Benedictine Living Community Owatonna
- Assets
- $16.2m
- Revenue
- $11.4m
- Investments
- $0.0
- Employees
- 201
- Location
- Minneapolis, MN
- Founding
- 04/2010
- Data as of
- 06/2021
- EIN
- 27-0705237
Organization Overview
Benedictine Living Community Owatonna is located in Minneapolis, MN. The organization was established in 2010. According to its NTEE Classification (S01) the organization is classified as: Alliances & Advocacy, under the broad grouping of Community Improvement & Capacity Building and related organizations. As of 06/2021, Benedictine Living Community Owatonna employed 201 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Benedictine Living Community Owatonna 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 06/2021, Benedictine Living Community Owatonna generated $11.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 6.3% each year. All expenses for the organization totaled $10.9m during the year ending 06/2021. While expenses have increased by 0.6% per year over the past 6 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
BY WORKING TOGETHER, OUR MISSION IS TO INTEGRATE A CONTINUUM OF SERVICES WITH GENUINE COMPASSIONATE CARE FOR OUR COMMUNITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF BENEDICTINE LIVING COMMUNITY - OWATONNA IS A 79-BED SKILLED NURSING FACILITY IN OWATONNA, MN. THE FACILITY HAD 96.3% OCCUPANCY AND SERVED 334 INDIVIDUALS DURING THE YEAR ENDED 6/30/21.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Eduardo Kabristante Registered Nurse | 40 | $100,026 | |
Jennifer Bruhn VP Of Bhs | OfficerTrustee | 1 | $0 |
Tom Shea Chair | OfficerTrustee | 1 | $0 |
Kevin Rymanowski CFO Of Bhs | OfficerTrustee | 1 | $0 |
Richard Slieter Vice Chair | OfficerTrustee | 1 | $0 |
Jerry Carley CEO Of Bhs | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Evident Staffing Llc Temporary Nursing Staff | 6/29/21 | $140,853 |
Us Food Service- Nw 6059 Food & Culinary Supplies | 6/29/21 | $251,381 |
Sterling Ltc Pharmacy Pharmacy Services | 6/29/21 | $142,067 |
Benedictine Health System Management Services | 6/29/21 | $737,796 |
Rtg Medical Temp Nursing Staffing | 6/29/21 | $507,287 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $20,393 |
| Government grants | $508,946 |
| All other contributions, gifts, grants, and similar amounts not included above | $2,581 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $531,920 |
| Total Program Service Revenue | $11,077,163 |
| Investment income | $8,942 |
| 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 | $11,439,984 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $177,075 |
| Grants and other assistance to domestic individuals. | $14,274 |
| 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 | $5,070,133 |
| Pension plan accruals and contributions | $64,598 |
| Other employee benefits | $779,147 |
| Payroll taxes | $388,585 |
| Fees for services: Management | $667,686 |
| Fees for services: Legal | $9,891 |
| Fees for services: Accounting | $20,136 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $880,481 |
| Advertising and promotion | $16,510 |
| Office expenses | $97,135 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $391,679 |
| Travel | $14,694 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $296,445 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $501,179 |
| Insurance | $85,516 |
| All other expenses | $128,396 |
| Total functional expenses | $10,886,127 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,645,867 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,341,559 |
| 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 | $45,978 |
| Net Land, buildings, and equipment | $11,803,626 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $800,000 |
| Other assets | $517,890 |
| Total assets | $16,154,920 |
| Accounts payable and accrued expenses | $883,591 |
| Grants payable | $0 |
| Deferred revenue | $245,242 |
| Tax-exempt bond liabilities | $12,750,101 |
| Escrow or custodial account liability | $15,611 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $97,071 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $221,678 |
| Total liabilities | $14,213,294 |
| Net assets without donor restrictions | $1,873,095 |
| Net assets with donor restrictions | $68,531 |
| 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 | $16,154,920 |
Grants Awarded
Over the last fiscal year, Benedictine Living Community Owatonna has awarded $177,075 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Minneapolis, MN PURPOSE: SYSTEM SUPPORT & STRATEGIC CAPITAL | $133,423 |
Minneapolis, MN PURPOSE: FOUNDATION EXPENSES | $43,652 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Benedictine Living Community Owatonna has recieved totaling $20,393.
| Awarding Organization | Amount |
|---|---|
Benedictine Foundation Minneapolis, MN PURPOSE: CAPITAL FUND/SUPPORT | $20,393 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Benedictine Living Community Owatonna Minneapolis, MN | $16,154,920 | $11,439,984 |
Greater Milwaukee Convention & Visitors Bureau Inc Milwaukee, WI | $13,303,680 | $5,924,757 |
Rochester Mn Convention & Visitors Bureau Rochester, MN | $3,813,150 | $6,781,864 |
Builders Association Of The Twin Cities Roseville, MN | $16,664,252 | $7,996,813 |
St Paul Area Board Of Realtors Inc Multiple Listing Service St Paul, MN | $14,704,848 | $6,091,315 |
Better Business Bureau Of Minnesota Inc Burnsville, MN | $5,220,297 | $4,952,353 |
Minnesota Association Of Realtors Minnetonka, MN | $10,479,384 | $5,202,086 |
Greater Minneapolis Chamber Of Commerce Minneapolis, MN | $1,657,296 | $4,628,639 |
Door County Visitor Bureau Inc Sturgeon Bay, WI | $5,249,260 | $5,589,683 |
Greater Des Moines Convention And Visitors Bureau Inc Des Moines, IA | $2,863,787 | $3,767,003 |
Iowa Association Of Realtors West Des Moines, IA | $6,111,442 | $3,764,514 |
Saint Paul Area Chamber Of Commerce St Paul, MN | $2,067,374 | $2,351,023 |