2018-06-06T10:11:40-05:00 2017-09-30 411765929 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2016-10-01 411453070 Glenwood Retirement Home Foundation Inc GLEN 3206345131 719 S 2nd Street Glenwood MN 56334 Mary Krueger Chief Executive Officer 3206345131 2018-05-30 1 Deb Nelson CPA P00978242 6122536500 2018-05-30 2016 2022-09-23 18:48:47Z Mary Krueger 719 S 2nd Street Glenwood MN 56334 80578 0 9386 X www.grvillage.org X 1983 MN To support the programs of the Glenwood Retirement Village. 11 11 0 15 0 0 66848 72669 0 0 2157 2104 3625 47 72630 74820 1000 1200 0 0 0 0 0 0 0 38167 14356 39167 15556 33463 59264 597227 625719 9689 9397 587538 616322 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 5701 1200 0 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, assisted in the Building Neighborhoods remodel/building project, and published the newsletter, sent three times a year to families and area residents. Grants also provided a donation to the local Let's Go Fishing program. 5701 1 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 1 0 0 0 0 0 0 1 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 1 1 0 0 0 0 X 11 11 1 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 MN X Deb Moorer 3206345761 719 2nd Street SE Glenwood MN 56334 Robert Gandrud thru Feb Chair 0.30 0.60 X X 0 0 0 Dick Benson Vice Chair/Chair 0.30 0.60 X X 0 0 0 Sharon Isdahl Director/Vice Chair 0.30 0.60 X X 0 0 0 Mmarian Pladson Secretary/Treasurer 0.30 0.60 X X 0 0 0 Earl Hauge Director 0.30 0.60 X 0 0 0 Warren Thompson Director 0.30 0.60 X 0 0 0 Wendy Peterson Director 0.30 0.60 X 0 0 0 Tom Talle Director 0.30 0.60 X 0 0 0 June Tweit Director 0.30 0.60 X 0 0 0 Deb Dahlseng Director 0.30 0.60 X 0 0 0 Laura Jergenson Director 0.30 0.60 X 0 0 0 Douglas Bogie Director 0.30 0.60 X 0 0 0 Mary Krueger Chief Executive Officer 2.00 38.00 X 0 91557 3656 Deb Moorer Business Manager 2.00 38.00 X 0 48279 8070 0 139836 11726 0 0 0 0 0 19267 9423 43979 72669 2104 2104 2115 0 2115 2115 2115 3690 19267 5758 -2068 -2068 74820 0 0 2151 X 1200 1200 4618 1588 3030 3450 3450 827 635 192 260 260 3183 3183 All Other Expenses 1918 1918 Special Programs 100 100 15556 5701 9855 0 3113 1576 92034 21034 150855 103191 45187 47664 421012 519564 35881 35881 597227 625719 1000 0 8689 9397 9689 9397 X 461557 496595 90100 83846 35881 35881 587538 616322 597227 625719 X 59264 -30480 X 0 1 X 0 0 X 299144 303667 216947 66848 72669 959275 299144 303667 216947 66848 72669 959275 280794 678481 28683 7147 5346 3802 4219 49197 1008472 49088 0.67280 0.64250 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 35881 1341 1341 35881 38983 1346 4448 35881 34750 5570 1337 38983 33494 1256 34750 29148 4346 33494 1.00000 1 0 40748 40748 38361 36998 1363 71746 66193 5553 47664 Beneficial interest in ELCA Foundation 35881 F 35881 Payables To Related Entity 9397 9397 X 80578 0 80578 -5758 -5758 74820 21314 5758 5758 15556 0 15556 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, Inc. is organized as a Minnesota nonprofit corporation and has been recognized by the Internal Revenue Service (IRS) as exempt from federal income taxes under Internal Revenue Code Section 501(c)(3). Glenwood Retirement Home Foundation, Inc. is annually required to file a Return of Organization Exempt from Income Tax (Form 990) with the IRS. In addition, the organization is subject to income tax on net income that is derived from business activities that are unrelated to their exempt purpose. Glenwood Retirement Home Foundation, 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. Glenwood Retirement Home Foundation, 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: Special event expenses netted with revenue for tax reporting -5,758. Part XII, Line 2d - Other Adjustments: Special event expenses netted with revenue for tax reporting 5,758. Annual Gala 22957 19267 3690 4378 325 1055 22957 19267 3690 4378 325 1055 5758 -2068 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 Deb Dahlseng and Robert Gandrud have a family relationship. All board members, Mary Krueger, and Deb Moorer have a business 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 IX, line 11g Other Fees: Program service expenses 0. Management and general expenses 3,030. Fundraising expenses 0. Total expenses 3,030. Aviary Maintenance Fees: Program service expenses 1,588. Management and general expenses 0. Fundraising expenses 0. Total expenses 1,588. Form 990, Part XI, line 9: Transfer to related party. -30,480. 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 0 1 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).