2024-09-10T13:48:04-05:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 220 S 6TH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2023-01-01 420896119 FAITH LUTHERAN HOME FAIT 6417325511 914 DAVIDSON DRIVE OSAGE IA 50461 SCOTT HALBACH ADMINISTRATOR 6417325511 2024-09-10 1 0 ANN NEIL P01817922 6123764500 2024-09-10 2023 2024-08-08 14:25:15Z SCOTT HALBACH 914 DAVIDSON DRIVE OSAGE IA 50461 5991377 0 X FAITHLUTHERANHOMEOSAGE.COM X 1964 IA TO PROVIDE A FACILITY WHICH HAS A PLEASANT AND HOME-LIKE ATMOSPHERE AND ALSO PROVIDE AND MADE AVAILABLE AN ENRICHING PROGRAM OF SERVICES THAT APPLY TO THE NEEDS OF THE RESIDENTS. 12 12 124 0 0 0 22670 436482 4673149 5549953 24967 4942 56681 0 4777467 5991377 0 0 0 0 2925410 3200368 0 0 0 2582012 2938706 5507422 6139074 -729955 -147697 3868400 3796209 2766879 2750361 1101521 1045848 TO PROVIDE A FACILITY WHICH HAS A PLEASANT AND HOME-LIKE ATMOSPHERE AND ALSO PROVIDE AND MADE AVAILABLE AN ENRICHING PROGRAM OF SERVICES THAT APPLY TO THE NEEDS OF THE RESIDENTS. 0 0 5401021 0 5549953 FAITH LUTHERN HOME CORPORATION PROVIDES HOUSING AND NECESSARY MEDICAL CARE FOR INDIVIDUALS REQUIRING NURSING HOME CARE. THEY ALSO PROVIDE ASSISTED LIVING FOR THE ELDERLY AND DISABLED PEOPLE. 5401021 1 1 0 0 0 0 0 0 0 0 1 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 23 0 124 1 0 0 0 0 0 0 0 0 0 0 0 0 X 12 12 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 0 0 X BRIGHTON CONSULTING GROUP 6417325511 914 DAVIDSON DRIVE OSAGE IA 50461 LEANNA TROGE PRESIDENT 1.00 X X 0 0 0 MARK PENNY VICE PRESIDENT 1.00 X X 0 0 0 DALE TOBBERT TREASURER 1.00 X X 0 0 0 NANCY KLEMESRUD DIRECTOR 1.00 X 0 0 0 BOB KLEMESRUD DIRECTOR 1.00 X 0 0 0 BONNIE BLAKE DIRECTOR 1.00 X 0 0 0 LEROY STEWARD DIRECTOR 1.00 X 0 0 0 CAROL MENNENGA DIRECTOR 1.00 X 0 0 0 NORMA BRUNNER DIRECTOR 1.00 X 0 0 0 KEN SWENSON DIRECTOR 1.00 X 0 0 0 KELCI FARMER DIRECTOR 1.00 X 0 0 0 JEFF ROSENBERG DIRECTOR 1.00 X 0 0 0 SCOTT HALBACH ADMINISTRATOR 40.00 X 110373 0 25090 110373 0 25090 1 0 0 0 0 402733 33749 436482 PATIENT REVENUE 623000 4690812 4690812 ASSISTED LIVING REVENU 623000 453836 453836 INDEPENDENT LIVING REV 623000 404967 404967 MEALS 623000 228 228 ADMINISTRATIVE CONSULT 623000 110 110 5549953 4742 4742 200 0 200 200 200 5991377 5549953 0 4942 X 135463 135463 2353680 2171194 182486 38887 32714 6173 448858 391853 57005 223480 181539 41941 650 650 51728 51728 1074668 1033149 41519 238884 200885 37999 50725 50725 178639 178639 FOOD & DEPARTMENTAL SUP 930931 930931 OTHER EXPENSES 294812 93929 200883 BAD DEBT RECOVERY 117669 117669 6139074 5401021 738053 0 349862 340423 797535 856657 299682 281731 6000 6000 5672 10843 4319780 2034964 2409628 2284816 21 15739 3868400 3796209 552295 710231 1609560 1528223 605024 511907 2766879 2750361 X 1091916 1036243 9605 9605 1101521 1045848 3868400 3796209 -147697 92024 0 X X 0 1 X 1 0 X 75959 49589 19551 22670 436482 604251 5682529 5689557 4709759 4729830 5549953 26361628 5758488 5739146 4729310 4752500 5986435 26965879 0 0 0 26965879 11086 14376 28523 30529 4742 89256 11086 14376 28523 30529 4742 89256 5769574 5753522 4757833 4783029 5991177 27055135 0.99670 0.99630 0.00330 0.00370 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 7082 7082 3402050 1462119 1939931 886729 572845 313884 23919 23919 2284816 RESIDENT DEPOSITS 496168 LEASE OBLIGATION 15739 511907 X 6083401 92024 92024 5991377 0 5991377 6139074 0 6139074 0 6139074 PART X, LINE 2: THE ORGANIZATION HAS BEEN GRANTED EXEMPT STATUS RELATIVE TO FEDERAL AND STATE CORPORATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) AND APPLICABLE STATE STATUTES; ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE ACCOMPANYING FINANCIAL STATEMENTS. THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL AND STATE AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. FORM 990, PART VI, SECTION B, LINE 11B BOARD REVIEWS FORM 990 AT BOARD MEETING PRIOR TO FILING IT WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C FAITH LUTHERAN HOME CORPORATION MONITORS THEIR EMPLOYEE'S COMPLIANCE WITH THE CONLICT OF INTEREST POLICY THROUGH ANNUAL REVIEWS AND THROUGH INVESTIGATIONS OF ANY ALLEGATIONS OF POTENTIAL CONFLICTS OF INTEREST. FORM 990, PART VI, SECTION B, LINE 15A THE BOARD OF DIRECTORS DETERMINES THE SALARY OF THE ADMINISTRATORS BY DOING AN AREA MARKET SURVEY OF OTHER NURSING HOMES IN THE AREA. THEY COMPARE SALARIES, BENEFITS AND EXPERIENCE OF THE OTHER ADMINISTRATORS AND FROM THIS SURVEY AND DISCUSSIONS THEY DETERMINE AND SET THE ADMINISTRATORS SALARY FOR FAITH LUTHERAN HOME CORPORATION. FORM 990, PART VI, SECTION C, LINE 19 FAITH LUTHERAN HOME CORPORATION MAKES ALL OF THEIR GOVERNING DOCUMENTS, POLICIES, FINANCIAL STATEMENTS AND FORM 990 TAX RETURN AVAILABLE AT ANY TIME TO THE PUBLIC IN THE ADMINISTRATIVE OFFCES LOCATED AT 914 DAVIDSON DRIVE OSAGE, IA 50461. FORM 990, PART IX, LINE 11G PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 1,033,149. MANAGEMENT AND GENERAL EXPENSES 41,519. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 1,074,668. FORM 990, PART XII, LINE 2C NO CHANGE FROM PRIOR YEAR.