Civic Intelligence

Holdrege Memorial Homes Inc

EIN 47-0424939 • 501(c)3 • Holdrege, NE

Profile

To provide long-term health care for the elderly.

1320 11th AvenueHoldrege, NE 68949-1919

www.holdregehomes.org

Siviq Scores

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

Liabilities / Assets

58th percentile

0.25x

Higher debt load relative to assets than 58% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Liabilities / Revenue

50th percentile

0.22x

Higher debt load relative to revenue than 50% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Net Margin

42nd percentile

1.6%

Higher net margin than 42% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Top Officer Pay

15th percentile

$0

Higher top officer pay than 15% of similar nonprofits.

Top officer pay equals 0.0% of source-year revenue.

501(c)3 • $10M-$25M nonprofits • Source year 2025

Asset Growth

48th percentile

3.9%

Faster asset growth than 48% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Revenue Growth

55th percentile

9.6%

Faster revenue growth than 55% of similar nonprofits.

501(c)3 • $10M-$25M nonprofits • Annualized from 2024 to 2025

Assets

Up

$9,314,545

Up $347,609 (+3.9%) from 2024

Liabilities

Up

$2,302,219

Up $142,596 (+6.6%) from 2024

Net Assets

Up

$7,012,326

Up $205,013 (+3.0%) from 2024

Revenue

Up

$10,475,157

Up $921,330 (+9.6%) from 2024

Expenses

Up

$10,306,090

Up $732,895 (+7.7%) from 2024

Net Income

Up

$169,067

Up $188,435 (+973%) from 2024

Trend Graphs

Balance Sheet Trend

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

$15M$10M$5.0M$0Assets 2011: $8,241,361Liabilities 2011: $4,927,682Net Assets 2011: $3,313,6792011Assets 2012: $8,057,759Liabilities 2012: $4,708,073Net Assets 2012: $3,349,6862012Assets 2013: $8,307,283Liabilities 2013: $4,689,018Net Assets 2013: $3,618,2652013Assets 2014: $9,056,873Liabilities 2014: $5,170,578Net Assets 2014: $3,886,2952014Assets 2015: $8,963,252Liabilities 2015: $4,966,038Net Assets 2015: $3,997,2142015Assets 2016: $9,056,060Liabilities 2016: $4,862,376Net Assets 2016: $4,193,6842016Assets 2017: $9,218,580Liabilities 2017: $4,781,292Net Assets 2017: $4,437,2882017Assets 2018: $8,751,670Liabilities 2018: $4,415,582Net Assets 2018: $4,336,0882018Assets 2019: $9,361,515Liabilities 2019: $4,877,975Net Assets 2019: $4,483,5402019Assets 2020: $10,363,847Liabilities 2020: $5,716,694Net Assets 2020: $4,647,1532020Assets 2021: $9,288,813Liabilities 2021: $3,981,470Net Assets 2021: $5,307,3432021Assets 2022: $8,485,760Liabilities 2022: $3,725,698Net Assets 2022: $4,760,0622022Assets 2023: $10,526,686Liabilities 2023: $3,473,221Net Assets 2023: $7,053,4652023Assets 2024: $8,966,936Liabilities 2024: $2,159,623Net Assets 2024: $6,807,3132024Assets 2025: $9,314,545Liabilities 2025: $2,302,219Net Assets 2025: $7,012,3262025

