Shepherds Path Senior Housing Inc

Organization Overview

Shepherds Path Senior Housing Inc is located in Roseville, MN. The organization was established in 2005. According to its NTEE Classification (L22) the organization is classified as: Senior Citizens Housing & Retirement Communities, under the broad grouping of Housing & Shelter and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Shepherds Path Senior Housing Inc is a 501(c)(3) and as such, is described as a "Charitable or Religous organization or a private foundation" by the IRS.

For the year ending 09/2021, Shepherds Path Senior Housing Inc generated $9.1m in total revenue. This represents a relatively dramatic decline in revenue. Over the past 6 years, the organization has seen revenues fall by an average of (3.6%) each year. All expenses for the organization totaled $8.2m during the year ending 09/2021. As we would expect to see with falling revenues, expenses have declined by (0.2%) per year over the past 6 years. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2021

Describe the Organization's Mission:

Part 3 - Line 1

THE MISSION OF THE ORGANIZATION IS TO HONOR GOD BY ENRICHING THE LIVES AND TOUCHING THE HEARTS OF OLDER ADULTS.

Describe the Organization's Program Activity:

Part 3 - Line 4a

SHEPHERD'S PATH SENIOR HOUSING INC. IS LOCATED IN PRIOR LAKE, MINNESOTA. THE CAMPUS CONSISTS OF 79 UNITS OF ASSISTED LIVING, 18 MEMORY CARE SPECIFIC ASSISTED LIVING UNITS AND 79 INDEPENDENT SENIOR APARTMENTS.


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Outside Vendors & Contractors

Vendor Name (Service)Compensation
Phs Management Llc
Management Fee
$408,577
Tim Doran House Cleaning
Housekeeping
$109,265
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$62,978
Government grants $755,712
All other contributions, gifts, grants, and similar amounts not included above$0
Noncash contributions included in lines 1a–1f $0
Total Revenue from Contributions, Gifts, Grants & Similar$818,690
Total Program Service Revenue$7,965,368
Investment income $1,279
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $0
Net Gain/Loss on Asset Sales $0
Net Income from Fundraising Events $0
Net Income from Gaming Activities $0
Net Income from Sales of Inventory -$11,291
Miscellaneous Revenue$0
Total Revenue $9,110,866

Grants Recieved

Over the last fiscal year, we have identified 1 grants that Shepherds Path Senior Housing Inc has recieved totaling $62,978.

Awarding OrganizationAmount
Presbyterian Homes Foundation

Roseville, MN

PURPOSE: FURTHER EXEMPT PURPOSE

$62,978
View Grant Recipient Profile

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