New Glarus Home Inc
- Assets
- $23.7m
- Revenue
- $8.6m
- Investments
- $0.0
- Employees
- 236
- Location
- New Glarus, WI
- Founding
- 09/1979
- Data as of
- 06/2022
- EIN
- 39-1335439
Organization Overview
New Glarus Home Inc is located in New Glarus, WI. The organization was established in 1979. 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 06/2022, New Glarus Home Inc employed 236 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. New Glarus Home 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 06/2022, New Glarus Home Inc generated $8.6m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $10.3m during the year ending 06/2022. While expenses have increased by 3.6% 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
PROVIDE NURSING HOME SERVICES FOR THE ELDERLY THROUGH OPERATION OF A NURSING HOME, DUPLEX FACILITIES, AND ASSISTED LIVING APARTMENT FACILITIES.
Describe the Organization's Program Activity:
Part 3 - Line 4a
SUCCESSFUL OPERATION OF A 87-BED NURSING HOME (THE "HOME") WITH RESIDENT DAYS TOTALING 23,917.
SUCCESSFUL OPERATION OF 22-UNIT APARTMENTS FOR INDEPENDENT LIVING ("GLARNER HAUS"), 13 DUPLEXES FOR INDEPENDENT RETIREMENT LIVING ("DUPLEX"), AND A 27-UNIT RESIDENTIAL CARE APARTMENT COMPLEX (THE "LODGE") TO ALLOW FOR THE GREATEST LEVEL OF INDEPENDENT LIVING FOR THE ELDERLY YET ADDRESSING THEIR INDIVIDUAL NEEDS.
SUCCESSFUL OPERATION OF SUPPORTIVE, NON-SKILLED HOMECARE PROGRAM TO ALLOW FOR THE GREATEST LEVEL OF INDEPENDENT LIVING FOR THE ELDERLY IN THE GREATER COMMUNITY WHILE ADDRESSING THEIR SUPPORTIVE NEEDS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
David Wickline President | OfficerTrustee | 1 | $0 |
Barbara Duerst Vice President | OfficerTrustee | 1 | $0 |
Bruce Quade Treasurer | OfficerTrustee | 1 | $0 |
Patrick Meier Secretary | OfficerTrustee | 1 | $0 |
Samuel Beuschel Director (thru June '22) | Trustee | 1 | $0 |
Susan Escandell Director (thru Dec. '21) | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Unidine Dietary Services | 6/29/22 | $1,204,506 |
Gl Rehab Therapy Services | 6/29/22 | $233,168 |
Direct Networks It Services | 6/29/22 | $103,302 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $382,338 |
| All other contributions, gifts, grants, and similar amounts not included above | $13,676 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $396,014 |
| Total Program Service Revenue | $8,093,802 |
| Investment income | $2,879 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $80,648 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $8,573,343 |
| 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. | $307,184 |
| Compensation of current officers, directors, key employees. | $307,184 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,105,197 |
| Pension plan accruals and contributions | $75,538 |
| Other employee benefits | $634,818 |
| Payroll taxes | $304,069 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $8,720 |
| Fees for services: Accounting | $128,560 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $12,116 |
| Fees for services: Other | $1,939,626 |
| Advertising and promotion | $44,971 |
| Office expenses | $115,448 |
| Information technology | $48,889 |
| Royalties | $0 |
| Occupancy | $267,497 |
| Travel | $17,764 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $477 |
| Interest | $657,401 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,066,203 |
| Insurance | $132,592 |
| All other expenses | -$94,679 |
| Total functional expenses | $10,250,010 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $25,184 |
| Savings and temporary cash investments | $721,124 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $861,499 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $61,532 |
| Prepaid expenses and deferred charges | $148,742 |
| Net Land, buildings, and equipment | $17,254,178 |
| Investments—publicly traded securities | $3,677,617 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $946,439 |
| Total assets | $23,696,315 |
| Accounts payable and accrued expenses | $1,264,046 |
| Grants payable | $0 |
| Deferred revenue | $2,774,840 |
| Tax-exempt bond liabilities | $10,911,798 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $14,950,684 |
| Net assets without donor restrictions | $8,745,631 |
| 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 | $23,696,315 |