Presbyterian Homes And Services
- Assets
- $66.7m
- Revenue
- $30.7m
- Investments
- $0.0
- Employees
- 0
- Location
- Roseville, MN
- Founding
- 01/1957
- Data as of
- 09/2021
- EIN
- 41-0758756
Organization Overview
Presbyterian Homes And Services is located in Roseville, MN. The organization was established in 1957. 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 And Services 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 And Services generated $30.7m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 4.2% each year. All expenses for the organization totaled $29.1m during the year ending 09/2021. While expenses have increased by 5.5% 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.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
TO HONOR GOD BY ENRICHING THE LIVES AND TOUCHING THE HEARTS OF OLDER ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
OPTAGE EXTENDS THE HIGH QUALITY CARE OF PRESBYTERIAN HOMES & SERVICES INTO THE HOMES OF OLDER ADULTS. OPTAGE SERVES CLIENTS BY PROVIDING COORDINATION OF CARE AND COMMUNICATION TO CONTRIBUTE TO THE HEALTH AND SAFETY OF OLDER ADULTS WHO WISH TO REMAIN IN THEIR HOMES.
OPTAGE SENIOR DINING (OSD) CONSISTS OF HOME-DELIVERED MEALS AND CONGREGATE DINING. OSD HOME-DELIVERED MEALS ARE DESIGNED FOR OLDER ADULTS WHO ARE LOOKING TO SIMPLIFY THEIR MEAL PREPARATION AND STAY INDEPENDENT IN THEIR OWN HOMES. OSD SERVES OVER 20,000 MEALS PER MONTH IN CONGREGATE SETTING TO SENIORS AT 24 SITES IN RAMSEY, WASHINGTON, AND HENNEPIN COUNTIES IN MINNESOTA. OSD ALSO DELIVERS OVER 61,000 MEALS PER MONTH TO SENIORS IN THEIR HOMES.
THE ORGANIZATION OPERATES A 178 SENIOR APARTMENTS COMPLEX IN CLIVE, IOWA. THE FACILITY CONSISTS OF 116 INDEPENDENT LIVING APARTMENTS AND 62 ASSISTED LIVING APARTMENTS WITH 18 DESIGNATED FOR SPECIAL CARE NEEDS RELATED TO MEMORY ISSUES.
AS A MEANS OF ADDRESSING THE SHORTAGE OF NURSES, INTERNATIONAL NURSE RECRUITMENT WAS FOUNDED TO ASSIST NURSES FROM THE PHILLIPINES TO COME TO THE UNITED STATES FOR EMPLOYMENT. PRESBYTERIAN HOMES AND SERVICES HAS PARTNERED TO MEET THE NEED FOR SENIOR LIVING OPTIONS.
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PDF Copies of 990 Filings
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
James Chalmers Administrator - Int'l Nurs | 40 | $113,334 | |
Allison Bass Campus Administrator- Waln | 40 | $108,255 | |
Kristin Stewart Administrator - Optage Home &community Based Serv. | 40 | $106,957 | |
Daniel Elholm Physcial Therapist | 40 | $100,855 | |
Julie M White Board Member | OfficerTrustee | 1 | $0 |
John Clymer Board Member | OfficerTrustee | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Phs Management Llc Management Fees | 9/29/21 | $1,454,606 |
Gaby & Esau Services Llc Cleaning Services | 9/29/21 | $152,189 |
International Personnel Resources Phils Nurse Recruitment | 9/29/21 | $159,000 |
Ipr Llc Nurse Recruitment | 9/29/21 | $119,039 |
Guyton Thuente Pa Nurse Recruitment | 9/29/21 | $306,082 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $856,101 |
| Government grants | $450,792 |
| All other contributions, gifts, grants, and similar amounts not included above | $11,586 |
| Noncash contributions included in lines 1a–1f | $0 |
| Total Revenue from Contributions, Gifts, Grants & Similar | $1,318,479 |
| Total Program Service Revenue | $29,119,671 |
| Investment income | $47,952 |
| Tax Exempt Bond Proceeds | $0 |
| Royalties | $0 |
| Net Rental Income | $43,943 |
| Net Gain/Loss on Asset Sales | -$120,028 |
| Net Income from Fundraising Events | $0 |
| Net Income from Gaming Activities | $0 |
| Net Income from Sales of Inventory | $0 |
| Miscellaneous Revenue | $0 |
| Total Revenue | $30,662,544 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $28,706 |
| 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 | $12,121,935 |
| Pension plan accruals and contributions | $281,609 |
| Other employee benefits | $1,573,128 |
| Payroll taxes | $892,336 |
| Fees for services: Management | $1,454,606 |
| Fees for services: Legal | $313,028 |
| Fees for services: Accounting | $21,495 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $746,337 |
| Advertising and promotion | $37,499 |
| Office expenses | $275,492 |
| Information technology | $384,688 |
| Royalties | $0 |
| Occupancy | $1,100,741 |
| Travel | $195,265 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $11,266 |
| Interest | $1,565,073 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $2,511,656 |
| Insurance | $224,277 |
| All other expenses | $0 |
| Total functional expenses | $29,143,418 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $21,814,584 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $2,361,822 |
| 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 | $463,217 |
| Net Land, buildings, and equipment | $41,242,561 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $0 |
| Investments—program-related | $0 |
| Intangible assets | $0 |
| Other assets | $834,454 |
| Total assets | $66,716,638 |
| Accounts payable and accrued expenses | $2,448,267 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $16,669,468 |
| Escrow or custodial account liability | $305,240 |
| Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
| Secured mortgages and notes payable | $18,410,684 |
| Unsecured mortgages and notes payable | $0 |
| Other liabilities | $7,100,692 |
| Total liabilities | $44,934,351 |
| Net assets without donor restrictions | $21,782,287 |
| Net assets with donor restrictions | $0 |
| 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 | $66,716,638 |
Grants Recieved
Over the last fiscal year, we have identified 3 grants that Presbyterian Homes And Services has recieved totaling $123,450.
| Awarding Organization | Amount |
|---|---|
The Richard M Schulze Family Foundation Minneapolis, MN PURPOSE: HUMAN SERVICES | $50,000 |
The Richard M Schulze Family Foundation Minneapolis, MN PURPOSE: HUMAN SERVICES | $50,000 |
Schwab Charitable Fund San Francisco, CA PURPOSE: HEALTH | $23,450 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Eventide Moorhead, MN | $123,722,101 | $65,835,602 |
Tarrant County Senior Living Center Inc West Des Moines, IA | $161,252,746 | $23,022,366 |
Barton Creek Senior Living Center Inc West Des Moines, IA | $120,925,043 | $23,689,068 |
Presbyterian Homes And Services Roseville, MN | $66,716,638 | $30,662,544 |
Good Shepherd Lutheran Home Of Sauk Rapids Minnesota Sauk Rapids, MN | $33,093,333 | $25,176,810 |
4000 Valley Square Inc Dba Woodside Vill Wheatland Terr Grand Forks, ND | $30,848,608 | $21,519,698 |
Augustana Health Care Center Of Apple Valley Edina, MN | $23,811,041 | $22,017,190 |
Minnesota Odd Fellows Home Inc Northfield, MN | $22,867,310 | $19,456,798 |
Oakwood Village Prairie Ridge Homes Inc Madison, WI | $61,014,266 | $15,535,778 |
Volunteers Of America Inc Eden Prairie, MN | $8,598,450 | $19,135,120 |
Friends Of Faith Retirement Homes Inc Waterloo, IA | $88,184,689 | $24,765,907 |
Bethany On 42nd Fargo, ND | $42,982,371 | $19,570,716 |