SNF COST REPORT · CCN 165475 · FY 2023

WELLINGTON PLACE

DECORAH, IA 52101 · Fiscal year ending 2023-12-31

56 bedsSNF

$376K

TOTAL REVENUE

$182K

OPERATING INCOME

48.5%

OPERATING MARGIN

TOTAL BEDS

DISCHARGES

01 — FINANCIAL

Financial summary

02 — UTILIZATION

03 — HISTORY

Year	Revenue	Operating Income	Beds	Margin
2017	$3.0M	−$1.5M	51	-48.3%
2018	$3.4M	−$1.0M	51	-30.6%
2019	$3.8M	−$643K	56	-16.8%
2020	$3.9M	−$825K	56	-21.1%
2022	$40K	−$225K	56	-561.3%
2023	$376K	$182K	56	48.5%

04 — OWNERSHIP

Owner	Type	Ownership %	Since
ASKELSON, LESTER	Individual	—	—
BENZING, LEAH	Individual	—	—
BOHNER, SCOTT	Individual	—	—
DAVIS, STEVEN	Individual	—	—
DUFFY, DENISE	Individual	—	—
HAGEMAN, NANCY	Individual	—	—
HANSON, MELINDA	Individual	—	—
JOHNSON, GARY	Individual	—	—
SINDELAR, LORRAINE	Individual	—	—
WOOD, KATY	Individual	—	—

CROSS-REFERENCE