2023-08-03T14:56:34-05:00 2022-09-30 411765929 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2021-10-01 411456124 Cokato Charitable Trust C/O Cokato Manor COKA 3202862158 182 Sunset Avenue Cokato MN 55321 Tresha Melquist Administrator 3202862158 2023-08-01 1 Tresha Melquist 999009999 Deb Nelson CPA P01264758 6122536500 2023-08-01 3 AAL1 IAL1 2021 2023-04-26 12:10:37Z Tresha Melquist 182 Sunset Avenue Cokato MN 55321 8893560 0 X www.cokatoseniorcare.com X 1983 MN Provide elderly persons housing and services to meet physical, social, and psychological needs. 8 8 228 20 0 0 1442029 561329 7299522 5819552 43755 59507 0 2453172 8785306 8893560 81058 30473 0 0 5264387 4650291 0 0 0 2912852 3323511 8258297 8004275 527009 889285 9103416 9130389 6113405 5498929 2990011 3631460 X The purpose of Cokato Charitable Trust division is to provide quality health and housing services that enhance the quality of life and maintain a maximum level of functioning for our residents. 0 1 7072704 30473 5819552 Cokato Charitable Trust (CCT) provides quality health and housing services to adults in our community and the surrounding area. CCT offers services through Cokato Manor skilled nursing facility, Brookridge Assisted Living, Cokato Manor Home Health care offering home care, and Edgewood Gables senior apartments. CCT also prepares meals for a congregate dining site and, with support from volunteers in our area, provides home delivered meals to approximately seven people each day. Physical, occupational, and speech services are available in house to our residents and also on an outpatient basis to members of the community. While navigating ongoing Covid restrictions, Cokato Manor served 63 residents over the year in a 56 bed facility. (Continued on Schedule O)Home health care offered services for numerous clients through April 8, 2022 when it was closed due to changing needs on our community. Brookridge Assisted living worked hard to manage their own Covid restrictions for 16 residents while striving to maintain the level of care necessary in an assisted living setting while still allowing independence that is appropriate in that setting. As a senior apartment building, Edgewood Gables adjusted staffing levels to best meet the needs of the 38 residents they served while keeping everyone safe in an independent setting during the ongoing pandemic. 7072704 1 1 0 0 0 0 0 0 1 0 1 0 0 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 9 0 1 228 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 0 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 0 0 MN X Tresha Melquist 3202862158 182 Sunset Avenue NW Cokato MN 55321 Steven Hanson Chair 0.50 X X 0 0 0 Lyle Severson Vice Chair 0.50 X X 0 0 0 Peggy Carlson Secretary/Treasurer 0.50 X X 0 0 0 Allan Anderson Trustee 0.50 X 0 0 0 Peter Bortnem Trustee 0.50 X 0 0 0 Dean Svela Trustee 0.50 X 0 0 0 Jesse Carlson Trustee 0.50 X 0 0 0 Cindy Luhman Trustee 0.50 X 0 0 0 Tresha Melquist Administrator/CEO 40.00 X 90581 0 12341 Jamie Christianson Office Manager 40.00 X 61020 0 7938 James BroichFormer Administrator/Finance Director 40.00 X 120071 0 0 271672 0 20279 1 1 0 0 Fusion Medical Staffing PO Box 30133 Omaha NE 68103 Pool Nursing Services 253856 Pro Rehab 19 Central Ave Buffalo MN 55313 Therapy Services 207139 Health Professional Network PO Box 440242 Nashville TN 37244 Pool Nursing Services 119297 3 554728 6601 561329 Resident Service Revenue 623000 5785660 5785660 33892 33892 5819552 59507 59507 Employee Retention Credit 900099 2453172 2453172 2453172 8893560 5819552 0 2512679 X 30473 30473 212424 212424 54429 54429 3674994 3561776 113218 411697 397827 13870 296747 273214 23533 11362 11362 301437 301437 871597 870172 1425 34139 34139 485595 463159 22436 376326 359239 17087 16280 12767 3513 9214 1501 7713 249255 235952 13303 515092 485228 29864 82892 78086 4806 Medical Surcharge 163983 163983 Maintenance and Repair 115338 85370 29968 Bad Debt Expense 21533 21533 69468 32424 37044 8004275 7072704 931571 0 1469462 387208 524641 3027442 34097 36356 13689989 9775305 4238164 3914684 2837052 1764699 9103416 9130389 696034 697931 5258655 4790646 11379 10352 