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Phs Founders Ridge Inc

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

EIN: 208335025 ✦ Roseville, MN ✦ Designated as a 501(c)(3)

Overview

What is Phs Founders Ridge Inc?

Phs Founders Ridge Inc is a nonprofit organization situated in Bloomington, Minnesota. The establishment houses a variety of living options, including 127 independent apartments, 40 independent brownstone apartments, 33 assisted living apartments, and 19 memory care assisted living units. The mission of this organization is deeply rooted in its dedication to honoring God by enriching the lives and touching the hearts of older adults. This commitment extends beyond providing shelter, as the organization seeks to enhance the overall well-being of its residents.


Official website here: www.preshomes.org

Is Phs Founders Ridge Inc legitimate?

Phs Founders Ridge Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phs Founders Ridge 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: $2,837,348

For more financial information, click here


Official website here: www.preshomes.org

What is the mission statement of Phs Founders Ridge Inc?

Phs Founders Ridge Inc's mission is centered around honoring God. The organization strives to enrich the lives and touch the hearts of older adults, demonstrating a deep commitment to this demographic. By fulfilling this mission, the organization seeks to make a significant impact in the lives of these individuals. The specific activities and methods through which this mission is carried out are not provided in the information.


Official website here: www.preshomes.org

Who is the CEO of Phs Founders Ridge Inc?

Mark Meyer is the Board Chair/Ceo of Phs Founders Ridge Inc. The CEO's salary of Phs Founders Ridge Inc is $0 and their total compensation is $943,678.


Official website here: www.preshomes.org

What is the revenue of Phs Founders Ridge Inc?

Phs Founders Ridge Inc's revenue in 2022 was $9,717,356.


Official website here: www.preshomes.org

Who are the executives of Phs Founders Ridge Inc and what are their salaries?

Here are 5 key members and their salaries (Phs Founders Ridge Inc's CEO's salary is $0 and their total compensation is $943,678):

    Dan Lindh (Board Chair/Ceo) [Trustee/Director]
  • Compensation: $0
  • Related: $919,741
  • Other: $23,937

    • Mark Meyer (Sec/Treas/Cfo) [Trustee/Director]
  • Compensation: $0
  • Related: $445,702
  • Other: $27,414

    • Jonathan Fletcher (Vp Development)
  • Compensation: $0
  • Related: $347,973
  • Other: $20,328

    • Duane Larson (Svp Operations) [Trustee/Director]
  • Compensation: $0
  • Related: $323,989
  • Other: $27,414

    • Teresa Larson (Svp Human Resouces)
  • Compensation: $0
  • Related: $323,848
  • Other: $19,541


  • Official website here: www.preshomes.org

    Where can I find the form 990 for Phs Founders Ridge Inc?

    The Phs Founders Ridge Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.preshomes.org

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

    Mission Statement of Phs Founders Ridge Inc

    Phs Founders Ridge Inc, a reputable organization, is committed to honoring God by enhancing the lives and connecting with the hearts of older adults. The mission of this nonprofit is deeply rooted in enriching the well-being and emotional experiences of its senior population. By focusing on this mission, Phs Founders Ridge Inc aims to make a significant impact in the lives of those in its care. The organization provides a variety of living options, including independent apartments, brownstone apartments, assisted living apartments, and specialized memory care apartments. These diverse living arrangements cater to the unique needs of older adults, allowing them to live comfortably and with the support they require. By honoring God and enriching the lives of older adults, Phs Founders Ridge Inc strives to touch their hearts and create a nurturing environment for its senior population.

    Impact

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




    Thursday, August 15, 2024

    Phs Founders Ridge Inc provides a supportive and enriching environment for older adults in Bloomington, Minnesota. Their campus offers a range of housing options, including independent apartments, brownstone apartments, assisted living apartments, and memory care facilities. By honoring their mission to enrich the lives and touch the hearts of older adults, Phs Founders Ridge Inc positively impacts the well-being and quality of life of individuals in their care.





    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: $1,158
  • Program Service Revenue: $9,393,299
  • Gross Receipts: $9,717,909

    • Assets and Liabilities:
  • Total Assets: $48,968,493
  • Total Liabilities: $49,327,057
  • Net Assets: -$358,564
  • Programs

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

    RESIDENT SERVICES

    Revenue

    $9,393,299

    Organization Details

    Founding Year

    2007

    Principal Officer

    Mark Meyer

    Main Address

    2845 N HAMLINE AVE, ROSEVILLE, MN, 55113

    NTEE Category

    Code: L22 - Housing

    If you are a representative of Phs Founders Ridge 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.