PRESBYTERIAN HOMES FOUNDATION: Form 990, tax year 2009
View the entire original 990 at ProPublica ↗
- Organization
- PRESBYTERIAN HOMES FOUNDATION (EIN 41-1465334)
- Tax period
- 2009-10-01 to 2010-09-30
- Filed
- 2011-08-12
- IRS object ID
- 201102249349301535
- Schema version
- 2009v1.7
- Source
- Download XML · Original 990 at ProPublica
Every field in the e-filed return. Faint text is the IRS element name, for citing.
- Return header
- Form 990
- Schedule A
- Schedule B
- Schedule D
- Schedule F
- Schedule I
- Schedule J
- Schedule O
- Schedule R
Return header ReturnHeader
| Field | Value | IRS element (for citing) |
|---|---|---|
| Timestamp | 2011-08-12T16:13:59-05:00 | Timestamp |
| Tax Period End Date | 2010-09-30 | TaxPeriodEndDate |
Preparer Firm PreparerFirm
Preparer Firm Business Name PreparerFirmBusinessName
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | LARSONALLEN LLP | BusinessNameLine1 |
Preparer Firm US Address PreparerFirmUSAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 220 SOUTH SIXTH STREET SUITE 300 | AddressLine1 |
| City | MINNEAPOLIS | City |
| State | MN | State |
| ZIP Code | 55402 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Return Type | 990 | ReturnType |
| Tax Period Begin Date | 2009-10-01 | TaxPeriodBeginDate |
Filer Filer
| Field | Value | IRS element (for citing) |
|---|---|---|
| EIN | 411465334 | EIN |
Name Name
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | PRESBYTERIAN HOMES FOUNDATION | BusinessNameLine1 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Control | PRES | NameControl |
| Phone | 6516316300 | Phone |
US Address USAddress
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2845 HAMLINE AVENUE North | AddressLine1 |
| City | ROSEVILLE | City |
| State | MN | State |
| ZIP Code | 55113 | ZIPCode |
Officer Officer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | MARK MEYER | Name |
| Title | CFO | Title |
| Phone | 6516316300 | Phone |
| Date Signed | 2011-08-11 | DateSigned |
| Authorize Third Party | 1 | AuthorizeThirdParty |
Preparer Preparer
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name | Terrance O'Reilly | Name |
| Phone | 6123764500 | Phone |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Tax Year | 2009 | TaxYear |
| Build TS | 2016-02-24 21:20:13Z | BuildTS |
Form 990 IRS990
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Of Principal Officer Person | Dan Lindh | NameOfPrincipalOfficerPerson |
Address Principal Officer US AddressPrincipalOfficerUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2845 HAMLINE AVENUE North | AddressLine1 |
| City | ROSEVILLE | City |
| State | MN | State |
| ZIP Code | 55113 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Gross Receipts | 6828193 | GrossReceipts |
| Group Return For Affiliates | 0 | GroupReturnForAffiliates |
| Organization501c | X | Organization501c |
| Web Site | WWW.PRESHOMES.ORG | WebSite |
| Type Of Organization Corporation | X | TypeOfOrganizationCorporation |
| Year Formation | 1982 | YearFormation |
| State Legal Domicile | MN | StateLegalDomicile |
| Activity Or Mission Description | TO ENRICH THE LIVES OF OLDER ADULTS THROUGH SERVICES & COMMUNITIES THAT REFLECT THE LOVE OF GOD. | ActivityOrMissionDescription |
| Nbr Voting Members Governing Body | 3 | NbrVotingMembersGoverningBody |
| Nbr Independent Voting Members | 1 | NbrIndependentVotingMembers |
| Total Nbr Employees | 0 | TotalNbrEmployees |
| Total Nbr Volunteers | 1 | TotalNbrVolunteers |
| Total Gross UBI | 0 | TotalGrossUBI |
| Net Unrelated Business Txbl Income | 0 | NetUnrelatedBusinessTxblIncome |
| Contributions Grants Prior Year | 1335771 | ContributionsGrantsPriorYear |
| Contributions Grants Current Year | 5438493 | ContributionsGrantsCurrentYear |
| Program Service Revenue CY | 0 | ProgramServiceRevenueCY |
| Investment Income Prior Year | 1232623 | InvestmentIncomePriorYear |
| Investment Income Current Year | 1389700 | InvestmentIncomeCurrentYear |
| Other Revenue Current Year | 0 | OtherRevenueCurrentYear |
| Total Revenue Prior Year | 2568394 | TotalRevenuePriorYear |
| Total Revenue Current Year | 6828193 | TotalRevenueCurrentYear |
| Grants And Similar Amnts Prior Year | 2494174 | GrantsAndSimilarAmntsPriorYear |
| Grants And Similar Amnts CY | 5813303 | GrantsAndSimilarAmntsCY |
| Benefits Paid To Members CY | 0 | BenefitsPaidToMembersCY |
| Salaries Etc Current Year | 0 | SalariesEtcCurrentYear |
| Total Prof Fundrsng Exp CY | 0 | TotalProfFundrsngExpCY |
| Total Fundrsng Exp Current Year | 0 | TotalFundrsngExpCurrentYear |
| Other Expense Prior Year | 2858882 | OtherExpensePriorYear |
| Other Expenses Current Year | 1065187 | OtherExpensesCurrentYear |
| Total Expenses Prior Year | 5353056 | TotalExpensesPriorYear |
| Total Expenses Current Year | 6878490 | TotalExpensesCurrentYear |
| Revenues Less Expenses Prior Year | -2784662 | RevenuesLessExpensesPriorYear |
