Civic Intelligence

Park Ridge Housing

EIN 41-1826735 • 501(c)3 • Morris, MN

Profile

To provide elderly and disabled persons with housing facilities and services specially designed to meet their physical, social, and psychological needs, and to promote their health, security, happiness, and usefulness in longer living.

801 Nevada AveMorris, MN 56267

www.threelinks.org

Siviq Scores

Precomputed percentiles relative to similar nonprofits. These scores are descriptive rather than judgmental.

Liabilities / Assets

52nd percentile

0.08x

Higher debt load relative to assets than 52% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Liabilities / Revenue

88th percentile

0.96x

Higher debt load relative to revenue than 88% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Net Margin

14th percentile

-22%

Higher net margin than 14% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Top Officer Pay

96th percentile

$351,847

Higher top officer pay than 96% of similar nonprofits.

Top officer pay equals 205.0% of source-year revenue.

501(c)3 • $1M-$5M nonprofits • Source year 2024

Asset Growth

96th percentile

119%

Faster asset growth than 96% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Revenue Growth

38th percentile

1.1%

Faster revenue growth than 38% of similar nonprofits.

501(c)3 • $1M-$5M nonprofits • Annualized from 2023 to 2024

Balance Sheet
Liabilities / Assets52nd percentile

Assets

Up

$2,106,034

Up $1,144,388 (+119%) from 2023

Liabilities

Up

$165,012

Up $21,761 (+15%) from 2023

Net Assets

Up

$1,941,022

Up $1,122,627 (+137%) from 2023

Operations
Liabilities / Revenue88th percentileNet Margin14th percentile

Revenue

Up

$171,640

Up $1,931 (+1.1%) from 2023

Expenses

Up

$209,246

Up $5,387 (+2.6%) from 2023

Net Income

Down

-$37,606

Down $3,456 (-10%) from 2023

Trend Graphs

Balance Sheet Trend

Asset Growth96th percentile

Grouped bars show assets, liabilities, and net assets across loaded filings.

$3.0M$2.0M$1.0M$0Assets 2010: $1,188,628Liabilities 2010: $21,131Net Assets 2010: $1,167,4972010Assets 2011: $1,156,558Liabilities 2011: $29,391Net Assets 2011: $1,127,1672011Assets 2012: $1,103,910Liabilities 2012: $14,526Net Assets 2012: $1,089,3842012Assets 2013: $1,071,463Liabilities 2013: $17,876Net Assets 2013: $1,053,5872013Assets 2014: $1,033,713Liabilities 2014: $24,238Net Assets 2014: $1,009,4752014Assets 2015: $989,248Liabilities 2015: $26,227Net Assets 2015: $963,0212015Assets 2016: $946,776Liabilities 2016: $42,145Net Assets 2016: $904,6312016Assets 2017: $906,736Liabilities 2017: $25,252Net Assets 2017: $881,4842017Assets 2018: $881,086Liabilities 2018: $26,985Net Assets 2018: $854,1012018Assets 2019: $894,396Liabilities 2019: $46,956Net Assets 2019: $847,4402019Assets 2020: $948,030Liabilities 2020: $122,726Net Assets 2020: $825,3042020Assets 2021: $826,258Liabilities 2021: $31,569Net Assets 2021: $794,6892021Assets 2022: $911,068Liabilities 2022: $58,523Net Assets 2022: $852,5452022Assets 2023: $961,646Liabilities 2023: $143,251Net Assets 2023: $818,3952023Assets 2024: $2,106,034Liabilities 2024: $165,012Net Assets 2024: $1,941,0222024

Highlighted filing

2024

Assets$2,106,034
Liabilities$165,012
Net Assets$1,941,022
Open 2024 Filing

Operations Trend

Revenue Growth38th percentile

Revenue, expenses, and net income by year, with the latest filing highlighted.

$300K$200K$100K$0-$100KExpenses 2010: $150,5962010Expenses 2011: $158,0872011Expenses 2012: $158,7382012Revenue 2013: $122,833Expenses 2013: $158,630Net Income 2013: -$35,7972013Revenue 2014: $119,235Expenses 2014: $163,347Net Income 2014: -$44,1122014Revenue 2015: $120,662Expenses 2015: $167,116Net Income 2015: -$46,4542015Revenue 2016: $123,960Expenses 2016: $182,350Net Income 2016: -$58,3902016Revenue 2017: $133,511Expenses 2017: $156,658Net Income 2017: -$23,1472017Revenue 2018: $138,454Expenses 2018: $165,838Net Income 2018: -$27,3842018Revenue 2019: $154,141Expenses 2019: $160,802Net Income 2019: -$6,6612019Revenue 2020: $161,949Expenses 2020: $184,085Net Income 2020: -$22,1362020Revenue 2021: $153,309Expenses 2021: $183,924Net Income 2021: -$30,6152021Revenue 2022: $253,174Expenses 2022: $195,318Net Income 2022: $57,8562022Revenue 2023: $169,709Expenses 2023: $203,859Net Income 2023: -$34,1502023Revenue 2024: $171,640Expenses 2024: $209,246Net Income 2024: -$37,6062024

