Regina Senior Living
- Assets
- $8.0m
- Revenue
- $12.9m
- Investments
- $0.0
- Employees
- 171
- Location
- Cambridge, MN
- Founding
- Data as of
- 06/2018
- EIN
- 46-3700475
Organization Overview
Regina Senior Living is located in Cambridge, MN. As of 06/2018, Regina Senior Living employed 171 individuals. Regina Senior Living 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, Regina Senior Living generated $12.9m in total revenue. This represents relatively stable growth, over the past 3 years the organization has increased revenue by an average of 2.3% each year. All expenses for the organization totaled $13.0m during the year ending 06/2018. While expenses have increased by 3.1% per year over the past 3 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
2018
Describe the Organization's Mission:
Part 3 - Line 1
REGINA SENIOR LIVING WAS CREATED AND ORGANIZIED TO CARE AND HOUSING FOR THE AGED AND SOCIAL SERVICES IN ACCORDANCE WITH THE CHARITABLE WORKS TRADITION OF THE ROMAN CATHOLIC CHURCH.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF REGINA SENIOR LIVING, IS A 61 BED LONG-TERM CARE FACILITY IN HASTINGS, MINNESOTA WHICH PROVIDES SKILLED NURSING CARE TO THE ELDERLY.THE FACILITY HAD 81% OCCUPANCY AND SERVED 424 INDIVIDUALS DURING THE FISCAL YEARENDING 6/30/18.
OPERATION OF A 131 UNIT ASSISTED LIVING FACILITY IN HASTINGS, MINNESOTA, WHICH PROVIDES ASSISTED LIVING SERVICES TO THE ELDERLY. THE FACILITY HAD AN AVERAGE OCCUPANCY OF 95% AND SERVED 185 INDIVIDUALS DURING THE FISCAL YEAR ENDED 6/30/2018.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Chris Boldt SVP Of Bhs | OfficerTrustee | 1 | $0 |
Sr Beverly Raway Part Yr Dir. | Trustee | 1 | $0 |
Bernie Estenson Director | Trustee | 1 | $0 |
Jeanne Poepl Part Yr Vice Ch | OfficerTrustee | 1 | $0 |
Nick Conzemius Chair | OfficerTrustee | 1 | $0 |
Phyllis Lacroix Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Benedictine Health System Management | 6/29/18 | $549,478 |
Regina Hospital Dietary Services | 6/29/18 | $755,787 |
Nurse Finders Nursing | 6/29/18 | $371,504 |
Textile Care Services Nursing | 6/29/18 | $147,867 |
Zellner Senior Health Consulting Contracted Employees | 6/29/18 | $355,923 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $6,413 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $23,340 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $29,753 |
| Total Program Service Revenue | $12,680,021 |
| Investment income | $5,415 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $96,166 |
| 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 | $12,944,813 |
| 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 | $6,236,603 |
| Pension plan accruals and contributions | $83,043 |
| Other employee benefits | $773,287 |
| Payroll taxes | $483,702 |
| Fees for services: Management | $549,478 |
| Fees for services: Legal | $1,562 |
| Fees for services: Accounting | $6,279 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,668,751 |
| Advertising and promotion | $35,681 |
| Office expenses | $66,439 |
| Information technology | $152,136 |
| Royalties | $0 |
| Occupancy | $839,047 |
| Travel | $14,440 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $12,197 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $221,403 |
| Insurance | $90,515 |
| All other expenses | $195,805 |
| Total functional expenses | $13,033,120 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,193,388 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $973,986 |
| 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 | $17,649 |
| Net Land, buildings, and equipment | $4,918,423 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $333,607 |
| Other assets | $607,204 |
| Total assets | $8,044,257 |
| Accounts payable and accrued expenses | $1,295,214 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $4,113,783 |
| Escrow or custodial account liability | $127,994 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $500,000 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $6,036,991 |
| Unrestricted restricted net Assets | $2,007,266 |
| 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 | $2,007,266 |