Knute Nelson

Alexandria, MN, US
501(c)3
EIN
41-1263433
Alexandria, MN, US
501(c)3
EIN
41-1263433

Overview

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Est.

1969

Fiscal Year Start

Oct 1

Organization Type

Grantseeker
AI Summary
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Knute Nelson is a nonprofit organization dedicated to the operation of nursing homes and senior services, with a focus on enhancing the quality of life for elderly individuals. With an operating budget of $68.1 million and total revenue of $69.6 million for the 2024 filing year, the organization demonstrates significant financial scale, supported by various funders. Notably, Knute Nelson does not rely on a single funder for 50% or more of its revenue, ensuring a diverse funding base. For more information, visit their website at www.vivie.org.

Mission Statement

Operation of nursing home and senior services
Revenues

$15M

Expenses

$14.7M

Net Income:
+$328.3K
Assets

$77.5M

Liabilities

$48.5M

Net Assets:
+$29M
Operating Budget

$14.7M

Operating Budget by Year

Due Diligence

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Charity Verification Snapshot
IRS EO Business Master File Status
Listed as tax-exempt
IRS Pub 78 Status
Eligible for tax-deductible gifts
IRS Revocation Status
Not in Automatic Revocation of Exemption List
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Total No. of Grants

5

Median grant size
$3K
Largest grant received
$121.9K
M
Mark Anderson
Board Member
G
Greg Billberg
Board Member
V
Vicki Jodsaas
Board Member

Frequently Asked Questions

What is Knute Nelson’s budget?
In 2024, Knute Nelson reported an annual operating budget of around $14.7 million. More detailed financial information is available to registered users.
What causes does Knute Nelson support?
Knute Nelson supports work in Nursing homes and Human services.
Where does Knute Nelson operate?
Knute Nelson is headquartered in Alexandria, MN.
Who funded Knute Nelson recently?
In 2024, Knute Nelson received grants from Vivie Foundation, BEK Care LLC, and Enterprise Holdings Foundation. More information on this organization’s funders is available to registered users.
What is the largest grant Knute Nelson received in 2024?
The largest grant to Knute Nelson in 2024 exceeds $122 thousand.
What is Knute Nelson’s reliance on government grants?
Knute Nelson relied on government grants for less than 5% of their total revenue in 2024.
Overview
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