| Revenues Less Expenses CY | -50297 | RevenuesLessExpensesCY |
| Total Assets BOY | 39716000 | TotalAssetsBOY |
| Total Assets EOY | 42138284 | TotalAssetsEOY |
| Total Liabilities BOY | 4755000 | TotalLiabilitiesBOY |
| Total Liabilities EOY | 6194119 | TotalLiabilitiesEOY |
| Net Assets Or Fund Balances BOY | 34961000 | NetAssetsOrFundBalancesBOY |
| Net Assets Or Fund Balances EOY | 35944165 | NetAssetsOrFundBalancesEOY |
| Mission Description | The mission of Presbyterian Homes Foundation is to entrich the lives of older adults through services and communities that reflect the love of God. | MissionDescription |
| Significant New Program Services | 0 | SignificantNewProgramServices |
| Significant Change | 0 | SignificantChange |
| Expense | 5847422 | Expense |
| Grants | 5813303 | Grants |
| Revenue | 0 | Revenue |
| Description | The Foundation is formed to aid, Support, and promote the 501C(3) purposes of the Presbyterian Homes and its affiliates. Specifically, the Foundation provided more than $5.8 million in awards to affiliated organizations during the year ended September 30, 2010. These awards are used to provide housing and other care services to the elderly in accordance with the exempt purposes of the recipient charitabl e affiliates. | Description |
| Total Program Service Expense | 5847422 | TotalProgramServiceExpense |
| Described In501 C3 | 1 | DescribedIn501C3 |
| Schedule B Required | 1 | ScheduleBRequired |
| Political Activities | 0 | PoliticalActivities |
| Lobbying Activities | 0 | LobbyingActivities |
| Donor Advised Funds | 0 | DonorAdvisedFunds |
| Conservation Easements | 0 | ConservationEasements |
| Collections Of Art | 0 | CollectionsOfArt |
| Credit Counseling | 0 | CreditCounseling |
| Term Or Permanent Endowments | 1 | TermOrPermanentEndowments |
| Balance Sheet Amounts Reported | 1 | BalanceSheetAmountsReported |
| Independent Audit Financial Stmt | 0 | IndependentAuditFinancialStmt |
| Consolidated Audit Financial Stmt | 1 | ConsolidatedAuditFinancialStmt |
| School | 0 | School |
| Foreign Office | 0 | ForeignOffice |
| Foreign Activities | 0 | ForeignActivities |
| More Than5000 K To Organizations | 1 | MoreThan5000KToOrganizations |
| More Than5000 K To Individuals | 0 | MoreThan5000KToIndividuals |
| Professional Fundraising | 0 | ProfessionalFundraising |
| Fundraising Activities | 0 | FundraisingActivities |
| Gaming | 0 | Gaming |
| Hospital | 0 | Hospital |
| Grants To Organizations | 1 | GrantsToOrganizations |
| Grants To Individuals | 0 | GrantsToIndividuals |
| Schedule J Required | 1 | ScheduleJRequired |
| Tax Exempt Bonds | 0 | TaxExemptBonds |
| Excess Benefit Transaction | 0 | ExcessBenefitTransaction |
| Prior Excess Benefit Transaction | 0 | PriorExcessBenefitTransaction |
| Loan To Officer Or DQP | 0 | LoanToOfficerOrDQP |
| Grant To Related Person | 0 | GrantToRelatedPerson |
| Bsnss Rltnshp With Organization | 0 | BsnssRltnshpWithOrganization |
| Bsnss Rltnshp Thru Family Member | 0 | BsnssRltnshpThruFamilyMember |
| Officer Entity With Bsnss Rltnshp | 0 | OfficerEntityWithBsnssRltnshp |
| Deductible Non Cash Contributions | 0 | DeductibleNonCashContributions |
| Deductible Contributions Of Art | 0 | DeductibleContributionsOfArt |
| Terminated | 0 | Terminated |
| Partial Liquidation | 0 | PartialLiquidation |
| Disregarded Entity | 0 | DisregardedEntity |
| Related Entity | 1 | RelatedEntity |
| Related Org Controlled Entity | 0 | RelatedOrgControlledEntity |
| Transfers To Exempt Non Chrtbl Org | 0 | TransfersToExemptNonChrtblOrg |
| Activities Conducted Partnership | 0 | ActivitiesConductedPartnership |
| Schedule O Required | 1 | ScheduleORequired |
| Number Forms Transmitted With1096 | 5 | NumberFormsTransmittedWith1096 |
| Number W2 G Included | 0 | NumberW2GIncluded |
| Number Of Employees | 0 | NumberOfEmployees |
| Unrelated Business Income | 0 | UnrelatedBusinessIncome |
| Foreign Financial Account | 0 | ForeignFinancialAccount |
| Prohibited Tax Shelter Trans | 0 | ProhibitedTaxShelterTrans |
| Taxable Party Notification | 0 | TaxablePartyNotification |
| Non Deductible Contributions | 0 | NonDeductibleContributions |
| Quid Pro Quo Contributions | 0 | QuidProQuoContributions |
| Form8282 Property Disposed Of | 1 | Form8282PropertyDisposedOf |
| Number Of8282 Filed | 2 | NumberOf8282Filed |
| Funds To Pay Premiums | 0 | FundsToPayPremiums |
| Premiums Paid | 0 | PremiumsPaid |
| Nbr Voting Governing Body Members | 3 | NbrVotingGoverningBodyMembers |
| Number Independent Voting Members | 1 | NumberIndependentVotingMembers |
| Family Or Business Relationship | 0 | FamilyOrBusinessRelationship |
| Delegation Of Management Duties | 0 | DelegationOfManagementDuties |
| Changes To Organizing Docs | 0 | ChangesToOrganizingDocs |
| Material Diversion Or Misuse | 0 | MaterialDiversionOrMisuse |
| Members Or Stockholders | 1 | MembersOrStockholders |
| Election Of Board Members | 1 | ElectionOfBoardMembers |
