Civic Intelligence

Phs Shoreview Inc.

990 • Fiscal year 2018 • EIN 31-1631264

Oct 01, 2017 to Sep 30, 2018 • Filed on Aug 07, 2019

Organization ProfileWWW.PRESHOMES.ORG

Refreshing map…

2845 N Hamline AveRoseville, MN 55113

(651) 631-6162

Siviq Scores

Precomputed percentiles for this filing year versus similar nonprofits in the same peer cohort.

Liabilities / Assets

94th percentile

1.11x

Higher debt load relative to assets than 94% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Liabilities / Revenue

95th percentile

5.56x

Higher debt load relative to revenue than 95% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Net Margin

67th percentile

10%

Higher net margin than 67% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Top Officer Pay

97th percentile

$853,156

Higher top officer pay than 97% of similar nonprofits.

Top officer pay equals 58.7% of source-year revenue.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2018

Asset Growth

44th percentile

0.2%

Faster asset growth than 44% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Revenue Growth

47th percentile

2.8%

Faster revenue growth than 47% of similar nonprofits.

2018 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2017 to 2018

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$7,251,741

Up $12,706 (+0.2%) from 2017

Net Assets

Up

-$830,263

Up $150,557 (+15%) from 2017

Liabilities

Down

$8,082,004

Down $137,851 (-1.7%) from 2017

Revenue And Expenses
Liabilities / Revenue95th percentileNet Margin67th percentile

Revenue

Up

$1,453,653

Up $40,217 (+2.8%) from 2017

Expenses

Up

$1,303,096

Up $31,453 (+2.5%) from 2017

Net Income

Up

$150,557

Up $8,764 (+6.2%) from 2017

Historical Trend

Balance Sheet Trend

Asset Growth44th percentile

The highlighted filing sits inside the broader history for assets, liabilities, and net assets.

$10M$5.0M$0-$5.0MAssets 2010: $7,574,647Liabilities 2010: $8,854,436Net Assets 2010: -$1,279,7892010Assets 2011: $7,709,586Liabilities 2011: $8,998,069Net Assets 2011: -$1,288,4832011Assets 2012: $7,489,106Liabilities 2012: $8,800,100Net Assets 2012: -$1,310,9942012Assets 2013: $7,344,780Liabilities 2013: $8,681,734Net Assets 2013: -$1,336,9542013Assets 2014: $6,993,564Liabilities 2014: $8,341,387Net Assets 2014: -$1,347,8232014Assets 2015: $6,915,079Liabilities 2015: $8,152,369Net Assets 2015: -$1,237,2902015Assets 2016: $6,993,189Liabilities 2016: $8,115,802Net Assets 2016: -$1,122,6132016Assets 2017: $7,239,035Liabilities 2017: $8,219,855Net Assets 2017: -$980,8202017Assets 2018: $7,251,741Liabilities 2018: $8,082,004Net Assets 2018: -$830,2632018Assets 2019: $7,256,037Liabilities 2019: $7,942,397Net Assets 2019: -$686,3602019Assets 2020: $7,311,676Liabilities 2020: $7,800,135Net Assets 2020: -$488,4592020Assets 2021: $7,368,071Liabilities 2021: $7,617,628Net Assets 2021: -$249,5572021Assets 2022: $7,441,165Liabilities 2022: $7,603,926Net Assets 2022: -$162,7612022Assets 2024: $7,849,269Liabilities 2024: $7,250,801Net Assets 2024: $598,4682024

Highlighted filing

2018

Assets$7,251,741
Liabilities$8,082,004
Net Assets-$830,263
Open 2018 Filing

Operations Trend

Revenue Growth47th percentile

Revenue, expenses, and net income across loaded years, with this filing highlighted.

$2.0M$1.5M$1.0M$500K$0-$500KExpenses 2010: $1,124,3272010Expenses 2011: $1,115,9712011Expenses 2012: $1,151,7572012Expenses 2013: $1,211,5292013Revenue 2014: $1,204,322Expenses 2014: $1,215,191Net Income 2014: -$10,8692014Revenue 2015: $1,310,005Expenses 2015: $1,199,472Net Income 2015: $110,5332015Revenue 2016: $1,349,452Expenses 2016: $1,234,775Net Income 2016: $114,6772016Revenue 2017: $1,413,436Expenses 2017: $1,271,643Net Income 2017: $141,7932017Revenue 2018: $1,453,653Expenses 2018: $1,303,096Net Income 2018: $150,5572018Revenue 2019: $1,491,989Expenses 2019: $1,348,086Net Income 2019: $143,9032019Revenue 2020: $1,568,818Expenses 2020: $1,370,917Net Income 2020: $197,9012020Revenue 2021: $1,634,379Expenses 2021: $1,395,477Net Income 2021: $238,9022021Revenue 2022: $1,528,651Expenses 2022: $1,441,855Net Income 2022: $86,7962022Revenue 2024: $1,961,945Expenses 2024: $1,524,716Net Income 2024: $437,2292024

