Lrhc Long Term Care Facilities Inc

Organization Overview

Lrhc Long Term Care Facilities Inc, operating under the name Mill Street Residence, is located in Fergus Falls, MN. The organization was established in 1995. 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 09/2021, Mill Street Residence employed 70 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mill Street Residence 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, Mill Street Residence generated $2.6m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.5% each year. All expenses for the organization totaled $2.4m during the year ending 09/2021. While expenses have increased by 1.2% 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.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

OUR GOAL IS TO PROVIDE OUR TENANTS WITH A GRACIOUS LIFESTYLE IN A SAFE, SECURE, RESIDENTIAL SETTING. WE WILL PROMOTE PROGRAMS WHICH ENCOURAGE YOU TO PRACTICE A HEALTHY LIFESTYLE. WE WILL TREAT THOSE WE SERVE WITH DIGNITY AND RESPECT. YOUR RIGHT TO PRIVACY WILL ALWAYS BE PROTECTED AND WE WILL ENCOURAGE EVERYONE TO MAKE THEIR OWN CHOICES WHEN IT COMES TO CARE AND LIFESTYLE.

Describe the Organization's Program Activity:

Part 3 - Line 4a

MILL STREET RESIDENCE IS THE AREA'S PREMIER PROVIDER OF ASSISTED LIVING SERVICES. WE PROVIDE OUR TENANTS WITH A WIDE RANGE OF PERSONAL CARE AND NURSING SERVICES. IN ORDER TO OFFER A PREDICTABLE FEE STRUCTURE FOR ALL OUR TENANTS, WE HAVE DEVELOPED A LEVEL OF CARE PROGRAM TO ADDRESS INDIVIDUAL HEALTH AND SERVICE NEEDS. SERVICES INCLUDED IN EACH LEVEL OF CARE MAY INCLUDE ANY COMBINATION OF THE FOLLOWING: RN SUPERVISION AND OVERSIGHT, WEEKLY WELLNESS CLINIC, ROUTINE COMMUNICATION RELATED TO CHANGES IN HEALTH OR CARE LEVEL NEEDS, ASSISTANCE WITH ACTIVITIES OF DAILY LIVING, WEEKLY MEDICATION SETUP, MEDICATION REMINDERS AND/OR ADMINISTRATION, FOOT CARE, ONE PERSON ASSISTANCE WITH TRANSFERS, ASSISTANCE WITH SHOWER OR WHIRLPOOL BATH, BLOOD DRAWS FOR LAB WORK, MONITORING OF BLOOD SUGARS, ESCORTS TO MEALS AND ACTIVITIES AND ASSISTANCE WITH TOILETING AND CONTINENCE NEEDS.


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Board, Officers & Key Employees

Name (title)Compensation
Kent Mattson
CEO
$0
Laurel Nelson
Trustee
$0
John Erickson
Trustee
$0
Colt Edin
Trustee
$0
Rud Wasson
Board Chair
$0
Naomi Schmid
Trustee
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$0
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$13,472
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$13,472
Total Program Service Revenue$2,271,442
Investment income $259,980
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $68,111
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $2,619,814

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Lrhc Long Term Care Facilities Inc has recieved totaling $71,300.

Awarding OrganizationAmount
Lake Region Healthcare Foundation

Fergus Falls, MN

PURPOSE: TO ENHANCE PATIENT SERVICES PROVIDED AT LAKE REGION HEALTHCARE

$71,300
View Grant Recipient Profile

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