2024-10-23T11:28:50-05:00 2024-06-30 450250958 Eide Bailly LLP 4585 Coleman St Ste 200 Bismarck ND 58503 990 2023-07-01 450231494 Parkside Lutheran Home PARK 7016835239 501 3rd Avenue West PO Box 153 Lisbon ND 58054 Tim Kennedy Administrator 7016835239 2024-10-22 1 1 Lisa Chaffee CPA P00193453 7012551091 2024-10-22 2023 2024-10-15 13:58:12Z Tim Kennedy 501 3rd Avenue West PO Box 153 Lisbon ND 58054 5409093 0 9386 X www.parksidelutheranhome.com X 1946 ND Provide quality, holistic, and loving care that enhances the lives of our residents and families. 7 7 81 7 0 0 105636 71749 4381938 5315540 11317 21804 860737 0 5359628 5409093 0 0 0 0 2876462 3476621 0 0 0 2019950 1642809 4896412 5119430 463216 289663 2979922 3047514 2195752 1973681 784170 1073833 X Provide quality, holistic, and loving care in a home that enhances the lives of our residents and families that we serve. 0 0 4566178 5315540 Parkside Lutheran Home, a 40-bed skilled nursing facility, is dedicated to caring for the physical, emotional, and spiritual needs of our residents. To care for the physical needs we have a staff of RNs, LPNs, and certified nursing assistants available 24 hours per day. Each room is equipped with an emergency call system so help is never far away. In November of 2009, construction was completed on the two new units for private rooms and 10-bed basic care units, and these units were occupied. Each resident has an individual care plan developed at the time of admission. This plan is resident specific including all nursing cares, dietary needs/wants, as well as social service needs and activities. Our activities include bingo, baking, and crafts such as painting and bead work.We strive to provide care that enables each resident to achieve his or her highest level of physical and mental functioning. With this in mind we are able to carry out Parkside's mission which is: "Provide quality, holistic, and loving care in a home that enhances the lives of our residents and families that we serve." 4566178 1 1 0 0 0 0 0 0 1 0 1 0 0 1 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 1 81 1 0 0 0 0 0 0 0 0 0 0 0 0 X 7 7 0 0 0 0 1 0 0 1 1 0 0 1 1 1 1 0 1 1 0 0 X Kathy Schultz Business Manager 7016835239 501 3rd Avenue South PO Box 153 Lisbon ND 58054 Dan Olson President 1.00 X X 0 0 0 Cindy Stetson Vice President 1.00 X X 0 0 0 Pastor Ella Moehlman Director 1.00 X X 0 0 0 Nick Storhaug Director 1.00 X 0 0 0 Art Hagen Director 1.00 X 0 0 0 Tylea Horgeshimer Director 1.00 X 0 0 0 Arleene Hansen Director 1.00 X 0 0 0 Tim Kennedy Administrator 20.00 X 101891 0 12275 Kathy Schultz Business Manager 40.00 X 105757 0 27291 207648 0 39566 2 0 0 0 0 42585 29164 71749 Resident Service Reven 623000 5293282 5293282 Supporting Revenue 900099 22258 22258 5315540 1001 1001 13903 6900 0 0 13903 6900 20803 20803 5409093 5315540 0 21804 X 233184 233184 2558813 2498044 60769 24085 21864 2221 455002 449594 5408 205537 186581 18956 29835 29835 629353 571093 58260 8409 8409 93197 53032 40165 131907 119960 11947 8968 7863 1105 3223 2545 678 77628 74261 3367 182654 174731 7923 69008 69008 Medical Supplies 316599 316599 Bad Debt Recovery 90011 90011 Employee Recruitment 1550 1550 Employee Relations 467 467 5119430 4566178 553252 0 239023 219214 359764 475558 4777 0 7316124 6019381 1378347 1296743 117274 132677 20000 20000 860737 903322 2979922 3047514 431783 396223 36230 0 1690422 1557040 1460 2320 35857 18098 2195752 1973681 X 684170 1023833 100000 50000 784170 1073833 2979922 3047514 289663 0 X 0 1 X 1 0 X 106831 460408 697176 105636 71749 1441800 4011698 3946465 4407285 4381938 5315540 22062926 4118529 4406873 5104461 4487574 5387289 23504726 0 1887535 1822177 845099 2033287 1501968 8090066 1887535 1822177 845099 2033287 1501968 8090066 15414660 26 13 19 1330 1001 2389 26 13 19 1330 1001 2389 4118555 4406886 5104480 4488904 5388290 23507115 0.65570 0.62480 0.00010 0.00010 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 8397 8397 6529344 5265725 1263619 686154 663409 22745 92229 90247 1982 1296743 ERC Receiveable 903322 903322 X 5409093 0 5409093 0 5409093 5119430 0 5119430 0 5119430 Part IV, Line 2b: The Home acts as custodian for the funds of the residents. These funds are included in cash and cash equivalents and accounts payable in the financial statements. Resident trust funds totaled $2,320 and $1,460 at June 30, 2024 and 2023. Part X, Line 2: The Home believes that it has appropriate support for any tax position taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the financial statements. The Home would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. A City of Lisbon North Dakota 456002113 2008-12-11 3900000 Renovation and addition to the nursing facility. 