2025-11-13T12:46:20-06:00 2024-12-31 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2024-01-01 810499281 Missions United Inc MISS 4066555600 3940 Rimrock Rd Billings MT 59102 Whitney Griffin CFO 4066555600 2025-11-13 1 1 Heidi M Sachs CPA P01273512 6122536500 2025-11-12 2024 2025-03-06 01:10:19Z David Trost 3940 Rimrock Rd Billings MT 59102 25673859 0 X www.missionsunited.org X 1998 MT Retirement and assisted living housing. 8 8 0 81 0 0 10475 53367 13599236 14623222 816702 2813660 0 0 14426413 17490249 0 0 0 0 4742928 5322918 0 0 0 9795481 10424051 14538409 15746969 -111996 1743280 54371886 57506172 46247925 47648661 8123961 9857511 X To serve Christ by creating abundant life opportunities and providing quality service for seniors. 0 0 13295466 14623222 Missions United is first and foremost a Christian community. Our mission is God's Mission; the work of healing a broken world, the work of healing the sick, and binding up the broken hearted. This mission is accomplished through serving Christ by creating abundant life opportunities and providing quality services to seniors. Continued on Schedule OMissions United, Inc. opened Mission Ridge, Montana's first state-of-the-art CCRC in Billings, on January 5, 1998. In October 2016, it opened its second community, WyndStone, in Billings Heights; and in February 2023, it acquired SkyRidge, also in Billings Heights. Missions United, Inc. is an expression and extension of the church's mission. In public worship and in private settings, the following events happen: God's saving word is proclaimed, the Sacraments are administered, prayers and devotions are offered, pastoral care and counseling are provided, and works of charity and benevolence are offered.The goal of the Mission Ridge, WyndStone, and SkyRidge communities is to provide housing, as well as health and financial security for our elders, while simultaneously preserving their privacy and self-sufficiency to the fullest extent possible. The Mission Ridge senior living community consists of 120 independent living apartments and 62 assisted living apartments, while WyndStone has 51 independent living and 32 assisted living apartments, and SkyRidge has 32 assisted living apartments. In conjunction with the existing long-term care facility, St. John's United, Missions United residents receive priority access to a full continuum of care.Missions United is providing for the physical, spiritual, social, and emotional wellbeing of its residents by offering housing in an environment designed specifically for their needs. Missions United residents are guided and nurtured through life's housing and healthcare transitions, lessening the hardship and crisis for themselves and their families. Financial security is being provided to the residents of the community by offering quality services to residents at the lowest possible cost. Missions United has adopted a policy, set forth in the Residency Agreement, providing financial assistance to residents who become unable to pay their monthly service fee or other charges. No residents have been, or ever will be, discharged because of an inability to pay. Existing resident deposits are available to assure such financial assistance will be available. The average deposit on a Missions United/WyndStone apartment on December 31, 2024 was about $123,000. That is just 31% of the 2024 median single family homes sale in Billings of $394,111 (Zillow). Missions United contracts for and provides access to a continuum of long-term care services available to elderly residents of middle class financial means. A long-term care benefit is offered to all independent living residents to assist in preserving financial security. The benefit provides $500 per month if transition occurs to assisted living and $750 per month if transition occurs to skilled nursing services (total maximum benefit of $18,000). During 2024, 35 residents who required either assisted living or skilled nursing care received $118,205 in long-term care benefits. From date of inception (1998), residents have received $2,524,120 in long-term care benefits. Missions United is not just an expression and extension of the church; it is the church at work in this place and in the world. In our 26th year, Missions United provided many community benefits. Included in our effort to promote benefits to our residents and provide service to others in the world were the following:1. Invest in a community benefit tracking software that will help better define, track, and store all of our efforts, costs, and people served as a benefit to the larger community. Missions United provided $394,522 of community benefit to 16,040 people in 2024.2. Missions United has intentionally not fully occupied its assisted living apartments to keep two respite rooms available to serve area seniors for short periods of time while long-term decisions can be made. Mission Ridge and WyndStone provided respite care for about 478 days in 2023, resulting in a loss of revenue of about $38,000 for the days the respite rooms remained unoccupied. Missions United pays bed hold fees totaling $36,500 annually to maintain availability to other levels of care via the St. John's Continuum of Care. In addition, Missions United committed $250,000 in 2024 to assure that those who have run out of resources and rely on Medicaid will have a place in the St. John's continuum of care should they need memory or skilled nursing care.3. Staff encourage and facilitates the residents to volunteer in the community via formal programs, sponsorship, and transportation.4. The 2024 Summer Concert held its 26th season on the Missions United/St. John's campus. We hosted over 12,000 people as we provided six community events at three campus locations at no charge to our residents, friends, and neighbors! 