Civic Intelligence

Alzheimer'S Disease Foundation Inc

EIN 36-3336574 • 501(c)3 • Sartell, MN

Profile

The organization's mission is to provide assistance to the victims of alzheimer's disease and related cognitive impairments, and their families and to raise funds for research and assistance.

Refreshing map…

520 1st St NESartell, MN 56377

n/A

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

20th percentile

0.00x

Higher debt load relative to assets than 20% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

27th percentile

0.01x

Higher debt load relative to revenue than 27% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

37th percentile

-0.4%

Higher net margin than 37% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

93rd percentile

$254,871

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 405.3% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

76th percentile

17%

Faster asset growth than 76% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

25th percentile

-7.8%

Faster revenue growth than 25% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Assets

Up

$1,255,966

Up $226,228 (+22%) from 2022

Liabilities

Up

$404

Up $3 (+0.7%) from 2022

Net Assets

Up

$1,255,562

Up $226,225 (+22%) from 2022

Revenue

Up

$62,882

Up $12,611 (+25%) from 2022

Expenses

Up

$63,154

Up $14,098 (+29%) from 2022

Net Income

Down

-$272

Down $1,487 (-122%) from 2022

Trend Graphs

Balance Sheet Trend

Grouped bars show assets, liabilities, and net assets across loaded filings.

$1.5M$1.0M$500K$0Assets 2010: $1,273,415Liabilities 2010: $0Net Assets 2010: $1,273,4152010Assets 2011: $1,228,977Liabilities 2011: $32,800Net Assets 2011: $1,196,1772011Assets 2014: $1,255,165Liabilities 2014: $300Net Assets 2014: $1,254,8652014Assets 2015: $1,198,316Liabilities 2015: $300Net Assets 2015: $1,198,0162015Assets 2018: $1,143,759Liabilities 2018: $0Net Assets 2018: $1,143,7592018Assets 2019: $1,097,040Liabilities 2019: $267Net Assets 2019: $1,096,7732019Assets 2020: $1,158,304Liabilities 2020: $2,713Net Assets 2020: $1,155,5912020Assets 2022: $1,029,738Liabilities 2022: $401Net Assets 2022: $1,029,3372022Assets 2024: $1,255,966Liabilities 2024: $404Net Assets 2024: $1,255,5622024

Highlighted filing

2024

Assets$1,255,966
Liabilities$404
Net Assets$1,255,562

Operations Trend

Revenue, expenses, and net income by year, with the latest filing highlighted.

$100K$50K$0-$50KExpenses 2010: $42,0152010Expenses 2011: $75,3012011Revenue 2014: $58,924Expenses 2014: $4,865Net Income 2014: $54,0592014Revenue 2015: $92,950Expenses 2015: $2,372Net Income 2015: $90,5782015Revenue 2018: $55,515Expenses 2018: $56,207Net Income 2018: -$6922018Revenue 2019: $57,948Expenses 2019: $56,539Net Income 2019: $1,4092019Revenue 2020: $55,672Expenses 2020: $52,615Net Income 2020: $3,0572020Revenue 2022: $50,271Expenses 2022: $49,056Net Income 2022: $1,2152022Revenue 2024: $62,882Expenses 2024: $63,154Net Income 2024: -$2722024

Highlighted filing

2024

Revenue$62,882
Expenses$63,154
Net Income-$272

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Oct 1, 2023 to Sep 30, 2024
Signed
Aug 11, 2025
Return Version
2023v6.0
Gross Receipts
$62,882
Mission and Program Overview

Mission

The organization's mission is to provide assistance to the victims of alzheimer's disease and related congnitive impairments, and their families and to raise funds for research and assistance.

Provide assistance to the victims of alzheimer's disease and to raise funds for research.

