EIN 41-0873335

Assumption Home

IRS 501(c) type
501(c)(3)
Num. employees
275
Year formed
1963
Most recent tax filings
2023-12-01
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
$13,597,323
2023
Total expenses
$12,852,579
2023
Total assets
$23,002,544
2023
Num. employees
275
2023

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 congregate housing and has a Housing with Services license that enables its tenants to purchase additional personal care services.

Who funds Assumption Home

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

Personnel at Assumption Home

NameTitleCompensation
Leroy ScheierlChief Executive Officer and Vice President$0
Matthew LuftSecond Vice President and Chief Executive Officer$0
Kevin RymanowskiSenior Vice President - Finance and Chief Financial Officer
Brenda WellerDirector of Finance$133,454
Mary BoydeAdministrator$212,141
...and 6 more key personnel

Financials for Assumption Home

RevenuesFYE 12/2023
Total grants, contributions, etc.$290,791
Program services$13,085,719
Investment income and dividends$219,585
Tax-exempt bond proceeds$0
Royalty revenue$0
Net rental income$0
Net gain from sale of non-inventory assets$1,228
Net income from fundraising events$0
Net income from gaming activities$0
Net income from sales of inventory$0
Miscellaneous revenues$0
Total revenues$13,597,323

Form 990s for Assumption Home

Fiscal year endingDate received by IRSFormPDF link
2023-122024-11-07990View PDF
2022-122024-04-22990View PDF
2022-122023-09-19990View PDF
2021-122024-04-22990View PDF
2021-122022-09-12990View PDF
...and 12 more Form 990s
Data update history
December 25, 2024
Updated personnel
Identified 2 new personnel
May 23, 2024
Posted financials
Added Form 990 for fiscal year 2021
May 18, 2024
Used new vendors
Identified 1 new vendor, including
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
Nonprofit Types
Nursing homesHealth organizationsChapter / child organizationsCharities
Issues
HealthHuman services
Characteristics
CatholicChristianReligiousState / local levelReceives government fundingProvides scholarshipsTax deductible donationsAccepts online 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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