| Decisions Subject To Approval | 0 | DecisionsSubjectToApproval |
| Minutes Of Governing Body | 1 | MinutesOfGoverningBody |
| Minutes Of Committees | 1 | MinutesOfCommittees |
| Officer Mailing Address | 0 | OfficerMailingAddress |
| Local Chapters | 0 | LocalChapters |
| Form990 Provided To Governing Body | 1 | Form990ProvidedToGoverningBody |
| Conflict Of Interest Policy | 1 | ConflictOfInterestPolicy |
| Annual Disclosure Covered Persons | 1 | AnnualDisclosureCoveredPersons |
| Regular Monitoring Enforcement | 1 | RegularMonitoringEnforcement |
| Whistleblower Policy | 1 | WhistleblowerPolicy |
| Document Retention Policy | 1 | DocumentRetentionPolicy |
| Compensation Process CEO | 0 | CompensationProcessCEO |
| Compensation Process Other | 0 | CompensationProcessOther |
| Investment In Joint Venture | 0 | InvestmentInJointVenture |
| States Where Copy Of Return Is Filed | MN | StatesWhereCopyOfReturnIsFiled |
| Upon Request | X | UponRequest |
The Books Are In Care Of TheBooksAreInCareOf
| Field | Value | IRS element (for citing) |
|---|---|---|
| Name Person | HEIDI PETERSON | NamePerson |
| Telephone Number | 6516316162 | TelephoneNumber |
Address US AddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | 2845 HAMLINE AVENUE NORTH | AddressLine1 |
| City | ROSEVILLE | City |
| State | MN | State |
| ZIP Code | 55113 | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| No Listed Persons Compensated | X | NoListedPersonsCompensated |
Form990 Part VII Section A Form990PartVIISectionA (8 entries)
| TitleTitle | Average Hours Per WeekAverageHoursPerWeek | Individual Trustee Or DirectorIndividualTrusteeOrDirector | OfficerOfficer | Reportable Comp From OrganizationReportableCompFromOrganization | Reportable Comp From Related OrgsReportableCompFromRelatedOrgs | Other CompensationOtherCompensation | Key EmployeeKeyEmployee | FormerFormer |
|---|---|---|---|---|---|---|---|---|
| larry carlson | ||||||||
| CHAIR | 1.00 | X | X | 0 | 0 | 0 | ||
| dan lindh | ||||||||
| VICE CHAIR/CEO | 40.00 | X | X | 0 | 506343 | 21023 | ||
| mark meyer | ||||||||
| SECRETARY/TREASURER/CFO | 40.00 | X | X | 0 | 275033 | 14444 | ||
| Janna Severance | ||||||||
| corporate Counsel | 40.00 | 0 | 221370 | 12678 | X | |||
| Cathy Bergland | ||||||||
| Executive Director Operations | 40.00 | 0 | 242039 | 9689 | X | |||
| Sharon Klefsaas | ||||||||
| Executive Director Operations | 40.00 | 0 | 181459 | 10196 | X | |||
| karen mckenna | ||||||||
| Executive director human resources | 40.00 | 0 | 204429 | 6311 | X | |||
| PHil Hanson | ||||||||
| Director of Quality | 40.00 | 0 | 158524 | 14870 | X | |||
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Reportable Comp From Org | 0 | TotalReportableCompFromOrg |
| Total Reportable Comp Frm Rltd Orgs | 1789197 | TotalReportableCompFrmRltdOrgs |
| Total Other Compensation | 89211 | TotalOtherCompensation |
| Number Individuals GT100 K | 0 | NumberIndividualsGT100K |
| Formers Listed | 1 | FormersListed |
| Total Comp GT150 K | 1 | TotalCompGT150K |
| Compensation From Other Sources | 0 | CompensationFromOtherSources |
| Number Of Contractors GT100 K | 0 | NumberOfContractorsGT100K |
| All Other Contributions | 5438493 | AllOtherContributions |
| Total Contributions | 5438493 | TotalContributions |
Investment Income InvestmentIncome
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 1389700 | TotalRevenueColumn |
| Exclusion | $1,389,700 | ExclusionAmount |
Total Revenue TotalRevenue
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Revenue Column | 6828193 | TotalRevenueColumn |
| Related Or Exempt Function Income | 0 | RelatedOrExemptFunctionIncome |
| Unrelated Business Revenue | 0 | UnrelatedBusinessRevenue |
| Exclusion | $1,389,700 | ExclusionAmount |
Grants To Domestic Orgs GrantsToDomesticOrgs
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 5813303 | Total |
| Program Services | 5813303 | ProgramServices |
Fees For Services Management FeesForServicesManagement
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 1027748 | Total |
| Management And General | 1027748 | ManagementAndGeneral |
Fees For Services Accounting FeesForServicesAccounting
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 3320 | Total |
| Management And General | 3320 | ManagementAndGeneral |
Other Expenses OtherExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Description | MISCELLANEOUS EXPENSES | Description |
| Total | 34119 | Total |
| Program Services | 34119 | ProgramServices |
Total Functional Expenses TotalFunctionalExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total | 6878490 | Total |
| Program Services | 5847422 | ProgramServices |
| Management And General | 1031068 | ManagementAndGeneral |
| Fundraising | 0 | Fundraising |
Savings And Temp Cash Investments SavingsAndTempCashInvestments
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 380000 | BOY |
| EOY | 472133 | EOY |
