Civic Intelligence

Marquardt Memorial Manor Inc

EIN 39-1126946 • 501(c)3 • Watertown, WI

Profile

Grounded in faith, we promote the health and well-being of each individual we serve.

1045 Hill StreetWatertown, WI 53098

www.marquardtvillage.org

Siviq Scores

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

Liabilities / Assets

32nd percentile

0.06x

Higher debt load relative to assets than 32% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Liabilities / Revenue

35th percentile

0.12x

Higher debt load relative to revenue than 35% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Net Margin

24th percentile

-5.0%

Higher net margin than 24% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Top Officer Pay

93rd percentile

$658,684

Higher top officer pay than 93% of similar nonprofits.

Top officer pay equals 6.2% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2024

Asset Growth

27th percentile

-1.8%

Faster asset growth than 27% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Revenue Growth

48th percentile

6.5%

Faster revenue growth than 48% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2023 to 2024

Assets

Down

$21,825,802

Down $409,974 (-1.8%) from 2023

Liabilities

Up

$1,274,521

Up $117,430 (+10%) from 2023

Net Assets

Down

$20,551,281

Down $527,404 (-2.5%) from 2023

Revenue

Up

$10,545,602

Up $642,605 (+6.5%) from 2023

Expenses

Up

$11,073,006

Up $104,051 (+0.9%) from 2023

Net Income

Up

-$527,404

Up $538,554 (+51%) from 2023

Trend Graphs

Balance Sheet Trend

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

$30M$20M$10M$0Assets 2010: $8,247,957Liabilities 2010: $1,994,046Net Assets 2010: $6,253,9112010Assets 2011: $8,498,497Liabilities 2011: $1,932,526Net Assets 2011: $6,565,9712011Assets 2012: $8,699,553Liabilities 2012: $1,540,893Net Assets 2012: $7,158,6602012Assets 2013: $9,830,884Liabilities 2013: $1,538,418Net Assets 2013: $8,292,4662013Assets 2014: $10,571,707Liabilities 2014: $1,798,616Net Assets 2014: $8,773,0912014Assets 2015: $10,782,220Liabilities 2015: $849,304Net Assets 2015: $9,932,9162015Assets 2016: $12,065,397Liabilities 2016: $864,050Net Assets 2016: $11,201,3472016Assets 2017: $13,028,121Liabilities 2017: $1,089,207Net Assets 2017: $11,938,9142017Assets 2018: $14,155,583Liabilities 2018: $1,141,001Net Assets 2018: $13,014,5822018Assets 2019: $14,881,071Liabilities 2019: $1,197,948Net Assets 2019: $13,683,1232019Assets 2020: $19,894,135Liabilities 2020: $5,591,796Net Assets 2020: $14,302,3392020Assets 2021: $22,487,955Liabilities 2021: $2,878,491Net Assets 2021: $19,609,4642021Assets 2022: $23,158,595Liabilities 2022: $1,013,952Net Assets 2022: $22,144,6432022Assets 2023: $22,235,776Liabilities 2023: $1,157,091Net Assets 2023: $21,078,6852023Assets 2024: $21,825,802Liabilities 2024: $1,274,521Net Assets 2024: $20,551,2812024

Highlighted filing

2024

Assets$21,825,802
Liabilities$1,274,521
Net Assets$20,551,281

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2010: $12,869,5342010Expenses 2011: $12,946,3282011Expenses 2012: $11,243,3872012Revenue 2013: $11,506,605Expenses 2013: $10,558,716Net Income 2013: $947,8892013Revenue 2014: $11,440,395Expenses 2014: $11,176,449Net Income 2014: $263,9462014Revenue 2015: $12,223,938Expenses 2015: $10,732,006Net Income 2015: $1,491,9322015Revenue 2016: $12,439,432Expenses 2016: $11,171,001Net Income 2016: $1,268,4312016Revenue 2017: $12,060,093Expenses 2017: $11,322,526Net Income 2017: $737,5672017Revenue 2018: $12,935,230Expenses 2018: $11,859,562Net Income 2018: $1,075,6682018Revenue 2019: $11,613,668Expenses 2019: $10,945,127Net Income 2019: $668,5412019Revenue 2020: $11,013,906Expenses 2020: $10,394,690Net Income 2020: $619,2162020Revenue 2021: $14,763,955Expenses 2021: $9,456,830Net Income 2021: $5,307,1252021Revenue 2022: $11,334,520Expenses 2022: $8,799,341Net Income 2022: $2,535,1792022Revenue 2023: $9,902,997Expenses 2023: $10,968,955Net Income 2023: -$1,065,9582023Revenue 2024: $10,545,602Expenses 2024: $11,073,006Net Income 2024: -$527,4042024

