MOUNT OLIVET CAREVIEW HOME

MINNEAPOLIS, MN, 55419-1719 (612) 827-5677 Est. 1965 EIN 41-0802697

E91Z - Health Care 990 - Public charity return 501(c)(3)

www.mtolivethomes.org

Mission

TO PROVIDE HIGH QUALITY LONG TERM CARE FOR RESIDENTS IN A LOVING AND CARING ENVIRONMENT.

Giving Portfolio

Total Grants

1

Total Giving

$150K

Recipients

1

Years Active

2022

Avg grant: $150,000 Median: $150,000

Top States

Minnesota

1

Top Grantees

MOUNT OLIVET LUTHERAN CHURCH

MN

$150K

Grants Awarded · 1 grants

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Financials

Total Revenue

$29,752,889

Total Expenses

$28,112,636

Net Assets

$19,356,609

376 employees 25 volunteers

From latest filing (tax period ending 2024-12-31)

Financial Health

Operating Reserve

8.3 months Healthy

Net assets / monthly expenses

Year-over-Year Change

Revenue ↑ 12.2%

Expenses ↑ 6.5%

Revenue Sources

Contributions 4.4% Earned revenue 91.3% Investment 0.8% Other 3.0%

Expense Breakdown

Program 95.2% Management 4.7% Fundraising 0.1%

Officers & Trustees (25)

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Filing History (6 filings)

Year	Revenue	Expenses	Net Assets
2024 990 - Public charity return Jan 1, 2024 to Dec 31, 2024	$29,752,889 ↑	$28,112,636	$19,356,609
2023 990 - Public charity return Jan 1, 2023 to Dec 31, 2023	$26,521,325 ↑	$26,396,055	$16,740,133
2022 990 - Public charity return Jan 1, 2022 to Dec 31, 2022	$24,636,740 ↑	$25,164,194	$15,625,193
2020 990 - Public charity return Jan 1, 2020 to Dec 31, 2020	$21,895,409 ↑	$21,326,319	$14,128,486
2019 990 - Public charity return Jan 1, 2019 to Dec 31, 2019	$21,418,704 ↑	$20,745,008	$12,834,364
2018 990 - Public charity return Jan 1, 2018 to Dec 31, 2018	$17,895,944	$19,614,525	$11,225,621