Phs Cottage Grove Inc

Organization Overview

Phs Cottage Grove Inc is located in Roseville, MN. The organization was established in 2004. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Phs Cottage Grove Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2021, Phs Cottage Grove Inc generated $15.5m in total revenue. This organization has experienced exceptional growth, as over the past 6 years, it has increased revenue by an average of 16.8% each year . All expenses for the organization totaled $15.9m during the year ending 09/2021. While expenses have increased by 15.5% per year over the past 6 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE ORGANIZATION IS TO HONOR GOD BY ENRICHING THE LIVES AND TOUCHING THE HEARTS OF OLDER ADULTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

THE ORGANIZATION LOCATED IN COTTAGE GROVE, MN CONSISTS OF AN 18 APARTMENT MEMORY CARE SPECIFIC ASSISTED LIVING, 40 TRADITIONAL ASSISTED LIVING APARTMENTS WITH 19 DESIGNATED FOR HIGH ACUITY ENHANCED CARE SUITES, 150 INDEPENDENT SENIOR APARTMENTS AND A 72 BED SKILLED NURSING FACILITY ON THE CAMPUS.


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Board, Officers & Key Employees

Name (title)Compensation
Blake Boche
Campus Admin
$116,970
Ruvir Guirgen
Rn
$106,218
Michael Kohuth
Clinical Admin
$101,636
Dan Lindh
Board Chair/ceo
$0
Mark Meyer
Sec/treas/cfo
$0
Duane Larson
SVP Operations
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Zellner Sr Health Consulting
Nurse Management
$238,147
Phs Management Llc
Management Fee
$600,071
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$70,585
Government grants $548,347
All other contributions, gifts, grants, and similar amounts not included above$3,300
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$622,232
Total Program Service Revenue$14,607,190
Investment income $18,057
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $4,944
Miscellaneous Revenue$0
Total Revenue $15,462,606

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Phs Cottage Grove Inc has recieved totaling $70,585.

Awarding OrganizationAmount
Presbyterian Homes Foundation

Roseville, MN

PURPOSE: FURTHER EXEMPT PURPOSE

$70,585
View Grant Recipient Profile

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