Civic Intelligence

Phs Shoreview Inc.

990 • Fiscal year 2020 • EIN 31-1631264

Oct 01, 2019 to Sep 30, 2020 • Filed on Aug 12, 2021

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

1.07x

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

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Liabilities / Revenue

94th percentile

4.97x

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

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Net Margin

66th percentile

13%

Higher net margin than 66% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Source year 2020

Top Officer Pay

Score unavailable

No value available

This filing does not contain officer compensation rows.

Source year 2020

Asset Growth

32nd percentile

0.8%

Faster asset growth than 32% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Revenue Growth

58th percentile

5.1%

Faster revenue growth than 58% of similar nonprofits.

2020 filings • 501(c)3 • $5M-$10M nonprofits • Annualized from 2019 to 2020

Balance Sheet
Liabilities / Assets94th percentile

Assets

Up

$7,311,676

Up $55,639 (+0.8%) from 2019

Net Assets

Up

-$488,459

Up $197,901 (+29%) from 2019

Liabilities

Down

$7,800,135

Down $142,262 (-1.8%) from 2019

Revenue And Expenses
Liabilities / Revenue94th percentileNet Margin66th percentile

Revenue

Up

$1,568,818

Up $76,829 (+5.1%) from 2019

Expenses

Up

$1,370,917

Up $22,831 (+1.7%) from 2019

Net Income

Up

$197,901

Up $53,998 (+38%) from 2019

Historical Trend

Balance Sheet Trend

Asset Growth32nd 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

2020

Assets$7,311,676
Liabilities$7,800,135
Net Assets-$488,459
Open 2020 Filing

Operations Trend

Revenue Growth58th 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

2020

Revenue$1,568,818
Expenses$1,370,917
Net Income$197,901
Open 2020 Filing
Jump To
Filing Snapshot
Filing Period
Oct 1, 2019 to Sep 30, 2020
Signed
Aug 12, 2021
Return Version
2019v5.0
Gross Receipts
$1,568,818
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$4,589,199$4,330,873▼ $258,326
Savings and Temporary Cash Investments$1,396,442$1,669,244▲ $272,802
Investments Other Securities$1,146,529$1,203,640▲ $57,111
Intangible Assets$105,472$97,312▼ $8,160
Prepaid Expenses and Deferred Charges$8,553$8,578▲ $25
Accounts Receivable$9,730$1,920▼ $7,810
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$7,256,037$7,311,676▲ $55,639
Other Assets Total$112$109▼ $3
Liabilities
Tax Exempt Bond Liabilities$5,015,260$4,895,450▼ $119,810
Escrow Account Liability$2,655,663$2,575,678▼ $79,985
Accounts Payable and Accrued Expenses$271,474$329,007▲ $57,533
Total Liabilities$7,942,397$7,800,135▼ $142,262
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$-686,360$-488,459▲ $197,901
Total Net Assets Fund Balance$-686,360$-488,459▲ $197,901
Total Liabilities and Net Assets / Fund Balance$7,256,037$7,311,676▲ $55,639

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$3,044,070$4,120,123$7,164,193
Equipment$530,188$448,037$978,225
Land$579,000-$579,000
Leasehold Improvements$177,615$52,524$230,139
Compensation and Service Providers
Top Officer PayScore unavailable

Board Members and Trustees

NameTitle
Dan LindhBoard Chair/CEO
William HagstromBd Mem to 12/19
Mark MeyerSec/treas/CFO
Teresa LarsonSVP Human Resources
Duane LarsonSVP Operations
Jonathan FletcherVP Development
Revenue and Support

Revenue Composition

Contributions and Grants
$8,280
Program Service Revenue
$1,525,304
Investment Income
$28,381
Other Revenue
$6,853
All Other Contributions
$3,780
Change in Net Assets
$197,901
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$1,200,105
Salaries, Compensation, and Employee Benefits$170,812
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$354,586--$354,586
Interest$298,980--$298,980
Occupancy$274,391--$274,391
Other Salaries and Wages$68,754$65,717-$134,471
Fees for Services Management-$74,820-$74,820
Insurance-$30,873-$30,873
Office Expenses-$26,573-$26,573
Other Employee Benefits$12,203$11,725-$23,928
Information Technology-$20,196-$20,196
Payroll Taxes$4,578$4,399-$8,977
Other Expenses$5,416$7,809-$5,416
Fees for Services Accounting-$4,500-$4,500
Pension Plan Contributions$1,752$1,684-$3,436
Advertising-$756-$756
Travel$254$244-$498
Conferences and Meetings$115$111-$226
Fees for Services Legal-$55-$55
Total Functional Expenses$1,121,455$249,462$0$1,370,917
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$789,550$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 35% controlled entity
No
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
2021-08-12

