St Joseph Residence Inc
- Assets
- $16.1m
- Revenue
- $8.0m
- Investments
- $0.0
- Employees
- 218
- Location
- New London, WI
- Founding
- 03/1946
- Data as of
- 12/2022
- EIN
- 39-1087412
Organization Overview
St Joseph Residence Inc is located in New London, WI. The organization was established in 1946. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 12/2022, St Joseph Residence Inc employed 218 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. St Joseph Residence 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 12/2022, St Joseph Residence Inc generated $8.0m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $7.9m during the year ending 12/2022. While expenses have increased by 1.0% per year over the past 8 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
A LIFE PLAN COMMUNITY COMMITTED TO PROVIDING ELDERLY HOUSING AND HEALTH CARE SERVICES INCLUDING INDEPENDENT APARTMENTS, ASSISTED LIVING, SHORT TERM REHABILITATION, LONG TERM CARE, MEMORY CARE ASSISTED LIVING, AND OUTPATIENT THERAPY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SKILLED NURSING FACILITY PROVIDED 13,969 DAYS OF CARE IN 2022. OUR COMMUNITY FOCUSES ON PROVIDING QUALITY HEALTH CARE SERVICES IN A RURAL COMMUNITY. THIS IS EVIDENT BY THE CMS FIVE STAR RATING, EXCELLENT QUALITY MEASURES AS REPORTED BY CMS, A DEFICIENCY FREE ANNUAL NURSING HOME SURVEY, AND THE EXCELLENT STAFF TO PATIENT RATIOS WE MAINTAIN ON A DAILY BASIS. OUR ORGANIZATION IS COMMITTED TO SERVING THOSE IN FINANCIAL NEED IN OUR COMMUNITY. OUR SKILLED NURSING FACILITY SERVES APPROXIMATELY A 59% MEDICAID GOVERNMENT FUNDED POPULATION. THE COMMUNITY HAS A COMPLEX MEDICAL CARE & REHAB UNIT WITH 10 BEDS DEDICATED TO SERVING SHORT TERM REHABILITATION NEEDS IN OUR COMMUNITY.
INDEPENDENT NON-LICENSED SENIOR APARTMENT COMPLEX 26 UNITS; SERVING 9,021 RESIDENTIAL DAYS IN 2022. THE SENIORS ARE ABLE TO PARTICIPATE IN SOCIAL ACTIVITIES CONNECTED WITH THE SKILLED NURSING FACILITY, CAN PARTICIPATE IN A MEAL PURCHASE PROGRAM FOR TWO MEALS A DAY, RECEIVE MAINTENANCE AND HOUSEKEEPING SERVICES, AND THEIR RESIDENCY IN THE LIFE PLAN COMMUNITY AFFORDS THEM PRIMARY PLACEMENT FOR REHAB OR ASSISTED LIVING SERVICES IN OTHER SJR COMMUNITIES IF NEEDED. ALL OF THESE SERVICES ENABLE OUR SENIORS TO REMAIN INDEPENDENT IN THEIR APARTMENT FOR AS LONG AS POSSIBLE.
COMMUNITY BASED RESIDENTIAL FACILITY ASSISTED LIVING PROVIDED 9,299 DAYS OF CARE DURING 2022 WITH 35% OF CARE THAT IS MEDICAID GOVERNMENT FUNDED. THE CBRF PARTICIPATES IN A SPECIAL NEEDS PROGRAM, ALONG WITH THE SKILLED NURSING FACILITY, THAT PERMITS CARE TRANSITIONS BETWEEN THE CBRF AND THE SKILLED NURSING FACILITY RATHER THAN REQUIRING THE RESIDENT TO NEED TO BE SENT TO THE HOSPITAL.
MONARCH MEADOWS MEMORY CARE ASSISTED LIVING INCREASED OCCUPANCY 30% BY THE END OF THE YEAR; A TOTAL OF 7,411 PATIENT DAYS WITH 61% OF THE DAYS FUNDED BY MEDICAL ASSISTANCE. THIS PROGRAM SERVES RESIDENTS WITH DEMENTIA DIAGNOSIS WHO BENEFIT FROM A SECURE ENVIRONMENT WITH AN INCREASED LEVEL OF CAREGIVERS TO MEET PSYCHOSOCIAL AND PHYSICAL NEEDS WITH ACTIVITY ENGAGING PROGRAMMING.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Gidget Blank Ceo/executive Director | Officer | 32 | $112,585 |
Kathy Gwidt President | OfficerTrustee | 0.5 | $0 |
Keith Steckbauer Vice President | OfficerTrustee | 0.5 | $0 |
Joseph Marquardt Secretary/treasurer | OfficerTrustee | 0.5 | $0 |
Roger Steingraber Past President | OfficerTrustee | 0.5 | $0 |
Mike Barbiaux Board Member | Trustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Health Care Services Group Laundry/housekeeping Service | 12/30/22 | $303,807 |
Select Rehabilitation Contract Therapy Services | 12/30/22 | $212,184 |
Prn Health Services Clinical Nursing Staffing | 12/30/22 | $144,085 |
Nuwest Group Holdings Clinical Nursing Staffing | 12/30/22 | $126,307 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $225,468 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,165 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $227,633 |
| Total Program Service Revenue | $7,316,266 |
| Investment income | $6,453 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $426,715 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,025,508 |
| 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. | $137,073 |
| Compensation of current officers, directors, key employees. | $4,555 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,324,276 |
| Pension plan accruals and contributions | $467 |
| Other employee benefits | $263,598 |
| Payroll taxes | $297,170 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $2,770 |
| Fees for services: Accounting | $72,591 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $2,559 |
| Fees for services: Other | $106,598 |
| Advertising and promotion | $39,312 |
| Office expenses | $61,079 |
| Information technology | $73,736 |
| Royalties | $3,136 |
| Occupancy | $356,685 |
| Travel | $33,639 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $286,654 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $530,830 |
| Insurance | $20,673 |
| All other expenses | $227,539 |
| Total functional expenses | $7,943,077 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $900 |
| Savings and temporary cash investments | $3,428,796 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,023,817 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $95,718 |
| Prepaid expenses and deferred charges | $21,469 |
| Net Land, buildings, and equipment | $8,313,082 |
| Investments—publicly traded securities | $189,522 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $3,063,076 |
| Total assets | $16,136,380 |
| Accounts payable and accrued expenses | $527,116 |
| Grants payable | $0 |
| Deferred revenue | $115,895 |
| Tax-exempt bond liabilities | $7,763,619 |
| Escrow or custodial account liability | $7,500 |
| 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 | $13,669 |
| Total liabilities | $8,427,799 |
| Net assets without donor restrictions | $7,707,336 |
| Net assets with donor restrictions | $1,245 |
| 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 | $16,136,380 |