2026-08-14T11:24:35-05:00 2025-09-30 410746749 CLIFTONLARSONALLEN LLP 121 WEST BRIDGE STREET OWATONNA MN 55060 990 2024-10-01 621611446 THE FOUNDATION FOR HEALTH CARE CONTINUUM S FOUN 3202531920 520 1ST ST NE SARTELL MN 56377 KEVIN HARGUTH CFO 3202531920 2026-08-07 1 0 JUSTIN HARTERT P02236744 5074467100 2026-08-06 2024 2025-03-06 01:10:19Z KEVIN HARGUTH 520 1ST ST NE SARTELL MN 56377 54468249 0 X WWW.CONTINUUMS.ORG X 1995 TN PROVIDING HOUSING AND HEALTH CARE SERVICES THAT HONOR THE EVOLVING AGING POPULATION. 5 0 797 30 1196587 0 829377 9350798 38775469 40055217 609180 1088177 2323484 1806245 42537510 52300437 2417 4235 0 0 25429054 27047882 0 0 0 14800749 14295270 40232220 41347387 2305290 10953050 66566797 121655095 56380701 100134138 10186096 21520957 X THE MISSION OF THE FOUNDATION FOR HEALTH CARE CONTINUUMS IS TO STRENGTHEN EACH COMMUNITY WE SERVE BY PROVIDING A WIDE SPECTRUM OF HOUSING AND HEALTH CARE SERVICES THAT HONOR THE EVOLVING, AGING POPULATION. 0 0 16391432 1750 20906668 COUNTRY MANOR HEALTH AND REHAB CENTER: THIS IS A 131 BED SKILLED NURSING FACILITY DESIGNED TO HELP MEET THE NEEDS OF THE AGING AND INFIRM. THERE WERE 43,079 RESIDENT DAYS FOR THE FISCAL YEAR. THE CENTER ALSO PROVIDES OUTPATIENT THERAPY SERVICES TO THE GENERAL PUBLIC. 4305432 275 5514210 COUNTRY MANOR ST. JOSEPH: THIS IS AN 84-UNIT SENIOR LIVING CAMPUS IN ST. JOSEPH, MINNESOTA. THE CAMPUS IS OPERATED UNDER THE NAME WOODCREST OF COUNTRY MANOR. THERE WERE AN AVERAGE OF 84 UNITS RENTED DURING THE YEAR. 4860701 2165 5243182 COUNTRY MANOR EXTENDED SERVICES: THIS PROGRAM HAS TWO HOME HEALTH AGENCIES DESIGNED TO PROVIDE NURSING SERVICES AND THERAPY SERVICES TO CLIENTS IN THEIR HOME. 2451159 0 3310304 COUNTRY MANOR SENIOR APARTMENTS: THIS IS A 151-UNIT CONGREGATE HOUSING FACILITY FOR THE ELDERLY. THERE WERE AN AVERAGE OF 148 UNITS RENTED DURING THE YEAR. 1567595 0 2016687 WATERFORD AT COUNTRY MANOR: THIS IS A 45-UNIT ATTACHED INDEPENDENT HOUSING FACILITY FOR THE ELDERLY. IT OPENED IN MAY 2014, AND AVERAGED 44 UNITS OCCUPIED DURING THE YEAR 3691982 45 759739 COUNTRY STORE AND PHARMACY: THIS PROGRAM SERVES THE PRESCRIPTION NEEDS OF THE RESIDENTS OF COUNTRY MANOR AND IS ALSO OPEN TO FULFILL THE PRESCRIPTION NEEDS OF THE GENERAL PUBLIC. 1039566 0 1789470 THE COUNTRY VILLA: THIS IS A 45-UNIT CONGREGATE HOUSING FACILITY FOR THE ELDERLY. THERE IS AN AVERAGE OF 44 UNITS RENTED DURING THE YEAR. 1161818 0 1183431 KID'S COUNTRY CHILD CARE: THIS IS A LICENSED DAY CARE CENTER THAT SERVED 141 CHILDREN DURING THE YEAR. 187911 0 91265 COUNTRY CARE-A-VAN: THIS IS A TRANSPORTATION AGENCY DESIGNED TO PROVIDE NON-EMERGENCY TRANSPORTATION SERVICE TO THE WHEELCHAIR BOUND. 236269 0 0 COUNTRY MANOR CHAPEL: THIS IS A NON-DENOMINATIONAL CHAPEL THAT SERVES THE SPIRITUAL NEEDS OF THE 450 PEOPLE THAT LIVE AT COUNTRY MANOR HEALTH AND REHAB CENTER, THE COUNTRY VILLA, AND THE COUNTRY MANOR SENIOR APARTMENTS. THE CHAPEL PROVIDES 6 WEEKLY LITURGICAL SERVICES FOR THE PEOPLE THAT LIVE AT COUNTRY MANOR. 