147337 0 6113405 5498929 X 2990011 3631460 2990011 3631460 9103416 9130389 889285 -247836 0 X 0 1 X 1 0 X 2518 12650 105182 1442029 561329 2123708 7472948 7719224 7700592 7299522 5819552 36011838 7475466 7731874 7805774 8741551 6380881 38135546 0 323855 380533 639662 409124 1330373 3083547 323855 380533 639662 409124 1330373 3083547 35051999 39725 44500 59287 43755 59507 246774 39725 44500 59287 43755 59507 246774 7515191 7776374 7865061 8785306 6440388 38382320 0.91320 0.94400 0.00640 0.00550 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 190625 190625 11539581 8473754 3065827 1528846 1091488 437358 430937 210063 220874 3914684 X 8645724 -247836 -247836 8893560 0 8893560 8004275 0 8004275 0 8004275 Part IV, Line 2b: The Trust acts as custodian for the funds of the residents. Part X, Line 2: The Trust believes that it has appropriate support for any tax positions taken affecting its annual filing requirements, and, as such, does not have any uncertain tax positions that are material to the financial statements. The Trust would recognize future accrued interest and penalties related to unrecognized tax benefits and liabilities in income tax expense if such interest and penalties are incurred. 1 Scholarships 12 30473 Part I, Line 2: The Cokato Charitable Trust Board has approved the Cokato Charitable Trust Education Assistance Program for employees of the organization to further their education for career advancement within Cokato Charitable Trust. Payment is made directly to the college on behalf of the employee. Employees must maintain a GPA of 2.0 or higher. All grade records must be submitted to the Administrator following completion of the quarter or semester. X X 0 0 0 0 0 0 0 0 0 James BroichFormer Administrator/Finance Director 120071 0 0 0 0 0 0 0 0 0 120071 0 0 0 A City of Cokato 416005063 192634CU5 2012-12-27 4052282 Refund bonds issued 4/29/2004 0 0 0 B City of Cokato 416005063 192634CC5 2006-11-01 5077872 Refund bonds issued 7/8/1999 & renovations to nursing facility 0 0 0 A 2227282 4052282 175051 81046 3796185 1 0 1 1 B 1997872 5077872 387828 96244 101557 2100000 2392243 2008 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 0 0 0 0 1 B 0 0 0 1 0 0 0 0 1 A 1 B 1 Date Rebate Computation Performed Issuer Name: City of Cokato Date the Rebate Computation was Performed: 11/10/2016 Form 990, Part III, line 3 The Organization ceased the Cokato Manor Home Health program. Form 990, Part VI, Section A, line 8b There are no committees with the authority to act on behalf of the board. Form 990, Part VI, Section B, line 11b The Administrator reviews the Form 990, addressing any comments or changes. Before the return is filed, a copy is provided to the board. Form 990, Part VI, Section B, line 12c Cokato Charitable Trust (CCT) has a conflict of interest policy to protect the interest of the organization when contemplating entering into a transaction or arrangement that might benefit the private interest of a member of the Board or key staff of CCT or might result in a possible excess benefit transaction. On an annual basis interested persons, any board member or staff member of CCT who has a direct or indirect financial interest, disclose any conflicts. After disclosure of a financial interest and all material facts, and after any discussion with the interested person, he/she shall leave the governing board meeting while the determination of a conflict of interest is discussed and voted upon. Any disclosed conflicts are addressed by the governing board that determines if the transaction or arrangement is in CCT's best interest, for its own benefit, and whether it is fair and reasonable. Form 990, Part VI, Section B, line 15a The Board of Directors used comparative salary information from data compiled by LeadingAge Minnesota in determining compensation. This was completed during this fiscal year. Form 990, Part VI, Section C, line 19 The organization does not make these documents available to the general public. Form 990, Part IX, line 11g Purchased Services: Program service expenses 870,172. Management and general expenses 1,425. Fundraising expenses 0. Total expenses 871,597.