Pine Haven Inc
- Assets
- $7.1m
- Revenue
- $9.1m
- Investments
- $0.0
- Employees
- 283
- Location
- Pine Island, MN
- Founding
- 10/1994
- Data as of
- 09/2021
- EIN
- 41-0944721
Organization Overview
Pine Haven Inc is located in Pine Island, MN. The organization was established in 1994. 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 09/2021, Pine Haven Inc employed 283 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Pine Haven 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 09/2021, Pine Haven Inc generated $9.1m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 9.2% each year. All expenses for the organization totaled $9.2m during the year ending 09/2021. While expenses have increased by 8.5% 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
PROVIDE QUALITY, AFFORDABLE SERVICES FOR OLDER ADULTS AND FAMILIES IN OUR COMMUNITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PINE HAVEN, INC. (PINE HAVEN COMMUNITY) IS RESPONSIBLE FOR PROVIDING NURSING CARE AND HOUSING FOR THE ELDERLY AND DISABLED, OPERATING A 70 BED LICENSED NURSING FACILITY LOCATED IN PINE ISLAND, MINNESOTA. PROVIDE MANAGEMENT SERVICES TO EVERGREEN PLACE, AN ASSISTED LIVING HOUSING FACILITY OWNED BY THE CITY OF PINE ISLAND, MINNESOTA. DURING THE YEAR 24,209 INPATIENT DAYS WERE PROVIDED.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Marcus Parence Ceo/administrator | Officer | 40 | $107,434 |
Jessica Rivera Finance Director | Officer | 40 | $46,646 |
Randy Hoffarth Chair | OfficerTrustee | 1 | $0 |
Joanne Judge-Dietz Chair / Vice Chair | OfficerTrustee | 1 | $0 |
Glen Hemann Treasurer | OfficerTrustee | 1 | $0 |
Teresa Buck Secretary | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Aegis Therapies Therapy Services | 9/29/21 | $368,055 |
Prime Time Healthcare Nursing Pool Staff | 9/29/21 | $153,622 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $699,608 |
| All other contributions, gifts, grants, and similar amounts not included above | $117 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $699,725 |
| Total Program Service Revenue | $8,160,383 |
| Investment income | $2,297 |
| 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 | $9,079,459 |
| 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. | $163,064 |
| Compensation of current officers, directors, key employees. | $163,064 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,826,277 |
| Pension plan accruals and contributions | $18,209 |
| Other employee benefits | $611,871 |
| Payroll taxes | $373,589 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $53,180 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $840,919 |
| Advertising and promotion | $74,190 |
| Office expenses | $58,875 |
| Information technology | $152,006 |
| Royalties | $0 |
| Occupancy | $146,228 |
| Travel | $1,535 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $175,483 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $365,340 |
| Insurance | $63,460 |
| All other expenses | $211,730 |
| Total functional expenses | $9,191,318 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | -$2,047 |
| Savings and temporary cash investments | $25,509 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,304,237 |
| 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 | $50,042 |
| Net Land, buildings, and equipment | $5,738,241 |
| Investments—publicly traded securities | $3,516 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $7,119,498 |
| Accounts payable and accrued expenses | $734,445 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $12,260 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $5,682,687 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $9,794 |
| Total liabilities | $6,439,186 |
| Net assets without donor restrictions | $680,312 |
| 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 | $7,119,498 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Pine Haven Inc has recieved totaling $13,005.
| Awarding Organization | Amount |
|---|---|
Thrivent Financial For Lutherans Minneapolis, MN PURPOSE: General Support | $13,000 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $5 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Oakwood Village University Woods Homes Inc Madison, WI | $65,944,381 | $14,695,232 |
Healtheast Care Center-White Bear Lake Minneapolis, MN | $21,500,066 | $19,878,370 |
Baptist Home Inc Edina, MN | $23,839,414 | $18,350,368 |
St Johns Lutheran Home Albert Lea, MN | $48,874,024 | $18,188,441 |
Madison Healthcare Services Madison, MN | $39,706,321 | $23,223,798 |
Methodist Manor Health Center Inc West Allis, WI | $6,950,058 | $15,339,815 |
Catholic Eldercare Minneapolis, MN | $35,653,392 | $18,000,892 |
Ebenezer Ridges Edina, MN | $19,189,354 | $17,159,113 |
Bethany Manor Inc Story City, IA | $35,629,736 | $20,182,256 |
Bethany Lutheran Home Sioux Falls, SD | $29,243,342 | $16,408,345 |
Sholom Home West Inc St Louis Park, MN | $13,898,691 | $15,585,899 |
Bethel Lutheran Nursing & Rehabilitation Center Williston, ND | $14,740,286 | $14,698,424 |