Kalamazoo Area Christian Retirement Association, dba Park Village Pines 
The information on this page was last updated 6/10/2026. If you see errors or omissions, please email: [email protected]
Summary
At our three communities of Park Village Pines, residents thrive through compassionate care, faith, and life-enriching relationships with staff, family, and friends.
Our faith-based heritage is at the core of our compassionate care. We have an outstanding reputation as a top provider of senior services in the Kalamazoo area with the state of Michigan's licensing authorities. Our residents are encouraged to be as independent as they want to be and offer a helping hand when certain parts of life become difficult. Park Village Pines has been providing for Kalamazoo's seniors for almost 40 years, making us the most experienced senior care community in the area.
Our modern, updated facilities are on a beautiful, secluded campus which has a country feel while conveniently located on the west side of Kalamazoo. A full range of social activities, events, group outings, and religious services are offered to give meaning and fulfillment to the life of our residents. Our Chaplain and Social Worker are also available for our residents any time for additional support.
Our non-profit status and Christian values allow us to be good stewards of our resources, only charge our residents for the care they need, and make it possible to not require large up-front payments or sign long-term leases. Park Village Pines is considered to be an excellent value in senior services and assisted care in the Kalamazoo area.
Contact information
Mailing address:
Kalamazoo Area Christian Retirement Association
2920 Crystal Lane
Kalamazoo, MI 49009
Website: parkvillagepines.org
Phone: 269-372-1928
Email: [email protected]
Organization details
EIN: 382437167
CEO/President: Dave Bos
Chairman: Dan Johnson
Board size: 11
Founder: Reformed churches in the area
Ruling year: 1983
Tax deductible: Yes
Fiscal year end: 12/31
Member of ECFA: No
Member of ECFA since:
Purpose
Our goal as a faith-based nonprofit is to provide excellent and affordable housing options guided by Christian principles, to promote independence, and provide quality care.
Mission statement
To operate and manage according to law and applicable regulations, a certified home for the aged for qualified residents of Kalamazoo County and its surrounding counties.
Statement of faith
Donor confidence score
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Transparency grade
D
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Financial efficiency ratings
Sector: Community Development
| Category | Rating | Overall rank | Sector rank |
| Overall efficiency rating | | 1107 of 1435 | 96 of 148 |
| Fund acquisition rating | | 614 of 1435 | 52 of 148 |
| Resource allocation rating | | 1131 of 1435 | 116 of 148 |
| Asset utilization rating | | 1097 of 1436 | 109 of 148 |
To understand our financial efficiency ratings, click here.
Financial ratios
| Funding ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Return on fundraising efforts Return on fundraising efforts = Fundraising expense / Total contributions | 6% | 0% | 0% | 0% | 0% | 3% |
Fundraising cost ratio Fundraising cost ratio = Fundraising expense / Total revenue | 4% | 0% | 0% | 0% | 0% | 0% |
Contributions reliance Contributions reliance = Total contributions / Total revenue | 91% | 5% | 8% | 19% | 26% | 7% |
Fundraising expense ratio Fundraising expense ratio = Fundraising expense / Total expenses | 5% | 0% | 0% | 0% | 0% | 0% |
Other revenue reliance Other revenue reliance = Total other revenue / Total revenue | 9% | 95% | 92% | 81% | 74% | 93% |
| Operating ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Program expense ratio Program expense ratio = Program services / Total expenses | 83% | 76% | 80% | 83% | 82% | 82% |
Spending ratio Spending ratio = Total expenses / Total revenue | 96% | 110% | 109% | 99% | 91% | 99% |
Program output ratio Program output ratio = Program services / Total revenue | 79% | 84% | 87% | 83% | 74% | 81% |
Savings ratio Savings ratio = Surplus (deficit) / Total revenue | 4% | -10% | -9% | 1% | 9% | 1% |
Reserve accumulation rate Reserve accumulation rate = Surplus (deficit) / Net assets | 4% | -14% | -10% | 1% | 13% | 1% |
General and admin ratio General and admin ratio = Management and general expense / Total expenses | 11% | 24% | 20% | 17% | 18% | 18% |
| Investing ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Total asset turnover Total asset turnover = Total expenses / Total assets | 1.02 | 0.95 | 0.78 | 0.73 | 0.73 | 0.73 |
Degree of long-term investment Degree of long-term investment = Total assets / Total current assets | 1.89 | 6.61 | 5.12 | 3.88 | 4.13 | 4.34 |
Current asset turnover Current asset turnover = Total expenses / Total current assets | 2.14 | 6.27 | 4.00 | 2.82 | 3.01 | 3.18 |
| Liquidity ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Current ratio Current ratio = Total current assets / Total current liabilities | 12.56 | 2.29 | 3.67 | 4.23 | 4.20 | 5.56 |
Current liabilities ratio Current liabilities ratio = Total current liabilities / Total current assets | 0.07 | 0.44 | 0.27 | 0.24 | 0.24 | 0.18 |
Liquid reserve level Liquid reserve level = (Total current assets - Total current liabilities) / (Total expenses / 12) | 4.79 | 1.08 | 2.18 | 3.24 | 3.04 | 3.09 |
