Luther Haven
- Assets
- $8.1m
- Revenue
- $11.4m
- Investments
- $0.0
- Employees
- 172
- Location
- Montevideo, MN
- Founding
- 11/1961
- Data as of
- 12/2023
- EIN
- 41-0977369
Organization Overview
Luther Haven is located in Montevideo, MN. The organization was established in 1961. 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 12/2023, Luther Haven employed 172 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Luther Haven 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, Luther Haven generated $11.4m in total revenue. This represents relatively stable growth, over the past 9 years the organization has increased revenue by an average of 6.7% each year. All expenses for the organization totaled $9.2m during the year ending 12/2023. While expenses have increased by 3.7% per year over the past 9 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
PROVIDE SERVICES TO THE ELDERLY AND DISABLED IN THE MONTEVIDEO AND THE SOUTHWEST AREA OF MINNESOTA. WE CARE FOR THE TOTAL PERSON AND PROVIDE LONG TERM CARE AND SHORT REHAB SERVICES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CARE CENTER:NURSING DEPARTMENT WITH A BUDGET OF 3.8 MILLION IS OUR LARGEST DEPARTMENT. IT EMPLOYS APPROXIMATELY 65 EMPLOYEES. WE PROVIDE LONG AND SHORT STAY CARE AND A FULL LINE OF REHAB SERVICES TO PROMOTE MAXIMUM RESIDENT HEALTH AND RETURN TO COMMUNITY. WE ARE LICENSED FOR 70 BEDS. ALSO, ON THE CAMPUS IS COPPER GLEN, ASSISTED LIVING AND THE MONTEVIDEO-CHIPPEWA COUNTY HOSPITAL AND MEDICAL CENTER. ALL BUILDINGS ARE CONNECTED, AND CERTAIN SERVICES ARE SHARED FOR COST SHARING AND COST SAVINGS. WE ARE CERTIFIED WITH MEDICARE AND MEDICAID AND LICENSED WITH THE MINNESOTA DEPARTMENT OF HEALTH.
COPPER GLEN:COPPER GLEN IS A LICENSED CLASS F ASSISTED LIVING FACILITY. COPPER GLEN IS DESIGNED AS AN APARTMENT STYLE COMPLEX WITH SERVICES AVAILABLE TO ASSIST THE TENANTS TO AGE IN A HOME ENVIRONMENT. PROGRAM SERVICES ARE INTENDED TO BRIDGE THE GAP BETWEEN INDEPENDENT LIVING AND THE CARE CENTER. SERVICES PROVIDED INCLUDE MEALS, BATHING, HOUSEKEEPING, MAINTENANCE, LAUNDRY, AND REGISTERED NURSE SUPERVISION STAFFING. ALSO PROVIDED ARE ALA CARTE SERVICES, CENTRAL STORAGE OF MEDICATIONS, MEDICATION ADMINISTRATION AND MANAGEMENT. VOLUNTEERS AND A LOCAL PASTORAL ORGANIZATION PROVIDE WORSHIP SERVICES.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ann Nordstrom Finance Director | Officer | 40 | $77,863 |
Justin Hughes Pres/treas/administr. (thru 6/2023) | OfficerTrustee | 40 | $50,059 |
Tim Byrne Administrator | Officer | 40 | $4,866 |
Lesa Vandermeer See Schedule O Interim Administrator (thru 10/2023) | Officer | 40 | $0 |
Judy Bernat See Schedule O Interim Administrator (thru 12/2023) | Officer | 40 | $0 |
Kalin Evenson Chair | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Big Stone Therapies Inc Pt/ot/st Therapy Services | 12/30/23 | $325,330 |
Haddbm Llc Staffing Agency | 12/30/23 | $236,922 |
All Temporaries Midwest Staffing Agency | 12/30/23 | $319,171 |
Glacier Companies Llc Roofing Construction Services | 12/30/23 | $161,663 |
Prime Time Healthcare Llc Staffing Agency | 12/30/23 | $127,117 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,068,461 |
| All other contributions, gifts, grants, and similar amounts not included above | $9,117 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,077,578 |
| Total Program Service Revenue | $9,268,565 |
| Investment income | $29,434 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$7,674 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $11,370,518 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $15,955 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $158,876 |
| Compensation of current officers, directors, key employees. | $158,876 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,264,916 |
| Pension plan accruals and contributions | $47,040 |
| Other employee benefits | $658,063 |
| Payroll taxes | $330,992 |
| Fees for services: Management | $124,929 |
| Fees for services: Legal | $9,598 |
| Fees for services: Accounting | $34,600 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,538,522 |
| Advertising and promotion | $999 |
| Office expenses | $66,685 |
| Information technology | $24,821 |
| Royalties | $0 |
| Occupancy | $212,988 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $6,224 |
| Interest | $267 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $219,578 |
| Insurance | $95,375 |
| All other expenses | $58,687 |
| Total functional expenses | $9,186,671 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,312,314 |
| Savings and temporary cash investments | $672,613 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,067,660 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $43,580 |
| Prepaid expenses and deferred charges | $57,715 |
| Net Land, buildings, and equipment | $3,023,938 |
| Investments—publicly traded securities | $1,939,575 |
| Investments—other securities | $0 |
| Investments—program-related | $12,260 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $8,129,655 |
| Accounts payable and accrued expenses | $636,069 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $10,885 |
| 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 | $17,649 |
| Total liabilities | $664,603 |
| Net assets without donor restrictions | $7,444,149 |
| Net assets with donor restrictions | $20,903 |
| 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 | $8,129,655 |