Mankato Rehabilitation Center Inc
- Assets
- $36.6m
- Revenue
- $119.8m
- Investments
- $0.0
- Employees
- 6,330
- Location
- Mankato, MN
- Founding
- 08/1956
- Data as of
- 12/2023
- EIN
- 41-0736870
Organization Overview
Mankato Rehabilitation Center Inc, operating under the name Managed Resource Connections Inc, is located in Mankato, MN. The organization was established in 1956. According to its NTEE Classification (J33) the organization is classified as: Sheltered Employment, under the broad grouping of Employment and related organizations. As of 12/2023, Managed Resource Connections Inc employed 6,330 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Managed Resource Connections 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 12/2023, Managed Resource Connections Inc generated $119.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 5.8% each year. All expenses for the organization totaled $118.9m during the year ending 12/2023. While expenses have increased by 6.0% 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
CREATING OPPORTUNITIES FOR PEOPLE WITH DISABILITES TO SUPPORT THEIR COMMUNITY PARTICIPATION.
Describe the Organization's Program Activity:
Part 3 - Line 4a
FISCAL INTERMEDIARY/EMPLOYER OF RECORD- MRCI WAS ONE OF THE FIRST AGENCIES IN MINNESOTA TO OFFER EMPLOYER OF RECORD/FISCAL INTERMEDIARY SERVICES AS A FISCAL SUPPORT ENTITY. IN 2004, MRCI BECAME CERTIFIED BY THE DEPARTMENT OF HUMAN SERVICES AS A FISCAL SUPPORT ENTITY. IN 2010, MRCI RECEIVED CERTIFICATION FOLLOWING A READINESS REVIEW FOR VDHCBS SERVICES. A FISCAL SUPPORT ENTITY IS AN UMBRELLA AGENCY THAT OFFERS A WIDE RANGE OF FISCAL EMPLOYER AGENT SERVICES INCLUDING CONSUMER DIRECTED COMMUNITY SUPPORTS. IN 2018, MRCI WAS GRANTED AN RFP FROM THE STATE OF MN TO CONTINUE PROVIDING FISCAL EMPLOYER AGENT SERVICES THROUGHOUT THE STATE AS A FINANCIAL MANAGEMENT SERVICE. MRCI ALSO PROVIDES PCA CHOICE AND 245D LICENSED SERVICES INCLUDING PERSONAL SUPPORT, RESPITE AND HOMEMAKER. 3150 FAMILIES WERE SUPPORTED IN 2023.
DAY SERVICES - MRCI PROVIDES THE OPPORTUNITY TO GAIN SKILLS THAT PROMOTE COMMUNITY PARTICIPATION. WHILE RECEIVING QUALITY SUPPORT, PARTICIPANTS ARE OFFERED OPPORTUNITIES TO: LEARN AND APPLY ESSENTIAL LIFE SKILLS SUCH AS: SELF-ADVOCACY, INDEPENDENT LIVING, HEALTH AND WELLNESS, COMMUNITY SAFETY, AND SOCIAL SKILLS. DAY SERVICES MAY BE PROVIDED IN ONE (OR ALL) OF THE FOLLOWING WAYS:COMMUNITY BASED-DAY SERVICES PROVIDE THE OPPORTUNITY TO GAIN SKILLS THAT PROMOTE COMMUNITY PARTICIPATION. WHILE RECEIVING QUALITY SUPPORT, PARTICIPANTS ARE OFFERED OPPORTUNITIES TO: LEARN AND APPLY ESSENTIAL LIFE SKILLS SUCH AS: SELF-ADVOCACY, INDEPENDENT LIVING, HEALTH AND WELLNESS, COMMUNITY SAFETY, AND SOCIAL SKILLS. COMMUNITY-BASED DAY SERVICES STARTED IN 2021.VIRTUAL- VIRTUAL DAY SERVICES PROVIDES THE OPPORTUNITY TO GAIN SKILLS THAT PROMOTE COMMUNITY PARTICIPATION IN THE SAFETY OF A VIRTUAL ENVIRONMENT. WHILE RECEIVING QUALITY SUPPORT, PARTICIPANTS ARE OFFERED OPPORTUNITIES TO: LEARN AND APPLY ESSENTIAL LIFE SKILLS SUCH AS: SELF-ADVOCACY, INDEPENDENT LIVING, HEALTH AND WELLNESS, COMMUNITY SAFETY, AND SOCIAL SKILLS. A CALENDAR OF PERSON-CENTERED TOPICS FOR PERSONAL AND PROFESSIONAL GROWTH IS PROVIDED MONTHLY. VIRTUAL HOSTED MORE THAN 1227 SESSIONS WERE OFFERED IN 2023.EASE-EASE IS A PROGRAM FOR PEOPLE WITH DISABILITIES WHO ARE TYPICALLY 55 PLUS, SEEKING MEANINGFUL EXPERIENCES TO FILL THEIR DAY AS AN ALTERNATIVE TO WORK. OUR EXPERIENCED STAFF PROVIDE GUIDANCE AND SUPPORT WHILE CREATING AN ENJOYABLE, INDIVIDUALIZED PLAN FOR PARTICIPANTS TO ENHANCE COMMUNITY ACCESS AND IMPROVE THEIR SOCIAL SKILLS.
