COTTAGE GROVE PLACE
2115 FIRST AVENUE SE, CEDAR RAPIDS, IA 52402 www.cottagegroveplace.com

Total Revenue
$14,698,530
Total Expenses
$13,947,937
Net Assets
$-2,867,701

Organizations Filed Purposes: TO PROVIDE HOUSING, HEALTH CARE & RELATED SERVICES THROUGH OPERATIONS OF A CCRC RETIREMENT FACILITY

THE RETIREMENT FACILITY CONTAINS 183 INDEPENDENT LIVING UNITS, 43 ASSISTED LIVING UNITS, 52 NURSING CARE BEDS AND 12 SPECIAL CARE UNITS FOR ITS RESIDENTS. ABOUT 69% OF THESE UNITS WERE OCCUPIED AT YEAR END. THE NEW ADDITION OPENED IN SEPTEMBER, WHICH ACCOUNTS FOR THE DECREASE IN OCCUPANCY PERCENTAGE. THIS ADDED 21 INDEPENDENT LIVING UNITS, 24 ASSISTED LIVING UNITS, 18 ASSISTED LIVING MEMORY CARE UNITS AND 12 SKILLED NURSING ROOMS.

Executives Listed on Filing

Total Salary includes financial earnings, benefits, and all related organization earnings listed on tax filing

NameTitleHours Per WeekTotal Salary
Mark BaileyEXECUTIVE DIRECTOR55$197,093
Greg OlbeksonFINANCE DIRECTOR45$69,504
Al VarneyTRUSTEE1$0
Crystal UsherTRUSTEE1$0
Kathy ToborgTRUSTEE1$0
Leland SmithsonTRUSTEE1$0
Harold SchaeferTRUSTEE THRU 1/191$0
Ralph PlagmanTRUSTEE1$0
Tory MeiborgTRUSTEE1$0
Jeremy MeadTRUSTEE1$0
Phil LenzenTRUSTEE1$0
Steven J KnudsonTRUSTEE1$0
William JacobsonTRUSTEE1$0
Douglas HeathTRUSTEE1$0
Steve GinsburgTRUSTEE1$0
William S ElliottTRUSTEE1$0
Bd CooperTRUSTEE THRU 8/191$0
Jan AltorferTRUSTEE1$0
Don MosierTREASURER1$0
Dick HeftSECRETARY1$0
Tad CooperCHAIRMAN1$0

Data for this page was sourced from XML published by IRS (public 990 form dataset) from: https://s3.amazonaws.com/irs-form-990/202033509349301008_public.xml