Arc Retreat Community
- Assets
- $337.3k
- Revenue
- $426.2k
- Investments
- $0.0
- Employees
- 15
- Location
- Stanchfield, MN
- Founding
- 01/1977
- Data as of
- 12/2023
- EIN
- 41-1287786
Organization Overview
Arc Retreat Community is located in Stanchfield, MN. The organization was established in 1977. According to its NTEE Classification (P82) the organization is classified as: Developmentally Disabled Centers, under the broad grouping of Human Services and related organizations. As of 12/2023, Arc Retreat Community employed 15 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arc Retreat Community 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, Arc Retreat Community generated $426.2k in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.8% each year. All expenses for the organization totaled $624.9k during the year ending 12/2023. 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
PROMOTES SPIRITUAL RENEWAL BY HOSTING GROUP AND INDIVIDUAL RETREATS AND OTHER PROGRAMS IN A NURTURING AND INVITING LEARNING ENVIRONMENT. RETREAT PARTICIPANTS INCLUDE CHURCH GROUPS AND SPIRITUALITY GROUPS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RETREATANTS WERE PROVIDED CARE, WHOLESOME MEALS AND RESPITE FROM AN OTHERWISE BUSY AND DISTRACTING LIFE IN A RICH LEARNING ENVIORNMENT.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Suzanne Begin Executive Director | Officer | 40 | $0 |
Michael Tessneer Vice Chairman | OfficerTrustee | 3 | $0 |
Paul Halvorson Treasurer/secretary | OfficerTrustee | 3 | $0 |
Caroline O'grady Secretary | OfficerTrustee | 3 | $0 |
David Tidball Board Member | OfficerTrustee | 3 | $0 |
Eric Howell Board Member | Trustee | 2 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $3,052 |
| Related organizations | $0 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $138,409 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $141,461 |
| Total Program Service Revenue | $282,003 |
| Investment income | $68 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $8 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $2,639 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $426,179 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $29,151 |
| 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. | $48,400 |
| Compensation of current officers, directors, key employees. | $48,400 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $195,411 |
| Pension plan accruals and contributions | $12,000 |
| Other employee benefits | $0 |
| Payroll taxes | $22,759 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $21,159 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $6,119 |
| Advertising and promotion | $0 |
| Office expenses | $24,164 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $150,762 |
| Travel | $5,282 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $13,002 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $18,604 |
| Insurance | $23,510 |
| All other expenses | $0 |
| Total functional expenses | $624,850 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,174 |
| Savings and temporary cash investments | $63,695 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | -$10,991 |
| 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 | $0 |
| Net Land, buildings, and equipment | $264,419 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $337,297 |
| Accounts payable and accrued expenses | $28,151 |
| 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 | $643,444 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $52,660 |
| Total liabilities | $724,255 |
| Net assets without donor restrictions | $0 |
| 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 | -$386,958 |
| Total liabilities and net assets/fund balances | $337,297 |