Highlighted filing

2025

Assets$9,314,545
Liabilities$2,302,219
Net Assets$7,012,326

Operations Trend

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

$15M$10M$5.0M$0-$5.0MExpenses 2011: $6,656,6822011Expenses 2012: $6,570,2492012Expenses 2013: $6,573,5852013Revenue 2014: $7,278,781Expenses 2014: $7,011,271Net Income 2014: $267,5102014Revenue 2015: $7,121,043Expenses 2015: $7,009,555Net Income 2015: $111,4882015Revenue 2016: $7,526,321Expenses 2016: $7,329,465Net Income 2016: $196,8562016Revenue 2017: $8,147,989Expenses 2017: $7,906,478Net Income 2017: $241,5112017Revenue 2018: $7,918,334Expenses 2018: $8,019,991Net Income 2018: -$101,6572018Revenue 2019: $8,435,863Expenses 2019: $8,288,644Net Income 2019: $147,2192019Revenue 2020: $9,085,876Expenses 2020: $8,921,406Net Income 2020: $164,4702020Revenue 2021: $10,005,953Expenses 2021: $9,147,097Net Income 2021: $858,8562021Revenue 2022: $8,488,512Expenses 2022: $9,086,067Net Income 2022: -$597,5552022Revenue 2023: $11,520,612Expenses 2023: $9,533,176Net Income 2023: $1,987,4362023Revenue 2024: $9,553,827Expenses 2024: $9,573,195Net Income 2024: -$19,3682024Revenue 2025: $10,475,157Expenses 2025: $10,306,090Net Income 2025: $169,0672025

Highlighted filing

2025

Revenue$10,475,157
Expenses$10,306,090
Net Income$169,067

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2025XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$9.31$2.30$7.01$10.5$10.3$0.17
2024Summary only. Only limited summary data is available for this year.$8.97$2.16$6.81$9.55$9.57$0.02
2023Facts available. Structured filing facts are available, but richer extracted sections are limited.$10.5$3.47$7.05$11.5$9.53$1.99
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.49$3.73$4.76$8.49$9.09$0.60
2021Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.29$3.98$5.31$10.0$9.15$0.86
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$10.4$5.72$4.65$9.09$8.92$0.16
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.36$4.88$4.48$8.44$8.29$0.15
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$8.75$4.42$4.34$7.92$8.02$0.10
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$9.22$4.78$4.44$8.15$7.91$0.24
2016Detailed filing. Detailed filing data is available for this year.$9.06$4.86$4.19$7.53$7.33$0.20
2015Detailed filing. Detailed filing data is available for this year.$8.96$4.97$4.00$7.12$7.01$0.11
2014Detailed filing. Detailed filing data is available for this year.$9.06$5.17$3.89$7.28$7.01$0.27
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.31$4.69$3.62$6.57
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.06$4.71$3.35$6.57
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$8.24$4.93$3.31$6.66
Latest Detailed Filing

The latest 2025 filing currently has linked XML that has not been fully parsed yet. Showing the latest detailed filing from 2023 below.

Jump To
Filing Snapshot
Filing Period
Jul 1, 2022 to Jun 30, 2023
Signed
Oct 30, 2023
Return Version
2022v5.0
Gross Receipts
$11,520,612
Mission and Program Overview

Mission

To provide long-term health care for the elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$6,991,856$6,646,175▼ $345,681
Cash and Non-Interest-Bearing Accounts$710,674$2,032,959▲ $1,322,285
Accounts Receivable$357,454$583,883▲ $226,429
Savings and Temporary Cash Investments$111,084$90,523▼ $20,561
Prepaid Expenses and Deferred Charges$44,406$27,090▼ $17,316
Investments in Publicly Traded Securities$4,752$6,629▲ $1,877
Total Assets$8,485,760$10,526,686▲ $2,040,926
Other Assets Total$265,534$1,139,427▲ $873,893
Liabilities
Tax Exempt Bond Liabilities$2,991,311$2,714,704▼ $276,607
Accounts Payable and Accrued Expenses$642,823$667,777▲ $24,954
Other Liabilities$91,564$90,740▼ $824
Total Liabilities$3,725,698$3,473,221▼ $252,477
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$4,760,062$7,053,465▲ $2,293,403
Total Net Assets Fund Balance$4,760,062$7,053,465▲ $2,293,403
Total Liabilities and Net Assets / Fund Balance$8,485,760$10,526,686▲ $2,040,926

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$5,491,855$8,993,793$14,485,648
Equipment$812,501$3,184,415$3,996,916
Land$341,819-$341,819
Other Assets Org$1,057,770--
Compensation and Service Providers

