Phs Apple Valley Senior Housing Inc

Organization Overview

Phs Apple Valley Senior Housing Inc is located in Roseville, MN. The organization was established in 2016. 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 Apple Valley 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 09/2023, Phs Apple Valley Senior Housing Inc generated $12.7m in total revenue. This organization has experienced exceptional growth, as over the past 8 years, it has increased revenue by an average of 49.8% each year . All expenses for the organization totaled $11.1m during the year ending 09/2023. You can explore the organizations financials more deeply in the financial statements section below.

Mission & Program ActivityExcerpts From the 990 Filing

TAX YEAR

2023

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

THE ORGANIZATION OPERATES A 115 INDEPENDENT LIVING APARTMENTS, 58 ASSISTED LIVING AND 20 ASSISTED MEMORY CARE APARTMENTS LOCATED IN APPLE VALLEY, MINNESOTA.DURING THE YEAR THE ORGANIZATION STARTED CONSTRUCTION ON AN ADDITIONAL 60 INDEPENDENT LIVING UNITS THAT ARE SET TO OPEN FALL OF 2023.


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Board, Officers & Key Employees

Name (title)Compensation
Dan Lindh
Board Chair/ceo
$0
Mark Meyer
Sec/treas/cfo
$0
Jonathan Fletcher
VP Development
$0
Duane Larson
Brd Vice Chair
$0
Mark Pederson
Brd Vice Chair
$0
Teresa Larson
SVP Employee Experience
$0

Outside Vendors & Contractors

Vendor Name (Service)Compensation
Phs Management Llc
Management Services
$440,370
Pope Design Group
Architect
$421,856
View All Vendors

Financial Statements

Statement of Revenue
Federated campaigns$0
Membership dues$0
Fundraising events$0
Related organizations$70,632
Government grants $4,300
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$74,932
Total Program Service Revenue$12,219,080
Investment income $121,765
Tax Exempt Bond Proceeds $0
Royalties $0
Net Rental Income $54,762
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 $29
Miscellaneous Revenue$0
Total Revenue $12,650,475

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