Civic Intelligence

Ebenezer Society

990 • Fiscal year 2019 • EIN 41-0706141

Jan 01, 2019 to Dec 31, 2019 • Filed on Sep 24, 2020

7505 Metro Boulevard Suite 100Edina, MN 55439

(612) 874-3460

Siviq Scores

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

Liabilities / Assets

80th percentile

0.67x

Higher debt load relative to assets than 80% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Liabilities / Revenue

78th percentile

1.31x

Higher debt load relative to revenue than 78% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Net Margin

60th percentile

6.6%

Higher net margin than 60% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Top Officer Pay

99th percentile

$3,556,986

Higher top officer pay than 99% of similar nonprofits.

Top officer pay equals 13.6% of source-year revenue.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Source year 2019

Asset Growth

76th percentile

14%

Faster asset growth than 76% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2018 to 2019

Revenue Growth

40th percentile

0.9%

Faster revenue growth than 40% of similar nonprofits.

2019 filings • 501(c)3 • $50M-$100M nonprofits • Annualized from 2018 to 2019

Assets

Up

$51,018,211

Up $6,361,173 (+14%) from 2018

Net Assets

Up

$16,882,371

Up $3,717,174 (+28%) from 2018

Liabilities

Up

$34,135,840

Up $2,643,999 (+8.4%) from 2018

Revenue

Up

$26,147,169

Up $234,963 (+0.9%) from 2018

Expenses

Down

$24,429,995

Down $415,251 (-1.7%) from 2018

Net Income

Up

$1,717,174

Up $650,214 (+61%) from 2018

Historical Trend

Balance Sheet Trend

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

$100M$50M$0-$50MAssets 2010: $18,257,327Liabilities 2010: $20,326,774Net Assets 2010: -$2,069,4472010Assets 2011: $19,689,438Liabilities 2011: $21,376,906Net Assets 2011: -$1,687,4682011Assets 2012: $23,466,949Liabilities 2012: $23,370,555Net Assets 2012: $96,3942012Assets 2013: $31,479,929Liabilities 2013: $31,335,932Net Assets 2013: $143,9972013Assets 2014: $42,071,790Liabilities 2014: $40,861,415Net Assets 2014: $1,210,3752014Assets 2015: $42,446,787Liabilities 2015: $41,173,799Net Assets 2015: $1,272,9882015Assets 2016: $40,324,455Liabilities 2016: $39,291,238Net Assets 2016: $1,033,2172016Assets 2017: $48,772,230Liabilities 2017: $36,673,993Net Assets 2017: $12,098,2372017Assets 2018: $44,657,038Liabilities 2018: $31,491,841Net Assets 2018: $13,165,1972018Assets 2019: $51,018,211Liabilities 2019: $34,135,840Net Assets 2019: $16,882,3712019Assets 2020: $57,975,705Liabilities 2020: $31,295,869Net Assets 2020: $26,679,8362020Assets 2021: $59,031,436Liabilities 2021: $32,314,015Net Assets 2021: $26,717,4212021Assets 2022: $61,531,272Liabilities 2022: $37,209,333Net Assets 2022: $24,321,9392022Assets 2023: $84,395,449Liabilities 2023: $61,468,983Net Assets 2023: $22,926,4662023Assets 2024: $79,568,516Liabilities 2024: $56,725,200Net Assets 2024: $22,843,3162024

Highlighted filing

2019

Assets$51,018,211
Liabilities$34,135,840
Net Assets$16,882,371

Operations Trend

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

$60M$40M$20M$0-$20MExpenses 2010: $11,892,0692010Expenses 2011: $11,164,7472011Expenses 2012: $12,607,2642012Revenue 2013: $12,189,676Expenses 2013: $12,303,405Net Income 2013: -$113,7292013Revenue 2014: $20,629,999Expenses 2014: $21,023,671Net Income 2014: -$393,6722014Revenue 2015: $20,689,996Expenses 2015: $20,784,834Net Income 2015: -$94,8382015Revenue 2016: $26,327,232Expenses 2016: $25,834,665Net Income 2016: $492,5672016Revenue 2017: $23,221,699Expenses 2017: $23,325,263Net Income 2017: -$103,5642017Revenue 2018: $25,912,206Expenses 2018: $24,845,246Net Income 2018: $1,066,9602018Revenue 2019: $26,147,169Expenses 2019: $24,429,995Net Income 2019: $1,717,1742019Revenue 2020: $25,443,075Expenses 2020: $26,512,308Net Income 2020: -$1,069,2332020Revenue 2021: $25,847,388Expenses 2021: $26,027,264Net Income 2021: -$179,8762021Revenue 2022: $27,335,084Expenses 2022: $26,708,145Net Income 2022: $626,9392022Revenue 2023: $44,726,636Expenses 2023: $48,146,227Net Income 2023: -$3,419,5912023Revenue 2024: $55,268,011Expenses 2024: $55,646,703Net Income 2024: -$378,6922024

