Cassia
- Assets
- $3.6m
- Revenue
- $2.8m
- Investments
- $19.6k
- Employees
- 9
- Location
- Edina, MN
- Founding
- 02/2019
- Data as of
- 12/2021
- EIN
- 83-1758728
Organization Overview
Cassia is located in Edina, MN. The organization was established in 2019. According to its NTEE Classification (X02) the organization is classified as: Management & Technical Assistance, under the broad grouping of Religion-Related and related organizations. As of 12/2021, Cassia employed 9 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Cassia 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 12/2021, Cassia generated $2.8m in total revenue. This organization has experienced exceptional growth, as over the past 2 years, it has increased revenue by an average of 35.7% each year . All expenses for the organization totaled $1.6m during the year ending 12/2021. While expenses have increased by 21.9% per year over the past 2 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
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO PROVIDE SUPPORT TO ITS BENEFICIARY ORGANIZATIONS THAT PROVIDE HEALTH CARE, HOUSING, AND COMMUNITY SERVICES FOR THE ELDERLY. PRIMARILY RESPONSIBLE FOR THE FUNDRAISING FOR AFFILIATED TAX-EXEMPT ORGANIZATIONS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
CASSIA WAS ORGANIZED FOR THE PURPOSE OF FURTHERING ITS CHARITABLE PURPOSES, ALONG WITH ITS BENEFICIARY ORGANIZATIONS, TO PROVIDE RESIDENTIAL AND SERVICE ALTERNATIVES THAT SUPPORT EACH INDIVIDUALS' PHYSICAL, SPIRITUAL, CULTURAL, SOCIAL, AND RECREATIONAL NEEDS THROUGH THE AGING PROCESS TO ENHANCE THEIR QUALITY OF LIFE, AND TO SUPPORT, AID, AND DEVELOP METHODS AND MEANS TO MAKE THE LIVES OF OLDER AND DISABLED PERSONS AS INDEPENDENT , HEALTHFUL, MEANINGFUL, AND SECURE AS POSSIBLE IN AN ENVIRONMENT WHICH EMPHASIZES CHRISTIAN CARE AND CONCERN. THIS IS ACCOMPLISHED THROUGH, BUT NOT LIMITED TO, PROVIDING FACILITIES FOR NURSING CARE AND ELDERLY HOUSING, FACILITIES AND PROGRAMS FOR SOCIAL SERVICES AND EDUCATION OF OLDER PERSONS, THEIR FAMILIES, PROFESSIONAL WHO SERVE OLDER PERSONS, AND OTHER MEMBERS OF THE COMMUNITIES SERVED BY THIS CORPORATION.
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Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Matthew Crawford VP Of Philanthropy | 40 | $149,450 | |
Timothy Kuck Secretary/treasurer And Director | OfficerTrustee | 0.25 | $0 |
Nikki Webber Daniels Chairperson And Director | OfficerTrustee | 0.25 | $0 |
Charles Parks Vice Chairperson And Director | OfficerTrustee | 0.25 | $0 |
Robert Dahl President/ceo | Officer | 0.08 | $0 |
Matthew Kern Chief Operating Officer | Officer | 0.08 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $164,114 |
| Related organizations | $1,140,000 |
| Government grants | $239,375 |
| All other contributions, gifts, grants, and similar amounts not included above | $1,231,096 |
| Noncash contributions included in lines 1a–1f | $36,150 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $2,774,585 |
| Total Program Service Revenue | $0 |
| Investment income | $65 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $0 |
| Net Gain/Loss on Asset Sales | $0 |
| Net Income from Fundraising Events | $1,640 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $2,776,290 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $622,702 |
| 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 | $604,705 |
| Pension plan accruals and contributions | $33,916 |
| Other employee benefits | $68,907 |
| Payroll taxes | $44,594 |
| Fees for services: Management | $30,000 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $4,001 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $19,200 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $24,058 |
| Advertising and promotion | $1,885 |
| Office expenses | $31,934 |
| Information technology | $711 |
| Royalties | $0 |
| Occupancy | $13,579 |
| Travel | $12,437 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $2,281 |
| Interest | $31,250 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $9,446 |
| Insurance | $5,294 |
| All other expenses | $4,667 |
| Total functional expenses | $1,581,352 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $405,373 |
| Savings and temporary cash investments | $0 |
| Pledges and grants receivable | $547,110 |
| Accounts receivable, net | $7,452 |
| 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 | $155 |
| Net Land, buildings, and equipment | $8,368 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $19,649 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $2,567,752 |
| Total assets | $3,555,859 |
| Accounts payable and accrued expenses | $87,205 |
| 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 | $1,909,850 |
| Other liabilities | $2,162,830 |
| Total liabilities | $4,159,885 |
| Net assets without donor restrictions | -$1,049,514 |
| Net assets with donor restrictions | $445,488 |
| 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 | $3,555,859 |
Grants Awarded
Over the last fiscal year, Cassia has awarded $598,991 in support to 8 organizations.
| Grant Recipient | Amount |
|---|---|
Edina, MN PURPOSE: LOAN CLOSING SUPPORT | $378,600 |
Edina, MN PURPOSE: UNRESTRICTED CONTRIBUTIONS FOR RECIPIENT | $56,687 |
Edina, MN PURPOSE: UNRESTRICTED CONTRIBUTIONS FOR RECIPIENT | $53,441 |
Edina, MN PURPOSE: UNRESTRICTED CONTRIBUTIONS FOR RECIPIENT | $47,253 |
Edina, MN PURPOSE: UNRESTRICTED CONTRIBUTIONS FOR RECIPIENT | $39,014 |
Edina, MN PURPOSE: UNRESTRICTED CONTRIBUTIONS FOR RECIPIENT | $13,382 |
Grants Recieved
Over the last fiscal year, we have identified 2 grants that Cassia has recieved totaling $10,100.
| Awarding Organization | Amount |
|---|---|
Elim Homes Inc Edina, MN PURPOSE: TO FURTHER THE MISSION OF FOSTERING FULLNESS OF LIFE FOR OLDER ADULTS IN THE SPIRIT OF CHRIST'S LOVE. | $10,000 |
Thomas And Denise Blizil Familyfoundation Maple Lake, MN PURPOSE: WOMEN SUPPORT | $100 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
C R O S S Christians Reaching Out In Social Service Rogers, MN | $2,562,501 | $5,756,884 |
Cassia Edina, MN | $3,555,859 | $2,776,290 |
Talmud Torah Of St Paul Head Of Schools St Paul, MN | $7,698,042 | $1,301,677 |
Eternal Vision Inc Watertown, WI | $1,092,050 | $293,805 |
Nextgen Pastors Inc Waukesha, WI | $49,649 | $0 |
Second Chair Church Planting Minneapolis, MN | $42,671 | $0 |
Lifegate Worldwide Stillwater, MN | $73,558 | $0 |
Youth Ministry Consultants Lindstrom, MN | $85,485 | $0 |
Enhance Ministries Woodbury, MN | $22,486 | $0 |
Heartland Christian Advisors Madison, WI | $161,970 | $0 |
Pastor Training International Adel, IA | $30,504 | $30,482 |
Nehemiah Reset Minnetonka, MN | $500 | $0 |