ANNANDALE, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)ANNANDALE CARE CENTER, founded in 1973, is a mid-sized nonprofit in the Health Care sector that reported $15.7M in total revenue in fiscal year 2023. Revenue surged 45% from the prior year, signaling strong growth momentum. Expenses of $13.8M left a modest 12% surplus.
QUALITY CARE AND SERVICES THAT SHAPE THE FUTURE FOR THE DYNAMIC NEEDS OF THE PEOPLE IN OUR AREA.
THE ORGANIZATION OPERATES A 45 BED SKILLED NURSING FACILITY, A 56 UNIT ASSISTED LIVING BUILDING (A.K.A CENTENNIAL VILLA ASSISTED LIVING), A 42 UNIT ASSISTED LIVING BUILDING (A.K.A PLEASANT VISTA...
THE ORGANIZATION OPERATES A 45 BED SKILLED NURSING FACILITY, A 56 UNIT ASSISTED LIVING BUILDING (A.K.A CENTENNIAL VILLA ASSISTED LIVING), A 42 UNIT ASSISTED LIVING BUILDING (A.K.A PLEASANT VISTA ASSISTED LIVING), A 29 UNIT MEMORY CARE FACILITY , A BISTRO, AND A WELLNESS CENTER. IT NOT ONLY PROVIDES SERVICES TO THE ELDERLY POPULATION IN ANNANDALE BUT ALSO TO THOSE IN OTHER AREA COMMUNITIES WHICH HELPS THE INDIVIDUAL TO REMAIN IN THE SAME GEOGRAPHICAL AREA OF THEIR FORMER RESIDENCE. THE SKILLED NURSING FACILITY HAS AN EXCELLENT THERAPY PROGRAM THAT IS AVAILABLE TO ITS RESIDENTS WHO ARE IN NEED OF REHABILITATION SERVICES. IT ALSO HAS AN OUTPATIENT PROGRAM THAT TREATS THOSE FROM THE ANNANDALE COMMUNITY AND THE SURROUNDING AREA. IT IS BECAUSE OF ITS ONSITE THERAPY PROGRAM THAT IT HAS BECOME THE FIRST CHOICE FOR MOST WHEN THEY REQUIRE REHABILITATION SERVICES FOLLOWING A SURGERY IN ORDER TO RETURN HOME SAFELY. THE ASSISTED LIVING BUILDING SERVES AS A PLEASANT TRANSITION FOR THOSE WHO NEED ADDITIONAL HELP THAT IS NOT READILY AVAILABLE IN THEIR OWN HOME BUT ARE STILL INDEPENDENT ENOUGH THAT THEY DON'T REQUIRE THE SERVICES OF A SKILLED NURSING FACILITY. THE MEMORY LOSS UNIT IS MUCH MORE APPROPRIATE FOR THOSE WHO SUFFER FROM ALZHEIMER'S AND/OR SEVERE DEMENTIA THAN A SKILLED NURSING FACILITY. THE ENVIRONMENT IS CONTROLLED AND SETUP TO MEET EACH RESIDENT'S NEEDS RELATING TO THEIR SPECIFIC ILLNESS. THE WELLNESS CENTER HAS A THERAPY/EXERCISE SWIM POOL, EXERCISE CLASS STUDIO AND AN EXERCISE EQUIPMENT ROOM DEVELOPED TO SERVE THE WELLNESS NEEDS OF THOSE 50 YEARS OF AGE AND OLDER - BOTH WITHIN THE CAMPUS AND THE OUTSIDE COMMUNITY. THE WELLNESS CENTER WAS CLOSED FROM SPRING 2020 THROUGH FEBRURARY 2022. IT WAS RE-OPENED IN MARCH 2022.ANNANDALE CONGREGATE HOUSING MERGED INTO THE ORGANIZATION AS OF JULY 31ST, 2021. WITH THE MERGER, THE ORGANIZATION NOW ALSO OPERATES A 22 UNIT CONGREGATE HOUSING FACILITY THAT SERVES THE HOUSING NEEDS OF THE 55 AND OLDER ADULT POPULATION IN ANNANDALE AND THE SURROUNDING COMMUNITIES. RESIDENTS HAVE ACCESS TO PREPARED MEALS AND 24 HOUR EMERGENCY RESPONSE FROM THE NURSING STAFF IN THE ATTACHED SKILLED NURSING FACILITY. THEY ALSO HAVE PRIORITY IN THE EVENT THAT THEY REQUIRE A NURSING HOME STAY.
Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency
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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)
Sign In — Free (10 views/day)| 2023 | 2022 | Change | |
|---|---|---|---|
| Revenue | $15,727,068 | $10,864,250 | +0.4% |
| Expenses | $13,841,020 | $12,096,773 | +0.1% |
| Net Income | $1,886,048 | $-1,232,523 | -2.5% |
Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics
Financial Distress Indicator
Liquidity & Cash Position
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Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics
Sign In| Name | Title | Hours/Week | Role | Reportable Comp | Other Comp | Total |
|---|---|---|---|---|---|---|
| ROGER MILLNER | CHAIRMAN | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| LINDA DIRCKS | VICE CHAIRMAN | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| ANGIE MANUEL | SECRETARY - TREASURER | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| JAMES GRUNDY | CITY LIASON | 0.50 |
Director
|
$0 | $0 | $0 |
| KATHY GRUYS | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| MARK MILLER | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| SHELDEN BROWN | DIRECTOR | 0.50 |
Director
|
$0 | $0 | $0 |
| ELSA NISKA | CAMPUS ADMINISTRATOR | 43.00 |
Officer
|
$117,497 | $18,402 | $135,899 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2024 | $15,727,068 | $13,841,020 | $19,866,541 | $1,886,048 |
| 2023 | $10,864,250 | $12,096,773 | $17,589,805 | $-1,232,523 |
| 2022 | $7,614,465 | $9,989,761 | $18,635,507 | $-2,375,296 |
| 2021 | $7,842,585 | $7,638,492 | $20,616,189 | $204,093 |
| 2020 | $8,053,070 | $7,805,762 | $12,348,461 | $247,308 |
| 2019 | $7,834,438 | $7,957,115 | $11,344,414 | $-122,677 |
| 2018 | $8,426,054 | $8,126,895 | $11,897,172 | $299,159 |
Compare ANNANDALE CARE CENTER with other nonprofits in Minnesota and across the country.