Cedar Crest Inc is located in Janesville, WI. The organization was established in 1966. 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 06/2021, Cedar Crest Inc employed 360 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cedar Crest 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 06/2021, Cedar Crest Inc generated $15.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $16.0m during the year ending 06/2021. 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
CEDAR CREST IS A CONTINUING CARE RETIREMENT COMMUNITY SERVING ADULTS 55 YEARS OF AGE OR OLDER. ITS MISSION IS TO ENRICH THE QUALITY OF LIFE FOR SENIOR ADULTS AT ALL LEVELS OF INDEPENDENCE, GUIDED BY A SPIRITUALLY BASED, NOT-FOR-PROFIT CULTURE THAT FOSTERS COMPASSION AND CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
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THE CEDAR CREST MEMORY CARE UNIT IS A 24 BED LICENSED CBRF PROVIDING SERVICES TO THOSE INDIVIDUALS WHO HAVE BEEN DIAGNOSED WITH ALZHEIMER OR OTHER DEMENTIA RELATED DISEASES. THE PROGRAM PROVIDES SERVICES TO RESIDENTS WHO REQUIRE LIMITED NURSING CARE BUT NEED ASSISTANCE WITH DAILY LIVING ACTIVITIES. THE PROGRAM IS STAFFED 24 HOURS PER DAY, SEVEN DAYS A WEEK WITH PERSONAL CARE WORKERS AND CERTIFIED NURSING ASSISTANTS. IT IS ALSO STAFFED WITH AN RN MEMORY CARE MANAGER. UP TO 3 HOURS OF NURSING CARE PER WEEK IS PROVIDED (DIRECTLY BY AN RN) AND UNLIMITED NUMBER OF HOURS OF CARE WITH DAILY LIVING ACTIVITIES. THIS CARE INCLUDES BATHING AND DRESSING, PHYSICAL THERAPY, OCCUPATIONAL THERAPY, SPEECH THERAPY, ACTIVITIES MEETING THE NEEDS OF EACH RESIDENT, FEEDING, THREE MEALS PER DAY AND OTHER NUTRITIONAL NEEDS BASED ON THE INDIVIDUAL RESIDENT, LAUNDRY, HOUSEKEEPING, TOILETING, DRESSING CHANGES, MEDICATION ADMINISTRATION AND MANAGEMENT, SCHEDULING OF MEDICAL APPOINTMENTS, TRANSPORTATION TO MEDICAL APPOINTMENTS, COORDINATING CARE UNDER THE DIRECTION OF THE RESIDENT'S DOCTOR AS WELL AS OTHER UNIQUE NEEDS OF EACH INDIVIDUAL RESIDENT. A TOTAL OF 8,442 RESIDENT CARE DAYS WERE PROVIDED.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
David Tanck President/ceo | Officer | 39 | $197,561 |
Renee Rosencrans Registered Nurse | 53 | $128,117 | |
Meredith Aarud Vice President | Officer | 39 | $118,180 |
Diane Schewe Registered Nurse | 42 | $103,681 | |
Christopher Mulae Controller | Officer | 39 | $99,501 |
Gerald Kelm Director/chair | OfficerTrustee | 1 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
Rehab Care Group Therapy Services | 6/29/21 | $957,656 |
Rt Fox Contractors Construction Services | 6/29/21 | $475,089 |
Naatz Construction Construction Services | 6/29/21 | $1,519,815 |
Zones Technology Services | 6/29/21 | $186,646 |
Healthcare Services Group Housekeeping Management Services | 6/29/21 | $164,077 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $668,903 |
All other contributions, gifts, grants, and similar amounts not included above | $46,539 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $715,442 |
Total Program Service Revenue | $14,614,814 |
Investment income | $38,861 |
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 | $15,719,717 |
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. | $343,537 |
Compensation of current officers, directors, key employees. | $209,853 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $7,284,439 |
Pension plan accruals and contributions | $162,136 |
Other employee benefits | $1,363,685 |
Payroll taxes | $548,339 |
Fees for services: Management | $165,728 |
Fees for services: Legal | $6,189 |
Fees for services: Accounting | $77,824 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $522,239 |
Advertising and promotion | $22,047 |
Office expenses | $61,855 |
Information technology | $81,255 |
Royalties | $0 |
Occupancy | $1,183,052 |
Travel | $136 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $233,886 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $1,781,356 |
Insurance | $130,675 |
All other expenses | $60,509 |
Total functional expenses | $15,980,992 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $2,721,207 |
Savings and temporary cash investments | $5,506,507 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $692,955 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $284,964 |
Net Land, buildings, and equipment | $36,146,610 |
Investments—publicly traded securities | $0 |
Investments—other securities | $964,665 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $955,575 |
Total assets | $47,272,483 |
Accounts payable and accrued expenses | $2,269,606 |
Grants payable | $0 |
Deferred revenue | $15,082,477 |
Tax-exempt bond liabilities | $14,478,263 |
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 | $31,830,346 |
Net assets without donor restrictions | $14,499,952 |
Net assets with donor restrictions | $942,185 |
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 | $47,272,483 |
Over the last fiscal year, we have identified 3 grants that Cedar Crest Inc has recieved totaling $15,069.
Awarding Organization | Amount |
---|---|
Vernon G Goelzer Trust Chicago, IL PURPOSE: GENERAL | $10,569 |
Claremont S Jackman Foundation Madison, WI PURPOSE: PROGRAM SUPPORT | $3,500 |
Alliant Energy Foundation Inc Madison, WI PURPOSE: MATCHING GIFTS | $1,000 |
Beg. Balance | $815,808 |
Earnings | $154,457 |
Other Expense | $5,600 |
Ending Balance | $964,665 |
Organization Name | Assets | Revenue |
---|---|---|
Knute Nelson Alexandria, MN | $65,707,296 | $38,034,818 |
Foundation For Health Care Continuums Sartell, MN | $70,652,957 | $36,760,475 |
Lutheran Homes Of Michigan Inc Saginaw, MI | $57,940,344 | $38,263,375 |
Elim Homes Inc Edina, MN | $49,132,741 | $36,791,332 |
Benedictine Living Communities Inc Minneapolis, MN | $22,523,153 | $33,504,114 |
Walker Methodist Minnetonka, MN | $71,311,636 | $29,368,798 |
Lyngblosten Care Center Inc St Paul, MN | $25,120,297 | $27,402,531 |
Ebenezer Society Edina, MN | $59,031,436 | $25,607,593 |
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 |
Legacy Senior Services Minnetonka, MN | $22,110,267 | $24,625,122 |
Bethesda Willmar, MN | $73,193,100 | $31,566,689 |