5. Provided space to other organizations as needed in 2024 groups such as Big Sky Senior Services, retired teachers, non-denominational worship and bible studies, Billings Public Library, Arrowhead school events, recitals, Billings Public Schools, MSU Art/Music Departments.6. In 2024, Missions United provided free health assessments, education, and/or guidance to approximately 1,500 seniors and their families including information about our services beyond that of Missions United. This guidance helps their understanding and preparation for senior living and their understanding of other benefits available to them such as Veterans Aid and Attendance, Medicaid Waiver, Medicare A, B, and D, and/or improving their current situation by identifying opportunities and health needs while still living at home. Once residents, they find additional comfort in the fact that they have a plan for their future when their medical needs change. 13295466 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 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 41 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 1 1 0 0 1 1 1 1 0 0 0 1 1 1 1 1 1 0 0 0 X X Whitney Griffin 4066555684 3940 Rimrock Road Billings MT 59102 X X Paige Spalding President 2.00 X X 0 0 0 Tracy Neary Vice President 1.00 X X 0 0 0 Mark Wilkinson Treasurer (Jan-Jun) 1.00 X X 0 0 0 David Trost CEO & Secretary 1.00 X X 0 0 0 Mike Follett Board Member 1.00 X 0 0 0 Kristi Foss Board Member 1.00 X 0 0 0 McKay Owens Board Member (Jun-Current) 1.00 X 0 0 0 Jodi Bryant Board Member (Sept-Current) 1.00 X 0 0 0 Lee Boyles Board Member (Sept-Current) 1.00 X 0 0 0 Jerry Pearsall CFO 12.00 X 0 0 0 Karna Rhodes Sr. Admin Officer - MU and SJU 20.00 X 0 0 0 0 0 0 0 0 0 0 St John's Lutheran Ministries Inc 3940 Rimrock Road Billings MT 59102 Management Fees 957503 Rich's Modern Flooring 713 Main St Billings MT 59105 Flooring Company 320939 G&C Enterprises 530 1st Ave N Billings MT 59101 Construction Services 232110 Pella Windows & Doors 2520 Grand Ave Billings MT 59102 Window Company 162021 Ben Mitchell Construction 93 Young Rd Joliet MT 59041 Construction Services 144381 5 53367 53367 Resident Revenue 623000 14314599 14314599 Other Revenue 623000 154851 154851 Entrance Fees 623000 153772 153772 14623222 637218 637218 10360052 8183610 2176442 2176442 2176442 17490249 14623222 0 2813660 X 4716582 3884246 832336 31507 22702 8805 237619 171215 66404 337210 242975 94235 957503 957503 49800 49800 3210454 2960458 249996 113912 113912 378241 301003 77238 153526 153526 777353 774752 2601 14641 3971 10670 11639 5318 6321 634226 634226 2321381 2321381 221210 221210 Food 1156219 1156219 Repairs and Maintenance 194354 194354 Bad Debt 130211 130211 Fees 46922 33500 13422 52459 50698 1761 15746969 13295466 2451503 0 1538868 1465875 225323 367823 2346984 1687 1687 101223 103376 63148549 34004456 29654391 29144093 22292110 23585232 244526 278530 159980 142368 153778 70204 54371886 57506172 297390 351863 905465 1088546 23384574 22334464 2062462 1627078 19598034 22246710 46247925 47648661 X 7963411 9691972 160550 165539 8123961 9857511 54371886 57506172 1743280 -9730 0 X 0 1 X 1 0 X 366017 222 250 10475 53367 430331 11031694 11016163 11927070 13599236 14623222 62197385 11397711 11016385 11927320 13609711 14676589 62627716 0 0 0 62627716 332666 423058 375467 536123 637218 2304532 332666 423058 375467 536123 637218 2304532 11730377 11439443 12302787 14145834 15313807 64932248 0.96450 0.96730 0.03550 0.03270 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1976704 1976704 51528275 28009708 23518567 5323734 3406424 1917310 4319836 2588324 1731512 29144093 Estimated Obligation for Benefits 738367 Security Deposits 3112540 Refundable Entrance Fees 18147529 Due to Affiliates 248274 22246710 X 17480519 -9730 -9730 17490249 0 17490249 15746969 0 15746969 0 15746969 Part X, Line 2: The Company 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 financial statements. The Company 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 Montana Facility Finance Authority 810302402 000000000 2014-08-07 30000000 Refunding of 2011 bonds and building of new community, WyndStone 0 0 0 A 7491000 30000000 377289 425000 20029952 9167759 2017 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 0 1 0 0 0 1 A 1 Schedule K, Part II: Line 11: We secured $30,000,000 maximum financing to: 1) Pay off MFFA 2011 