-Mountain Crest Inc | 2586 Lafeuille Ave, Cincinnati, OH 45211-8209 | OH | 2007-10 | $14,419,369 |
| 7 | Ahf-Central States Inc | 5920 Venture Dr Ste 100, Dublin, OH 43017-2236 | OH | 2014-07 | $10,843,863 |
| 8 | Ohio Eastern Star Health Care Center Inc | 1451 Gambier Road, Mount Vernon, OH 43050-9112 | OH | 2001-12 | $7,211,310 |
| 9 | Wesley Ridge | 5155 N High St, Columbus, OH 43214-1525 | OH | 1996-12 | $6,156,940 |
| 10 | Ottawa Retirement Village Inc | 330 Straight St Ste 330, Cincinnati, OH 45219-1193 | OH | 1999-03 | $5,126,382 |
| 11 | Sarah Moore Health Care Center Inc | 26 N Union St, Delaware, OH 43015-1922 | OH | 1998-10 | $4,984,523 |
| 12 | Partners In Health Care Inc | 4700 Ashwood Dr Ste 200, Cincinnati, OH 45241-2424 | OH | 2007-07 | $4,864,172 |
| 13 | Commons Of Providence | 5000 Providence Drive, Sandusky, OH 44870-1410 | OH | 1996-06 | $4,648,787 |
| 14 | Drake Development Inc | 165 West Galbraith Road, Cincinnati, OH 45216-1033 | OH | 1999-10 | $2,711,681 |
| 15 | Mercy Neighborhood Ministries Inc | 1602 Madison Rd 2nd Fl, Cincinnati, OH 45206-1852 | OH | 1993-08 | $1,219,808 |
| 16 | Ottawa Medical Services Inc | 330 Straight St Ste 330, Cincinnati, OH 45219-1193 | OH | 1999-03 | $964,308 |
| 17 | Ottawa Retirement Plaza Inc | 330 Straight St Ste 330, Cincinnati, OH 45219-1193 | OH | 1999-03 | $737,536 |
| 18 | Centrum At Willow Brook Inc | 100 Delaware Crossing W, Delaware, OH 43015 | OH | 1995-04 | $0 |
| 19 | Independent Living Project | 121 Harrison Ave Ste 3, Harrison, OH 45030-2307 | OH | 2015-01 | $0 |
| 20 | Sun Haven Nursing Care & Rehabilitation Corp | 6175 Som Center Rd Ste 250, Solon, OH 44139 | OH | 2009-10 | $0 |
| Number of organizations performing similar types of work | |||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
|
| ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
| Total | 495 | ||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||||
Organization representatives - add corrected or new information about Drake Development Inc »
Non-representatives - add comments about Drake Development Inc»