nonprofit logo

Park Terrace Assisted Living Inc

Learn about this cause: Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 204063752 ✦ Edina, MN ✦ Designated as a 501(c)(3)

Overview

What is Park Terrace Assisted Living Inc?

Park Terrace Assisted Living Inc, located in Edina, Minnesota, is a nonprofit organization dedicated to serving the elderly. Established with the intention of operating an assisted living and memory care facility in Buffalo, MN, the organization currently has 46 units. Their primary mission is to provide holistic care, encompassing healthcare, housing, and community services, with a focus on fostering a fulfilling life for older adults, reflecting the spirit of Christ's love. As of the provided information, Park Terrace Assisted Living Inc employs 79 individuals, demonstrating their commitment to serving the needs of the elderly community.


Official website here: www.cassialife.org

Is Park Terrace Assisted Living Inc legitimate?

Park Terrace Assisted Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Park Terrace Assisted Living Inc submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,368,555

For more financial information, click here


Official website here: www.cassialife.org

What is the mission statement of Park Terrace Assisted Living Inc?

Park Terrace Assisted Living Inc's mission is centered around fostering a rich and fulfilling life for older adults, aligning with the spirit of love taught by Christ. The organization's primary objective is to provide comprehensive healthcare, housing, and community services, ensuring the well-being of elderly individuals. By embracing this mission, Park Terrace Assisted Living Inc strives to enhance the quality of life for its residents, promoting an environment that values their dignity and respects their individual needs.


Official website here: www.cassialife.org

Who is the CEO of Park Terrace Assisted Living Inc?

Robert Dahl is the President/Ceo of Park Terrace Assisted Living Inc. The CEO's salary of Park Terrace Assisted Living Inc is $0 and their total compensation is $689,884.


Official website here: www.cassialife.org

What is the revenue of Park Terrace Assisted Living Inc?

Park Terrace Assisted Living Inc's revenue in 2022 was $3,035,737.


Official website here: www.cassialife.org

Who are the executives of Park Terrace Assisted Living Inc and what are their salaries?

The average compensation at Park Terrace Assisted Living Inc during 2022 was $17,323. There are 79 employees and 15 volunteers at Park Terrace Assisted Living Inc.

Here are 11 key members and their salaries (Park Terrace Assisted Living Inc's CEO's salary is $0 and their total compensation is $689,884):

    Robert Dahl (President/Ceo)
  • Compensation: $0
  • Related: $602,456
  • Other: $87,428

    • Kathy Youngquist (Chief Financial Officer)
  • Compensation: $0
  • Related: $462,088
  • Other: $70,621

    • Kathy Kopp (Chief Strategic Officer)
  • Compensation: $0
  • Related: $320,482
  • Other: $76,596

    • Matthew Kern (Chief Operating Officer)
  • Compensation: $0
  • Related: $317,298
  • Other: $72,793

    • Sharon Wilson (Chief Clinical And Compliance Officer)
  • Compensation: $0
  • Related: $245,326
  • Other: $42,846

    • Angela Brown (Chief Human Resource Officer)
  • Compensation: $0
  • Related: $234,321
  • Other: $44,974

    • Stann Leff (Chairperson And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Patrick Nuss (Vice Chairperson And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Paul Anderson (Secretary/Treasurer And Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Nikki Weber Daniels (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Doctor Guy Tangedahl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.cassialife.org

    Where can I find the form 990 for Park Terrace Assisted Living Inc?

    The Park Terrace Assisted Living Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.cassialife.org

    Learn more at the official website: www.cassialife.org

    Mission Statement of Park Terrace Assisted Living Inc

    Park Terrace Assisted Living Inc, a nonprofit organization, is dedicated to providing a fulfilling life for older adults. In line with this mission, the organization strives to offer healthcare, housing, and community services with the spirit of Christ's love. Their ultimate goal is to enhance the quality of life for elderly individuals, providing them with the care and support they need to live comfortably and with dignity.

    Impact

    This information is meant to be a general summary of Park Terrace Assisted Living Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Park Terrace Assisted Living Inc's impact is felt through its provision of essential health care, housing, and community services for the elderly. By operating an assisted living and memory care facility in Buffalo, MN with 46 units, Park Terrace enables older adults to live with dignity and support. Their mission to foster fullness of life for older adults in the spirit of Christ's love resonates through their services, making a tangible difference in the lives of those they care for in Edina, MN.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

    This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $46,417
  • Program Service Revenue: $2,844,015
  • Gross Receipts: $3,429,826

    • Assets and Liabilities:
  • Total Assets: $5,602,917
  • Total Liabilities: $3,811,721
  • Net Assets: $1,791,196
  • Programs

    Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

    ASSISTED LIVING AND MEMORY CARE

    Revenue

    $2,810,511

    RENTAL INCOME

    Revenue

    $33,504

    Organization Details

    Founding Year

    2005

    Principal Officer

    Robert Dahl

    Main Address

    7171 OHMS LANE, EDINA, MN, 55439

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Park Terrace Assisted Living Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.