Arrowhead Senior Living Community
- Assets
- $0.0
- Revenue
- $980.7k
- Investments
- $0.0
- Employees
- 0
- Location
- Minneapolis, MN
- Founding
- 11/2000
- Data as of
- 06/2021
- EIN
- 41-1978619
Organization Overview
Arrowhead Senior Living Community is located in Minneapolis, MN. The organization was established in 2000. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Arrowhead Senior Living Community 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, Arrowhead Senior Living Community generated $980.7k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (34.0%) each year. All expenses for the organization totaled $27.1k during the year ending 06/2021. As we would expect to see with falling revenues, expenses have declined by (64.0%) per year over the past 6 years. 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
OUR MISSION IS TO WITNESS TO GOD'S LOVE BY PROVIDING COMPASSIONATE, QUALITY CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OPERATED TWO SENIOR LIVING CAMPUS IN VIRGINIA AND EVELETH MINNESOTA THAT WERE SOLD DURING THE FISCAL YEAR ENDED JUN 30, 2019. BENEDICTINE HEALTH SYSTEM STILL MANAGES AND OWNS THE FACILITY, BUT NO LONGER RUNS THE OPERATIONS.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Jerry Carley Chair/ceo Of Bhs | OfficerTrustee | 1 | $0 |
Kevin Rymanowski Treasurer/cfo Of Bhs | OfficerTrustee | 1 | $0 |
Steven Przybilla COO Of Bhs | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Benedictine Health System Management Company | 6/29/19 | $677,984 |
Aramark Laundry Services | 6/29/19 | $204,893 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $744,586 |
| 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 | $744,586 |
| Total Program Service Revenue | $0 |
| Investment income | $0 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $158,335 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $980,679 |
| 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 | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | -$860 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $9,880 |
| Fees for services: Accounting | $5,758 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | -$830 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $14,891 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | -$1,701 |
| Total functional expenses | $27,138 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| 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 | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $0 |
| Total assets | $0 |
| Accounts payable and accrued expenses | $0 |
| 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 | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $0 |
| Net assets without donor restrictions | $0 |
| 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 | $0 |
Grants Awarded
Over the last fiscal year, Arrowhead Senior Living Community has awarded $171,748 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Minneapolis, MN PURPOSE: CAPITAL FUND / SUPPORT | $118,228 |
Minneapolis, MN PURPOSE: GENERAL OPERATING SUPPORT | $53,520 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Arrowhead Senior Living Community has recieved totaling $1,463,709.
| Awarding Organization | Amount |
|---|---|
Benedictine Foundation Minneapolis, MN PURPOSE: CAPITAL FUND/SUPPORT | $744,586 |
Benedictine Health System Minneapolis, MN PURPOSE: SYSTEM SUPPORT/STRATEGIC CAPITAL | $719,123 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Morris Health Services Morris, MN | $9,143,705 | $10,207,568 |
Beulah Community Nursing Home Beulah, ND | $9,353,635 | $10,834,879 |
Mother Of Mercy Albany, MN | $9,496,821 | $9,924,077 |
Lakeview Methodist Health Care Center Fairmont, MN | $33,007,495 | $10,103,045 |
Marquardt Memorial Manor Inc Watertown, WI | $22,487,955 | $14,763,955 |
Presbyterian Home Care Centers Inc Roseville, MN | $22,179,163 | $7,960,895 |
Pine Haven Inc Pine Island, MN | $7,119,498 | $9,079,459 |
Sheboygan Senior Community Inc Sheboygan, WI | $15,183,816 | $8,667,622 |
Simpson Memorial Home Inc West Liberty, IA | $15,879,383 | $9,351,091 |
Moravian Care Housing Corporation Waconia, MN | $17,297,181 | $8,552,508 |
Penn Center Inc Hiawatha, IA | $2,818,986 | $8,562,517 |
Chosen Valley Care Center Inc Chatfield, MN | $21,385,464 | $9,331,472 |