Governmental And Educational Assistance Corporation

TRANSFORM LIVES, PROVIDING COMPASSIONATE CARE AND JOY-FILLED ENVIRONMENTS

VISTA PRAIRIE COMMUNITIES (VPC) SERVED 896 RESIDENTS AND EMPLOYED A STAFF OF 449 IN FY2022. THE ORGANIZATION HAS DEVELOPED AND MAINTAINED TEN LIMITED LIABILITY COMPANIES (LLC'S) THAT CURRENTLY OWN NINE FACILITIES, PROVIDING SERVICES FOR LOW-INCOME RESIDENTS, SENIOR ASSISTED LIVING, INDEPENDENT LIVING AND MEMORY CARE HOUSING. VPC'S LOCATIONS ARE IN FOUR STATES: MINNESOTA, IOWA, OHIO AND WISCONSIN. THE TENTH LLC, VISTA PRAIRIE MANAGEMENT, IS THE OPERATING ENTITY OVERSEEING ALL THE OTHER SINGLE ASSET LLC OPERATIONS.(CONTINUE ON SCHEDULE O)VPC WAS INCORPORATED IN 1997 AS A NONPROFIT ORGANIZATION FOR CHARITABLE PURPOSES UNDER ITS ORIGINAL NAME GOVERNMENTAL & EDUCATIONAL ASSISTANCE CORPORATION. IN 2022, WE PROVIDED $3.4 MILLION IN CHARITABLE SUPPORT TO QUALIFYING RESIDENTS IN VARIOUS PUBLIC ASSISTANCE PROGRAMS. VPC IS DEDICATED TO THE HIGHEST POSSIBLE QUALITY, STRIVING TO PROVIDE INNOVATIVE AND RELEVANT SERVICES THROUGH COLLABORATIVE PARTNERSHIPS; MAKING A SIGNIFICANT DIFFERENCE IN THE LIVES OF THOSE WE SERVE AND THEIR LOVED ONES. FOR MORE INFORMATION, VISIT WWW.VISTAPRAIRIE.ORG. THE VISION OF VISTA PRAIRIE COMMUNITIES IS TO CONTINUALLY EVOLVE TO ENRICH THE LIVES OF THOSE WE ARE CALLED TO SERVE AND TO MEET THE GROWING NEEDS OF THE GREATER COMMUNITY. TO ACCOMPLISH OUR MISSION AND VISION, WE HAVE ORGANIZED AS LIMITED LIABILITY CORPORATIONS SERVING OLDER ADULTS.VISTA PRAIRIE AT BRENTWOOD, LLC, OPERATES A 47-UNIT ASSISTED LIVING SENIOR HOUSING FACILITY OFFERING ASSISTED LIVING AND MEMORY CARE AND LOCATED IN RICE LAKE, WISCONSIN. VISTA PRAIRIE AT FIELDCREST, LLC, OPERATES AN 81-UNIT ASSISTED LIVING SENIOR HOUSING FACILITY OFFERING ASSISTED LIVING AND MEMORY CARE AND LOCATED IN SHELDON, IOWA. VISTA PRAIRIE AT GARNETTE GARDENS, LLC, OPERATES AN 86-UNIT SENIOR LIVING HOUSING FACILITY OFFERING ASSISTED LIVING AND MEMORY CARE LOCATED IN REDWOOD FALLS, MINNESOTA. VISTA PRAIRIE AT GOLDFINCH ESTATES, LLC, OPERATES A 134-UNIT SENIOR HOUSING FACILITY THAT INCLUDES ASSISTED LIVING AND A MEMORY CARE FACILITY IN FAIRMONT, MINNESOTA. VISTA PRAIRIE AT MONARCH MEADOWS, LLC, OPERATES A 100-UNIT SENIOR HOUSING FACILITY PROVIDING ASSISTED LIVING AND CARE SUITES LOCATED IN NORTH MANKATO, MINNESOTA. VISTA PRAIRIE AT COPPERLEAF, LLC, OPERATES AN 82-UNIT SENIOR LIVING FACILITY OFFERING ASSISTED LIVING AND MEMORY CARE IN WILLMAR, MINNESOTA. VISTA PRAIRIE AT WINDMILL PONDS, LLC, OPERATES A 65-UNIT ASSISTED LIVING FACILITY LOCATED IN ALEXANDRIA, MINNESOTA. RIVER HEIGHTS ASSISTED LIVING, LLC, OPERATES A 60-UNIT ASSISTED LIVING AND MEMORY CARE FACILITY IN SOUTH SAINT PAUL, MINNESOTA. EMERALD VILLAGE-GEAC, LLC, OPERATES A 100-UNIT INDEPENDENT SENIOR LIVING AND 30-UNIT ASSISTED LIVING CAMPUS LOCATED IN NORTH OLMSTED, OHIO.WE ARE PLEASED TO REPORT PROGRAM SERVICE ACCOMPLISHMENTS IN THREE OF THE COMPONENTS OF OUR STEWARDSHIP STRATEGIC PRIORITY, AMID A PRODUCTIVE YEAR OF SERVICE. FUTURE STABILITY AND GROWTH: THE ADDITION OF VISTA PRAIRIE AT BRENTWOOD HAS HELPED TO ACCOMPLISH A KEY OBJECTIVE TO GROW OUR NETWORK OF SENIOR CARE COMMUNITIES. VISTA PRAIRIE RANKS 124TH IN TOTAL UNITS AND 23RD FOR THE LARGEST MULTI-SITE, ASSISTED LIVING UNITS IN LEADINGAGE'S ZIEGLER 2022 SURVEY.HIGH QUALITY SERVICES: EACH OF OUR MINNESOTA COMMUNITIES COMPLETED THE FIRST ROUND OF SURVEYS UNDER THE NEW ASSISTED LIVING LICENSING LAW ADMINISTERED BY THE MINNESOTA DEPARTMENT OF HEALTH. STRONG FINANCIAL POSITION: WE SURPASSED OUR BUDGETED OPERATING MARGIN FOR THE YEAR, THANKS TO SUCCESSFUL EFFORTS TO BUILD OCCUPANCY AND CAREFUL COST CONTROL. THIS FINANCIAL SECURITY ENABLED OUR COMMUNITIES TO PROVIDE COMPASSIONATE CARE IN JOY-FILLED ENVIRONMENTS.