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 577 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/BOYAmt0271474
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt0329007
IRS990/AccountsReceivableGrp/BOYAmt09730
IRS990/AccountsReceivableGrp/EOYAmt01920
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/ManagementAndGeneralAmt0756
IRS990/AdvertisingGrp/TotalAmt0756
IRS990/AllOtherContributionsAmt03780
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/BusinessRlnWith35CtrlEntInd0false
IRS990/BusinessRlnWithFamMemInd0false
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/ManagementAndGeneralAmt0111
IRS990/ConferencesMeetingsGrp/ProgramServicesAmt0115
IRS990/ConferencesMeetingsGrp/TotalAmt0226
IRS990/ConflictOfInterestPolicyInd0true
IRS990/ConservationEasementsInd0false
IRS990/ConsolidatedAuditFinclStmtInd0true
IRS990/CreditCounselingInd0true
IRS990/CYBenefitsPaidToMembersAmt00
IRS990/CYContributionsGrantsAmt08280
IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt028381
IRS990/CYOtherExpensesAmt01200105
IRS990/CYOtherRevenueAmt06853
IRS990/CYProgramServiceRevenueAmt01525304
IRS990/CYRevenuesLessExpensesAmt0197901
IRS990/CYSalariesCompEmpBnftPaidAmt0170812
IRS990/CYTotalExpensesAmt01370917
IRS990/CYTotalFundraisingExpenseAmt00
IRS990/CYTotalProfFndrsngExpnsAmt00
IRS990/CYTotalRevenueAmt01568818
IRS990/DecisionsSubjectToApprovaInd0false
IRS990/DeductibleArtContributionInd0false
IRS990/DeductibleNonCashContriInd0false
IRS990/DelegationOfMgmtDutiesInd0true
IRS990/DepreciationDepletionGrp/ProgramServicesAmt0354586
IRS990/DepreciationDepletionGrp/TotalAmt0354586
IRS990/Desc0THE ORGANIZATION IS LOCATED N SHOREVIEW, MINNESOTA AND CONSISTS OF A 72 UNIT INDEPENDENT SENIOR APARTMENT BUILDING.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
IRS990/DocumentRetentionPolicyInd0true
IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0true
IRS990/EmployeeCnt00
IRS990/EngagedInExcessBenefitTransInd0false
IRS990/EscrowAccountInd0false
IRS990/EscrowAccountLiabilityGrp/BOYAmt02655663
IRS990/EscrowAccountLiabilityGrp/EOYAmt02575678
IRS990/ExpenseAmt01121455
IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditRequiredInd0false
IRS990/FeesForServicesAccountingGrp/ManagementAndGeneralAmt04500
IRS990/FeesForServicesAccountingGrp/TotalAmt04500
IRS990/FeesForServicesLegalGrp/ManagementAndGeneralAmt055
IRS990/FeesForServicesLegalGrp/TotalAmt055
IRS990/FeesForServicesLobbyingGrp/TotalAmt00
IRS990/FeesForServicesManagementGrp/ManagementAndGeneralAmt074820
IRS990/FeesForServicesManagementGrp/TotalAmt074820
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/AverageHoursPerWeekRt01.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt11.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt21.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt31.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt41.00
IRS990/Form990PartVIISectionAGrp/AverageHoursPerWeekRt51.00
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd0X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd1X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd2X
IRS990/Form990PartVIISectionAGrp/IndividualTrusteeOrDirectorInd3X
IRS990/Form990PartVIISectionAGrp/OfficerInd0X
IRS990/Form990PartVIISectionAGrp/OfficerInd1X
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt023795
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt127331
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt215893
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt319162
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt426773
IRS990/Form990PartVIISectionAGrp/OtherCompensationAmt518803