Bonds used to refinance Mission Ridge, which was $9,028,860.81 + $38,898 interest + $100,000 prepayment penalty to First Interstate Bank. Form 990, Part VI, Section A, line 2 Missions United Board Member David Trost is President and CEO of St. John's United. Senior management staff Jerry Pearsall and Karna Rhodes are all employees of St. John's and have a business relationship with David Trost. Form 990, Part VI, Section A, line 3 The organization is managed by St. John's Lutheran Ministries (dba St. John's United), and all of the staff of Missions United are employed by St. John's; Missions United has no employees. Karna Rhodes, Senior Administrator Officer at St. John's, became the Senior Administrative Officer and now is responsible for the day-to-day operations of the entire main campus in west Billings, which includes Mission Ridge and The Vista. Karna received total compensation of $154,205. A regional department was established to manage all St. John's United properties outside of the main campus in West Billings, which includes the Missions United community, WyndStone. Missions United continues to receive financial oversight by St. John's CFO Jerry Pearsall, which includes billing, payables, financial reporting, budgeting, and communication with bondholders, as well as other services of maintenance, grounds, and security. Jerry received total compensation of $183,715. Form 990, Part VI, Section A, line 6 Membership in the organization consists of St. Vincent Healthcare and St. John's Lutheran Ministries, Inc. Form 990, Part VI, Section A, line 7a The members shall appoint directors at the annual meeting. Each member shall have the exclusive right to appoint 50% of the total number of the board of directors and replace appointed directors whose terms have expired or who have not completed their terms. Form 990, Part VI, Section A, line 7b The members may amend, repeal or reinstate any bylaw amended, deleted or added by the board of directors. The following board actions require unanimous membership approval: a. All capital contributions received by members in excess of fifty thousand dollars ($50,000) per fiscal year per member; b. The admission of any new members to the corporation; c. The execution, termination or renewal of any management services agreement; d. The incurrence of debt by the corporation in excess of one hundred thousand dollars ($100,000); e. The sale, lease or exchange of all or substantially all of the assets of the corporation; f. The merger, corporate reorganization or consolidation of the corporation; g. The amendment of these bylaws. Form 990, Part VI, Section A, line 8b There are no committees with the authority to act on behalf of the governing body. Form 990, Part VI, Section B, line 11b Form 990 will be presented to the Board of Directors at a board meeting prior to the filing. Form 990, Part VI, Section B, line 12c Compliance with policy is monitored by overall awareness of directors' interests. The board, board officers and employees are covered under this policy and determinations of whether a conflict of interest exists are made at the board level. All conflicts are reviewed by the board and voting restrictions are imposed on board members with a conflict of interest. Form 990, Part VI, Section B, line 15 The organization receives management services from St. John's Lutheran Ministries, Inc. The Board of Directors/Compensation Committee of St. John's Lutheran Ministries, Inc. sets the wage of the officers for services provided to St. John's Lutheran Ministries, Inc. according to its established compensation policies. All other employees compensation is set by CEO/VP level officers of St. John's Lutheran Ministries, Inc. 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 written request. Form 990, Part VII: Missions United, Inc. pays a management fee to St. John's Lutheran Ministries, Inc. (SJLM) for their management services. The fee paid to SJLM was $957,503 in 2024. The officers are compensated by SJLM for their services provided to SJLM. As part of the management agreement with SJLM, the officers of SJLM provide management services to Missions United, Inc. The management fee paid to SJLM does not allocate a portion related to officer services therefore there is no compensation shown on Part VII for these individuals. Form 990, Part IX, line 11g Contract Labor: Program service expenses 2,208,044. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,208,044. Purchased Services: Program service expenses 84,552. Management and general expenses 0. Fundraising expenses 0. Total expenses 84,552. EVS Contract Forefront Fees: Program service expenses 667,862. Management and general expenses 0. Fundraising expenses 0. Total expenses 667,862. Other Fees: Program service expenses 0. Management and general expenses 249,996. Fundraising expenses 0. Total expenses 249,996. Form 990, Part IX Line 7 and Part V Line 2: Mission United does not employ any employees, but instead purchases services from St. John's Lutheran Ministries which is reported as compensation services on Part IX.