Cerenity Senior Care
- Assets
- $47.4m
- Revenue
- $31.3m
- Investments
- $0.0
- Employees
- 742
- Location
- Minneapolis, MN
- Founding
- 10/1987
- Data as of
- 06/2021
- EIN
- 36-3517696
Organization Overview
Cerenity Senior Care is located in Minneapolis, MN. The organization was established in 1987. According to its NTEE Classification (E90) the organization is classified as: Nursing, under the broad grouping of Health Care and related organizations. As of 06/2021, Cerenity Senior Care employed 742 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cerenity Senior Care 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 06/2021, Cerenity Senior Care generated $31.3m in total revenue. The organization has seen a slow decline revenue. Over the past 6 years, revenues have fallen by an average of (1.4%) each year. All expenses for the organization totaled $32.6m during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (1.0%) per year over the past 6 years. 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
TO ASSIST AND COORDINATE ACTIVITIES OF, AND FACILITIES FOR, HEALTH CARE AND RELATED AREAS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF CERENITY CARE CENTER - HUMBOLDT, A 117-BED SKILLED NURSING FACILITY AND CERENITY RESIDENCE - HUMBOLDT, A 127-UNIT ASSISTED LIVING FACILITY IN THE ST. PAUL, MINNESOTA. THE SKILLED NURSING FACILITY HAD 65.9% OCCUPANCY AND SERVED 254 INDIVIDUALS AND THE ASSISTED LIVING FACILITY HAD 77.2% OCCUPANCY AND SERVED 117 INDIVIDUALS DURING THE FISCAL YEAR ENDING 6/30/2021.
OPERATIONS OF DISREGARDED ENTITY - MARIAN CENTER - GEAC, LLC (41-1988959) OPERATES CERENITY RESIDENCE - MARIAN OF ST. PAUL, A 127-UNIT ASSISTED AND INDEPENDENT LIVING FACILITY IN ST. PAUL, MINNESOTA. THE FACILITY HAD 78.9% OCCUPANCY AND SERVED 150 INDIVIDUALS DURING THE FISCAL YEAR ENDING 6/30/21.
OPERATIONS OF DISREGARDED ENTITY - CERENITY - MARIAN OF ST. PAUL, LLC (32-0542938) OPERATES CERENITY CARE CENTER - MARIAN OF ST. PAUL, A 90-BED SKILLED NURSING FACILITY AND A 30-UNIT MEMORY CARE FACILITY IN ST. PAUL, MINNESOTA. THE SKILLED NURSING FACILITY HAD 77.5% OCCUPANCY AND SERVED 292 INDIVIDUALS AND THE MEMORY CARE FACILITY, WHICH OPENED IN JULY 2020, HAD 37.0% OCCUPANCY AND SERVED 26 INDIVIDUALS DURING THE FISCAL YEAR ENDING 6/30/2021.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dauda Ogunfowora Rn | 40 | $113,643 | |
Jerry Carley CEO Of Bhs | OfficerTrustee | 1 | $0 |
Kevin Rymanowski CFO Of Bhs | OfficerTrustee | 1 | $0 |
Jennifer Bruhn President | Officer | 40 | $0 |
Krista Siddiqui Exec Dir Of Humboldt Campus | Officer | 40 | $0 |
Kay Schumacher Executive Director Of Minn | Officer | 40 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Benedictine Health System Management Services | 6/29/21 | $1,922,463 |
Us Food Service - Nw 6059 Food & Culinary Service | 6/29/21 | $1,227,684 |
Mckesson Medical Medical Supplies | 6/29/21 | $419,358 |
Direct Supply Supplies & Equipment | 6/29/21 | $202,428 |
Network Services Company Supplies & Equipment | 6/29/21 | $110,593 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $158,477 |
| Government grants | $1,102,505 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,879 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,265,861 |
| Total Program Service Revenue | $29,660,162 |
| Investment income | $34,056 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $71,605 |
| Net Gain/Loss on Asset Sales | -$882 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $31,253,835 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $183,303 |
| Grants and other assistance to domestic individuals. | $21,894 |
| 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 | $13,423,484 |
| Pension plan accruals and contributions | $259,098 |
| Other employee benefits | $2,029,889 |
| Payroll taxes | $1,080,435 |
| Fees for services: Management | $1,503,816 |
| Fees for services: Legal | $15,614 |
| Fees for services: Accounting | $48,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $49,048 |
| Fees for services: Other | $4,023,509 |
| Advertising and promotion | $118,731 |
| Office expenses | $109,234 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,858,676 |
| Travel | $29,299 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $1,319,734 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,902,094 |
| Insurance | $334,078 |
| All other expenses | $397,681 |
| Total functional expenses | $32,630,071 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,725,861 |
| Savings and temporary cash investments | $1,882,221 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $4,490,252 |
| 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 | $383,100 |
| Net Land, buildings, and equipment | $31,340,206 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,595,992 |
| Total assets | $47,417,632 |
| Accounts payable and accrued expenses | $3,639,583 |
| Grants payable | $0 |
| Deferred revenue | $321,442 |
| Tax-exempt bond liabilities | $13,625,448 |
| Escrow or custodial account liability | $265,494 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $16,753,078 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,057,722 |
| Total liabilities | $35,662,767 |
| Net assets without donor restrictions | $9,972,409 |
| Net assets with donor restrictions | $1,782,456 |
| 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 | $47,417,632 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Cerenity Senior Care has recieved totaling $45,000.
| Awarding Organization | Amount |
|---|---|
Hardenbergh Foundation St Paul, MN PURPOSE: GENERAL OPERATING | $45,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Cerenity Senior Care Minneapolis, MN | $47,417,632 | $31,253,835 |
Episcopal Church Home Of Minnesota St Paul, MN | $16,442,876 | $17,426,878 |
Congregational Home Inc Brrokfield, WI | $34,639,995 | $16,270,483 |
Phs Interlude Fridley Llc Roseville, MN | $15,501,236 | $8,375,930 |
Presbyterian Homes Hospice Inc Roseville, MN | $20,686,662 | $12,409,098 |
Aspirus Extended Services Inc Wausau, WI | $3,801,407 | $4,592,675 |
Sinsinawa Nursing Inc Watertown, WI | $3,412,383 | $7,285,712 |
The Legacy At St Josephs Home Kenosha, WI | $5,673,666 | $3,561,288 |
Walhalla Community Hospital Association Walhalla, ND | $6,708,031 | $3,965,371 |
Oakwood Foundation Inc Madison, WI | $25,308,403 | $3,654,995 |
Pride Wilton Inc Bismarck, ND | $1,528,287 | $1,029,931 |
Nanda International Oconto Falls, WI | $1,162,069 | $476,682 |