IRS990/Form990PartVIISectionAGrp/PersonNm0DAN LINDH
IRS990/Form990PartVIISectionAGrp/PersonNm1MARK MEYER
IRS990/Form990PartVIISectionAGrp/PersonNm2JONATHAN FLETCHER
IRS990/Form990PartVIISectionAGrp/PersonNm3TERESA LARSON
IRS990/Form990PartVIISectionAGrp/PersonNm4DUANE LARSON
IRS990/Form990PartVIISectionAGrp/PersonNm5WILLIAM HAGSTROM
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt00
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt10
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt20
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt30
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt40
IRS990/Form990PartVIISectionAGrp/ReportableCompFromOrgAmt50
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt0898680
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt1434244
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt2326768
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt3312117
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt4278468
IRS990/Form990PartVIISectionAGrp/ReportableCompFromRltdOrgAmt5256717
IRS990/Form990PartVIISectionAGrp/TitleTxt0BOARD CHAIR/CEO
IRS990/Form990PartVIISectionAGrp/TitleTxt1SEC/TREAS/CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt2VP DEVELOPMENT
IRS990/Form990PartVIISectionAGrp/TitleTxt3SVP HUMAN RESOURCES
IRS990/Form990PartVIISectionAGrp/TitleTxt4SVP OPERATIONS
IRS990/Form990PartVIISectionAGrp/TitleTxt5BD MEM TO 12/19
IRS990/Form990ProvidedToGvrnBodyInd0true
IRS990/FormationYr01999
IRS990/FormerOfcrEmployeesListedInd0false
IRS990/FSAuditedBasisGrp/ConsolidatedBasisFinclStmtInd0X
IRS990/FSAuditedInd0true
IRS990/FundraisingActivitiesInd0false
IRS990/GamingActivitiesInd0false
IRS990/GoverningBodyVotingMembersCnt03
IRS990/GrantsToDomesticIndividualsGrp/TotalAmt00
IRS990/GrantsToDomesticOrgsGrp/TotalAmt00
IRS990/GrantsToIndividualsInd0false
IRS990/GrantsToOrganizationsInd0false
IRS990/GrantToRelatedPersonInd0false
IRS990/GrossReceiptsAmt01568818
IRS990/GroupReturnForAffiliatesInd0false
IRS990/IncludeFIN48FootnoteInd0true
IRS990/IncmFromInvestBondProceedsGrp/TotalRevenueColumnAmt00
IRS990/IndependentAuditFinclStmtInd0false
IRS990/IndependentVotingMemberCnt00
IRS990/IndivRcvdGreaterThan100KCnt00
IRS990/IndoorTanningServicesInd0false
IRS990/InfoInScheduleOPartVIInd0X
IRS990/InformationTechnologyGrp/ManagementAndGeneralAmt020196
IRS990/InformationTechnologyGrp/TotalAmt020196
IRS990/InsuranceGrp/ManagementAndGeneralAmt030873
IRS990/InsuranceGrp/TotalAmt030873
IRS990/IntangibleAssetsGrp/BOYAmt0105472
IRS990/IntangibleAssetsGrp/EOYAmt097312
IRS990/InterestGrp/ProgramServicesAmt0298980
IRS990/InterestGrp/TotalAmt0298980
IRS990/InventoriesForSaleOrUseGrp/EOYAmt00
IRS990/InvestmentIncomeGrp/ExclusionAmt028381
IRS990/InvestmentIncomeGrp/TotalRevenueColumnAmt028381
IRS990/InvestmentInJointVentureInd0false
IRS990/InvestmentsOtherSecuritiesGrp/BOYAmt01146529
IRS990/InvestmentsOtherSecuritiesGrp/EOYAmt01203640
IRS990/InvestmentsProgramRelatedGrp/EOYAmt00
IRS990/InvestmentsPubTradedSecGrp/EOYAmt00
IRS990/InvestTaxExemptBondsInd0false
IRS990/IRPDocumentCnt07
IRS990/IRPDocumentW2GCnt00
IRS990/LandBldgEquipAccumDeprecAmt04620684
IRS990/LandBldgEquipBasisNetGrp/BOYAmt04589199
IRS990/LandBldgEquipBasisNetGrp/EOYAmt04330873
IRS990/LandBldgEquipCostOrOtherBssAmt08951557
IRS990/LegalDomicileStateCd0MN
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/NetAssetsOrFundBalancesBOYAmt0-686360
IRS990/NetAssetsOrFundBalancesEOYAmt0-488459
IRS990/NetGainOrLossInvestmentsGrp/TotalRevenueColumnAmt00
IRS990/NetIncmFromFundraisingEvtGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeFromGamingGrp/TotalRevenueColumnAmt00
