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Nonprofit · EIN 27-3040964

PROGRESSIVE ELDERCARE SERVICES INC

Tax-exempt · MAGNOLIA, AR 71753

Financials

$1.1M$1.6M2023$835K$552K2024
Revenue Expenses · by fiscal year end
Financials of PROGRESSIVE ELDERCARE SERVICES INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
December 31, 2024990$835,086$552,015$283,071$260,734$335,024-$74,290
December 31, 2023990$1,101,740$1,633,003-$531,263-$26,339$331,022-$357,361
Financial details: 990 for the year ended December 31, 2024

Revenue

Contributions, gifts and grants
$775,000
Program service revenue
$0
Investment income
$9,305
Other revenue
$50,781

Expenses

Grants and similar amounts paid
$0
Salaries, compensation and benefits (total)
$0
Professional fundraising fees
$0
Legal fees
$32,625
Accounting fees
$10,875
Management and general (functional)
$552,015

Balance sheet and other

Total assets, start of year
-$26,339
Total assets, end of year
$260,734
Total liabilities, end of year
$335,024
Net assets, end of year
-$74,290
Net assets without donor restrictions
-$74,290
Gross receipts
$835,086
Employees
0
Volunteers
5
Year formed
2010
State of legal domicile
AR

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 / weekCompensation
W JARRED FRANKLIN ESQPRESIDENT
Trustee or director, Officer
1$0
DENISE MCCLAINDIRECTOR
Trustee or director
1$0
JIM BADAMI ESQDIRECTOR
Trustee or director
1$0
PHAM LIEM MDDIRECTOR
Trustee or director
1$0
NANCY BROWNDIRECTOR
Trustee or director
1$0
990 for the year ended December 31, 2023: 5 people
NameTitleHours / weekCompensation
W JARRED FRANKLIN ESQPRESIDENT
Trustee or director, Officer
1$0
DENISE MCCLAINDIRECTOR
Trustee or director
1$0
JIM BADAMI ESQDIRECTOR
Trustee or director
1$0
PHAM LIEM MDDIRECTOR
Trustee or director
1$0
NANCY BROWNDIRECTOR
Trustee or director
1$0

Address and contacts

Address (IRS master file)
38 WARNOCK SPRINGS RD, MAGNOLIA, AR 71753-9000
In care of
% WILLIAM JARRED FRANKLIN
Principal officer (990 for 2024)
W JARRED FRANKLIN SR, 38 WARNOCK SPRINGS ROAD, MAGNOLIA, AR 71753
Signed the 990
W JARRED FRANKLIN SR, PRESIDENT
Phone
(905) 427-5007
Return prepared by
JTAYLOR & ASSOCIATES LLC

Mission

THE ORGANIZATION PROVIDES AFFORDABLE SKILLED NURSING AND REHABILITATIVE CARE TO ILL, INFIRM, MEDICALLY DISABLED AND ELDERLY INDIVIDUALS IN A NON-TRADITIONAL LONG-TERM CARE ENVIRONMENT UTILIZING THE "CULTURE CHANGE OR "PERSON-CENTERED" CARE MODEL.

990 for the year ended December 31, 2024

Program accomplishments

  • PROGRESSIVE ELDERCARE SERVICES ("PROGRESSIVE") ACTS TO FACILITATE THE OPERATION OF LONG-TERM CARE FACILITIES WITH THE "CULTURE CHANGE" POLICY. THIS MODEL IS MAINTAINED THROUGH PROGRESSIVE'S SUPERVISION AND CONTROL OVER ITS AFFILIATED ORGANIZATIONS THROUGH: (1) EMPLOYMENT OF THE PRESIDENT/ADMINISTRATOR OF EACH ORGANIZATION;(2)ELECTION OF THE BOARD OF DIRECTORS OF EACH ORGANIZATION; (3) ABILITY TO DISSOLVE EACH ORGANIZATION IF NECESSARY; (4) ESTABLISH AND AMEND THE ADMISSION POLICY OF EACH ORGANIZATION; AND (5) ESTABLISH AND AMEND THE "CULTURE CHANGE" POLICY OF EACH ORGANIZATION. PROGRESSIVE EMPLOYS THE ADMINISTRATORS OF EACH ORGANIZATION AND LEASES SUCH ADMINISTRATORS TO FACILITIES FOR THE AMOUNT OF EXPENSE INCURRED BY PROGRESSIVE IN EMPLOYING EACH SUCH PERSON. THE COMBINED ORGANIZATION SERVED OVER 308 RESIDENTS IN 2023.

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
27-3040964
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Supporting organization, Type III functionally integrated
Donations deductible (Pub 78)
Supporting organization, 50% limit
Exempt since
2014
Accounting year ends
December
Files
Form 990 or 990-EZ
Category (NTEE)
Health care (E12)
Assets (IRS master file)
$260,734
Income (IRS master file)
$835,086

Filing history

FormYear endedRevenueExpensesAssetsReturn
990December 2024$835,086$552,015$260,734XML
990December 2023$1,101,740$1,633,003-$26,339XML
990December 2022$634,120$509,888$174,627IRS
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 27-3040964).

Questions about PROGRESSIVE ELDERCARE SERVICES INC

What is the EIN of PROGRESSIVE ELDERCARE SERVICES INC?
The employer identification number (EIN) of PROGRESSIVE ELDERCARE SERVICES INC is 27-3040964.
Is PROGRESSIVE ELDERCARE SERVICES INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2014.
Are donations to PROGRESSIVE ELDERCARE SERVICES INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Supporting organization, 50% limit).
Which annual return does PROGRESSIVE ELDERCARE SERVICES INC 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 PROGRESSIVE ELDERCARE SERVICES INC 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 PROGRESSIVE ELDERCARE SERVICES INC 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 PROGRESSIVE ELDERCARE SERVICES INC?
The 990 for the year ended December 31, 2024 names W JARRED FRANKLIN SR.
Who are the officers and directors of PROGRESSIVE ELDERCARE SERVICES INC?
The 990 for the year ended December 31, 2024 lists 5 people; 0 received compensation from the organization.
How much revenue does PROGRESSIVE ELDERCARE SERVICES INC have?
On its 990 for the year ended December 31, 2024 it reported revenue of $835,086, expenses of $552,015 and total assets of $260,734 at year end.

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