Pledges And Grants Receivable PledgesAndGrantsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1889000 | BOY |
| EOY | 1519999 | EOY |
Accounts Receivable AccountsReceivable
| Field | Value | IRS element (for citing) |
|---|---|---|
| EOY | -18649 | EOY |
Investments Other Securities InvestmentsOtherSecurities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 31565000 | BOY |
| EOY | 34109733 | EOY |
Other Assets Total OtherAssetsTotal
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 5882000 | BOY |
| EOY | 6055068 | EOY |
Total Assets TotalAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39716000 | BOY |
| EOY | 42138284 | EOY |
Accounts Payable Accrued Expenses AccountsPayableAccruedExpenses
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1100000 | BOY |
| EOY | 603949 | EOY |
Other Liabilities OtherLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 3655000 | BOY |
| EOY | 5590170 | EOY |
Total Liabilities TotalLiabilities
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4755000 | BOY |
| EOY | 6194119 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Follow SFAS117 | X | FollowSFAS117 |
Unrestricted Net Assets UnrestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 1766000 | BOY |
| EOY | -268519 | EOY |
Temporarily Restricted Net Assets TemporarilyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 4348000 | BOY |
| EOY | 5655676 | EOY |
Permanently Restricted Net Assets PermanentlyRestrictedNetAssets
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 28847000 | BOY |
| EOY | 30557008 | EOY |
Total Net Assets Fund Balances TotalNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 34961000 | BOY |
| EOY | 35944165 | EOY |
Total Liab Net Assets Fund Balances TotalLiabNetAssetsFundBalances
| Field | Value | IRS element (for citing) |
|---|---|---|
| BOY | 39716000 | BOY |
| EOY | 42138284 | EOY |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Method Of Accounting Accrual | X | MethodOfAccountingAccrual |
| Accountant Compile Or Review | 0 | AccountantCompileOrReview |
| FS Audited | 1 | FSAudited |
| Audit Committee | 1 | AuditCommittee |
| Financial Statement Consolidated | X | FinancialStatementConsolidated |
| Federal Grant Audit Required | 0 | FederalGrantAuditRequired |
Schedule A IRS990ScheduleA
| Field | Value | IRS element (for citing) |
|---|---|---|
| Publicly Supported Org170b1 Avi | X | PubliclySupportedOrg170b1Avi |
Gifts Grants Contrib Received170 GiftsGrantsContribReceived170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 757000 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2057000 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 4933000 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1335771 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5438493 | CurrentTaxYear |
| Total | 14521264 | Total |
Total170 Total170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 757000 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 2057000 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 4933000 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1335771 | CurrentTaxYearMinus1Year |
| Current Tax Year | 5438493 | CurrentTaxYear |
| Total | 14521264 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Public Support Total170 | 14521264 | PublicSupportTotal170 |
Gross Investment Income170 GrossInvestmentIncome170
| Field | Value | IRS element (for citing) |
|---|---|---|
| Current Tax Year Minus4 Years | 902000 | CurrentTaxYearMinus4Years |
| Current Tax Year Minus3 Years | 992000 | CurrentTaxYearMinus3Years |
| Current Tax Year Minus2 Years | 1679000 | CurrentTaxYearMinus2Years |
| Current Tax Year Minus1 Year | 1232623 | CurrentTaxYearMinus1Year |
| Current Tax Year | 1389700 | CurrentTaxYear |
| Total | 6195323 | Total |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Support | 20716587 | TotalSupport |
| Public Support Pertcentage170 | 0.70090 | PublicSupportPertcentage170 |
| Public Support Pertcent Prior Year | 0.70120 | PublicSupportPertcentPriorYear |
| Thirty Three Percnt Tests CY170 | X | ThirtyThreePercntTestsCY170 |
Schedule B IRS990ScheduleB
Contributor Info ContributorInfo
| Field | Value | IRS element (for citing) |
|---|---|---|
| Contributor Number | RESTRICTED | ContributorNumber |
Contributor Name Business ContributorNameBusiness
| Field | Value | IRS element (for citing) |
|---|---|---|
| Business Name Line1 | RESTRICTED | BusinessNameLine1 |
Contributor Address US ContributorAddressUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Address Line1 | RESTRICTED | AddressLine1 |
| Address Line2 | RESTRICTED | AddressLine2 |
| City | RESTRICTED | City |
| State | RESTRICTED | State |
| ZIP Code | RESTRICTED | ZIPCode |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Aggregate Contributions | RESTRICTED | AggregateContributions |
Schedule D IRS990ScheduleD
Current Year CurrentYear
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 31212047 | BeginningOfYearBalance |
