Mertens House Inc
- Assets
- $28.7m
- Revenue
- $2.4m
- Investments
- $0.0
- Employees
- 47
- Location
- Woodstock, VT
- Founding
- 12/1984
- Data as of
- 12/2022
- EIN
- 03-0293103
Organization Overview
Mertens House Inc is located in Woodstock, VT. The organization was established in 1984. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 12/2022, Mertens House Inc employed 47 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mertens House Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
For the year ending 12/2022, Mertens House Inc generated $2.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.1%) each year. All expenses for the organization totaled $2.8m during the year ending 12/2022. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2022
Describe the Organization's Mission:
Part 3 - Line 1
A 14 BED LONG TERM CARE FACILITY PROVIDING INDIVIDUALIZED CARE 24 HOURS A DAY IN A HOME-LIKE SETTING.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NURSING SERVICES - RESIDENTS ARE GIVEN A CARE PLAN BASED ON THEIR SPECIFIC NEEDS. THE NURSING STAFF PROVIDES ALL RESIDENTS WITH INDIVIDUALIZED CARE WHILE ENCOURAGING AS MUCH INDEPENDENCE AS POSSIBLE.
DIETARY SERVICES - THE REGISTERED DIETICIAN CUSTOMIZES LIBERAL, GERIATRIC MENUS AND FOLLOWS ANY SPECIAL PHYSICIAN ORDERED DIETS, WHILE ALSO CONSIDERING INDIVIDUAL LIKES AND DISLIKES.
ACTIVITIES - THE ACTIVITIES DIRECTOR PLANS WEEKLY ACTIVITIES FOR THE RESIDENTS, WHICH INCLUDES MUSIC, CRAFTS, POETRY, PET GAMES, REMINISCING, AND FELLOWSHIP.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Isabelle Bradley Vice President | OfficerTrustee | 1.5 | $0 |
Ray Bourgeois Trustee | Trustee | 1 | $0 |
Rich Kozlowski Treasurer | OfficerTrustee | 1.5 | $0 |
Rebecca Talcott Secretary | OfficerTrustee | 1.5 | $0 |
Rick Fiske President | OfficerTrustee | 1.5 | $0 |
Bruce Seely Trustee | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $46,000 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,100 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $47,100 |
| Total Program Service Revenue | $1,470,061 |
| Investment income | $632,990 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $260,435 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,424,579 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $551,431 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $160,702 |
| Compensation of current officers, directors, key employees. | $85,734 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,163,964 |
| Pension plan accruals and contributions | $1,790 |
| Other employee benefits | $115,476 |
| Payroll taxes | $96,993 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $775 |
| Fees for services: Accounting | $15,500 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $107,448 |
| Fees for services: Other | $119,978 |
| Advertising and promotion | $9,914 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $68,618 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $117,448 |
| Insurance | $45,049 |
| All other expenses | $8,175 |
| Total functional expenses | $2,842,064 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $88,081 |
| Savings and temporary cash investments | $41,539 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,872 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $12,676 |
| Prepaid expenses and deferred charges | $40,196 |
| Net Land, buildings, and equipment | $1,125,994 |
| Investments—publicly traded securities | $27,363,710 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,055 |
| Total assets | $28,691,123 |
| Accounts payable and accrued expenses | $154,178 |
| Grants payable | $0 |
| Deferred revenue | $56,714 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $210,892 |
| Net assets without donor restrictions | $2,383,188 |
| Net assets with donor restrictions | $26,097,043 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $28,691,123 |