IRS990/NetIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NetRentalIncomeOrLossGrp/TotalRevenueColumnAmt00
IRS990/NoDonorRestrictionNetAssetsGrp/BOYAmt0-686360
IRS990/NoDonorRestrictionNetAssetsGrp/EOYAmt0-488459
IRS990/NondeductibleContributionsInd0false
IRS990/OccupancyGrp/ProgramServicesAmt0274391
IRS990/OccupancyGrp/TotalAmt0274391
IRS990/OfficeExpensesGrp/ManagementAndGeneralAmt026573
IRS990/OfficeExpensesGrp/TotalAmt026573
IRS990/OfficerMailingAddressInd0false
IRS990/OnBehalfOfIssuerInd0false
IRS990/OperateHospitalInd0false
IRS990/Organization501c3Ind0X
IRS990/OrganizationFollowsFASB117Ind0X
IRS990/OtherAssetsTotalGrp/BOYAmt0112
IRS990/OtherAssetsTotalGrp/EOYAmt0109
IRS990/OtherEmployeeBenefitsGrp/ManagementAndGeneralAmt011725
IRS990/OtherEmployeeBenefitsGrp/ProgramServicesAmt012203
IRS990/OtherEmployeeBenefitsGrp/TotalAmt023928
IRS990/OtherExpensesGrp/Desc0BUILDING - CONTRACTS/MAINT
IRS990/OtherExpensesGrp/Desc1MISCELLANEOUS
IRS990/OtherExpensesGrp/Desc2FOOD
IRS990/OtherExpensesGrp/ManagementAndGeneralAmt07809
IRS990/OtherExpensesGrp/ProgramServicesAmt095709
IRS990/OtherExpensesGrp/ProgramServicesAmt14717
IRS990/OtherExpensesGrp/ProgramServicesAmt25416
IRS990/OtherExpensesGrp/TotalAmt095709
IRS990/OtherExpensesGrp/TotalAmt112526
IRS990/OtherExpensesGrp/TotalAmt25416
IRS990/OtherRevenueMiscGrp/BusinessCd0722210
IRS990/OtherRevenueMiscGrp/BusinessCd1900099
IRS990/OtherRevenueMiscGrp/Desc0CULINARY INCOME
IRS990/OtherRevenueMiscGrp/Desc1MISCELLANEOUS INCOME
IRS990/OtherRevenueMiscGrp/ExclusionAmt01071
IRS990/OtherRevenueMiscGrp/ExclusionAmt15782
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt01071
IRS990/OtherRevenueMiscGrp/TotalRevenueColumnAmt15782
IRS990/OtherRevenueTotalAmt06853
IRS990/OtherSalariesAndWagesGrp/ManagementAndGeneralAmt065717
IRS990/OtherSalariesAndWagesGrp/ProgramServicesAmt068754
IRS990/OtherSalariesAndWagesGrp/TotalAmt0134471
IRS990/OthNotesLoansReceivableNetGrp/EOYAmt00
IRS990/PartialLiquidationInd0false
IRS990/PaymentsToAffiliatesGrp/TotalAmt00
IRS990/PayPremiumsPrsnlBnftCntrctInd0false
IRS990/PayrollTaxesGrp/ManagementAndGeneralAmt04399
IRS990/PayrollTaxesGrp/ProgramServicesAmt04578
IRS990/PayrollTaxesGrp/TotalAmt08977
IRS990/PensionPlanContributionsGrp/ManagementAndGeneralAmt01684
IRS990/PensionPlanContributionsGrp/ProgramServicesAmt01752
IRS990/PensionPlanContributionsGrp/TotalAmt03436
IRS990/PledgesAndGrantsReceivableGrp/EOYAmt00
IRS990/PoliticalCampaignActyInd0false
IRS990/PrepaidExpensesDefrdChargesGrp/BOYAmt08553
IRS990/PrepaidExpensesDefrdChargesGrp/EOYAmt08578
IRS990/PrincipalOfficerNm0MARK MEYER
IRS990/ProfessionalFundraisingInd0false
IRS990/ProgramServiceRevenueGrp/BusinessCd0623000
IRS990/ProgramServiceRevenueGrp/Desc0RESIDENT SERVICES
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt01525304
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt01525304
IRS990/ProhibitedTaxShelterTransInd0false
IRS990/PYContributionsGrantsAmt011550
IRS990/PYExcessBenefitTransInd0false
IRS990/PYInvestmentIncomeAmt021126
IRS990/PymtTravelEntrtnmntPubOfclGrp/TotalAmt00
IRS990/PYOtherExpensesAmt01177994
IRS990/PYOtherRevenueAmt09915
IRS990/PYProgramServiceRevenueAmt01449398
IRS990/PYRevenuesLessExpensesAmt0143903
IRS990/PYSalariesCompEmpBnftPaidAmt0170092
IRS990/PYTotalExpensesAmt01348086
IRS990/PYTotalRevenueAmt01491989
IRS990/QuidProQuoContributionsInd0false
IRS990/RcvblFromDisqualifiedPrsnGrp/EOYAmt00
IRS990/RcvFndsToPayPrsnlBnftCntrctInd0false
IRS990/ReceivablesFromOfficersEtcGrp/EOYAmt00
IRS990/ReconcilationRevenueExpnssAmt0197901
IRS990/RegularMonitoringEnfrcInd0true
IRS990/RelatedEntityInd0true
IRS990/RelatedOrganizationCtrlEntInd0false
IRS990/RelatedOrganizationsAmt04500