Balance Sheet Detail
LineBeginningEndChange
Assets
Cash and Non-Interest-Bearing Accounts$7,788$7,516▼ $272
Total Assets$1,075,269$1,255,966▲ $180,697
Other Assets Total$1,067,481$1,248,450▲ $180,969
Liabilities
Accounts Payable and Accrued Expenses$404$404→ $0
Total Liabilities$404$404→ $0
Net Assets / Fund Balance
Net Assets With Donor Restrictions$1,067,481$1,248,450▲ $180,969
Net Assets Without Donor Restrictions$7,384$7,112▼ $272
Total Net Assets Fund Balance$1,074,865$1,255,562▲ $180,697
Total Liabilities and Net Assets / Fund Balance$1,075,269$1,255,966▲ $180,697

Asset Categories

AssetBook ValueDepreciationBasis
Other Assets Org$1,248,450--

Endowment Activity

PeriodBeginningContrib.Gain/LossOther UsesEnd
2023$1,067,481-▲ $180,969-$1,248,450
2022$1,021,072-▲ $46,409-$1,067,481
2021$1,285,198-▼ $264,126-$1,021,072
2020$1,149,447-▲ $135,751-$1,285,198
2019$1,093,686-▲ $55,761-$1,149,447
Compensation and Service Providers

Employees

NameTitleOtherTotal
Michael RosenChairman$17,500$17,500
Felix FraraccioDirector$15,000$15,000
Fred BrownSecretary$15,000$15,000
Paul SandersDirector$15,000$15,000
Sherry WheatonDirector$15,000$15,000

Board Members and Trustees

Revenue and Support

Revenue Composition

Contributions and Grants
$7,882
Program Service Revenue
$0
Investment Income
$55,000
Other Revenue
$0
All Other Contributions
$7,882
Change in Net Assets
$-272
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Grants and Similar Amounts Paid$54,000
Other Expenses$9,154
Professional Fundraising Fees$0
Salaries, Compensation, and Employee Benefits$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Grants to Domestic Orgs$54,000--$54,000
Fees for Services Management-$4,320-$4,320
Fees for Services Accounting-$3,675-$3,675
Fees for Services Other-$618-$618
Fees for Services Legal-$381-$381
Office Expenses-$160-$160
Total Functional Expenses$54,000$9,154$0$63,154
International Activity

Grant and Assistance Recipients

RecipientLocationCategoryPurposeAmount
Foundation for Health Care ContinuumsSartell, MN501(c)(3)THE GRANT IS TO BE USED TO DEVELOP ALZHEIMER'S CARE PROGRAMMING.$0
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Business relationship with 35% controlled entity
No
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

All management services are provided by the foundation for health care continuums, a related tax-exempt 501(c)(3) organization.

Form 990, Part VI, Section A, Line 7A

The board of directors is elected by the foundation for health care continuums, its publicly supported organization.

Form 990, Part VI, Section A, Line 7B

The board of directors of the organization may not take the following actions without the prior approval of the foundation for health care continuums: (a) authorize the organization to enter into any contract or engage in any transaction where the amount involved exceeds $1,000,000; (b) approve long-term borrowing of money by the organization or any affiliate thereof for capital needs; (c) adopt any new, or changes to existing, long-term or master institutional plans of the organization; (d) adopt a plan of dissolution of the organization; (e) authorize the organization to engage in, or enter into, any transaction providing for the sale, mortgage or other disposition of all or substantially all of the assets of the organization; (f) adopt a plan of merger or consolidation of the organization with another organization; or (g) organize or acquire, or authorize the organization or acquisition of, any subsidiary or affiliate of the organization.

Form 990, Part VI, Section B, Line 11B

Prior to filing the return with the irs, a draft of the completed form 990 was reviewed by the organization's cfo. Subsequent to this review, the completed and final form 990 was presented to the full board for review and was subsequently filed with the irs.

Form 990, Part VI, Section B, Line 12C

The organization adopted a conflict of interest policy that requires each director and officer to sign a written statement and disclose any conflict of interest. A component of the policy requires that any director or officer with a conflict is prohibited from voting on any matter in which there is a conflict. The ceo of the organization monitors and enforces compliance with the conflict of interest policy on a regular basis and the board of directors monitors the ceo.

Form 990, Part VI, Section C, Line 19

Various public and private entities may require the filing of such documents as part of a regulatory or contractual commitment, and as a result of such obligations, certain of these materials may, in fact, be available to the public. Outside such disclosures, the organization's governing documents, conflict of interest policy, and financial statements are not routinely made available by the organization to the public. Notably, financial statements, governing documents, and conflict of interest policies are not required to be disclosed to the public pursuant to irc section 6104.