EMPLOYMENT SERVICES - MRCI OFFERS A VARIETY OF PERSON-CENTERED PROGRAMS TO ASSIST INDIVIDUALS IN FINDING AND KEEPING A JOB IN THEIR COMMUNITY. AT THE CORE OF THESE SERVICES IS THE DESIRE TO PROVIDE INDIVIDUALIZED SERVICES THAT MEET THE SPECIFIC NEEDS AND WISHES OF THE INDIVIDUAL. A RANGE OF PROGRAMS WITHIN TRANSITION SERVICES, PLACEMENT SERVICES AND LONG-TERM SUPPORT SERVICES ARE INCLUDED IN THE FULL MENU OF PROGRAMS TO SUPPORT THE INDIVIDUAL SUCCEED IN THEIR CAREER. 235 COMPETITIVE-PAID JOB WERE PLACED IN 2023.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dave Borchert Board President | OfficerTrustee | 1 | $0 |
Sarah Keller Board Vice President | OfficerTrustee | 1 | $0 |
Kip Bruender Board Secretary/treasurer | OfficerTrustee | 1 | $0 |
Duane Olenius Board Member | Trustee | 1 | $0 |
Cinde Anderson Board Member | Trustee | 1 | $0 |
Daniel Menden Board Member | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Ab&b Services Llc Client Support Services | 12/30/23 | $423,467 |
Annkissam Llc It Services | 12/30/23 | $220,834 |
Brian Benshoof Client Support Services | 12/30/23 | $120,000 |
Creating Possibilities Support Planning Client Support Services | 12/30/23 | $103,185 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $57,994 |
| Related organizations | $0 |
| Government grants | $3,838,994 |
| All other contributions, gifts, grants, and similar amounts not included above | $154,711 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $4,051,699 |
| Total Program Service Revenue | $115,919,520 |
| Investment income | $43,877 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$13,242 |
| Net Gain/Loss on Asset Sales | -$193,106 |
| Net Income from Fundraising Events | -$25,896 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $119,782,852 |
| 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. | $433,258 |
| Compensation of current officers, directors, key employees. | $25,770 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $97,419,041 |
| Pension plan accruals and contributions | $455,877 |
| Other employee benefits | $2,155,565 |
| Payroll taxes | $4,539,263 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $432 |
| Fees for services: Accounting | $76,020 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $10,493,697 |
| Advertising and promotion | $6,372 |
| Office expenses | $30,245 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $668,023 |
| Travel | $339,343 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $38,370 |
| Interest | $92,559 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $870,475 |
| Insurance | $3,664 |
| All other expenses | $112,547 |
| Total functional expenses | $118,937,329 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $9,716,773 |
| Savings and temporary cash investments | $3,324,680 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $10,949,642 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $7,459 |
| Prepaid expenses and deferred charges | $447,613 |
| Net Land, buildings, and equipment | $3,488,101 |
| Investments—publicly traded securities | $6,221,309 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,409,663 |
| Total assets | $36,565,240 |
| Accounts payable and accrued expenses | $8,462,744 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $178,544 |
| 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 | $2,655,367 |
| Total liabilities | $11,296,655 |
| Net assets without donor restrictions | $25,268,585 |
| Net assets with donor restrictions | $0 |
| 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 | $36,565,240 |