IRS990/ReportInvestmentsOtherSecInd0true
IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0false
IRS990/ReportOtherLiabilitiesInd0false
IRS990/ReportProgramRelatedInvstInd0false
IRS990/RevenueAmt01525304
IRS990/RoyaltiesGrp/TotalAmt00
IRS990/RoyaltiesRevenueGrp/TotalRevenueColumnAmt00
IRS990/SavingsAndTempCashInvstGrp/BOYAmt01396442
IRS990/SavingsAndTempCashInvstGrp/EOYAmt01669244
IRS990ScheduleA/AmountsRcvdDsqlfyPersonGrp/TotalAmt00
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearAmt08280
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus1YearAmt011550
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus2YearsAmt04500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus3YearsAmt04500
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/CurrentTaxYearMinus4YearsAmt0900
IRS990ScheduleA/GiftsGrantsContrisRcvd509Grp/TotalAmt029730
IRS990ScheduleA/GovtFurnSrvcFcltsVl509Grp/TotalAmt00
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearAmt028381
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus1YearAmt021126
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus2YearsAmt018022
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus3YearsAmt027038
IRS990ScheduleA/GrossInvestmentIncome509Grp/CurrentTaxYearMinus4YearsAmt019616
IRS990ScheduleA/GrossInvestmentIncome509Grp/TotalAmt0114183
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearAmt01525304
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus1YearAmt01449398
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus2YearsAmt01421605
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus3YearsAmt01372327
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/CurrentTaxYearMinus4YearsAmt01314699
IRS990ScheduleA/GrossReceiptsAdmissionsGrp/TotalAmt07083333
IRS990ScheduleA/GrossReceiptsNonUnrltBusGrp/TotalAmt00
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearAmt028381
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus1YearAmt021126
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus2YearsAmt018022
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus3YearsAmt027038
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/CurrentTaxYearMinus4YearsAmt019616
IRS990ScheduleA/InvestmentIncomeAndUBTIGrp/TotalAmt0114183
IRS990ScheduleA/InvestmentIncomeCYPct00.01570
IRS990ScheduleA/InvestmentIncomePYPct00.01220
IRS990ScheduleA/NetIncomeFromOtherUBIGrp/TotalAmt00
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearAmt06853
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus1YearAmt09915
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus2YearsAmt09526
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus3YearsAmt09571
IRS990ScheduleA/OtherIncome509Grp/CurrentTaxYearMinus4YearsAmt014237
IRS990ScheduleA/OtherIncome509Grp/TotalAmt050102
IRS990ScheduleA/Post1975UBTIGrp/TotalAmt00
IRS990ScheduleA/PubliclySupportedOrg509a2Ind0X
IRS990ScheduleA/PublicSupportCY509Pct00.71970
IRS990ScheduleA/PublicSupportPY509Pct00.71800
IRS990ScheduleA/PublicSupportTotal509Amt05237153
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearAmt0403077
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus1YearAmt0383955
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus2YearsAmt0376827
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus3YearsAmt0356478
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/CurrentTaxYearMinus4YearsAmt0355573
IRS990ScheduleA/SubstAndDsqlfyPrsnsTotGrp/TotalAmt01875910
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearAmt0403077
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus1YearAmt0383955
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus2YearsAmt0376827
