Cokato Charitable Trust is located in Cokato, MN. The organization was established in 1983. According to its NTEE Classification (T90) the organization is classified as: Named Trusts N.E.C., under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 09/2021, Cokato Charitable Trust employed 253 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cokato Charitable Trust 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 09/2021, Cokato Charitable Trust generated $8.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.7% each year. All expenses for the organization totaled $8.3m during the year ending 09/2021. While expenses have increased by 3.6% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE ELDERLY PERSONS HOUSING AND SERVICES TO MEET PHYSICAL, SOCIAL, AND PSYCHOLOGICAL NEEDS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
COKATO MANOR PROVIDES SKILLED NURSING CARE FOR OLDER ADULTS WHO NEED HEALTH CARE AND SUPPORT SERVICES INCLUDING PHYSICAL, OCCUPATIONAL AND SPEECH THERAPY. COKATO MANOR IS MEDICARE AND MEDICAID CERTIFIED. COKATO MANOR OFFERS LONG-TERM, SHORT-TERM, ADULT DAY CARE AND HOME HEALTH CARE. COKATO MANOR PROVIDES LIVING SPACE FOR 56 RESIDENTS IN DOUBLE AND PRIVATE ROOMS. COKATO MANOR IS COMMITTED TO PROVIDING SERVICES IN A CARING ENVIRONMENT THAT ENHANCES THE QUALITY OF LIFE AND MAINTAINS THE MAXIMUM LEVEL OF FUNCTIONING. COKATO MANOR IS A RESTRAINT-FREE FACILITY AND HAS A REPUTATION FOR ITS EXCELLENCE IN QUALITY OF CARE.COKATO MANOR EXISTS TO EFFECTIVELY MEET THE NEEDS OF THE RESIDENT IN A CARING MANNER AND OFFERS THE FOLLOWING:-NURSING-DIETARY -SOCIAL SERVICE-ACTIVITIES-LAUNDRY-HOUSEKEEPING-RELIGIOUS SERVICES-MAINTENANCE-REHABILITATION SERVICES INCLUDING PHYSICAL THERAPY, OCCUPATIONAL THERAPY AND SPEECH THERAPY
BROOKRIDGE IS AN ASSISTED LIVING RESIDENCE THAT HOLDS THE KEY TO COMFORTABLE AND AFFORDABLE SENIOR HOUSING WITH A HEALTH CARE TOUCH. AT BROOKRIDGE, OUR GOAL IS TO PROVIDE TENANTS WITH ALL THE SERVICES NEEDED SO THEY REMAIN VITAL AND ACTIVE. OUR STAFF STRIVES TO HELP TENANTS ACHIEVE THE HIGHEST POSSIBLE LEVEL OF GOOD HEALTH, SELF-CARE AND INDEPENDENCE. AS A MEMBER OF THE BROOKRIDGE COMMUNITY, THEIR NEIGHBORS ARE THEIR FRIENDS. TENANTS EXPERIENCE THE SENSE OF FAMILY THAT TRULY ENCOURAGES THEM TO FEEL RIGHT AT HOME.BROOKRIDGE OFFERS THE FOLLOWING SERVICES TO ITS RESIDENTS:-PAID UTILITIES (TELEPHONE NOT INCLUDED)-FREE CABLE TELEVISION-THREE MEALS A DAY, INCLUDING SNACKS-24-HOUR EMERGENCY RESPONSE SYSTEM-STAFFING AROUND-THE-CLOCK AND AN RN AVAILABLE 24-HOURS A DAY-FULL LAUNDRY SERVICES, INCLUDING LINENS-HOUSEKEEPING INCLUDING REFUSE REMOVAL-NON-EMERGENCY SCHEDULED TRANSPORTATION-FIREPLACE LOUNGE FOR GATHERINGS, COMPANIONSHIP AND ENTERTAINING-CENTRAL AIR CONDITIONING-DIRECT ACCESS TO CHAPEL-SPRINKLERS AND ALARMS FOR FIRE SAFETY-CONVENIENT, INDOOR MAIL DROP-CENTRALLY-LOCATED ELEVATOR-APARTMENT-SIZED REFRIGERATOR AND MICROWAVE PROVIDED-BARBER/BEAUTY SHOP-EXCITING ACTIVITIES PROGRAM-OFF-STREET PARKING FOR YOU AND YOUR GUESTS-HANDICAP-ACCESSIBLE SHOWERS-DAILY CHECKING ON TENANTS-LOCAL PROFESSIONAL MANAGEMENT
COKATO MANOR HOME HEALTH (CMHH) IS ANOTHER COMPONENT OF THE CONTINUUM OF CARE TO PROVIDE THE COMMUNITY WITH COMPREHENSIVE AND COMPASSIONATE CARE WHEREBY HEALTH, SOCIAL AND SUPPORTIVE SERVICES ARE PROVIDED TO THE INDIVIDUALS IN THEIR OWN HOME. OUR GOAL IN HOME HEALTH IS TO MAXIMIZE THE LEVEL OF INDEPENDENCE, WHILE MINIMIZING THE EFFECTS OF DISABILITIES AND ILLNESS.CMHH IS LICENSED BY THE MINNESOTA DEPARTMENT OF HEALTH AS A COMPREHENSIVE HOME CARE PROVIDER AND IS MEDICARE CERTIFIED AND IS A CONTRACTED PROVIDER OF MOST PRIVATE INSURANCE.COKATO MANOR HOME HEALTH PROVIDES THE FOLLOWING SERVICES:-SKILLED NURSING-PHYSICAL ASSESSMENTS (ORDERED BY PHYSICIANS)-POST-HOSPITALIZATION CARE-WOUND EVALUATION WITH DRESSING CHANGES-CARDIAC AND RESPIRATORY ASSESSMENTS-MEDICATION INSTRUCTION AND FOLLOW-UP-AT-HOME THERAPY-RESTORATIVE NURSING-PHYSICAL THERAPY-OCCUPATIONAL THERAPY -SPEECH THERAPYHOME HEALTH AIDE:-PERSONAL CARE ASSISTANCE UNDER THE SUPERVISION OF A RN; BATHING, DRESSING, NUTRITION ASSISTANCE-LIGHT HOUSEKEEPING TASKS AND MEAL PREPARATION-ASSISTANCE WITH MAINTAINING SAFETY AND INDEPENDENCE IN THE HOME
