ELMWOOD NURSING HOME INC HERITAGE OF ELMWOOD

EIN: 391190907 501(c)(3)

ELMWOOD, WI

Total Revenue
$2,521,845
Total Expenses
$2,767,368
Total Assets
$2,571,819
Net Assets
$1,973,997
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1972
Legal Domicile
WI
Principal Officer
HOLLY MALASZUK
Phone
7158323003
Tax Period
2022-07-01 to 2023-06-30

ELMWOOD NURSING HOME INC HERITAGE OF ELMWOOD, founded in 1972, is a community nonprofit that reported $2.5M in total revenue in fiscal year 2022.

Mission

TO RESPOND TO THE SPIRITUAL, PHYSICAL, AND SOCIAL NEEDS OF PEOPLE IN ORDER TO ENHANCE HUMAN DIGNITY AND GROWTH BY PROVIDING HIGH QUALITY SERVICE.

Program Service Accomplishments

Program 1
Expenses: $2,501,054 Revenue: $2,409,639

THE PRIMARY ACTIVITY OF THE NURSING HOME IS TO PROVIDE SKILLED NURSING CARE FOR THE AGED AND DISABLED OF THE SURROUNDING AREA. THE NURSING HOME SERVES THE ELMWOOD, WISCONSIN AREA COMMUNITY BY...

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THE PRIMARY ACTIVITY OF THE NURSING HOME IS TO PROVIDE SKILLED NURSING CARE FOR THE AGED AND DISABLED OF THE SURROUNDING AREA. THE NURSING HOME SERVES THE ELMWOOD, WISCONSIN AREA COMMUNITY BY OPERATING A 34-BED SKILLED NURSING FACILITY. THE NURSING HOME PROVIDED 6,908 RESIDENT DAYS OF CARE IN FISCAL YEAR 2023. THE NURSING HOME OFFERS LONG-TERM AND SHORT-TERM CARE ALONG WITH REHABILITATIVE SERVICES TO THEIR SENIOR RESIDENTS. SOME OF THE SPECIALIZED CARE SERVICES INCLUDE PHYSICAL THERAPY, SPEECH THERAPY, OCCUPATIONAL THERAPY, IV AND OXYGEN THERAPY, RESTORATIVE CARE, AND TRACHEOTOMY CARE.

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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 (2022)

Revenue Breakdown

Contributions & Grants $108,085
Program Service Revenue $2,409,639
Investment Income $4,121
Other Revenue $0
TOTAL REVENUE $2,521,845

Expense Breakdown

Grants Paid $0
Salaries & Benefits $1,344,300
Fundraising Expenses $0
Program Expenses $2,501,054
Other Expenses $1,423,068
TOTAL EXPENSES $2,767,368

Year-over-Year Comparison

2022 2021 Change
Revenue $2,521,845 $2,590,658 0.0%
Expenses $2,767,368 $2,730,599 +0.0%
Net Income $-245,523 $-139,941 +0.8%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Governance

Voting Members
8
Independent Members
8
Employees
67
Volunteers
8

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
4
$0
Total Directors
9
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
NEIL BOLTIK PRESIDENT 0.50
Officer Director
$0 $0 $0
SEPTEMBER PODOLI SECRETARY/TREASURER 0.50
Officer Director
$0 $0 $0
JOSH BLESKACEK TRUSTEE 0.50
Director
$0 $0 $0
PAT GERAETS TRUSTEE 0.50
Director
$0 $0 $0
MISSY ROATCH TRUSTEE (THRU 04/2023) 0.50
Director
$0 $0 $0
JASON SEVERSON TRUSTEE 0.50
Director
$0 $0 $0
PAUL UNSER TRUSTEE 0.50
Director
$0 $0 $0
LUKE WEIX TRUSTEE 0.50
Director
$0 $0 $0
MARK WOLF TRUSTEE 0.50
Director
$0 $0 $0
AMY DUHR CEO 10.00
Officer
$0 $0 $0
DAVID WEST ADMINISTRATOR 40.00
Officer
$0 $0 $0
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
2023 $205,761 $2,179,758 No data $-1,973,997
2023 $2,521,845 $2,767,368 $2,571,819 $-245,523
2022 $2,590,658 $2,730,599 $2,941,416 $-139,941
2021 $2,523,725 $2,489,467 $3,082,696 $34,258
2020 $2,360,267 $2,376,107 $3,182,679 $-15,840
2019 $2,405,389 $2,263,294 $3,087,037 $142,095
2018 $2,401,573 $2,278,226 $3,148,030 $123,347
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