United Retirement Center

EIN: 460271768 501(c)(3) Human Services

Brookings, SD

Total Revenue
$7,249,126
Total Expenses
$7,981,721
Total Assets
$8,554,122
Net Assets
$8,029,104
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Tuckman-Chang Vulnerability Assessment

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Financial Trends

Organization Details

Formation Year
1956
Legal Domicile
SD
Phone
6056925351
Tax Period
2023-01-01 to 2023-12-31

UNITED RETIREMENT CENTER D/B/A UNITED LIVING COMMUNITY, founded in 1956, is a community nonprofit in the Human Services sector that reported $6.6M in total revenue in fiscal year 2018. Revenue decreased 5% compared to the prior year.

Mission

Our mission is to provide a continuum of care that embraces changing needs of the community.Our facilities can provide any level of care a loved one may need. We offer a wide range of options include independent living, assisted living, skilled care, and temporary care. No matter the medical support your loved one may need, we're here to offer the best in physical, mental, and social care.

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Trantor Score

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

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Financial Overview (2023)

Revenue Breakdown

Contributions & Grants $10,864
Program Service Revenue $7,098,814
Investment Income $106,578
Other Revenue $32,870
TOTAL REVENUE $7,249,126

Expense Breakdown

Grants Paid $0
Salaries & Benefits $4,012,832
Fundraising Expenses $0
Program Expenses $7,139,374
Other Expenses $3,968,889
TOTAL EXPENSES $7,981,721

Year-over-Year Comparison

2023 2022 Change
Revenue $7,249,126 $8,426,759 -0.1%
Expenses $7,981,721 $7,801,815 +0.0%
Net Income $-732,595 $624,944 -2.2%
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
9
Independent Members
9
Employees
190
Volunteers
10

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
$103,852
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Justin Werkmeister CFO 40.00
Officer
$98,907 $4,945 $103,852
Mike Sprenger Director 1.00
Director
$0 $0 $0
Carrie Vugteveen Director 1.00
Director
$0 $0 $0
Lois Tschetter Director 1.00
Director
$0 $0 $0
Steve Kirkey Director 1.00
Director
$0 $0 $0
Mary Malo Director 1.00
Director
$0 $0 $0
Rose Stee Director 1.00
Director
$0 $0 $0
Sandra Diedrich Secretary 0.00
Director
$0 $0 $0
Louise Loban Vice President 1.00
Officer
$0 $0 $0
Joan Hegerfeld Baker President 1.00
Officer
$0 $0 $0
Randy Knutzen DDS Treasurer 1.00
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
2024 No data No data No data No data
2023 $7,249,126 $7,981,721 $8,554,122 $-732,595
2022 $8,426,759 $7,801,815 $9,306,586 $624,944
2021 $6,878,493 $6,986,028 $9,279,217 $-107,535
2020 $12,773,138 $7,617,445 $9,396,325 $5,155,693
2019 $6,875,885 $7,160,453 $8,478,459 $-284,568
2018 $6,559,008 $6,896,136 $8,919,980 $-337,128
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