Granite House Inc
- Assets
- $1.2m
- Revenue
- $842.7k
- Investments
- $0.0
- Employees
- 16
- Location
- Stillwater, MN
- Founding
- 10/2015
- Data as of
- 12/2021
- EIN
- 47-1409256
Organization Overview
Granite House Inc is located in Stillwater, MN. The organization was established in 2015. According to its NTEE Classification (E92) the organization is classified as: Home Health Care, under the broad grouping of Health Care and related organizations. As of 12/2021, Granite House Inc employed 16 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Granite House 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 12/2021, Granite House Inc generated $842.7k in total revenue. This organization has experienced exceptional growth, as over the past 5 years, it has increased revenue by an average of 45.5% each year . All expenses for the organization totaled $661.8k during the year ending 12/2021. 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
THE MISSION OF GRANITE HOUSE IS TO PROVIDE SUPPORT AND HOPE TO INDIVIDUALS AND FAMILIES WHO ARE LIVING WITH SEVERE AND PERMANENT BRAIN INJURY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE LONG-TERM CARE IN A REAL HOME FOR FOUR ADULTS UNDER 55 WITH SEVERE BRAIN INJURIES WHO WOULD OTHERWISE SPEND DECADES IN A NURSING HOME.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Amber Rolewicz Executive Di | Officer | 40 | $60,650 |
Anna Bohnen Past Executi | Officer | 13 | $42,836 |
Carla Dahl Secretary- T | OfficerTrustee | 2 | $0 |
Kirk Dahl Vice- Chair | OfficerTrustee | 2 | $0 |
Carol Insley Board Chair | OfficerTrustee | 30 | $0 |
Larry Cutler Board Member | Trustee | 1 | $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 | $108,494 |
| Noncash contributions included in lines 1a–1f | $59,992 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $108,494 |
| Total Program Service Revenue | $734,179 |
| Investment income | $69 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| 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 | $842,742 |
| 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. | $100,993 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $301,936 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $22,379 |
| Payroll taxes | $30,843 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $13,210 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $433 |
| Office expenses | $4,353 |
| Information technology | $3,567 |
| Royalties | $0 |
| Occupancy | $15,928 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $25,613 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $54,854 |
| Insurance | $21,324 |
| All other expenses | $19,143 |
| Total functional expenses | $661,831 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $368,730 |
| Savings and temporary cash investments | $40,265 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $28,154 |
| 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 | $1,775 |
| Net Land, buildings, and equipment | $711,227 |
| Investments—publicly traded securities | $61,486 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,211,637 |
| Accounts payable and accrued expenses | $5,064 |
| 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 | $565,048 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $20,247 |
| Total liabilities | $590,359 |
| Net assets without donor restrictions | $619,243 |
| Net assets with donor restrictions | $2,035 |
| 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 | $1,211,637 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Granite House Inc has recieved totaling $500.
| Awarding Organization | Amount |
|---|---|
Raleigh Foundation Lake Elmo, MN PURPOSE: ON-SITE THERAPY AND SENSORY ACTIVITIES FOR PEOPLE LIVING WITH SEVERE AND PERMANENT BRAIN INJURY. | $500 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
People Incorporated Eagan, MN | $36,305,907 | $58,875,734 |
Fargo-Moorhead Home Builders Health Plan And Trust Fargo, ND | $23,139,066 | $39,978,984 |
Visiting Nurse Services Of Iowa Des Moines, IA | $32,953,220 | $35,339,672 |
Home Health United Inc Madison, WI | $15,197,208 | $27,855,541 |
Aspirus Vna Home Health Inc Wausau, WI | $10,116,266 | $19,683,270 |
Volunteers Of America Inc Eden Prairie, MN | $2,529,300 | $14,032,412 |
Home Care United Madison, WI | $8,988,215 | $13,062,474 |
Chi Health Connect At Home - Fargo Fargo, ND | $3,835,361 | $12,513,250 |
Guardian Angels Elim Home Care Inc Elk River, MN | $3,016,376 | $14,356,608 |
Hospice Of Siouxland Sioux City, IA | $12,817,698 | $9,486,254 |
Valley Vna Health Systems Inc Neenah, WI | $12,381,043 | $6,674,825 |
Augustana Community Partners Edina, MN | $1,531,594 | $5,065,879 |