26781 0 0 COUNTRY MANOR CAMPUS BRAINERD: THIS IS A SENIOR LIVING CAMPUS UNDER CONSTRUCTION IN BRAINERD, MINNESOTA. THE CAMPUS IS OPERATED UNDER THE NAME PINECREST OF COUNTRY MANOR. EXPECTED OPENING DATE IS FALL OF 2026 10363081 45 9150896 35920646 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 1 55 0 1 797 1 1 1 0 0 0 0 0 0 0 0 0 0 0 X 5 0 0 0 0 0 0 0 0 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X KEVIN HARGUTH 3202588983 520 1ST ST NE SARTELL MN 56377 MICHAEL ROSEN PRESIDENT 1.00 X X 17500 0 0 FRED BROWN SECRETARY 0.50 X X 15000 0 0 SHERRY WHEATON DIRECTOR 0.50 X 15000 0 0 FELIX FRARACCIO DIRECTOR 0.50 X 15000 0 0 PAUL SANDERS DIRECTOR 0.50 X 15000 0 0 ANTHONY FENSTAD CEO 40.00 X 285370 0 34533 KEVIN HARGUTH CFO 39.00 X 251245 0 31270 JOSHUA LEMM PHARMACIST 40.00 X 197049 0 31327 EMILY FRERICKS DIRECTOR OF PUBLIC RELATIONS 40.00 X 148640 0 15588 BECKY FRERICKS VP OF LONG TERM CARE 40.00 X 177155 0 4347 ASHLEY HOUDEK DIRECTOR OF REHAB SERVICES 40.00 X 121912 0 27062 LISA RIELAND DIRECTOR OF CLINICAL & QUALITY MGMT 40.00 X 121516 0 25500 1380387 0 169627 14 0 1 0 0 165000 9128451 57347 9350798 RESIDENT FEES 623000 31141488 31141488 THERAPY SERVICES 624310 4385735 4385735 HOME CARE 621610 2933624 2933624 DAYCARE 624410 1183431 86814 1096617 MEALS 623000 319674 319674 91265 91265 40055217 1088177 1088177 38510 0 38510 38510 38510 3578440 2167812 1410628 759739 99970 550919 MISCELANEOUS INCOME 900099 218040 218040 BEAUTY SHOP 900099 80290 80290 SPECIAL SERVICE 900099 34707 34707 24070 24070 357107 52300437 39718339 1196587 2034713 4235 4235 655103 346561 308542 21902826 19307147 2595679 469694 397438 72256 2410945 2240329 170616 1609314 1442987 166327 8761 8761 27018 27018 218873 218873 1078362 498453 579909 173579 5232 168347 950987 318357 632630 1507346 1497374 9972 764238 637267 126971 15845 15845 2616737 2616737 3224485 3224485 599942 559902 40040 MED. SUPPLIES & DRUGS 1208461 1208461 BAD DEBTS 662696 578932 83764 LICENSE SURCHARGE 380292 368765 11527 REPAIRS & MAINTENANCE 285378 285378 572270 366761 205509 41347387 35920646 5426741 0 6854879 6187256 14376 14608 3475622 7953380 340835 428007 338130 529970 96416733 48615848 42017872 47800885 8152859 12883554 5372224 45857435 66566797 121655095 3094238 5865638 338 338 51757799 94739578 445168 540876 1050000 -1046410 33158 34118 56380701 100134138 X 10186096 21520957 10186096 21520957 66566797 121655095 10953050 381811 0 X X 0 1 X 1 0 X 1518026 729974 593182 829377 9350798 13021357 35092802 32847465 35808081 39562795 39979997 183291140 36610828 33577439 36401263 40392172 49330795 196312497 0 0 0 196312497 264372 347765 349172 646134 1126687 2734130 264372 347765 349172 646134 1126687 2734130 1361950 1446696 1546623 4355269 1535531 1474739 1909770 2619430 2464144 10003614 38410731 35399943 40022155 45104432 54468249 213405510 0.91990 0.98520 0.01280 0.00950 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: SALES OF INVENTORY OTHER INCOME BEAUTY SHOP SPECIAL SERVICE REVENUE CLEANING STORAGE PHONE GUEST EMPLOYEE INCOME IT SERVICES MAINTENANCE DAMAGE DEPOSITS LOSS ON REFINANCING RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 2664130 2664130 55562467 35659889 19902578 14954763 2418543 12536220 14506814 10537416 3969398 8728559 8728559 47800885 PREPAID LEASE 52964 RESIDENT TRUST FUNDS 15629 ASSETS LIMITED AS TO USE UNDER BOND INDENTURE AGREEMENTS 45788842 45857435 ASSET RETIREMENT OBLIGATIONS 34118 34118 X PART IV, LINE 2B: RESIDENT TRUST FUNDS PAYABLE AND TENANT SECURITY DEPOSITS PAYABLE. PART X, LINE 2: THE FOUNDATION 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. