BENEDICTINE LIVING CENTER OF RED WING dba SEMINARY HOME
- Assets
- $0.0
- Revenue
- $5.9m
- Investments
- $0.0
- Employees
- 173
- Location
- Cambridge, MN
- Founding
- Data as of
- 06/2018
- EIN
- 45-4929398
Organization Overview
BENEDICTINE LIVING CENTER OF RED WING dba SEMINARY HOME is located in Cambridge, MN. As of 06/2018, BENEDICTINE LIVING CENTER OF RED WING dba SEMINARY HOME employed 173 individuals. BENEDICTINE LIVING CENTER OF RED WING dba SEMINARY 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 06/2018, BENEDICTINE LIVING CENTER OF RED WING dba SEMINARY HOME generated $5.9m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 3 years, the organization has seen revenues fall by an average of (5.7%) each year. All expenses for the organization totaled $6.0m during the year ending 06/2018. 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
OUR MISSION IS TO WITNESS TO GOD'S LOVE BY PROVIDING COMPASSIONATE, QUALITY CARE WITH SPECIAL CONCERN FOR THE UNDERSERVED AND THOSE IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
BLC-RED WING, DBA SEMINARY HOME, IS A 84 BED LONG-TERM CARE FACILITY IN RED WING, MINNESOTA WHICH PROVIDES SKILLED NURSING CARE TO THE ELDERLY.THE FACILITY HAD 75% OCCUPANCY AND SERVED 188 INDIVIDUALS DURING THE FISCAL YEAR ENDING 6/30/18. THE COMPANY TRANSFERED TO A NEW BUILDING IN MAY 2018. A NEW 64 BED, TWO STORY, 47,400 SQ.FT FACILITIY CONSITING OF 4 "16 ROOM HOUSEHOLDS" OPENED IN MAY 2018, REPLACING THE EXISTING BUILDING.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Hoel Chair | OfficerTrustee | 1 | $0 |
Gerald O'rourke Secretary | OfficerTrustee | 1 | $0 |
Jeffery Benson Vice Chair | OfficerTrustee | 1 | $0 |
Kevin Rymanowski CFO Of Bhs | OfficerTrustee | 1 | $0 |
Jacob Goering CEO / Admin. | Officer | 40 | $0 |
Jerry Carley CEO Of Bhs | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Annleo Inc Nursing Services | 6/29/16 | $180,743 |
Benedictine Health System Managing Company | 6/29/16 | $260,028 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $99 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $99 |
| Total Program Service Revenue | $5,965,455 |
| Investment income | $488 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$70,086 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $5,895,956 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $743 |
| Grants and other assistance to domestic individuals. | $5,879 |
| 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 | $2,976,989 |
| Pension plan accruals and contributions | $35,522 |
| Other employee benefits | $460,352 |
| Payroll taxes | $214,501 |
| Fees for services: Management | $336,539 |
| Fees for services: Legal | $819 |
| Fees for services: Accounting | $5,209 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $615,178 |
| Advertising and promotion | $35,481 |
| Office expenses | $45,354 |
| Information technology | $75,204 |
| Royalties | $0 |
| Occupancy | $268,193 |
| Travel | $124,281 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $4,969 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $17,635 |
| Insurance | $53,984 |
| All other expenses | $86,118 |
| Total functional expenses | $6,038,775 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Total liabilities | $0 |
| Unrestricted restricted net Assets | $0 |
| Temporarily restricted net Assets | $0 |
| Permanently restricted net Assets or current funds | $0 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Total net assets or fund balances | $0 |
Grants Awarded
Over the last fiscal year, BENEDICTINE LIVING CENTER OF RED WING dba SEMINARY HOME has awarded $797,828 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Minneapolis, MN PURPOSE: INTERCOMPANY TRANSFER | $783,000 |
Minneapolis, MN PURPOSE: FOUNDATION SUPPORT | $14,828 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that BENEDICTINE LIVING CENTER OF RED WING dba SEMINARY HOME has recieved totaling $673,261.
| Awarding Organization | Amount |
|---|---|
Benedictine Health System Minneapolis, MN PURPOSE: DEBT | $673,261 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Chinese American Service League Inc Chicago, IL | $15,835,299 | $20,315,146 |
Sholom Home East Inc St Paul, MN | $55,805,227 | $20,264,604 |
Dow Rummel Village Sioux Falls, SD | $76,421,386 | $18,523,416 |
Nebraska Student Loan Program Inc Lincoln, NE | $230,624,169 | $45,453,979 |
Botsford Continuing Care Corporation Southfield, MI | $28,554,348 | $16,692,642 |
American Association Of Orthopaedic Surgeons Of America Rosemont, IL | $21,165,468 | $24,653,127 |
Blackburn University Carlinville, IL | $69,417,787 | $20,572,819 |
Montgomery Place Chicago, IL | $31,885,880 | $16,111,662 |
Region 3b Area Agency On Aging Battle Creek, MI | $12,282,051 | $21,229,876 |
Southwest Counseling Solutions Inc Detroit, MI | $10,435,524 | $23,926,279 |
Human Resources Development Institute Inc Chicago, IL | $14,371,854 | $24,270,043 |
Duluth Regional Care Center Inc Duluth, MN | $17,149,445 | $20,614,667 |