2012-03-27T09:55:58-05:00 2011-06-30 CLIFTONLARSONALLEN LLP 220 SOUTH SIXTH STREET SUITE 300 MINNEAPOLIS MN 55402 990 2010-07-01 411704381 ST THERESE FOUNDATION INC STTH 7635315000 8000 BASS LAKE ROAD NEW HOPE MN 55428 MIKE WARDEN 7635315000 2012-03-08 1 JEFF VRIEZE 6123764500 2010 2016-02-24 21:20:13Z BARB RODE 8000 BASS LAKE ROAD NEW HOPE MN 55428 1598417 0 X WWW.STTHERESEMN.ORG X 1991 MN PROVIDING FUNDRAISING, PLANNING, AND OTHER SUPPORT TO AFFILIATED ORGANIZATIONS. 17 17 0 41 0 0 364396 481946 0 0 193396 252320 -21028 -30131 536764 704135 277141 86070 0 0 112354 131661 28102 16657 29275 107104 94403 524701 328791 12063 375344 4891835 5566918 261630 168987 4630205 5397931 X PROVIDING FUNDRAISING, PLANNING, AND OTHER SUPPORT TO AFFILIATED ORGANIZATIONS. 0 0 276856 86070 0 FROM THE VERY BEGINING, ST. THERESE HAS TAKEN PRIDE IN THE FACT THAT IT HAS ALWAYS BEEN A GOOD MEMBER OF THE COMMUNITY. AS A NON-PROIT ORGANIZATION, ST. THERESE STRIVES TO HELP OTHER WITHIN OUR IMMEDIATE NEIGHBORHOOD AND BEYOND. WE BELIEVE IT IS ALSO IMPORTANT TO COMMUNICATE OUR OUTREACH AND SUPPORT OF THE GREATER COMMUNITY AS PART OF OUR MISSION. ST. THERESE FOUNDATION PROVIDES FUNDRAISING, LONG-RANGE PLANNING, AND OTHER SUPPORT TO AFFILIATED TAX EXEMPT ORGANIZATIONS. ST. THERESE FOUNDATION IS AFFILIATED WITH ST. THERESE HOME, WHICH OPERATES A 302-BED NURSING FACILITY AND A 221-UNIT RETIREMENT APARTMENT COMPLEX. THE FOUNDATION IS ALSO AFFILIATED WITH ST. THERESE AT OXBOW LAKE, A 142-UNIT SENIOR HOUSING PROJECT CONSISTING OF 82 INDEPENDENT UNITS, 41 ASSISTED LIVING UNITS, AND 19 MEMORY CARE UNITS.IN FISCAL YEAR 2010 - 2011, ST. THERESE FOUNDATION TRANSFERRED OVER $86,000 TO SUPPORT THE MISSIONS OF ST. THERESE HOME AND ST. THERESE OF OXBOW LAKE. 276856 1 1 0 0 0 0 0 0 1 1 0 0 0 1 1 0 1 0 0 0 0 0 1 1 0 0 1 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 1 7 0 1 0 0 0 0 0 1 1 1 1 0 0 0 1 0 X 17 17 0 0 0 0 0 0 0 1 1 0 0 0 1 1 1 1 1 0 0 0 MN X X LARRY GROTZ 7635315476 8000 BASS LAKE ROAD NEW HOPE MN 55428 KAYE FOLEY 1.00 X X 0 0 0 DR CHRISTOPHER DOWNEY 1.00 X X 0 0 0 MARY ORTIZCAZARIN 1.00 X X 0 0 0 JENNIFER SHALTZ 1.00 X X 0 0 0 DR JOSEPH AMBERG 1.00 X 0 0 0 PATRICK J BORAN 1.00 X 0 0 0 JJ CHOROMANSKI 1.00 X 0 0 0 FR MICHAEL BYRON 1.00 X 0 0 0 RICHARD FABER 1.00 X 0 0 0 FR JOSEPH GILLESPIE 1.00 X 0 0 0 DAVID M HOFFMAN 1.00 X 0 0 0 STEPHEN G IMHOLTE 1.00 X 0 0 0 KRISTIN KOPP 1.00 X 0 0 0 DR JOHN C MANION 1.00 X 0 0 0 JANE MCCROSSAN 1.00 X 0 0 0 KAREN SAMES SR 1.00 X 0 0 0 WAYNE H THALHUBER 1.00 X 0 0 0 BARBARA RODE 8.00 X 0 191649 