Villa St Vincent
- Assets
- $12.6m
- Revenue
- $14.4m
- Investments
- $0.0
- Employees
- 379
- Location
- Minneapolis, MN
- Founding
- 03/1946
- Data as of
- 06/2021
- EIN
- 41-1352227
Organization Overview
Villa St Vincent is located in Minneapolis, MN. The organization was established in 1946. 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 06/2021, Villa St Vincent employed 379 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Villa St Vincent 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 06/2021, Villa St Vincent generated $14.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.1% each year. All expenses for the organization totaled $13.1m during the year ending 06/2021. While expenses have increased by 3.7% per year over the past 6 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.
Since 2015, Villa St Vincent has awarded 14 individual grants totaling $843,250. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO WITNESS TO GOD'S LOVE BY PROVIDING COMPASSIONATE, QUALITY CARE WITH SPECIAL CONCERN FOR THE UNDERSERVED AND THOSE IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF BENEDICTINE LIVING COMMUNITY - CROOKSTON IS A 104 BED LONG-TERM CARE FACILITY IN CROOKSTON, MINNESOTA, WHICH PROVIDES SKILLED NURSING CARE TO THE ELDERLY. THE FACILITY HAD 85.3% OCCUPANCY AND SERVED 279 INDIVIDUALS DURING THE FISCAL YEAR ENDING 6/30/21.
OPERATION OF BENEDICTINE THE SUMMIT IS A 53 UNIT FACILITY IN CROOKSTON, MINNESOTA, WHICH PROVIDES ASSISTED LIVING SERVICES TO THE ELDERLY. THE FACILITY HAD 84.8% OCCUPANCY AND SERVED 67 INDIVIDUALS DURING THE FISCAL YEAR ENDING 6/30/21.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Diane Grove Case Mgmt Dir | 40 | $102,101 | |
Rachael Laplante Clinical Dir | 40 | $100,055 | |
Tia Bowe VP Of Bhs/president | OfficerTrustee | 1 | $0 |
Ryan Palm Chair | OfficerTrustee | 1 | $0 |
Kevin Rymanowski CFO Of Bhs | Officer | 1 | $0 |
Judy Hulst Executive Director | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Benedictine Health System Management Services | 6/29/21 | $838,943 |
Mckesson Medical Medical Supplies | 6/29/21 | $183,790 |
Us Food Service- Nw 6059 Food & Culinary Supplies | 6/29/21 | $403,246 |
Direct Supply Supplies & Equipment | 6/29/21 | $159,750 |
Alixa Rx Pharmacy Services | 6/29/21 | $148,582 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $226,358 |
| Government grants | $712,232 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $938,590 |
| Total Program Service Revenue | $13,670,886 |
| Investment income | $6,972 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $700 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,355,169 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $204,288 |
| Grants and other assistance to domestic individuals. | $17,636 |
| 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 | $7,094,172 |
| Pension plan accruals and contributions | $110,359 |
| Other employee benefits | $790,220 |
| Payroll taxes | $561,407 |
| Fees for services: Management | $815,208 |
| Fees for services: Legal | $2,431 |
| Fees for services: Accounting | $15,167 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $379,802 |
| Advertising and promotion | $31,710 |
| Office expenses | $42,044 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $510,713 |
| Travel | $17,612 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $334,650 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $465,708 |
| Insurance | $130,916 |
| All other expenses | $103,341 |
| Total functional expenses | $13,108,622 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,303,218 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,270,953 |
| 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 | $57,225 |
| Net Land, buildings, and equipment | $7,092,950 |
| Investments—publicly traded securities | $970,209 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $879,262 |
| Total assets | $12,573,817 |
| Accounts payable and accrued expenses | $1,057,788 |
| Grants payable | $0 |
| Deferred revenue | $256,933 |
| Tax-exempt bond liabilities | $7,923,222 |
| Escrow or custodial account liability | $61,244 |
| 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 | $370,761 |
| Total liabilities | $9,669,948 |
| Net assets without donor restrictions | $2,351,760 |
| Net assets with donor restrictions | $552,109 |
| 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 | $12,573,817 |
Grants Awarded
Over the last fiscal year, Villa St Vincent has awarded $203,491 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Minneapolis, MN PURPOSE: SYSTEM SUPPORT & STRATEGIC CAPITAL | $144,935 |
BENEDICTINE HEALTH SYSTEM FOUNDATION PURPOSE: FOUNDATION EXPENSES | $58,556 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Villa St Vincent has recieved totaling $150,000.
| Awarding Organization | Amount |
|---|---|
Mount Saint Benedict Foundation Crookston, MN PURPOSE: GRANT FOR MOMMOTH UNIT REPLACEMENT | $150,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Knute Nelson Alexandria, MN | $65,707,296 | $38,034,818 |
Foundation For Health Care Continuums Sartell, MN | $70,652,957 | $36,760,475 |
Missouri Slope Lutheran Care Center Bismarck, ND | $98,166,713 | $36,127,311 |
Elim Homes Inc Edina, MN | $49,132,741 | $36,791,332 |
Benedictine Living Communities Inc Minneapolis, MN | $22,523,153 | $33,504,114 |
Valley Homes And Services Grand Forks, ND | $24,112,129 | $31,398,381 |
American Lutheran Homes Inc Fargo, ND | $43,343,032 | $34,765,772 |
Walker Methodist Minnetonka, MN | $71,311,636 | $29,368,798 |
Lyngblosten Care Center Inc St Paul, MN | $25,120,297 | $27,402,531 |
Ebenezer Society Edina, MN | $59,031,436 | $25,607,593 |
The Lutheran Home Inc Wauwatosa, WI | $32,526,623 | $29,348,190 |
Grace Lutheran Foundation Inc Eau Claire, WI | $34,935,456 | $25,987,857 |