Augustana Chapel View Homes Inc
- Assets
- $25.8m
- Revenue
- $20.4m
- Investments
- $0.0
- Employees
- 310
- Location
- Edina, MN
- Founding
- 09/1946
- Data as of
- 12/2021
- EIN
- 41-0693953
Organization Overview
Augustana Chapel View Homes Inc is located in Edina, MN. The organization was established in 1946. 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 12/2021, Augustana Chapel View Homes Inc employed 310 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Augustana Chapel View 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, Augustana Chapel View Homes Inc generated $20.4m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (9.8%) each year. All expenses for the organization totaled $20.6m during the year ending 12/2021. As we would expect to see with falling revenues, expenses have declined by (9.8%) 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
TO PROVIDE HEALTH CARE, HOUSING, AND COMMUNITY SERVICES FOR THE ELDERLY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
AUGUSTANA CHAPEL VIEW HOMES, INC. WAS ORGANIZED FOR THE PURPOSE OF PROVIDING NURSING HOME CARE FOR THE ELDERLY. IT HAS 108 BEDS AND IS LOCATED IN HOPKINS, MN. DURING 2021, TOTAL RESIDENT DAYS WERE 32,529 (82.52% OCCUPANCY). UTILIZATION BY PAYOR SOURCE WAS AS FOLLOWS: 39% MEDICAL ASSISTANCE, 11% MEDICARE, 27% PRIVATE PAY AND 23% HMO.
AUGUSTANA CHAPEL VIEW HOMES, INC. WAS ORGANIZED FOR THE PURPOSE OF OPERATING TWO ASSISTED LIVING FACILITIES FOR THE ELDERLY. THEY ARE LOCATED IN MINNEAPOLIS AND HOPKINS, MN AND HAD 428 UNITS DURING 2021. THE TOTAL RESIDENT DAYS WERE 131,549 (85.3% OCCUPANCY).
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
George Serra Corp Food Service Director | Officer | 40.74 | $129,251 |
Jared Nyansimora Registered Nurse | Officer | 46.05 | $128,472 |
Patricia Leeman Director Of Nursing | Officer | 42.31 | $124,867 |
Paula Sparling Nursing Home Administrator | Officer | 41.54 | $119,713 |
Rev Dr Gary Wilkerson Chair | OfficerTrustee | 0.25 | $0 |
Timothy Kuck Vice Chair | OfficerTrustee | 0.25 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $158,031 |
| 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 | $158,031 |
| Total Program Service Revenue | $19,463,609 |
| Investment income | $47,113 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $29,906 |
| 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 | $20,387,168 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $10,406 |
| 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 | $9,080,563 |
| Pension plan accruals and contributions | $161,401 |
| Other employee benefits | $929,208 |
| Payroll taxes | $630,682 |
| Fees for services: Management | $1,169,824 |
| Fees for services: Legal | $4,278 |
| Fees for services: Accounting | $26,134 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,906,123 |
| Advertising and promotion | $48,114 |
| Office expenses | $188,119 |
| Information technology | $63,365 |
| Royalties | $0 |
| Occupancy | $898,738 |
| Travel | $2,258 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $36,605 |
| Interest | $378,777 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,453,681 |
| Insurance | $299,687 |
| All other expenses | $0 |
| Total functional expenses | $20,594,817 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $286,096 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $588,467 |
| Accounts receivable, net | $3,046,752 |
| 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 | $48,708 |
| Net Land, buildings, and equipment | $12,690,124 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,120,752 |
| Total assets | $25,780,899 |
| Accounts payable and accrued expenses | $792,753 |
| Grants payable | $0 |
| Deferred revenue | $50,199 |
| Tax-exempt bond liabilities | $9,698,239 |
| Escrow or custodial account liability | $330,259 |
| 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 | $2,835,117 |
| Total liabilities | $13,706,567 |
| Net assets without donor restrictions | $9,311,273 |
| Net assets with donor restrictions | $2,763,059 |
| 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 | $25,780,899 |
Grants Awarded
Over the last fiscal year, Augustana Chapel View Homes Inc has awarded $5,960,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
St Paul, MN PURPOSE: EXODUS 2.0 PROJECT | $5,500,000 |
Edina, MN PURPOSE: GENERAL SUPPORT | $460,000 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Augustana Chapel View Homes Inc has recieved totaling $656,687.
| Awarding Organization | Amount |
|---|---|
Augustana Care Edina, MN PURPOSE: GENERAL ASSISTANCE | $600,000 |
Cassia Edina, MN PURPOSE: UNRESTRICTED CONTRIBUTIONS FOR RECIPIENT | $56,687 |
Endowment Analysis
| Beg. Balance | $2,042,954 |
| Earnings | $7,248 |
| Ending Balance | $2,050,202 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Lindengrove Inc Brookfield, WI | $53,159,981 | $37,652,858 |
Benevolent Corporation Cedar Community West Bend, WI | $115,395,812 | $41,115,280 |
Volunteers Of America Care Facilities Eden Prairie, MN | $34,098,364 | $41,433,516 |
Valley Senior Services Alliance Roseville, MN | $92,212,429 | $35,168,419 |
Saint Therese Of New Hope St Louis Park, MN | $31,804,224 | $36,427,083 |
Saint Johns Communities Inc Milwaukee, WI | $267,147,546 | $26,978,103 |
Presbyterian Homes Of Arden Hills Inc Roseville, MN | $68,220,110 | $29,055,542 |
Colonial Acres Home Inc Minneapolis, MN | $44,505,030 | $24,567,557 |
Minnesota Masonic Home Care Center Bloomington, MN | $30,061,653 | $29,200,433 |
United Lutheran Program For The Aging Inc Wauwatosa, WI | $44,109,199 | $32,538,554 |
Walker Methodist Health Center Inc Minnetonka, MN | $38,407,480 | $30,508,941 |
St Camillus Health Center Inc Wauwatosa, WI | $17,344,882 | $23,323,264 |