7343 MIKE WARDEN 10.00 X 0 128834 3125 JOHN LEBLANC 30.00 X 0 100023 25404 0 420506 35872 0 0 1 0 0 205753 276193 17228 481946 142994 142994 950337 841011 109326 109326 109326 23140 205753 53271 -30131 -30131 704135 0 0 222189 86070 86070 131661 131661 11707 11707 16657 16657 40304 40304 18821 18821 1243 1243 2765 2765 1431 1431 2257 2257 97 97 FOOD 12481 730 11751 ASSOCIATION DUES 1022 1022 MISCELLANEOUS 968 968 COMMUNITY BENEFIT 600 600 MINOR EQUIPMENT 440 440 267 267 328791 276856 22660 29275 567205 422734 55737 134171 2789 24 58380 58380 0 0 4266104 4858371 0 151618 4891835 5566918 17559 16035 244071 152952 261630 168987 X 4174060 4582801 298890 641623 157255 173507 4630205 5397931 4891835 5566918 X 375344 392382 X 0 1 1 X 0 X 327808 399405 335864 364396 481946 1909419 327808 399405 335864 364396 481946 1909419 1909419 188479 182736 170117 162341 142994 846667 4141 1024 10 5175 2761261 74427 0.69150 0.63670 X SCHEDULE A, PART II, LINE 10, EXPLANATION OF OTHER INCOME: OTHER INCOME FROM VARIOUS SOURCES RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 324447 29700 22177 22177 354147 257180 67267 12448 12448 324447 100000 157180 1718 1718 257180 0.51000 0.49000 0 0 58380 58380 0 0 DUE TO AFFILIATES 152952 152952 DESCRIPTION OF INTENDED USE OF ENDOWMENT FUNDS: PART V, LINE 4: ENDOWMENT FUNDS ARE USED TO FURTHER THE MISSION OF ST. THERESE, WHICH INCLUDES PROVIDING HOUSING, NURSING CARE AND PASTORAL CARE TO THE ELDERLY. DESCRIPTION OF UNCERTAIN TAX POSITIONS UNDER FIN 48: PART X: THE ORGANIZATION'S INCOME TAX RETURNS ARE SUBJECT TO REVIEW AND EXAMINATION IN THE U.S. FEDERAL, STATE, AND LOCAL AUTHORITIES. THE ORGANIZATION IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME, EXCISE OR OTHER TAXES THAT MAY JEOPARDIZE ITS TAX-EXEMPT STATUS. THE TAX RETURNS FOR THE YEARS 2008 TO 2010 ARE OPEN TO EXAMINATION BY FEDERAL, LOCAL, AND STATE AUTHORITIES. X X X X X X X 1 GRETCHEN SCHERER 1452 LAKEVIEW AVENUE SOUTH MINNEAPOLIS MN 55416 FUNDRAISING 0 100000 16657 83343 100000 16657 83343 MN ASSOCIATE DINNER 155748 141248 14500 1195 18072 2150 13319 GOLF CLASSIC 53925 45285 8640 832 5825 7208 1 19220 19220 175 4495 228893 205753 23140 2027 23897 2325 25022 53271 -30131 1 ST THERESE HOME INC 8000 BASS LAKE ROAD NEW HOPE MN 55428 410888641 501(C)(3) 75767 GENERAL OPERATING SUPPORT ST THERESE AT OXBOW LAKE INC 8000 BASS LAKE ROAD NEW HOPE MN 55428 205835911 501(C)(3) 10303 GENERAL OPERATING SUPPORT 2 0 PROCEDURE FOR MONITORING GRANTS IN THE U.S.: PART I, LINE 2: SCHEDULE I, PART I, LINE 2: ALL GRANTS ARE MADE TO RELATED ORGANIZATIONS THAT ARE UNDER COMMON MANAGEMENT WHO REGULARLY MONITOR THE ACTIVITIES, REVENUES AND EXPENDITURES OF THE RELATED ORGANIZATIONS. 