Filing and Contact Details

Filer

Filer Name
ALZHEIMER'S DISEASE FOUNDATION INC
EIN
36-3336574
Phone
3202588983
Address
520 1ST ST NE, SARTELL, MN 56377

Signing Officer

Name
Kevin Harguth
Title
CFO
Phone
3202588985
Signed
2025-08-11
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Harguth
Formed
1984
Legal Domicile
In
Voting Board Members
5
Independent Board Members
0
Employees
0
Volunteers
0

Preparer

Firm
Cliftonlarsonallen Llp
Address
121 WEST BRIDGE STREET, OWATONNA, MN 55060
Preparer
Justin Hartert
Phone
5074467100
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Change in beneficial interest in perpetual trust 180,969.

Financial Statement Notes

PART V, LINE 4:

Alzheimer's disease foundation is an income beneficiary of an irrevocable perpetual trust controlled by an unrelated third-party trustee. The foundation uses the earnings from the endowment to provide support to the foundation for health care continuums, a related tax-exempt organization, and to raise funds for research and assistance.

PART X, LINE 2:

Alzheimer's disease foundation (adf) has been granted exempt status relative to federal and state corporate income taxes under internal revenue code section 501(a) as an organization described in section 501(c)(3) and applicable state statutes. However, income from certain activities not directly related to adf's tax exempt purpose is subject to taxation as unrelated business income. Adf follows follows accounting standards for contingencies in evaluating uncertain tax positions. Adf's income tax returns are subject to review and examination by federal, state, and local authorities. Adf is not aware of any activities that would jeopardize its tax-exempt status.

