St Annes Guest Home

EIN: 450233776 501(c)(3)

Grand Forks, ND

Total Revenue
$2,074,054
Total Expenses
$1,999,199
Total Assets
$1,285,359
Net Assets
$642,209
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1952
Legal Domicile
ND
Principal Officer
Gary Simeone
Phone
7017469401
Tax Period
2024-07-01 to 2025-06-30

St Annes Guest Home, founded in 1952, is a community nonprofit that reported $2.1M in total revenue in fiscal year 2024. Revenue decreased 15% compared to the prior year. Expenses of $2.0M left a modest 4% surplus.

Mission

St. Anne's Guest Home, a Catholic Health Care Facility, embraces residents of all faiths, genders, and races in creating an environment of living the gospel message through providing services, regardless of financial status, to maintain the physical, mental and spiritual well being of each individual so long as they are able to live within this facility.

Program Service Accomplishments

Program 1
Expenses: $1,520,594 Revenue: $1,857,752

St. Anne's Guest Home, a ND Basic Care Facility, is licensed by the ND State Department of Health and Human Services for 47 beds to provide 24 hour care/supervision for vulnerable adults. This...

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St. Anne's Guest Home, a ND Basic Care Facility, is licensed by the ND State Department of Health and Human Services for 47 beds to provide 24 hour care/supervision for vulnerable adults. This includes elderly individuals, individuals with mental health disabilities, and individuals with physical disabilities. Residents are admitted without regard to financial status. Census information indicates that 95% of the residents receive Medicaid Assistance. St. Anne's Guest Home provides Nursing, Personal Care, Dietary, Housekeeping, Laundry, and Activities to all residents on a daily basis.

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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 (2024)

Revenue Breakdown

Contributions & Grants $215,840
Program Service Revenue $1,857,752
Investment Income $462
Other Revenue $0
TOTAL REVENUE $2,074,054

Expense Breakdown

Grants Paid $896
Salaries & Benefits $1,386,064
Fundraising Expenses $0
Program Expenses $1,520,594
Other Expenses $612,239
TOTAL EXPENSES $1,999,199

Year-over-Year Comparison

2024 2023 Change
Revenue $2,074,054 $2,443,064 -0.2%
Expenses $1,999,199 $1,927,552 +0.0%
Net Income $74,855 $515,512 -0.9%
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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Governance

Voting Members
5
Independent Members
5
Employees
43
Volunteers
30

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
$137,431
Total Directors
5
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
May Fuka Administrator (until Sept) 50.00
Officer
$69,025 $11,105 $80,130
Gary Simeone Accountant until Oct)/Administrator (as of Nov) 60.00
Officer
$45,186 $12,115 $57,301
Sister Jean Louise Schafer President 10.00
Officer Director
$0 $0 $0
Sister Mary Ruth Huhn Secretary 10.00
Officer Director
$0 $0 $0
Sister Sara Marie Belisle Treasurer 10.00
Officer Director
$0 $0 $0
Anthony Aymond Director 2.00
Director
$0 $0 $0
Kathy Klemisch Director 2.00
Director
$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
2025 $2,074,054 $1,999,199 $1,285,359 $74,855
2024 $2,443,064 $1,927,552 $1,211,611 $515,512
2023 $1,540,803 $1,835,148 $578,001 $-294,345
2022 $1,510,104 $1,735,232 $750,670 $-225,128
2021 $1,636,070 $1,787,888 $1,059,701 $-151,818
2020 $1,642,093 $1,772,262 $1,070,146 $-130,169
2019 $1,611,072 $1,731,511 $973,871 $-120,439
2018 $1,556,801 $1,755,430 $1,073,495 $-198,629
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