Highlighted filing

2019

Revenue$26,147,169
Expenses$24,429,995
Net Income$1,717,174
Jump To
Filing Snapshot
Filing Period
Jan 1, 2019 to Dec 31, 2019
Signed
Sep 24, 2020
Return Version
2019v5.0
Gross Receipts
$26,147,169
Mission and Program Overview

Mission

Ebenezer helps older adults and others make their lives more independent, healthful, meaningful and secure. With our partners at Fairview Health Services, we provide access throughout Minnesota to a full range of housing options, community-based programs and services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$23,081,502$22,174,461▼ $907,041
Accounts Receivable$10,789,438$13,099,176▲ $2,309,738
Cash and Non-Interest-Bearing Accounts$8,359,760$11,388,065▲ $3,028,305
Investments Program Related$620,000$500,000▼ $120,000
Prepaid Expenses and Deferred Charges$383,308$422,135▲ $38,827
Inventories for Sale or Use$13,505$14,618▲ $1,113
Total Assets$44,657,038$51,018,211▲ $6,361,173
Other Assets Total$1,409,525$3,419,756▲ $2,010,231
Liabilities
Other Liabilities-$23,568,497-
Mortgage Notes Payable Secured by Investment Property$22,008,791--
Accounts Payable and Accrued Expenses$9,483,050$10,567,343▲ $1,084,293
Total Liabilities$31,491,841$34,135,840▲ $2,643,999
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$13,165,197$16,882,371▲ $3,717,174
Total Net Assets Fund Balance$13,165,197$16,882,371▲ $3,717,174
Total Liabilities and Net Assets / Fund Balance$44,657,038$51,018,211▲ $6,361,173

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$20,050,541$10,521,514$30,572,055
Equipment$877,498$2,661,949$3,539,447
Other Land Buildings$324,882$928,462$1,253,344
Land$921,540-$921,540
Other Assets Org$628,516--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseOtherTotal
James HerefordFhs Presiden--$3,556,986$3,556,986
Jonathan LundbergEb Pres, Sec--$519,360$519,360
James HerefordFhs President/CEO-$277,838$68,312$346,150
Susan FarrDirector-devFT$303,651$26,988$330,639
Carolyn JacobsonDirector-$261,232$69,407$330,639
Mark F ThomasFormer Eb Ce--$263,683$263,683
Joseph GaylordFhs VP, New--$257,741$257,741
Erin M HilliganEs VP OperatFT$243,198$6,585$249,783
Jonathan LundbergEb Pres, Secretary-$202,720$47,063$249,783
Jill AcostaEs Campus DiFT$163,525$26,528$190,053
Todd T WillettEbenezer CFOFT$137,585$52,468$190,053
Brian HolbrookEs Hpc DirecFT$148,163$20,714$168,877
Susan FarrDirector-development-$148,163$20,714$168,877
Connie BednarekEs ControlleFT$134,976$15,516$150,492
Mark F ThomasFormer Eb CEO-$134,976$15,516$150,492

Board Members and Trustees

NameTitle
Richard HowardChair
Kent EklundVice Chair
Carl RunckDirector
Gina DingmanDirector
Linda CollinsDirector
Robb GrumanDirector
Scott WordelmanDirector
Thomas R HokrDirector
Jeanne RipleyDirector, En
Nadette WaligoraDirector, Ne
Susan Carlson-weinbergDirector, Ne
Jill AcostaEs Campus Director
Brian HolbrookEs Hpc Director
Connie BednarekEs Controller
Erin M HilliganEs VP Operations
Joseph GaylordFhs VP, New 5-2019
Revenue and Support

