ST JOSEPH RESIDENCE INC

EIN: 391087412 501(c)(3)

NEW LONDON, WI

Total Revenue
$9,106,512
Total Expenses
$8,657,929
Total Assets
$16,253,341
Net Assets
$8,144,393
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1965
Legal Domicile
WI
Principal Officer
KATHY GWIDT
Phone
9209825354
Tax Period
2023-01-01 to 2023-12-31

ST JOSEPH RESIDENCE INC, founded in 1965, is a community nonprofit that reported $9.1M in total revenue in fiscal year 2023. Revenue grew 13% year-over-year, indicating healthy expansion. Expenses of $8.7M left a modest 5% surplus.

Mission

A LIFE PLAN COMMUNITY COMMITTED TO PROVIDING ELDERLY HOUSING AND HEALTH CARE SERVICES INCLUDING INDEPENDENT APARTMENTS, ASSISTED LIVING, SHORT TERM REHABILITATION, LONG TERM CARE, MEMORY CARE ASSISTED LIVING, AND OUTPATIENT THERAPY.

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Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

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Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $100,652
Program Service Revenue $9,117,668
Investment Income $-138,517
Other Revenue $26,709
TOTAL REVENUE $9,106,512

Expense Breakdown

Grants Paid $0
Salaries & Benefits $5,576,491
Fundraising Expenses $0
Program Expenses $8,264,574
Other Expenses $3,081,438
TOTAL EXPENSES $8,657,929

Year-over-Year Comparison

2023 2022 Change
Revenue $9,106,512 $8,025,508 +0.1%
Expenses $8,657,929 $7,943,077 +0.1%
Net Income $448,583 $82,431 +4.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Financial Health Indicators

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

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Governance

Voting Members
8
Independent Members
8
Employees
239
Volunteers
15

Governance Policies

Conflict of Interest Policy
Whistleblower Policy
Document Retention Policy

Special Practices & Reported Activities

Operated a School
Operated a Hospital
Provided First Class Travel
Reported Conflict of Interest
Reported Asset Diversion
Excess Benefit Transaction
Made Political Expenditures
Engaged in Lobbying
Operated Donor Advised Fund
Maintained Art Collections
Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
5
$135,626
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
KATHY GWIDT PRESIDENT 0.50
Officer Director
$0 $0 $0
KEITH STECKBAUER VICE PRESIDENT (THRU JULY) 0.50
Officer Director
$0 $0 $0
JOSEPH MARQUARDT SECRETARY/TREASURER 0.50
Officer Director
$0 $0 $0
ROGER STEINGRABER PAST PRESIDENT 0.50
Officer Director
$0 $0 $0
MIKE BARBIAUX BOARD MEMBER 0.50
Director
$0 $0 $0
WILLIAM SCHMIDT BOARD MEMBER 0.50
Director
$0 $0 $0
JEAN SKEWES BOARD MEMBER 0.50
Director
$0 $0 $0
RITA THIEL BOARD MEMBER 0.50
Director
$0 $0 $0
JANICE YOUNG BOARD MEMBER 0.50
Director
$0 $0 $0
GIDGET BLANK CEO/EXECUTIVE DIRECTOR 32.00
Officer
$117,375 $18,251 $135,626
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 No data No data No data No data
2023 $9,106,512 $8,657,929 $16,253,341 $448,583
2022 $8,025,508 $7,943,077 $16,136,380 $82,431
2021 $6,622,390 $6,991,481 $16,181,165 $-369,091
2020 $7,639,857 $6,607,302 $16,982,915 $1,032,555
2019 $6,068,527 $6,473,784 $16,449,777 $-405,257
2018 $5,292,162 $5,860,432 $16,426,922 $-568,270
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