| Contributions | 350486 | Contributions |
| Investment Earnings Or Losses | 3131856 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | -1084455 | GrantsOrScholarships |
| End Of Year Balance | 33609934 | EndOfYearBalance |
Current Year Minus1 Year CurrentYearMinus1Year
| Field | Value | IRS element (for citing) |
|---|---|---|
| Beginning Of Year Balance | 32502594 | BeginningOfYearBalance |
| Contributions | 225598 | Contributions |
| Investment Earnings Or Losses | -319898 | InvestmentEarningsOrLosses |
| Grants Or Scholarships | 1196247 | GrantsOrScholarships |
| End Of Year Balance | 31212047 | EndOfYearBalance |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Board Designated EOY Balance | 0.05000 | BoardDesignatedEOYBalance |
| Permanent Endowment EOY Balance | 0.95000 | PermanentEndowmentEOYBalance |
| Term Endowment EOY Balance | 0.00000 | TermEndowmentEOYBalance |
| Endowments Held By Unrelated Orgs | 0 | EndowmentsHeldByUnrelatedOrgs |
| Endowments Held By Related Orgs | 0 | EndowmentsHeldByRelatedOrgs |
| Total Of Book Value Land Buildings | 0 | TotalOfBookValueLandBuildings |
Other Securities OtherSecurities (3 entries)
| DescriptionDescription | Book ValueBookValue | Method Of ValuationMethodOfValuation |
|---|---|---|
| endowment funds | 33609934 | F |
| MISSION BENEVOLENT INVESTMENT | 381371 | F |
| CHARITABLE GIFT ANNUITY CASH | 118428 | F |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Book Value Securities | 34109733 | TotalOfBookValueSecurities |
Other Assets OtherAssets (2 entries)
| DescriptionDescription | Book ValueBookValue |
|---|---|
| investment in oakcrest | 2324000 |
| notes, project costs, and other receivables | 3731068 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Book Value Other Assets | 6055068 | TotalBookValueOtherAssets |
Other Liabilities OtherLiabilities (2 entries)
| DescriptionDescription | AmountAmount |
|---|---|
| due to affiliates | $5,471,742 |
| CHaritable Gift Annuity | $118,428 |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Of Amounts | 5590170 | TotalOfAmounts |
Form990 Schedule D Part XIV Form990ScheduleDPartXIV (2 entries)
| IdentifierIdentifier | Return ReferenceReturnReference | ExplanationExplanation |
|---|---|---|
| Part V, Line 4: | Description of Intended Use of Endowment Funds: | Presbyterian Homes Foundation endowment funds will be used as directed by the donor's restrictions. |
| Part X: | Description of Uncertain Tax Positions Under FIN 48: | The Organization follows the accounting standard for contingencies in evaluating uncertain tax positions. The Organization files information returns as a tax-exempt organization. Should that status be challenged in the future, all years since inception could be subject to review by the IRS. The Organization's 2006, 2007, and 2008 tax years are open to examination by the IRS. |
Schedule F IRS990ScheduleF
| Field | Value | IRS element (for citing) |
|---|---|---|
| Grant Records Maintained | 1 | GrantRecordsMaintained |
Accts Actvs Out US Table AcctsActvsOutUSTable
| Field | Value | IRS element (for citing) |
|---|---|---|
| Number Of Offices | 0 | NumberOfOffices |
| Number Of Employees | 0 | NumberOfEmployees |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of Offices | 0 | TotalNumberOfOffices |
| Total Number Of Employees | 0 | TotalNumberOfEmployees |
| Total Amount Spent | 0 | TotalAmountSpent |
Grants To Orgs Outside US GrantsToOrgsOutsideUS
| Field | Value | IRS element (for citing) |
|---|---|---|
| Region | east asia and the pacific | Region |
| Purpose Of Grant | nursing scholarships | PurposeOfGrant |
| Amount Of Cash Grant | 10000 | AmountOfCashGrant |
| Manner Of Cash Disbursement | check | MannerOfCashDisbursement |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Number Of501c3 Orgs | 0 | TotalNumberOf501c3Orgs |
| Total Number Of Other Orgs | 1 | TotalNumberOfOtherOrgs |
Schedule I IRS990ScheduleI
| Field | Value | IRS element (for citing) |
|---|---|---|
| Records Maintained | 1 | RecordsMaintained |
Recipient Table RecipientTable (15 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EIN Of RecipientEINOfRecipient | IRC SectionIRCSection | Amount Of Cash GrantAmountOfCashGrant | Purpose Of GrantPurposeOfGrant |
|---|---|---|---|---|---|---|---|
| Presbyterian homes of arden hills inc | |||||||
| 2845 hamline ave N | roseville | MN | 55113 | 411482075 | 501c3 | 1406400 | further exempt purpose |
| presbyterian homes bloomington care center inc | |||||||
| 2845 hamline ave N | roseville | MN | 55113 | 411862259 | 501c3 | 27174 | further exempt purpose |
| presbyterian homes mill pond care center inc | |||||||
| 2845 hamline ave N | roseville | MN | 55113 | 311581714 | 501c3 | 10481 | further exempt purpose |
| presbyterian homes of north oaks inc | |||||||
| 2845 hamline ave N | roseville | MN | 55113 | 300054296 | 501c3 | 822664 | further exempt purpose |