Highlighted filing

2018

Revenue$1,453,653
Expenses$1,303,096
Net Income$150,557
Open 2018 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2017 to Sep 30, 2018
Signed
Aug 7, 2019
Return Version
2017v2.2
Gross Receipts
$1,453,653
Mission and Program Overview

Mission

The mission of the organization is to honor god by enriching the lives and touching the hearts of older adults.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$4,958,941$4,716,278▼ $242,663
Savings and Temporary Cash Investments$1,111,296$1,322,939▲ $211,643
Investments Other Securities$1,014,716$1,086,702▲ $71,986
Intangible Assets$122,314$113,793▼ $8,521
Prepaid Expenses and Deferred Charges$29,805$8,527▼ $21,278
Accounts Receivable$1,846$2,817▲ $971
Cash and Non-Interest-Bearing Accounts-$0-
Other Notes and Loans Receivable, Net-$0-
Pledges and Grants Receivable-$0-
Receivable From Disqualified Prsn-$0-
Receivables From Officers Etc-$0-
Investments Program Related-$0-
Investments in Publicly Traded Securities-$0-
Inventories for Sale or Use-$0-
Total Assets$7,239,035$7,251,741▲ $12,706
Other Assets Total$117$685▲ $568
Liabilities
Tax Exempt Bond Liabilities$5,199,768$5,118,297▼ $81,471
Escrow Account Liability$2,756,259$2,725,336▼ $30,923
Accounts Payable and Accrued Expenses$263,828$238,371▼ $25,457
Total Liabilities$8,219,855$8,082,004▼ $137,851
Net Assets / Fund Balance
Unrestricted Net Assets$-980,820$-830,263▲ $150,557
Total Net Assets Fund Balance$-980,820$-830,263▲ $150,557
Total Liabilities and Net Assets / Fund Balance$7,239,035$7,251,741▲ $12,706

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,414,937$3,687,848$7,102,785
Equipment$715,212$313,062$1,028,274
Land$579,000-$579,000
Leasehold Improvements$7,129$40,718$47,847
Compensation and Service Providers
Top Officer Pay97th percentile

Board Members and Trustees

NameTitle
Dan LindhBoard Chair/CEO
John MehrkensBoard Thru 1/18
Mark MeyerSec/treas/CFO
Karen MckennaVP Human Resources
Teresa LarsonVP Human Resources
Michael BinghamVP Optage
William HagstromVP Shp
Sharon StricklerVP Site Operations
Revenue and Support

Revenue Composition

Contributions and Grants
$4,500
Program Service Revenue
$1,421,605
Investment Income
$18,022
Other Revenue
$9,526
Change in Net Assets
$150,557
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,132,851
Salaries, Compensation, and Employee Benefits$170,245
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$345,847--$345,847
Interest$313,036--$313,036
Occupancy$234,867--$234,867
Other Salaries and Wages$70,708$60,835-$131,543
Fees for Services Management-$69,741-$69,741
Insurance-$35,052-$35,052
Other Employee Benefits$14,346$12,220-$26,566
Office Expenses-$22,049-$22,049
Information Technology-$12,309-$12,309
Payroll Taxes$4,828$4,113-$8,941
Other Expenses$7,380$5,853-$7,380
Fees for Services Accounting-$4,500-$4,500
Pension Plan Contributions$1,725$1,470-$3,195
Advertising-$1,436-$1,436
Travel-$694-$694
Conferences and Meetings$106$90-$196
Total Functional Expenses$1,072,734$230,362$0$1,303,096
Fundraising, Events, and Gaming
Fundraising activities
No
Gaming activities
No
Professional fundraiser used
No

Fundraising and Gaming Totals

Line ItemAmount
Professional Fundraising Fees$0
Political and Lobbying Activity
Political campaign activity
No
Lobbying activity
No
Subject to proxy tax
No
Insider Transactions and Loans

