Eventide
- Assets
- $35.5m
- Revenue
- $10.1m
- Investments
- $0.0
- Employees
- 161
- Location
- Denison, IA
- Founding
- 03/1965
- Data as of
- 06/2022
- EIN
- 42-0866122
Organization Overview
Eventide is located in Denison, IA. The organization was established in 1965. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. As of 06/2022, Eventide employed 161 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Eventide 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 06/2022, Eventide generated $10.1m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 4.4% each year. All expenses for the organization totaled $7.9m during the year ending 06/2022. While expenses have increased by 2.4% per year over the past 7 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
2022
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE LONG TERM HEALTH CARE AND HOUSING SERVICES FOR THE AGED IN A WAY THAT INCLUDES FAMILY INVOLVEMENT, PROMOTING AND MAXIMIZING THE INDEPENDENCE AND DIGNITY OF EVERY RESIDENT
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPERATED AN 84 BED NURSING FACILITY AND A 36 UNIT ASSISTED LIVING FACILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Mindi Baker CEO | Officer | 40 | $194,092 |
Tonya Eller Treasurer/se | OfficerTrustee | 1 | $0 |
Mark Gray Board Presid | OfficerTrustee | 1 | $0 |
Danyel Jepsen Vice Preside | OfficerTrustee | 1 | $0 |
Coleen Bruhn Director | Trustee | 1 | $0 |
Deryl Hennings Director | Trustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Leuder Construction Co Construction | 6/29/22 | $877,230 |
Blue Stone Therapy Solutions Therapy | 6/29/22 | $340,509 |
4 Design Llc Design | 6/29/22 | $161,732 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $1,927,837 |
| All other contributions, gifts, grants, and similar amounts not included above | $137,452 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,065,289 |
| Total Program Service Revenue | $7,427,560 |
| Investment income | $542,331 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | -$127,278 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $10,136,431 |
| 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. | $194,092 |
| Compensation of current officers, directors, key employees. | $194,092 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $4,124,835 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $318,436 |
| Payroll taxes | $315,600 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| 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 | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $336,472 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $435,472 |
| Insurance | $0 |
| All other expenses | $67,677 |
| Total functional expenses | $7,901,940 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $4,800,324 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $779,458 |
| 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 | $46,252 |
| Net Land, buildings, and equipment | $21,031,733 |
| Investments—publicly traded securities | $7,639,115 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $1,168,373 |
| Total assets | $35,465,255 |
| Accounts payable and accrued expenses | $808,526 |
| 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 | $19,130,437 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $105,800 |
| Total liabilities | $20,044,763 |
| Net assets without donor restrictions | $15,341,230 |
| Net assets with donor restrictions | $79,262 |
| 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 | $35,465,255 |
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Baptist Home Inc Edina, MN | $23,839,414 | $18,350,368 |
St Johns Lutheran Home Albert Lea, MN | $48,874,024 | $18,188,441 |
Madison Healthcare Services Madison, MN | $39,706,321 | $23,223,798 |
Methodist Manor Health Center Inc West Allis, WI | $6,950,058 | $15,339,815 |
Catholic Eldercare Minneapolis, MN | $35,653,392 | $18,000,892 |
St Patrick Residence Naperville, IL | $29,023,475 | $20,568,774 |
Ebenezer Ridges Edina, MN | $19,189,354 | $17,159,113 |
Bethany Manor Inc Story City, IA | $35,629,736 | $20,182,256 |
Bethany Lutheran Home Sioux Falls, SD | $29,243,342 | $16,408,345 |
Holy Family Villa Palos Park, IL | $17,637,306 | $12,934,325 |