Frasier Meadows Manor Inc
72% goes to programs $1 to raise $100 Strong reserves Growing revenue
Frasier Meadows Manor Inc is a 501(c)(3) organization based in Boulder, Colorado, registered in 1964, with $63,265,847 in FY2024 revenue. CharityIndex grades it A, and it directs about 72% of spending to programs.
350 Ponca Place, Boulder, CO, 80303 EIN 84-0503809 Since 1964
Revenue (FY2024)
$63.3M
▲ 20.0% vs prior year
Human Services median: $293K
Expenses (FY2024)
$59.6M
Net assets
$42.1M
Employees
394
CharityIndex rating
One independent A+ to F grade from four published criteria, each scored separately from IRS filings and combined by weight.
A
BProgram efficiency40% of the rating72% to programs · $1 to raise $100
Measures how much of every dollar spent actually reaches programs, plus what it costs to raise $100 of donations. The worse of the two measures sets the letter (85%+ to programs is an A; under $15 to raise $100 is an A), averaged over the three most recent filings. For Frasier Meadows Manor Inc: 72% to programs · $1 to raise $100 earns a B on this criterion. See the exact thresholds →
AFinancial health25% of the rating8 mo reserves · +6% margin
Measures whether the organization is built to last: how many months its reserves would cover expenses (3+ months earns an A-range score, but hoarding 5+ years of budget is capped) and whether it runs a surplus or a deficit. For Frasier Meadows Manor Inc: 8 mo reserves · +6% margin earns a A on this criterion. See the exact thresholds →
A+Governance25% of the rating6 of 6 checks met
Checks how the organization is run, from its own Form 990: an independent board majority, a board of five or more, conflict-of-interest, whistleblower and document-retention policies, and independently audited financials. The share of disclosed checks that pass sets the letter. For Frasier Meadows Manor Inc: 6 of 6 checks met earns a A+ on this criterion. See the exact thresholds →
ATransparency10% of the rating4 of 5 disclosure signals
Counts five disclosure signals: a recent filing, a mission statement, program descriptions, a listed website, and the full expense breakdown. More disclosure, better letter. For Frasier Meadows Manor Inc: 4 of 5 disclosure signals earns a A on this criterion. See the exact thresholds →
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Mission
Provide housing, healthcare, and related services to senior citizens through a retirement facility.
Contact & location
- Address
- 350 Ponca Place, Boulder, CO, 80303
- City
- Boulder
- State
- Colorado
- Category
- Human Services
- Subcategory
- Residential Care
- Phone
- …
- Website
- …
Financial trends
Revenue grew from $21.9M (FY2013) to $63.3M (FY2024) across 12 reported years.
Financial snapshot
Financial health & position (FY2024)
Liabilities $230.2MNet assets $42.1M
Operating margin
5.8%
Revenue exceeded expenses in the latest fiscal year.
Total assets
$272.3M
Total liabilities
$230.2M
Net assets
$42.1M
Salaries & benefits
$18.1M
30% of expenses
Board members
8
8 independent
Financials by year
| Fiscal year | Revenue | Expenses | Net assets | Total assets | Form |
|---|---|---|---|---|---|
| 2024 | $63,265,847▲20.0% | $59,624,067▲29.8% | $42,072,179▲26.4% | $272,263,500▲3.4% | 990 |
| 2023 | $52,710,122▲16.5% | $45,931,288▲4.1% | $33,293,448▲55.5% | $263,292,730▲3.6% | 990 |
| 2022 | $45,261,389▲11.1% | $44,112,803▲7.4% | $21,413,465▲42.2% | $254,252,055▲0.8% | 990 |
| 2021 | $40,732,560▲9.1% | $41,062,328▼2.6% | $15,062,449▼32.5% | $252,296,856▼0.4% | 990 |
| 2020 | $37,341,851▲27.3% | $42,145,605▲19.9% | $22,327,685▲27.1% | $253,254,527▲2.9% | 990 |
| 2019 | $29,324,723▲9.6% | $35,149,529▲26.6% | $17,569,943▼23.8% | $246,137,552▲11.0% | 990 |
| 2018 | $26,763,645▲0.8% | $27,766,127▲5.8% | $23,044,531▼7.0% | $221,817,049▲1.1% | 990 |
| 2017 | $26,551,024▲10.2% | $26,234,992▲5.8% | $24,782,817▲1.3% | $219,403,605▲39.0% | 990 |
| 2016 | $24,089,465▲0.9% | $24,791,380▲10.2% | $24,461,604▲8.8% | $157,862,792▲56.7% | 990 |
| 2015 | $23,870,558▲15.8% | $22,504,426▲4.1% | $22,475,750▲3.5% | $100,748,423▼1.4% | 990 |
| 2014 | $20,607,030▼6.0% | $21,627,761▼5.5% | $21,705,439▲2.1% | $102,182,804▲1.9% | 990 |
| 2013 | $21,920,366 | $22,893,744▼7.2% | $21,252,659▼9.7% | $100,323,751▼4.3% | 990 |
| 2012 | — | $24,660,720▲5.9% | $23,540,737▲23.0% | $104,778,971▲3.9% | 990 |
| 2011 | — | $23,284,981▲5.0% | $19,142,414▲2.0% | $100,816,060▲1.4% | 990 |
| 2010 | — | $22,169,852 | $18,773,611 | $99,430,692 | 990 |
Original Form 990 PDFs (the Form column) are served by ProPublica Nonprofit Explorer, as filed with the IRS. Create a free account to download the CSV report.
