Evans Park Inc

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

EIN: 411542976 ✦ Elk river, MN ✦ Designated as a 501(c)(3)

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Overview

What is Evans Park Inc?

Evans Park Inc, a nonprofit organization based in Elk River, Minnesota, is dedicated to providing housing and essential services for the elderly and handicapped community. Their mission encompasses the operation of a 36-unit apartment complex, a 90-unit assisted living facility in Elk River, a 63-unit assisted living in Albertville, and a 142-unit building in Otsego. These facilities are meticulously designed to cater to the unique physical, social, and psychological needs of the residents, promoting their overall health, security, and happiness.


Official website here: www.guardianangelsmn.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 81% (Three-Star out of Four Star rating)

Evans Park Inc has achieved an overall score of 81%, reflecting its strong performance in accountability and finance. This score indicates that the organization operates with a degree of transparency and efficiency, as evidenced by its perfect scores in areas such as having a majority of independent board members and maintaining a conflict of interest policy. The financial oversight practices, including an audit and oversight committee, further bolster its credibility.

Despite these strengths, the organization faces a significant limitation regarding its liabilities to assets ratio, which is over 100%. This high ratio suggests potential financial vulnerability, as the organization may have more liabilities than assets, potentially impacting its long-term sustainability. Nonetheless, the high program expense ratio indicates a strong commitment to its mission and effective resource allocation.

Overall, while Evans Park Inc demonstrates a solid commitment to accountability and has robust governance structures in place, stakeholders should be aware of its financial liabilities, which could pose challenges moving forward.


This AI summary has been generated from information found on Charity Navigator.

Is Evans Park Inc legitimate?

Evans Park Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Evans Park 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,114,910

For more financial information, click here


Official website here: www.guardianangelsmn.org

What is the mission statement of Evans Park Inc?

Evans Park Inc is dedicated to providing housing and essential services for elderly and disabled individuals. Through the management of a 36-unit apartment complex, a 90-unit assisted living facility, a 63-unit assisted living center, and a 142-unit building, the organization ensures that these residents' physical, social, and psychological needs are met. By offering specialized accommodations, Evans Park Inc contributes to the overall health, security, and happiness of its residents.


Official website here: www.guardianangelsmn.org

Who is the CEO of Evans Park Inc?

Teresa Larson is the President/Ceo of Evans Park Inc. The CEO's salary of Evans Park Inc is $0 and their total compensation is $0.


Official website here: www.guardianangelsmn.org

What is the revenue of Evans Park Inc?

Evans Park Inc's revenue in 2022 was $17,184,966.


Official website here: www.guardianangelsmn.org

Who are the executives of Evans Park Inc and what are their salaries?

There 33 volunteers at Evans Park Inc.


Here are 19 key members and their salaries (Evans Park Inc's CEO's salary is $0 and their total compensation is $0):


Teresa Larson (President/Ceo)
  • Compensation: $0
  • Related: $0
  • Other: $0
Daniel Dixon (President/Ceo (Through April 2022))
  • Compensation: $0
  • Related: $321,207
  • Other: $29,851
Troy Hanson (Vice President/Cfo)
  • Compensation: $0
  • Related: $234,728
  • Other: $31,236
Linda M Krieger (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joyce Leclaire (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Charlene Sheets (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Barthel (Director (Through December 2021))
  • Compensation: $0
  • Related: $0
  • Other: $0
Daryl Herrmann (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bill Hudson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trisha Mowry (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeff Nagorski (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Joanie Nichols (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Raitz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Chris Robinson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Roscoe Lloyd (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lynn Schuler (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Arlo Schultz (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gordy Vetsch (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nick Zerwas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.guardianangelsmn.org

Where can I find the form 990 for Evans Park Inc?

Evans Park Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.guardianangelsmn.org

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

Mission Statement of Evans Park Inc

Evans Park Inc, a dedicated nonprofit organization, is committed to providing housing and essential services for elderly and handicapped individuals. Through the operation of a 36-unit apartment complex, a 90-unit assisted living facility, a 63-unit assisted living facility, and a 142-unit building, this organization caters to the unique physical, social, and psychological needs of its residents.

The mission of Evans Park Inc is twofold. Firstly, it aims to provide suitable housing for the elderly and handicapped population. Each facility is meticulously designed to contribute to the health, security, and overall happiness of its residents. Secondly, Evans Park Inc offers a range of services to enhance the quality of life for its inhabitants. These services extend beyond the basic necessities, addressing the holistic needs of the residents.

Evans Park Inc's commitment to its residents goes beyond providing a roof over their heads. The organization's well-designed facilities are specifically tailored to cater to the unique requirements of elderly and handicapped individuals, ensuring they live in a safe, comfortable, and nurturing environment. This dedicated approach to care sets Evans Park Inc apart and enables it to make a meaningful impact on the lives of those it serves.

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Impact




October, 2024

Evans Park Inc significantly enhances the quality of life for elderly and handicapped individuals by providing specialized housing and support services tailored to their unique needs. The organization operates multiple facilities, including a 36-unit apartment complex, a 90-unit assisted living facility in Elk River, a 63-unit assisted living center in Albertville, and a 142-unit building in Otsego.

These facilities are specifically designed to cater to the physical, social, and psychological well-being of residents, fostering an environment that promotes health, security, and happiness. By creating spaces that encourage community interaction and support, Evans Park Inc plays a crucial role in addressing the challenges faced by elderly and handicapped individuals, ensuring they have a safe and nurturing environment to thrive in. The comprehensive services offered not only meet housing needs but also contribute to the overall dignity and quality of life for residents, making a profound impact in their communities.




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


Financials

This financial information is from Propublica.

Revenue
$17,184,966 (2022)
Expenses
$17,003,906 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $11,036
  • Program Service Revenue: $16,536,229
  • Gross Receipts: $17,184,966

Assets and Liabilities:

  • Total Assets: $41,311,566
  • Total Liabilities: $43,694,982
  • Net Assets: -$2,383,416

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Programs

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

APARTMENT REVENUE

Revenue

$15,106,308

DIETARY/NUTRITION REV

Revenue

$1,335,788

HOUSEKEEPING REVENUE

Revenue

$44,285

NURSING SERVICES

Revenue

$44,007

LAUNDRY REVENUE

Revenue

$5,841

Organization Details

Founding Year

1985

Principal Officer

Teresa Larson

Main Address

508 FREEPORT AVENUE NW SUITE A, ELK RIVER, MN, 55330

NTEE Category

Code: L22 - Housing

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