Mount Olivet Careview Home

Organization Overview

Mount Olivet Careview Home is located in Minneapolis, MN. The organization was established in 1974. 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 12/2021, Mount Olivet Careview Home employed 394 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mount Olivet Careview Home 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, Mount Olivet Careview Home generated $25.3m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 9.6% each year. All expenses for the organization totaled $22.7m during the year ending 12/2021. While expenses have increased by 8.0% per year over the past 7 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE HIGH QUALITY LONG TERM CARE FOR RESIDENTS IN A LOVING AND CARING ENVIRONMENT.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MOUNT OLIVET CAREVIEW HOME (MOCH) IS A 155-BED SKILLED CARE FACILITY FEATURING MOSTLY DOUBLE ROOMS AND SOME SINGLE ROOMS. WE ALSO OFFER A 16-BED TRANSITIONAL CARE UNIT FOR PATIENTS WHO REQUIRE SHORT TERM SKILLED NURSING CARE OR DAILY REHABILITATION FOLLOWING A HOSPITALIZATION. IN ADDITION, WE PROVIDE A SECURED MEMORY UNIT FOR RESIDENTS COPING WITH LATE STAGES OF MEMORY LOSS, ALZHEIMER'S AND OTHER DEMENTIA-RELATED ILLNESSES. RESIDENTS ARE DEPENDENT ON THE NURSING STAFF TO ACCOMPLISH DAILY LIVING ACTIVITIES, INCLUDING DRESSING, GROOMING, BATHING, TOILETING, EATING, WALKING, AND TRANSFERRING. DAILY SERVICES ALSO INCLUDE OXYGEN AND IV THERAPY, AS NEEDED. ONSITE VISION, HEARING, DENTAL AND PODIATRY SERVICES ARE ALSO AVAILABLE. THREE NUTRITIOUS MEALS AND OTHER REFRESHMENTS ARE SERVED DAILY IN DINING ROOMS ON EACH FLOOR. FAMILY MEMBERS CAN ENJOY MEALS WITH THEIR LOVED ONE.SPACIOUS LOUNGES, OUTDOOR PATIOS, AND PRIVATE FAMILY AREAS MAKE THE FACILITY FEEL LIKE HOME.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Mount Olivet Home
Dietary Services
$1,836,688
Basssford Remele
Legal Services
$193,721
Centrex Rehab
Rehabilitation Services
$1,195,339
Atomic Data
It Services
$355,928
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $3,034,698
All other contributions, gifts, grants, and similar amounts not included above$174,010
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$3,208,708
Total Program Service Revenue$21,283,059
Investment income $161,352
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 $25,272,499

Grants Recieved

Over the last fiscal year, we have identified 4 grants that Mount Olivet Careview Home has recieved totaling $314,710.

Awarding OrganizationAmount
Augustana Mount Olivet Hospice Care Llc

Minneapolis, MN

PURPOSE: GENERAL ASSISTANCE

$300,000
Thrivent Charitable Impact & Investing

Appleton, WI

PURPOSE: GENERAL SUPPORT

$7,710
Charles & Kathryn Cunningham Family Foundation

Milwaukee, WI

PURPOSE: GENERAL OPERATING

$6,000
Duggan Foundation

Bloomington, MN

PURPOSE: CHARITABLE

$1,000
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$1,095,541
Earnings$20,409
Other Expense$20,409
Ending Balance$1,095,541

Peer Organizations

Organization NameAssets
Knute Nelson
Alexandria, MN
$38,034,818
Foundation For Health Care Continuums
Sartell, MN
$36,760,475
Missouri Slope Lutheran Care Center
Bismarck, ND
$36,127,311
Elim Homes Inc
Edina, MN
$36,791,332
Benedictine Living Communities Inc
Minneapolis, MN
$33,504,114
Valley Homes And Services
Grand Forks, ND
$31,398,381
American Lutheran Homes Inc
Fargo, ND
$34,765,772
Walker Methodist
Minnetonka, MN
$29,368,798
Lyngblosten Care Center Inc
St Paul, MN
$27,402,531
Ebenezer Society
Edina, MN
$25,607,593
The Lutheran Home Inc
Wauwatosa, WI
$29,348,190
Grace Lutheran Foundation Inc
Eau Claire, WI
$25,987,857

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