Saint Therese Of New Hope

Organization Overview

Saint Therese Of New Hope is located in St Louis Park, MN. The organization was established in 1967. According to its NTEE Classification (P75) the organization is classified as: Supportive Housing for Older Adults, under the broad grouping of Human Services and related organizations. As of 06/2021, Saint Therese Of New Hope employed 588 individuals. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Saint Therese Of New Hope 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 06/2020, Saint Therese Of New Hope generated $36.4m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.7% each year. All expenses for the organization totaled $37.0m during the year ending 06/2020. While expenses have increased by 0.8% 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

2020

Describe the Organization's Mission:

Part 3 - Line 1

TO PROVIDE HOUSING AND NURSING CARE TO THE ELDERLY.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SAINT THERESE OF NEW HOPE, ESTABLISHED IN 1968, IS THE VERY FIRST OF OUR SPECIALIZED, INNOVATIVE COMMUNITIES WHERE WE'VE HAVE MAINTAINED A TRADITION OF EXCELLENCE WITH SPACIOUS LIVING ENVIRONMENTS, BROAD ACTIVITY CALENDARS AND PERSONALIZED CARE. HERE, YOU'LL ENJOY 11.34 ACRES OF MANICURED GARDENS AND WALKING PATHS, FRESH COFFEE IN OUR CAFE ROSE AND A ROBUST PASTORAL CARE PROGRAM WITH TWO CHAPELS. AT SAINT THERESE OF NEW HOPE, YOU'LL FIND A WARM, COMFORTABLE HOME, EXCEPTIONAL AMENITIES AND WHATEVER LEVEL OF SUPPORT YOU NEED, WHENEVER YOU NEED IT.


SAINT THERESE OF NEW HOPE IS A DELIGHTFUL, WELCOMING SENIOR COMMUNITY OFFERING A FULL CONTINUUM OF CARE. OUR SPACIOUS APARTMENTS ARE IDEAL FOR SENIOR LIVING, WHILE OUR ON-SITE CARE CENTER PROVIDES SKILLED NURSING SUPPORT IN A THOUGHTFUL, COMPASSIONATE ENVIRONMENT. SAINT THERESE OF NEW HOPE HAS 220 APARTMENTS ALONG WITH:LONG-TERM CARE - 115 BEDSTRANSITIONAL CARE - 53 BEDS


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Ultimate Software Group Inc
Payroll Service
$268,255
Zellner Senior Care Consulting
Consulting Services
$221,968
Compudyne Inc
It Services-network
$201,691
Vcpi
It Services-network
$121,228
View All Vendors

Financial Statements

Statement of Revenue
Total Revenue from Contributions, Gifts, Grants & Similar$1,595,820
Investment income $412,822
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales -$200,527
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory $0
Miscellaneous Revenue$0
Total Revenue $36,427,083

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Saint Therese Of New Hope has recieved totaling $107,623.

Awarding OrganizationAmount
Saint Therese

St Louis Park, MN

PURPOSE: GENERAL SUPPORT

$97,544
National Philanthropic Tr

Jenkintown, PA

PURPOSE: HEALTH

$5,079
American Endowment Foundation

Hudson, OH

PURPOSE: PROGRAMS

$5,000
View Grant Recipient Profile

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