2016-11-14T11:16:55-06:00 2015-12-31 390758449 Wipfli LLP 7601 France Avenue South Suite 400 Minneapolis MN 55435 990 2015-01-01 411433860 Iris Park Commons IRIS 6516460622 1850 University Avenue West St Paul MN 55104 Marvin Plakut President & CEO 6512098529 2016-11-07 1 Tim A Ritter CPA P00732856 9525483400 2016-11-07 2015 2017-02-10 21:41:12Z Marvin Plakut 490 east lynnhurst avenue St paul MN 55104 2484734 0 X WWW.EHOMESMN.ORG X 1992 MN PROVIDE FOR THE PHYSICAL, SOCIAL, SPIRITUAL, AND PSYCHOLOGICAL NEEDS OF ITS RESIDENTS AND ARE DESIGNED TO SERVE ADULTS 62 AND OLDER. 21 21 0 22 0 0 558353 14336 1923973 2441075 2142 8874 19787 20449 2504255 2484734 156422 38298 0 0 294535 660871 0 0 0 1676176 1899346 2127133 2598515 377122 -113781 6339942 6418545 8321196 8517085 -1981254 -2098540 Our mission is to enhance the quality of life for senior adults by providing homes and services that support each individuals physical, social and spiritual needs. 0 0 2159863 38298 2441075 IRIS PARK COMMONS IS RESPONSIBLE FOR THE OPERATION OF A 61 UNIT CONGREGATE HOUSING FACILITY ATTACHED TO EPISCOPAL CHURCH HOME OF MINNESOTA. THE ORGANIZATION PROVIDES FOR THE PHYSICAL, SOCIAL, SPIRITUAL, AND PSYCHOLOGICAL NEEDS OF ITS RESIDENTS AND ARE DESIGNED TO SERVE ADULTS 62 AND OLDER. 2159863 1 0 0 0 0 0 0 0 1 1 1 0 0 1 1 0 0 1 0 0 0 0 0 0 0 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 8 0 1 0 0 0 0 0 0 0 0 0 0 0 X 21 21 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 MN X Tom Henry 6512098529 490 E Lynnhurst Avenue st paul MN 55104 Bette Ashcroft Director (Thru November) 0.10 1.10 X 0 0 0 Amy Fistler Director 0.10 1.10 X 0 0 0 Kris Hennelly Director 0.10 1.10 X 0 0 0 Tom Hove Director 0.10 1.10 X 0 0 0 Chris Howard Director 0.10 1.10 X 0 0 0 Mary Huber Director 0.10 1.10 X 0 0 0 Betsy Kelly Director 0.10 1.10 X 0 0 0 James Johnson Director 0.10 1.10 X 0 0 0 Mary Lilja Director 0.10 1.10 X 0 0 0 Cathy McCallister Director 0.10 1.10 X 0 0 0 Robert McClay Director 0.10 1.10 X 0 0 0 The Rev Diane McGowan Director 0.10 1.10 X 0 0 0 The Rev Rex McKee Director 0.10 1.10 X 0 0 0 Catherine Myers Director 0.10 1.10 X 0 0 0 Sarah Nowlin Director 0.10 1.10 X 0 0 0 Mike Semsch Director 0.10 1.10 X 0 0 0 Cynthia Verhey Director 0.10 1.10 X 0 0 0 Jim Wenker Director 0.10 1.10 X 0 0 0 Rick Rinkoff Chair 0.10 1.10 X X 0 0 0 Denise Cole Vice Chair 0.10 1.10 X X 0 0 0 Alden Drew Secretary 0.10 1.10 X X 0 0 0 Bob Stupka Treasurer 0.10 1.10 X X 0 0 0 Marvin Plakut President/CEO 3.00 37.00 X 0 184952 11758 Mike Karel Administrator 3.00 37.00 X 0 148465 10241 Kevin Heil CFO (Thru September) 3.00 37.00 X 0 67119 4268 John T Henry CFO 3.00 37.00 X 0 21692 0 0 422228 26267 0 0 1 0 EH Services INC 490 Lynnhurst Avenue East St Paul MN 55104 Management Services 301554 1 14336 14336 rental revenue 531110 2435340 2435340 Other Resident Charges 531110 5735 5735 2441075 8874 8874 20449 20449 20449 2484734 2441075 0 29323 X 38298 38298 602759 555452 47307 250 230 20 28755 26498 2257 29107 26823 2284 301554 301554 630 630 6447 6447 527773 510005 17768 273 138 135 37394 30813 6581 11988 11988 206213 206213 4099 4099 1265 793 472 355568 355568 325716 325716 35329 8417 26912 Repairs and Maintenance 36937 36937 Equipment Rental 17954 7919 10035 dues and subscriptions 4451 241 4210 Licenses and taxes 218 168 50 25537 25535 2 2598515 2159863 438652 0 141378 47320 849467 1498718 105633 243429 1461 8621 7639068 3737173 4031000 3901895 1211003 718562 6339942 6418545 598135 118425 6594250 6474000 161754 182394 721683 538186 