Crescent Cove is located in Brooklyn Center, MN. The organization was established in 2010. According to its NTEE Classification (P74) the organization is classified as: Hospices, under the broad grouping of Human Services and related organizations. As of 12/2021, Crescent Cove employed 42 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Crescent Cove 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 12/2021, Crescent Cove generated $2.5m in total revenue. This organization has experienced exceptional growth, as over the past 7 years, it has increased revenue by an average of 32.3% each year . All expenses for the organization totaled $2.0m during the year ending 12/2021. While expenses have increased by 28.3% per year over the past 7 years. They've been increasing with an increasing level of total revenue. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
CRESCENT COVE OFFERS CARE AND SUPPORT TO CHILDREN AND YOUNG ADULTS WITH A SHORTENED LIFE EXPECTANCY, AND THEIR FAMILIES WHO LOVE THEM.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FAMILY SUPPORT - IN 2021, CRESCENT COVE INCREASED THE NUMBER OF FAMILIES SUPPORTED FROM 195 IN 2019 TO 251 IN 2020 TO 298 IN 2021. CHILDREN AND FAMILIES WERE SERVED FOR RESPITE OR END-OF-LIFE CARE OVER 575 NIGHTS IN 2021. FOLLOWING RECEIPT OF A REFERRAL AND COMPLETING ENROLLMENT PAPERWORK, FAMILIES WHO HAVE CHILDREN WITH LIFE-THREATENING CONDITIONS RECEIVE SUPPORT BY BRINGING THEIR CHILD AND/OR FAMILY FOR A SHORT STAY AT CRESCENT COVE'S HOSPICE AND RESPITE HOME IN ORDER TO HAVE A NECESSARY BREAK FROM THE DEMANDING 24/7 CARES FOR THEIR CHILD OR AS A SACRED AND SUPPORTIVE PLACE TO BE WHEN A CHILD IS DYING. CRESCENT COVE HAS REGISTERED NURSES AND CERTIFIED NURSING ASSISTANTS CARING FOR CHILDREN 24/7 WITH SUPPORT FROM A SOCIAL WORKER, MEDICAL DIRECTOR AND DIRECTOR OF NURSING AND OPERATIONS. IN 2021, A CHILD LIFE SPECIALIST WAS ALSO ADDED TO THE CLINICAL TEAM. CRESCENT COVE REMAINED OPEN DURING THE PANDEMIC IN 2021, BUT DID HAVE FEWER CLINICAL STAFF MEMBERS AND CHILDREN STAYING IN EARLY 2021. WHILE SUPPORT SERVICES LIKE MUSIC THERAPY, MASSAGE THERAPY, COUNSELING AND SPIRITUAL CARE ARE TYPICALLY PROVIDED IN-PERSON, FROM JANUARY - MARCH, THESE WERE EITHER NOT OFFERED OR OFFERED ON A VIRTUAL BASIS TO ASSIST WITH REDUCING STRESS, ANXIETY AND PAIN. IN APRIL, 2021, THESE THERAPIES RESUMED IN-PERSON AND WITH HIGH PRECAUTIONS AND CARE. CRESCENT COVE HOSTED A BACK TO SCHOOL GATHERING FOR CRESCENT COVE FAMILIES AND A MEMORIAL EVENT IN SEPTEMBER AT CRESCENT COVE FOR BEREAVED FAMILIES. BOTH EVENTS WERE HIGHLY ATTENDED. IN JUNE, 2021, OUTDOOR PLAYSPACE WAS COMPLETE FOR CHILDREN AND FAMILIES TO ENJOY WHILE AT CRESCENT COVE.ADVOCACY & EDUCATION - A LARGE PART OF CRESCENT COVE'S EFFORT TOWARDS ACHIEVING OUR MISSION IS TO RAISE AWARENESS ABOUT THE NEED FOR ADDITIONAL SUPPORT FOR CHILDREN AND YOUNG ADULTS WITH A SHORTENED LIFE EXPECTANCY AND THEIR FAMILIES AS WELL AS THE SUPPORT PROVIDED AT A RESIDENTIAL CHILDREN'S HOSPICE AND RESPITE CARE HOME IN MINNESOTA. CRESCENT COVE HOSTED ITS ANNUAL PEDIATRIC PALLIATIVE CARE SYMPOSIUM ON A VIRTUAL BASIS IN 2021 WITH LOCAL, NATIONAL AND INTERNATIONAL PARTICIPATION. ADVOCACY WORK WAS ALSO CONDUCTED BY SHARING OUR MISSION BOTH VIRTUAL AND IN-PERSON WITH COMMUNITY GROUPS SUCH AS NAIOP, ROTARY CLUBS, LIONS CLUBS, OPTIMISTS CLUBS, ETC. IN 2021, OUR ADVOCACY EFFORTS INVOLVED FURTHER DEVELOPING A PLAN AND VISITING WITH THE DEPT. OF HUMAN SERVICES TO INQUIRE ABOUT ROOM AND BOARD FEES FOR CHILDREN RECEIVING END-OF-LIFE CARE AT CRESCENT COVE. THIS IS A CRITICAL STEP TOWARDS BUILDING A SUSTAINABLE MODEL TO SERVE CHILDREN AND FAMILIES INTO THE FUTURE.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Katie Lindenfelser Executive Dir. | OfficerTrustee | 32 | $79,129 |
Alicia Bame-Anderson Secretary | OfficerTrustee | 5 | $0 |
Geoff Kaufmann Chair | OfficerTrustee | 5 | $0 |
Raenell Dorn Treasurer | OfficerTrustee | 5 | $0 |
Bill Hickey Director | Trustee | 5 | $0 |
