Elim Care Foundation

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

EIN: 411694817 ✦ Edina, MN ✦ Designated as a 501(c)(3)

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Overview

What is Elim Care Foundation?

The Elim Care Foundation, located at 7171 OHMS LANE, EDINA, MN, 55439, functions primarily as a financial entity for associated tax-exempt organizations. Its main role is to manage long-term investments and provide financial backing for new projects within the Elim Care family of corporations. The foundation's mission is to hold and invest non-operating funds, ensuring financial stability and growth for its affiliated organizations.


Official website here: www.cassialife.org

Is Elim Care Foundation legitimate?

Elim Care Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Elim Care Foundation 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: $0

For more financial information, click here


Official website here: www.cassialife.org

What is the mission statement of Elim Care Foundation?

The Elim Care Foundation's mission, in essence, involves managing and investing non-operating funds on behalf of the Elim Care Family of Corporations. Its primary role is to handle the long-term investing of funds for affiliated tax-exempt organizations and provide equity for new projects. In simpler terms, the foundation serves as a financial steward, ensuring the sustainable growth and expansion of projects under the Elim Care umbrella.


Official website here: www.cassialife.org

Who is the CEO of Elim Care Foundation?

Robert Dahl is the President/Ceo of Elim Care Foundation. The CEO's salary of Elim Care Foundation is $0 and their total compensation is $689,884.


Official website here: www.cassialife.org

What is the revenue of Elim Care Foundation?

Elim Care Foundation's revenue in 2022 was $6,858,886.


Official website here: www.cassialife.org

Who are the executives of Elim Care Foundation and what are their salaries?

There 4 volunteers at Elim Care Foundation.


Here are 14 key members and their salaries (Elim Care Foundation's CEO's salary is $0 and their total compensation is $689,884):


Robert Dahl (President/Ceo)
  • Compensation: $0
  • Related: $602,456
  • Other: $87,428
Kathy Youngquist (Chief Financial Officer)
  • Compensation: $0
  • Related: $462,088
  • Other: $76,596
Kathy Kopp (Chief Strategic Officer)
  • Compensation: $0
  • Related: $320,482
  • Other: $76,596
Matthew Kern (Chief Operating Officer)
  • Compensation: $0
  • Related: $317,298
  • Other: $72,793
Sharon Wilson (Chief Clinical And Compliance Officer)
  • Compensation: $0
  • Related: $245,326
  • Other: $42,846
Angela Brown (Chief Human Resource Officer)
  • Compensation: $0
  • Related: $234,321
  • Other: $44,974
Erik Ellingson (Director And Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Somrock (Director And Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Anderson (Director And Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Larson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Roland Peterson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Prentiss (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Johnson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tim Kuck (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.cassialife.org

Where can I find the form 990 for Elim Care Foundation?

Elim Care Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.cassialife.org

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

Mission Statement of Elim Care Foundation

Elim Care Foundation, as a non-profit entity, is primarily tasked with managing and investing non-operational funds for the corporations within the Elim Care Family. Its main objective is to ensure the long-term financial stability of the affiliated tax-exempt organizations by strategically investing funds. Furthermore, Elim Care Foundation provides the necessary equity for new projects, further strengthening the financial capabilities of these organizations. In essence, the foundation plays a pivotal role in securing a financially secure future for the affiliated entities within the Elim Care Family.

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Impact




October, 2024

Elim Care Foundation plays a crucial role in the long-term financial sustainability of the Elim Care family of corporations. By holding and investing non-operating funds, the Foundation ensures that affiliated tax-exempt organizations have the resources required to undertake new projects and initiatives. This thoughtful investment strategy not only secures the financial health of these organizations but also enables them to expand their services and better meet community needs. Located in Edina, MN, the Foundation's focus on equity for new projects helps to foster innovation and growth within the Elim Care network, thereby positively impacting the populations they serve.




This information is meant to be a general summary of Elim Care Foundation. 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
$6,858,886 (2022)
Expenses
$4,163,161 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $84,989
  • Gross Receipts: $7,005,816

Assets and Liabilities:

  • Total Assets: $8,773,067
  • Total Liabilities: $2,863,502
  • Net Assets: $5,909,565

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Organization Details

Founding Year

1986

Principal Officer

Robert Dahl

Main Address

7171 OHMS LANE, EDINA, MN, 55439

NTEE Category

Code: Z99 - Unknown

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