| Solvency ratios | Sector median | 2024 | 2023 | 2022 | 2021 | 2020 |
Liabilities ratio Liabilities ratio = Total liabilities / Total assets | 10% | 41% | 38% | 39% | 41% | 52% |
Debt ratio Debt ratio = Debt / Total assets | 0% | 31% | 33% | 33% | 35% | 47% |
Reserve coverage ratio Reserve coverage ratio = Net assets / Total expenses | 77% | 62% | 79% | 83% | 80% | 66% |
Financials
| Balance sheet | |||||
| Assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Cash | $757,252 | $1,301,917 | $699,534 | $1,704,706 | $2,181,174 |
| Receivables, inventories, prepaids | $243,578 | $186,805 | $1,657,147 | $689,095 | $226,887 |
| Short-term investments | $180,312 | $180,312 | $110,541 | $0 | $0 |
| Other current assets | $0 | $0 | $0 | $0 | $0 |
| Total current assets | $1,181,142 | $1,669,034 | $2,467,222 | $2,393,801 | $2,408,061 |
| Long-term investments | $0 | $0 | $0 | $0 | $0 |
| Fixed assets | $6,624,577 | $6,884,355 | $7,106,482 | $7,500,903 | $8,036,817 |
| Other long-term assets | $0 | $0 | $0 | $0 | $0 |
| Total long-term assets | $6,624,577 | $6,884,355 | $7,106,482 | $7,500,903 | $8,036,817 |
| Total assets | $7,805,719 | $8,553,389 | $9,573,704 | $9,894,704 | $10,444,878 |
| Liabilities | 2024 | 2023 | 2022 | 2021 | 2020 |
| Payables and accrued expenses | $505,315 | $454,263 | $583,423 | $569,871 | $433,184 |
| Other current liabilities | $11,000 | $0 | $0 | $0 | $0 |
| Total current liabilities | $516,315 | $454,263 | $583,423 | $569,871 | $433,184 |
| Debt | $2,416,639 | $2,792,525 | $3,156,645 | $3,508,267 | $4,940,337 |
| Due to (from) affiliates | $0 | $0 | $0 | $0 | $0 |
| Other long-term liabilities | $248,912 | $23,709 | $23,709 | $26,500 | $26,500 |
| Total long-term liabilities | $2,665,551 | $2,816,234 | $3,180,354 | $3,534,767 | $4,966,837 |
| Total liabilities | $3,181,866 | $3,270,497 | $3,763,777 | $4,104,638 | $5,400,021 |
| Net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Without donor restrictions | $4,455,298 | $5,092,898 | $5,641,372 | $5,665,162 | $4,999,485 |
| With donor restrictions | $168,555 | $189,994 | $168,555 | $124,904 | $45,372 |
| Net assets | $4,623,853 | $5,282,892 | $5,809,927 | $5,790,066 | $5,044,857 |
| Revenues and expenses | |||||
| Revenue | 2024 | 2023 | 2022 | 2021 | 2020 |
| Total contributions | $351,336 | $467,991 | $1,306,862 | $2,055,664 | $528,966 |
| Program service revenue | $6,413,419 | $5,797,217 | $5,669,879 | $5,899,851 | $7,149,878 |
| Membership dues | $0 | $0 | $0 | $0 | $0 |
| Investment income | $19,616 | $22,731 | ($354) | $7,804 | $905 |
| Other revenue | ($37,621) | ($165,606) | $33,228 | ($23,041) | $43,329 |
| Total other revenue | $6,395,414 | $5,654,342 | $5,702,753 | $5,884,614 | $7,194,112 |
| Total revenue | $6,746,750 | $6,122,333 | $7,009,615 | $7,940,278 | $7,723,078 |
| Expenses | 2024 | 2023 | 2022 | 2021 | 2020 |
| Program services | $5,644,046 | $5,342,067 | $5,812,412 | $5,902,976 | $6,260,050 |
| Management and general | $1,759,451 | $1,333,421 | $1,156,255 | $1,291,165 | $1,385,372 |
| Fundraising | $578 | $0 | $989 | $928 | $17,903 |
| Total expenses | $7,404,075 | $6,675,488 | $6,969,656 | $7,195,069 | $7,663,325 |
| Change in net assets | 2024 | 2023 | 2022 | 2021 | 2020 |
| Surplus (deficit) | ($657,325) | ($553,155) | $39,959 | $745,209 | $59,753 |
| Other changes in net assets | $0 | $0 | $0 | $0 | $0 |
| Total change in net assets | ($657,325) | ($553,155) | $39,959 | $745,209 | $59,753 |
Compensation
| Name | Title | Compensation |
| Dave Bos | CEO | $172,699 |
| Mark Smith | Finance Director | $133,147 |
| Melissa Peebles | Director of Resident Care | $126,097 |
Compensation data as of: 12/31/2024
Response from ministry
No response has been provided by this ministry.
The information below was provided to MinistryWatch by the ministry itself. It was last updated 6/10/2026. To update the information below, please email: [email protected]
History
1979 - Representatives of a number of churches of the Reformed faith in the area initiate the effort to form an Association to seek members from area churches of the Reformed faith that will support the establishment of a Christian retirement home in Kalamazoo.
1983 - The Kalamazoo Area Christian Retirement Association (KACRA) purchases Park Village Pines, a retirement community built in 1979.
1994 - 25 acres bordering the west end of our campus was purchased.
1990s - Park Village Pines begins to broaden its scope of service from being a retirement home to an assisted living facility providing care for all seniors of the Kalamazoo area.
2000 - Crystal Woods, a 20-room memory care community was opened on the southeast edge of our campus property.
2005 - A 20-room addition on the west side of the original Park Village Pines was opened which featured larger rooms and two suites.
2011 - Oakview Terrace, a state-of-the-art residential community of 30 beds offering specialized care which connected Park Village Pines and Crystal Woods, was opened on the northeast edge of our property.
2018 - A nearly $2 million renovation was completed at Park Village Pines. Updates were made to the flooring, lighting, and electrical wiring. Renovations were made to our hallways, residential rooms, kitchen, and a new front lobby transforming many areas that needed refreshing.