Iola Living Assistance Inc

Organization Overview

Iola Living Assistance Inc is located in Iola, WI. The organization was established in 1946. 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 12/2020, Iola Living Assistance Inc employed 97 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Iola Living Assistance 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 12/2020, Iola Living Assistance Inc generated $2.3m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (11.6%) each year. All expenses for the organization totaled $2.8m during the year ending 12/2020. As we would expect to see with falling revenues, expenses have declined by (8.5%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2020

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE SKILLED NURSING CARE AND APARTMENTS WITH SERVICES FOR ELDERLY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

PROGRAM SERVICES EXPENSES FOR ELDERLY CARE AND APARTMENTS WITH SERVICES.


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Board, Officers & Key Employees

Name (title)Compensation
Jordan Edseth
CEO
$59,513
Mike Mazemke
President
$0
Mike Koles
Treasurer
$0
Mark Doll
Secretary
$0
Lila Malvik-Shower
Director
$0
Patricia Klug
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$49,422
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$49,422
Total Program Service Revenue$2,205,946
Investment income $162
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 $2,255,530

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Iola Living Assistance Inc has recieved totaling $1,000.

Awarding OrganizationAmount
B & D Foundation Inc

Madison, WI

PURPOSE: PROGRAM SUPPORT

$1,000
View Grant Recipient Profile

Endowment Analysis

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