EIN 41-0873335

Assumption Home

IRS 501(c) type
501(c)(3)
Num. employees
245
Year formed
1963
Most recent tax filings
2022-12-01
Description
Assumption Home operates a 76-bed long-term health care facility in Cold Spring, MN. Its mission is to provide a continuum of quality care in a Christian manner that honors the dignity of the members of the community. The facility is renowned for its Christian environment and offers long term and rehab services. In addition, Assumption Court, a 59-unit apartment complex providing congregate housing and personal care services is also operated by the organization.
Related structure
Assumption Home is child organization, under the parent exemption from United States Conference of Catholic Bishops (USCCB).
Total revenues
$13,119,128
2022
Total expenses
$11,282,596
2022
Total assets
$22,261,219
2022
Num. employees
245
2022

Program areas at Assumption Home

Assumption Home, Inc. operates an 76-bed long-term health care facility in Cold Spring, MN which provides care to residents on a daily basis. Assumption Home is renowned for being a Christian health care facility that strives to provide long term and rehabilitative care for older adults. Assumption Home is a single story structure, conveniently located in the center of Cold Spring and is bordered by numerous picturesque scenes including a garden, park, and the middle school playground. Assumption Home offers the older adult and their families numerous services and aspects of medical care including several rounding onsite primary physicians, numerous consulting physicians including an audiologist and podiatrist, and a local pharmacy to provide medications. Assumption Home is also able to coordinate your loved one's care with other clinics and medical professions as needed.
The Organization operates Asher Haus, a 28-unit memory care assisted living facility.
The Organization also operates Assumption Court, a 59-unit apartment complex providing assisted living services.

Who funds Assumption Home

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
CommunityGivingGen/oper Support$6,750

Personnel at Assumption Home

NameTitleCompensation
Matthew LuftSecond Vice President and Chief Executive Officer$0
Brenda WellerDirector of Finance$84,901
Mary BoydeAdministrator
Chad MiddendorfTreasurer$0
Larry SellSecretary$0
...and 5 more key personnel

Financials for Assumption Home

RevenuesFYE 12/2022
Total grants, contributions, etc.$184,666
Program services$9,789,293
Investment income and dividends$88,904
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$40,155
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$3,016,110
Total revenues$13,119,128

Form 990s for Assumption Home

Fiscal year endingDate received by IRSFormPDF link
2022-122024-04-22990View PDF
2022-122023-09-19990View PDF
2021-122024-04-22990View PDF
2020-122021-10-13990View PDF
2019-122020-12-14990View PDF
...and 10 more Form 990s
Data update history
January 2, 2024
Received grants
Identified 1 new grant, including a grant for $6,750 from CommunityGiving
October 25, 2023
Posted financials
Added Form 990 for fiscal year 2022
October 25, 2023
Updated personnel
Identified 6 new personnel
August 15, 2022
Posted financials
Added Form 990 for fiscal year 2020
August 3, 2022
Updated personnel
Identified 2 new personnel
Nonprofit Types
Nursing homesHealth organizationsChapter / child organizationsCharities
Issues
HealthHuman services
Characteristics
CatholicChristianReligiousState / local levelReceives government fundingProvides scholarshipsTax deductible donations
General information
Address
715 N 1st St
Cold Spring, MN 56320
Metro area
St. Cloud, MN
County
Stearns County, MN
Website URL
benedictineliving.org/cold-spring-mn/ 
Phone
(320) 685-3693
IRS details
EIN
41-0873335
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1963
Eligible to receive tax-deductible contributions (Pub 78)
Yes
Categorization
NTEE code, primary
E91: Nursing, Convalescent Facilities
NAICS code, primary
623110: Inpatient Nursing, Hospice, and Rehabilitative Care Facilities
Parent/child status
Child within group exemption
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