Board Members and Trustees

NameTitle
Vickie KleinPresident
Betsy OlsonVice President
Cheryl EchtenkampBoard Member
Karen StuteBoard Member
Les GrimmBoard Member
Mary OmanBoard Member
Rita SkilesBoard Member
Robert MccormickBoard Member
Ruth JohnsonBoard Member
Mike EcklunSecretary
Reed McclymontTreasurer

Highest Paid Contractors

ContractorServicesLocationCompensation
Inspire RehabilitationTherapy8181 ARISTA PLACE SUITE 100, Broomfield, CO 80021$254,604
Sdk S Douglas Kucera CPAAccounting-credit ConsultingPO BOX 2218, Grand Island, NE 68802$193,822
Revenue and Support

Revenue Composition

Contributions and Grants
$2,704,449
Program Service Revenue
$8,594,820
Investment Income
$221,343
Other Revenue
$0
All Other Contributions
$90
Change in Net Assets
$1,987,436

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,520,612
Revenue Not Reported on Financial Statements
$0
Revenue Not Reported on Form 990
$1,767
Total Revenue per Audited Statements
$11,522,379
Total Revenue per Form 990
$11,520,612
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$7,001,346
Other Expenses$2,531,830
Total Fundraising Expense$93,670
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$5,265,026$316,085$60,207$5,641,318
Other Employee Benefits$872,075$57,566$10,965$940,606
Fees for Services Other$442,498$226,944-$669,442
Depreciation Depletion$604,423--$604,423
Payroll Taxes$391,445$23,501$4,476$419,422
Occupancy$259,287--$259,287
Interest$114,367--$114,367
All Other Expenses$28,659$44,198-$72,857
Insurance$32,406$30,753-$63,159
Other Expenses$2,871$39,627-$42,498
Fees for Services Accounting-$26,162$2,175$28,337
Advertising$5,586-$14,781$20,367
Travel$23$5,594$1,066$6,683
Conferences and Meetings$5,913--$5,913
Office Expenses-$3,504-$3,504
Total Functional Expenses$8,665,572$773,934$93,670$9,533,176

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$9,533,176
Total Expenses per Audited Statements$9,533,176
Total Expenses per Form 990$9,533,176
Expenses Not Reported on Financial Statements$0
Expenses Not Reported on Form 990$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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Deferred Unemployment Reserve$76,442
Resident Trust Liability$14,298

Bond Issues

BondIssuerIssuedIssue PricePurpose
AHospital Authority of Phelps County2013-08-27$4,580,500To refinace existing debt

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$4,580,500$3,919,454$1,806,658$117,301

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested in GIC
No
Exception to rebate
No
Corrective action procedures
No
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Audit committee
Yes
Backup withholding compliance
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
No
Audited financial statements prepared
No
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

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

The return is reviewed by the entire board at a board meeting prior to submission.

Form 990, Part VI, Section C, Line 19

Governing documents are available to the general public upon specific request.

Filing and Contact Details

Filer

Filer Name
Holdrege Memorial Homes Inc
EIN
47-0424939
Phone
3089958963
Address
1320 11TH AVENUE, HOLDREGE, NE 68949-1919

Signing Officer

Name
Kevin Moriarty
Title
Adminstrator
Phone
3089958963
Signed
2023-10-30
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Kevin Moriarty
Formed
1950
Legal Domicile
Ne
Voting Board Members
11
Independent Board Members
11
Employees
184
Volunteers
0

Preparer

Firm
Lutz and Company Pc
Address
3320 JAMES ROAD SUITE 100, GRAND ISLAND, NE 68803
Preparer
Steven K Placke
Phone
3083827850
Supplemental Narrative

Additional Explanations

FORM 990, PART XI, LINE 9:

Transfer from holdrege memorial homes foundation 304,200.

Financial Statement Notes

PART X, LINE 2:

The home is exempt from federal income taxes under section 501(c)(3) of the internal revenue code and, therefore, has made no provision for federal income taxes in the accompanying financial statements. In addition, holdrege memorial homes, incorporated has been determined by the internal revenue service not to be a "private foundation" within the meaning of section 509(a) of the internal revenue code. There was no unrelated business income for the years ended june 30, 2023 and 2022. The home believes it is no longer subject to income tax examinations by federal, state, or local tax authorities for years before june 30, 2020.

