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Nonprofit · EIN 23-2834398

BALA PRESBYTERIAN HOME FOUNDATION

Tax-exempt · LAFAYETTE HL, PA 19444

Financials

$3.7M$3.3M2023$5.8M$3.2M2024
Revenue Expenses · by fiscal year end
Financials of BALA PRESBYTERIAN HOME FOUNDATION by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$5,828,898$3,190,765$2,638,133$70,037,529$102,762$69,934,767
December 31, 2023990$3,739,152$3,285,845$453,307$65,577,996$192,344$65,385,652
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$172,173
Program service revenue
$0
Investment income
$5,656,725
Net gain from sales of assets
$3,981,716
Other revenue
$0

Expenses

Grants and similar amounts paid
$2,953,482
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Accounting fees
$1,900
Program services (functional)
$2,956,019
Management and general (functional)
$234,746

Balance sheet and other

Total assets, start of year
$65,577,996
Total assets, end of year
$70,037,529
Total liabilities, end of year
$102,762
Net assets, end of year
$69,934,767
Publicly traded securities
$50,188,094
Net assets without donor restrictions
$65,781,520
Net assets with donor restrictions
$4,153,247
Gross unrelated business income
$2,190
Gross receipts
$6,997,182
Employees
0
Volunteers
5
Year formed
1995
State of legal domicile
PA

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended December 31, 2024, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
JOHN H COCHRANE IIIPRESIDENT/CHIEF EXECUTIVE OFFICER
Officer
0.5$0$1,273,854$292,739
DANIEL OGUSCHIEF OPERATING OFFICER
Officer
0.5$0$963,841$184,062
ANDREW MCDONALDCHIEF FINANCIAL OFFICER
Officer
0.5$0$674,064$84,590
BETHANY GHASSEMICHIEF LEGAL COUNSEL
Officer
0.5$0$587,562$71,504
JENNIFER S KAPPENSVP AFFORDABLE HOUSING
Key employee
0.2$0$402,820$48,298
ANIKA HARTOUNIANVP OF FINANCE
Key employee
0.2$0$385,639$45,023
NICK LINDBERGCHIEF INFORMATION OFFICER
Officer
0.5$0$413,070$3,983
JAMES PARKSVP CORPORATE COMMUNICATION
Key employee
0.5$0$271,164$34,521
CYNTHIA SALGADOVP CORPORATE COMPLIANCE
Key employee
0.5$0$271,954$15,387
RANDALL L STAMPERBOARD MEMBER, EX-OFFICIO
Trustee or director
0.1$0$73,000$0
ALAN GRIFFITHBOARD MEMBER, EX-OFFICIO
Trustee or director
0.1$0$63,000$0
WILLIAM G YOUNG JRCHAIR
Trustee or director, Officer
0.1$0$0$0
HARRY G DITTMANNBOARD MEMBER
Trustee or director
0.1$0$0$0
G ROBERT OVERHISER JRBOARD MEMBER
Trustee or director
0.1$0$0$0
BRUCE L CASTOR ESQBOARD MEMBER
Trustee or director
0.1$0$0$0
1 more people on this return
NameTitleHours / weekCompensation
BRUCE DEARNLEYBOARD MEMBER
Trustee or director
0.1$0
990 for the year ended December 31, 2023: 17 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
JOHN H COCHRANE IIIPRESIDENT/CHIEF EXECUTIVE OFFICER
Officer
0.2$0$1,097,391$40,383
DANIEL OGUSCHIEF OPERATING OFFICER
Officer
0.2$0$853,732$41,587
ANDREW MCDONALDCHIEF FINANCIAL OFFICER
Officer
0.2$0$611,176$40,715
BETHANY GHASSEMICHIEF LEGAL COUNSEL
Officer
0.2$0$545,496$15,193
JENNIFER S KAPPENCHIEF EXECUTIVE - AFFORDABLE HOUSING
Officer
0.5$0$410,826$47,857
SHACASEY ROGERSVP HUMAN RESOURCES
Key employee
0.2$0$372,622$24,300
ANIKA HARTOUNIANVP OF FINANCE
Key employee
0.2$0$296,559$38,036
RUSSELL L MASTREGIONAL OPS VP LPCS
Key employee
0.5$0$303,148$24,211
NICK LINDBERGCHIEF INFORMATION OFFICER
Officer
0.2$0$227,297$1,975
FLEMING MENGCIO (UNTIL 1/13/23)
Officer
0$0$110,080$0
RANDALL L STAMPERBOARD MEMBER
Trustee or director
0.1$0$73,000$0
ALAN GRIFFITHBOARD MEMBER
Trustee or director
0.1$0$63,000$0
WILLIAM G YOUNG JRCHAIR
Trustee or director, Officer
0.1$0$0$0
HARRY G DITTMANNBOARD MEMBER
Trustee or director
0.1$0$0$0
G ROBERT OVERHISER JRBOARD MEMBER
Trustee or director
0.1$0$0$0
BRUCE L CASTOR ESQBOARD MEMBER
Trustee or director
0.1$0$0$0
BRUCE DEARNLEYBOARD MEMBER
Trustee or director
0.1$0$0$0

