Divine Providence Health Center Inc
- Assets
- $306.6k
- Revenue
- $487.2k
- Investments
- $0.0
- Employees
- 0
- Location
- Ivanhoe, MN
- Founding
- 03/1946
- Data as of
- 09/2022
- EIN
- 41-0912391
Organization Overview
Divine Providence Health Center Inc is located in Ivanhoe, MN. The organization was established in 1946. According to its NTEE Classification (E22) the organization is classified as: General Hospitals, under the broad grouping of Health Care and related organizations. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Divine Providence Health Center 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 09/2022, Divine Providence Health Center Inc generated $487.2k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (18.3%) each year. All expenses for the organization totaled $109.0k during the year ending 09/2022. As we would expect to see with falling revenues, expenses have declined by (33.5%) per year over the past 7 years. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
DIVINE PROVIDENCE WAS A LEADING PROVIDER OF HIGH QUALITY HEALTH CARE SERVICES IN THE REGION. DUE TO COVID, THE NURSING HOME WAS CLOSED IN JUNE 2021.
Describe the Organization's Program Activity:
Part 3 - Line 4a
DIVINE PROVIDENCE HEALTH CENTER MAINTAINED AND OPERATED A 25 BED SKILLED NURSING FACILITY AND 7 UNIT SENIOR APARTMENT COMPLEX. DUE TO COVID THE FACILITY CLOSED IN JUNE 2021
DIVINE PROVIDENCE HEALTH CENTER MAINTAINED AND OPERATED A 25-BED LICENSED SKILLED NURSING FACILITY AND 7 UNIT SENIOR APARTMENT COMPLEX FOR THE CARE AND TREATMENT OF SICK, DISABLED AND AGED PERSONS, AND PARTICIPATED IN VARIOUS ACTIVITIES TO PROMOTE THE GENERAL HEALTH OF THE COMMUNITY. DUE TO COVID THE FACILITY HAS CLOSED THE NURSING FACILITY. THE APARTMENTS ARE STILL AVAILABLE TO THE PUBLIC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mark Gawarecki President | Officer | $0 | |
Linda Guza Vice Preside | OfficerTrustee | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $411,840 |
| All other contributions, gifts, grants, and similar amounts not included above | $44,565 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $456,405 |
| Total Program Service Revenue | $30,841 |
| Investment income | $3 |
| 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 | $487,249 |
| 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 | -$24,342 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $550 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $74 |
| Office expenses | $3,222 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $56,861 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $47,136 |
| Insurance | $25,462 |
| All other expenses | $0 |
| Total functional expenses | $108,963 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,265 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,275 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $3,392 |
| Net Land, buildings, and equipment | $281,622 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $306,554 |
| Accounts payable and accrued expenses | $74,679 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| 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 | $249,976 |
| Total liabilities | $324,655 |
| Net assets without donor restrictions | -$108,059 |
| Net assets with donor restrictions | $89,958 |
| 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 | $306,554 |