Loans and Receivables

Line ItemBeginningEndChange
Receivables from Disqualified Persons-$0-
Receivables from Officers, Directors, Trustees, and Key Employees-$0-
Debt and Bond Financing

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACity of Bloomington Mn2008-07-30$5,685,000REFINANCE 1998 DEBT

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$5,685,000$5,571,300$566,703$113,700

Bond Financing Compliance

No rebate due
No
Rebate not yet due
No
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
Yes
Corrective action procedures
Yes
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
Yes
Business relationship with family members
No
Business relationship with organization members
No
Material changes to governing documents
No
Compensation from other sources disclosed
No
CEO compensation reviewed
No
Other officer compensation reviewed
No
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company

“Phs management, llc provides management services for the organization. Phs management, llc provides financial accounting, operational oversight, human resources, information technology, clinical nursing consultation, corporate compliance, coordinated advertising and marketing, staffing for fund development, and new business development.”

Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder

“The sole member of the organization is presbyterian homes housing & assisted living, inc.”

Form 990, Part VI, Line 11B: Form 990 Review Process

“The organization's 990 is provided to voting members of the governing body prior to filing with the irs. Officers and management of the organization have been involved in the preparation of the 990 and have reviewed the 990 throughout the process.”

Form 990, Part VI, Line 12C: Explanation of Monitoring and Enforcement of Conflicts

“The organization obtains annually written disclosure from governing body members, officers and key employees. Management and officers review these disclosures and evaluate whether the interest could result in a conflict and then take the necessary steps to remediate any such conflict.”

Form 990, Part VI, Line 19: Other Organization Documents Publicly Available

“The organization makes available its governing documents and conflict of interest policy upon request. Financial statements are available on the organization's website.”

Form 990, Part VII, Section A

“Sharing of hoursofficers & key employees share their hours between the filing organization and its related organizations.”

Filing and Contact Details

Filer

Filer Name
Phsshoreview Inc
EIN
31-1631264
Phone
6516316162
Address
2845 N HAMLINE AVE, ROSEVILLE, MN 55113

Signing Officer

Name
Mark Meyer
Title
CFO
Signed
2019-08-07

Organization Details

Principal Officer
Mark Meyer
Formed
1999
Legal Domicile
Mn
Voting Board Members
3
Independent Board Members
0
Employees
0
Volunteers
25
Supplemental Narrative

Financial Statement Notes

Part IV, Line 2B: Explanation of escrow account liability

“Resident notes are reported as long term asset and liability, respectively on the statements of the financial position. The contracts with the residents limit the total amount of deposits that the organization must return at ay one time. The maximum amounts is $250,000. If at any time the net amount it has been returned to former residents exceeds the amount that it has received from new tenants by the applicable maximum amount, the orgaization is not required to refund additional deposits until new deposits are collected bringing the amount owed under maximum amount.”

Part X : FIN48 Footnote

“The organization and its affiliates are generally exempt from income taxes under section 501(c)(3) of the internal revenue code and applicable sections of the state statutes; consequently, no provision has been made for income taxes. However, there are immaterial amounts of unrelated business income in certain affiliates that are taxable.the organization follows the accounting standard for contingencies in evaluating uncertain tax positions. The organization files information returns as a tax-exempt organization. Should that status be challenged in the future, all years since inception could be subject to review by the irs.”

Raw XML AppendixShowing 400 of 607 raw XML fields

This appendix keeps the raw XML leaves available for debugging and edge-case review. The human report above is the primary experience.

