Osakis, MN
4 risk indicators measuring financial stability and operational resilience
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Sign In — Free (10 views/day)Community Memorial Home at Osakis Minnesota Incorporated, founded in 1961, is a community nonprofit in the Health Care sector that reported $9.7M in total revenue in fiscal year 2024. Revenue surged 38% from the prior year, signaling strong growth momentum. The organization ran a surplus of $2.3M, a strong 24% operating margin.
The organization's mission is to provide those in need of our services with the best quality of care that we are capable of within a caring, comfortable and supportive environment; to afford each resident and tenant the opportunity to achieve the highest possible quality of life; and to offer all who pass through our doors increasing opportunity for wellness, choice, privacy, dignity, and service access and affordability.
Community Memorial Home at Osakis, Minnesota, Incorporated, d/b/a Galeon (Galeon) owns and operates a 40-bed licensed nursing facility and a wellness and therapy center, as well as a 19-unit...
Community Memorial Home at Osakis, Minnesota, Incorporated, d/b/a Galeon (Galeon) owns and operates a 40-bed licensed nursing facility and a wellness and therapy center, as well as a 19-unit independent living facility (Terrace Heights), a 25-unit assisted living facility (West View) and a 20-unit memory care assisted living facility (BridgeWell). (continued on Schedule O)In addition, Community Memorial Home manages the operation of Osakis Community Manor Apartments that dedicates 24 units of housing to independent seniors, most of whom qualify for rental assistance. Throughout these various locations, which are either connected to or in close proximity to Community Memorial Home, programs have been developed to assist older adults with physical care, rehabilitation, nutrition, strength restoration, mobility, and medication management. Additional services supporting these core programs are in place to foster each resident's social, emotional, mental, spiritual, and vocational growth and development.
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)| 2024 | 2023 | Change | |
|---|---|---|---|
| Revenue | $9,666,204 | $7,028,023 | +0.4% |
| Expenses | $7,331,549 | $6,653,211 | +0.1% |
| Net Income | $2,334,655 | $374,812 | +5.2% |
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 |
|---|---|---|---|---|---|---|
| Shari Maloney | Board Member/President as of 4/25 | 5.00 |
Officer
Director
|
$0 | $0 | $0 |
| Georgia Thesing | Vice President | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| Saundra Benson | Treasurer | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| Bernice Kostrzewskie | Secretary | 4.00 |
Officer
Director
|
$0 | $0 | $0 |
| Neil Johnson | President (Until 4/25) | 8.00 |
Officer
Director
|
$0 | $0 | $0 |
| John Temple | Board Member | 4.00 |
Director
|
$0 | $0 | $0 |
| Jan Moore | Board Member | 4.00 |
Director
|
$0 | $0 | $0 |
| Robin Curtis | Board Member | 4.00 |
Director
|
$0 | $0 | $0 |
| Juanita Klukken | Board Member | 4.00 |
Director
|
$0 | $0 | $0 |
| Angie Reinke | Administrator/CEO | 40.00 |
Officer
|
$103,329 | $21,398 | $124,727 |
| Year | Revenue | Expenses | Assets | Net Income |
|---|---|---|---|---|
| 2025 | $9,666,204 | $7,331,549 | $9,936,285 | $2,334,655 |
| 2024 | $7,028,023 | $6,653,211 | $7,895,755 | $374,812 |
| 2023 | $6,804,052 | $6,565,804 | $7,645,544 | $238,248 |
| 2022 | $6,896,587 | $6,453,613 | $7,476,835 | $442,974 |
| 2021 | $6,668,906 | $6,173,750 | $8,124,371 | $495,156 |
| 2020 | $6,199,822 | $6,180,909 | $8,363,105 | $18,913 |
| 2019 | $6,115,674 | $5,884,945 | $7,692,327 | $230,729 |
| 2018 | $5,733,787 | $5,620,444 | $7,902,938 | $113,343 |
Compare Community Memorial Home at Osakis Minnesota Incorporated with other nonprofits in Minnesota and across the country.