Community Memorial Home At Osakis Minn Incorporated

Organization Overview

Community Memorial Home At Osakis Minn Incorporated, operating under the name Galeon, is located in Osakis, MN. The organization was established in 1965. 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 06/2023, Galeon employed 158 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Galeon 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 06/2023, Galeon generated $6.8m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 3.7% each year. All expenses for the organization totaled $6.6m during the year ending 06/2023. While expenses have increased by 2.9% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE THE ELDERLY, SICK AND INFIRMED WITH FACILITIES AND SERVICES TO MEET THEIR NEEDS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

COMMUNITY MEMORIAL HOME AT OSAKIS, MINNESOTA, INCORPORATED, D/B/A GALEON (GALEON) OWNS AND OPERATES A 40-BED LICENSED NURSING FACILITY AND A WELLNESS AND THERAPY CENTER, AS WELL AS A 19-UNIT INDEPENDENT LIVING FACILITY (TERRACE HEIGHTS), A 25-UNIT ASSISTED LIVING FACILITY (WEST VIEW) AND A 20-UNIT MEMORY CARE ASSISTED LIVING FACILITY (BRIDGEWELL). IN ADDITION, COMMUNITY MEMORIAL HOME MANAGES THE OPERATION OF OSAKIS COMMUNITY MANOR APARTMENTS THAT DEDICATES 24 UNITS OF HOUSING TO INDEPENDENT SENIORS, MOST OF WHOM QUALIFY FOR RENTAL ASSISTANCE. THROUGHOUT THESE VARIOUS LOCATIONS, WHICH ARE EITHER CONNECTED TO OR IN CLOSE PROXIMITY TO COMMUNITY MEMORIAL HOME, PROGRAMS HAVE BEEN DEVELOPED TO ASSIST OLDER ADULTS WITH PHYSICAL CARE, REHABILITATION, NUTRITION, STRENGTH RESTORATION, MOBILITY, AND MEDICATION MANAGEMENT. ADDITIONAL SERVICES SUPPORTING THESE CORE PROGRAMS ARE IN PLACE TO FOSTER EACH RESIDENT'S SOCIAL, EMOTIONAL, MENTAL, SPIRITUAL, AND VOCATIONAL GROWTH AND DEVELOPMENT.


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Board, Officers & Key Employees

Name (title)Compensation
Neil Johnson
President
$0
Georgia Thesing
Vice President
$0
Saundra Benson
Treasurer
$0
Bernice Kostrzewskie
Secretary
$0
Jan Moore
Board Member
$0
Pat Ryan
Board Member (july-Sept)
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Aegis Therapies Inc
Therapy Contractor
$474,926
Douglas A Carolson Development
Construction - New Siding/windows
$215,701
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$4,966
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$4,966
Total Program Service Revenue$6,742,681
Investment income $97,626
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$41,221
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $6,804,052

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