Golden Valley Manor Inc

Organization Overview

Golden Valley Manor Inc is located in Beach, ND. The organization was established in 1986. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. As of 06/2022, Golden Valley Manor Inc employed 20 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Golden Valley Manor Inc 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, Golden Valley Manor Inc generated $558.0k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 7 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $560.6k during the year ending 06/2022. As we would expect to see with falling revenues, expenses have declined by (4.4%) per year over the past 7 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2022

Describe the Organization's Mission:

Part 3 - Line 1

PROVIDE HOUSING, MEALS AND ASSISTED LIVING SERVICES FOR THE ELDERLY

Describe the Organization's Program Activity:

Part 3 - Line 4a

EXPENSES RELATED TO THE OPERATIONS OF THE FACILITY TO PROVIDE HOUSING, FOOD AND ASSISTED LIVING SERVICES FOR THE ELDERLY


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Board, Officers & Key Employees

Name (title)Compensation
Steve Raisler
President
$0
Duane Maus
Director
$0
Meilon Hildebrant
Director
$0
Bonnie Underwood
Director
$0
Barb Maus
Director
$0
Milo Thompson
Director
$0

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$50,000
Government grants $71,821
All other contributions, gifts, grants, and similar amounts not included above$2,265
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$124,086
Total Program Service Revenue$429,581
Investment income $113
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 $558,034

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