Civic Intelligence

Elim Senior Housing Inc

EIN 81-0754064 • 501(c)3 • Edina, MN

Profile

To foster fullness of life for older adults in the spirit of christ's love.

7171 Ohms LaneEdina, MN 55439

www.cassialife.org

Siviq Scores

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

Liabilities / Assets

98th percentile

1.32x

Higher debt load relative to assets than 98% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Liabilities / Revenue

93rd percentile

4.57x

Higher debt load relative to revenue than 93% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Net Margin

29th percentile

-1.9%

Higher net margin than 29% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Top Officer Pay

91st percentile

$822,196

Higher top officer pay than 91% of similar nonprofits.

Top officer pay equals 7.0% of source-year revenue.

501(c)3 • $25M-$50M nonprofits • Source year 2024

Asset Growth

21st percentile

-2.5%

Faster asset growth than 21% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Revenue Growth

51st percentile

7.4%

Faster revenue growth than 51% of similar nonprofits.

501(c)3 • $25M-$50M nonprofits • Annualized from 2023 to 2024

Assets

Down

$40,408,075

Down $1,015,812 (-2.5%) from 2023

Liabilities

Down

$53,322,546

Down $1,104,530 (-2.0%) from 2023

Net Assets

Up

-$12,914,471

Up $88,718 (+0.7%) from 2023

Revenue

Up

$11,666,972

Up $806,401 (+7.4%) from 2023

Expenses

Up

$11,891,099

Up $412,161 (+3.6%) from 2023

Net Income

Up

-$224,127

Up $394,240 (+64%) from 2023

Trend Graphs

Balance Sheet Trend

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

$60M$40M$20M$0-$20MAssets 2015: $1Liabilities 2015: $02015Assets 2016: $3,977,963Liabilities 2016: $1,007,043Net Assets 2016: $2,970,9202016Assets 2017: $55,640,271Liabilities 2017: $52,932,445Net Assets 2017: $2,707,8262017Assets 2018: $56,532,731Liabilities 2018: $54,840,451Net Assets 2018: $1,692,2802018Assets 2019: $49,274,516Liabilities 2019: $52,788,298Net Assets 2019: -$3,513,7822019Assets 2020: $45,564,716Liabilities 2020: $53,161,016Net Assets 2020: -$7,596,3002020Assets 2021: $44,315,672Liabilities 2021: $55,615,421Net Assets 2021: -$11,299,7492021Assets 2022: $42,479,305Liabilities 2022: $55,000,345Net Assets 2022: -$12,521,0402022Assets 2023: $41,423,887Liabilities 2023: $54,427,076Net Assets 2023: -$13,003,1892023Assets 2024: $40,408,075Liabilities 2024: $53,322,546Net Assets 2024: -$12,914,4712024

Highlighted filing

2024

Assets$40,408,075
Liabilities$53,322,546
Net Assets-$12,914,471

Operations Trend

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

$15M$10M$5.0M$0-$5.0M-$10MRevenue 2015: $0Expenses 2015: $0Net Income 2015: $02015Revenue 2016: $0Expenses 2016: $29,080Net Income 2016: -$29,0802016Revenue 2017: $95,599Expenses 2017: $262,812Net Income 2017: -$167,2132017Revenue 2018: $2,500Expenses 2018: $982,078Net Income 2018: -$979,5782018Revenue 2019: $1,580,560Expenses 2019: $6,996,657Net Income 2019: -$5,416,0972019Revenue 2020: $5,343,941Expenses 2020: $9,605,638Net Income 2020: -$4,261,6972020Revenue 2021: $6,405,672Expenses 2021: $9,963,988Net Income 2021: -$3,558,3162021Revenue 2022: $9,188,090Expenses 2022: $11,426,669Net Income 2022: -$2,238,5792022Revenue 2023: $10,860,571Expenses 2023: $11,478,938Net Income 2023: -$618,3672023Revenue 2024: $11,666,972Expenses 2024: $11,891,099Net Income 2024: -$224,1272024

Highlighted filing

2024

Revenue$11,666,972
Expenses$11,891,099
Net Income-$224,127

Filings

Latest Filing Detail
Jump To
Filing Snapshot
Filing Period
Jan 1, 2024 to Dec 31, 2024
Signed
Oct 15, 2025
Return Version
2024v5.0
Gross Receipts
$11,666,972
Mission and Program Overview

Mission

See Part I, Line 1

To provide health care, housing, and community services for the elderly.