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IRS990ScheduleA/SupportSumAmt054000
IRS990/ScheduleBRequiredInd00
IRS990ScheduleD/BoardDesignatedBalanceEOYPct00.00000
IRS990ScheduleD/CYEndwmtFundGrp/BeginningYearBalanceAmt01067481
IRS990ScheduleD/CYEndwmtFundGrp/EndYearBalanceAmt01248450
IRS990ScheduleD/CYEndwmtFundGrp/InvestmentEarningsOrLossesAmt0180969
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/BeginningYearBalanceAmt01021072
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/EndYearBalanceAmt01067481
IRS990ScheduleD/CYMinus1YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt046409
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/BeginningYearBalanceAmt01285198
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/EndYearBalanceAmt01021072
IRS990ScheduleD/CYMinus2YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0-264126
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/BeginningYearBalanceAmt01149447
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/EndYearBalanceAmt01285198
IRS990ScheduleD/CYMinus3YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt0135751
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/BeginningYearBalanceAmt01093686
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/EndYearBalanceAmt01149447
IRS990ScheduleD/CYMinus4YrEndwmtFundGrp/InvestmentEarningsOrLossesAmt055761
IRS990ScheduleD/EndowmentsHeldRelatedOrgInd00
IRS990ScheduleD/EndowmentsHeldUnrelatedOrgInd01
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/OtherAssetsOrgGrp/BookValueAmt01248450
IRS990ScheduleD/OtherAssetsOrgGrp/Desc0BENEFICIAL INTEREST IN PERPETUAL TRUST
IRS990ScheduleD/PrmnntEndowmentBalanceEOYPct01.00000
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0ALZHEIMER'S DISEASE FOUNDATION IS AN INCOME BENEFICIARY OF AN IRREVOCABLE PERPETUAL TRUST CONTROLLED BY AN UNRELATED THIRD-PARTY TRUSTEE. THE FOUNDATION USES THE EARNINGS FROM THE ENDOWMENT TO PROVIDE SUPPORT TO THE FOUNDATION FOR HEALTH CARE CONTINUUMS, A RELATED TAX-EXEMPT ORGANIZATION, AND TO RAISE FUNDS FOR RESEARCH AND ASSISTANCE.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1ALZHEIMER'S DISEASE FOUNDATION (ADF) HAS BEEN GRANTED EXEMPT STATUS RELATIVE TO FEDERAL AND STATE CORPORATE INCOME TAXES UNDER INTERNAL REVENUE CODE SECTION 501(A) AS AN ORGANIZATION DESCRIBED IN SECTION 501(C)(3) AND APPLICABLE STATE STATUTES. HOWEVER, INCOME FROM CERTAIN ACTIVITIES NOT DIRECTLY RELATED TO ADF'S TAX EXEMPT PURPOSE IS SUBJECT TO TAXATION AS UNRELATED BUSINESS INCOME. ADF FOLLOWS FOLLOWS ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. ADF'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. ADF IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0PART V, LINE 4:
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1PART X, LINE 2:
IRS990ScheduleD/TermEndowmentBalanceEOYPct00.00000
IRS990ScheduleD/TotalBookValueLandBuildingsAmt00
IRS990ScheduleD/TotalBookValueOtherAssetsAmt01248450
IRS990ScheduleI/GrantRecordsMaintainedInd01
IRS990ScheduleI/RecipientTable/CashGrantAmt00
IRS990ScheduleI/RecipientTable/IRCSectionDesc0501(C)(3)
IRS990ScheduleI/RecipientTable/NonCashAssistanceAmt054000
IRS990ScheduleI/RecipientTable/PurposeOfGrantTxt0THE GRANT IS TO BE USED TO DEVELOP ALZHEIMER'S CARE PROGRAMMING.
IRS990ScheduleI/RecipientTable/RecipientBusinessName/BusinessNameLine1Txt0FOUNDATION FOR HEALTH CARE CONTINUUMS
IRS990ScheduleI/RecipientTable/RecipientEIN0621611446
IRS990ScheduleI/RecipientTable/USAddress/AddressLine1Txt0520 1ST ST NE
IRS990ScheduleI/RecipientTable/USAddress/CityNm0SARTELL
IRS990ScheduleI/RecipientTable/USAddress/StateAbbreviationCd0MN
IRS990ScheduleI/RecipientTable/USAddress/ZIPCd056377
IRS990ScheduleI/SupplementalInformationDetail/ExplanationTxt0TRANSFERS BETWEEN RELATED ORGANIZATIONS ARE MONITORED THROUGH THE INTERNAL FINANCIAL REPORTING PROCESS.
IRS990ScheduleI/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 2:
IRS990ScheduleI/Total501c3OrgCnt01
IRS990ScheduleI/TotalOtherOrgCnt00
IRS990ScheduleJ/AnyNonFixedPaymentsInd00
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd00
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd00
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd00
IRS990ScheduleJ/EquityBasedCompArrngmInd00
IRS990ScheduleJ/InitialContractExceptionInd00