Leadership & compensation (FY2024)
Highest-paid: Christina Hinrichs — $652,892 (1.10% of total expenses)
| Name | Title | Hours/week | Compensation |
|---|---|---|---|
| Christina Hinrichs | President and Ceo | 40 | $652,892 |
| Nikki Lewis | Cfo | 40 | $371,266 |
| Colleen Mallon | Chief Growth Officer | 40 | $316,098 |
| Tomas Mendez Vp of | Operations (through March 2025) | 40 | $270,588 |
| Michelle Mcparland | Vp of Health | 40 | $229,267 |
| Jennifer Houghtaling | Vp of Hr (through May 2025) | 40 | $196,061 |
| Jeffrey Puckett | Director of It | 40 | $183,410 |
| Corey Dragge | Director of Facilities | 40 | $146,067 |
| Stacy Ludwig | Director of Sales | 40 | $134,632 |
| Betty Hoye - Secretary | Then Treasurer | 2 | — |
| Cheryl Runyon | Director | 2 | — |
| Jim Williams | Chair | 2 | — |
| John Tilton | Director | 2 | — |
| Ken Hostelley | Director | 2 | — |
| Mark Liebetrau | Director | 2 | — |
| Rick Lawrence | Treasurer (through May 2025) | 2 | — |
| Stephanie Kidwell | Director Then Secretary | 2 | — |
| Susan Connelly | Vice Chair | 2 | — |
Top vendors & contractors (FY2024)
| Contractor | Services | Paid |
|---|---|---|
| Boulder Associates | Architectural Services | $823,596 |
| D G Construction Inc | Labor and Materials For Apartment Renova | $748,661 |
| Haynes Mechanical Systems Inc | Hvac Systems | $713,713 |
| Ari Inc | Construction Development Advisory | $151,271 |
| Duro Electric Co | Electrical Contractor | $145,601 |
Grants received · $371K total
25 grants to Frasier Meadows Manor Inc totaling $371K, reported by foundations on their Schedule I filings — showing the 15 most recent.
| Grantmaker | Purpose | Year | Amount |
|---|---|---|---|
| Colorado Gives Foundation | General purpose | 2024 | $33,380 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2024 | $17,500 |
| American Endowment Foundation | Human service | 2023 | $22,000 |
| Colorado Gives Foundation | General purpose | 2023 | $21,108 |
| The Us Charitable Gift Trust | For recipient's exempt purpose | 2023 | $20,000 |
| Donor Advised Charitable Giving | Human services | 2023 | $15,650 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2023 | $5,700 |
| Fidelity Investments Charitable Gift Fund | For grant recipient's exempt purposes | 2022 | $15,150 |
| American Endowment Foundation | Human service | 2022 | $10,000 |
| Colorado Gives Foundation | General purpose | 2022 | $9,425 |
| Donor Advised Charitable Giving | Human services | 2022 | $6,200 |
| Donor Advised Charitable Giving | Human services | 2021 | $19,150 |
| Colorado Gives Foundation | General purpose | 2021 | $10,475 |
| American Endowment Foundation | Human service | 2021 | $10,000 |
| Colorado Gives Foundation | General purpose | 2020 | $24,300 |
Grants made · $12.4M in FY2024
6 grants totaling $12.4M in FY2024. All grants made by Frasier Meadows Manor Inc →
| Recipient | Purpose | Amount |
|---|---|---|
| Frasier Living Inc | Operating support | $12,221,310 |
| Boulder Housing Partners Foundation | To support the refurbishment and reactivation of a commercial kitchen serving our residents, as well as provide funding for resident emergency assistance and general senior programming | $75,300 |
| Sister Carmen | The family development rent program provides 36 months of rental assistance for seniors, while pairing them with an advocate for one-on-one support. | $20,000 |
| Tru Community Care | To support our grandpads program which aids our work to serve at-risk, low-income, older, frail, and/or disabled individuals who reside in boulder county, providing a comprehensive and individualized approach to care for seniors in our community. | $20,000 |
| Boulder Presbyterian Housing Inc | To provide affordable, safe, and comfortable independent apartment living for qualified seniors 62 years old or older. | $20,000 |
| Harvest of Hope Pantry | To provide healthy supplemental food to boulder families and individuals in need of food assistance within a safe, welcoming and non-judgmental environment. | $15,000 |
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Compare Frasier Meadows Manor Inc
Frequently asked questions
- Is Frasier Meadows Manor Inc a legitimate nonprofit?
- Yes. Frasier Meadows Manor Inc is a 501(c)(3) organization registered with the U.S. Internal Revenue Service under EIN 84-0503809, based in Boulder, Colorado. Donations are tax-deductible.
- What is Frasier Meadows Manor Inc's EIN?
- Frasier Meadows Manor Inc's Employer Identification Number (EIN) is 84-0503809.
- How much revenue does Frasier Meadows Manor Inc report?
- Frasier Meadows Manor Inc reported $63,265,847 in total revenue on its fiscal year 2024 IRS Form 990 filing.
- How much of Frasier Meadows Manor Inc's spending goes to programs?
- Frasier Meadows Manor Inc spends about 72% of its total expenses on programs, based on its latest IRS Form 990.
- What financial grade does Frasier Meadows Manor Inc have?
- CharityIndex grades Frasier Meadows Manor Inc A, based on program efficiency and fundraising cost.
- How much does Frasier Meadows Manor Inc's highest-paid employee make?
- The highest reported compensation on Frasier Meadows Manor Inc's latest Form 990 is $652,892, paid to Christina Hinrichs (President and Ceo).
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Data for Frasier Meadows Manor Inc (EIN 84-0503809) comes from the IRS Business Master File and e-filed Form 990 returns, via CharityIndex. Figures reflect what the organization reported to the IRS for each fiscal year.