2025-08-14T09:23:26-05:00 2024-09-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2023-10-01 410872240 Glenwood Village Care Center Inc GLEN 3206345131 719 SE 2nd St Glenwood MN 563341899 Marnie Gugisberg Chief Financial Officer 3206345131 2025-08-13 1 1 Heidi M Sachs CPA P01273512 6122536500 2025-08-13 2023 2025-03-06 01:10:19Z Glenwood Retirement Village Marnie Gugisberg 719 SE 2nd St Glenwood MN 563341899 11311058 0 9386 X www.grvillage.org X 1963 MN Nursing Home and Assisted Living Services 8 8 194 11 0 0 2150384 327971 8670906 10917153 7408 65934 0 0 10828698 11311058 84956 43943 0 0 5562293 7065182 0 0 0 3542386 3685456 9189635 10794581 1639063 516477 9647420 9741208 6311329 5826638 3336091 3914570 The Glenwood Retirement Village 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 8342546 43943 9531634 Nursing HomeGlenwood Village Care Center is a 64-bed skilled nursing facility. Total resident days for the fiscal year were 21,510. An average of 58.80 residents per day were served with a total of 70 admissions in the fiscal year. Glenwood Village Care Center is certified for Medicare and Medical Assistance. Services include nursing, dietary, activities, social services, on-site chaplain and physical, occupational and speech therapy. Both in-patient and out-patient therapy is available. 1212673 0 1385519 Parkview CourtParkview Court is a 32-unit apartment building attached to the Glenwood Village Care Center. It is licensed as an Assisted Living Facility. It is fully staffed 24 hours a day. Private pay and Elderly Waiver funds are accepted. Optional meal plans and service packages are available and customized to meet the needs of the client. Housekeeping services and activities are available daily. Parkview Court is an Equal Housing Opportunity provider. 9555219 1 1 0 0 0 0 0 0 1 0 1 0 0 1 0 1 0 1 0 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 1 32 0 1 194 1 0 0 0 0 0 0 0 0 0 0 0 0 X 8 8 1 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 1 0 MN X Emily Benham 3206345760 719 2nd Street SE Glenwood MN 56334 X Doug Bogie Chair 0.30 0.60 X X 0 0 0 Allen Dahlseng Vice Chair 0.30 0.60 X X 0 0 0 Jodi McGinty to Mar 2024 Director 0.30 0.60 X 0 0 0 Laura Jergenson Director 0.30 0.60 X 0 0 0 Tom Talle Director 0.30 0.60 X 0 0 0 Mike Larson Director 0.30 0.60 X 0 0 0 Sharon Braaten Director 0.30 0.60 X 0 0 0 Sharon Isdahl Director 0.30 0.60 X 0 0 0 Caryl Nelson Director 0.30 0.60 X 0 0 0 Jason Garcia to Jun 2024 Executive Director 18.00 2.00 X 0 0 0 Angie Urman to Aug 2024 Interim Administrator 18.00 2.00 X 0 0 0 Emily Benham From Aug 2024 Executive Director 38.00 2.00 X 0 0 0 Marnie Gugisberg Chief Financial Officer 18.00 2.00 X 0 0 0 0 0 0 0 0 0 0 Vivie 2209 Jefferson St Ste 201 Alexandria MN 56308 Management Services 549544 Advantage Rehab 1236 Bridgeport CT Alexandria MN 56308 Therapy 447588 Mahaddhaddbm 1895 County RD E East White Bear Lake MN 55110 Pool Staff 396656 Grapetree Medical Staffing 2501 Boji Bend Dr Milford IA 51351 Pool Staff 114532 3 75533 241028 11410 327971 Net Resident Service Revenues 623000 9094448 9094448 Assisted Living Rent 623000 1256586 1256586 566119 566119 10917153 65934 65934 11311058 10917153 0 65934 2807 2807 41136 41136 5943265 5181209 762056 49776 43394 6382 694556 605499 89057 377585 329170 48415 4615 4615 55003 55003 933355 873394 59961 22391 14291 8100 236492 204738 31754 83752 83752 336214 336214 7093 7093 24799 24629 170 181576 181576 532327 532327 111356 37860 73496 Medical Supplies 522917 522917 Food 351049 351049 DHS Bed Surcharge 180160 180160 Bad Debt 30179 30179 72178 55577 16601 10794581 9555219 1239362 0 2901860 2807763 782312 991098 93517 115289 15484036 10529301 4885046 4954735 8830 102716 159290 881969 704203 9647420 9741208 1904837 1598158 4379048 4200221 27444 28259 6311329 5826638 X 3336091 3914570 3336091 3914570 9647420 9741208 X 516477 56574 5428 X 0 1 X 0 0 X 150313 1138645 278384 2150384 327971 4045697 6765646 6845168 7170619 8670906 10917153 40369492 6915959 7983813 7449003 10821290 11245124 44415189 0 1447548 682494 381635 516688 1818904 4847269 1447548 682494 381635 516688 1818904 4847269 39567920 7514 9177 6550 7408 65934 96583 7514 9177 6550 7408 65934 96583 6923473 7992990 7455553 10828698 11311058 44511772 0.88890 0.89720 0.00220 0.00090 