St Joseph Residence Inc

Nonprofit profile at a glance

EIN
391087412
IRS 990 coverage
2010–2024
Forms available
Form 990 2024
Location
New London, WI, USA
Phone
9209825354
Rating
87
Verdict
STRONG
Rating confidence
Moderate

Official website

Reported finances

Revenue
$9,776,468
Expenses
$9,139,839
Assets
$16,693,888
Liabilities
$7,920,028

Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

10 people listed

Executive titles in this filing

  • KATHY GWIDT (PRESIDENT)
  • ROGER STEINGRABER (PAST PRESIDENT)
  • GIDGET BLANK (CEO/EXECUTIVE DIRECTOR)

Highest reported compensation

  • GIDGET BLANK (CEO/EXECUTIVE DIRECTOR): $130,528 total reported compensation
  • ISABELLA BROGAARD (ASSISTANT DIRECTOR OF NURSING - R.N.): $106,780 total reported compensation

Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

St. Joseph residence, a skilled nursing home, and marian heights apartments, a residential apartment facility, and trinity terrace & monarch meadows, a community-based residential facility sponsored by catholic health international. We area a christian community of caring people dedicated to the healing mission of the church, serving the elderly and sick of the new london area.

What it reported doing in 2024

Skilled nursing facility provided 15,047 days of care in 2024. Our community focuses on providing quality health care services in a rural community. This is evident by the cms five star rating, excellent quality measures as reported by cms, an annual positive nursing home survey, and the excellent staff to patient ratios we maintain on a daily basis. Our organization is committed to serving those in financial need in our community. Our skilled nursing facility serves approximately a 61% medicaid government funded population. The community has a complex medical care & rehab unit with 10 beds dedicated to serving short term rehabilitation needs in our community.

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. Expenses are high relative to revenue and some filing-based governance responses are negative or unanswered.

Rating breakdown

  • Financial Efficiency: 81
  • Transparency & Controls: 92
  • Accountability: 95
  • Sustainability: 54
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 88.1%; rating input score 88
  • Program expense ratio: 95.3%; rating input score 95
  • 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; 63rd percentile among comparable filings
  • Governance controls: 7 of 8 controls in place; rating input score 88
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Fail
    • Document-retention policy: Pass
    • CEO compensation review process: Pass
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Pass
    • Audit committee oversight: Pass
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: 6.5%; rating input score 55; 55th percentile among comparable filings
  • Total-asset coverage ratio: 1.83; rating input score 59; 59th percentile among comparable filings
  • Liabilities to assets ratio: 0.47; rating input score 22; 22nd percentile among comparable filings
  • Officer compensation ratio: 2.6%; rating input score 72; 72nd percentile among comparable filings

Growth

  • Program expense growth: 2.9% per year; rating input score 100; 27th percentile among comparable filings
  • Revenue growth: 0.2% per year; rating input score 100; 12th percentile among comparable filings
  • Asset growth: 7.1% per year; rating input score 100; 45th percentile among comparable filings

Details

  • Where the money goes: 88.1% of revenue deployed · 95.3% of spending went to programs
  • Governance: 8 of 8 board members independent · 7 of 8 filing controls reported
  • Programs: 4 filed program accomplishments · $8.7M in reported program spending
  • Leadership: top reported pay $131K · 10 people listed
  • Highest-paid contractors: 2 contractors listed · $467K reported
  • Consistency: 34 of 34 current checks pass
  • Schedules: 6 filed schedules · includes major donors
  • Filing history: 14 filing years from 2010 to 2024
  • Contacts: How to reach this organization
  • Money network: 2 filed money-flow records
  • Related organizations: 2 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.

  • Review — Sustainability: Operating margin scored 55/100.
  • Review — Accountability: Governance controls: Whistleblower policy not reported.
  • Review — Sustainability: Total-asset coverage ratio scored 59/100.
  • High — Sustainability: Liabilities to assets ratio scored 22/100.