Totals
- Total revenue
- $1,791,566
- Total expenses
- $1,467,569
- Contributions and grants received
- $3,180
- Grants paid
- $0
- Program service revenue
- $1,733,105
- Investment income
- $44,079
- Other revenue
- $11,202
- Total assets, end of year
- $7,429,362
- Total liabilities, end of year
- $7,268,123
- Net assets or fund balances, end of year
- $161,239
- Program services expenses (Part IX)
- $1,167,439
- Management and general expenses
- $300,130
- Fundraising expenses
- $0
- Program service expenses (Part III)
- $1,167,439
Program services were 79.5% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.
Line items
Every line the filer filed in Parts VIII, IX and X, as filed and in filed order. Blank columns are left out, and the lines are not forced to add up to the totals above.
Revenue
Part VIII, the statement of revenue.
-
1f · All other contributions, gifts and grants
$3,180
-
2a · Program service revenue: RESIDENT SERVICES
total $1,733,105 · related or exempt $1,733,105
-
3 · Investment income
total $44,079 · excluded $44,079
-
4 · Income from investment of tax-exempt bond proceeds
total $0
-
5 · Royalties
total $0
-
6a · Gross rents
real property $6,210
-
6c · Rental income or loss
real property $6,210
-
6d · Net rental income or loss
total $6,210 · excluded $6,210
-
7d · Net gain or loss
total $0
-
8c · Net income from fundraising events
total $0
-
9c · Net income from gaming
total $0
-
10c · Net income from sales of inventory
total $0
-
11a · Other revenue: CULINARY INCOME
total $730 · excluded $730
-
11b · Other revenue: MISCELLANEOUS INCOME
total $3,970 · excluded $3,970
-
11c · Other revenue: OTHER RESIDENT SERVICES
total $292 · excluded $292
-
11e · Other revenue, total
$4,992
Functional expenses
Part IX, the statement of functional expenses.
-
1 · Grants to domestic organizations and governments
total $0
-
2 · Grants to domestic individuals
total $0
-
3 · Grants to foreign organizations and individuals
total $0
-
4 · Benefits paid to or for members
total $0
-
5 · Compensation of officers, directors and key employees
total $0
-
6 · Compensation of disqualified persons
total $0
-
7 · Other salaries and wages
total $164,684 · program services $79,120 · management and general $85,564
-
8 · Pension plan contributions
total $4,411 · program services $2,119 · management and general $2,292
-
9 · Other employee benefits
total $19,841 · program services $9,532 · management and general $10,309
-
10 · Payroll taxes
total $11,090 · program services $5,328 · management and general $5,762
-
11a · Fees: management
total $91,190 · management and general $91,190
-
11b · Fees: legal
total $0
-
11c · Fees: accounting
total $0
-
11d · Fees: lobbying
total $0
-
11e · Fees: professional fundraising services
total $0
-
11f · Fees: investment management
total $0
-
11g · Fees: other
total $20,288 · program services $20,288
-
12 · Advertising and promotion
total $898 · management and general $898
-
13 · Office expenses
total $16,420 · program services $2,320 · management and general $14,100
-
14 · Information technology
total $20,076 · management and general $20,076
-
15 · Royalties
total $0
-
16 · Occupancy
total $346,724 · program services $333,612 · management and general $13,112
-
17 · Travel
total $2,663 · program services $2,663
-
18 · Travel or entertainment for public officials
total $0
-
19 · Conferences, conventions and meetings
total $0
-
20 · Interest
total $238,437 · program services $238,437
-
21 · Payments to affiliates
total $0
-
22 · Depreciation, depletion and amortization
total $346,205 · program services $346,205
-
23 · Insurance
total $48,045 · management and general $48,045
-
24a · Other expenses: BUILDING - CONTRACTS/MAINT
total $115,871 · program services $115,871
-
24b · Other expenses: MISCELLANEOUS
total $10,832 · program services $2,050 · management and general $8,782
-
24c · Other expenses: FOOD
total $9,894 · program services $9,894
-
24e · All other expenses
total $0
Balance sheet
Part X, book values.
-
1 · Cash, non-interest-bearing
end of year $0
-
2 · Savings and temporary cash investments
beginning of year $2,340,437 · end of year $2,514,765
-
3 · Pledges and grants receivable
end of year $0
-
4 · Accounts receivable
beginning of year -$7,893 · end of year -$835
-
5 · Loans and receivables from officers and key people
end of year $0
-
6 · Loans and receivables from disqualified persons
end of year $0
-
7 · Other notes and loans receivable
end of year $0
-
8 · Inventories for sale or use
end of year $0
-
9 · Prepaid expenses and deferred charges
beginning of year $9,700 · end of year $54,401
-
10a · Land, buildings and equipment: cost or other basis
$8,958,224
-
10b · Land, buildings and equipment: accumulated depreciation
$5,430,132
-
10c · Land, buildings and equipment, net
beginning of year $3,766,581 · end of year $3,528,092
-
11 · Investments: publicly traded securities
end of year $0
-
12 · Investments: other securities
beginning of year $1,250,511 · end of year $1,258,831
-
13 · Investments: program-related
end of year $0
-
14 · Intangible assets
beginning of year $81,629 · end of year $74,108
-
15 · Other assets
beginning of year $200 · end of year $0
-
17 · Accounts payable and accrued expenses
beginning of year $252,607 · end of year $240,584
-
20 · Tax-exempt bond liabilities
beginning of year $4,652,235 · end of year $4,528,831
-
21 · Escrow or custodial account liability
beginning of year $2,699,084 · end of year $2,456,657
-
25 · Other liabilities
end of year $42,051
-
27 · Net assets without donor restrictions
beginning of year -$162,761 · end of year $161,239
Mission and programs · 2022
Mission
THE MISSION OF THE ORGANIZATION IS TO HONOR GOD BY ENRICHING THE LIVES AND TOUCHING THE HEARTS OF OLDER ADULTS.