Highlighted filing

2024

Revenue$171,640
Expenses$209,246
Net Income-$37,606
Open 2024 Filing

Filings

Most recent year

2024 • Form 990Facts available. Structured filing facts are available, but richer extracted sections are limited.

Open filing
Assets
$2,106,034
Liabilities
$165,012
Net assets
$1,941,022
Revenue
$171,640
Expenses
$209,246
Net income
-$37,606
Balance SheetOperations
YearAssetsLiabilitiesNet AssetsRevenueExpensesNet Income
2024Facts available. Structured filing facts are available, but richer extracted sections are limited.$2.11$0.17$1.94$0.17$0.21$0.04
2023Summary only. Only limited summary data is available for this year.$0.96$0.14$0.82$0.17$0.20$0.03
2022Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.91$0.06$0.85$0.25$0.20$0.06
2021XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.83$0.03$0.79$0.15$0.18$0.03
2020Summary only. Only limited summary data is available for this year.$0.95$0.12$0.83$0.16$0.18$0.02
2019Facts available. Structured filing facts are available, but richer extracted sections are limited.$0.89$0.05$0.85$0.15$0.16$0.01
2018XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.88$0.03$0.85$0.14$0.17$0.03
2017XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.91$0.03$0.88$0.13$0.16$0.02
2016XML pending. An XML filing is linked for this year, but detailed extraction is still pending.$0.95$0.04$0.90$0.12$0.18$0.06
2015Detailed filing. Detailed filing data is available for this year.$0.99$0.03$0.96$0.12$0.17$0.05
2014Detailed filing. Detailed filing data is available for this year.$1.03$0.02$1.01$0.12$0.16$0.04
2013Detailed filing. Detailed filing data is available for this year.$1.07$0.02$1.05$0.12$0.16$0.04
2012Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.10$0.01$1.09$0.16
2011Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.16$0.03$1.13$0.16
2010Facts available. Structured filing facts are available, but richer extracted sections are limited.$1.19$0.02$1.17$0.15
Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Sep 30, 2024
Signed
May 8, 2025
Return Version
2024v5.0
Gross Receipts
$171,640
Mission and Program Overview

Mission

To provide elderly and disabled persons with housing facilities and services specially designed to meet their physical, social, and psychological needs, and to promote their health, security, happiness, and usefulness in longer living.

Provide elderly & disabled persons with housing facilities and services.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$797,034$1,914,932▲ $1,117,898
Accounts Receivable$19,101$26,752▲ $7,651
Cash and Non-Interest-Bearing Accounts$29,805$23,785▼ $6,020
Prepaid Expenses and Deferred Charges-$30-
Total Assets$961,646$2,106,034▲ $1,144,388
Other Assets Total$115,706$140,535▲ $24,829
Liabilities
Other Liabilities$131,364$141,185▲ $9,821
Accounts Payable and Accrued Expenses$1,064$12,382▲ $11,318
Escrow Account Liability$9,254$9,876▲ $622
Deferred Revenue$1,569$1,569→ $0
Total Liabilities$143,251$165,012▲ $21,761
Net Assets / Fund Balance
Net Assets Without Donor Restrictions$818,395$1,941,022▲ $1,122,627
Total Net Assets Fund Balance$818,395$1,941,022▲ $1,122,627
Total Liabilities and Net Assets / Fund Balance$961,646$2,106,034▲ $1,144,388

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$1,648,680$71,046$1,719,726
Land$261,000-$261,000
Equipment$5,252$530$5,782
Other Assets Org$5,601--
Compensation and Service Providers
Top Officer Pay96th percentile

Employees

NameTitleOtherTotal
Mari B ChambersVP of Financ$208,661$208,661
Michelle M HannekenSnf Director$173,441$173,441
Chad MeyerVP of Beh-de$170,206$170,206
Lucas KoehntopPrinciple It$160,804$160,804
Roxanne HejhalVP of Hr$148,305$148,305
Lois BittnerDirector of$146,737$146,737
Sherry WagnerController I$142,942$142,942
Reed P HofmannVP of Iss$132,390$132,390
Ben RyanConstruction$112,131$112,131
Brian P BurkeExecutive Pr$101,578$101,578

