Form 990 for tax year 2024

Revenue

Part VIII, the statement of revenue.

• 2a · Program service revenue: HUD Rental Assistance

  total $204,334 · related or exempt $204,334

• 2b · Program service revenue: Rent Revenue

  total $199,023 · related or exempt $199,023

• 2f · All other program service revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 3 · Investment income

  total $5,984 · excluded $5,984

• 6c · Rental income or loss

  real property $0 · personal property $0

• 7c · Gain or loss

  securities $0 · other assets $0

• 8c · Net income from fundraising events

  total $0

• 11a · Other revenue: Ancillary Services

  total $10,527 · excluded $10,527

• 11d · All other revenue

  total $0 · related or exempt $0 · unrelated business $0 · excluded $0

• 11e · Other revenue, total

  $10,527

Functional expenses

Part IX, the statement of functional expenses.

• 7 · Other salaries and wages

  total $119,808 · program services $24,290 · management and general $95,518

• 8 · Pension plan contributions

  total $3,249 · management and general $3,249

• 9 · Other employee benefits

  total $10,165 · program services $110 · management and general $10,055

• 10 · Payroll taxes

  total $8,837 · program services $1,875 · management and general $6,962

• 11a · Fees: management

  total $52,658 · management and general $52,658

• 11c · Fees: accounting

  total $12,157 · management and general $12,157

• 11g · Fees: other

  total $40,023 · program services $26,362 · management and general $13,661 · fundraising $0

• 13 · Office expenses

  total $8,898 · program services $1,898 · management and general $7,000

• 16 · Occupancy

  total $101,803 · program services $60,459 · management and general $41,344

• 17 · Travel

  total $2,919 · program services $48 · management and general $2,871

• 19 · Conferences, conventions and meetings

  total $229 · management and general $229

• 20 · Interest

  total $187 · management and general $187

• 22 · Depreciation, depletion and amortization

  total $72,772 · management and general $72,772

• 24a · Other expenses: Supplies

  total $17,474 · program services $16,720 · management and general $754

• 24b · Other expenses: Utilities Repairs & Maint

  total $6,885 · program services $6,885

• 24c · Other expenses: Licenses/Fees/Memberships

  total $2,134 · program services $20 · management and general $2,114

• 24d · Other expenses: Community Donations

  total $106 · management and general $106

• 24e · All other expenses

  total $0 · program services $0 · management and general $0 · fundraising $0

Balance sheet

Part X, book values.

• 1 · Cash, non-interest-bearing

  beginning of year $6,008 · end of year $384

• 2 · Savings and temporary cash investments

  beginning of year $348,302 · end of year $361,448

• 4 · Accounts receivable

  beginning of year $5,191 · end of year $3,192

• 5 · Loans and receivables from officers and key people

  beginning of year $0 · end of year $0

• 6 · Loans and receivables from disqualified persons

  beginning of year $0 · end of year $0

• 9 · Prepaid expenses and deferred charges

  beginning of year $2,718 · end of year $4,109

• 10a · Land, buildings and equipment: cost or other basis

  $3,163,237

• 10b · Land, buildings and equipment: accumulated depreciation

  $2,170,668

• 10c · Land, buildings and equipment, net

  beginning of year $1,056,779 · end of year $992,569

• 12 · Investments: other securities

  beginning of year $0

• 13 · Investments: program-related

  beginning of year $0

• 15 · Other assets

  beginning of year $0 · end of year $0

• 17 · Accounts payable and accrued expenses

  beginning of year $39,686 · end of year $46,140

• 19 · Deferred revenue

  beginning of year $1,383 · end of year $96

• 21 · Escrow or custodial account liability

  beginning of year $20,094 · end of year $20,708

• 22 · Loans and payables to officers and key people

  beginning of year $0 · end of year $0

• 25 · Other liabilities

  beginning of year $78,930 · end of year $56,289

• 27 · Net assets without donor restrictions

  beginning of year $202,761 · end of year $201,817

• 28 · Net assets with donor restrictions

  beginning of year $1,076,144 · end of year $1,036,652

The filer's explanations (Part III)

Schedule J, Part I, Line 4b Supplemental nonqualified retirement plan

THE FOLLOWING INDIVIDUALS PARTICIPATED IN A NONQUALIFIED RETIREMENT PLAN: JAMES HEREFORD, JONATHAN LUNDBERG DUE TO A VESTING EVENT, THE FOLLOWING INDIVIDUALS HAD INCOME IN PART VII AND SCHEDULE J RELATED TO A NONQUALIFIED RETIREMENT PLAN: JAMES HEREFORD $731,606 JONATHAN LUNDBERG $47,984

Schedule J, Part I, Line 7 Non-fixed payments

Fairview Health Services provides lump sum financial awards based on system-wide, business unit and/or departments financial and quality measures. Annual goals, specifically tied to productivity and quality indicators, are set for the year and an incentive paid out annually if key goals and measures are achieved.

Schedule J, Part I, Line 3 Related Org to establish compensation

THE ORGANIZATION IS PART OF THE FAIRVIEW HEALTH SERVICES SYSTEM AND FAIRVIEW HEALTH SERVICES HUMAN RESOURCES USES COMPARABLES TO ESTABLISH COMPENSATION FOR THE CEO/EXECUTIVE DIRECTOR ACCORDING TO MARKET STANDARDS.

Schedule J, Part III Other Additional Information

The non-qualified plan (the plan) is only open to a select group of highly compensated employees. The plan contributes the difference of what 403(b) employer contributions were missed for participants who earn more than the IRS limit on eligible compensation for qualitied retirement plans. Participants may not elect to defer compensation. Contributions will be made in the form of a credit to the participant's account, within 60 days after a participant becomes vested in a contribution. The plan shall pay to the participant an amount equal to the amount the participant is required to pay federal, state, local and foreign income taxes and employment taxes due to the vesting. The remaining amount in the participant's account shall not be paid until the separation from services payment date. A participant's account shall be distributed in cash. The plan complies with Section 457(f) of the IRS code.

Related corporations and trusts

Part IV: related organizations taxable as a corporation or trust.

• Ebenezer Management Services Inc

  C Corporation · Mgmt Svcs · MN

  Directly controlled by Ebenezer Society

• Ebenezer Development Inc

  C Corporation · Property Management · MN

  Directly controlled by Ebenezer Society