Form 990 for tax year 2024
Filed by CROSBY SENIOR SERVICES CARE CENTER.
Totals
- Total revenue
- $8,553,841
- Total expenses
- $9,208,686
- Contributions and grants received
- $1,444,000
- Grants paid
- $25,778
- Program service revenue
- $7,109,841
- Investment income
- $0
- Other revenue
- $0
- Total assets, end of year
- $28,512,397
- Total liabilities, end of year
- $29,210,757
- Net assets or fund balances, end of year
- -$698,360
- Program services expenses (Part IX)
- $7,714,356
- Management and general expenses
- $1,494,330
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $7,714,356
Program services were 83.8% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1d · Related organizations
$1,444,000
-
1g · Noncash contributions included above
$193,000
-
2a · Program service revenue: RESIDENT SERVICES
total $7,109,841 · related or exempt $7,109,841
-
3 · Investment income
total $0
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6d · Net rental income or loss
total $0
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11e · Other revenue, total
$0
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $25,778 · program services $25,778
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $3,230,017 · program services $2,885,762 · management and general $344,255
-
8 · Pension plan contributions
total $110,525 · program services $98,745 · management and general $11,780
-
9 · Other employee benefits
total $573,744 · program services $512,594 · management and general $61,150
-
10 · Payroll taxes
total $254,295 · program services $227,192 · management and general $27,103
-
11a · Fees: management
total $355,492 · management and general $355,492
-
11b · Fees: legal
total $2,854 · management and general $2,854
-
11c · Fees: accounting
total $5,628 · management and general $5,628
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $826,618 · program services $826,371 · management and general $247
-
12 · Advertising and promotion
total $21,386 · program services $6,466 · management and general $14,920
-
13 · Office expenses
total $154,405 · program services $109,985 · management and general $44,420
-
14 · Information technology
total $45,630 · management and general $45,630
-
15 · Royalties
total $0
-
16 · Occupancy
total $222,686 · program services $214,930 · management and general $7,756
-
17 · Travel
total $2,720 · program services $2,720
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $3,683 · program services $3,683
-
20 · Interest
total $1,281,979 · program services $1,281,979
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $832,896 · program services $832,896
-
23 · Insurance
total $81,925 · management and general $81,925
-
24a · Other expenses: MISC
total $494,889 · program services $3,719 · management and general $491,170
-
24b · Other expenses: FOOD
total $223,069 · program services $223,069
-
24c · Other expenses: BLDG MAINT
total $166,695 · program services $166,695
-
24d · Other expenses: MEDICAL SUPPLIES
total $148,911 · program services $148,911
-
24e · All other expenses
total $142,861 · program services $142,861
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $1,368,754
-
2 · Savings and temporary cash investments
end of year $0
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
end of year $1,763,199
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
end of year $46,853
-
10a · Land, buildings and equipment: cost or other basis
$25,338,260
-
10b · Land, buildings and equipment: accumulated depreciation
$4,669
-
10c · Land, buildings and equipment, net
beginning of year $17,833,062 · end of year $25,333,591
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
beginning of year $9,511,946 · end of year $0
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
beginning of year $995,411 · end of year $0
-
15 · Other assets
beginning of year $342,014 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $1,823,872 · end of year $2,309,541
-
20 · Tax-exempt bond liabilities
beginning of year $25,715,066 · end of year $25,825,000
-
25 · Other liabilities
end of year $1,076,216
-
27 · Net assets without donor restrictions
beginning of year $1,143,495 · end of year -$698,360
Mission and programs · 2024
Mission
THE MISSION OF THE ORGANIZATION IS TO HONOR GOD BY ENRICHING THE LIVES AND TOUCHING THE HEARTS OF OLDER ADULTS.
-
CROSBY SENIOR CARE CENTER WAS FORMED TO OPERATE A 54-BED SKILLED NURSING FACILITY KNOWN AS HEARTWOOD CARE CENTER. THE FACILITY WAS UNDER CONSTRUCTION DURING THE TAX YEAR AND DIDN'T OPEN UNTIL SUBSEQUENT TO YEAR END.
Expenses $7,714,356 · Grants $25,778 · Revenue $7,109,841
As filed on the 2024 return.
Listed in Part VII
-
KATIE BERG
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
DAN LINDH
BOARD TREASURER
- Total calculated
- $0
- Hours/week
- 1
-
MARK MEYER
BOARD SEC/TREAS
- Total calculated
- $0
- Hours/week
- 1
-
AMY HART
BOARD CHAIR
- Total calculated
- $0
- Hours/week
- 1
-
DUANE LARSON
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
KIM BLANK
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
-
DEB WAEDT
BOARD MEMBER
- Total calculated
- $0
- Hours/week
- 1
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
PRESBYTERIAN HOMES HSG & ASSISTED
501(C)(3) · SENIOR HOUSING · MN
Directly controlled by NA
-
CUYUNA REGIONAL MEDICAL CENTER
501(C)(3) · HOSPITAL · MN
Directly controlled by NA
-
501(C)(3) · SENIOR HOUSING · MN
Provenance
- Return type
- form_990
- Tax year
- 2024
- IRS schema version
- 2024v5.2
- Source object
- 202622209349300107
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