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EIN 42-1094104

Madrid Home Communities

IRS 501(c) type
501(c)(3)
Num. employees
226
City
Cedar Falls
State
Iowa
Year formed
1978
Most recent tax filings
2020-12-01
NTEE code, primary
P75: Senior Continuing Care Communities
Description
For more than 100 years, the mission of Madird Home Communities has been to follow Christ's example of humble service by offering each older adult served the choices and compassionate support they need in surroundings that feel like home. Madrid Home Communities - a church sponsored, faith-based community - has a legacy of providing Christian compassion and care - a reminder of their commitment to central Iowa and their people. They are intently focused on giving their residents more choices and increasing their satisfaction.
Related structure
Madrid Home Communities is a subordinate organization under Western Home Communities.
Also known as...
Madrid Home for the Aging
Total revenues
$12,458,535
2020
Total expenses
$11,192,017
2020
Total assets
$24,780,099
2020
Num. employees
226
2020

Program areas at Madrid Home Communities

Madrid Home for the Aging provides long-term care services to approximately 300 persons annually in various levels of care including 88 licensed nursing Home beds, 61 independent living apartments and 85 assisted living units. Approximately 250 full and part-time employees are employed annually to provide these services throughout the year. We continue to embrace our commitment of charity by providing assistance to individuals in our assisted living program who do not have the resources to pay for the services provided. This is done through our acts fund, through which we served 9 persons during the year. We continue to look for ways to improve our delivery of services to emphasize the resident centered care that focuses on resident preferences just as they would expect in their own Home.

Who funds Madrid Home Communities

Grants from foundations and other nonprofits
GrantmakerDescriptionAmount
Alma Pedretti Charitable FoundationCharitable Contribution$1,000

Personnel at Madrid Home Communities

NameTitleCompensation
Catherine MeierChief Financial Officer / Treasurer$0
Matt HauChief Financial Officer$108,785
Matt GarciaChief Business Officer$0
Kris HansenChair$0
Pat O'LearyCso$0
...and 9 more key personnel

Financials for Madrid Home Communities

RevenuesFYE 12/2020
Total grants, contributions, etc.$856,561
Program services$11,544,076
Investment income and dividends$57,898
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$0
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$12,458,535

Form 990s for Madrid Home Communities

Fiscal year endingDate received by IRSFormPDF link
2020-122021-11-10990View PDF
2019-122021-04-05990View PDF
2018-122019-10-12990View PDF
2017-122018-06-14990View PDF
2016-122017-10-26990View PDF
...and 7 more Form 990s

Organizations like Madrid Home Communities

OrganizationLocationRevenue
The Christian Village Wabash Christian Village (CHI)St Louis, MO$24,776,735
New CasselOmaha, NE$8,017,583
MaryfieldHigh Point, NC$31,151,069
Milwaukee Catholic HomeMilwaukee, WI$22,168,366
Heron Point of Chestertown (ACTS)Fort Washington, PA$18,371,788
Town And CountrySanta Ana, CA$24,692,137
Lutheran Village at Miller's GrantWestminster, MD$23,190,166
Augustana Chapel View HomesEdina, MN$20,387,168
Risen Son Christian VillageSt Louis, MO$11,917,824
Greenfield ManorLancaster, NY$5,698,902
Data update history
May 6, 2023
Received grants
Identified 1 new grant, including a grant for $15,000 from Alma Pedretti Charitable Foundation
August 16, 2022
Posted financials
Added Form 990 for fiscal year 2020
August 4, 2022
Updated personnel
Identified 1 new personnel
September 24, 2021
Received grants
Identified 1 new grant, including a grant for $15,000 from Alma Pedretti Charitable Foundation
August 23, 2021
Posted financials
Added Form 990 for fiscal year 2019
Nonprofit Types
Nursing homesHuman service organizationsRetirement homesChapter / child organizations
Issues
Human services
Characteristics
ChristianReligiousReceives government fundingEndowed support
General information
Address
5307 Caraway LN
Cedar Falls, IA 50613
Metro area
Waterloo-Cedar Falls, IA
County
Black Hawk County, IA
Website URL
madridhome.com/ 
Phone
(515) 795-3007
Facebook page
MadridHomeCommunities 
IRS details
EIN
42-1094104
Fiscal year end
December
Taxreturn type
Form 990
Year formed
1978
Eligible to receive tax-deductible contributions (Pub 78)
No
Categorization
NTEE code, primary
P75: Senior Continuing Care Communities
NAICS code, primary
62331: Assisted Living and Continuing Care Retirement Communities
Parent/child status
Subordinate organization
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