Path#Value
IRS990/AccountantCompileOrReviewInd0false
IRS990/AccountsPayableAccrExpnssGrp/BOYAmt0263828
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0238371
IRS990/AccountsReceivableGrp/BOYAmt01846
IRS990/AccountsReceivableGrp/EOYAmt02817
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0THE MISSION OF THE ORGANIZATION IS TO HONOR GOD BY ENRICHING THE LIVES AND TOUCHING THE HEARTS OF OLDER ADULTS.
IRS990/AdvertisingGrp/ManagementAndGeneralAmt01436
IRS990/AdvertisingGrp/TotalAmt01436
IRS990/AllAffiliatesIncludedInd0false
IRS990/AllOtherExpensesGrp/TotalAmt00
IRS990/AnnualDisclosureCoveredPrsnInd0true
IRS990/AuditCommitteeInd0true
IRS990/BackupWthldComplianceInd0true
IRS990/BenefitsToMembersGrp/TotalAmt00
IRS990/BooksInCareOfDetail/PersonNm0HEIDI PETERSON
IRS990/BooksInCareOfDetail/PhoneNum06516316162
IRS990/BooksInCareOfDetail/USAddress/AddressLine1Txt02845 N HAMLINE AVE
IRS990/BooksInCareOfDetail/USAddress/CityNm0ROSEVILLE
IRS990/BooksInCareOfDetail/USAddress/StateAbbreviationCd0MN
IRS990/BooksInCareOfDetail/USAddress/ZIPCd055113
IRS990/BusinessRlnWithFamMemInd0false
IRS990/BusinessRlnWithOfficerEntInd0false
IRS990/BusinessRlnWithOrgMemInd0false
IRS990/CashNonInterestBearingGrp/EOYAmt00
IRS990/ChangeToOrgDocumentsInd0false
IRS990/CntrctRcvdGreaterThan100KCnt00
IRS990/CollectionsOfArtInd0false
IRS990/CompCurrentOfcrDirectorsGrp/TotalAmt00
IRS990/CompDisqualPersonsGrp/TotalAmt00
IRS990/CompensationFromOtherSrcsInd0false
IRS990/CompensationProcessCEOInd0false
IRS990/CompensationProcessOtherInd0false
IRS990/ConferencesMeetingsGrp/ManagementAndGeneralAmt090
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0106
IRS990/ConferencesMeetingsGrp/TotalAmt0196
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0true
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt04500
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt018022
IRS990/CYOtherExpensesAmt01132851
IRS990/CYOtherRevenueAmt09526
IRS990/CYProgramServiceRevenueAmt01421605
IRS990/CYRevenuesLessExpensesAmt0150557
IRS990/CYSalariesCompEmpBnftPaidAmt0170245
IRS990/CYTotalExpensesAmt01303096
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01453653
IRS990/DAFExcessBusinessHoldingsInd0false
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0345847
IRS990/DepreciationDepletionGrp/TotalAmt0345847
IRS990/Desc0THE ORGANIZATION IS LOCATED N SHOREVIEW, MINNESOTA AND CONSISTS OF A 72 UNIT INDEPENDENT SENIOR APARTMENT BUILDING.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DistributionToDonorInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EmploymentTaxReturnsFiledInd0false
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt02756259
IRS990/EscrowAccountLiabilityGrp/EOYAmt02725336
IRS990/ExpenseAmt01072734
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04500
IRS990/FeesForServicesAccountingGrp/TotalAmt04500
IRS990/FeesForServicesLegalGrp/TotalAmt00
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt069741
IRS990/FeesForServicesManagementGrp/TotalAmt069741
IRS990/FeesForServicesOtherGrp/TotalAmt00
IRS990/FeesForServicesProfFundraising/TotalAmt00
IRS990/FeesForSrvcInvstMgmntFeesGrp/TotalAmt00
IRS990/ForeignActivitiesInd0false
IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignGrantsGrp/TotalAmt00
IRS990/ForeignOfficeInd0false
IRS990/Form1098CFiledInd0false
IRS990/Form8282FiledCnt00
IRS990/Form8282PropertyDisposedOfInd0false
IRS990/Form8899Filedind0false
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt039.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt139.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt239.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt339.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt439.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt539.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt639.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRltdOrgRt739.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt61.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt71.00
IRS990/Form990PartVIISectionAGrp/FormerOfcrDirectorTrusteeInd0X
IRS990/Form990PartVIISectionAGrp/FormerOfcrDirectorTrusteeInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd0X
IRS990/Form990PartVIISectionAGrp/KeyEmployeeInd1X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt031315
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt134527
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt232637
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt39545
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt418935
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt518067
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt628800
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt720065
IRS990/Form990PartVIISectionAGrp/PersonNm0DAN LINDH
IRS990/Form990PartVIISectionAGrp/PersonNm1JOHN MEHRKENS
IRS990/Form990PartVIISectionAGrp/PersonNm2MARK MEYER
IRS990/Form990PartVIISectionAGrp/PersonNm3WILLIAM HAGSTROM
IRS990/Form990PartVIISectionAGrp/PersonNm4SHARON STRICKLER
IRS990/Form990PartVIISectionAGrp/PersonNm5TERESA LARSON
IRS990/Form990PartVIISectionAGrp/PersonNm6KAREN MCKENNA
IRS990/Form990PartVIISectionAGrp/PersonNm7MICHAEL BINGHAM
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt60
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt70
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0821841
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1330471
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2383273
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3192759
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4326371
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt5245720
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt6277770
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt7331075
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1BOARD THRU 1/18