Balance Sheet Detail
LineBeginningEndChange
Assets
Land, Buildings, and Equipment, Net$35,140,158$33,861,227▼ $1,278,931
Cash and Non-Interest-Bearing Accounts$237,904$385,949▲ $148,045
Accounts Receivable$5,907$138,384▲ $132,477
Prepaid Expenses and Deferred Charges$1,675$2,238▲ $563
Total Assets$41,423,887$40,408,075▼ $1,015,812
Other Assets Total$6,038,243$6,020,277▼ $17,966
Liabilities
Tax Exempt Bond Liabilities$50,203,987$49,571,424▼ $632,563
Other Liabilities$2,643,244$2,141,703▼ $501,541
Accounts Payable and Accrued Expenses$1,567,945$1,590,669▲ $22,724
Escrow Account Liability$11,900$18,750▲ $6,850
Total Liabilities$54,427,076$53,322,546▼ $1,104,530
Net Assets / Fund Balance
Net Assets With Donor Restrictions$8,235$30,599▲ $22,364
Net Assets Without Donor Restrictions$-13,011,424$-12,945,070▲ $66,354
Total Net Assets Fund Balance$-13,003,189$-12,914,471▲ $88,718
Total Liabilities and Net Assets / Fund Balance$41,423,887$40,408,075▼ $1,015,812

Asset Categories

AssetBook ValueDepreciationBasis
Buildings$31,349,297$7,607,117$38,956,414
Equipment$725,506$1,511,647$2,237,153
Land$1,786,424-$1,786,424
Other Land Buildings$0$0$0
Leasehold Improvements$0$0$0
Other Assets Org$6,020,277--
Compensation and Service Providers

Employees

NameTitleFull / Part TimeBaseTotal
Nancy PowellMarketing ManagerFT$109,929$109,929

Board Members and Trustees

NameTitle
Nikki Weber DanielsChairperson
Robert DahlPresident/CEO
Michael AderinkomiVice Chairperson & Director
Sharon WilsonChief Clinical and Compliance Officer
Kathy YoungquistChief Financial Officer
Angela BrownChief Human Resource Officer
Matthew KernChief Operating Officer
Kathy KoppChief Strategic Officer
Lores VlaminckMember
Pat NussMember
Jon AddingtonSecretary

Highest Paid Contractors

ContractorServicesLocationCompensation
Cassia ServicesManagement Services7171 OHMS LANE, Edina, MN 55439$230,576
Your Key To Senior Living Options LLCMarketing Consulting3351 HANANWOOD TERRACE, The Villages, FL 32163$134,367
Revenue and Support

Revenue Composition

Contributions and Grants
$0
Program Service Revenue
$11,236,022
Investment Income
$184,268
Other Revenue
$246,682
Change in Net Assets
$-224,127

Audited Revenue Reconciliation

Revenue per Audited Statements
$11,530,349
Revenue Not Reported on Financial Statements
$136,623
Revenue Not Reported on Form 990
$3,088
Other Revenue Adjustments
$136,623
Total Revenue per Audited Statements
$11,533,437
Total Revenue per Form 990
$11,666,972
Expenses and Functional Allocation

Major Expense Lines

Line ItemAmount
Other Expenses$7,264,431
Salaries, Compensation, and Employee Benefits$4,626,668
Grants and Similar Amounts Paid$0
Professional Fundraising Fees$0
Total Fundraising Expense$0

Functional Expense Allocation

Line ItemProgramManagementFundraisingTotal
Other Salaries and Wages$3,498,084$501,291$0$3,999,375
Interest$2,961,113-$0$2,961,113
Depreciation Depletion$1,567,077-$0$1,567,077
Insurance$683,516-$0$683,516
Fees for Services Other$235,559$188,091$0$423,650
Occupancy$316,338-$0$316,338
Payroll Taxes$258,089$36,985$0$295,074
Other Employee Benefits$249,225$35,715$0$284,940
Fees for Services Management$0$230,576$0$230,576
Other Expenses$99,894$0$0$99,894
Information Technology-$67,055$0$67,055
All Other Expenses-$59,883$0$59,883
Pension Plan Contributions$41,353$5,926$0$47,279
Office Expenses$46$46,256$0$46,302
Fees for Service Investment Mgmnt Fees-$39,233$0$39,233
Advertising-$36,192$0$36,192
Travel$13,686$13,021$0$26,707
Fees for Services Accounting-$19,843$0$19,843
Conferences and Meetings$3,553$782$0$4,335
Fees for Services Legal$0$163$0$163
Total Functional Expenses$10,595,709$1,295,390$0$11,891,099

Audited Expense Reconciliation

Line ItemAmount
Total Expenses per Form 990$11,891,099
Total Expenses per Audited Statements$11,739,246
Expenses per Audited Statements$11,693,171
Expenses Not Reported on Financial Statements$197,928
Other Expense Adjustments$184,268
Expenses Not Reported on Form 990$46,075
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
Due to Affiliates$2,141,703