| presbyterian homes care centers inc | |||||||
| 2845 hamline ave N | roseville | MN | 55113 | 411500288 | 501c3 | 5438 | further exempt purpose |
| croixdale | |||||||
| 2845 hamline ave N | roseville | MN | 55113 | 410843106 | 501c3 | 6785 | further exempt purpose |
| PHSInver Grove Inc | |||||||
| 2845 hamline ave N | roseville | MN | 55113 | 311725017 | 501c3 | 8113 | further exempt purpose |
| phs lake minnetonka llc | |||||||
| 2845 hamline ave N | roseville | MN | 55113 | 272377256 | 501c3 | 25525 | further exempt purpose |
| plymouth senior housing llc | |||||||
| 2845 hamline ave N | roseville | MN | 55113 | 412011416 | 501c3 | 8962 | further exempt purpose |
| avalon square inc | |||||||
| 2845 hamline ave N | roseville | MN | 55113 | 311662044 | 501c3 | 112825 | further exempt purpose |
| kirkland crossings inc | |||||||
| 2845 hamline ave N | roseville | MN | 55113 | 311662039 | 501c3 | 16169 | further exempt purpose |
| grandview christian home | |||||||
| 2845 hamline ave N | roseville | MN | 55113 | 410844893 | 501c3 | 58186 | further exempt purpose |
| presbyterian homes housing & assisted living inc | |||||||
| 2845 hamline ave N | roseville | MN | 55113 | 411463801 | 501c3 | 2100000 | further exempt purpose |
| american association of homes & services for the aging | |||||||
| 2519 CONNECTICUT AVENUE NW | WASHINGTON | DC | 20008 | 136213525 | 501c3 | 25000 | further exempt purpose |
| valley senior services alliance | |||||||
| 2845 hamline ave N | roseville | MN | 55113 | 411915023 | 501c3 | 108143 | further exempt purpose |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Total Nbr Of501 C3 And Govt Grants | 15 | TotalNbrOf501C3AndGovtGrants |
Form990 Schedule I Part IV Form990ScheduleIPartIV
| Field | Value | IRS element (for citing) |
|---|---|---|
| Identifier | Procedure for Monitoring Grants in the U.S.: | Identifier |
| Return Reference | Part I, Line 2: | ReturnReference |
| Explanation | Schedule I, Part I, Line 2: Grants to affiliates are the temporary restricted gifts from the original donors which are to be used as intended by the donor. Fund balances are maintained to show each gifts restrictions. The Foundation provides a list of restrictions to each affiliate at the time of donation and the campus administrator for each affiliate is responsible for ensuring that the funds are used in accordance with the Foundation's/Donor's direction. Some of the grants listed are endowment distributions, which are approved by the board of directors. | Explanation |
Schedule J IRS990ScheduleJ
| Field | Value | IRS element (for citing) |
|---|---|---|
| Severance Payment | 1 | SeverancePayment |
| Supplemental Nonqual Retire Plan | 0 | SupplementalNonqualRetirePlan |
| Equity Based Comp Arrangement | 0 | EquityBasedCompArrangement |
| Comp Based On Revenue Of Filing Org | 0 | CompBasedOnRevenueOfFilingOrg |
| Comp Based On Revenue Related Orgs | 0 | CompBasedOnRevenueRelatedOrgs |
| Comp Based Net Earnings Filing Org | 0 | CompBasedNetEarningsFilingOrg |
| Comp Based Net Earnings Relate Orgs | 0 | CompBasedNetEarningsRelateOrgs |
| Any Non Fixed Payments | 0 | AnyNonFixedPayments |
| Initial Contract Exception | 0 | InitialContractException |
Form990 Schedule J Part II Form990ScheduleJPartII (7 entries)
| Base Compensation Filing OrgBaseCompensationFilingOrg | Comp Based On Related OrgsCompBasedOnRelatedOrgs | Bonus Filing OrgBonusFilingOrg | Bonus Related OrgsBonusRelatedOrgs | Other Compensation Filing OrgOtherCompensationFilingOrg | Other Compensation Related OrgsOtherCompensationRelatedOrgs | Deferred Comp Filing OrgDeferredCompFilingOrg | Deferred Comp Related OrgsDeferredCompRelatedOrgs | Nontaxable Benefits Filing OrgNontaxableBenefitsFilingOrg | Nontaxable Benefits Related OrgsNontaxableBenefitsRelatedOrgs | Total Compensation Filing OrgTotalCompensationFilingOrg | Total Compensation Related OrgsTotalCompensationRelatedOrgs | Comp Report Prior990 Filing OrgCompReportPrior990FilingOrg | Comp Report Prior990 Related OrgsCompReportPrior990RelatedOrgs |
|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
| dan lindh | |||||||||||||
| 0 | 506343 | 0 | 0 | 0 | 0 | 0 | 14505 | 0 | 6518 | 0 | 527366 | 0 | 0 |
| mark meyer | |||||||||||||
| 0 | 275033 | 0 | 0 | 0 | 0 | 0 | 7755 | 0 | 6689 | 0 | 289477 | 0 | 0 |
| Janna Severance | |||||||||||||
| 0 | 221370 | 0 | 0 | 0 | 0 | 0 | 8440 | 0 | 4238 | 0 | 234048 | 0 | 0 |
| Cathy Bergland | |||||||||||||
| 0 | 242039 | 0 | 0 | 0 | 0 | 0 | 5505 | 0 | 4184 | 0 | 251728 | 0 | 0 |
| Sharon Klefsaas | |||||||||||||
| 0 | 181459 | 0 | 0 | 0 | 0 | 0 | 5955 | 0 | 4241 | 0 | 191655 | 0 | 0 |
| karen mckenna | |||||||||||||
| 0 | 204429 | 0 | 0 | 0 | 0 | 0 | 6000 | 0 | 311 | 0 | 210740 | 0 | 0 |
| PHil Hanson | |||||||||||||
| 0 | 158524 | 0 | 0 | 0 | 0 | 0 | 9000 | 0 | 5870 | 0 | 173394 | 0 | 0 |
Form990 Schedule J Part III Form990ScheduleJPartIII (2 entries)
