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Nonprofiteer
← LYNGBLOMSTEN APARTMENTS INC

Form 990 for tax year 2023

Filed by LYNGBLOMSTEN APARTMENTS INC.

Totals

Total revenue
$1,602,621
Total expenses
$1,708,157
Contributions and grants received
$162,092
Grants paid
$0
Program service revenue
$1,431,638
Investment income
$258
Other revenue
$8,633
Total assets, end of year
$1,963,196
Total liabilities, end of year
$4,058,724
Net assets or fund balances, end of year
-$2,095,528
Program services expenses (Part IX)
$1,241,316
Management and general expenses
$466,841
Fundraising expenses
$0
Program service expenses (Part III)
$1,241,316

Program services were 72.7% of total expenses calculated — Part IX's program-services column over total expenses, both as filed.

Listed in Part VII

  • JEFF HEINECKE

    PRESIDENT & CEO

    Total calculated
    $339,084
    From this org
    $0
    From related orgs
    $293,425
    Other
    $45,659
    Hours/week
    1 + 39 related

    Schedule J breakdown matched by us

    Base
    $0 + $274,307 related
    Bonus
    $0 + $7,901 related
    Other
    $0 + $11,217 related
    Deferred
    $0 + $11,978 related
    Nontaxable benefits
    $0 + $33,681 related
    Filer's total
    $0 + $339,084 related

  • DEBRA GEORGE

    CHAIR

    Total calculated
    $0
    Hours/week
    1 + 5 related

  • REV IVY HUSTON

    VICE CHAIR

    Total calculated
    $0
    Hours/week
    1 + 5 related

  • DR MARK KNUDSON

    TREASURER

    Total calculated
    $0
    Hours/week
    1 + 5 related

  • REV MARTIN ERICSON MAY 2023

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 5 related

  • DIANA ROCKSTAD

    SECRETARY

    Total calculated
    $0
    Hours/week
    1 + 5 related

  • BRADLEY J JACOBSON MAY 2023

    CFO

    Total calculated
    $140,549
    From this org
    $0
    From related orgs
    $118,534
    Other
    $22,015
    Hours/week
    2 + 38 related

  • TODD FLIFLET

    CFO

    Total calculated
    $212,676
    From this org
    $0
    From related orgs
    $166,408
    Other
    $46,268
    Hours/week
    2 + 38 related

    Schedule J breakdown matched by us

    Base
    $0 + $155,931 related
    Bonus
    $0 + $6,014 related
    Other
    $0 + $4,463 related
    Deferred
    $0 + $6,966 related
    Nontaxable benefits
    $0 + $39,302 related
    Filer's total
    $0 + $212,676 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

The filer's explanations (Part III)

PART 1, LINE 3
LYNGBLOMSTEN CARE CENTER, INC. PAYS THE COMPENSATION FOR THE OFFICERS AND EMPLOYEES OF THE ORGANIZATION. LYNGBLOMSTEN APARTMENTS, INC. THEN REIMBURSES LYNGBLOMSTEN CARE CENTER, INC. FOR ALL SALARIES AND BENEFIT EXPENSES. LYNGBLOMSTEN CARE CENTER, INC. USES THE FOLLOWING WHEN DETERMINING COMPENSATION FOR OFFICERS AND EMPLOYEES: (1) COMPENSATION COMMITTEE, (2) INDEPENDENT COMPENSATION CONSULTANT, (3) COMPENSATION SURVEY OR STUDY, AND (4) APPROVAL BY BOARD OF DIRECTORS OR COMPENSATION COMMITTEE.

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.

Provenance

Return type
form_990
Tax year
2023
Filed
24 October 2024
IRS schema version
2023v5.1
Source object
202402999349300135

Check it against the return as filed: the GivingTuesday Data Lake hosts a public copy of the original XML.

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