Highlighted filing

2024

Revenue$10,545,602
Expenses$11,073,006
Net Income-$527,404

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Detailed filing. Detailed filing data is available for this year.$21.8$1.27$20.6$10.5$11.1$0.53
2023Detailed filing. Detailed filing data is available for this year.$22.2$1.16$21.1$9.90$11.0$1.07
2022Detailed filing. Detailed filing data is available for this year.$23.2$1.01$22.1$11.3$8.80$2.54
2021Detailed filing. Detailed filing data is available for this year.$22.5$2.88$19.6$14.8$9.46$5.31
2020Detailed filing. Detailed filing data is available for this year.$19.9$5.59$14.3$11.0$10.4$0.62
2019Detailed filing. Detailed filing data is available for this year.$14.9$1.20$13.7$11.6$10.9$0.67
2018Detailed filing. Detailed filing data is available for this year.$14.2$1.14$13.0$12.9$11.9$1.08
2017Detailed filing. Detailed filing data is available for this year.$13.0$1.09$11.9$12.1$11.3$0.74
2016Detailed filing. Detailed filing data is available for this year.$12.1$0.86$11.2$12.4$11.2$1.27
2015Detailed filing. Detailed filing data is available for this year.$10.8$0.85$9.93$12.2$10.7$1.49
2014Detailed filing. Detailed filing data is available for this year.$10.6$1.80$8.77$11.4$11.2$0.26
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.83$1.54$8.29$11.5$10.6$0.95
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.70$1.54$7.16$11.2
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.50$1.93$6.57$12.9
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.25$1.99$6.25$12.9
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jul 1, 2023 to Jun 30, 2024
Signed
May 14, 2025
Return Version
2023v6.0
Gross Receipts
$10,545,602
Mission and Program Overview

Mission

Grounded in faith, we promote the health and well-being of each individual we serve

The organization's exempt purpose is to provide extended nursing, convalescent, and rehabilitative care to the elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$1,928,978$1,761,899▼ $167,079
Accounts Receivable$1,137,588$1,475,839▲ $338,251
Prepaid Expenses and Deferred Charges$271,137$338,577▲ $67,440
Cash and Non-Interest-Bearing Accounts$317$317→ $0
Total Assets$22,235,776$21,825,802▼ $409,974
Other Assets Total$18,897,756$18,249,170▼ $648,586
Liabilities
Accounts Payable and Accrued Expenses$1,154,940$1,256,585▲ $101,645
Other Liabilities$2,151$17,936▲ $15,785
Total Liabilities$1,157,091$1,274,521▲ $117,430
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$21,078,685$20,551,281▼ $527,404
Total Net Assets Fund Balance$21,078,685$20,551,281▼ $527,404
Total Liabilities and Net Assets / Fund Balance$22,235,776$21,825,802▼ $409,974

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,297,162$6,849,522$8,146,684
Equipment$281,341$3,204,769$3,486,110
Leasehold Improvements$13,311$412,902$426,213
Land$133,147-$133,147
Other Land Buildings$36,938-$36,938
Other Assets Org$17,488--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
Matthew MautheCEOPT$574,000$84,684$658,684
Nicole ChwalaCFOPT$276,712$41,632$318,344
Michael LibbySVP of OperationsPT$231,091$55,706$286,797
Mark PietrowiakVP of Business DevelopmentPT$154,299$96,895$251,194
Justin MunzelSenior VP of CommonheartPT$187,653$58,548$246,201
Jeff HackelSVP of HrPT$166,519$38,632$205,151
Jennifer JohnsonExecutive Director-the MarPT$155,646$38,241$193,887
Sherry CiraSVP of AdministrationPT$184,843$5,193$190,036
Jeff HoffmanVP of Construction 9/1/23PT$103,168$68,834$172,002
Gary ThorpeVP of Human ResourcesPT$143,170$27,158$170,328
Rose BorckRn - SnfPT$148,298$21,522$169,820
Lisa WhiteDirector of HospicePT$112,012$41,003$153,015
Dave BertschVP of Facilities & ConstructionPT$133,665$16,112$149,777
Keith VanlanduytSVP of Marketing & PhilantPT$142,494$2,633$145,127

Board Members and Trustees

NameTitle
Todd FischerPresident
Kevin KohlhoffBoard Member
Mike WilkesBoard Member
Rev Bruce NelsonBoard Member
Rev Katie Van Der LindenBoard Member
Scott DettmannAsst Secretary/asst Treasu
Robert MeidenbauerSecretary/treasurer
Revenue and Support