-
THE ORGANIZATION IS LOCATED IN SHOREVIEW, MINNESOTA AND CONSISTS OF A 72 UNIT INDEPENDENT SENIOR APARTMENT BUILDING.
Expenses $1,167,439 · Revenue $1,733,105
As filed on the 2022 return.
Listed in Part VII
-
DAN LINDH
BOARD CHAIR/CEO
- Total calculated
- $862,457
- From this org
- $0
- From related orgs
- $836,839
- Other
- $25,618
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- not reported + $813,148 related
- Bonus
- not reported
- Other
- not reported + $23,691 related
- Deferred
- not reported + $14,750 related
- Nontaxable benefits
- not reported + $10,868 related
- Filer's total
- not reported + $862,457 related
-
MARK MEYER
SEC/TREAS/CFO
- Total calculated
- $478,878
- From this org
- $0
- From related orgs
- $449,215
- Other
- $29,663
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- not reported + $425,562 related
- Bonus
- not reported
- Other
- not reported + $23,653 related
- Deferred
- not reported + $14,750 related
- Nontaxable benefits
- not reported + $14,913 related
- Filer's total
- not reported + $478,878 related
-
JONATHAN FLETCHER
VP DEVELOPMENT
- Total calculated
- $383,339
- From this org
- $0
- From related orgs
- $358,151
- Other
- $25,188
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- not reported + $351,146 related
- Bonus
- not reported
- Other
- not reported + $7,005 related
- Deferred
- not reported + $12,702 related
- Nontaxable benefits
- not reported + $12,486 related
- Filer's total
- not reported + $383,339 related
-
DUANE LARSON
VP AFFILIATE BD
- Total calculated
- $351,691
- From this org
- $0
- From related orgs
- $329,817
- Other
- $21,874
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- not reported + $308,632 related
- Bonus
- not reported
- Other
- not reported + $21,185 related
- Deferred
- not reported + $14,750 related
- Nontaxable benefits
- not reported + $7,124 related
- Filer's total
- not reported + $351,691 related
-
MARK PEDERSON
SVP OPERATIONS
- Total calculated
- $212,529
- From this org
- $0
- From related orgs
- $189,597
- Other
- $22,932
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- not reported + $188,833 related
- Bonus
- not reported
- Other
- not reported + $764 related
- Deferred
- not reported + $8,019 related
- Nontaxable benefits
- not reported + $14,913 related
- Filer's total
- not reported + $212,529 related
-
TERESA LARSON
SVP HUMAN RESOURCES
- Total calculated
- $163,557
- From this org
- $0
- From related orgs
- $153,546
- Other
- $10,011
- Hours/week
- 1 + 39 related
Schedule J breakdown matched by us
- Base
- not reported + $145,510 related
- Bonus
- not reported
- Other
- not reported + $8,036 related
- Deferred
- not reported + $7,695 related
- Nontaxable benefits
- not reported + $2,316 related
- Filer's total
- not reported + $163,557 related
Compensation is as filed in Part VII: reportable pay from this organization and from related organizations, other compensation, and hours per week. The total, marked calculated, is our sum of the three dollar columns, with a blank column counted as $0; the form itself has no total. On a Form 990-EZ the columns are Part IV's instead, and on a Form 990-PF Part VIII's — compensation, contributions to benefit plans, and expense account — and the total sums those. A Schedule J breakdown is as filed: base pay, bonus, other, deferred compensation and nontaxable benefits from this organization, with any from related organizations beside each, and the filer's own total. It is shown with the Part VII listing of the same name on the same return. The form gives no key between the two, so that pairing is ours, and is marked matched by us.
Schedule J
Answered yes
None.
Answered no
- 4a · Severance or change-of-control payment
- 4b · Supplemental nonqualified retirement plan
- 4c · Equity-based compensation arrangement
- 5a · Pay contingent on this organization's revenues
- 5b · Pay contingent on a related organization's revenues
- 6a · Pay contingent on this organization's net earnings
- 6b · Pay contingent on a related organization's net earnings
- 7 · Other non-fixed payments
- 8 · Paid under the initial-contract exception
Part I's answers as filed. A line not listed was left unanswered; on lines 1a and 3 that means the box was not checked.
Grants on this return
No itemized grants to organizations on this return.
Related organizations on this return
Schedule R Part II: tax-exempt organizations related to the filer by control. It does not record shared board members or money.
-
SEE ATTACHMENT FOR SCH R
MN
Provenance
- Return type
- form_990
- Tax year
- 2022
- Filed
- 13 August 2024
- IRS schema version
- 2022v5.0
- Source object
- 202442269349300849
Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.
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