Benedictine Health Center
- Assets
- $49.8m
- Revenue
- $24.2m
- Investments
- $14.4m
- Employees
- 600
- Location
- Minneapolis, MN
- Founding
- 03/1946
- Data as of
- 06/2021
- EIN
- 41-1381401
Organization Overview
Benedictine Health Center is located in Minneapolis, MN. The organization was established in 1946. According to its NTEE Classification (X99) the organization is classified as: Religion-Related N.E.C., under the broad grouping of Religion-Related and related organizations. As of 06/2021, Benedictine Health Center employed 600 individuals. This organization is a subordinate organization within an affiliated group for tax-exemption purposes. Benedictine Health Center 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 06/2021, Benedictine Health Center generated $24.2m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 7.7% each year. All expenses for the organization totaled $23.7m during the year ending 06/2021. While expenses have increased by 6.1% 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.
Since 2015, Benedictine Health Center has awarded 12 individual grants totaling $1,842,188. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
BENEDICTINE HEALTH CENTER IS A CATHOLIC ORGANIZATION ENTRUSTED WITH ADVANCING THE HEALTH CARE MINISTRY OF THE BENEDICTINE SISTERS OF DULUTH, MINNESOTA. OUR MISSION IS TO WITNESS TO GOD'S LOVE BY PROVIDING COMPASSIONATE, QUALITY CARE WITH SPECIAL CONCERN FOR THE UNDERSERVED AND THOSE IN NEED.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATION OF BENEDICTINE HEALTH CENTER, IS A 96 BED LONG-TERM CARE FACILITY IN DULUTH, MINNESOTA WHICH PROVIDES SKILLED NURSING CARE TO THE ELDERLY.THE FACILITY HAD 94.8% OCCUPANCY AND SERVED 526 INDIVIDUALS DURING THE FISCAL YEAR ENDING 6/30/21.
OPERATION OF WESTWOOD SENIOR HOUSING, A 101 UNIT ASSISTED AND INDEPENDENT LIVING FACILITY IN DULUTH, MINNESOTA, WHICH PROVIDES ASSISTED LIVING SERVICES TO THE ELDERLY.THE FACILITY HAD AN AVERAGE OCCUPANCY OF 89.5% AND SERVED 188 INDIVIDUALS DURING THE FISCAL YEAR ENDED 6/30/21.
OPERATION OF MARYWOOD, A 48 UNIT ASSISTED LIVING FACILITY IN DULUTH, MINNESOTA, WHICH PROVIDES ASSISTED LIVING SERVICES TO THE ELDERLY.THE FACILITY HAD AN AVERAGE OCCUPANCY OF 89.5% AND SERVED 93 INDIVIDUALS DURING THE FISCAL YEAR ENDED 6/30/21.MARYWOOD OFFERS ENHANCED ASSISTED LIVING SERVICES TO THOSE WITH INCREASED MEDICAL NEEDS AND MEMORY LOSS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Shanda Anderson Staff Development Coordinator | 40 | $108,063 | |
Kelly Marie Ray Don | 40 | $107,375 | |
Stacy Nicole Hill Rehabilitation Director Ot | 40 | $103,060 | |
Sr Theresa Spinler Secretary | OfficerTrustee | 1 | $0 |
Sr Lois Eckes Chair | OfficerTrustee | 1 | $0 |
Kevin Rymanowski CFO Of Bhs | Officer | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Us Food Service Food & Culinary Supplies | 6/29/21 | $848,484 |
Benedictine Health System Management Services | 6/29/21 | $1,453,509 |
College Of St Scholastica Shared Campus Services | 6/29/21 | $349,262 |
Alixa Rx Plano Tx Pharmacy Services | 6/29/21 | $194,069 |
Direct Supply Supplies | 6/29/21 | $173,177 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $145,467 |
| Government grants | $352,481 |
| All other contributions, gifts, grants, and similar amounts not included above | $7,517 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $505,465 |
| Total Program Service Revenue | $23,410,545 |
| Investment income | $207,255 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $69,313 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $24,199,647 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $434,302 |
| Grants and other assistance to domestic individuals. | $32,478 |
| 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 | $11,460,505 |
| Pension plan accruals and contributions | $166,078 |
| Other employee benefits | $1,366,210 |
| Payroll taxes | $944,240 |
| Fees for services: Management | $1,378,765 |
| Fees for services: Legal | $12,230 |
| Fees for services: Accounting | $23,719 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $23,612 |
| Fees for services: Other | $902,932 |
| Advertising and promotion | $79,227 |
| Office expenses | $85,940 |
| Information technology | $89 |
| Royalties | $0 |
| Occupancy | $1,292,008 |
| Travel | $21,007 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $825,765 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $1,466,647 |
| Insurance | $182,147 |
| All other expenses | $252,023 |
| Total functional expenses | $23,690,202 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $3,975,526 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,984,491 |
| 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 | $81,491 |
| Net Land, buildings, and equipment | $25,461,863 |
| Investments—publicly traded securities | $3,543,627 |
| Investments—other securities | $14,371,538 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $418,480 |
| Total assets | $49,837,016 |
| Accounts payable and accrued expenses | $2,076,166 |
| Grants payable | $0 |
| Deferred revenue | $1,037,413 |
| Tax-exempt bond liabilities | $20,505,142 |
| Escrow or custodial account liability | $425,183 |
| 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 | $439,889 |
| Total liabilities | $24,483,793 |
| Net assets without donor restrictions | $24,997,078 |
| Net assets with donor restrictions | $356,145 |
| 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 | $49,837,016 |
Grants Awarded
Over the last fiscal year, Benedictine Health Center has awarded $434,302 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Minneapolis, MN PURPOSE: CAPITAL FUND/SUPPORT | $383,416 |
Minneapolis, MN PURPOSE: GENERAL OPERATING SUPPORT | $50,886 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Benedictine Health Center has recieved totaling $53,710.
| Awarding Organization | Amount |
|---|---|
Benedictine Foundation Minneapolis, MN PURPOSE: CAPITAL FUND/SUPPORT | $53,710 |
Endowment Analysis
| Beg. Balance | $61,385 |
| Ending Balance | $61,385 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Bethany Lutheran Homes Inc La Crosse, WI | $102,810,906 | $37,603,425 |
St Paul Elder Services Inc Kaukauna, WI | $41,952,287 | $25,919,489 |
Benedictine Health Center Minneapolis, MN | $49,837,016 | $24,199,647 |
Veap Inc Bloomington, MN | $8,119,973 | $16,891,199 |
Good Neighbor Society Manchester, IA | $17,383,047 | $14,618,459 |
Lutheran Sunset Home Grafton, ND | $9,702,843 | $11,539,567 |
Holy Spirit Retirement Home Inc Sioux City, IA | $7,907,297 | $9,080,099 |
Brahmananda Saraswati Yagya Foundation Fairfield, IA | $15,294,355 | $10,246,793 |
St Francis Home Breckenridge, MN | $31,134,827 | $7,139,521 |
Maryhill Manor Inc Niagara, WI | $3,813,579 | $4,581,573 |
Faith Lutheran Home Osage, IA | $4,614,532 | $5,533,666 |
Divine Providence Community Home Sleepy Eye, MN | $3,627,339 | $4,817,279 |