Mason City Area Nursing Home Association Inc
- Assets
- $3.5m
- Revenue
- $5.0m
- Investments
- $0.0
- Employees
- 128
- Location
- Mason City, IL
- Founding
- 08/1988
- Data as of
- 12/2021
- EIN
- 37-1168043
Organization Overview
Mason City Area Nursing Home Association Inc is located in Mason City, IL. 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. As of 12/2021, Mason City Area Nursing Home Association Inc employed 128 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mason City Area Nursing Home Association 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 12/2021, Mason City Area Nursing Home Association Inc generated $5.0m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $4.8m during the year ending 12/2021. While expenses have increased by 1.8% 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
NURSING HOME OPERATIONS
Describe the Organization's Program Activity:
Part 3 - Line 4a
NURSING HOME - SKILLED AND INTERMEDIATE HEALTHCAREDURING 2021, 18,215 PATIENT DAYS OF SERVICE PROVIDED
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Rev Jim Sprinkel President | OfficerTrustee | 1 | $0 |
Karen Renken Secretary | OfficerTrustee | 1 | $0 |
Bonnie Dunker Treasurer | OfficerTrustee | 1 | $0 |
Kraig Krause Director | Trustee | 1 | $0 |
Patti Strader Director | Trustee | 1 | $0 |
Robert Griffin Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Heritage Operations Group Llc Management | 12/30/21 | $401,503 |
Select Rehabilitation Inc Therapy | 12/30/21 | $275,963 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $931,814 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,853 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $933,667 |
| Total Program Service Revenue | $4,037,878 |
| Investment income | $1,507 |
| 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 | $4,973,052 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $2,321,212 |
| Pension plan accruals and contributions | $18,439 |
| Other employee benefits | $315,290 |
| Payroll taxes | $190,570 |
| Fees for services: Management | $199,800 |
| Fees for services: Legal | $7,449 |
| Fees for services: Accounting | $19,598 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $468,211 |
| Advertising and promotion | $11,292 |
| Office expenses | $5,867 |
| Information technology | $70,412 |
| Royalties | $0 |
| Occupancy | $93,898 |
| Travel | $556 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,538 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $241,543 |
| Insurance | $197,988 |
| All other expenses | $30,720 |
| Total functional expenses | $4,754,661 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,000 |
| Savings and temporary cash investments | $1,431,274 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $199,174 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $55,597 |
| Prepaid expenses and deferred charges | $30,142 |
| Net Land, buildings, and equipment | $1,737,876 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $3,455,063 |
| Accounts payable and accrued expenses | $349,043 |
| Grants payable | $0 |
| Deferred revenue | $346,910 |
| 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 | $695,953 |
| Net assets without donor restrictions | $2,741,516 |
| Net assets with donor restrictions | $17,594 |
| 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 | $3,455,063 |
Endowment Analysis
| Beg. Balance | $168,407 |
| Net Contributions | $178 |
| Other Expense | $390 |
| Ending Balance | $168,195 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oakwood Village University Woods Homes Inc Madison, WI | $65,944,381 | $14,695,232 |
Methodist Manor Health Center Inc West Allis, WI | $6,950,058 | $15,339,815 |
St Patrick Residence Naperville, IL | $29,023,475 | $20,568,774 |
Visiting Nurse And Hospice Home Inc Fort Wayne, IN | $27,656,641 | $21,519,999 |
Bethany Manor Inc Story City, IA | $35,629,736 | $20,182,256 |
Holy Family Villa Palos Park, IL | $17,637,306 | $12,934,325 |
St Clair Darden Health System Inc South Bend, IN | $21,453,139 | $17,018,170 |
Marion County Horizon Center Salem, IL | $15,469,817 | $24,896,962 |
Greek American Rehabilitation And Care Centre Inc Wheeling, IL | $12,789,386 | $17,929,262 |
Penta Group Inc Centralia, IL | $8,034,770 | $18,495,604 |
Cedar Crest Inc Janesville, WI | $47,272,483 | $15,719,717 |
Wittenberg Lutheran Village Inc Crown Point, IN | $21,140,856 | $12,598,437 |