COVID-19 HAS HAD AN IMPACT WITHIN ALL DIVISIONS OF COKATO CHARITABLE TRUST IN NUMEROUS WAYS:-INCREASED COSTS DUE TO ACQUIRING PERSONNEL PROTECTIVE EQUIPMENT, TESTING OF STAFF AND RESIDENTS, AND POOL STAFF USAGE-DECREASED CENSUS IN THE SENIOR COMMUNITY -NEW REGULATIONS FROM MDH ON SCREENING OF ALL INDIVIDUALS ENTERING THE BUILDING-NEW REGULATIONS TO ADHERE TO REACH COMPLIANCE
Name (title) | Role | Hours | Compensation |
---|---|---|---|
James Broich Administrator Finance Director (thru Feb. 2021) | OfficerTrustee | 1 | $157,268 |
Tresha Melquist Administrator (as Of Feb. 2021) | Officer | 40 | $80,948 |
Jamie Christianson Office Manager | Officer | 40 | $58,082 |
Lyle Severson Vice Chair | OfficerTrustee | 0.3 | $0 |
Steven Hanson Chair | OfficerTrustee | 0.3 | $0 |
Peggy Carlson Secretary | OfficerTrustee | 0.3 | $0 |
Vendor Name (Service) | Service Year | Compensation |
---|---|---|
A R Engh Heating-cooling-plumbing | 9/29/21 | $192,455 |
Pro Rehab Therapy Services | 9/29/21 | $188,648 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $1,400,181 |
All other contributions, gifts, grants, and similar amounts not included above | $41,848 |
Noncash contributions included in lines 1a–1f | $0 |
Total Revenue from Contributions, Gifts, Grants & Similar | $1,442,029 |
Total Program Service Revenue | $7,299,522 |
Investment income | $43,755 |
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 | $8,785,306 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $81,058 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $382,464 |
Compensation of current officers, directors, key employees. | $382,464 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $4,089,726 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $478,636 |
Payroll taxes | $313,561 |
Fees for services: Management | $0 |
Fees for services: Legal | $28,041 |
Fees for services: Accounting | $34,877 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $424,956 |
Advertising and promotion | $34,925 |
Office expenses | $622,757 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $361,007 |
Travel | $29,796 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $10,608 |
Interest | $268,513 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $501,884 |
Insurance | $76,324 |
All other expenses | $53,391 |
Total functional expenses | $8,258,297 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $0 |
Savings and temporary cash investments | $1,469,462 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $524,641 |
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 | $34,097 |
Net Land, buildings, and equipment | $4,238,164 |
Investments—publicly traded securities | $2,837,052 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $0 |
Total assets | $9,103,416 |
Accounts payable and accrued expenses | $696,034 |
Grants payable | $0 |
Deferred revenue | $0 |
Tax-exempt bond liabilities | $5,258,655 |
Escrow or custodial account liability | $11,379 |
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 | $147,337 |
Total liabilities | $6,113,405 |
Net assets without donor restrictions | $2,990,011 |
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 | $0 |
Total liabilities and net assets/fund balances | $9,103,416 |
Over the last fiscal year, we have identified 2 grants that Cokato Charitable Trust has recieved totaling $40,000.
Awarding Organization | Amount |
---|---|
Morris Foundation Cokato, MN PURPOSE: FOR ASSISTANCE TO ELDERLY PEOPLE | $20,000 |
Morris Foundation Cokato, MN PURPOSE: FOR ASSISTANCE TO ELDERLY PEOPLE | $20,000 |
Organization Name | Assets | Revenue |
---|---|---|
William F Vilas Estate Oregon, WI | $133,759,429 | $14,905,447 |
Woodbourne Charitable Trust Plymouth, MN | $1,142,964 | $10,020,932 |
James M Stanton Foundation Bloomington, MN | $29,105,685 | $38,323,984 |
Cokato Charitable Trust Cokato, MN | $9,103,416 | $8,785,306 |
Jay And Rose Phillips Family Foundation Of Minnesota Minneapolis, MN | $65,545,808 | $6,097,586 |
Hennessey Charitable Trust Dubuque, IA | $69,986,391 | $0 |
Marie H Bechtel Charitable Trust Davenport, IA | $48,721,172 | $1,150,391 |
Henry J Predolin Foundation Inc Madison, WI | $69,057,848 | $691,560 |
Ciresi Walburn Foundation For Children Minneapolis, MN | $31,215,919 | $1,296,068 |
Holthues Tr Muscatine, IA | $22,886,855 | $2,685,899 |
Murphy Charitable Family Foundation Ankeny, IA | $6,139,720 | $12,111 |
Conrad Heskin Charitable Trust Grand Forks, ND | $0 | $281,368 |