245374 1204080 8321196 8517085 X -2112492 -2132570 115087 17879 16151 16151 -1981254 -2098540 6339942 6418545 X -113781 -8151 4646 X X 0 1 X 1 0 X 380085 9210502 3074274 558353 14336 13237550 1797325 1896284 1929444 1923973 2441075 9988101 146870 2219 5257 19787 20449 194582 2324280 11109005 5008975 2502113 2475860 23420233 0 260193 753096 1013289 260193 753096 1013289 22406944 9974 4767 2929 2142 8874 28686 9974 4767 2929 2142 8874 28686 2334254 11113772 5011904 2504255 2484734 23448919 0.95560 0.96360 0.00120 0.00110 X 0 1 X 115087 4646 101854 17879 26805 86940 1342 115087 11279537 2886 11255618 26805 90970 9210502 2015361 37296 11279537 22324 37296 31350 90970 0.00000 0.00000 1.00000 0 0 36773 36773 7128757 3441994 3686763 432801 295179 137622 40737 40737 3901895 Related Party Receivables 412812 Interest in Net Assets of EHF 29935 Deferred Financing 275815 718562 Related Party Payables 1204080 1204080 2470398 0 2470398 14336 14336 2484734 2598515 0 2598515 0 2598515 Part IV, Line 2b: The organization is the trustee of resident funds and has fiduciary responsibility for the administration and distribution of these funds for residents of the Organization. Part V, Line 4: The balance of the Endowment fund consists of a HUD capital advance mortgage note. The advance bears no interest, and repayment is not required as long as the housing remains available for very-low income elderly persons in accordance with regulatory agreements and regulations for a period of 40 years. Managament believes that the possibility that repayment will occur is remote and that the treatment of the Capital Advance as a temporarily restricted contribution related to the acquisition of a long-lived asset and will continue to report it as such as long as the use of the housing project remains restricted by HUD. Part XI, Line 4b - Other Adjustments: Contribution to restricted net assets 14,336. 1 EH Services Inc 490 Lynnhurst Avenue East St Paul MN 55104 455322401 501(c)(3) 38298 Operational Support 1 0 Part I, Line 2: THE ORGANIZATION ONLY GRANTS FUNDS TO ORGANIZATIONS THAT ARE RELATED IN CONTROL. THE FUNDS ARE MONITORED BY THE ORGANIZATION'S FISCAL AND OPERATIONAL DEPARTMENTS. 0 0 0 0 0 0 0 0 0 Marvin Plakut President/CEO 0 173913 0 10000 0 1039 0 4565 0 7193 0 196710 0 0 Mike Karel Administrator 0 137309 0 10000 0 1156 0 3657 0 6584 0 158706 0 0 Form 990, Part IV, Line 24a The organization shares the proceeds and purpose of a tax exempt bond issued in 2012 with a related organization, Episcopal Church Home of Minnesota. The details of the bond can be found on the Schedule K filed with the Episcopal Church Home of Minnesota 990. At the end of the tax year, 12/31/2015, the outstanding balance of the bond for Episcopal Church Home of Minnesota and Iris Park Commons was $3,486,000 and 6,474,000 respectively. Form 990, Part VI, Section A, line 3 EH Services, Inc. is a related, 501(c)(3) organization that is responsible for managing the organization. Form 990, Part VI, Section A, line 6 The organization has a sole member, Episcopal Homes of Minnesota, a Minnesota nonprofit corporation. Form 990, Part VI, Section A, line 7a The sole member of the corporation, Episcopal Homes of Minnesota, has the voting rights of the organization and therefore the ability to elect and appoint all members of the governing body. All board members of Episcopal Homes of Minnesota, are board members of the organization. Form 990, Part VI, Section A, line 7b The sole member of the corporation, Episcopal Homes of Minnesota, has