Revenue Composition

Contributions and Grants
$126,036
Program Service Revenue
$19,456,142
Investment Income
$17,731
Other Revenue
$6,547,260
Change in Net Assets
$1,717,174
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Salaries, Compensation, and Employee Benefits$18,440,944
Other Expenses$5,989,051
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$11,498,242$3,816,785-$15,315,027
Occupancy$1,095,229$278,085-$1,373,314
Other Employee Benefits$1,253,237$99,990-$1,353,227
Depreciation Depletion-$1,217,067-$1,217,067
Payroll Taxes$799,034$399,044-$1,198,078
Interest-$896,530-$896,530
Fees for Services Management$45,404$457,960-$503,364
Current Officers, Directors, Trustees, and Key Employees-$325,582-$325,582
Pension Plan Contributions$135,348$113,682-$249,030
Office Expenses$163,765$63,573-$227,338
Other Expenses$8,477$122,235-$130,712
Conferences and Meetings$41,361$88,123-$129,484
Fees for Services Accounting-$124,700-$124,700
All Other Expenses$96,730--$96,730
Travel$14,609$17,617-$32,226
Advertising$532$22,248-$22,780
Fees for Services Legal-$45-$45
Total Functional Expenses$16,233,453$8,196,542$0$24,429,995
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
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Lt Debt$20,786,890
Other Lt Debt - Operating Leases$2,147,196
Lt Debt - Current$634,411
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
No
Key decisions subject to board approval
Yes
Management duties delegated
No

Governance Explanations

Form 990, Page 6, Part VI, Line 6

The members of this corporation shall consist solely and exclusively of the persons who constitute the directors of this corporation from time to time. When a person becomes a director of this corporation, such person shall concurrently with becoming such a director, automatically become and be a member of this corporation, and when a person ceases to be a director of this corporation, they shall concurrently with ceasing to be such a director, automatically cease to be a member of this corporation.

Form 990, Page 6, Part VI, Line 7A

The chair of the corporation shall be elected from and by the board of directors. The board of directors shall elect members to director positions and fill vacancies in elected director positions. The board of directors of this corporation shall elect members from the nominees made from the boards of each of the constituent organizations as listed in the bylaws of this corporation.

Form 990, Page 6, Part VI, Line 7B

Decisions are subject fairview health services reserve powers.

Form 990, Page 6, Part VI, Line 11B

The tax department conducts a detailed review of the completed return. The return is also reviewed by the president and cfo. The form 990 is subsequently presented to the board of directors. Upon approval from the board of directors, the form 990 is filed.

Form 990, Page 6, Part VI, Line 12C

Managers, directors and senior management are required to annually complete a duty of loyalty and conflict of interest statement in compliance with fairview's system conflict of interest policy. Disclosures are reviewed by the compliance department. Any conflicts of interest by board members are brought to the board for review.

Form 990, Page 6, Part VI, Line 15A

The determination of executive compensation of the organization is processed by the fairview system human resources committee and includes a review of comparability data, review by independent experts and contemporaneous substantiation of the deliberation and decision process.

Form 990, Page 6, Part VI, Line 15B

The determination of executive compensation of the organization is processed by the fairview system human resources committee and includes a review of comparability data, review by independent experts and contemporaneous substantiation of the deliberation and decision process.

Form 990, Page 6, Part VI, Line 19

Ebenezer society makes its governing documents, conflict of interest policy, and financial statements available to the public upon request and inspection of the documents is available at the corporate finance department.

Filing and Contact Details

Filer

Filer Name
Ebenezer Society
EIN
41-0706141
Phone
6128743460
Address
7505 METRO BOULEVARD SUITE 100, EDINA, MN 55439

Signing Officer

Name
Jonathan Lundberg
Title
Eb Pres, Secretary
Phone
6126724976
Signed
2020-09-24

Organization Details

Principal Officer
Jonathan Lundberg
Formed
1919
Legal Domicile
Mn
Voting Board Members
14
Independent Board Members
10
Employees
1,119

Preparer

Firm
Fairview Health Svcs
Address
2450 RIVERSIDE AVE S DEPT C-207 LE, MINNEAPOLIS, MN 55454-1450
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

Ebenezer helps older adults and others make their lives more independent, healthful, meaningful and secure. With our partners at fairview health services, we provide access throughout minnesota to a full range of housing options, community-based programs and services.

