Good Neighbor Society
- Assets
- $17.4m
- Revenue
- $14.6m
- Investments
- $0.0
- Employees
- 272
- Location
- Manchester, IA
- Founding
- 12/2016
- Data as of
- 12/2020
- EIN
- 42-0846668
Organization Overview
Good Neighbor Society is located in Manchester, IA. The organization was established in 2016. 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 12/2021, Good Neighbor Society employed 272 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Good Neighbor Society 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 12/2020, Good Neighbor Society generated $14.6m in total revenue. This represents relatively stable growth, over the past 4 years the organization has increased revenue by an average of 7.5% each year. All expenses for the organization totaled $13.2m during the year ending 12/2020. While expenses have increased by 4.5% per year over the past 4 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
2020
Describe the Organization's Mission:
Part 3 - Line 1
OPERATION OF A CONTINUING CARE RETIREMENT COMMUNITY WITH SERVICES IN LONGTERM CARE, HOSPICE CARE, MEMORYCARE, POST HOSPITAL REHABILITATION, ASSISTED LIVING, INDEPENDENT LIVING AND ADULT DAY CARE.
Describe the Organization's Program Activity:
Part 3 - Line 4a
RETIREMENT COMMUNITY PROVIDING SERVICES OF LONG-TERM CARE, HOSPICE CARE, MEMORY CARE AND POST HOSPITAL REHABILITATION. IN ADDITION, 37 ASSISTED LIVING APARTMENTS AND 16 INDEPENDENT LIVING CONDOS WERE OWNED BY TENANTS.
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 |
|---|---|---|---|
Matthew Carpenter Ceo/administ | Officer | 40 | $111,739 |
Denise Bishop Secretary | OfficerTrustee | 1 | $0 |
Terry Rauch President | OfficerTrustee | 1 | $0 |
Rachel York Treasurer | OfficerTrustee | 1 | $0 |
Charlie Button Director | Trustee | 1 | $0 |
Tammy Feldmann Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Grapetree Medical Staffing Inc Contracted Cnas | 12/30/19 | $242,115 |
Aegis Therapies Therapy Service | 12/30/19 | $1,284,782 |
Heims Construction Construction | 12/30/19 | $622,482 |
Opm Architects Architect | 12/30/19 | $193,373 |
Hammer-time Construction Construction | 12/30/19 | $162,682 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,933,493 |
| Investment income | $42,777 |
| 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 | $14,618,459 |
| Statement of Expenses | |
|---|---|
| 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 to disqualified persons | $0 |
| Other salaries and wages | $7,308,741 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $1,325,595 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $6,939 |
| Fees for services: Accounting | $53,065 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $1,338,787 |
| Advertising and promotion | $40,326 |
| Office expenses | $0 |
| Information technology | $95,371 |
| Royalties | $0 |
| Occupancy | $703,497 |
| Travel | $17,926 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $607,824 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $13,248,737 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $1,556,524 |
| Savings and temporary cash investments | $2,242,554 |
| Pledges and grants receivable | $241,774 |
| Accounts receivable, net | $709,061 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $301,326 |
| Prepaid expenses and deferred charges | $20,934 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,932,676 |
| Total assets | $17,383,047 |
| Accounts payable and accrued expenses | $1,680,805 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $3,276,464 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $1,164,515 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $1,879,896 |
| Total liabilities | $8,001,680 |
| 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 |
| Total liabilities and net assets/fund balances | $9,381,367 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Good Neighbor Society has recieved totaling $563.
| Awarding Organization | Amount |
|---|---|
Alliant Energy Foundation Inc Madison, WI PURPOSE: MATCHING GIFTS | $500 |
Amazonsmile Foundation Seattle, WA PURPOSE: GENERAL SUPPORT | $63 |
Endowment Analysis
| Beg. Balance | $114,310 |
| Earnings | $20,323 |
| Admin Expense | $1,775 |
| Net Contributions | $110 |
| Ending Balance | $132,968 |
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 |
Our Lady Of Angels Retirement Home Joliet, IL | $4,374,771 | $9,679,285 |
Mount St Joseph Lake Zurich, IL | $18,625,069 | $8,392,155 |
Fabricators & Manufacturers Association International Elgin, IL | $36,664,883 | $10,492,496 |
St Josephs Home Of Springfield Springfield, IL | $6,765,138 | -$5,947,093 |
Plain Church Medical Group Inc Arthur, IL | $1,903,756 | $9,584,459 |
Lutheran Home For The Aged Development Corp Prairie View Luth Danforth, IL | $5,765,834 | $9,143,268 |
Holy Spirit Retirement Home Inc Sioux City, IA | $7,907,297 | $9,080,099 |