2022-07-28T11:42:13-05:00 2021-09-30 411765929 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2020-10-01 411453070 Glenwood Retirement Home Foundation Inc GLEN 3206345131 719 2nd Street Glenwood MN 56334 Katelyn Strand Chief Executive Officer 3206345131 2022-07-27 1 Katelyn Strand 999009999 Deb Nelson CPA P01264758 6122536500 2022-07-15 2 AAL1 IAL1 2020 2022-09-23 18:48:47Z Katelyn Strand 719 2nd Street Glenwood MN 56334 38774 0 9386 X www.grvillage.org X 1983 MN To support the programs of the Glenwood Retirement Village. 9 9 0 11 0 0 40001 34483 0 0 1618 1471 2820 2820 44439 38774 0 1000 0 0 0 0 0 0 54 30634 35567 30634 36567 13805 2207 563617 548624 9397 9397 554220 539227 X The Glenwood Retirement Home Foundation, Inc. exists to fulfill the call of our Lord Jesus Christ to serve others with a primary mission to enhance the quality of life of those we serve through innovative health, housing, spiritual, and social services. 0 0 28880 1000 The Glenwood Retirement Home Foundation is the public relations, education, and fund development arm of the Glenwood Village Care Center. All gifts to the Foundation are managed by the Board of Directors and funds dispersed according to the needs and grant requests of the other related entities.Grants made by the Foundation in the past year provided the maintenance of the aviaries at the Care Center and Parkview Court, provided money for resident outings and upkeep of the resident bus. Money was donated for employee appreciation that was used for employee events. Funds from the Foundation were used in the Plaza buy back as loans to the Care Center for the purchase of the units to turn into rental units. Grants also provided a donation to the local Minnewaska Fish & Cruise Program, as residents participate regularly in the boating/fishing excursions. 28880 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 9 9 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 MN X Darby Wacker 3206345761 719 2nd Street SE Glenwood MN 56334 Sharon Isdahl Chair 0.30 0.60 X X 0 0 0 Douglas Bogie Vice Chair 0.30 0.60 X X 0 0 0 Marion Pladson Secretary/Treasurer 0.30 0.60 X X 0 0 0 Warren Thompson Director (thru Feb. '21) 0.30 0.60 X 0 0 0 Tom Talle Director 0.30 0.60 X 0 0 0 Laura Jergenson Director 0.30 0.60 X 0 0 0 Beth Snider Director 0.30 0.60 X 0 0 0 Jerry Larson Director 0.30 0.60 X 0 0 0 Mike Larson Director 0.30 0.60 X 0 0 0 Jodi McGinty Director (as of Mar. '21) 0.30 0.60 X 0 0 0 Earl Hauge Director (thru Feb. '21) 0.30 0.60 X 0 0 0 Mary Krueger Chief Executive Officer 2.00 38.00 X 0 84689 14844 Trista Amble Business Manager (thru July '21) 2.00 38.00 X 0 53095 12574 Darby Wacker Business Manager (as of Aug. '21) 2.00 38.00 X 0 0 0 0 137784 27418 0 0 0 0 0 422 34061 34483 1471 1471 2820 0 2820 2820 2820 38774 0 0 4291 1000 1000 754 754 6661 6607 54 26704 26432 272 1448 1448 36567 28880 7633 54 1482 3045 8978 100701 96169 46728 4532 479526 496188 35881 35881 563617 548624 9397 9397 9397 9397 X 432795 417952 121425 121275 554220 539227 563617 548624 X 2207 -17200 X 0 1 X 0 0 X 72669 143447 41196 40001 34483 331796 72669 143447 41196 40001 34483 331796 2302 329494 4219 5147 6183 4438 4291 24278 356074 17610 0.92540 0.91830 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35881 1127 1127 35881 35881 1449 1449 35881 35881 1065 1065 35881 35881 1396 1396 35881 35881 1341 1341 35881 0.00000 1.00000 0.00000 1 0 28955 28955 0 71746 67214 4532 4532 Beneficial interest in ELCA Foundation 35881 F 35881 Payables To Related Entity 9397 9397 X 38774 0 38774 0 38774 36567 0 36567 0 36567 Part V, Line 4: The organization is the beneficiary of an endowment held by the ELCA. Investment earnings from the fund are used to support the exempt purpose of the organization. Part X, Line 2: Glenwood Retirement Home Foundation 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 combined financial statements. Glenwood Retirement Home Foundation 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. Form 990, Part VI, Section A, line 1 The Board of Directors may designate two or more of their members to constitute an Executive Committee. To the extent determined by the Board, the Executive Committee shall have the authority of the Board in the management of the business of the corporation. The Executive Committee shall act only in the interval between meetings of the Board, and at all times is subject to the control and direction of the Board. Form 990, Part VI, Section A, line 2 All board members, Mary Krueger, Trista Amble and Darby Wacker have a business relationship. Jerry Larson and Marian Pladson have a family relationship. Form 990, Part VI, Section A, line 6 The non-voting members of the Corporation shall consist of Christian congregations electing to participate. Fifty-one percent or more of such congregations shall be affiliated with the Evangelical Lutheran Church in America. Voting members consist of all the pastors of the congregations electing to participate and at least two lay-delegates for each such congregation. Said congregations having 200 or more confirmed members may have one additional voting member for each 100 confirmed members or a major fraction thereof over the first 200. Form 990, Part VI, Section A, line 7a Each of our affiliated churches chooses one member to be on the Board of Directors. Form 990, Part VI, Section A, line 7b The members vote on changes to the Bylaws. Form 990, Part VI, Section B, line 11b The Form 990 is reviewed by the CEO and Business Manager and is then presented to the Board for review prior to filing. Form 990, Part VI, Section B, line 12c All employees and Board Members are covered by the conflict of interest policy. Management will determine if a conflict exists. If a conflict exists, the individual will refrain from participating in the discussion and vote. Each individual is required to complete a conflict of interest form annually. Form 990, Part VI, Section B, line 15 The organization relied on Glenwood Village Care Center, a related organization, to determine compensation for its CEO and Business Manager. Form 990, Part VI, Section C, line 19 The organization makes its governing documents, conflict of interest policy, and financial statements available to the public upon request. Form 990, Part XI, line 9: Transfer to related party. -17,200. Glenwood Village Care Center Inc 719 SE 2nd Street Glenwood MN 56334 410872240 Skilled nursing and assisted living services. MN 501(c)(3) Line 10 N/A 1 Glenwood Plaza Inc 719 SE 2nd Street Glenwood MN 56334 411477434 Independent senior housing. MN 501(c)(3) Line 10 N/A 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 0 Schedule R, Part II, Column (f): Glenwood Plaza, Inc., Glenwood Village Care Center, Inc., and Glenwood Retirement Home Foundation, Inc. have 100% board overlap. Therefore, they are considered controlled and controlling organizations per Section 512(b)(13).