Ecumen
- Assets
- $324.8m
- Revenue
- $152.7m
- Investments
- $2.4m
- Employees
- 3,734
- Location
- Shoreview, MN
- Founding
- 04/1987
- Data as of
- 12/2015
- EIN
- 41-0711588
Organization Overview
Ecumen is located in Shoreview, MN. The organization was established in 1987. 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 12/2015, Ecumen employed 3,734 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Ecumen 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
WE CREATE HOMES FOR OLDER ADULTS, WHEREVER THEY CHOOSE TO LIVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
ECUMEN IS A MINNESOTA NONPROFIT CORPORATION ORGANIZED PRIMARILY TO OWN, OPERATE, MANAGE AND SUPPORT SENIOR LIVING AND HEALTH CARE COMMUNITIES. HOUSING AND SERVICES FOR SENIORS ARE PROVIDED AT ECUMEN COMMUNITIES THROUGH A CONTINUUM OF CARE, INCLUDING VARIOUS LEVELS OF RESIDENTIAL LIVING AND SKILLED NURSING AS WELL AS OTHER COMMUNITY-BASED PROGRAMS AND SERVICES, INCLUDING HOME HEALTH CARE AND OUTPATIENT THERAPIES. AS OF DECEMBER 31, 2015, ECUMEN AND ITS AFFILIATES OWNED OR LEASED 50 HEALTH CARE AND OTHER FACILITIES, INCLUDING 10 U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT SUBSIDIZED HOUSING PROJECTS. AN ADDITIONAL 21 HEALTH CARE AND OTHER FACILITIES WERE MANAGED FOR UNRELATED THIRD-PARTY OWNERS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kathryn Roberts President & CEO | Officer | 39 | $460,052 |
Dennis Johnson CFO & Senior VP | Officer | 39 | $352,799 |
Robin Balck Sr VP Hr & Strategic Alignment | Officer | 40 | $219,709 |
Shelley Kendrick Sr VP & COO | Officer | 39 | $201,550 |
Julie Murray Sr VP Of Marketing & Development | Officer | 40 | $200,569 |
Larry Jorgensen VP Of Information Technology | Officer | 40 | $176,482 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Gray Plant Mooty & Bennett Legal | 12/30/15 | $499,078 |
Steve Nelson Construction | 12/30/15 | $504,731 |
Cliftonlarsonallen Llp Audit & Tax | 12/30/15 | $447,176 |
Lincoln Waste Trash Collection | 12/30/15 | $254,805 |
The Boldt Company Construction | 12/30/15 | $325,230 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $63,039 |
| Membership dues | $0 |
| Fundraising events | $36,851 |
| Related organizations | $193,767 |
| Government grants | $1,626,987 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,684,727 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $3,605,371 |
| Total Program Service Revenue | $143,553,103 |
| Investment income | $708,896 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $136,540 |
| Net Gain/Loss on Asset Sales | $3,206,993 |
| Net Income from Fundraising Events | -$3,664 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $21,903 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $152,660,073 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $12,500 |
| Grants and other assistance to domestic individuals. | $75,495 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $1,859,016 |
| Compensation of current officers, directors, key employees. | $1,673,114 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $62,576,961 |
| Pension plan accruals and contributions | $1,809,254 |
| Other employee benefits | $8,694,097 |
| Payroll taxes | $4,942,315 |
| Fees for services: Management | $5,345,955 |
| Fees for services: Legal | $255,724 |
| Fees for services: Accounting | $174,452 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,204,867 |
| Advertising and promotion | $1,223,271 |
| Office expenses | $1,174,295 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $7,360,610 |
| Travel | $1,315,555 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $1,346,442 |
| Interest | $9,298,846 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $11,717,698 |
| Insurance | $1,128,174 |
| All other expenses | $696,976 |
| Total functional expenses | $150,143,578 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $10,755,779 |
| Savings and temporary cash investments | $1,351,971 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $11,930,750 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $646,667 |
| Inventories for sale or use | $18,268 |
| Prepaid expenses and deferred charges | $664,597 |
| Net Land, buildings, and equipment | $216,147,291 |
| Investments—publicly traded securities | $27,378,086 |
| Investments—other securities | $2,422,748 |
| Investments—program-related | $649,110 |
| Intangible assets | $6,307,336 |
| Other assets | $46,561,309 |
| Total assets | $324,833,912 |
| Accounts payable and accrued expenses | $13,242,029 |
| Grants payable | $0 |
| Deferred revenue | $195,585 |
| Tax-exempt bond liabilities | $100,270,868 |
| Escrow or custodial account liability | $2,153,852 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $166,955,705 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $2,315,834 |
| Total liabilities | $285,133,873 |
| Unrestricted restricted net Assets | $34,135,495 |
| Temporarily restricted net Assets | $2,153,001 |
| Permanently restricted net Assets or current funds | $3,411,543 |
| 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 | $39,700,039 |
Grants Awarded
Over the last fiscal year, Ecumen has awarded $92,429 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Shoreview, MN PURPOSE: GENERAL OPERATING SUPPORT | $79,929 |
Washington, DC PURPOSE: LONG-TERM SERVICE AND SUPPORT | $12,500 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Ecumen has recieved totaling $25,309.
| Awarding Organization | Amount |
|---|---|
Central Minnesota Council Aging Inc Sartell, MN PURPOSE: HOME DELIVERED MEALS | $25,309 |
Endowment Analysis
| Beg. Balance | $5,517,731 |
| Earnings | -$305,205 |
| Net Contributions | $1,333,259 |
| Other Expense | $977,515 |
| Ending Balance | $5,568,271 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lifespace Communities Inc West Des Moines, IA | $1,235,093,381 | $288,575,366 |
Ecumen Shoreview, MN | $310,480,268 | $148,755,497 |
Ecumen Shoreview, MN | $324,833,912 | $152,660,073 |
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 |