Address and contacts

Address (IRS master file)
2000 JOSHUA RD, LAFAYETTE HL, PA 19444-2430
Principal officer (990 for 2024)
JOHN H COCHRANE III, 1900 HUNTINGTON DRIVE, DUARTE, CA 91010
Signed the 990
ANDREW MCDONALD, CHIEF FINANCIAL OFFICER
Phone
(610) 834-1001
Return prepared by
BAKER TILLY ADVISORY GROUP LP

Mission

AT HUMANGOOD WE BELIEVE EVERYONE SHOULD HAVE THE OPPORTUNITY TO LIVE WITH ENTHUSIASM, CONFIDENCE AND SECURITY, REGARDLESS OF PHYSICAL, SOCIAL, OR ECONOMIC CIRCUMSTANCES. AND WHEN WE SAY EVERYONE, WE MEAN EVERYONE - INCLUDING YOU. BECAUSE WE BELIEVE THIS, OUR MISSION IS TO INSPIRE YOUR BEST LIFE. WE DO THAT BY WORKING HAND-IN-HAND TO CREATE EXPERIENCES THAT MATTER TO YOU.

990 for the year ended December 31, 2024

Program accomplishments

  • THE BALA PRESBYTERIAN HOME FOUNDATION IS INCORPORATED EXCLUSIVELY FOR RELIGIOUS, CHARITABLE, AND EDUCATIONAL PURPOSES AND SUPPORTED THE PURPOSES OF THE PRESBYTERIAN HOME FOR THE AGED COUPLES AND AGED PERSONS OF THE STATE OF PENNSYLVANIA, A SECTION 501(C)(3) ORGANIZATION DESCRIBED IN SECTION 509(A)(1) OF THE INTERNAL REVENUE CODE. THE HOME'S MISSION WAS TO PROVIDE FOR A CONTINUUM OF CARE IN A CHRISTIAN SETTING FOR ELDERLY PRESBYTERIANS AND OTHERS, WITH SPECIAL CONCERN FOR THOSE OF MODEST RESOURCES. THE HOME WAS DISSOLVED SEPTEMBER 26, 2007, BUT THE FOUNDATION CONTINUES TO PROVIDE FINANCIAL SUPPORT TO THE FORMER RESIDENTS OF THE HOME FOR THEIR CARE IN OTHER FACILITIES AND ALSO PROVIDES FINANCIAL SUPPORT TO FURTHER THE MISSION OF HUMANGOOD EAST AND ITS AFFILIATES.
    Expenses $2,956,019 · grants $2,953,482

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in December, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025December 31, 2025May 15, 2026Not on file
2024December 31, 2024May 15, 2025990 on file
2023December 31, 2023May 15, 2024990 on file

IRS record

EIN
23-2834398
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization (509(a)(3))
Donations deductible (Pub 78)
Supporting organization of unknown type
Exempt since
1996
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P110)
Assets (IRS master file)
$70,037,529
Income (IRS master file)
$6,997,182

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$5,828,898$3,190,765$70,037,529XML
990-TDecember 2024–––IRS
990December 2023$3,739,152$3,285,845$65,577,996XML
990-TDecember 2023–––IRS
990December 2022$1,339,025$1,754,605$60,131,382IRS
990December 2021–––IRS
990December 2020–––IRS
990December 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 23-2834398).

Questions about BALA PRESBYTERIAN HOME FOUNDATION

What is the EIN of BALA PRESBYTERIAN HOME FOUNDATION?
The employer identification number (EIN) of BALA PRESBYTERIAN HOME FOUNDATION is 23-2834398.
Is BALA PRESBYTERIAN HOME FOUNDATION tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
Are donations to BALA PRESBYTERIAN HOME FOUNDATION tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization of unknown type).
Which annual return does BALA PRESBYTERIAN HOME FOUNDATION file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of BALA PRESBYTERIAN HOME FOUNDATION due?
The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did BALA PRESBYTERIAN HOME FOUNDATION last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended December 2024.
Who is the principal officer of BALA PRESBYTERIAN HOME FOUNDATION?
The 990 for the year ended December 31, 2024 names JOHN H COCHRANE III.
Who are the officers and directors of BALA PRESBYTERIAN HOME FOUNDATION?
The 990 for the year ended December 31, 2024 lists 16 people; 0 received compensation from the organization.
How much revenue does BALA PRESBYTERIAN HOME FOUNDATION have?
On its 990 for the year ended December 31, 2024 it reported revenue of $5,828,898, expenses of $3,190,765 and total assets of $70,037,529 at year end.

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