| Return ReferenceReturnReference | ExplanationExplanation | IdentifierIdentifier |
|---|---|---|
| Part I, Line 4a: | Phil Hanson - $3,899 Grossed up wages to cover benefits. | |
| Part III | PART I, LINE 3: THE COMPENSATION IS DETERMINED BY THE RELATED ORGANIZATION AND THE ORGANIZATION USES a) COMMISSION COMMITTEE b) INDEPENDENT COMPENSATION CONSULTANTS C)COMPENSATION SURVEY OR STUDY AND D)APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE TO DETERMINE COMPENSATION. | Supplemental Information |
Schedule O IRS990ScheduleO
General Explanation GeneralExplanation (6 entries)
| IdentifierIdentifier | ExplanationExplanation | Return ReferenceReturnReference |
|---|---|---|
| Form 990, Part VI, Section A, line 6 | The sole member of Presbyterian Homes Foundation is Presbyterian Homes and Services. | |
| Form 990, Part VI, Section A, line 7a | The members of the organization elect the members of the governing body, but not if the persons on the governing body are the organization's only members or their delegates. | |
| Form 990, Part VI, Section B, line 11 | The organization's Form 990 is provided to voting members of the governing body prior to filing with the IRS. Officers and management of the organization have been involved in the preparation of the Form 990 and have reviewed it throughout the process. | |
| Form 990, Part VI, Section B, line 12c | The organization obtains annually written disclosures from governing body members, officers, and key employees. Management and officers review these disclosures and evaluate whether the interest could result in a conflict and then take the necessary steps to remediate any such conflict. | |
| Form 990, Part VI, Section C, line 19 | THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. | |
| FORM 990, PART VII, SECTION A | OFFICERS & KEY EMPLOYEES SHARE THEIR HOURS BETWEEN THE FILING ORGANIZATION AND ITS RELATED ORGANIZATIONS. | SHARING OF HOURS |
Schedule R IRS990ScheduleR
Form990 Schedule R Part II Form990ScheduleRPartII (41 entries)
| Address Line1AddressUS/AddressLine1 | CityAddressUS/City | StateAddressUS/State | ZIP CodeAddressUS/ZIPCode | EINEIN | Primary ActivitiesPrimaryActivities | Legal Domicile StateLegalDomicileState | Exempt Code SectionExemptCodeSection | Public Charity StatusPublicCharityStatus | Direct Controlling Entity NADirectControllingEntityNA |
|---|---|---|---|---|---|---|---|---|---|
| presbyterian homes of arden hills | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 411482075 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| castle ridge care center | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 510171801 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| presbyterian homes of andover | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 411891862 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| PHSBeacon Hill inc | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 300093682 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| Presbyterian homes of bloomington care center inc | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 411862259 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| PHS eaglecrest | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 311604817 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| Gideon Pond housing corp | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 411428336 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| GIDEON POND WEST INC | |||||||||
| 2845 hamline avenue north | Roseville | MN | 55113 | 411671887 | Care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| PHSHAMLINE INC | |||||||||
| 2845 hamline avenue north | Roseville | MN | 55113 | 300225325 | CAre of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| phsinver grove inc | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 311725017 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| presbyterian homes mill pond apartments inc | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 311581710 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| presbyterian homes mill pond care center inc | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 311581714 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| phsmonticello inc | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 411819439 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| presbyterian homes of north oaks inc | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 300054296 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| phsoakdale inc | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 411832098 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| phsshoreview inc | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 311631264 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| phmwashington glen inc | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 300060683 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| phswoodbury | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 311630828 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| center park senior apartments inc | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 411685829 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| maranatha conservative baptist home | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 410855713 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| presbyterian homes management and services | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 411499595 | care of the elderly | MN | 501(c)(3) | Line 11b, II | N/A |
