Heartland Care Center Inc
- Assets
- $3.6m
- Revenue
- $3.2m
- Investments
- $0.0
- Employees
- 77
- Location
- Marcus, IA
- Founding
- 06/1992
- Data as of
- 06/2023
- EIN
- 42-1362288
Organization Overview
Heartland Care Center Inc is located in Marcus, IA. The organization was established in 1992. 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 06/2023, Heartland Care Center Inc employed 77 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Heartland Care Center 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 06/2023, Heartland Care Center Inc generated $3.2m in total revenue. This represents relatively stable growth, over the past 8 years the organization has increased revenue by an average of 2.7% each year. All expenses for the organization totaled $3.7m during the year ending 06/2023. While expenses have increased by 4.9% per year over the past 8 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
2023
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE RESIDENTIAL FACILITIES AND SERVICES WHICH ARE SPECIFICALLY DESIGNED TO MEET A COMBINATION OF PHYSICAL, EMOTIONAL, RECREATIONAL, SOCIAL, RELIGIOUS, AND SIMILAR NEEDS OF AGED PERSONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
HEARTLAND CARE CENTER, INC. OFFERS LICENSED ASSISTED AND NURSING CARE TO THE ELDERLY
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dennis Brady President | OfficerTrustee | 2 | $0 |
Bob Leavitt Director | OfficerTrustee | 2 | $0 |
Steve Kunzweiler Director | OfficerTrustee | 2 | $0 |
Lisa Alesch Secretary | OfficerTrustee | 2 | $0 |
Sandra Tapper Director | Trustee | 2 | $0 |
Ed Schlenger Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Therapeutic Health Services Mental Health | 6/29/22 | $156,035 |
Helping Hands Nursing Solutions Inc Nursing Care | 6/29/22 | $106,755 |
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 | $7,519 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $7,519 |
| Total Program Service Revenue | $3,173,007 |
| Investment income | $2,849 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$2,656 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $3,230,139 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,921,889 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $104,164 |
| Payroll taxes | $145,273 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $199,440 |
| Insurance | $0 |
| All other expenses | $75,466 |
| Total functional expenses | $3,703,244 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $20,530 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $214,475 |
| 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 | $18,808 |
| Net Land, buildings, and equipment | $3,373,036 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $10,843 |
| Total assets | $3,637,692 |
| Accounts payable and accrued expenses | $299,847 |
| 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 | $2,337,963 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $10,843 |
| Total liabilities | $2,648,653 |
| Net assets without donor restrictions | $968,509 |
| Net assets with donor restrictions | $20,530 |
| 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 | $3,637,692 |