Park Ridge Housing is located in Northfield, MN. The organization was established in 1962. According to its NTEE Classification (Z99) the organization is classified as: Unknown, under the broad grouping of Unknown and related organizations. This organization is an independent organization and not affiliated with a larger national or regional group of organizations. Park Ridge Housing 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 12/2021, Park Ridge Housing generated $153.3k in total revenue. This represents relatively stable growth, over the past 7 years the organization has increased revenue by an average of 3.5% each year. All expenses for the organization totaled $183.9k during the year ending 12/2021. While expenses have increased by 1.4% per year over the past 7 years. They've been increasing with an increasing level of total revenue. You can explore the organizations financials more deeply in the financial statements section below.
Form
990
Mission & Program ActivityExcerpts From the 990 Filing
TAX YEAR
2021
Describe the Organization's Mission:
Part 3 - Line 1
PROVIDE ELDERLY & DISABLED PERSONS WITH HOUSING FACILITIES AND SERVICES
Describe the Organization's Program Activity:
Part 3 - Line 4a
TO PROVIDE AFFORDABLE HOUSING FACILITIES FOR THE ELDERLY AND DISABLED PERSONS IN THE NORTHFIELD COMMUNITY AND SURROUNDING AREA. THE COMPLEX HAS 21 UNITS.
Name (title) | Role | Hours | Compensation |
---|---|---|---|
Ramona Pumper Secretary/treasurer | OfficerTrustee | 0.5 | $0 |
Rick Benesh Vice Chair | OfficerTrustee | 0.5 | $0 |
Gary Miessler Chair | OfficerTrustee | 0.5 | $0 |
Mark Anderson CEO - Mn Odd Fellows | Officer | 1 | $0 |
Jay Pizinger CFO - Mn Odd Fellows | Officer | 1 | $0 |
Judith A Fritz Director | Trustee | 0.5 | $0 |
Statement of Revenue | |
---|---|
Federated campaigns | $0 |
Membership dues | $0 |
Fundraising events | $0 |
Related organizations | $0 |
Government grants | $0 |
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 | $0 |
Total Program Service Revenue | $146,002 |
Investment income | $75 |
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 | $0 |
Miscellaneous Revenue | $0 |
Total Revenue | $153,309 |
Statement of Expenses | |
---|---|
Grants and other assistance to domestic organizations and domestic governments. | $0 |
Grants and other assistance to domestic individuals. | $0 |
Grants and other assistance to Foreign Orgs/Individuals | $0 |
Benefits paid to or for members | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation of current officers, directors, key employees. | $0 |
Compensation to disqualified persons | $0 |
Other salaries and wages | $31,106 |
Pension plan accruals and contributions | $0 |
Other employee benefits | $0 |
Payroll taxes | $0 |
Fees for services: Management | $16,056 |
Fees for services: Legal | $0 |
Fees for services: Accounting | $9,363 |
Fees for services: Lobbying | $0 |
Fees for services: Fundraising | $0 |
Fees for services: Investment Management | $0 |
Fees for services: Other | $0 |
Advertising and promotion | $0 |
Office expenses | $355 |
Information technology | $0 |
Royalties | $0 |
Occupancy | $26,634 |
Travel | $0 |
Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
Conferences, conventions, and meetings | $0 |
Interest | $0 |
Payments to affiliates | $0 |
Depreciation, depletion, and amortization | $59,019 |
Insurance | $5,463 |
All other expenses | $0 |
Total functional expenses | $183,924 |
Balance Sheet | |
---|---|
Cash—non-interest-bearing | $6,059 |
Savings and temporary cash investments | $0 |
Pledges and grants receivable | $0 |
Accounts receivable, net | $6,000 |
Loans from Officers, Directors, or Controlling Persons | $0 |
Loans from Disqualified Persons | $0 |
Notes and loans receivable | $0 |
Inventories for sale or use | $0 |
Prepaid expenses and deferred charges | $0 |
Net Land, buildings, and equipment | $734,717 |
Investments—publicly traded securities | $0 |
Investments—other securities | $0 |
Investments—program-related | $0 |
Intangible assets | $0 |
Other assets | $79,482 |
Total assets | $826,258 |
Accounts payable and accrued expenses | $0 |
Grants payable | $0 |
Deferred revenue | $2,574 |
Tax-exempt bond liabilities | $0 |
Escrow or custodial account liability | $0 |
Loans and other payables to any current Officer, Director, or Controlling Person | $0 |
Secured mortgages and notes payable | $0 |
Unsecured mortgages and notes payable | $0 |
Other liabilities | $28,995 |
Total liabilities | $31,569 |
Net assets without donor restrictions | $794,689 |
Net assets with donor restrictions | $0 |
Capital stock or trust principal, or current funds | $0 |
Paid-in or capital surplus, or land, building, or equipment fund | $0 |
Retained earnings, endowment, accumulated income, or other funds | $0 |
Total liabilities and net assets/fund balances | $826,258 |
Organization Name | Assets | Revenue |
---|---|---|
Augustana Care Edina, MN | $116,750,556 | $60,968,298 |
Iowa Donor Network North Liberty, IA | $39,614,924 | $35,703,085 |
Wellpoint Care Network Inc Milwaukee, WI | $8,696,347 | $28,630,570 |
Woodward Youth Corporation Woodward, IA | $6,374,013 | $25,268,723 |
Child Care Choices Inc Waite Park, MN | $3,894,332 | $22,493,695 |
Nexus-Woodbourne Family Healing Plymouth, MN | $7,774,084 | $15,090,420 |
Fem Electric Association Inc Ipswich, SD | $42,436,941 | $15,874,732 |
Benedictine Living Communities - Bismarck Inc Minneapolis, MN | $16,928,888 | $16,060,276 |
Simpson Housing Services Inc Minneapolis, MN | $10,361,616 | $11,738,483 |
Art Of Living Foundation Fairfield, IA | $25,087,396 | $11,765,416 |
Land O L Foundation St Paul, MN | $1,405,792 | $8,007,013 |
Bridging Incorporated Bloomington, MN | $8,455,401 | $8,965,404 |