Martha And Mary Lutheran Services
- Assets
- $10.9m
- Revenue
- $14.4m
- Investments
- $1.1m
- Employees
- 321
- Location
- Poulsbo, WA
- Founding
- 07/1986
- Data as of
- 12/2021
- EIN
- 94-3229627
Organization Overview
Martha And Mary Lutheran Services is located in Poulsbo, WA. The organization was established in 1986. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 12/2021, Martha And Mary Lutheran Services employed 321 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Martha And Mary Lutheran Services 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, Martha And Mary Lutheran Services generated $14.4m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.8%) each year. All expenses for the organization totaled $14.3m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (2.2%) per year over the past 7 years. 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
A SKILLED NURSING FACILITY OFFERING REHABILITATION, LONG-TERM CARE, AND RESPITE CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SEE SCHEDULE O
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynette Ladenburg CEO | Officer | 1 | $189,018 |
Christopher Vernon-Cole COO | Officer | 1 | $123,087 |
Leah Meadows Director Of Nursing Services | 40 | $113,942 | |
Aaron Schielke Trustee (through April 2021) & CFO | OfficerTrustee | 1 | $105,210 |
Jessica Visserman Chro | Officer | 1 | $104,769 |
Rebeca Aguilar Feliciano Asst. Director Of Nursing Services | 40 | $101,911 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Sodexo Inc And Affiliates Food Services | 12/30/21 | $719,987 |
Martha And Mary Lutheran Services Management Services | 12/30/21 | $583,304 |
Consonus Rehab Rehab Services | 12/30/21 | $161,577 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $463,867 |
| Government grants | $1,418,319 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,342 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,893,528 |
| Total Program Service Revenue | $12,558,806 |
| Investment income | $800 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $16,634 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $23,726 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $14,434,557 |
| 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. | $504,288 |
| Compensation of current officers, directors, key employees. | $504,288 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $6,785,914 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $1,349,098 |
| Payroll taxes | $773,874 |
| Fees for services: Management | $583,304 |
| Fees for services: Legal | $5,829 |
| Fees for services: Accounting | $50,566 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $979,318 |
| Advertising and promotion | $3,010 |
| Office expenses | $14,879 |
| Information technology | $7,025 |
| Royalties | $0 |
| Occupancy | $805,651 |
| Travel | $9,236 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $829,873 |
| Insurance | $123,959 |
| All other expenses | $0 |
| Total functional expenses | $14,307,236 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,420 |
| Savings and temporary cash investments | $255,857 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,035,490 |
| 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 | $207,776 |
| Net Land, buildings, and equipment | $6,050,986 |
| Investments—publicly traded securities | $211,677 |
| Investments—other securities | $1,094,964 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,039,777 |
| Total assets | $10,897,947 |
| Accounts payable and accrued expenses | $928,894 |
| Grants payable | $0 |
| Deferred revenue | $104,811 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $43,364 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $13,857,968 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $662,387 |
| Total liabilities | $15,597,424 |
| Net assets without donor restrictions | -$5,826,720 |
| Net assets with donor restrictions | $1,127,243 |
| 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 | $10,897,947 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Martha And Mary Lutheran Services has recieved totaling $10,000.
| Awarding Organization | Amount |
|---|---|
Bainbridge Community Foundation Bainbridge Island, WA PURPOSE: GENERAL SUPPORT | $10,000 |
Endowment Analysis
| Beg. Balance | $1,034,431 |
| Earnings | $102,982 |
| Other Expense | $42,449 |
| Ending Balance | $1,094,964 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Caroline Kline Galland Home Seattle, WA | $26,809,529 | $49,877,934 |
Veterans Care Centers Of Oregon Salem, OR | $6,013,060 | $38,949,539 |
Sisters Of St Mary Of Oregon Maryville Corporation Beaverton, OR | $25,202,289 | $20,408,503 |
Valley Vista Care Corporation St Maries, ID | $23,926,674 | $19,662,049 |
Riverview Lutheran Retirement Community Of Spokane Spokane, WA | $52,587,969 | $16,375,778 |
Kin On Health Care Center Seatle, WA | $33,662,547 | $17,454,802 |
Christian Health Care Center Lynden, WA | $11,480,143 | $15,500,102 |
Martha And Mary Lutheran Services Poulsbo, WA | $10,897,947 | $14,434,557 |
West Valley Nursing Homes Living Care Centers Inc Yakima, WA | $29,777,502 | $12,283,436 |
Columbia Lutheran Ministries Seattle, WA | $23,787,297 | $15,197,000 |
Friendship Health Center Inc Portland, OR | $7,669,788 | $11,107,649 |
Masonic And Eastern Star Home Forest Grove, OR | $71,707,379 | $17,096,099 |