Sacred Heart Care Center Inc

The information for Sacred Heart Care Center Inc is as of the organization's most recent filing in September '21. This organization is located in Austin, MN. It has been in existence for 40 years, following its founding in 1981.

Organization Classification

The IRS classifies organizations according to the National Taxonomy of Exempt Entities (NTEE) system. The NTEE system helps the IRS assign a 3-character code to each organization to describe the organization's activities.

The Sacred Heart Care Center Inc's NTEE code is P75. The "P" tells us that the organization is classified as Human Services. The "75" tells us that the organization is involved in Supportive Housing for Older Adults. The NTEE describes Supportive Housing for Older Adults as residential facilities for older adults who need assistance with daily activities but do not require regular nursing care.

Every organization is also governed by a specific section of the Internal Revenue Code. This organization happens to be a 501(c)(3) organization. The IRS describes these organizations as those engaged in Religious, Educational, Charitable, Scientific, Literary, Public Safety, Amateur Sports, or Prevention of Cruelty to Children or Animals work.

Perhaps the most accurate way to understand the organization's goals is by looking at its mission. The mission of the Sacred Heart Care Center Inc is to provide nursing care and housing to the elderly and handicapped.

Program Areas

To provide nursing care and housing for the elderly and handicapped, the organization operates a 59-bed nursing home, a 26-unit assisted living facility, home health care, and day care services. This program area also includes 17,063 resident days in the skilled nursing facility, 9,441 billed hours for home health care, 380 client days in adult day programs, and 26 apartments in the assisted living apartments.

Organization Staffing

Sacred Heart Care Center Inc is run by Paul Bogle, who is the President. The organization has 230 employees, of whom only 2 are paid more than $100k per year. Supporting the paid staff are 25 volunteers.

Board Governance

Sacred Heart Care Center Inc appears to be well-governed based on the information provided. The organization has a total of 8 voting members, all of whom are independent. This indicates a diverse and unbiased board that is not influenced by any potential conflicts of interest. The absence of conflicts of interest further strengthens the organization's governance structure. Additionally, the organization does not delegate management to an outside firm, which suggests that the board has direct oversight and control over the organization's operations. This allows for more transparency and accountability in decision-making processes. Furthermore, the fact that board meetings are documented indicates a commitment to transparency and record-keeping. However, it is worth noting that committee meetings are not documented, which may limit the visibility of specific areas of the organization's work. While the organization does not have a conflict of interest policy or require disclosure of conflicts, the substantiation and review of leadership salary suggests a commitment to ensuring fair compensation practices. However, the lack of a written whistleblower policy and document retention policy may be areas for improvement in terms of governance and risk management. Lastly, the organization's practice of providing copies of the 990 to the board prior to filing demonstrates a commitment to financial transparency and accountability. Overall, Sacred Heart Care Center Inc appears to have a solid governance structure, with a focus on transparency and accountability. However, there are some areas where the organization could strengthen its policies and practices to further enhance its governance framework.

Organization Growth

The nonprofit organization, Sacred Heart Care Center Inc, has experienced significant growth over the given time period. Contributions & Grants Received increased from $3.1K in 2014 to $325.6K in 2020. Program Service Revenue also saw an increase from $5.2M in 2014 to $6.7M in 2020. Investment Income increased from $26.9K in 2014 to $29.5K in 2020, and Other Revenue increased from $93.2K in 2014 to $99.5K in 2020. The Total Revenue of the organization rose from $5.3M in 2014 to $7.1M in 2020. Additionally, the number of employees increased from 217 in 2014 to 230 in 2020. However, there was a decrease in the number of volunteers from 80 in 2014 to 25 in 2020. Despite this, the overall growth of the organization is evident based on the increase in various revenue streams, employee salaries, and total revenue.