Brian Osberg Director | Trustee | 5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $331,515 |
Related organizations | $0 |
Government grants | $0 |
All other contributions, gifts, grants, and similar amounts not included above | $1,445,901 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,777,416 |
Total Program Service Revenue | $515,141 |
Investment income | $42,746 |
Tax Exempt Bond Proceeds | $0 |
Royalties | $0 |
Net Rental Income | $0 |
Net Gain/Loss on Asset Sales | $122,743 |
Net Income from Fundraising Events | $50,268 |
Net Income from Gaming Activities | $0 |
Net Income from Sales of Inventory | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $2,512,892 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $79,128 |
Compensation of current officers, directors, key employees. | $6,100 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $1,250,253 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $140,177 |
Fees for services: Management | $0 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $0 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $158,404 |
Advertising and promotion | $40,453 |
Office expenses | $17,842 |
Information technology | $40,094 |
Royalties | $0 |
Occupancy | $40,481 |
Travel | $488 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $2,704 |
Interest | $44,837 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $73,553 |
Insurance | $60,621 |
All other expenses | $2,081 |
Total functional expenses | $2,008,903 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $440,304 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $171,675 |
Accounts receivable, net | $27,070 |
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 | $35,821 |
Net Land, buildings, and equipment | $2,187,094 |
Investments—publicly traded securities | $3,265,741 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $8,257 |
Other assets | $49,629 |
Total assets | $6,185,591 |
Accounts payable and accrued expenses | $58,718 |
Grants payable | $0 |
Deferred revenue | $110,380 |
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 | $1,240,000 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $0 |
Total liabilities | $1,409,098 |
Net assets without donor restrictions | $4,626,393 |
Net assets with donor restrictions | $150,100 |
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 | $6,185,591 |
Over the last fiscal year, we have identified 27 grants that Crescent Cove has recieved totaling $644,411.
Awarding Organization | Amount |
---|---|
Network For Good Inc Washington, DC PURPOSE: UNRESTRICTED | $120,470 |
Mightycause Charitable Foundation Marianna, FL PURPOSE: UNRESTRICTED | $120,302 |
The Richard M Schulze Family Foundation Minneapolis, MN PURPOSE: HUMAN SERVICES | $50,000 |
Minnesota Masonic Charities Bloomington, MN PURPOSE: GENERAL SUPPORT | $50,000 |
Saint Paul & Minnesota Foundation Saint Paul, MN PURPOSE: MULTIPLE GRANTS FOR MULTIPLE PURPOSES | $41,472 |
Otto Bremer Trust St Paul, MN PURPOSE: GENERAL OPERATIONS | $35,000 |
Beg. Balance | $25,100 |
Net Contributions | $25,000 |
Ending Balance | $50,100 |
Organization Name | Assets | Revenue |
---|---|---|
Saint Anne Of Winona Minneapolis, MN | $16,379,206 | $17,452,810 |
Cedar Valley Hospice Inc Waterloo, IA | $16,940,612 | $16,803,336 |
Our Lady Of Peace St Paul, MN | $30,478,378 | $14,806,119 |
Rainbow Hospice Care Inc Jefferson, WI | $17,717,854 | $12,464,541 |
Hospice Of Dubuque Dubuque, IA | $4,506,439 | $9,944,404 |
Hospice Alliance Inc Pleasant Prairie, WI | $4,572,721 | $8,328,182 |
Iowa Mennonite Benevolent Association Kalona, IA | $8,686,841 | $6,777,497 |
Iowa City Hospice Inc Iowa City, IA | $6,148,159 | $7,719,720 |
Hospice Of Central Iowa Foundation Des Moines, IA | $17,100,014 | $5,546,755 |
Clare Housing Minneapolis, MN | $11,378,951 | $5,835,851 |
Hospice Of North Iowa Mason City, IA | $25,363,930 | $8,060,695 |
Prairie Home Hospice Inc Marshall, MN | $3,019,803 | $3,521,560 |