2025-08-15T06:49:09-05:00 2024-09-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2023-10-01 411477434 Glenwood Plaza Inc GLEN 3206345131 719 SE 2nd St Glenwood MN 563341899 Marnie Gugisberg Chief Financial Officer 3206345131 2025-08-14 1 1 Heidi M Sachs CPA P01273512 6122536500 2025-08-13 2023 2025-03-06 01:10:19Z Marnie Gugisberg 719 SE 2nd St Glenwood MN 563341899 410482 0 9386 X www.grvillage.org X 1983 MN Independent Senior Housing 8 8 0 9 0 0 0 0 385103 410482 129 0 0 0 385232 410482 0 0 0 0 25216 42020 0 0 0 312632 321149 337848 363169 47384 47313 605460 563377 1359194 1269798 -753734 -706421 The Glenwood Plaza Inc. exists to fulfill the call of our Lord Jesus Christ to serve others with a primary mission to enhance the quality of life of those we serve through innovative health, housing, spiritual, and social services. 0 0 321515 0 410482 Glenwood Plaza is an independent senior housing project with units rented as townhomes. The units have two bedrooms and an attached garage. There are 30 units available in duplex or triplex configurations. The monthly fee includes lawn care, snow removal, maintenance on buildings and installed equipment, water, sewer, and garbage. If needed, home care services may be contracted privately with the client's vendor of choice. Plaza tenants are invited to participate in activities sponsored by related non-profit entities. 321515 1 0 0 0 0 0 0 0 0 0 1 0 0 0 1 1 0 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 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 1 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 MN X Emily Benham 3206345760 719 2nd Street SE Glenwood MN 56334 X Doug Bogie Chair 0.30 0.60 X X 0 0 0 Allen Dahlseng Vice Chair 0.30 0.60 X X 0 0 0 Jodi McGinty until Mar 2024 Director 0.30 0.60 X 0 0 0 Laura Jergenson Director 0.30 0.60 X 0 0 0 Tom Talle Director 0.30 0.60 X 0 0 0 Mike Larson Director 0.30 0.60 X 0 0 0 Sharon Braaten Director 0.30 0.60 X 0 0 0 Sharon Isdahl Director 0.30 0.60 X 0 0 0 Caryl Nelson Director 0.30 0.60 X 0 0 0 Jason Garcia until Jun 2024 Executive Director 2.00 18.00 X 0 0 0 Angie Urman until Aug 2024 Interim Administrator 2.00 18.00 X 0 0 0 Emily Benham From Aug 2024 Executive Director 2.00 38.00 X 0 0 0 Marnie Gugisberg CFO 2.00 18.00 X 0 0 0 0 0 0 0 0 0 0 0 Independent Sr Housing 623000 410337 410337 145 145 410482 410482 410482 0 0 28522 23112 5410 1196 969 227 10351 8388 1963 1951 1581 370 2201 2201 20661 1428 19233 6144 6144 6268 4791 1477 3552 3552 149698 149698 1726 1726 110175 110175 19816 19647 169 Membership Dues 883 883 Minnesota Filing fee 25 25 363169 321515 41654 0 5906 43205 259 220 3801475 3305418 576925 496057 22370 23895 605460 563377 116485 25123 21929 23895 1220780 1220780 1359194 1269798 X -753734 -706421 -753734 -706421 605460 563377 47313 0 X 0 1 X 0 0 X 332695 338336 341228 385103 410482 1807844 332695 338336 341228 385103 410482 1807844 0 177948 191036 185805 224916 260382 1040087 177948 191036 185805 224916 260382 1040087 767757 38 25 27 129 0 219 38 25 27 129 219 3757 3757 332733 342118 341255 385232 410482 1811820 0.42370 0.45390 0.00010 0.00030 X Schedule A, Part III, Line 12, Explanation of Other Income: Misc Income - 2020 Amount: $ 3,757. 0 1 X 36165 36165 3448442 3051807 396635 316868 253611 63257 496057 Accomodation Fee 1220780 1220780 X 410482 0 410482 0 410482 363169 0 363169 0 363169 Part IV, Line 2b: As a condition of the rental agreement, private pay residents are required to make a refundable security deposit equal to one month's rent. These amounts are deposited in an interest-bearing account. The security deposits plus interest are included in other assets and liabilities in the financial statements. Part X, Line 2: Glenwood Plaza believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and as such, does not have any uncertain tax positions that are material to the combined financial statements. Glenwood Plaza 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. Form 990, Part VI, Section A, line 1a The Board of Directors may designate two or more of their members to constitute an Executive Committee. To the extent determined by the Board, the Executive Committee shall have the authority of the Board in the management of the business of the corporation. The Executive Committee shall act only in the interval between meetings of the Board, and at all times is subject to the control and direction of the Board. Form 990, Part VI, Section A, line 2 All board members have a business relationship. Form 990, Part VI, Section A, line 3 Glenwood Plaza, Inc. has a management agreement with Vivie, an unrelated organization, that began in October 2022. Glenwood pays 4.25% of revenues to Vivie to cover all management functions and oversight of the facility. Individuals listed in Form 990, Part VII that are paid under this agreement by Glenwood Plaza, Inc. include Jason Garcia, Angie Urman, and Emily Benham as top management officials and Marnie Gugisberg as top financial official. They were compensated $2,563, $2,158, $1,389, and $943 for these services respectively in fiscal year 2024. Form 990, Part VI, Section A, line 6 The non-voting members of the Corporation shall consist of Christian congregations electing to participate. Fifty-one percent or more of such congregations shall be affiliated with the Evangelical Lutheran Church in America. Voting members consist of all the pastors of the congregations electing to participate and at least two lay-delegates for each such congregation. Said congregations having 200 or more confirmed members may have one additional voting member for each 100 confirmed members or a major fraction thereof over the first 200. Form 990, Part VI, Section A, line 7a Each of our affiliated churches chooses one member to be on the Board of Directors. Form 990, Part VI, Section A, line 7b The members vote on changes to the Bylaws. Form 990, Part VI, Section B, line 11b The Form 990 is reviewed by the CFO and is then provided to the Board prior to filing. Form 990, Part VI, Section B, line 12c All employees and Board Members are covered by the conflict of interest policy. Management will determine if a conflict exists. If a conflict exists, the individual will refrain from participating in the discussion and vote. Each individual is required to complete a conflict of interest form annually. Form 990, Part VI, Section B, line 15 Glenwood Plaza has a management agreement with Vivie, an unrelated organization. Glenwood pays 4.25% of revenues to Vivie to cover all management functions including compensating management and financial officials. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Glenwood Village Care Center Inc 719 SE 2nd Street Glenwood MN 56334 410872240 Skilled nursing and assisted living services. MN 501(c)(3) Line 10 N/A 1 Glenwood Retirement Home Foundation Inc 719 SE 2nd Street Glenwood MN 56334 411453070 Fundraising and support of related organizations. MN 501(c)(3) Line 7 N/A 1 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 0 0 0 0 Schedule R, Part II, Column (f): Glenwood Plaza, Inc., Glenwood Village Care Center, Inc., and Glenwood Retirement Home Foundation, Inc. have 100% board overlap. Therefore, they are considered controlled and controlling organizations per Section 512(b)(13).