IRS990/ScheduleJRequiredInd01
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BaseCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusFilingOrganizationAmount10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt012339
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/BonusRelatedOrganizationsAmt126200
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0223520
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1201929
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990FilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompReportPrior990RltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompensationFlngOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt08362
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt14128
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt010650
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/NontaxableBenefitsRltdOrgsAmt18928
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/OtherCompensationRltdOrgsAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm0KEVIN HARGUTH
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/PersonNm1BRIAN KELM
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt0CFO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TitleTxt1CEO
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt00
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationFilingOrgAmt10
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt0254871
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/TotalCompensationRltdOrgsAmt1241185
IRS990ScheduleJ/SeverancePaymentInd00
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt0THE FOUNDATION FOR HEALTH CARE CONTINUUMS, A RELATED ORGANIZATION, USED THE FOLLOWING METHODS WHEN DETERMINING COMPENSATION FOR THE OFFICERS: (1) COMPENSATION COMMITTEE, (2) COMPENSATION SURVEY OR STUDY, AND (3) APPROVAL BY THE BOARD OF DIRECTORS OR COMPENSATION COMMITTEE.
IRS990ScheduleJ/SupplementalInformationDetail/ExplanationTxt1BRIAN KELM PARTICIPATES IN A 457(F) RETIREMENT PLAN THROUGH THE FOUNDATION FOR HEALTH CARE CONTINUUMS, A RELATED ORGANIZATION. THERE WERE NO CONTRIBUTIONS INTO THE PLAN, ACCRUALS, OR PAYOUTS FROM THE PLAN DURING THE YEAR.
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc0PART I, LINE 3
IRS990ScheduleJ/SupplementalInformationDetail/FormAndLineReferenceDesc1PART I, LINE 4B
IRS990ScheduleJ/SupplementalNonqualRtrPlanInd01
IRS990/ScheduleORequiredInd01
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt0ALL MANAGEMENT SERVICES ARE PROVIDED BY THE FOUNDATION FOR HEALTH CARE CONTINUUMS, A RELATED TAX-EXEMPT 501(C)(3) ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt1THE BOARD OF DIRECTORS IS ELECTED BY THE FOUNDATION FOR HEALTH CARE CONTINUUMS, ITS PUBLICLY SUPPORTED ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt2THE BOARD OF DIRECTORS OF THE ORGANIZATION MAY NOT TAKE THE FOLLOWING ACTIONS WITHOUT THE PRIOR APPROVAL OF THE FOUNDATION FOR HEALTH CARE CONTINUUMS: (A) AUTHORIZE THE ORGANIZATION TO ENTER INTO ANY CONTRACT OR ENGAGE IN ANY TRANSACTION WHERE THE AMOUNT INVOLVED EXCEEDS $1,000,000; (B) APPROVE LONG-TERM BORROWING OF MONEY BY THE ORGANIZATION OR ANY AFFILIATE THEREOF FOR CAPITAL NEEDS; (C) ADOPT ANY NEW, OR CHANGES TO EXISTING, LONG-TERM OR MASTER INSTITUTIONAL PLANS OF THE ORGANIZATION; (D) ADOPT A PLAN OF DISSOLUTION OF THE ORGANIZATION; (E) AUTHORIZE THE ORGANIZATION TO ENGAGE IN, OR ENTER INTO, ANY TRANSACTION PROVIDING FOR THE SALE, MORTGAGE OR OTHER DISPOSITION OF ALL OR SUBSTANTIALLY ALL OF THE ASSETS OF THE ORGANIZATION; (F) ADOPT A PLAN OF MERGER OR CONSOLIDATION OF THE ORGANIZATION WITH ANOTHER ORGANIZATION; OR (G) ORGANIZE OR ACQUIRE, OR AUTHORIZE THE ORGANIZATION OR ACQUISITION OF, ANY SUBSIDIARY OR AFFILIATE OF THE ORGANIZATION.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt3PRIOR TO FILING THE RETURN WITH THE IRS, A DRAFT OF THE COMPLETED FORM 990 WAS REVIEWED BY THE ORGANIZATION'S CFO. SUBSEQUENT TO THIS REVIEW, THE COMPLETED AND FINAL FORM 990 WAS PRESENTED TO THE FULL BOARD FOR REVIEW AND WAS SUBSEQUENTLY FILED WITH THE IRS.