Presbyterian Homes Of Wisconsin Inc
- Assets
- $15.5m
- Revenue
- $909.9k
- Investments
- $7.1m
- Employees
- 0
- Location
- Roseville, MN
- Founding
- 09/1965
- Data as of
- 09/2021
- EIN
- 39-6054152
Organization Overview
Presbyterian Homes Of Wisconsin Inc is located in Roseville, MN. The organization was established in 1965. 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. Presbyterian Homes Of Wisconsin 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, Presbyterian Homes Of Wisconsin Inc generated $909.9k in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.4%) each year. All expenses for the organization totaled $70.3k during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (23.6%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.
Since 2016, Presbyterian Homes Of Wisconsin Inc has awarded 13 individual grants totaling $1,070,000. If you would like to learn more about the grant giving history of this organization, scroll down to the grant profile section of this page.
Form
990
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
PRESBYTERIAN HOMES WAS ESTABLISHED IN 1957 TO PROVIDE A PLACE WHERE OLDER MEN AND WOMEN COULD LIVE WITH CONFIDENCE, INDEPENDENCE, SECURITY AND DIGNITY. THROUGH PARTNERSHIPS WITH OTHER NON-PROFIT ORGANIZATIONS AND INSTITUTIONS, WE PROVIDE QUALITY RESIDENTIAL COMMUNITIES, SERVICES, RESOURCES AND INFORMATION TO SENIOR ADULTS AND THEIR FAMILIES. WITHIN A CONTINUUM CARE ENVIRONMENT, WE OFFER A RANGE OF SERVICES TO ADDRESS THE NEEDS OF BOTH INDEPENDENT AND FRAIL SENIOR ADULTS. AS A NON-PROFIT ORGANIZATION, ONE OF OUR PRIMARY OBJECTIVES IS TO ALLOW SENIORS IN OUR CARE TO REMAIN AS INDEPENDENT AS POSSIBLE FOR AS LONG AS POSSIBLE.* THROUGH OUR BENEVOLENT FUND, WE ARE ABLE TO OFFER REDUCED RATES TO LOW-INCOME INDIVIDUALS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Dan Lindh CEO | OfficerTrustee | 1 | $0 |
Mark Meyer CFO | Officer | 1 | $0 |
Kent Tess-Mattner Board To12/21 | Trustee | 1 | $0 |
Keith Pierce Board Member | Trustee | 1 | $0 |
Martha Brown Board Member | Trustee | 1 | $0 |
Jude Carlin Board Member | Trustee | 1 | $0 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $291,667 |
| Government grants | $0 |
| All other contributions, gifts, grants, and similar amounts not included above | $0 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $291,667 |
| Total Program Service Revenue | $0 |
| Investment income | $618,253 |
| 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 | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $909,920 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $70,000 |
| Grants and other assistance to domestic individuals. | $0 |
| Grants and other assistance to Foreign Orgs/Individuals | $0 |
| Benefits paid to or for members | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation of current officers, directors, key employees. | $0 |
| Compensation to disqualified persons | $0 |
| Other salaries and wages | $0 |
| Pension plan accruals and contributions | $0 |
| Other employee benefits | $0 |
| Payroll taxes | $0 |
| Fees for services: Management | $0 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $0 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $0 |
| Advertising and promotion | $0 |
| Office expenses | $280 |
| Information technology | $0 |
| Royalties | $0 |
| Occupancy | $0 |
| Travel | $0 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $0 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $0 |
| Insurance | $0 |
| All other expenses | $0 |
| Total functional expenses | $70,280 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $14,706 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $0 |
| Loans from Officers, Directors, or Controlling Persons | $0 |
| Loans from Disqualified Persons | $0 |
| Notes and loans receivable | $0 |
| Inventories for sale or use | $0 |
| Prepaid expenses and deferred charges | $0 |
| Net Land, buildings, and equipment | $0 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $7,074,625 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $8,420,530 |
| Total assets | $15,509,861 |
| Accounts payable and accrued expenses | $21,841 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $0 |
| Escrow or custodial account liability | $0 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $0 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $0 |
| Total liabilities | $21,841 |
| Net assets without donor restrictions | $12,245,923 |
| Net assets with donor restrictions | $3,242,097 |
| Capital stock or trust principal, or current funds | $0 |
| Paid-in or capital surplus, or land, building, or equipment fund | $0 |
| Retained earnings, endowment, accumulated income, or other funds | $0 |
| Total liabilities and net assets/fund balances | $15,509,861 |
Grants Awarded
Over the last fiscal year, Presbyterian Homes Of Wisconsin Inc has awarded $70,000 in support to 2 organizations.
| Grant Recipient | Amount |
|---|---|
Roseville, MN | | $45,000 |
Roseville, MN | | $25,000 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Presbyterian Homes Of Wisconsin Inc has recieved totaling $17,100.
| Awarding Organization | Amount |
|---|---|
Waukesha County Community Foundation Inc Waukesha, WI PURPOSE: GENERAL/OPERATING SUPPORT | $17,100 |
Endowment Analysis
| Beg. Balance | $2,831,564 |
| Earnings | $555,011 |
| Other Expense | $144,484 |
| Ending Balance | $3,242,091 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Elim Senior Housing Edina, MN | $44,315,672 | $6,405,672 |
St Luke Homes & Services Inc Spencer, IA | $9,786,466 | $9,281,620 |
Auburn Manor Chaska, MN | $10,442,393 | $10,617,828 |
Scottish Rite Park Inc Des Moines, IA | $25,028,424 | $10,213,355 |
Williamsburg Retirement Community Inc Roseville, MN | $35,251,162 | $9,467,735 |
Oakwood Village Prairie Ridge Apartments Inc Madison, WI | $66,544,502 | $7,123,839 |
Phs Council Bluffs Inc Roseville, MN | $46,881,447 | $8,974,517 |
Phs Founders Ridge Inc Roseville, MN | $50,899,023 | $8,182,417 |
Phs Apple Valley Senior Housing Inc Roseville, MN | $71,184,418 | $8,602,960 |
Shepherds Path Senior Housing Inc Roseville, MN | $29,880,373 | $9,110,866 |
Harwood Place Inc Wauwatosa, WI | $17,919,656 | $8,540,786 |
Hudson Senior Housing Inc Roseville, MN | $44,248,151 | $8,888,684 |