Mennonite Home Of Albany Inc
- Assets
- $81.7m
- Revenue
- $28.4m
- Investments
- $0.0
- Employees
- 630
- Location
- Albany, OR
- Founding
- 01/1992
- Data as of
- 09/2022
- EIN
- 93-0473211
Organization Overview
Mennonite Home Of Albany Inc is located in Albany, OR. The organization was established in 1992. 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 09/2022, Mennonite Home Of Albany Inc employed 630 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Mennonite Home Of Albany 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 09/2022, Mennonite Home Of Albany Inc generated $28.4m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.4% each year. All expenses for the organization totaled $29.7m during the year ending 09/2022. While expenses have increased by 1.7% 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
TO PROVIDE HEALTH CARE AND HOUSING FOR THE ELDERLY AND THOSE WITH ALZHEIMER'S AND DEMENTIA.
Describe the Organization's Program Activity:
Part 3 - Line 4a
MENNONITE HOME OF ALBANY PROVIDES ELDERLY ASSISTED LIVING CARE, IN-HOME CARE, RETIREMENT LIVING AND HIGH QUALITY HEALTH CARE TO ALZHEIMERS AND DEMENTIA PATIENTS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Beth Walls Administrator | 40 | $114,484 | |
Angela Trahan Dir. Of Nursing | 40 | $103,574 | |
Donna Bremiller Executive Dir. | Officer | 0 | $0 |
Clifford Mars CFO | Officer | 0 | $0 |
Gene Stutzman Director | Trustee | 2 | $0 |
Phil Histand Director | Trustee | 2 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Progressive Contractors Inc Construction | 9/29/22 | $664,528 |
Mennonite Services Northwest Management Services | 9/29/22 | $1,077,167 |
Rize Diagnostic Laboratory Diagnostic Services | 9/29/22 | $422,920 |
Hooley Homes Construction Service | 9/29/22 | $395,777 |
Morrison Management Specialist Inc Management Services | 9/29/22 | $1,060,766 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $246,900 |
| Government grants | $563,140 |
| All other contributions, gifts, grants, and similar amounts not included above | $4,967 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $815,007 |
| Total Program Service Revenue | $26,887,863 |
| Investment income | $336,581 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $73,422 |
| Net Gain/Loss on Asset Sales | $100,258 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $28,368,567 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $41,538 |
| 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 | $11,946,473 |
| Pension plan accruals and contributions | $236,756 |
| Other employee benefits | $1,662,525 |
| Payroll taxes | $1,063,786 |
| Fees for services: Management | $1,004,897 |
| Fees for services: Legal | $11,089 |
| Fees for services: Accounting | $38,434 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $20 |
| Fees for services: Investment Management | $47,568 |
| Fees for services: Other | $3,583,444 |
| Advertising and promotion | $221,220 |
| Office expenses | $1,679 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $1,894,474 |
| Travel | $53,426 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $37,398 |
| Interest | $123,129 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $3,046,948 |
| Insurance | $284,396 |
| All other expenses | $837,003 |
| Total functional expenses | $29,678,413 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $63,074 |
| Savings and temporary cash investments | $7,327,653 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,882,896 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $93,933 |
| Prepaid expenses and deferred charges | $276,973 |
| Net Land, buildings, and equipment | $59,685,941 |
| Investments—publicly traded securities | $12,369,090 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $16,534 |
| Total assets | $81,716,094 |
| Accounts payable and accrued expenses | $2,099,780 |
| Grants payable | $0 |
| Deferred revenue | $25,568,843 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $16,350 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,779,922 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $13,425,845 |
| Total liabilities | $42,890,740 |
| Net assets without donor restrictions | $38,825,354 |
| Net assets with donor restrictions | $0 |
| 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 | $81,716,094 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Mennonite Home Of Albany Inc has recieved totaling $10,005.
| Awarding Organization | Amount |
|---|---|
American Endowment Foundation Hudson, OH PURPOSE: GENERAL OPERATING SUPPORT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Humangood Socal Duarte, CA | $306,047,961 | $119,573,837 |
Sequoia Living Inc San Francisco, CA | $412,512,571 | $125,018,618 |
Jewish Home San Francisco, CA | $286,369,109 | $101,598,879 |
Presbyterian Retirement Communities Northwest Bellevue, WA | $589,407,305 | $86,965,439 |
Community Eldercare Of San Diego San Diego, CA | $76,291,474 | $103,929,835 |
Center For Elders Independence Oakland, CA | $163,334,060 | $110,881,645 |
Masonic Homes Of California San Francisco, CA | $1,081,181,439 | $41,944,438 |
Motion Picture And Television Fund Woodland Hills, CA | $117,551,107 | $62,254,849 |
Institute On Aging San Francisco, CA | $58,432,886 | $66,846,262 |
Wesley Homes Des Moines, WA | $289,596,176 | $68,453,311 |
Grancell Village Of The Los Angeles Jewish Home For The Aging Reseda, CA | $74,699,459 | $60,276,801 |
Rogue Valley Manor Medford, OR | $249,123,090 | $59,343,722 |