Christian Care reports $1.36 million net loss for September period

By Sarah Lizee

Olympia, Wash., Oct. 25 – Christian Care Communities & Services reported a $1.36 million net loss for September on $2.65 million of gross income/sales, according to its monthly operating report filed with the U.S. Bankruptcy Court for the Northern District of Texas.

The cash balance at the end of the month was $7.25 million.

The Texas-based non-profit faith-based organization operates three communities for seniors in Mesquite, Fort Worth and Allen. The company filed bankruptcy on May 23 under Chapter 11 case number 22-80000.

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