Eventide Living Center
- Assets
- $1.1m
- Revenue
- $340.6k
- Investments
- $0.0
- Employees
- 0
- Location
- Moorhead, MN
- Founding
- 09/1984
- Data as of
- 09/2022
- EIN
- 41-1486796
Organization Overview
Eventide Living Center is located in Moorhead, MN. The organization was established in 1984. According to its NTEE Classification (L99) the organization is classified as: Housing & Shelter N.E.C., under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eventide Living 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 09/2022, Eventide Living Center generated $340.6k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $274.9k during the year ending 09/2022. 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
TO SPONSOR, ENCOURAGE, PROMOTE, AND ADVANCE THE DELIVERY OF HEALTH CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
EVENTIDE LIVING CENTER IS A MINNESOTA LIMITED LIABILITY CORPORATION THAT OWNS AND OPERATES A 46-UNIT HOUSING PROJECT FOR THE ELDERLY IN MOORHEAD, MN. FOR THE YEAR ENDED SEPTEMBER 30, 2022 ITS OCCUPANCY RATE WAS 95.96%.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Anne Blackhurst Secretary | OfficerTrustee | 0.2 | $0 |
Peter Seljevold Chair | OfficerTrustee | 0.2 | $0 |
Marjorie Matthees Treasurer | OfficerTrustee | 0.2 | $0 |
Robert Bye Vice Chair | OfficerTrustee | 0.2 | $0 |
Leann Wright Past Chair | OfficerTrustee | 0.2 | $0 |
Darin Ohe CFO | Officer | 10 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $0 |
| 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 | $0 |
| Total Program Service Revenue | $340,158 |
| Investment income | $416 |
| 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 | $340,574 |
| 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. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $8,970 |
| Pension plan accruals and contributions | $245 |
| Other employee benefits | $1,292 |
| Payroll taxes | $621 |
| Fees for services: Management | $21,375 |
| Fees for services: Legal | $26 |
| Fees for services: Accounting | $13,750 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $9,392 |
| Advertising and promotion | $0 |
| Office expenses | $3,466 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $118,545 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $26,156 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $59,330 |
| Insurance | $0 |
| All other expenses | $11,760 |
| Total functional expenses | $274,928 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $23,243 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $65 |
| 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 | $0 |
| Net Land, buildings, and equipment | $391,570 |
| Investments—publicly traded securities | $650,981 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $1,065,859 |
| Accounts payable and accrued expenses | $12,162 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $456,742 |
| Escrow or custodial account liability | $14,744 |
| 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 | $21,801 |
| Total liabilities | $505,449 |
| Net assets without donor restrictions | $560,410 |
| 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 | $1,065,859 |
Endowment Analysis
| Beg. Balance | $625,254 |
| Earnings | -$40,644 |
| Net Contributions | $3,444 |
| Other Expense | -$25,096 |
| Ending Balance | $613,150 |
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Central Iowa Shelter & Services Des Moines, IA | $16,046,844 | $7,232,062 |
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Eastwood Of Ames Inc Spencer, IA | $21,177,734 | $3,310,260 |
Willis Dady Emergency Shelter Inc Cedar Rapids, IA | $7,658,344 | $4,943,373 |
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