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Eventide

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 410721640 ✦ Moorhead, MN ✦ Designated as a 501(c)(3)

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Overview

What is Eventide?

Eventide, based in Moorhead, Minnesota, is a nonprofit organization dedicated to sponsoring, encouraging, and promoting the delivery of health care. They operate a 145-bed nursing facility, with an occupancy rate of 86.45%. Their mission is to advance compassionate care and service excellence, empowering older adults, families, and communities to thrive. Eventide's workforce consists of 1505 employees, striving to make a positive impact on the lives of those they serve.


Official website here: www.eventide.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 82% (Three-Star out of Four Star rating)

Eventide has received a solid Three-Star rating from Charity Navigator, indicating a relatively strong performance in accountability and finance. The organization showcases a fully independent board and has scored highly in criteria such as financial statements oversight and conflict of interest policies. These factors contribute to a transparent operational structure, which is essential for donor trust.

One of the key strengths of Eventide is its high program expense ratio of 84.23%, which suggests that a significant portion of funds is directed toward its mission-related activities. Additionally, there is no reported material diversion of assets, further enhancing the charity's credibility. The thorough documentation practices, including meeting minutes and policies for whistleblowing and document retention, underscore a commitment to good governance.

However, the organization has a low score in the liabilities to assets ratio at 68.84%, which may indicate potential financial risk. This aspect may warrant closer scrutiny, as high liabilities could impact the charity's long-term viability. Overall, while Eventide demonstrates strong governance and financial practices, stakeholders should remain aware of this limitation.


This AI summary has been generated from information found on Charity Navigator.

Is Eventide legitimate?

Eventide is a legitimate nonprofit organization registered as a 501(c)(3) entity. Eventide submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.


Heare are some key statistics you may want to consider:

Executive Compensation: $917,039
Professional Fundraising Fees: $0
Other Salaries and Wages: $32,793,546

For more financial information, click here


Official website here: www.eventide.org

What is the mission statement of Eventide?

Eventide is committed to sponsoring, encouraging, and promoting the delivery of compassionate health care. Their mission is to advance excellence in elder care, empowering older adults, families, and communities to thrive. Through their efforts, they strive to deliver services that prioritize the needs of older adults, fostering an environment that supports their overall well-being. By focusing on care and service excellence, Eventide aims to make a positive impact on the lives of those they serve.


Official website here: www.eventide.org

Who is the CEO of Eventide?

Jon Riewer is the President/Ceo of Eventide. The CEO's salary of Eventide is $483,910 and their total compensation is $510,150.


Official website here: www.eventide.org

What is the revenue of Eventide?

Eventide's revenue in 2022 was $65,835,602.


Official website here: www.eventide.org

Who are the executives of Eventide and what are their salaries?

The average compensation at Eventide during 2022 was $22,399. There are 1505 employees and 17 volunteers at Eventide.


Here are 21 key members and their salaries (Eventide's CEO's salary is $483,910 and their total compensation is $510,150):


Peter Seljevold (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Bye (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marjorie Matthees (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Anne Blackhurst (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leann Wright (Past Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Karla Swenson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jodee Bock Start Dec (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joseph Halvorson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luke Hvidston (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Cindy Larson-Casselton (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Lee (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patrick Gulbranson Start Dec (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tyler Fischbach Start Dec (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
K Thor Thompson Until July (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jon Riewer (President/Ceo)
  • Compensation: $483,910
  • Related: $0
  • Other: $26,240
Darin Ohe (Cfo)
  • Compensation: $227,503
  • Related: $0
  • Other: $25,208
Melissa Heesch (Vp Of Operation)
  • Compensation: $237,583
  • Related: $0
  • Other: $22,134
Stacey Honeyman (Controller)
  • Compensation: $170,515
  • Related: $0
  • Other: $5,232
Katja Olson (President Of Clinical Serv)
  • Compensation: $130,780
  • Related: $0
  • Other: $9,875
Douglas Panchot (Adminstrator - Jamestown)
  • Compensation: $143,035
  • Related: $0
  • Other: $21,916
Greg Stomp (Adminstrator - Heartland)
  • Compensation: $113,822
  • Related: $0
  • Other: $12,033


Official website here: www.eventide.org

Where can I find the form 990 for Eventide?

Eventide's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.eventide.org

Learn more at the official website: www.eventide.org

Mission Statement of Eventide

Eventide, a mission-driven organization, strives to foster and enhance the delivery of compassionate healthcare services for older adults. With a commitment to service excellence, this nonprofit empowers families and communities, enabling them to thrive. Through their initiatives, they advocate for and support the advancement of healthcare for the elderly population.

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Impact




October, 2024

Eventide significantly impacts the community by providing compassionate health care services designed to empower older adults, their families, and the wider community. With a 145-bed nursing facility in Moorhead, MN, Eventide ensures that 86.45% of its beds are occupied, reflecting a strong demand for quality care. This commitment to service excellence helps meet the needs of older adults, promoting their well-being and ensuring they receive the care they deserve. By advancing health care delivery and fostering a supportive environment, Eventide enhances the quality of life for residents and encourages thriving communities.




This information is meant to be a general summary of Eventide. Please take the time to review official sources before making any decisions based upon the content provided here.


Financials

This financial information is from Propublica.

Revenue
$65,835,602 (2022)
Expenses
$63,814,711 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $558,680
  • Program Service Revenue: $63,134,390
  • Gross Receipts: $65,848,359

Assets and Liabilities:

  • Total Assets: $123,722,101
  • Total Liabilities: $84,539,855
  • Net Assets: $39,182,246

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

Resident Services

Revenue

$61,553,394

Management Fees

Revenue

$1,182,331

Supporting Income

Revenue

$278,663

Catering

Revenue

$120,002

Organization Details

Founding Year

1951

Principal Officer

Jon Riewer

Main Address

801 Main Avenue 201, Moorhead, MN, 56560

NTEE Category

Code: L220 - Housing

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