Jenkins Living Center Inc
- Assets
- $13.7m
- Revenue
- $12.9m
- Investments
- $1.8m
- Employees
- 302
- Location
- Watertown, SD
- Founding
- 03/1965
- Data as of
- 03/2022
- EIN
- 46-0242831
Organization Overview
Jenkins Living Center Inc is located in Watertown, SD. The organization was established in 1965. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 03/2022, Jenkins Living Center Inc employed 302 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Jenkins Living 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 03/2022, Jenkins Living Center Inc generated $12.9m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.7% each year. All expenses for the organization totaled $12.2m during the year ending 03/2022. While expenses have increased by 0.6% per year over the past 7 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
PROVIDE SENIOR HOUSING, HEALTHCARE, AND REHABILITATION SERVICES TO PEOPLE WE SERVE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
JENKINS LIVING CENTER (NURSING HOME OPERATION) JENKINS LIVING CENTER WAS STILL FACING THE NEGATIVE IMPACT OF THE COVID PANDEMIC DURING THE FISCAL YEAR THAT ENDED ON 3/31/22. THE RESIDENT CENSUS HAD DECLINED FROM A PRE-COVID LEVEL OF 140 TO AN AVERAGE OF 96. AT THE SAME TIME, THE STAFFING LEVEL DECLINED AS WORKERS CONTINUED TO LEAVE THE LONG TERM CARE PROFESSION. THE FACILITY RECEIVED $2.5 MILLION DURING THE FISCAL YEAR IN STATE AND FEDERAL PROVIDER RELIEF FUNDS, BUT SUSTAINED AN OPERATIONAL LOSS OF $317,000 IN SPITE OF THE INFUSION OF FUNDS. THE PAYER MIX REMAINED STEADY DURING THE YEAR AT 56% MEDICAID, 37% PRIVATE PAY, AND 7% MEDICARE.
JENKINS TOWNVIEW APARTMENTS - THIS RENT-SUBSIDIZED APARTMENT BUILDING FOR LOW-INCOME SENIORS EXPERIENCED A YEAR TO DATE AVERAGE OCCUPANCY OF 94% DURING THE FISCAL YEAR THAT ENDED ON 3/31/22. REVENUES WERE UNDER BUDGET BY $13,000 FOR THE YEAR, BUT EXPENSES WERE SIGNIFICANTLY BELOW BUDGETED PROJECTIONS, LEADING TO A PROFIT OF $245,544 FOR FYE 2022.
200 MAPLE PLACE - THE OCCUPANCY OF THIS CONGREGATE LIVING FACILITY WAS LOWER THAN ANTICIPATED, WITH AN AVERAGE OF 31.3 OF THE 36 APARTMENTS FILLED DURING THE FISCAL YEAR. CONSEQUENTLY, RENT REVENUES WERE $70,000 BELOW BUDGET FOR THE YEAR WHILE EXPENSES WERE JUST SLIGHTLY OVER BUDGET. THE NET RESULT WAS A LOSS FOR THE YEAR OF $9,975. A MAJOR REMODELING OF HALLWAYS AND PUBLIC AREAS WAS UNDERTAKEN DURING THE FISCAL YEAR AT A COST OF $400,000 IN AN EFFORT TO UPGRADE THE BUILDING, WITH THE PROJECT SCHEDULED FOR COMPLETION IN THE FOLLOWING FISCAL YEAR.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Loren Diekman Ceo/president Until 12/2021 | Officer | 40 | $165,576 |
Scott Gloe Cfo/ceo Beg 12/2021 | Officer | 40 | $104,233 |
Dick Jurgens Treasurer | OfficerTrustee | 1 | $0 |
Janice Sharp Vice-Chairperson | OfficerTrustee | 1 | $0 |
Mike Kluck Chairperson | OfficerTrustee | 1 | $0 |
Peggy Salchert Secretary | OfficerTrustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $12,488 |
| Related organizations | $22,227 |
| Government grants | $2,172,698 |
| All other contributions, gifts, grants, and similar amounts not included above | $14,275 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,221,688 |
| Total Program Service Revenue | $10,441,023 |
| Investment income | $31,241 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $210,587 |
| Net Gain/Loss on Asset Sales | $480 |
| Net Income from Fundraising Events | -$5,317 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $1,102 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $12,900,804 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $5,000 |
| Grants and other assistance to domestic individuals. | $3,540 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $259,915 |
| Compensation of current officers, directors, key employees. | $259,915 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $7,392,236 |
| Pension plan accruals and contributions | $79,573 |
| Other employee benefits | $934,192 |
| Payroll taxes | $531,798 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $1,533 |
| Fees for services: Accounting | $104,924 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $90,982 |
| Advertising and promotion | $75,423 |
| Office expenses | $453,622 |
| Information technology | $9,657 |
| Royalties | $0 |
| Occupancy | $349,086 |
| Travel | $17,906 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,680 |
| Interest | $4,643 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $650,844 |
| Insurance | $119,420 |
| All other expenses | $58,899 |
| Total functional expenses | $12,248,529 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,671,057 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,150,781 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $21,832 |
| Inventories for sale or use | $99,232 |
| Prepaid expenses and deferred charges | $136,867 |
| Net Land, buildings, and equipment | $5,621,484 |
| Investments—publicly traded securities | $3,044,590 |
| Investments—other securities | $1,752,794 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $204,974 |
| Total assets | $13,703,611 |
| Accounts payable and accrued expenses | $991,823 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $27,709 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $112,589 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,132,121 |
| Net assets without donor restrictions | $10,818,696 |
| Net assets with donor restrictions | $1,752,794 |
| 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 | $13,703,611 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Jenkins Living Center Inc has recieved totaling $16,050.
| Awarding Organization | Amount |
|---|---|
Watertown Community Foundation Watertown, SD PURPOSE: SENIOR SERVICES | $8,025 |
Watertown Community Foundation Watertown, SD PURPOSE: SENIOR SERVICES | $8,025 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Volunteers Of America Care Facilities Eden Prairie, MN | $34,098,364 | $41,433,516 |
Valley Senior Services Alliance Roseville, MN | $92,212,429 | $35,168,419 |
Saint Therese Of New Hope St Louis Park, MN | $31,804,224 | $36,427,083 |
Presbyterian Homes Of Arden Hills Inc Roseville, MN | $68,220,110 | $29,055,542 |
Colonial Acres Home Inc Minneapolis, MN | $44,505,030 | $24,567,557 |
Minnesota Masonic Home Care Center Bloomington, MN | $30,061,653 | $29,200,433 |
Walker Methodist Health Center Inc Minnetonka, MN | $38,407,480 | $30,508,941 |
Glenn Catholic Senior Communities Inc Plymouth, MN | $61,465,775 | $25,015,107 |
Stonehill Franciscan Services Dubuque, IA | $38,832,179 | $25,680,580 |
Presbyterian Retirement Village Of Rapid City Inc Rapid City, SD | $122,977,184 | $26,029,434 |
Baptist Home Association Of The Rocky Mountain Inc Eden Prairie, MN | $30,380,722 | $22,076,103 |
Intergenerational Living & Health Care Inc Chaska, MN | $50,605,507 | $24,695,201 |