Raw XML AppendixShowing 400 of 592 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd00
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0642823
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0667777
IRS990/AccountsReceivableGrp/BOYAmt0357454
IRS990/AccountsReceivableGrp/EOYAmt0583883
IRS990/ActivitiesConductedPrtshpInd00
IRS990/ActivityOrMissionDesc0TO PROVIDE LONG-TERM HEALTH CARE FOR THE ELDERLY.
IRS990/AdvertisingGrp/FundraisingAmt014781
IRS990/AdvertisingGrp/ProgramServicesAmt05586
IRS990/AdvertisingGrp/TotalAmt020367
IRS990/AllOtherContributionsAmt090
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt044198
IRS990/AllOtherExpensesGrp/ProgramServicesAmt028659
IRS990/AllOtherExpensesGrp/TotalAmt072857
IRS990/AuditCommitteeInd01
IRS990/BackupWthldComplianceInd01
IRS990/BooksInCareOfDetail/BusinessName/BusinessNameLine1Txt0KEVIN MORIARTY
IRS990/BooksInCareOfDetail/PhoneNum03089958631
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt01320 11TH AVENUE
IRS990/BooksInCareOfDetail/USAddress/CityNm0HOLDREGE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0NE
IRS990/BooksInCareOfDetail/USAddress/ZIPCd068949
IRS990/BusinessRlnWith35CtrlEntInd00
IRS990/BusinessRlnWithFamMemInd00
IRS990/BusinessRlnWithOrgMemInd00
IRS990/CashNonInterestBearingGrp/BOYAmt0710674
IRS990/CashNonInterestBearingGrp/EOYAmt02032959
IRS990/ChangeToOrgDocumentsInd00
IRS990/CntrctRcvdGreaterThan100KCnt02
IRS990/CollectionsOfArtInd00
IRS990/CompensationFromOtherSrcsInd00
IRS990/CompensationProcessCEOInd00
IRS990/CompensationProcessOtherInd00
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt05913
IRS990/ConferencesMeetingsGrp/TotalAmt05913
IRS990/ConflictOfInterestPolicyInd00
IRS990/ConservationEasementsInd00
IRS990/ConsolidatedAuditFinclStmtInd00
IRS990/ContractorCompensationGrp/CompensationAmt0254604
IRS990/ContractorCompensationGrp/CompensationAmt1193822
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt08181 ARISTA PLACE SUITE 100
IRS990/ContractorCompensationGrp/ContractorAddress/USAddress/AddressLine1Txt1PO BOX 2218
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IRS990/ContractorCompensationGrp/ContractorName/BusinessName/BusinessNameLine1Txt1SDK S DOUGLAS KUCERA CPA
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IRS990/DepreciationDepletionGrp/TotalAmt0604423
IRS990/Desc0PROVIDE NURSING HOME CARE AND ASSISTED LIVING SERVICES TO RESIDENTS OF THE FACILITY.
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IRS990/EscrowAccountInd00
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IRS990/ForeignActivitiesInd00
IRS990/ForeignFinancialAccountInd00
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IRS990/Form990PartVIISectionAGrp/OfficerInd0X
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IRS990/Form990PartVIISectionAGrp/PersonNm5ROBERT MCCORMICK
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IRS990/Form990PartVIISectionAGrp/PersonNm10RITA SKILES
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IRS990/Form990PartVIISectionAGrp/TitleTxt0SECRETARY
IRS990/Form990PartVIISectionAGrp/TitleTxt1TREASURER
IRS990/Form990PartVIISectionAGrp/TitleTxt2VICE PRESIDENT
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IRS990/Form990PartVIISectionAGrp/TitleTxt5BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt6BOARD MEMBER
IRS990/Form990PartVIISectionAGrp/TitleTxt7BOARD MEMBER
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