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO THE FOUNDATION'S TAX-EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. THE FOUNDATION FOLLOWS THE ACCOUNTING STANDARD FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THE FOUNDATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE FOUNDATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. X X X 0 0 0 0 0 0 0 0 0 ANTHONY FENSTAD CEO 270213 0 0 0 15157 0 0 11731 0 22802 285370 34533 0 0 KEVIN HARGUTH CFO 223290 0 27955 0 0 0 8860 0 22410 0 282515 0 0 0 JOSHUA LEMM PHARMACIST 190305 0 2250 0 4494 0 8525 0 22802 0 228376 0 0 0 BECKY FRERICKS VP OF LONG TERM CARE 123839 0 0 0 53316 0 3847 0 500 0 181502 0 0 0 EMILY FRERICKS DIRECTOR OF PUBLIC RELATIONS 148640 0 0 0 0 0 6157 0 9431 0 164228 0 0 0 A CITY OF SARTELL MN 416008901 803807AW6 2013-06-19 13253404 RENOVATION AND EXPANSION PROJECT. 0 0 0 B CITY OF SARTELL MN 416008901 80380SAW0 2017-10-12 11770503 REFINANCE AND PAY OFF SERIES 2010 BONDS 0 0 0 C CITY OF ST JOSEPH MN 416008146 790755AL6 2019-06-28 21523321 PURCHASE OF WOODCREST FACILITY 0 0 0 D CITY OF SARTELL MN 416008901 803807BJ4 2022-09-01 10801962 REFINANCE AND PAY OFF SERIES 2012 BONDS 0 0 0 A 13253404 1295790 265068 11692546 2014 0 0 1 1 B 2495000 11770503 235410 214160 11320933 2011 1 0 1 1 C 1045000 21523321 1254325 423900 19845096 2019 0 0 1 1 D 1645000 10801962 1069819 207272 9524871 2022 1 0 1 1 A 1 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 1 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 1 0 0 0 0.00000 0.00000 0.00000 0 0 1 D 1 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 0 1 0 0 0 0 1 B 0 1 0 0 0 0 0 0 1 C 0 1 0 0 0 0 0 0 1 D 0 1 0 0 0 0 0 0 1 A 1 B 1 C 1 D 1 DATE REBATE COMPUTATION PERFORMED ISSUER NAME: CITY OF SARTELL, MN DATE THE REBATE COMPUTATION WAS PERFORMED: 09/05/2019 A CITY OF BRAINERD 416005001 10501DAF1 2025-05-28 44030715 PURCHASE OF BRAINERD FACILITY (FIGURES ALSO INCLUDE CUSIP 10501D AG9) 0 0 0 A 44030715 3127250 880614 39230857 791994 0 0 0 0 A 1 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 1 0 0 0 0 0 0 1 A 1 FORM 990, PART VI, SECTION B, LINE 11B A DRAFT OF THE IRS FORM 990 WAS PROVIDED TO ALL OFFICERS AND BOARD MEMBERS FOR REVIEW/APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C THE ORGANIZATION HAS ADOPTED A CONFLICT OF INTEREST POLICY THAT INCLUDES A DISCLOSURE STATEMENT TO BE ANSWERED BY DIRECTORS AND OFFICERS OR ANY OTHER EMPLOYEE THAT CAN INFLUENCE THE ACTIONS OF THE ORGANIZATION. THE POLICY STATES THAT THE BOARD, OFFICERS AND MANAGEMENT EMPLOYEES HAVE THE RESPONSIBILITY OF ADMINISTERING THE AFFAIRS OF THE ORGANIZATION HONESTLY AND PRUDENTLY, AND OF EXERCISING THEIR BEST CARE, SKILL, AND JUDGEMENT FOR THE SOLE BENEFIT OF THE ORGANIZATION. THE POLICY ALSO PROVIDES, BY EXAMPLE, CERTAIN TRANSACTIONS THAT MAY GIVE RISE TO A CONFLICT. THE FACT THAT ONE OF THE INTERESTS DESCRIBED IN THE POLICY EXISTS DOES NOT NECESSARILY MEAN THAT A CONFLICT EXISTS, OR THAT THE CONFLICT, IF IT EXISTS, IS MATERIAL ENOUGH TO BE OF PRACTICAL IMPORTANCE, OR IF MATERIAL, THAT UPON FULL DISCLOSURE OF ALL THE