0 0 0 0 0 0 0 0 0 BARBARA RODE 0 181649 0 10000 0 0 0 5461 0 1882 0 198992 0 0 SUPPLEMENTAL INFORMATION PART III PART I, LINE 3 THE CEO'S COMPENSATION IS DETERMINED BY ST. THERESE HOME, INC., AN AFFILIATED ORGANIZATION. ST. THERESE HOME USES THE FOLLOWING TO ESTABLISH THE COMPENSATION OF THE CEO: 1. COMPENSATION COMMITTEE 2. INDEPENDENT COMPENSATION CONSULTANT 3. COMPENSATION SURVEY OR STUDY 4. APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE FORM 990, PART VI, SECTION A, LINE 1 EXECUTIVE COMMITTEE IS MADE UP ENTIRELY OF GOVERNING BODY MEMBERS AND HAS SPECIFICALLY DELEGATED SCOPE OF AUTHORITY. FORM 990, PART VI, SECTION B, LINE 11 THE 990 IS REVIEWED AND APPROVED BY THE FINANCE COMMITTEE AND IS SUBMITTED FOR BOARD APPROVAL PRIOR TO FILING. FORM 990, PART VI, SECTION B, LINE 12C ALL DIRECTORS, OFFICERS AND KEY MANAGEMENT EMPLOYEES ARE ANNUALLY REQUIRED TO DISCLOSE ANY CONFLICTS OF INTEREST. THE DISCLOSURES ARE REPORTED TO THE BOARD OF DIRECTORS. INDIVIDUALS HAVING MATERIAL CONFLICTS OF INTEREST ARE ASKED TO REFRAIN FROM VOTING ON ANY ACTION THAT MAY BE INFLUENCED BY THE CONFLICT. FORM 990, PART VI, SECTION C, LINE 19 THE FOUNDATION DOES NOT MAKE ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY OR FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC. CHANGES IN NET ASSETS OR FUND BALANCES: FORM 990, PART XI, LINE 5: NET UNREALIZED GAINS ON INVESTMENTS: 392,382. AVERAGE WEEKLY HOURS FORM 990, PART VII, SECTION A THE COMPENSATED OFFICERS OF ST. THERESE FOUNDATION ALSO SPEND TIME EACH WEEK SERVING THE FOUNDATION'S AFFILIATED ORGANIZATIONS. THE TIME OF BARB RODE, PRESIDENT & CEO, WAS SPENT AS FOLLOWS: ST. THERESE FOUNDATION: 8 HOURS ST. THERESE HOME: 24 HOURS ST. THERESE AT OXBOW LAKE: 8 HOURS THE TIME OF MIKE WARDEN, CFO, WAS SPENT AS FOLLOWS: ST. THERESE FOUNDATION: 10 HOURS ST. THERESE HOME: 20 HOURS ST. THERESE AT OXBOW LAKE: 10 HOURS THE TIME OF JOHN LEBLANC, DIRECTOR/DEVELOPMENT,MARKETING, WAS SPENT AS FOLLOWS: ST. THERESE FOUNDATION: 30 HOURS ST. THERESE HOME: 10 HOURS ST THERESE HOME INC 8000 BASS LAKE ROAD NEW HOPE MN 55428 410888641 HOUSING & NURSING CARE FOR THE ELDERLY MN 501(C)(3) 9 ST THERESE FOUNDATION INC 1 ST THERESE AT OXBOW LAKE INC 8000 BASS LAKE ROAD NEW HOPE MN 55428 205835911 HOUSING & NURSING CARE FOR THE ELDERLY MN 501(C)(3) 7 ST THERESE FOUNDATION INC 1 0 1 0 0 0 0 0 0 0 0 1 1 1 1 1 0 1 0 ST THERESE HOME INC B 75767 COST