Minnewaska Home Development Inc
- Assets
- $106.0k
- Revenue
- $0.0
- Investments
- $0.0
- Employees
- 0
- Location
- Starbuck, MN
- Founding
- 08/1985
- Data as of
- 09/2023
- EIN
- 41-1504339
Organization Overview
Minnewaska Home Development Inc is located in Starbuck, MN. The organization was established in 1985. According to its NTEE Classification (E90) the organization is classified as: Nursing, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Minnewaska Home Development 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 09/2023, Minnewaska Home Development Inc generated $85.3k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 8 years, the organization has seen revenues fall by an average of (4.0%) each year. All expenses for the organization totaled $112.2k during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.
Form
990EZ
Mission & Program ActivityExcerpts From the 990EZ Filing
TAX YEAR
2023
Describe the Organization's Program Activity:
Part 3
THE PRIMARY EXEMPT PURPOSE IS TO DEVELOP AND ADMINISTER PROGRAMS THAT WILL PROVIDE FINANCIAL RESOURCES TO SUPPORT MINNEWASKA LUTHERAN HOME AND ORGANIZATIONS AFFILIATED WITH MINNEWASKA LUTHERAN HOME. THESE PROGRAMS WILL BENEFIT THE ELDERLY AND LONG TERM CARE RECIPIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Kayo Aslagson Chairman | 0 | $0 | |
Faith Anderson Secretary | 0 | $0 | |
Peter Brandt Vice President | 0 | $0 | |
Warren Hagestuen Director | 0 | $0 | |
Robert Hendrickson Treasurer | 0 | $0 | |
Alice Reese Director | 0 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $84,945 |
| Total Program Service Revenue | $0 |
| Membership dues | $0 |
| Investment income | $324 |
| Gain or Loss | $0 |
| Net Income from Gaming & Fundraising | $0 |
| Other Revenue | $0 |
| Total Revenue | $85,269 |
| Statement of Expenses | |
|---|---|
| Grants and similar amounts paid | $0 |
| Benefits paid to or for members | $0 |
| Salaries, other compensation, and employee benefits | $0 |
| Professional fees and other payments to independent contractors | $1,145 |
| Occupancy, rent, utilities, and maintenance | $0 |
| Printing, publications, postage, and shipping | $6 |
| Other expenses | $0 |
| Total expenses | $112,186 |
| Balance Sheet | |
|---|---|
| Cash, savings, and investments | $106,002 |
| Other assets | $0 |
| Total assets | $106,002 |
| Total liabilities | $0 |
| Net assets or fund balances | $106,002 |