Marian Home
- Assets
- $15.8m
- Revenue
- $7.3m
- Investments
- $0.0
- Employees
- 171
- Location
- Fort Dodge, IA
- Founding
- 03/1946
- Data as of
- 08/2023
- EIN
- 42-1025626
Organization Overview
Marian Home is located in Fort Dodge, IA. The organization was established in 1946. 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 08/2023, Marian Home employed 171 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Marian Home 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 08/2023, Marian Home generated $7.3m in total revenue. The organization has seen a slow decline revenue. Over the past 8 years, revenues have fallen by an average of (1.1%) each year. All expenses for the organization totaled $6.9m during the year ending 08/2023. 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE HOUSING, HEALTH CARE, SKILLED NURSING AND OTHER RELATED SERVICES FOR AGING CITIZENS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE MARIAN HOME PROVIDES CARE TO RESIDENTS UNABLE TO CARE FOR THEMSELVES IN A 90 BED FACILITY.
THE MARIAN VILLAGE IS A RETIREMENT APARTMENT COMPLEX CONSISTING OF 28 INDEPENDENT LIVING APARTMENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Tracy Trotter Administrato | Officer | 40 | $124,998 |
Jim Kesterson Chair | OfficerTrustee | 2 | $0 |
Bennett O'connor Secretary/tr | Trustee | 2 | $0 |
Royce Ranninger Director | Trustee | 2 | $0 |
Msgr Kevin Mccoy Director | Trustee | 2 | $0 |
Steve Kersten Director | Trustee | 2 | $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 | $51,765 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $51,765 |
| Total Program Service Revenue | $7,280,446 |
| Investment income | $15,637 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$34,780 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $7,329,412 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| 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. | $159,954 |
| Compensation of current officers, directors, key employees. | $159,954 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,382,216 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $718,832 |
| Payroll taxes | $277,810 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,713 |
| Fees for services: Accounting | $23,950 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $62,299 |
| Advertising and promotion | $23,910 |
| Office expenses | $23,385 |
| Information technology | $75,006 |
| Royalties | $0 |
| Occupancy | $374,670 |
| Travel | $15,767 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $102,004 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $426,318 |
| Insurance | $115,795 |
| All other expenses | $29,752 |
| Total functional expenses | $6,910,174 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,805,978 |
| Savings and temporary cash investments | $766,784 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $623,852 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $14,585 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $11,369,908 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,240,390 |
| Total assets | $15,821,497 |
| Accounts payable and accrued expenses | $514,240 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $3,305,972 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $707,066 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $4,527,278 |
| Net assets without donor restrictions | $10,088,607 |
| Net assets with donor restrictions | $1,205,612 |
| 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 | $15,821,497 |