Marwood Manor Nursing Home
- Assets
- $35.4m
- Revenue
- $24.3m
- Investments
- $0.0
- Employees
- 450
- Location
- Port Huron, MI
- Founding
- 11/1986
- Data as of
- 09/2021
- EIN
- 38-2683251
Organization Overview
Marwood Manor Nursing Home, operating under the name Marwood Manor Nursing And Rehab, is located in Port Huron, MI. The organization was established in 1986. 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 09/2021, Marwood Manor Nursing And Rehab employed 450 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Marwood Manor Nursing And Rehab 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 09/2021, Marwood Manor Nursing And Rehab generated $24.3m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.8% each year. All expenses for the organization totaled $22.7m during the year ending 09/2021. While expenses have increased by 2.1% per year over the past 6 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
TO PROVIDE OUR RESIDENTS WITH QUALITY CARE IN A SAFE AND COMFORTABLE ENVIRONMENT.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDED NURSING HOME SERVICES. CURRENTLY, THE NURSING HOME HAS 240 BEDS. DURING FY 2021 530 PATIENTS WERE ADMITTED, OF WHICH 351 (OR 66.2%) CAME FROM MCLAREN PORT HURON HOSPITAL. TOTAL PATIENT DAYS WERE 68,132. A TOTAL OF 83% OF PATIENT DAYS REPRESENTS CARE TO THE INDIGENT AND ELDERLY POPULATION OF THE COMMUNITY THROUGH THE MEDICAID AND MEDICARE PROGRAMS. 4,396 MEDICARE HMO DAYS8,116 MEDICARE DAYS41,078 MEDICAID DAYS2,971 MEDICAID HOSPICE DAYS$1,413,893 IN GRANT MONIES WERE RECEIVED FROM STATE OF MICHIGAN TO REIMBURSE FOR ADDITIONAL PAY PROVIDED TO DIRECT CARE WORKERS. $250,300 WAS REALIZED AND BOOKED AS REVENUE IN FY2021 FROM FEDERAL STIMULUS MONIES FROM CARES ACT. THIS WAS BASED ON DECREASED PATIENT REVENUE BETWEEN APRIL - JULY 2021 ACTUAL VERSES BUDGETED PATIENT REVENUES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Brian Oberly Administrator | Officer | 40 | $173,614 |
Diane Schunk Nurse Practitioner | 40 | $123,472 | |
Kim Koester Director Of Nursing | 40 | $112,972 | |
John Jarad MD Medical Director | Trustee | 8 | $27,720 |
Mike Turnbull Chairman | OfficerTrustee | 1 | $0 |
Richard Leveveille Vice Chairman | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Concept Rehab Inc Therapy Services | 9/29/18 | $252,930 |
Watson Bros Service Co Plumbing, Heating/ac | 9/29/18 | $118,404 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,119,953 |
| 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 | $2,119,953 |
| Total Program Service Revenue | $21,340,746 |
| Investment income | $855,899 |
| 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 | $24,316,598 |
| 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. | $250,099 |
| Compensation of current officers, directors, key employees. | $222,379 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $11,994,210 |
| Pension plan accruals and contributions | $161,142 |
| Other employee benefits | $1,600,195 |
| Payroll taxes | $846,145 |
| Fees for services: Management | $8,223 |
| 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 | $3,015,424 |
| Advertising and promotion | $84,627 |
| Office expenses | $1,265,369 |
| Information technology | $251,971 |
| Royalties | $0 |
| Occupancy | $324,833 |
| Travel | $60 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,005 |
| Interest | $49,089 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $927,100 |
| Insurance | $9,982 |
| All other expenses | $139,228 |
| Total functional expenses | $22,704,602 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,594,447 |
| Savings and temporary cash investments | $15,997,196 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,233,789 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $85,820 |
| Prepaid expenses and deferred charges | $97,437 |
| Net Land, buildings, and equipment | $8,407,677 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $35,416,366 |
| Accounts payable and accrued expenses | $2,444,546 |
| Grants payable | $0 |
| Deferred revenue | $1,742,805 |
| 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 | $2,072,237 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,259,588 |
| Net assets without donor restrictions | $29,153,115 |
| Net assets with donor restrictions | $3,663 |
| 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 | $35,416,366 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Marwood Manor Nursing Home has recieved totaling $11,297.
| Awarding Organization | Amount |
|---|---|
Community Foundation Of St Clair County Port Huron, MI PURPOSE: GENERAL SUPPORT/BIG GIVE | $11,203 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $94 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lutheran Homes Of Michigan Inc Saginaw, MI | $57,940,344 | $38,263,375 |
The Montefiore Home Beachwood, OH | $34,596,808 | $25,002,473 |
Jennings Center For Older Adults Garfield Heights, OH | $56,940,447 | $33,313,522 |
The Lutheran Home Inc Wauwatosa, WI | $32,526,623 | $29,348,190 |
Grace Lutheran Foundation Inc Eau Claire, WI | $34,935,456 | $25,987,857 |
Westminster Village North Inc Indianapolis, IN | $65,231,339 | $24,703,425 |
Uvmc Nursing Care Inc Dayton, OH | $28,595,230 | $22,808,264 |
Jewish Home And Care Center Inc Milwaukee, WI | $33,036,142 | $18,800,726 |
Marwood Manor Nursing Home Port Huron, MI | $35,416,366 | $24,316,598 |
Bethany-St Joseph Corp La Crosse, WI | $31,103,859 | $21,334,588 |
Indianapolis Jewish Home Inc Hooverwood Indianapolis, IN | $50,044,251 | $22,178,302 |
Botsford Continuing Care Corporation Southfield, MI | $28,554,348 | $16,692,642 |