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus3YearsAmt0356478
IRS990ScheduleA/SubstantialContributorsAmtGrp/CurrentTaxYearMinus4YearsAmt0355573
IRS990ScheduleA/SubstantialContributorsAmtGrp/TotalAmt01875910
IRS990ScheduleA/TaxRevLeviedOrgnztnlBnft509Grp/TotalAmt00
IRS990ScheduleA/ThirtyThrPctSuprtTestsCY509Ind0X
IRS990ScheduleA/Total509Grp/CurrentTaxYearAmt01533584
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus1YearAmt01460948
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus2YearsAmt01426105
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus3YearsAmt01376827
IRS990ScheduleA/Total509Grp/CurrentTaxYearMinus4YearsAmt01315599
IRS990ScheduleA/Total509Grp/TotalAmt07113063
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearAmt01568818
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus1YearAmt01491989
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus2YearsAmt01453653
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus3YearsAmt01413436
IRS990ScheduleA/TotalSupportCalendarYearGrp/CurrentTaxYearMinus4YearsAmt01349452
IRS990ScheduleA/TotalSupportCalendarYearGrp/TotalAmt07277348
IRS990/ScheduleBRequiredInd0false
IRS990ScheduleD/AgentTrusteeEtcInd0false
IRS990ScheduleD/BuildingsGrp/BookValueAmt03044070
IRS990ScheduleD/BuildingsGrp/DepreciationAmt04120123
IRS990ScheduleD/BuildingsGrp/OtherCostOrOtherBasisAmt07164193
IRS990ScheduleD/EquipmentGrp/BookValueAmt0530188
IRS990ScheduleD/EquipmentGrp/DepreciationAmt0448037
IRS990ScheduleD/EquipmentGrp/OtherCostOrOtherBasisAmt0978225
IRS990ScheduleD/ExplanationProvidedInd0X
IRS990ScheduleD/FootnoteTextInd0X
IRS990ScheduleD/InclEscrowCustodialAcctLiabInd0true
IRS990ScheduleD/LandGrp/BookValueAmt0579000
IRS990ScheduleD/LandGrp/OtherCostOrOtherBasisAmt0579000
IRS990ScheduleD/LeaseholdImprovementsGrp/BookValueAmt0177615
IRS990ScheduleD/LeaseholdImprovementsGrp/DepreciationAmt052524
IRS990ScheduleD/LeaseholdImprovementsGrp/OtherCostOrOtherBasisAmt0230139
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/TotalBookValueLandBuildingsAmt04330873
IRS990ScheduleD/TotalBookValueSecuritiesAmt01203640
IRS990ScheduleJ/AnyNonFixedPaymentsInd0false
IRS990ScheduleJ/CompBasedOnRevenueOfFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsFlngOrgInd0false
IRS990ScheduleJ/CompBsdNetEarnsRltdOrgsInd0false
IRS990ScheduleJ/CompBsdOnRevRelatedOrgsInd0false
IRS990ScheduleJ/EquityBasedCompArrngmInd0false
IRS990ScheduleJ/InitialContractExceptionInd0false
IRS990/ScheduleJRequiredInd0true
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt0898680
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt1278468
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt2326768
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt3434244
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt4312117
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/CompensationBasedOnRltdOrgsAmt5256717
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt014000
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt113442
IRS990ScheduleJ/RltdOrgOfficerTrstKeyEmplGrp/DeferredCompRltdOrgsAmt24915

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Displayed year

2020 • Form 990Detailed filing. Detailed filing data is available for this year.

Open filing
Assets
$7,311,676
Liabilities
$7,800,135
Net assets
-$488,459
Revenue
$1,568,818
Expenses
$1,370,917
Net income
$197,901
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
2020Detailed filing. Detailed filing data is available for this year.$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
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$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