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 1 7624 10791 16221 2194 1 X 75074 75074 11458425 7514112 3944313 3936670 3015189 921481 13867 13867 4954735 Resident Security Deposits 19454 Related Party Receivable 684749 704203 X 11356841 56574 56574 11300267 10791 10791 11311058 10778362 0 10778362 16219 16219 10794581 Part IV, Line 1b: The assets of the Glenwood Retirement Village Auxiliary are held by the Glenwood Village Care Center. Part IV, Line 2b: The Nursing Home of the organization acts as custodian for certain funds of the residents. These funds are included in cash and cash equivalents and accounts payable in the financial statements. As a condiditon of the rental agreement with Parkview Court, residents are required to make a refundable security deposit equal to one month's rent. These amounts are deposited in an interest bearing account. The security deposits plus interest are included in other assets and liabilities in the combined financial statements. Part X, Line 2: The Glenwood Village Care Center, Inc. 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. The Glenwood Village Care Center, Inc. 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. Part XI, Line 4b - Other Adjustments: Auxiliary revenue combined for tax purposes. 10,791. Part XII, Line 4b - Other Adjustments: Auxiliary expenses combined for tax purposes. 16,219. 1 0 0 Educational Scholarships 36 41136 Part I, Line 2: DHS Scholarship Grants are given to employees who meet the requirements set forth in legislative language. The employee must work an average of 10 hours per week to be eligible. 26 weeks of the most recent work history is used to verify eligibility. Payments are made directly to the educational institution for the amount of tuition and books. The amount is capped each fiscal year as determined by the rate sheet from DHS. Each recipient must turn in tuition invoices that show the classes the student is enrolled in and books to be purchased. Semester grades or licensure is proof of completion. A City of Glenwood Minnesota 416005188 000000000 2013-10-11 6500000 Refinance 7/16/1998 bond and finance an addition and remodeling project. 0 0 0 A 2119884 6320105 3924396 2395709 2014 1 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 0 0 0 0 1 A 1 Schedule K, Part II, Line 3 The bond proceeds were advanced on a cost reimbursement basis. Part I, column (e) represents the total amount authorized for the issue while Part II, line 3 represents the actual amount of bond proceeds used to pay project costs. Form 990, Part VI, Section A, line 1a 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 have a business relationship. Form 990, Part VI, Section A, line 3 Glenwood Village Care Center, Inc. has a management agreement with Vivie, an unrelated organization, that began in October 2022. Glenwood Village Care Center, Inc. pays 4.25% of revenues to Vivie to cover all management functions and oversight of the facility. Individuals listed in Form 990, Part VII that are paid under this agreement include Jason Garcia, Angie Urman, and Emily Benham as top management officials and Marnie Gugisberg as top financial official. They were compensated $70,297, $59,184, $38,094, and $25,872 for these services respectively in fiscal year 2024. 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 CFO and is then provided to the Board 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 Glenwood Village Care Center has a management agreement with Vivie, an unrelated organization. Glenwood pays 4.25% of revenues to Vivie to cover all management functions including compensating management and financial officials. 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: Auxiliary Net Income Combined for Tax Purposes 5,428. Glenwood Retirement Home Foundation Inc 719 2nd Street SE Glenwood MN 56334 411453070 Fundraising and Support of Related Organizations MN 501(c)(3) Line 7 N/A 1 Glenwood Plaza Inc 719 2nd Street SE Glenwood MN 56334 411477434 Independent Senior Housing MN 501(c)(3) Line 10 N/A 1 0 1 1 0 0 0 0 0 0 1 1 0 0 0 1 0 1 0 1 Schedule R, Part II, Column (f): Glenwood Retirement Village, Glenwood Retirement Home Foundation, Inc., and Glenwood Plaza, Inc. have 100% board overlap. Therefore, these organizations are both controlled and controlling per Section 512(b)(13).