Healtheast Care Center-White Bear Lake
- Assets
- $20.7m
- Revenue
- $18.8m
- Investments
- $0.0
- Employees
- 364
- Location
- Minneapolis, MN
- Founding
- 10/2000
- Data as of
- 06/2022
- EIN
- 41-1983267
Organization Overview
Healtheast Care Center-White Bear Lake is located in Minneapolis, MN. The organization was established in 2000. 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 06/2022, Healtheast Care Center-White Bear Lake employed 364 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Healtheast Care Center-White Bear Lake 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 06/2022, Healtheast Care Center-White Bear Lake generated $18.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 1.6% each year. All expenses for the organization totaled $18.6m during the year ending 06/2022. While expenses have increased by 1.0% 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO ASSIST AND COORDINATE ACTIVITES OF, AND FACILITIES, FOR, HEALTH CARE, SOCIAL SERVICES, EDUCATION AND RESEARCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF CERENITY CARE CENTER - WHITE BEAR LAKE, A 138 BED LONG-TERM CARE FACILITY IN WHITE BEAR LAKE, MINNESOTA WHICH PROVIDES SKILLED NURSING CARE TO THE ELDERLY. THE FACILITY HAD 76.1% OCCUPANCY AND SERVED 629 INDIVIDUALS DURING THE FISCAL YEAR ENDING 6/30/22.
OPERATION OF CERENITY RESIDENCE - WHITE BEAR LAKE, A 43 UNIT BED LONG-TERM CARE FACILITY IN WHITE BEAR LAKE, MINNESOTA WHICH PROVIDES ASSISTED LIVING CARE TO THE ELDERLY. THE FACILITY HAD A 70.9% OCCUPANCY AND SERVED 49 INDIVIDUALS DURING THE FISCAL YEAR ENDING 6/30/22.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Carley CEO Of Bhs | OfficerTrustee | 1 | $0 |
Kevin Rymanowski CFO Of Bhs & Treasurer | OfficerTrustee | 1 | $0 |
William Foussard Director | Trustee | 1 | $0 |
Joan Grzywinski Director | Trustee | 1 | $0 |
Dawn Ksepka Director | Trustee | 1 | $0 |
Jonathan Lundberg Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Benedictine Health System Management Services | 6/29/22 | $1,131,483 |
Metro Nursing Staffing Services Llc Temporary Nursing Staffing | 6/29/22 | $1,085,878 |
Nelsen Roofing & Sheet Metal Roof Repairs | 6/29/22 | $208,884 |
Towne Healthcare Staffing Temporary Nursing Staffing | 6/29/22 | $108,715 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $559,872 |
| Government grants | $96,773 |
| All other contributions, gifts, grants, and similar amounts not included above | $16,329 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $672,974 |
| Total Program Service Revenue | $17,796,147 |
| Investment income | $6,445 |
| 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 | $18,800,526 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $32,945 |
| Grants and other assistance to domestic individuals. | $73,360 |
| 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 | $9,008,630 |
| Pension plan accruals and contributions | $134,165 |
| Other employee benefits | $1,283,675 |
| Payroll taxes | $571,476 |
| Fees for services: Management | $1,131,482 |
| Fees for services: Legal | -$4,745 |
| Fees for services: Accounting | $19,404 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,981,483 |
| Advertising and promotion | $129,893 |
| Office expenses | $107,537 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $720,120 |
| Travel | $15,403 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $348,827 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $713,843 |
| Insurance | $190,996 |
| All other expenses | $70,766 |
| Total functional expenses | $18,559,069 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $2,495,509 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,317,632 |
| 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 | $116,647 |
| Net Land, buildings, and equipment | $14,758,297 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $57,694 |
| Other assets | $914,718 |
| Total assets | $20,660,497 |
| Accounts payable and accrued expenses | $1,538,328 |
| Grants payable | $0 |
| Deferred revenue | $233,378 |
| Tax-exempt bond liabilities | $10,698,959 |
| Escrow or custodial account liability | $57,137 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $57,669 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $125,119 |
| Total liabilities | $12,710,590 |
| Net assets without donor restrictions | $7,537,926 |
| Net assets with donor restrictions | $411,981 |
| 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 | $20,660,497 |