IRS990/Form990PartVIISectionAGrp/TitleTxt2SEC/TREAS/CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt3VP SHP
IRS990/Form990PartVIISectionAGrp/TitleTxt4VP SITE OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt5VP HUMAN RESOURCES
IRS990/Form990PartVIISectionAGrp/TitleTxt6VP HUMAN RESOURCES
IRS990/Form990PartVIISectionAGrp/TitleTxt7VP OPTAGE
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/Form990TFiledInd0false
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd0true
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01453653
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt012309
IRS990/InformationTechnologyGrp/TotalAmt012309
IRS990/InsuranceGrp/ManagementAndGeneralAmt035052
IRS990/InsuranceGrp/TotalAmt035052
IRS990/IntangibleAssetsGrp/BOYAmt0122314
IRS990/IntangibleAssetsGrp/EOYAmt0113793
IRS990/InterestGrp/ProgramServicesAmt0313036
IRS990/InterestGrp/TotalAmt0313036
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt018022
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt018022
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01014716
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01086702
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04041628
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04958941
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04716278
IRS990/LandBldgEquipCostOrOtherBssAmt08757906
IRS990/LegalDomicileStateCd0MN
IRS990/LicensedMoreThanOneStateInd0false
IRS990/LoanOutstandingInd0false
IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
IRS990/MethodOfAccountingAccrualInd0X
IRS990/MinutesOfCommitteesInd0true
IRS990/MinutesOfGoverningBodyInd0true
IRS990/MissionDesc0THE MISSION OF THE ORGANIZATION IS TO HONOR GOD BY ENRICHING THE LIVES AND TOUCHING THE HEARTS OF OLDER ADULTS.
IRS990/MoreThan5000KToIndividualsInd0false
IRS990/MoreThan5000KToOrgInd0false
IRS990/NetAssetsOrFundBalancesBOYAmt0-980820
IRS990/NetAssetsOrFundBalancesEOYAmt0-830263
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0234867
IRS990/OccupancyGrp/TotalAmt0234867
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt022049
IRS990/OfficeExpensesGrp/TotalAmt022049
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsSFAS117Ind0X
IRS990/OrgFiledInLieuOfForm1041Ind0false
IRS990/OtherAssetsTotalGrp/BOYAmt0117
IRS990/OtherAssetsTotalGrp/EOYAmt0685
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt012220
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt014346
IRS990/OtherEmployeeBenefitsGrp/TotalAmt026566
IRS990/OtherExpensesGrp/Desc0BUILDING - CONTRACTS/MAINT
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2FOOD
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt05853
IRS990/OtherExpensesGrp/ProgramServicesAmt075849
IRS990/OtherExpensesGrp/ProgramServicesAmt14042
IRS990/OtherExpensesGrp/ProgramServicesAmt27380
IRS990/OtherExpensesGrp/TotalAmt075849
IRS990/OtherExpensesGrp/TotalAmt19895
IRS990/OtherExpensesGrp/TotalAmt27380
IRS990/OtherRevenueMiscGrp/BusinessCd0722210
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0CULINARY INCOME
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt03099
IRS990/OtherRevenueMiscGrp/ExclusionAmt16427
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt03099
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt16427
IRS990/OtherRevenueTotalAmt09526
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt060835
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt070708
IRS990/OtherSalariesAndWagesGrp/TotalAmt0131543
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04113
IRS990/PayrollTaxesGrp/ProgramServicesAmt04828
IRS990/PayrollTaxesGrp/TotalAmt08941
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01470
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01725
IRS990/PensionPlanContributionsGrp/TotalAmt03195
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt029805
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08527
IRS990/PrincipalOfficerNm0MARK MEYER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0623000
IRS990/ProgramServiceRevenueGrp/Desc0RESIDENT SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01421605
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01421605
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt04500
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt027038
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01137446
IRS990/PYOtherRevenueAmt09571
IRS990/PYProgramServiceRevenueAmt01372327
IRS990/PYRevenuesLessExpensesAmt0141793
IRS990/PYSalariesCompEmpBnftPaidAmt0134197
IRS990/PYTotalExpensesAmt01271643
IRS990/PYTotalRevenueAmt01413436
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0150557
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt04500
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01421605
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01111296
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01322939
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt04500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt04500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt0900
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt09900
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt018022
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt027038
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt019616
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt015084
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt079760
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01421605
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01372327
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01314699
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01300645
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01179306
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt06588582
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt018022
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt027038
