Oakwood Village University Woods Homes Inc

Organization Overview

Oakwood Village University Woods Homes Inc is located in Madison, WI. The organization was established in 1963. 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, Oakwood Village University Woods Homes Inc employed 1,003 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Oakwood Village University Woods Homes 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, Oakwood Village University Woods Homes Inc generated $14.7m in total revenue. The organization has seen a slow decline revenue. Over the past 7 years, revenues have fallen by an average of (1.7%) each year. All expenses for the organization totaled $19.4m during the year ending 12/2021. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

OAKWOOD IS A LUTHERAN CHURCH SPONSORED ORGANIZATION WHOSE MISSION IS TO SERVE AGING ADULTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

HEBRON OAKS IS A 70 BED SKILLED NURSING FACILITY, PROVIDING NURSING SERVICES, THERAPY SERVICES, NUTRITION MANAGEMENT, MEDICATION MANAGEMENT, AND LIFE ENRICHMENT ACTIVITIES. DURING 2021, THERE WERE 16,338 CENSUS DAYS OF CARE FOR THESE RESIDENTS. PAYER SOURCES FOR THESE RESIDENT DAYS INCLUDE PRIVATE PAY, MEDICARE, MANAGED CARE, AND MEDICAID. SOME OF THESE PAYER SOURCES DO NOT COVER THE FULL COST OF CARE. HOUSEKEEPING, LAUNDRY, PLANT OPERATIONS/MAINTENANCE, PHARMACY AND REHABILITATION SERVICES ARE ALSO PROVIDED AS PART OF THE OVERALL SERVICES RENDERED. RESIDENTS WHO ARE NOT ELIGIBLE FOR PUBLIC ASSISTANCE AND ARE UNABLE TO PAY MAY BE SUBSIDIZED INTERNALLY.


COVENANT OAKS IS A 40 BED DEMENTIA-SPECIFIC ASSISTED LIVING FACILITY. DURING 2021, THERE WERE 13,567 CENSUS DAYS OF CARE FOR THESE RESIDENTS. PAYER SOURCES FOR THESE RESIDENTS INCLUDE PRIVATE PAY AND LIMITED MEDICAID-TYPE PROGRAMS. RESIDENTS WHO ARE NOT ELIGIBLE FOR PUBLIC ASSISTANCE AND ARE UNABLE TO PAY MAY BE SUBSIDIZED INTERNALLY. THE SERVICES PROVIDED INCLUDE NURSING, RESIDENT ASSISTANCE, NUTRITION MANAGEMENT, MEDICATION MANAGEMENT, LIFE ENRICHMENT ACTIVITIES AND PASTORAL CARE.


OAKWOOD PHARMACY IS A FULL SERVICE PHARMACY PROVIDING PRESCRIPTION FULFILLMENT, MEDICATION MANAGEMENT, AND RESIDENT CONSULTING SERVICES TO ALL OAKWOOD RESIDENTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Coyle Carpet One Llc
Carpeting Installation
$432,512
Brightstar S And J Home Care Llc
Nursing Staffing Agency
$323,815
Plex Capital Llc
Nursing Staffing Agency
$276,575
Omni Technologies Llc
Technology Installation
$185,774
Gfl Solid Waste Midwest Llc
Waste Management
$162,962
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$1,075,542
Government grants $0
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$1,075,542
Total Program Service Revenue$13,522,355
Investment income $0
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 $14,695,232

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Oakwood Village University Woods Homes Inc has recieved totaling $1,075,542.

Awarding OrganizationAmount
Oakwood Foundation Inc

Madison, WI

PURPOSE: GENERAL OPERATIONS

$1,075,542
View Grant Recipient Profile

Endowment Analysis

Beg. Balance$573,753
Earnings$231,129
Net Contributions$9,926
Other Expense-$27,014
Ending Balance$841,822

Peer Organizations

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Alexandria, MN
$38,034,818
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Sartell, MN
$36,760,475
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Saginaw, MI
$38,263,375
Elim Homes Inc
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$36,791,332
Benedictine Living Communities Inc
Minneapolis, MN
$33,504,114
Walker Methodist
Minnetonka, MN
$29,368,798
Lyngblosten Care Center Inc
St Paul, MN
$27,402,531
Ebenezer Society
Edina, MN
$25,607,593
The Lutheran Home Inc
Wauwatosa, WI
$29,348,190
Grace Lutheran Foundation Inc
Eau Claire, WI
$25,987,857
Legacy Senior Services
Minnetonka, MN
$24,625,122
Bethesda
Willmar, MN
$31,566,689

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