Phs Westhealth Inc
- Assets
- $17.3m
- Revenue
- $10.5m
- Investments
- $1.3m
- Employees
- 0
- Location
- Roseville, MN
- Founding
- 05/2002
- Data as of
- 09/2021
- EIN
- 41-2017315
Organization Overview
Phs Westhealth Inc is located in Roseville, MN. The organization was established in 2002. 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. Phs Westhealth 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, Phs Westhealth Inc generated $10.5m in total revenue. This represents relatively stable growth, over the past 6 years the organization has increased revenue by an average of 0.9% each year. All expenses for the organization totaled $10.9m during the year ending 09/2021. While expenses have increased by 1.2% per year over the past 6 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
TO HONOR GOD BY ENRICHING THE LOVES AND TOUCHING THE HEARTS OF OLDER ADULTS.
Describe the Organization's Program Activity:
Part 3 - Line 4a
THE ORGANIZATION OPERATES A 50 BED TRANSITIONAL CARE SKILLED NURSING FACILITY IN PLYMOUTH, MINNESOTA.
Get More from Intellispect for FreeCreate a free account to get more data, nonprofit salaries, advanced search and more.
Board, Officers & Key Employees
| Name (title) | Role | Hours | Compensation |
|---|---|---|---|
Sharon Kern Clinical Admin | 40 | $102,610 | |
Mark Meyer Sec/treas/cfo | OfficerTrustee | 1 | $0 |
Dan Lindh Board Chair/ceo | OfficerTrustee | 1 | $0 |
Duane Larson Board Member | Trustee | 1 | $0 |
Emily Downing Board Member | Trustee | 1 | $0 |
Jonathan Fletcher VP Development | 1 | $0 |
Outside Vendors & Contractors
| Vendor Name (Service) | Service Year | Compensation |
|---|---|---|
Health Care Services Group Housekeeping Service | 9/29/21 | $165,891 |
Phs Management Llc Management Fee | 9/29/21 | $300,164 |
Hsre - Wh Mob Llc Property Maint | 9/29/21 | $132,543 |
Financial Statements
| Statement of Revenue | |
|---|---|
| Federated campaigns | $0 |
| Membership dues | $0 |
| Fundraising events | $0 |
| Related organizations | $175,000 |
| Government grants | $139,671 |
| 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 | $314,671 |
| Total Program Service Revenue | $9,892,126 |
| Investment income | $41,570 |
| 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 | $10,487,925 |
| Statement of Expenses | |
|---|---|
| Grants and other assistance to domestic organizations and domestic governments. | $0 |
| Grants and other assistance to domestic individuals. | $8,448 |
| 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 | $5,485,794 |
| Pension plan accruals and contributions | $104,943 |
| Other employee benefits | $549,334 |
| Payroll taxes | $404,511 |
| Fees for services: Management | $300,164 |
| Fees for services: Legal | $0 |
| Fees for services: Accounting | $8,070 |
| Fees for services: Lobbying | $0 |
| Fees for services: Fundraising | $0 |
| Fees for services: Investment Management | $0 |
| Fees for services: Other | $738,009 |
| Advertising and promotion | $6,107 |
| Office expenses | $74,841 |
| Information technology | $142,888 |
| Royalties | $0 |
| Occupancy | $234,300 |
| Travel | $5,376 |
| Payments of travel or entertainment expenses for any federal, state, or local public officials | $0 |
| Conferences, conventions, and meetings | $0 |
| Interest | $518,961 |
| Payments to affiliates | $0 |
| Depreciation, depletion, and amortization | $679,641 |
| Insurance | $53,178 |
| All other expenses | $0 |
| Total functional expenses | $10,904,152 |
| Balance Sheet | |
|---|---|
| Cash—non-interest-bearing | $0 |
| Savings and temporary cash investments | $4,054,675 |
| Pledges and grants receivable | $0 |
| Accounts receivable, net | $1,095,940 |
| 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 | $9,419 |
| Net Land, buildings, and equipment | $10,664,017 |
| Investments—publicly traded securities | $0 |
| Investments—other securities | $1,292,023 |
| Investments—program-related | $0 |
| Intangible assets | $228,321 |
| Other assets | $0 |
| Total assets | $17,344,395 |
| Accounts payable and accrued expenses | $956,744 |
| Grants payable | $0 |
| Deferred revenue | $0 |
| Tax-exempt bond liabilities | $11,951,007 |
| 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 | $708,718 |
| Total liabilities | $13,616,469 |
| Net assets without donor restrictions | $3,727,926 |
| 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 | $17,344,395 |
Grants Recieved
Over the last fiscal year, we have identified 1 grants that Phs Westhealth Inc has recieved totaling $175,000.
| Awarding Organization | Amount |
|---|---|
Presbyterian Homes Housing And Assisted Living Inc Roseville, MN PURPOSE: TO SUPPORT GENERAL OPERATIONS | $175,000 |
Peer Organizations
| Organization Name | Assets | Revenue |
|---|---|---|
Tarrant County Senior Living Center Inc West Des Moines, IA | $161,252,746 | $23,022,366 |
Barton Creek Senior Living Center Inc West Des Moines, IA | $120,925,043 | $23,689,068 |
Presbyterian Homes And Services Roseville, MN | $66,716,638 | $30,662,544 |
Good Shepherd Lutheran Home Of Sauk Rapids Minnesota Sauk Rapids, MN | $33,093,333 | $25,176,810 |
4000 Valley Square Inc Dba Woodside Vill Wheatland Terr Grand Forks, ND | $30,848,608 | $21,519,698 |
Augustana Health Care Center Of Apple Valley Edina, MN | $23,811,041 | $22,017,190 |
Minnesota Odd Fellows Home Inc Northfield, MN | $22,867,310 | $19,456,798 |
Oakwood Village Prairie Ridge Homes Inc Madison, WI | $61,014,266 | $15,535,778 |
Volunteers Of America Inc Eden Prairie, MN | $8,598,450 | $19,135,120 |
Friends Of Faith Retirement Homes Inc Waterloo, IA | $88,184,689 | $24,765,907 |
Bethany On 42nd Fargo, ND | $42,982,371 | $19,570,716 |
Phs Cottage Grove Inc Roseville, MN | $59,058,430 | $15,462,606 |