| phs cottage grove inc | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 300227875 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| presbyterian homes housing and assisted living inc | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 411463801 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| presbyterian homes and services | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 410758756 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| broadmoor apartments inc | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 201112603 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| presbyterian homes of bloominton inc | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 411871732 | care of the elderly | ME | 501(c)(3) | Line 9 | N/A |
| presbyterian homes care centers inc | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 411500288 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| avalon square inc | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 311662044 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| kirkland crossings inc | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 311662039 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| presbyterian homes of wisconsin inc | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 396054152 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| grandview christian home | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 410844893 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| grandview christian ministries | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 411526031 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| grandview west inc | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 311608246 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| mill ridge commons | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 363545892 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| croixdale | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 410843106 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| noahs ark affordable housing inc | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 411777250 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| phschanhassen inc | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 311725630 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| valley senior service alliance | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 411915023 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| williamsburg retirement community | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 753033211 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| presbyterian homes hospice inc | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 260766609 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| wayzata bay senior housing inc | |||||||||
| 2845 hamline avenue north | roseville | MN | 55113 | 260615372 | care of the elderly | MN | 501(c)(3) | Line 9 | N/A |
| Field | Value | IRS element (for citing) |
|---|---|---|
| Receipt Of Int Ann Rents Royalties | 0 | ReceiptOfIntAnnRentsRoyalties |
| Gift Grant Or Cap Contr To Other Org | 1 | GiftGrantOrCapContrToOtherOrg |
| Gift Grant Or Cap Contr Fr Other Org | 0 | GiftGrantOrCapContrFrOtherOrg |
| Loans Or Guarantees To Other Org | 0 | LoansOrGuaranteesToOtherOrg |
| Loans Or Guarantees From Other Org | 0 | LoansOrGuaranteesFromOtherOrg |
| Sale Of Assets To Other Org | 0 | SaleOfAssetsToOtherOrg |
| Purchase Of Assets From Other Org | 0 | PurchaseOfAssetsFromOtherOrg |
| Exchange Of Assets | 0 | ExchangeOfAssets |
| Rental Of Facilities To Other Orgs | 0 | RentalOfFacilitiesToOtherOrgs |
| Rental Of Facilities Fr Other Orgs | 0 | RentalOfFacilitiesFrOtherOrgs |
| Perform Of Services For Other Orgs | 0 | PerformOfServicesForOtherOrgs |
| Perform Of Services By Other Orgs | 0 | PerformOfServicesByOtherOrgs |
| Sharing Of Facilities | 0 | SharingOfFacilities |
| Sharing Of Paid Employees | 1 | SharingOfPaidEmployees |
| Reimbursement Paid To Other Org | 0 | ReimbursementPaidToOtherOrg |
| Reimbursement Paid By Other Org | 0 | ReimbursementPaidByOtherOrg |
| Other Transfer To Other Org | 0 | OtherTransferToOtherOrg |
| Other Transfer From Other Org | 0 | OtherTransferFromOtherOrg |
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