Board Members and Trustees

NameTitle
Jennifer Ann GoodnoughChair
Patrick NelsonVice Chair
Daniel DrippsDirector
Doug EhlersDirector
Father Todd SchneiderDirector
Gary MiesslerDirector
Jennifer Jeanne SealesDirector
Joan ReicoskyDirector
John LuetmerDirector
Laura RentzDirector
Paul RentzDirector
Timothy GrammDirector
Christine M BakkeRegional Director
Geoffrey RyanRegional Director
Michelle M HannekenSnf Director of Qual
Carol RawCEO
Lucas KoehntopPrinciple It Analyst
Lorraine WieseSecr. / Tres
Chad MeyerVP of Beh-dev Servic
Curtis BachVP of Financ
Mari B ChambersVP of Finance/CFO
Camilla Peterson-devriesVP of Ss
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$164,654
Investment Income
$109
Other Revenue
$6,877
Change in Net Assets
$-37,606

Audited Revenue Reconciliation

Revenue per Audited Statements
$171,640
Total Revenue per Audited Statements
$171,640
Total Revenue per Form 990
$171,640
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$168,992
Salaries, Compensation, and Employee Benefits$40,254
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Depreciation Depletion$67,997$3,579-$71,576
Other Salaries and Wages$10,210$22,725-$32,935
Fees for Services Accounting-$19,000-$19,000
Occupancy$18,061--$18,061
Office Expenses$10,526$2,064-$12,590
Insurance-$12,146-$12,146
Fees for Services Management-$6,996-$6,996
Other Employee Benefits-$4,306-$4,306
Payroll Taxes$740$1,652-$2,392
Other Expenses$1,619$13,099-$1,619
All Other Expenses$610$513-$1,123
Conferences and Meetings$655--$655
Pension Plan Contributions-$621-$621
Fees for Services Other-$153-$153
Interest$52--$52
Total Functional Expenses$122,392$86,854$0$209,246

Audited Expense Reconciliation

Line ItemAmount
Expenses per Audited Statements$209,246
Total Expenses per Audited Statements$209,246
Total Expenses per Form 990$209,246
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

Interested-Person Transactions

Interested PartyRelationshipDescriptionShared RevenueAmount
Elizabeth Letich - Daughter ofCarol Raw, CEOEmpl -admin FhsNo$131,619
Samuel Blevins - Son of RoseanneBlevins, DonEmpl - ChsNo$2,317
Vicki Koschak - Sibling of ChesterFischel, DhsEmpl - DhsNo$1,920
Debt and Bond Financing

Other Reported Liabilities

LiabilityAmount
Due to Related Organizations$135,584
Lease Liabilities$5,601
Governance and Compliance

Governance Checklist

Compiled or reviewed by an accountant
No
Annual disclosure for covered persons
Yes
Audit committee
Yes
Backup withholding compliance
No
Business relationship with 35% controlled entity
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
No
Management duties delegated
No

Governance Explanations

Form 990, Part VI

“Form 990, part vi, section a, line 1a: the board of directors has delegated the responsibility of various tasks to the executive committee and/or the finance committee. These committees have authority to act on behalf of the governing body in certain circumstances.”

Form 990, Page 6, Part VI, Line 9

“Timothy gramm 22999 460th ave morris , mn 56267 daniel dripps 505 lyndale ave morris , mn 56267 jennifer ann goodnough 901 park ave morris , mn 56267 father todd schneider box 287 morris , mn 56267 doug ehlers 18391 430th ave morris , mn 56267 gary miessler 12405 edwards way northfield , mn 55057 joan reicosky 24 e brook ave morris , mn 56267 patrick nelson 18704 county road 22 glenwood , mn 56334 paul rentz 23041 469th ave morris , mn 56267 lorraine wiese 252 south columbia ave morris , mn 56267 john luetmer 202 east 2nd street morris , mn 56267 jennifer jeanne seales 23132 469th ave morris , mn 56267 laura rentz 3 pomme de terre lane morris , mn 56267”

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

“The board of directors has delegated the responsibility of review to the finance committee. The form 990 was reviewed by the members of the finance committee with the cfo prior to filing. The cfo also offers to provide a copy of the completed form 990 to the board of directors prior to filing.”

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

“The board of directors are required to disclose annually any known conflicts of interest. If a conflict of interest exists, the member is to abstain from voting on any issues related to the conflict.”