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt4THE ORGANIZATION ADOPTED A CONFLICT OF INTEREST POLICY THAT REQUIRES EACH DIRECTOR AND OFFICER TO SIGN A WRITTEN STATEMENT AND DISCLOSE ANY CONFLICT OF INTEREST. A COMPONENT OF THE POLICY REQUIRES THAT ANY DIRECTOR OR OFFICER WITH A CONFLICT IS PROHIBITED FROM VOTING ON ANY MATTER IN WHICH THERE IS A CONFLICT. THE CEO OF THE ORGANIZATION MONITORS AND ENFORCES COMPLIANCE WITH THE CONFLICT OF INTEREST POLICY ON A REGULAR BASIS AND THE BOARD OF DIRECTORS MONITORS THE CEO.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt5VARIOUS PUBLIC AND PRIVATE ENTITIES MAY REQUIRE THE FILING OF SUCH DOCUMENTS AS PART OF A REGULATORY OR CONTRACTUAL COMMITMENT, AND AS A RESULT OF SUCH OBLIGATIONS, CERTAIN OF THESE MATERIALS MAY, IN FACT, BE AVAILABLE TO THE PUBLIC. OUTSIDE SUCH DISCLOSURES, THE ORGANIZATION'S GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS ARE NOT ROUTINELY MADE AVAILABLE BY THE ORGANIZATION TO THE PUBLIC. NOTABLY, FINANCIAL STATEMENTS, GOVERNING DOCUMENTS, AND CONFLICT OF INTEREST POLICIES ARE NOT REQUIRED TO BE DISCLOSED TO THE PUBLIC PURSUANT TO IRC SECTION 6104.
IRS990ScheduleO/SupplementalInformationDetail/ExplanationTxt6CHANGE IN BENEFICIAL INTEREST IN PERPETUAL TRUST 180,969.
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc0FORM 990, PART VI, SECTION A, LINE 3
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc1FORM 990, PART VI, SECTION A, LINE 7A
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc2FORM 990, PART VI, SECTION A, LINE 7B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc3FORM 990, PART VI, SECTION B, LINE 11B
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc4FORM 990, PART VI, SECTION B, LINE 12C
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc5FORM 990, PART VI, SECTION C, LINE 19
IRS990ScheduleO/SupplementalInformationDetail/FormAndLineReferenceDesc6FORM 990, PART XI, LINE 9:
IRS990ScheduleR/AssetExchangeInd00
IRS990ScheduleR/AssetPurchaseFromOtherOrgInd00
IRS990ScheduleR/AssetSaleToOtherOrgInd00
IRS990ScheduleR/DivRelatedOrganizationInd00
IRS990ScheduleR/GiftGrntCapContriFromOthOrgInd00
IRS990ScheduleR/GiftGrntOrCapContriToOthOrgInd01
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ControlledOrganizationInd00
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DirectControllingNACd0N/A
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/DisregardedEntityName/BusinessNameLine1Txt0FOUNDATION FOR HEALTH CARE CONTINUUMS
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/EIN0621611446
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/ExemptCodeSectionTxt0501(C)(3)
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/LegalDomicileStateCd0TN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PrimaryActivitiesTxt0HEALTH CARE/SENIOR LIVING
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/PublicCharityStatusTxt0LINE 10
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/AddressLine1Txt0520 1ST ST NE
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/CityNm0SARTELL
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/StateAbbreviationCd0MN
IRS990ScheduleR/IdRelatedTaxExemptOrgGrp/USAddress/ZIPCd056377
IRS990ScheduleR/LoansOrGuaranteesFromOthOrgInd00
IRS990ScheduleR/LoansOrGuaranteesToOtherOrgInd00
IRS990ScheduleR/PaidEmployeesSharingInd01
IRS990ScheduleR/PerformOfServicesByOtherOrgInd01
IRS990ScheduleR/PerformOfServicesForOthOrgInd00
IRS990ScheduleR/ReceiptOfIntAnntsRntsRyltsInd00
IRS990ScheduleR/ReimbursementPaidByOtherOrgInd00
IRS990ScheduleR/ReimbursementPaidToOtherOrgInd00
IRS990ScheduleR/RentalOfFacilitiesToOthOrgInd00
IRS990ScheduleR/RentalOfFcltsFromOthOrgInd00
IRS990ScheduleR/SharingOfFacilitiesInd01
IRS990ScheduleR/TransferFromOtherOrgInd00
IRS990ScheduleR/TransferToOtherOrgInd00
IRS990/SchoolOperatingInd00
IRS990/SignificantChangeInd00
IRS990/SignificantNewProgramSrvcInd00
IRS990/StatesWhereCopyOfReturnIsFldCd0IN
IRS990/SubjectToExcsTaxNetInvstIncInd00
IRS990/SubjectToProxyTaxInd00
IRS990/SubjToTaxRmnrtnExPrchtPymtInd00
IRS990/TaxablePartyNotificationInd00
IRS990/TaxExemptBondsInd00
IRS990/TerminateOperationsInd00
IRS990/TotalAssetsBOYAmt01075269
IRS990/TotalAssetsEOYAmt01255966
IRS990/TotalAssetsGrp/BOYAmt01075269
IRS990/TotalAssetsGrp/EOYAmt01255966
IRS990/TotalCompGreaterThan150KInd01
IRS990/TotalContributionsAmt07882
IRS990/TotalEmployeeCnt00
IRS990/TotalFunctionalExpensesGrp/FundraisingAmt00

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