Bond Issues

BondIssuerIssuedIssue PricePurpose
ACapital Trust Agency2017-08-29$53,050,000To finance construction of a new senior living campus

Bond Proceeds

BondTotal ProceedsSpentRetiredIssuance Costs
A$53,050,000$11,077,594$1,950,000$870,967

Bond Financing Compliance

No rebate due
Yes
Rebate not yet due
Yes
Form 8038-T filed
No
Gross proceeds invested
No
Gross proceeds invested in GIC
No
Exception to rebate
No
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
Yes
Other officer compensation reviewed
Yes
Conflict-of-interest policy
Yes
Audited financial statements prepared
Yes
Key decisions subject to board approval
Yes
Management duties delegated
Yes

Governance Explanations

Form 990, Part VI, Section A, Line 3

A related organization, cassia services, manages its own affiliates, cassia, elim care, inc., augustana care and all elim/augustana affiliates. Services provided include financial accounting, operational oversight, human resources, information technology, clinical nursing consultation, corporate compliance, coordinated advertising and marketing, philanthropy and new business development.

Form 990, Part VI, Section A, Line 6

The sole member of the organization is elim care, inc. The sole member of elim care, inc. Is cassia.

Form 990, Part VI, Section A, Line 7A

The organization's board of directors are appointed by a majority vote from the board of directors of the sole member, elim care, inc. At the annual meeting.

Form 990, Part VI, Section A, Line 7B

Elim care, inc. Is the sole member of the corporation. Board members of the corporation are appointed by the sole member. Decisions of the corporation are subject to approval by the sole member. Certain actions are further subject to approval by the cassia board, which is the parent organization.

Form 990, Part VI, Section B, Line 11B

The form 990 and all related schedules were prepared by internal finance staff and reviewed by the organization's cfo. The form 990 was made available to the full board of directors prior to being filed with the irs.

Form 990, Part VI, Section B, Line 12C

The organization annually requests a conflict of interest disclosure from each board member, key employee and officer. The organization's conflict of interest policy covers all board members and key employees. All covered individuals are required to complete an annual conflict of interest statement and to disclose an actual or potential conflict of interest to the appropriate level of management or to the board of directors as outlined in the policy, based on the individual's position within the organization. Conflicts are determined at the appropriate level of management or by the board of directors. Individuals with actual or potential conflicts will abstain from discussing or voting on any matters relating to the conflict. All proceedings relating to actual or potential conflicts are noted in the meeting minutes.

Form 990, Part VI, Section B, Line 15

The board of directors routinely retains the services of a compensation consultant to review the current wage and benefit levels of similar positions in similar organizations. The compensation committee uses this information to make a recommendation to the board of directors.

Form 990, Part VI, Section C, Line 19

The organization makes its governing documents and conflict of interest policy available to the public upon request.

Filing and Contact Details

Filer

Filer Name
Elim Senior Housing Inc
EIN
81-0754064
Phone
9528555000
Address
7171 Ohms Lane, Edina, MN 55439
Doing Business As
Trinity Springs

Signing Officer

Name
Kathy Youngquist
Title
CFO
Phone
9528555009
Signed
2025-10-15

Organization Details

Principal Officer
Robert Dahl
Formed
2015
Legal Domicile
Fl
Voting Board Members
5
Independent Board Members
5
Employees
182
Volunteers
68
Supplemental Narrative

Additional Explanations

Form 990, Part XI, Line 9

Transfers from related parties: $315,933.

Financial Statement Notes

Schedule D, Part IV, Line 2B

Security deposits are required for the organization's tenants and include reserved apartments if amounts are paid before the tenant actually moves in.

Schedule D, Part X, Line 2

ELIM CARE, INC. AND ITS AFFILIATES HAVE BEEN GRANTED EXEMPT STATUS RELATIVE TO FEDERAL AND MINNESOTA CORPORATE INCOME TAXES UNDER SECTION 501(c)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE CODES. THE ORGANIZATION FOLLOWS THE ACCOUNTING STANDARD FOR CONTINGENCIES IN THE EVALUATION OF THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THE STANDARD PRESCRIBES RECOGNITION AND MEASUREMENT OF TAX PROVISIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. ELIM CARE, INC. AND ITS AFFILIATES' INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION BY FEDERAL, STATE, AND LOCAL AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE ORGANIZATION REPORTS ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES AND FILES ALL PROPER RETURNS RELATED TO THESE ACTIVITIES.

Schedule D, Part XI, Line 4B

Bond reserve interest income:$184,268, net assets released from restriction -$1,570, meal revenue -$46,075.

Schedule D, Part XII, Line 2D

MEAL REVENUE $46,075.

Schedule D, Part XII, Line 4B

Bond reserve interest income: $184,268.

Raw XML AppendixShowing 400 of 1,303 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.

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