the ability to elect and appoint all members of the governing body and therefore are reserved the right to make governance decisions for the organization. All board members of Episcopal Homes of Minnesota, are board members of the organization. Form 990, Part VI, Section B, line 11 The 990 is prepared by the CPA firm hired by the organization to perform the audit using information provided by the organization. The CFO reviews the return and approves. The Form 990 is made available to the Board of Directors prior to submission to the Internal Revenue Service. Form 990, Part VI, Section B, line 12c ALL MEMBERS ARE RESPONSIBLE TO - WITHOUT REQUEST - MAKE A PROMPT, FULL, AND FRANK DISCLOSURE OF HIS OR HER CONFLICT OF INTEREST THEREIN TO THE ENTIRE BOARD PRIOR TO ANY ACTION UPON THE MATTER, CONTRACT, OR TRANSACTION THAT CAUSES CONFLICT. IF THE BOARD DETERMINES THAT A CONFLICT OF INTEREST EXISTS, THE PERSON SHALL REMOVE THEMSELF FROM THE MEETING ROOM OR FROM THE COMMUNICATION MEANS BY WHICH THE MEETING IS BEING HELD. Form 990, Part VI, Section C, line 19 The organization makes its Governing Documents, conflict or interest policy, and financial statements are available upon request of the CEO and Director of Finance. Form 990, Part IX, line 11g Other Professional Services: Program service expenses 510,005. Management and general expenses 17,768. Fundraising expenses 0. Total expenses 527,773. Form 990, Part XI, line 9: Change in Interest in foundation 4,646. Form 990, Part XII, Line 2c The Board of Director's finance committee is responsible for oversight of the audit and selection of an independent accountant. This process has not changed from the prior year. Episcopal Homes of Minnesota 490 Lynnhurst Avenue East St Paul MN 55104 911983254 Provision of Senior Housing and Care Services MN 501(c)(3) Line 1 N/A 0 Carty Heights 412 Dunlap Street N St Paul MN 55104 204250735 Senior Housing MN 501(c)(3) Line 9 Episcopal Homes of Minnesota 1 Cornelia House 490 Lynnhurst Avenue East St Paul MN 55104 061692748 senior Housing MN 501(c)(3) Line 9 Episcopal Homes of Minnesota 1 EH Services INC 490 Lynnhurst Avenue East St Paul MN 55104 455322401 Facilities Managment MN 501(c)(3) Line 11a, I Episcopal Homes of Minnesota 1 Episcopal Church Home of Minnesota 1879 Feronia Avenue St Paul MN 55104 410706110 Nursing Home MN 501(c)(3) Line 9 Episcopal Homes of Minnesota 1 Episcopal Home Care and Services 490 Lynnhurst Avenue East St Paul MN 55104 270907277 Home Care MN 501(c)(3) Line 9 Episcopal Homes of Minnesota 1 Episcopal Homes Foundation of Minnesota 490 Lynnhurst Avenue East St Paul MN 55104 411703612 Fundraising MN 501(c)(3) Line 7 Episcopal Homes of Minnesota 1 Kings Crossing Apartments 490 Lynnhurst Avenue East St Paul MN 55104 264270887 Senior Housing MN 501(c)(3) Line 9 Episcopal Homes of Minnesota 1 Midway Pointe 490 Lynnhurst Avenue East St Paul MN 55104 454788152 Low Income Housing MN 501(c)(3) Line 9 Episcopal Homes of Minnesota 1 Seabury 1830 University Avenue West St Paul MN 55104 411997880 Low Income Housing MN 501(c)(3) Line 9 Episcopal Homes of Minnesota 1 Episcopal Homes Management Services of Minnesota Inc 490 Lynnhurst Avenue East St Paul MN 55104 411695916 Management MN N/A C 0 Episcopal Homes Owners Association 490 Lynnhurst Avenue East St Paul MN 55104 413917931 Management MN N/A C 0 0 1 1 1 1 0 0 0 0 0 0 0 1 1 1 1 1 0 0 EH Services M 301554 Book Value Episcopal Church home of Minnesota P 660871 Book Value Episcopal Church home of Minnesota Q 233061 Book Value