Form 990, Part XI, Line 9

Equity transfers 2,000,000

Financial Statement Notes

Schedule D, Page 3, Part X

Ebenezer society is part of fairview health services and recognizes all tax positions, including those positions in a previously filed tax return or a position expected to be taken in a future tax filing that is reflected in measuring current or deferred income tax assets and liabilities, when it is more likely than not (likelihood of greater than 50%) that, based on technical merits, the position will be sustained upon examination. There are no uncertain tax positions recorded in the consolidated balance sheets as of december 31, 2019 or 2018. Fairview has made reasonable estimates of the provision for income taxes and on existing deferred tax balances based on accounting guidance included in asc 740, income taxes. Ebenezer soeicty does not expect that there will be a significant change in the total amount of unrecognized tax benefits within the next 12 months.

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IRS990/Form990PartVIISectionAGrp/TitleTxt0FHS PRESIDEN
IRS990/Form990PartVIISectionAGrp/TitleTxt1DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt2EB PRES, SEC
IRS990/Form990PartVIISectionAGrp/TitleTxt3EBENEZER CFO
IRS990/Form990PartVIISectionAGrp/TitleTxt4DIRECTOR-DEV
IRS990/Form990PartVIISectionAGrp/TitleTxt5FORMER EB CE
IRS990/Form990PartVIISectionAGrp/TitleTxt6FHS VP, NEW
IRS990/Form990PartVIISectionAGrp/TitleTxt7ES VP OPERAT
IRS990/Form990PartVIISectionAGrp/TitleTxt8ES CAMPUS DI
IRS990/Form990PartVIISectionAGrp/TitleTxt9ES HPC DIREC
IRS990/Form990PartVIISectionAGrp/TitleTxt10ES CONTROLLE
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IRS990/Form990PartVIISectionAGrp/TitleTxt12DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt13DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt14VICE CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt15DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt16DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt17CHAIR
IRS990/Form990PartVIISectionAGrp/TitleTxt18DIRECTOR, EN
IRS990/Form990PartVIISectionAGrp/TitleTxt19DIRECTOR
IRS990/Form990PartVIISectionAGrp/TitleTxt20DIRECTOR, NE
IRS990/Form990PartVIISectionAGrp/TitleTxt21DIRECTOR
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IRS990/GrantsToIndividualsInd0false
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IRS990/LobbyingActivitiesInd0false
IRS990/LocalChaptersInd0false
IRS990/MaterialDiversionOrMisuseInd0false
IRS990/MembersOrStockholdersInd0true
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IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt2212987
IRS990/ProgramServiceRevenueGrp/RelatedOrExemptFuncIncomeAmt332284
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IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt1651581
IRS990/ProgramServiceRevenueGrp/TotalRevenueColumnAmt2212987
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IRS990/PYTotalExpensesAmt024845246
IRS990/PYTotalRevenueAmt025912206
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IRS990/ReportLandBuildingEquipmentInd0true
IRS990/ReportOtherAssetsInd0true

Document Assets

No mirrored PDF or thumbnail assets are attached yet.

Filings

Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$79.6$56.7$22.8$55.3$55.6$0.38
2023XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$84.4$61.5$22.9$44.7$48.1$3.42
2022XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$61.5$37.2$24.3$27.3$26.7$0.63
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$59.0$32.3$26.7$25.8$26.0$0.18
2020Facts available. Structured filing facts are available, but richer extracted sections are limited.$58.0$31.3$26.7$25.4$26.5$1.07
2019Detailed filing. Detailed filing data is available for this year.$51.0$34.1$16.9$26.1$24.4$1.72
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$44.7$31.5$13.2$25.9$24.8$1.07
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$48.8$36.7$12.1$23.2$23.3$0.10
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$40.3$39.3$1.03$26.3$25.8$0.49
2015XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$42.4$41.2$1.27$20.7$20.8$0.09
2014XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$42.1$40.9$1.21$20.6$21.0$0.39
2013Import issue. A filing source exists for this year, but detailed import did not complete cleanly.$31.5$31.3$0.14$12.2$12.3$0.11
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$23.5$23.4$0.10$12.6
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$19.7$21.4$1.69$11.2
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$18.3$20.3$2.07$11.9