Golden Manor Inc 04-04-88
- Assets
- $776.6k
- Revenue
- $1.0m
- Investments
- $0.0
- Employees
- 0
- Location
- Steele, ND
- Founding
- 09/1988
- Data as of
- 12/2021
- EIN
- 36-3586987
Organization Overview
Golden Manor Inc 04-04-88 is located in Steele, ND. The organization was established in 1988. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Golden Manor Inc 04-04-88 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, Golden Manor Inc 04-04-88 generated $1.0m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 2 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $1.0m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (1.6%) per year over the past 2 years. You can explore the organizations financials more deeply in the financial statements section below.
Form
990PF
Mission & Program ActivityExcerpts From the 990PF Filing
TAX YEAR
2021
Describe the Organization's Program Activity:
Part 3 - Line 4a
GOLDEN MANOR, INC. PROVIDES FOR AND FURNISHES FACILITIES FOR LONG-TERM NURSING CARE. GOLDEN MANOR BASIC CARE PROVIDES FORELDERLY, DEVELOPMENTALLY DISABLED, AND THOSE WITH MENTAL ILLNESS.
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 |
|---|---|---|---|
Tracy L Patzner Administrator | 40 | $57,516 | |
Mary Jo Fries Administrator | 40 | $32,044 | |
Matt Aichele Director | 5 | $0 | |
Dean Bayer President | 5 | $0 | |
Shirley Morlock Secretary | 5 | $0 | |
Deb Abbott Treasurer | 5 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Contributions, Gifts, Grants & Similar | $58,954 |
| Interest on Savings | $848 |
| Dividends & Interest | $0 |
| Net Rental Income | -$3,678 |
| Net Gain on Sale of Assets | $0 |
| Capital Gain Net Income | $0 |
| Net ST Capital Gain | $0 |
| Income Modifications | $0 |
| Profit on Inventory Sales | $0 |
| Other Income | $969,979 |
| Total Revenue | $1,032,681 |
| Statement of Expenses | |
|---|---|
| Compensation of officers, directors, trustees, etc | $89,559 |
| Other employee salaries and wages | $596,740 |
| Pension plans, employee benefits | $25,729 |
| Interest | $1,597 |
| Taxes | $51,835 |
| Depreciation | $49,511 |
| Occupancy | $82,520 |
| Travel, conferences, and meetings | $13,698 |
| Printing and publications | $7,509 |
| Other expenses | $95,670 |
| Total operating and administrative expenses | $1,027,677 |
| Contributions, gifts, grants paid | $0 |
| Total expenses and disbursements | $1,027,677 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $191,870 |
| Savings and temporary cash investments | $3,707 |
| Net Accounts receivable | $162,892 |
| Net Pledges Receivable | $0 |
| Grants receivable | $0 |
| Receivables from Officers, Directors, or Controlling Persons | $0 |
| Net other notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $250 |
| Net Investments - land, buildings, equipment | $0 |
| Investments—mortgage loans | $0 |
| Investments—other | $0 |
| Net Land, buildings, and equipment | $416,396 |
| Other assets | $1,513 |
| Total assets | $776,628 |
| Accounts payable and accrued expenses | $34,612 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Mortgages and other notes payable | $124,987 |
| Other liabilities | $0 |
| Total liabilities | $159,599 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Healtheast Care Center-White Bear Lake Minneapolis, MN | $21,500,066 | $19,878,370 |
Baptist Home Inc Edina, MN | $23,839,414 | $18,350,368 |
St Johns Lutheran Home Albert Lea, MN | $48,874,024 | $18,188,441 |
Madison Healthcare Services Madison, MN | $39,706,321 | $23,223,798 |
Catholic Eldercare Minneapolis, MN | $35,653,392 | $18,000,892 |
Ebenezer Ridges Edina, MN | $19,189,354 | $17,159,113 |
Bethany Lutheran Home Sioux Falls, SD | $29,243,342 | $16,408,345 |
Sholom Home West Inc St Louis Park, MN | $13,898,691 | $15,585,899 |
Bethel Lutheran Nursing & Rehabilitation Center Williston, ND | $14,740,286 | $14,698,424 |
Lake Region Lutheran Home Incorporated Moorhead, MN | $11,403,098 | $16,257,793 |
Hendricks Community Hospital Assn & Retirement Home Hendricks, MN | $23,986,558 | $15,908,910 |
Guardian Angels Health Services Inc Elk River, MN | $14,211,394 | $16,994,748 |