0 0 0 A 2342960 3900000 41036 21500 3837464 2010 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 0 A 0 0 1 0 1 0 0 0 0 A 0 Schedule K, Part II, Line 1, Column A Bonds Retired The Series 2008A Revenue Bond matures in 2033 and the Series 2008B Revenue Bond expired in 2018. The amount on line 1 represents the amount of principal reduction of the underlying note payable to the financial institutions rather than actual retirement of bonds of the issue. Form 990, Part VI, Section A, line 1a The Executive Committee consists of the President, Vice President and Secretary of the governing board. The Executive Committee has the authority to act on behalf of the governing board in the management of the business of the Corporation between meetings of the Board. Form 990, Part VI, Section A, line 6 The majority of the members of Parkside Lutheran Home consist of Lutheran congregations, including congregations of the Evangelical Lutheran Church In America. Other congregations may from time to time be invited and elect to become members. Each of the member churches designates from its congregation two voting delegates to represent the congregation at meetings. The delegates are allowed one vote on all matters submitted to a vote of the voting delegates. The members select individuals from which the board elects members of the governing body. Form 990, Part VI, Section B, line 11b The Administrator and Business Office Manager will review and present the 990 to the full board at a board meeting prior to the 990 being filed. Form 990, Part VI, Section B, line 12c The Administrator reviews the conflict of interest policy that covers the board of directors and officers of the organization. The Administrator and Board President will disclose any conflicts that are identified. If there is a conflict the involved parties will cease from voting on issues relating to the conflict. Form 990, Part VI, Section B, line 15a The board meets on an annual basis to discuss the Administrator's performance. Increases in compensation are based on performance, as well as what percentage increase the rest of the staff received. This discussion is then followed by a board discussion with the Administrator and documented in the board minutes. The last time this process was reviewed was on the hire date anniversary in February. The Business Manager's compensation is annually reviewed every January by the Administrator. The pay increase is performance based, as well as the percentage of increase the rest of the staff received. Form 990, Part VI, Section C, line 19 The governing documents, conflict of interest policy, and financial statements are available to the public upon request. Form 990, Part IX, line 11g Other Fees: Program service expenses 3,347. Management and general expenses 8,217. Fundraising expenses 0. Total expenses 11,564. Agency Staffing: Program service expenses 294,056. Management and general expenses 0. Fundraising expenses 0. Total expenses 294,056. Nursing: Program service expenses 85,118. Management and general expenses 0. Fundraising expenses 0. Total expenses 85,118. Pharmacy: Program service expenses 6,600. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,600. Occupational Therapy: Program service expenses 57,177. Management and general expenses 0. Fundraising expenses 0. Total expenses 57,177. Physical Therapy: Program service expenses 77,111. Management and general expenses 0. Fundraising expenses 0. Total expenses 77,111. Maintenance: Program service expenses 41,300. Management and general expenses 0. Fundraising expenses 0. Total expenses 41,300. IT Service Agreements: Program service expenses 0. Management and general expenses 45,672. Fundraising expenses 0. Total expenses 45,672. B/B Shop: Program service expenses 0. Management and general expenses 4,371. Fundraising expenses 0. Total expenses 4,371. Speech Therapy: Program service expenses 6,384. Management and general expenses 0. Fundraising expenses 0. Total expenses 6,384.