Morgan Memorial Foundation Inc
- Assets
- $3.0m
- Revenue
- $3.8m
- Investments
- $0.0
- Employees
- 114
- Location
- Morgan, MN
- Founding
- 08/1960
- Data as of
- 09/2021
- EIN
- 41-0846691
Organization Overview
Morgan Memorial Foundation Inc, operating under the name Gil-Mor Manor, is located in Morgan, MN. The organization was established in 1960. According to its NTEE Classification (T30) the organization is classified as: Public Foundations, under the broad grouping of Philanthropy, Voluntarism & Grantmaking Foundations and related organizations. As of 09/2021, Gil-Mor Manor employed 114 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Gil-Mor Manor 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 09/2021, Gil-Mor Manor generated $3.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 5.0% each year. All expenses for the organization totaled $3.4m during the year ending 09/2021. While expenses have increased by 2.4% 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
MORGAN MEMORIAL FOUNDATION INC. D/B/A GIL-MOR MANOR NURSING HOME LEADS IN DELIVERY OF SKILLED NURSING FACILITY CARE TO THE RESIDENTS OF MORGAN AND SURROUNDING AREA. GIL-MOR MANOR IS A 35 BED SKILLED NURSING FACILITY. WE PROVIDE SKILLED NURSING CARE TO OUR RESIDENTS WITH A WIDE VARIETY OF AMENITIES. WE ARE AN APPROVED PROVIDER FOR MEDICARE AND MA. WE ALSO PROVIDE RESPITE CARE AND ADULT DAY CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
GIL-MOR MANOR IS A 35 BED SKILLED NURSING FACILITY. GIL-MOR IS GOVERNED BY AN INDEPENDENT BOARD OF CONSUMER REPRESENTATIVES, BUSINESS EXPERTS, AND COMMUNITY LEADERS WITH A 5 MEMBER EXECUTIVE BOARD. WE OFFFER AMENITIES TO OUR RESIDENTS SUCH AS PRIVATE ROOMS, HOUSEKEEPING, LAUNDRY, IV THERAPY, HEARING AIDE SPECIALIST. ALSO PHYSICAL, OCCUPATIONAL SPEECH THERAPIES. WE HAVE A REGISTERED DIETITIAN ON STAFF WHO OVERSEES THE DIETARY DEPT WITH HOMECOOKED MEALS SNACKS. WE PROVIDE A WIDE RANGE OF SOCIAL ACTIVITIES, OUTINGS AND ENTERTAINMENT FOR THE RESIDENTS.
GIL-MOR HAVEN IS A 16 UNIT APARTMENT BUILDING FOR SENIORS AGE 55 OR OLDER. WE HAVE A CLASS F HOME CARE LICENSE, THRU THE STATE OF MINNESOTA DEPARTMENT OF HEALTH, WHICH ALLOWS US TO PROVIDE HOUSING WITH SERVICES TO THE TENANTS THAT LIVE THERE. WE HAVE AN ALA CARTE OF SERVICES WHICH TENANTS MAY PURCHASE ON AN INDIVIDUAL BASIS. SERVICES WHICH ARE OFFERED INCLUDE MEDICATION MANAGEMENT, SPECIALIZED NURSING SERVICES, COMFORT CHECKS, EMERGENCY NURSE CALL, RN ASSESSMENTS ETC.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Lynn Madsen Secretary | OfficerTrustee | 5 | $0 |
Joel Mathiowetz Vice President | OfficerTrustee | 5 | $0 |
Tammy Meyer Vice President | OfficerTrustee | 5 | $0 |
Doug Kopischke Vice President | OfficerTrustee | 5 | $0 |
Lynn Pietig Treasurer | OfficerTrustee | 5 | $0 |
Jan Krenz Director | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $414,300 |
| All other contributions, gifts, grants, and similar amounts not included above | $15,416 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $429,716 |
| Total Program Service Revenue | $3,388,367 |
| Investment income | $2,702 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | -$16,334 |
| 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 | $3,804,451 |
| 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. | $79,090 |
| Compensation of current officers, directors, key employees. | $79,090 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $1,854,000 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $138,280 |
| Payroll taxes | $142,669 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $33,183 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $3,771 |
| Advertising and promotion | $8,514 |
| Office expenses | $27,343 |
| Information technology | $36,278 |
| Royalties | $0 |
| Occupancy | $267,081 |
| Travel | $580 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $10,706 |
| Interest | $80,485 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $161,008 |
| Insurance | $40,443 |
| All other expenses | $311,534 |
| Total functional expenses | $3,426,031 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $1,677,468 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $151,423 |
| 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 | $30,718 |
| Net Land, buildings, and equipment | $1,148,577 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $9,323 |
| Total assets | $3,017,509 |
| Accounts payable and accrued expenses | $253,301 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,535,247 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $1,788,548 |
| Net assets without donor restrictions | $1,228,961 |
| 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 | $3,017,509 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Morgan Memorial Foundation Inc has recieved totaling $10,005.
| Awarding Organization | Amount |
|---|---|
Leadingage Minnesota Foundation St Paul, MN PURPOSE: COVID-19 COURAGE FUNDS GRANT | $10,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Society Of St Vincent De Paul- Twin Cities Minneapolis, MN | $592,562 | $17,408,500 |
Northland Foundation Duluth, MN | $110,895,270 | $27,913,272 |
David Lynch Foundation For Consciousness-Based Education And Fairfield, IA | $9,280,358 | $8,736,448 |
Steve Stricker American Family Insurance Foundation Inc Madison, WI | $5,745,517 | $4,719,862 |
Hope Gospel Mission Inc Eau Claire, WI | $10,860,307 | $6,194,588 |
Community Foundation Of Johnson Coralville, IA | $45,550,796 | $9,673,780 |
The American Center For Philanthropy Inc Northfield, MN | $38,336,369 | $9,301,432 |
Lyon County Riverboat Foundation Inc Rock Rapids, IA | $2,226,608 | $3,365,358 |
Morgan Memorial Foundation Inc Morgan, MN | $3,017,509 | $3,804,451 |
Believers Stewardship Services Inc Dubuque, IA | $18,487,302 | $3,760,622 |
Nexus Community Partners Saint Paul, MN | $15,080,839 | $10,294,112 |
Caseys Charities Ankeny, IA | $167,680 | $3,051,265 |