Assumption Home
Also known as Benedictine Home Health - Cold Spring
Assumption Home reported $15.0 million in revenue and $14.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $84.09 went to program services, $15.91 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 94.9% of the total. The highest compensation it reported for one person was $1,087,851 (CEO OF BHS). 2 people received more than $100,000 in reportable compensation. Revenue rose 62% between 2019 and FY2025. Source: Form 990, FY2025.
Where $100 of spending went
The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $15MFor context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 fundraising (medians computed separately, so they may not sum to $100).
Where $100 of revenue came from
The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $15MThe 990 scorecard · same measures for every charity, no grades
| Measure | FY2025 | Median |
|---|---|---|
| Program services Part IX 25(B) ÷ 25(A) | 84.1% | 87.2% |
| Management & general Part IX 25(C) ÷ 25(A) | 15.9% | 11.4% |
| Fundraising Part IX 25(D) ÷ 25(A) | 0.0% | 0.2% |
| Fundraising cost per $1 of contributions Part IX 25(D) ÷ Part VIII 1h | Not reported | $0.02 |
| Contributions & grants share of revenue Part VIII 1h ÷ 12 | 0.2% | 20.6% |
| Government grants share of revenue Part VIII 1e ÷ 12 | 0.0% | 2.4% |
| Program service revenue share Part VIII 2g ÷ 12 | 94.9% | 70.8% |
| Highest reported compensation Part VII-A, columns D–F | $1,087,851 | $274,992 |
| Highest compensation as share of expenses Part VII-A ÷ Part IX 25(A) | 7.49% | 1.18% |
| People paid over $100,000 Part VII, line 2 | 2 | 6 |
| Net assets, in months of expenses Part X 33(B) ÷ monthly expenses | 9.6 | 6.9 |
| Independent voting board members Part VI 1a–1b | 5 of 8 | 100.0% |
A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.
What the money paid for, in its own words
FY2025 · Form 990, Part III · the three largest programs by expenseBenedictine Assumption Home is a 76-bed skilled nursing facility in cold spring, mn which provides care to residents on a daily basis. The community is renowned for being a christian health care facility that strives to provide long term and rehabilitative care for older adults. Assumption Home offers the older adult and their families the coordination numerous services and aspects of medical care including several rounding onsite primary physicians, numerous consulting specialty physician and local pharmacy services
Highest reported compensation
FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here| Role | From this org | From related orgs | Other | Total |
|---|---|---|---|---|
| CEO OF BHS Director/trustee, officer, 1.00 hrs/week | $0 | $913,522 | $174,329 | $1,087,851 |
| CFO & TREASURER Director/trustee, officer, 1.00 hrs/week | $0 | $511,297 | $89,096 | $600,393 |
| COO OF BHS/BOARD CHAIR Director/trustee, officer, 1.00 hrs/week | $0 | $373,997 | $90,827 | $464,824 |
| VP OF BHS Officer, 1.00 hrs/week | $0 | $271,593 | $21,125 | $292,718 |
| CLINICAL MANAGER Highest compensated employee, 40.00 hrs/week | $131,681 | $0 | $36,652 | $168,333 |
| EXECUTIVE DIRECTOR Officer, 40.00 hrs/week | $0 | $102,566 | $22,036 | $124,602 |
| DON Highest compensated employee, 40.00 hrs/week | $108,914 | $0 | $3,208 | $112,122 |
2 people received more than $100,000 in reportable compensation from Assumption Home (Part VII, line 2).
7 filings since 2019
Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked| Filing | Revenue | Expenses | Programs | Net assets | Top pay |
|---|---|---|---|---|---|
| FY2025 ⓘ | $15M | $15M | 84.1% | $12M | $1,087,851 |
| FY2024 (5 mo.) ⓘ | $9.8M | $7.1M | 84.4% | $11M | — |
| 2023 ⓘ | $14M | $13M | 91.2% | $8.1M | $212,141 |
| 2022 (amended) ⓘ | $13M | $11M | 89.4% | $7.1M | $119,746 |
| 2021 (amended) ⓘ | $11M | $9.8M | 92.5% | $5.8M | $108,748 |
| 2020 ⓘ | $9.7M | $10M | 90.7% | $4.3M | $108,042 |
| 2019 ⓘ | $9.3M | $9.1M | 91.1% | $4.5M | $107,240 |
Governance answers, as filed
FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means- Voting board members, and how many are independent Part VI, lines 1a–1b8 · 5 independent
- Audited financial statements Part XII 2bYes
- Conflict-of-interest policy Part VI 12aYes
- Whistleblower policy Part VI 13Yes
- Document retention policy Part VI 14Yes
- Independent process for top executive pay Part VI 15aYes
- Board given the 990 before filing Part VI 11aYes
- Family or business ties among insiders Part VI 2No
- Aware of a significant diversion of assets Part VI 5No
- Excess benefit transaction with an insider Part IV 25aNo
- Loans to or from insiders outstanding Part IV 26No
- Lobbying, or a 501(h) election in effect Part IV 4No
- Over $15,000 of professional fundraising services Part IV 18No
- Over $10,000 of activity outside the U.S. Part IV 14bNo
- Employees Part I, line 5279
- Volunteers Part I, line 645
Private foundation grants it received
1 private foundation reported grants to Assumption Home totaling $16 on their tax year 2023 Form 990-PF returns. See which foundations, on WHOFUNDS.
Source: WHOFUNDS open grant graph, matched from Form 990-PF Part XV.
Correct a figure or respond
Every number above is copied from Assumption Home's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for Assumption Home, you can publish a response that is linked from this page.
Share or embed this breakdown
Of every $100 Assumption Home spent in FY2025, $84.09 went to programs. The full breakdown, from its IRS Form 990:
Questions people ask
How much of Assumption Home's spending goes to programs?
In the fiscal year ending June 30, 2025, Assumption Home reported that 84.1% of its $14.5 million in expenses went to program services, 15.9% to management and general and 0.0% to fundraising (Form 990, Part IX).
How much does Assumption Home pay its top executive?
The largest total compensation Assumption Home reported for one person in the fiscal year ending June 30, 2025 was $1,087,851, for the role of CEO OF BHS (Form 990, Part VII, including compensation from related organizations and other compensation).
Where does Assumption Home get its money?
Of $15.0 million in revenue in the fiscal year ending June 30, 2025, 0.2% came from contributions and grants and 94.9% from program service revenue (Form 990, Part VIII).
Is Assumption Home a registered charity?
The IRS lists EIN 41-0873335 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.
Sources
- FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621339349302542 · read the filing
- FY2024 (5 mo.): Form 990 for the 5-month short period ending June 1, 2024, object 202531219349302223 · read the filing
- 2023: Form 990 for calendar year 2023, object 202443129349300849 · read the filing
- 2022: Form 990 for calendar year 2022 (amended), object 202401139349301110 · read the filing
- 2021: Form 990 for calendar year 2021 (amended), object 202431139349300803 · read the filing
- 2020: Form 990 for calendar year 2020, object 202102869349301000 · read the filing
- 2019: Form 990 for calendar year 2019, object 202031619349300043 · read the filing
All filings for EIN 41-0873335: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.