Northfield Retirement Communities
- Assets
- $13.0m
- Revenue
- $9.2m
- Investments
- $0.0
- Employees
- 232
- Location
- Scottsbluff, NE
- Founding
- 02/1976
- Data as of
- 04/2022
- EIN
- 47-0538957
Organization Overview
Northfield Retirement Communities is located in Scottsbluff, NE. The organization was established in 1976. 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 04/2022, Northfield Retirement Communities employed 232 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Northfield Retirement Communities 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 04/2022, Northfield Retirement Communities generated $9.2m in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 1.0% each year. All expenses for the organization totaled $9.6m during the year ending 04/2022. While expenses have increased by 2.6% 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
PROVIDING LIFE CARE FACILITIES FOR OCCUPANTS OF 90 RESIDENTIAL RETREMENTS APARTMENTS AND 42 ASSISTED LIVING UNITS, AND NURSING CARE TO RESIDENTS OF THE 66-BED HEALTH CARE FACILITY.
Describe the Organization's Program Activity:
Part 3 - Line 4a
PROVIDING LIFE CARE FACILITIES FOR OCCUPANTS OF 90 RESIDENTIAL RETREMENTS APARTMENTS AND 42 ASSISTED LIVING UNITS, AND NURSING CARE TO RESIDENTS OF THE 66-BED HEALTH CARE FACILITY.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Bill Johnson CEO | Officer | 45 | $125,237 |
Shaina Stricker CFO | Officer | 45 | $105,180 |
David Jenkins Vice President | OfficerTrustee | 1.5 | $0 |
Connie Russel Secretary | OfficerTrustee | 1.5 | $0 |
Sharyn Wohlers Treasurer | OfficerTrustee | 1.5 | $0 |
Jane Schaneman President | OfficerTrustee | 1.5 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Independence Rehab Llc Therapy Services | 4/29/22 | $442,770 |
Best Plumbing Heating & Cooling Llc Repairs And Maintenance | 4/29/22 | $456,340 |
Pacheco Llc Dba Gary's Cleaning Cleaning Services | 4/29/22 | $137,231 |
Blue Ox Repairs And Maintenance | 4/29/22 | $126,302 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $0 |
| Government grants | $369,049 |
| All other contributions, gifts, grants, and similar amounts not included above | $500 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $369,549 |
| Total Program Service Revenue | $8,123,955 |
| Investment income | $52,575 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $547,723 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $9,168,864 |
| 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. | $230,417 |
| Compensation of current officers, directors, key employees. | $230,417 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $3,611,048 |
| Pension plan accruals and contributions | $62,025 |
| Other employee benefits | $450,623 |
| Payroll taxes | $281,494 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $7,060 |
| Fees for services: Accounting | $47,115 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $25,275 |
| Fees for services: Other | $641,836 |
| Advertising and promotion | $192,522 |
| Office expenses | $0 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $627,873 |
| Travel | $10,740 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $11,115 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $486,974 |
| Insurance | $308,529 |
| All other expenses | $462,173 |
| Total functional expenses | $9,598,103 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $151,716 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $838,221 |
| 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 | $82,475 |
| Net Land, buildings, and equipment | $7,833,819 |
| Investments—publicly traded securities | $4,138,344 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $4,378 |
| Total assets | $13,048,953 |
| Accounts payable and accrued expenses | $823,665 |
| Grants payable | $0 |
| Deferred revenue | $3,913,366 |
| 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 | $565,000 |
| Other liabilities | $18,412 |
| Total liabilities | $5,320,443 |
| Net assets without donor restrictions | $3,586,345 |
| Net assets with donor restrictions | $4,142,165 |
| 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 | $13,048,953 |
Endowment Analysis
| Beg. Balance | $5,529,227 |
| Earnings | -$430,558 |
| Admin Expense | $25,275 |
| Net Contributions | $14,950 |
| Other Expense | $950,000 |
| Ending Balance | $4,138,344 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Sunny Vista Living Center Colorado Springs, CO | $41,304,394 | $18,743,774 |
Bethany Manor Inc Story City, IA | $35,629,736 | $20,182,256 |
Bethany Lutheran Home Sioux Falls, SD | $29,243,342 | $16,408,345 |
Lutheran Homes Society Muscatine, IA | $32,892,213 | $16,820,917 |
Sunrise Manor Sioux City, IA | $24,650,539 | $11,862,314 |
Crown Point Christian Village Inc St Louis, MO | $13,880,150 | $13,172,686 |
Lutheran Home For The Aged Association East Vinton, IA | $15,716,990 | $13,011,239 |
Spring River Christian Village Inc 3600 E Third St Louis, MO | $8,680,929 | $9,992,570 |
St Pauls Home Kansas City, MO | $0 | $10,537,386 |
Kahl Home For The Aged & Infirm Davenport, IA | $51,487,751 | $14,149,659 |
St Francis Nursing Center Colorado Springs, CO | $4,550,262 | $12,563,151 |
Bethany Lutheran Health Services Council Bluffs, IA | $9,547,485 | $13,406,690 |