RELEVANT FACTS AND CIRCUMSTANCES IT IS NECESSARILY ADVERSE TO THE INTERESTS OF THE ORGANIZATION. HOWEVER, IT IS THE POLICY OF THE BOARD THAT THE EXISTENCE OF ANY OF THE INTERESTS DESCRIBED IN THE POLICY SHALL BE DISCLOSED BEFORE ANY TRANSACTION IS CONSUMMATED. IT SHALL BE THE CONTINUING RESPONSIBILITY OF THE BOARD, OFFICERS AND MANAGEMENT EMPLOYEES TO SCRUTINIZE THEIR TRANSACTIONS AND OUTSIDE BUSINESS INTERESTS AND RELATIONSHIPS FOR POTENTIAL CONFLICTS AND TO IMMEDIATELY MAKE SUCH DISCLOSURES. THE BOARD (OR A DULY CONSTITUTED COMMITTEE THEREOF) SHALL DETERMINE WHETHER A CONFLICT EXISTS AND IN THE CASE OF AN EXISTING CONFLICT, WHETHER THE CONTEMPLATED TRANSACTION MAY BE AUTHORIZED AS JUST, FAIR AND REASONABLE TO THE ORGANIZATION. THE DECISION OF THE BOARD (OR A DULY CONSTITUTED COMMITTEE THEREOF) ON THESE MATTERS WILL REST IN THEIR SOLE DISCRETION, AND THEIR CONCERN MUST BE THE WELFARE OF THE ORGANIZATION AND THE ADVANCEMENT OF ITS PURPOSE. FORM 990, PART VI, SECTION B, LINE 15 THE BOARD OF DIRECTORS REVIEWED THE CEO'S COMPENSATION AND FOLLOWED REBUTTABLE PRESUMPTION GUIDELINES, WHICH INCLUDED THE USE OF COMPARABILITY DATA AND CONTEMPORANEOUS SUBSTANTIATION OF CHANGES TO THE CEO'S COMPENSATION. THE LATEST REVIEW WAS CONDUCTED IN 2025. THE ORGANIZATION'S CEO REVIEWED THE COMPENSATION OF THE OTHER KEY EMPLOYEES. LONG-TERM CARE INDUSTRY COMPENSATION INFORMATION FOR THE STATE OF MINNESOTA WAS USED AS COMPARABILITY DATA. THE EMPLOYEE'S COMPENSATION WAS COMPARED TO THE INDUSTRY AVERAGE FOR POSITIONS OF SIMILAR RESPONSIBILITY TO DETERMINE REASONABLENESS. THE ORGANIZATION RETAINS THE COMPARABILITY DATA AND THE DOCUMENTED RESULTS OF THE ANALYSIS. THE PROCESS DESCRIBED HERE WAS LAST COMPLETED IN 2025. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION'S FINANCIAL STATEMENTS ARE AVAILABLE FOR PUBLIC INSPECTION THROUGH THE OFFICE OF THE MINNESOTA ATTORNEY GENERAL. THE FOUNDATION'S GOVERNING DOCUMENTS ARE OPEN FOR PUBLIC INSPECTION THROUGH THE OFFICE OF THE MINNESOTA SECRETARY OF STATE. THE FOUNDATION'S CONFLICT OF INTEREST POLICY IS NOT OPEN TO THE PUBLIC. FORM 990, PART XII, LINE 2C: THE PROCESS FOR SELECTION AND OVERSIGHT OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. COUNTRY MANOR CAMPUS LLC 520 1ST STREET NE SARTELL MN 56377 261712197 HEALTH CARE TN 44692965 41998747 THE FOUNDATION FOR HEALTH CARE CONTINUUMS CONTINUUMS MANAGEMENT SERVICES LLC 520 1ST STREET NE SARTELL MN 56377 454562143 MANAGEMENT SERVICES TN 719834 1432921 THE FOUNDATION FOR HEALTH CARE CONTINUUMS CONTINUUMS AT PROVIDENCE LLC 520 1ST STREET NE SARTELL MN 56377 460846982 INACTIVE TN 0 0 THE FOUNDATION FOR HEALTH CARE CONTINUUMS COUNTRY MANOR ST JOSEPH LLC 1200 LANIGAN WAY ST JOSEPH MN 56374 812053568 SENIOR LIVING TN 6171197 19280945 THE FOUNDATION FOR HEALTH CARE CONTINUUMS COUNTRY MANOR CAMPUS BRAINERD LLC 520 1ST STREET NW SARTELL MN 56377 844690320 SENIOR LIVING MN 346384 50205645 THE FOUNDATION FOR HEALTH CARE CONTINUUMS ALZHEIMER'S DISEASE FOUNDATION INC 520 1ST STREET NE SARTELL MN 56377 363336574 PROVIDE ASSISTANCE TO ALZHEIMBER'S DISEASE VICTIMS IN 501(C)(3) LINE 12A, I THE FOUNDATION FOR HEALTH CARE CONTINUUMS 1 0 0 1 1 0 0 0 0 0 0 0 1 0 1 1 0 0 0 0 ALZHEIMER DISEASE FOUNDATION C 165000 CASH