Minnesota Masonic Home Cluster Homes
Nonprofit profile at a glance
- EIN
- 411694835
- IRS 990 coverage
- 2010–2024
- Forms available
- Form 990 2024
- Location
- Bloomington, MN, USA
- Phone
- 9529487000
- Rating
- 74
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Senior Citizens' Housing/Retirement Communities
Reported finances
- Revenue
- $1,615,607
- Expenses
- $1,133,897
- Assets
- $6,823,865
- Liabilities
- $442,683
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
21 people listed
Executive titles in this filing
- JOHN SCHWIETZ (CEO - CHARITIES)
- ERIC J NEETENBEEK (PRESIDENT - CHARITIES)
Highest reported compensation
- JOHN SCHWIETZ (CEO - CHARITIES): $403,013 total reported compensation
- SUE MORK THRU SEPTEMBER 2024 (CFO - CHARITIES): $265,142 total reported compensation
- ERIC J NEETENBEEK (PRESIDENT - CHARITIES): $217,612 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
Minnesota masonic charities and affiliates' primary purposes are to help, aid and assist the masonic family and others, guided by the masonic principles of brotherly love, relief and truth, by (a) providing financial or other assistance to non-profit tax exempt entities that provide facilities for nursing care and elderly housing; facilities and programs for community, health, social services and education of the elderly; (b) promoting research and activities related to the treatment and cure of cancer, childhood language disorders, physical, emotional and mental maladies of the youth; (c) assisting students in obtaining higher education; (d) the collection, preservation and dissemination of historical knowledge about masonry in Minnesota; and (e) to engage in, advance, support, promote, and administer charitable causes and projects that aid, assist, and contribute to the support of corporations, trusts, associations, and foundations that are exempt from federal income taxes.
What it reported doing in 2024
Minnesota masonic home cluster homes owns and operates 56 residential housing units and provides a complete range of specializing living and care services for elderly persons over 55 who do not require admission to a nursing home. The occupancy for 2024 was 99.75%.
Operating model
- Revenue model
- Earned-program. 96% 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
SUPPORTED - A large share of available resources goes toward mission work and most voting board members are independent. Few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence and some filing-based governance responses are negative or unanswered.
Rating breakdown
- Financial Efficiency: 72
- Transparency & Controls: 60
- Accountability: 91
- Sustainability: 76
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 70%; rating input score 70
- Program expense ratio: 99.7%; rating input score 100
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: Limited
- Major donor itemization: Limited
- Related-party transparency: Limited
Accountability
- Independent voting board: 100%; rating input score 100; 63rd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 29.8%; rating input score 84; 84th percentile among comparable filings
- Total-asset coverage ratio: 6.02; rating input score 87; 87th percentile among comparable filings
- Liabilities to assets ratio: 0.06; rating input score 49; 49th percentile among comparable filings
- Officer compensation ratio: 7.6%; rating input score 45; 45th percentile among comparable filings
Growth
- Program expense growth: 2.5% per year; rating input score 100; 29th percentile among comparable filings
- Revenue growth: 2.3% per year; rating input score 100; 27th percentile among comparable filings
- Asset growth: 0.3% per year; rating input score 100; 19th percentile among comparable filings
Details
- Where the money goes: 70% of revenue deployed · 99.7% of spending went to programs
- Governance: 14 of 14 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $1.1M in reported program spending
- Leadership: top reported pay $403K · 21 people listed · 0 of 6 pay-setting controls reported
- Consistency: 23 of 23 current checks pass
- Schedules: 5 filed schedules · includes executive pay
- Filing history: 14 filing years from 2010 to 2024
- Contacts: How to reach this organization
- Related organizations: 10 filed related-organization links
- 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.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- Moderate — Sustainability: Officer compensation ratio scored 45/100.
- Moderate — Sustainability: Liabilities to assets ratio scored 49/100.