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ALTRU HEALTH RESOURCES

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Public IRS 990 nonprofit record

ALTRU HEALTH RESOURCES

EIN 45-0368332 · Senior Citizens' Housing/Retirement Communities

What they do

ALTRU HEALTH RESOURCES, PREVIOUSLY OPERATING AS PARKWOOD PLACE, OPERATED A SENIOR CONGREGATE HOUSING FACILITY. ON DECEMBER 1, 2015, THE PARKWOOD SENIOR LIVING OPERATIONS and FACILITIES WERE SOLD. ALTRU HEALTH RESOURCES MAINTAINS OWNERSHIP of THE LAND OCCUPIED BY THE PARKWOOD SENIOR LIVING BUILDING and ENTERED INTO A 10-YEAR LEASE of THE LAND. ON DECEMBER 31, 2017, ALTRU HEALTH RESOURCES TERMINATED BY MERGING INTO ALTRU HEALTH SYSTEM. SEE ATTACHED "ARTICLES of MERGER MERGING ALTRU HEALTH RESOURCES WITH and INTO ALTRU HEALTH SYSTEM."

Before you give

Should I give to this charity?

Easy charity check
Look at where the money went

Of every $100 spent, about $87.10 was reported for mission work. Use the spending picture below and ask what results that work produced.

Plain answer: A tax form cannot prove that a charity is doing good. It can show how the charity says it spent its money—and point out questions you should ask.

Basic facts we verified

IRS warning checkNo IRS revocation warning appears in this data.

Money report from 2017The report may be old. Ask for a newer one.

They explain their jobThe charity tells us what it is trying to do.

They name their leaders7 people are listed in the latest report.

You can reach themThey list contact information, so you can ask questions.

Money made simple

30.91%of revenue went to mission work87.1% of expenses · Program services
$35.49spent for every $100 of revenueRevenue covered expenses this year.
4.58%of revenue went to management and office costs12.9% of expenses

Ask these three easy questions

  1. Who did you help? Ask for a recent story or report that shows real results.
  2. What will my money do? Ask exactly what your gift will pay for.
  3. Is this really the charity? Give only through its official website or confirmed phone number.

Pay context: The highest compensation shown in this filing is $147,568 for DWIGHT THOMPSON (TREASURER/CFO). Compare pay with organizations of similar size and complexity.

Bottom line: Do not decide from a name, mission statement, or tax status alone. Look at where the money went, then ask what changed, who was helped, and what your gift will do. YouCanGiveBack does not endorse or grade organizations.

Money

Financial picture

Tax year 2017

A plain-language look at the latest Form 990 figures available. These numbers help you ask better questions; they do not, by themselves, rate whether a charity is good or bad.

How each $100 of revenue was used

The large number compares each expense with revenue. The smaller number shows its share of total expenses.

Total reported revenue$300,225
Mission workProgram services$92,79930.91% of revenue87.1% of expenses
ManagementOffice and general costs$13,7654.58% of revenue12.9% of expenses
FundraisingAsking for donations0.00% of revenue0.0% of expenses
Revenue left after expensesReported annual surplus$193,66164.51% of revenueShown in gray on the chart
Total expenses$106,56435.49% of revenue

Gray means reported revenue left after expenses for this filing year. It does not necessarily mean cash sitting in a bank account.

Has the pattern changed?

Colored bars = expense mix: how each year’s expenses were divided. Total expenses vs. revenue shows whether the charity spent less or more than it received. The current filing is first.

YearExpense mixDetails
2017CurrentExpense mix: 87.1% mission · 12.9% management · 0.0% fundraisingTotal expenses: 35.49% of revenue
2016Expense mix: 92.8% mission · 7.2% management · 0.0% fundraisingTotal expenses: 35.45% of revenue

Money in and money out

Revenue$300,225
Expenses$106,564
Annual surplus $193,661 Revenue was higher than expenses for this filing year.

Reported spending amounts

Mission work means the Form 990 category called program services. These are reported accounting categories—not an independent measurement of results.

Mission work (program services)$92,799 · 87.1% of expenses
Management and office costs$13,765 · 12.9% of expenses
See all reported dollar amounts
Revenue$300,225
Expenses$106,564
Income$246,778
Mission work (program services)$92,799
Management and general$13,765
Stocks and bonds$5,361,474
Accounting fees$4,500
People

Leadership and board

Tax year 2017

Names, titles, time, and compensation below are reported by the organization on its Form 990.

People reported as paid

Person and titleCompensation
DWIGHT THOMPSONTREASURER/CFO · 2 hrs/week $147,568Base · Other $147,568
DAVID MOLMENDIRECTOR · 1 hrs/week $43,799Base · Other $43,799
DENNIS REISNOURCEO, ALTRU HEALTH RESOURCES · 1 hrs/week $42,221Base · Other $42,221

Compensation alone does not tell whether pay is reasonable. Consider the charity’s size, work, location, and results.

See everyone listed on the board or leadership roster (7)

DWIGHT THOMPSONTREASURER/CFO

DAVID MOLMENDIRECTOR

DENNIS REISNOURCEO, ALTRU HEALTH RESOURCES

DAN MIKKELSONDIRECTOR

DONNA SMITHSECRETARY

KIM WOODSCHAIR

MARK RIOSDIRECTOR

About this charity

Location
PO BOX 6002, GRAND FORKS, ND 58206
County
Grand Forks
In care of
DWIGHT THOMPSON
Primary officer
DWIGHT THOMPSON, CFO

How to reach them

Filing and classification

Latest tax year
2017
Tax period began
January 1, 2017
Return type
990
Tax preparer
BRADY MARTZ AND ASSOCIATES PC
IRS tax category
Senior Citizens' Housing/Retirement Communities

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About this report: Information comes from public nonprofit records and may show the latest filing available.

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