Good Shepherd Geriatric Center Inc
- Assets
- $49.1m
- Revenue
- $22.5m
- Investments
- $0.0
- Employees
- 465
- Location
- Mason City, IA
- Founding
- 09/1963
- Data as of
- 09/2021
- EIN
- 42-0725236
Organization Overview
Good Shepherd Geriatric Center Inc, operating under the name Good Shepherd Health Center Inc Good Shepherd Inc, is located in Mason City, IA. The organization was established in 1963. According to its NTEE Classification (G94) the organization is classified as: Geriatrics, under the broad grouping of Voluntary Health Associations & Medical Disciplines and related organizations. As of 09/2021, Good Shepherd Health Center Inc Good Shepherd Inc employed 465 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Good Shepherd Health Center Inc Good Shepherd 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 09/2021, Good Shepherd Health Center Inc Good Shepherd Inc generated $22.5m 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 $18.4m during the year ending 09/2021. While expenses have increased by 1.8% 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
SKILLED NURSING FACILITY, ASSISTED LIVING FACILITY AND INDEPENDENT LIVING FOR ELDERLY. NURSING FACILITY IS MEDICARE AND MEDICAID CERTIFIED. PROVIDE SPEECH, PHYSICAL AND OCCUPATIONAL THERAPY. LICENSED FOR 210 BEDS. ASSISTED LIVING FACILITY - 2 LOCATIONS - LICENSED FOR 106 RESIDENTS. INDEPENDENT LIVING FACILITY PROVIDES LAUNDRY FACILITIES, A NOON MEAL AND INDOOR/OUTDOOR PARKING - 93 APARTMENTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
NURSING HOME CARE: LONG TERM CARE NURSING FACILITY WITH 210 LICENSED BEDS, PROVIDING PHARMACY AND THERAPY SERVICES TO THE RESIDENTS. (210 BEDS)
NURSING HOME CARE: ASSISTED LIVING FACILITY FOR ELDERLY (KENTUCKY RIDGE.) SERVICES INCLUDE PHARMACY AND THERAPY SERVICES. (60 UNITS)
NURSING HOME CARE: ASSISTED LIVING FACILITY FOR ELDERLY (CORNERSTONE.) SERVICES INCLUDE PHARMACY AND THERAPY SERVICES. (46 UNITS)
HOUSING PROVISION, GENERAL/OTHER: APARTMENT RENTALS FOR THE ELDERLY (THE MANOR). ADDITIONAL SERVICES AVAILABLE INLCUDE DAILY NOON MEAL, LAUNDRY FACILITIES AND GARAGES. (93 APTS)
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Ian Stockberger CEO | Officer | 40 | $250,795 |
Nan Klouse Controller | 40 | $152,621 | |
Katie Byerly Director Of Nursing | 40 | $104,453 | |
Vanessa Van Grouw Assisted Living Director | 40 | $102,644 | |
Kimber Kleven Administrator | Officer | 40 | $76,541 |
Tom Douglas Chair Thru 11/20, Dir Eff 12/20 | OfficerTrustee | 0.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Blue Stone Therapy Therapy Services | 9/29/18 | $675,961 |
Innovative Therapy Therapy Services | 9/29/18 | $221,801 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $2,345,800 |
| All other contributions, gifts, grants, and similar amounts not included above | $6,150 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,351,950 |
| Total Program Service Revenue | $19,873,990 |
| Investment income | $267,539 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $4,808 |
| 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 | $22,498,287 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $6,500 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $396,766 |
| Compensation of current officers, directors, key employees. | $396,766 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $9,577,327 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $823,656 |
| Payroll taxes | $755,464 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $25,770 |
| Fees for services: Accounting | $42,145 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $16,799 |
| Advertising and promotion | $76,097 |
| Office expenses | $85,451 |
| Information technology | $61,724 |
| Royalties | $0 |
| Occupancy | $871,497 |
| Travel | $24,459 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $31,610 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,238,697 |
| Insurance | $378,819 |
| All other expenses | $439,611 |
| Total functional expenses | $18,387,441 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $5,335,666 |
| Savings and temporary cash investments | $16,400,969 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,656,603 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $1,155,950 |
| Inventories for sale or use | $114,302 |
| Prepaid expenses and deferred charges | $91,146 |
| Net Land, buildings, and equipment | $20,758,396 |
| Investments—publicly traded securities | $3,071,004 |
| Investments—other securities | $0 |
| Investments—program-related | $197,211 |
| Intangible assets | $0 |
| Other assets | $299,069 |
| Total assets | $49,080,316 |
| Accounts payable and accrued expenses | $1,588,992 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| 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 | $109,965 |
| Total liabilities | $1,698,957 |
| Net assets without donor restrictions | $47,381,359 |
| 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 | $49,080,316 |
Grants Awarded
Over the last fiscal year, Good Shepherd Geriatric Center Inc has awarded $816,148 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Mason City, IA PURPOSE: CONSTRUCTION OF HOUSING FOR ELDERLY | $775,148 |
Mason City, IA PURPOSE: ONGOING OPERATIONS | $41,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Good Shepherd Geriatric Center Inc Mason City, IA | $49,080,316 | $22,498,287 |
Sjl Health Systems Inc Peoria, IL | $1,726,280 | $3,468,978 |
Midwest Geriatrics Inc Omaha, NE | $1,144,302 | $1,834,083 |
Woodside Oaks Inc Green Bay, WI | $8,246,800 | $1,277,237 |
Mary Caroline Phelps Tr For Aging In America Chicago, IL | $6,769,294 | $829,711 |
Riverside Elderly Development Corp West Liberty, IA | $323,161 | $0 |
Iowa Association Of Area Agencies On Aging Pleasantville, IA | $93,640 | $0 |
James R Elder Trust Champaign, IL | $217,671 | $155,227 |
Sencar Belmond, IA | $1,658 | $0 |
Skonewood Inc Grantsburg, WI | $1,198,668 | $62,342 |
Shelby County Council On Aging Inc Shelbyville, IL | $31,683 | $0 |
Aged & Indigent Old Folks Of El Paso County Chicago, IL | $673,379 | $39,337 |