Benedictine Living Community Owatonna
- Assets
- $16.3m
- Revenue
- $11.5m
- Investments
- $0.0
- Employees
- 220
- Location
- Minneapolis, MN
- Founding
- 04/2010
- Data as of
- 06/2022
- EIN
- 27-0705237
Organization Overview
Benedictine Living Community Owatonna is located in Minneapolis, MN. The organization was established in 2010. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2022, Benedictine Living Community Owatonna employed 220 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Benedictine Living Community Owatonna 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 06/2022, Benedictine Living Community Owatonna generated $11.5m in total revenue. This represents relatively stable growth, over the past 5 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $11.1m during the year ending 06/2022. 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
BY WORKING TOGETHER, OUR MISSION IS TO INTEGRATE A CONTINUUM OF SERVICES WITH GENUINE COMPASSIONATE CARE FOR OUR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF BENEDICTINE LIVING COMMUNITY - OWATONNA IS A 79-BED SKILLED NURSING FACILITY IN OWATONNA, MN. THE FACILITY HAD 95.2% OCCUPANCY AND SERVED 514 INDIVIDUALS DURING THE YEAR ENDED 6/30/22.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Carley CEO Of Bhs | Officer | 1 | $0 |
Kevin Rymanowski CFO Of Bhs & Treasurer | OfficerTrustee | 1 | $0 |
Jennifer Bruhn Operations VP | OfficerTrustee | 1 | $0 |
Eduardo Kabristante Registered Nurse | 40 | $104,897 | |
Lisa Kern Executive Director | Officer | 40 | $0 |
Wanda Deleon Cna-Nar | 40 | $105,061 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Benedictine Health System Management Services | 6/29/22 | $662,771 |
Rtg Medical Temporary Nursing Staffing | 6/29/22 | $758,008 |
Evident Staffing Llc Temporary Nursing Staffing | 6/29/22 | $145,309 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $81,908 |
| Government grants | $568,700 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $650,608 |
| Total Program Service Revenue | $10,716,646 |
| Investment income | -$4,322 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,490,805 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $163,327 |
| Grants and other assistance to domestic individuals. | $3,331 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $5,056,191 |
| Pension plan accruals and contributions | $56,562 |
| Other employee benefits | $753,912 |
| Payroll taxes | $374,816 |
| Fees for services: Management | $662,771 |
| Fees for services: Legal | $50 |
| Fees for services: Accounting | $16,425 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,362,437 |
| Advertising and promotion | $28,513 |
| Office expenses | $59,222 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $419,712 |
| Travel | $38,721 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $394,645 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $502,747 |
| Insurance | $100,412 |
| All other expenses | $58,119 |
| Total functional expenses | $11,143,574 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,720,615 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,415,568 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $46,599 |
| Net Land, buildings, and equipment | $11,459,994 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $882,431 |
| Other assets | $763,371 |
| Total assets | $16,288,578 |
| Accounts payable and accrued expenses | $794,654 |
| Grants payable | $0 |
| Deferred revenue | $78,741 |
| Tax-exempt bond liabilities | $12,972,546 |
| Escrow or custodial account liability | $15,160 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $117,513 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $41,460 |
| Total liabilities | $14,020,074 |
| Net assets without donor restrictions | $2,199,901 |
| Net assets with donor restrictions | $68,603 |
| 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 | $16,288,578 |
Grants Awarded
Over the last fiscal year, Benedictine Living Community Owatonna has awarded $162,663 in support to 3 organizations.
| Grant Recipient | Amount |
|---|---|
BENEDICTINE HEALTH SYSTEM PURPOSE: SYSTEM SUPPORT & STRATEGIC CAPITAL | $30,768 |
BENEDICTINE FOUNDATION PURPOSE: FOUNDATION EXPENSES | $47,132 |
BENEDICTINE LIVING COMMUNITIES INC PURPOSE: STRATEGIC CAPITAL | $84,763 |