Lincoln Lutheran Home Of Racine Inc
- Assets
- $5.5m
- Revenue
- $2.5m
- Investments
- $0.0
- Employees
- 218
- Location
- Racine, WI
- Founding
- 07/1957
- Data as of
- 12/2015
- EIN
- 39-0874802
Organization Overview
Lincoln Lutheran Home Of Racine Inc is located in Racine, WI. The organization was established in 1957. 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 12/2015, Lincoln Lutheran Home Of Racine Inc employed 218 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Lincoln Lutheran Home Of Racine Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2015
Describe the Organization's Mission:
Part 3 - Line 1
LINCOLN LUTHERAN OF RACINE CONSISTS OF A SKILLED NURSING FACILITY WHICH HAS 120 BEDS. IT ALSO CONSISTS OF COMMUNITY SERVICE PROGRAMS WHICH ARE ADULT DAY SERVICES, HOMELINC, AND HARMONY CLUB.
Describe the Organization's Program Activity:
Part 3 - Line 4a
LINCOLN VILLAGE IS A SKILLED NURSING FACILITY THAT SPECIALIZES IN SHORT TERM REHABILITATION. IT IS A CERTIFIED MEDICARE AND MEDICAID FACILITY. IT OFFERS A COMPREHENSIVE REHABILITATION PROGRAM TO MAXIMIZE YOUR FUNCTIONAL ABILITIES AND QUALITY OF LIFE. WE PROVIDE A THERAPY TEAM THAT CONSISTS OF OCCUPATIONAL, PHYSICAL, AND SPEECH THERAPISTS.
MOW, NUTRITION, AND HOME OFFICE.
LINCOLN VILLAS REDEVELOPMENT IS A DISREGARDED ENTITY OF LINCOLN LUTHERAN OF RACINE WHICH WAS PURCHASED IN 2010. THIS IS A 99 UNIT LOW INCOME HOUSING PROJECT. THE PROJECT IS REGULATED BY THE US DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT
LINCOLN LUTHERAN OFFERS COMMUNITY SERVICES FOR THE ELDERLY AND HANDICAPPED. THIS INCLUDES AN ADULT DAY SERVICES PROGRAM IN RACINE AND WESTERN RACINE COUNTY. IT ALSO PROVIDES IN HOME NON NURSING CARE THROUGH THE HOMELINC PROGRAM AND HARMONY CLUB WHICH IS A SOCIAL DAY PROGRAM. IT IS A PROVIDER OF MEALS THROUGH IT'S MEALS ON WHEELS AND NUTRITION SITE PROGRAMS.
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PDF Copies of 990 Filings
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Beck Chaet Bamberger And Polsky Court Appointed Receiver | 12/30/15 | $384,084 |
Rally Capital Service Financial Consultant For Receiver | 12/30/15 | $495,252 |
Rehab Care Group Rehabilitation Services For Nursing Home | 12/30/15 | $146,631 |
A'viands Food & Service Management Food And Management Service For Nursing | 12/30/15 | $107,059 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $235,369 |
| All other contributions, gifts, grants, and similar amounts not included above | $146,576 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $381,945 |
| Total Program Service Revenue | $2,081,067 |
| Investment income | $126,518 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $72,264 |
| Net Gain/Loss on Asset Sales | -$1,409,089 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,480,002 |
| 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. | $111,652 |
| Compensation of current officers, directors, key employees. | $111,652 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $852,134 |
| Pension plan accruals and contributions | $9,448 |
| Other employee benefits | $178,152 |
| Payroll taxes | $153,993 |
| Fees for services: Management | $211,525 |
| Fees for services: Legal | $5,132 |
| Fees for services: Accounting | $28,590 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,350,872 |
| Advertising and promotion | $400 |
| Office expenses | $129,544 |
| Information technology | $70,875 |
| Royalties | $0 |
| Occupancy | $239,198 |
| Travel | $5,016 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,750 |
| Interest | $144,052 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $154,524 |
| Insurance | $72,981 |
| All other expenses | $219,032 |
| Total functional expenses | $4,639,817 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $184,780 |
| Savings and temporary cash investments | $852,080 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $20,798 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $833,678 |
| Inventories for sale or use | $1,131 |
| Prepaid expenses and deferred charges | $25,988 |
| Net Land, buildings, and equipment | $3,568,990 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $42,894 |
| Total assets | $5,530,339 |
| Accounts payable and accrued expenses | $2,306,075 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| 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 | $3,085,833 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $44,037 |
| Total liabilities | $5,435,945 |
| Unrestricted restricted net Assets | $94,394 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $94,394 |