Minnesota Masonic Home Care Center
- Assets
- $30.1m
- Revenue
- $29.2m
- Investments
- $0.0
- Employees
- 601
- Location
- Bloomington, MN
- Founding
- 11/1928
- Data as of
- 12/2021
- EIN
- 41-0693872
Organization Overview
Minnesota Masonic Home Care Center is located in Bloomington, MN. The organization was established in 1928. 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 12/2021, Minnesota Masonic Home Care Center employed 601 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnesota Masonic Home Care Center 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 12/2021, Minnesota Masonic Home Care Center generated $29.2m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (0.5%) each year. All expenses for the organization totaled $29.2m during the year ending 12/2021. 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 NURSING/CARE FOR THE ELDERLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MINNESOTA MASONIC HOME CARE CENTER OWNS AND OPERATES A 214 BED NURSING HOME FACILITY AND A 45 UNIT ASSISTED LIVING COMPLEX PROVIDING PROFESSIONAL CARE TO ITS NURSING FACILITY RESIDENTS. THE NURSING HOME AND ASSISTED LIVING HAD 76.44% AND 84.3% OCCUPANCY RESPECTIVELY IN 2021.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dilyara Kadymova Director Of Nursing | 40 | $136,829 | |
Patricia Larue Hr Director | 40 | $134,474 | |
Beth Schroeder Administrator | 40 | $134,208 | |
Douglas J Campbell Chair | OfficerTrustee | 1 | $0 |
Kris Pich Sec/treasurer | OfficerTrustee | 1 | $0 |
Barbara Brihn Vice Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Cutting Edge Prop Mgmt Lawn And Snow | 12/30/21 | $211,119 |
Cintas Laundry Services | 12/30/21 | $120,723 |
Cunningham Group Architecture Inc Architectural Services | 12/30/21 | $478,916 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $438,648 |
| All other contributions, gifts, grants, and similar amounts not included above | $19,658 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $458,306 |
| Total Program Service Revenue | $28,290,780 |
| Investment income | $15,159 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $158,097 |
| 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 | $13,746 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $29,200,433 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $18,013,503 |
| Pension plan accruals and contributions | $338,964 |
| Other employee benefits | $1,565,591 |
| Payroll taxes | $1,309,616 |
| Fees for services: Management | $1,049,997 |
| Fees for services: Legal | $27,284 |
| Fees for services: Accounting | $48,141 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $689,722 |
| Advertising and promotion | $5,012 |
| Office expenses | $913,547 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $670,718 |
| Travel | $12,024 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $130,039 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,151,286 |
| Insurance | $409,006 |
| All other expenses | $229,266 |
| Total functional expenses | $29,239,184 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,300 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,388,661 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $220,061 |
| Prepaid expenses and deferred charges | $68,257 |
| Net Land, buildings, and equipment | $16,167,832 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $15,000 |
| Intangible assets | $0 |
| Other assets | $11,199,542 |
| Total assets | $30,061,653 |
| Accounts payable and accrued expenses | $2,475,921 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $3,410,067 |
| Escrow or custodial account liability | $136,984 |
| 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 | $174,819 |
| Total liabilities | $6,197,791 |
| Net assets without donor restrictions | $23,857,223 |
| Net assets with donor restrictions | $6,639 |
| 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 | $30,061,653 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Minnesota Masonic Home Care Center has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Mark & Laura Johnson Family Foundation Shorewood, MN PURPOSE: SUPPORT OF HEALTH RELATED EDUCATION & RESEARCH | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Wesley Retirement Services Inc Johnston, IA | $293,962,808 | $95,958,203 |
American Baptist Homes Of The Midwest Eden Prairie, MN | $108,679,922 | $74,595,606 |
Presbyterian Homes Housing And Assisted Living Inc Roseville, MN | $328,963,538 | $77,981,814 |
Northwest Senior Housing Corporation West Des Moines, IA | $270,336,764 | $32,213,860 |
Sanford-Good Samaritan Community Health Services Llc Sioux Falls, SD | $42,246,559 | $49,986,329 |
Lindengrove Inc Brookfield, WI | $53,159,981 | $37,652,858 |
Benevolent Corporation Cedar Community West Bend, WI | $115,395,812 | $41,115,280 |
Volunteers Of America Care Facilities Eden Prairie, MN | $34,098,364 | $41,433,516 |
Valley Senior Services Alliance Roseville, MN | $92,212,429 | $35,168,419 |
Saint Therese Of New Hope St Louis Park, MN | $31,804,224 | $36,427,083 |
Saint Johns Communities Inc Milwaukee, WI | $267,147,546 | $26,978,103 |
Presbyterian Homes Of Arden Hills Inc Roseville, MN | $68,220,110 | $29,055,542 |