Colfax Health and Rehabilitation Center Inc
Nonprofit profile at a glance
- EIN
- 391039081
- IRS 990 coverage
- 2011–2022
- Forms available
- Form 990 2022
- Location
- Colfax, WI, USA
- Phone
- 7159623186
- Rating
- 82
- Verdict
- STRONG
- Rating confidence
- Moderate
- Sector
- Nursing, Convalescent Facilities
Reported finances
- Revenue
- $3,756,593
- Expenses
- $4,348,494
- Assets
- $8,329,213
- Liabilities
- $11,267,968
Source: IRS Form 990. Selected filing: tax year 2022. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- DEL GUNDERSON (PRESIDENT)
- MARY ELLEN MATHEWS (VICE PRESIDENT)
Highest reported compensation
- KENZIE GALETKA (ADMINISTRATOR): $87,285 total reported compensation
- DEL GUNDERSON (PRESIDENT): $500 total reported compensation
- MARY ELLEN MATHEWS (VICE PRESIDENT): $500 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2022. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Our mission is to embrace our residents, their families, and our staff, in a setting that feels like home. We are committed to providing exceptional, individualized care with compassion, pride, and respect.
What it reported doing in 2022
The company operates a 28-bed community based residential facility (cbrf) and a 12-unit residential care apartment complex (rcac).there were 7,812 resident days in the cbrf and 2,870 resident days in the rcac in 2022.
Operating model
- Revenue model
- Earned-program. 98% of the money available for current operations came from fees and other program revenue.
- Distribution model
- Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.
The verdict
STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.
Rating breakdown
- Financial Efficiency: 85
- Transparency & Controls: 92
- Accountability: 77
- Sustainability: 32
- Growth: 60
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 100%; rating input score 100
- Program expense ratio: 88.7%; rating input score 89
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: Limited
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
- Governance controls: 4 of 9 controls in place; rating input score 44
- Conflict-of-interest policy: Fail
- Whistleblower policy: Fail
- Document-retention policy: Fail
- CEO compensation review process: Pass
- Other executive compensation review process: Pass
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Missing
- Independent financial-statement audit: Fail
Sustainability
- Operating margin: -15.8%; rating input score 10; 10th percentile among comparable filings
- Total-asset coverage ratio: 1.92; rating input score 61; 61st percentile among comparable filings
- Liabilities to assets ratio: 1.35; rating input score 2; 2nd percentile among comparable filings
- Officer compensation ratio: 2.1%; rating input score 75; 75th percentile among comparable filings
Growth
- Program expense growth: -0.3% per year; rating input score 0; 18th percentile among comparable filings
- Revenue growth: 1% per year; rating input score 100; 19th percentile among comparable filings
- Asset growth: 3.3% per year; rating input score 100; 28th percentile among comparable filings
Details
- Where the money goes: 100% of revenue deployed · 88.7% of spending went to programs
- Governance: 5 of 5 board members independent · 4 of 9 filing controls reported
- Programs: 2 filed program accomplishments · $3.9M in reported program spending
- Leadership: top reported pay $87K · 6 people listed
- Highest-paid contractors: 1 contractor listed · $128K reported
- Consistency: 33 of 33 current checks pass
- Schedules: 5 filed schedules · includes major donors
- Filing history: 11 filing years from 2011 to 2022
- Contacts: How to reach this organization
- Money network: 6 filed money-flow records
- Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
- People: Everyone the filings name, and which of them the filings identify by more than a name.
Key Signals
Signals prioritize questions for review. They are not findings of misconduct.
Grant-readiness screening is separate from the live rating, not a measure of program quality. Review the source records before making a grant decision.
- Moderate — Accountability: Governance controls: 4 of 8 not reported.
- High — Sustainability: Operating margin scored 10/100.
- High — Growth: Program expense growth scored 0/100.
- High — Sustainability: Liabilities to assets ratio scored 2/100.
- High — Grant Readiness: Automatic revocation: this organization had its federal tax-exempt status automatically revoked.