Presbyterian Homes Of Bloomington Inc

Organization Overview

Presbyterian Homes Of Bloomington Inc is located in Roseville, MN. The organization was established in 1997. According to its NTEE Classification (E91) the organization is classified as: Nursing Facilities, under the broad grouping of Health Care and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Presbyterian Homes Of Bloomington 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 Bloomington Inc generated $1.8m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.2% each year. All expenses for the organization totaled $1.8m during the year ending 09/2021. While expenses have increased by 0.0% 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 PRESBYTERIAN HOMES OF BLOOMINGTON, INC. 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 OPERATES AN 88 INDEPENDENT SENIOR APARTMENT BUILDING IN BLOOMINGTON MINNESOTA.


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Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$9,929
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$9,929
Total Program Service Revenue$1,444,796
Investment income $81,265
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $203,005
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 $1,771,215

Grants Recieved

Over the last fiscal year, we have identified 3 grants that Presbyterian Homes Of Bloomington Inc has recieved totaling $25,361.

Awarding OrganizationAmount
Presbyterian Homes Foundation

Roseville, MN

PURPOSE: FURTHER EXEMPT PURPOSE

$9,929
Network For Good Inc

Washington, DC

PURPOSE: Unrestricted

$7,716
Network For Good Inc

Washington, DC

PURPOSE: Unrestricted

$7,716
View Grant Recipient Profile

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