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt019616
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt015084
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt079760
IRS990ScheduleA/InvestmentIncomeCYPct00.01180
IRS990ScheduleA/InvestmentIncomePYPct00.01180
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt09526
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt09571
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt014237
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt09360
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt09932
IRS990ScheduleA/OtherIncome509Grp/TotalAmt052626
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.71760
IRS990ScheduleA/PublicSupportPY509Pct00.72150
IRS990ScheduleA/PublicSupportTotal509Amt04830268
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0376827
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0356478
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0355573
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0368036
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0311300
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt01768214
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0376827
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0356478
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0355573
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0368036
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0311300
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt01768214
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01426105
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01376827
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01315599
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01300645
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01179306
IRS990ScheduleA/Total509Grp/TotalAmt06598482
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01453653
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01413436
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01349452
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01310005
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01204322
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt06730868
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt03414937
IRS990ScheduleD/BuildingsGrp/DepreciationAmt03687848
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07102785
IRS990ScheduleD/EquipmentGrp/BookValueAmt0715212
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0313062
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt01028274
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/LandGrp/BookValueAmt0579000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0579000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt07129
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt040718
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt047847
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt0RESIDENT NOTES ARE REPORTED AS LONG TERM ASSET AND LIABILITY, RESPECTIVELY ON THE STATEMENTS OF THE FINANCIAL POSITION. THE CONTRACTS WITH THE RESIDENTS LIMIT THE TOTAL AMOUNT OF DEPOSITS THAT THE ORGANIZATION MUST RETURN AT AY ONE TIME. THE MAXIMUM AMOUNTS IS $250,000. IF AT ANY TIME THE NET AMOUNT IT HAS BEEN RETURNED TO FORMER RESIDENTS EXCEEDS THE AMOUNT THAT IT HAS RECEIVED FROM NEW TENANTS BY THE APPLICABLE MAXIMUM AMOUNT, THE ORGAIZATION IS NOT REQUIRED TO REFUND ADDITIONAL DEPOSITS UNTIL NEW DEPOSITS ARE COLLECTED BRINGING THE AMOUNT OWED UNDER MAXIMUM AMOUNT.
IRS990ScheduleD/SupplementalInformationDetail/ExplanationTxt1THE ORGANIZATION AND ITS AFFILIATES ARE GENERALLY EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE SECTIONS OF THE STATE STATUTES; CONSEQUENTLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. HOWEVER, THERE ARE IMMATERIAL AMOUNTS OF UNRELATED BUSINESS INCOME IN CERTAIN AFFILIATES THAT ARE TAXABLE.THE ORGANIZATION FOLLOWS THE ACCOUNTING STANDARD FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THE ORGANIZATION FILES INFORMATION RETURNS AS A TAX-EXEMPT ORGANIZATION. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION COULD BE SUBJECT TO REVIEW BY THE IRS.
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc0Part IV, Line 2b: Explanation of escrow account liability
IRS990ScheduleD/SupplementalInformationDetail/FormAndLineReferenceDesc1Part X : FIN48 Footnote
IRS990ScheduleD/TotalBookValueLandBuildingsAmt04716278
IRS990ScheduleD/TotalBookValueSecuritiesAmt01086702
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2018 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,251,741
Liabilities
$8,082,004
Net assets
-$830,263
Revenue
$1,453,653
Expenses
$1,303,096
Net income
$150,557
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.85$7.25$0.60$1.96$1.52$0.44
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.44$7.60$0.16$1.53$1.44$0.09
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.37$7.62$0.25$1.63$1.40$0.24
2020XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$7.31$7.80$0.49$1.57$1.37$0.20
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.26$7.94$0.69$1.49$1.35$0.14
2018Detailed filing. Detailed filing data is available for this year.$7.25$8.08$0.83$1.45$1.30$0.15
2017Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.24$8.22$0.98$1.41$1.27$0.14
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$6.99$8.12$1.12$1.35$1.23$0.11
2015Detailed filing. Detailed filing data is available for this year.$6.92$8.15$1.24$1.31$1.20$0.11
2014Detailed filing. Detailed filing data is available for this year.$6.99$8.34$1.35$1.20$1.22$0.01
2013Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.34$8.68$1.34$1.21
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.49$8.80$1.31$1.15
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.71$9.00$1.29$1.12
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$7.57$8.85$1.28$1.12