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

“The ceo & cfo are paid by the related organization, three links care center. The ceo compensation decision is taken to the board of directors for approval. Resources are used to gain information and an understanding of what is appropriate for the work done and in the region of the country the work is located. Inflation factors are taken in to account. This process is not documented, but performed annually.”

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

“The organization does not have any employees, however a portion of the salary expense from the care center is allocated to this organization.”

Form 990, Page 6, Part VI, Line 19

“The organization makes its governing documents, conflict of interest policy, or finanical statements available to the public upon request.”

Filing and Contact Details

Filer

Filer Name
Park Ridge Housing
EIN
41-1826735
Phone
3205892004
Address
801 NEVADA AVE, MORRIS, MN 56267

Signing Officer

Name
Curtis Bach
Title
VP of Finance/CFO
Phone
3205892004
Signed
2025-05-08
Discuss with paid preparer
Yes

Organization Details

Principal Officer
Carol Raw
Formed
1995
Legal Domicile
Mn
Voting Board Members
13
Independent Board Members
13
Employees
0

Preparer

Firm
Conway Deuth & Schmiesing Pllp
Address
401 ATLANTIC AVE, MORRIS, MN 56267-1324
Preparer
Kelly M Demuth
Phone
3202353311
Supplemental Narrative

Additional Explanations

FORM 990 - ORGANIZATION'S MISSION

“To provide elderly and disabled persons with housing facilities and services specially designed to meet their physical, social, and psychological needs, and to promote their health, security, happiness, and usefulness in longer living.”

Form 990, Part XI, Line 9

“Fmv adjustment on purchase 1,160,233”

Financial Statement Notes

Schedule D, Page 2, Part IV, Line 1B

“The organization acted as a custodian for the funds of the residents.”

Schedule D, Page 2, Part IV, Line 2B

“The organization acted as a custodian for the funds of the residents.”

Raw XML AppendixShowing 400 of 908 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/BOYAmt01064
IRS990/AccountsPayableAccrExpnssGrp/EOYAmt012382
IRS990/AccountsReceivableGrp/BOYAmt019101
IRS990/AccountsReceivableGrp/EOYAmt026752
IRS990/ActivitiesConductedPrtshpInd0false
IRS990/ActivityOrMissionDesc0PROVIDE ELDERLY & DISABLED PERSONS WITH HOUSING FACILITIES AND SERVICES.
IRS990/AllOtherExpensesGrp/ManagementAndGeneralAmt0513
IRS990/AllOtherExpensesGrp/ProgramServicesAmt0610
IRS990/AllOtherExpensesGrp/TotalAmt01123
IRS990/AnnualDisclosureCoveredPrsnInd0true
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IRS990/ChangeToOrgDocumentsInd0false
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IRS990/ConferencesMeetingsGrp/TotalAmt0655
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IRS990/CreditCounselingInd0true
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IRS990/CYGrantsAndSimilarPaidAmt00
IRS990/CYInvestmentIncomeAmt0109
IRS990/CYOtherExpensesAmt0168992
IRS990/CYOtherRevenueAmt06877
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IRS990/CYRevenuesLessExpensesAmt0-37606
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IRS990/DepreciationDepletionGrp/TotalAmt071576
IRS990/Desc0PARK RIDGE APARTMENTS CONSISTS OF A 20 APARTMENT HUD FACILITY. THE FACILITY PROVIDES MEDICAL, SOCIAL, AND SPIRITUAL CARE TO ITS RESIDENTS WITHOUT REGARD TO RACE, COLOR, CREED, OR NATIONAL ORIGIN, IN FURTHERANCE OF THE ORGANIZATION'S EXEMPT STATUS. DURING THE CURRENT REPORTING YEAR, THE ORGANIZATION PROVIDED HOUSING FOR MORE THAN 23 TENANTS AT THE HUD FACILITY. ALSO DURING THIS TIME PERIOD, THE ORGANIZATION EMPLOYED ABOUT .47 FULL TIME EQUIVALENT EMPLOYEES AND GROSS WAGES PAID OUT WERE MORE THAN 33,000.
IRS990/DescribedInSection501c3Ind0true
IRS990/DisregardedEntityInd0false
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IRS990/DonorAdvisedFundInd0false
IRS990/DonorRstrOrQuasiEndowmentsInd0false
IRS990/ElectionOfBoardMembersInd0false
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IRS990/EngagedInExcessBenefitTransInd0false
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IRS990/FamilyOrBusinessRlnInd0false
IRS990/FederalGrantAuditPerformedInd0true
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IRS990/ForeignFinancialAccountInd0false
IRS990/ForeignOfficeInd0false
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