Revenue Composition

Contributions and Grants
$5
Program Service Revenue
$10,539,093
Investment Income
$6,504
Other Revenue
$0
All Other Contributions
$5
Change in Net Assets
$-527,404
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,764,421
Salaries, Compensation, and Employee Benefits$3,308,585
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Fees for Services Other$3,606,214$15,000-$3,621,214
Other Salaries and Wages$2,813,059--$2,813,059
Fees for Services Management-$937,114-$937,114
Fees for Services Accounting-$392,940-$392,940
Depreciation Depletion$306,060--$306,060
Other Employee Benefits$263,085--$263,085
Insurance$209,222--$209,222
Payroll Taxes$190,126--$190,126
Occupancy$179,897$4,800-$184,697
Information Technology$172,977--$172,977
Other Expenses$91,463$621,071-$91,463
Fees for Services Legal-$89,349-$89,349
Office Expenses$43,033$21,250-$64,283
Advertising$61,199--$61,199
Pension Plan Contributions$42,315--$42,315
All Other Expenses-$25,179-$25,179
Travel$12,968$6,722-$19,690
Interest$18,817--$18,817
Total Functional Expenses$8,959,581$2,113,425$0$11,073,006
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lease Liability - Financing$14,489
Current Lease Liaiblity - Financing$3,231
Resident Deposits$216
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Part VI, Section A, Line 6

The corporation shall have a single class of voting members, and the sole member of that class shall be marquardt village, inc.

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

The member shall appoint up to eight (8) directors. The appointed directors shall be included in the total number of authorized directors, shall be entitled to vote, and shall be counted for purposes of determining whether a quorum is present.

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

The following actions may be taken only by the member amendment of the articles of incorporation, amendment of the bylaws, merger, consolidation, or dissolution, the creation of any subsidiaries or affiliates.

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

The form 990 is prepared by an independent accounting firm and reviewed by the organization's accounting team and approved by the cfo. A copy of the 990 is provided to each board member.

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

Annually the board must attest that they do not have any duality of interest or possible conflict of interest; or they must disclose any duality of interest or possible conflict. Should a conflict arise, the person affected is asked to excuse themselves from voting.

Form 990, Part VI, Section B, Line 15

Board and ceo review comparability data and approve compensation annually. The board reviews and approves compensation for the ceo.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents, conflict of interest policy, and financial statements available upon request.

Filing and Contact Details

Filer

Filer Name
Marquardt Memorial Manor Inc
EIN
39-1126946
Phone
9202610400
Address
1045 HILL STREET, WATERTOWN, WI 53098

Signing Officer

Name
Nicole Chwala
Title
CFO
Phone
9202610400
Signed
2025-05-14
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Matthew Mauthe
Formed
1966
Legal Domicile
Wi
Voting Board Members
6
Independent Board Members
6
Employees
838
Volunteers
0

Preparer

Firm
Cliftonlarsonallen Llp
Address
10401 W INNOVATION DR STE 300, WAUWATOSA, WI 53226
Preparer
Kristen Donlevy
Phone
4144761880
Supplemental Narrative

Additional Explanations

Form 990, Part IX, Line 11G

Contract services: program service expenses 2,584,368. Management and general expenses 0. Fundraising expenses 0. Total expenses 2,584,368. Pharmacy: program service expenses 157,965. Management and general expenses 0. Fundraising expenses 0. Total expenses 157,965. Medical supplies: program service expenses 851,709. Management and general expenses 0. Fundraising expenses 0. Total expenses 851,709. Lab: program service expenses 4,760. Management and general expenses 0. Fundraising expenses 0. Total expenses 4,760. X-ray: program service expenses 7,412. Management and general expenses 0. Fundraising expenses 0. Total expenses 7,412. Medical director: program service expenses 0. Management and general expenses 15,000. Fundraising expenses 0. Total expenses 15,000.

Financial Statement Notes

PART X, LINE 2:

Marquardt village and all affiliates, except marquardt investments, are tax-exempt corporations as described in section 501(c)(3) of the internal revenue code (the code) and are exempt from federal income taxes on related income pursuant to section 501(a) of the code. They are also exempt from state income taxes on related income. The corporation believes that it has appropriate support for any tax positions taken, and as such, does not have any uncertain tax positions that are material to the financial statements.

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IRS990/Form990PartVIISectionAGrp/TitleTxt12SVP OF ADMINISTRATION
IRS990/Form990PartVIISectionAGrp/TitleTxt13VP OF HUMAN RESOURCES
IRS990/Form990PartVIISectionAGrp/TitleTxt14SENIOR VP OF COMMONHEART
IRS990/Form990PartVIISectionAGrp/TitleTxt15EXECUTIVE DIRECTOR-THE MAR
IRS990/Form990PartVIISectionAGrp/TitleTxt16SVP OF MARKETING & PHILANT
IRS990/Form990PartVIISectionAGrp/TitleTxt17VP OF CONSTRUCTION 9/1/23
IRS990/Form990PartVIISectionAGrp/TitleTxt18RN - SNF
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR OF HOSPICE
IRS990/Form990PartVIISectionAGrp/TitleTxt20VP OF FACILITIES & CONSTRUCTION
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