Overview
What is Phs Interlude Fridley Llc?
Phs Interlude Fridley Llc is a nonprofit organization situated in Roseville, Minnesota, specifically at 2845 N Hamline Ave, with a ZIP code of 55113. Their primary focus is on providing care for older adults, aiming to enrich their lives and impact them positively. This mission is carried out through the operation of a 50-bed transitional care skilled nursing facility located in Fridley, Minnesota. The organization's activities are grounded in the belief of honoring God in all their endeavors, with the ultimate goal of making a meaningful difference in the lives of older adults.
Official website here: www.preshomes.org
What are the reviews and ratings of this charity?
Charity Navigator rates Phs Interlude Fridley LLC with a score of 66%, earning it a Two-Star out of Four Star rating. This rating indicates that the organization has room for improvement, particularly in areas related to its governance structure, as it scored zero points regarding the majority of independent board members and independent board size. While it maintains strong financial oversight, demonstrated by a perfect score in financial statements and policies related to accountability, the organization's liabilities exceed its assets, impacting its overall financial health.
One of the strengths of Phs Interlude Fridley LLC is its high program expense ratio of 87.19%, suggesting that a significant portion of its funds is allocated directly to its programs. This is an encouraging sign for donors wanting to understand how their contributions are used. The organization has also implemented necessary policies regarding conflict of interest and whistleblower protections, indicating a focus on maintaining transparency and ethical standards.
However, the lack of independent board members and the concerning liabilities to assets ratio are notable weaknesses that merit reconsideration by potential supporters and stakeholders. Additionally, despite the strong financial reporting, other areas such as impact measurement and community culture remain unscored, leaving gaps in the overall assessment of the nonprofit's effectiveness. User reviews from GreatNonprofits are currently not available for insights from the community.
This AI summary has been generated from information found on Charity Navigator.
Is Phs Interlude Fridley Llc legitimate?
Phs Interlude Fridley Llc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phs Interlude Fridley Llc 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: $4,945,973
For more financial information, click here
Official website here: www.preshomes.org
What is the mission statement of Phs Interlude Fridley Llc?
Phs Interlude Llc, through its mission, aims to honor God by enriching the lives and touching the hearts of older adults. The organization operates with a strong commitment to this goal, striving to make a positive impact on the lives of those in their care. By focusing on enriching lives and touching hearts, Phs Interlude Llc seeks to provide a compassionate and caring environment for older adults. This mission is reflected in their operations, which include running a 50-bed transitional care skilled nursing facility.
Official website here: www.preshomes.org
Who is the CEO of Phs Interlude Fridley Llc?
Mark Meyer is the Board Chair/Ceo of Phs Interlude Fridley Llc. The CEO's salary of Phs Interlude Fridley Llc is $0 and their total compensation is $943,678.
Official website here: www.preshomes.org
What is the revenue of Phs Interlude Fridley Llc?
Phs Interlude Fridley Llc's revenue in 2022 was $8,703,511.
Official website here: www.preshomes.org
Who are the executives of Phs Interlude Fridley Llc and what are their salaries?
There 1 volunteer at Phs Interlude Fridley Llc.
Here are 6 key members and their salaries (Phs Interlude Fridley Llc's CEO's salary is $0 and their total compensation is $943,678):
- Compensation: $0
- Related: $919,741
- Other: $23,937
- Compensation: $0
- Related: $445,702
- Other: $27,414
- Compensation: $0
- Related: $347,973
- Other: $20,328
- Compensation: $0
- Related: $323,989
- Other: $27,414
- Compensation: $0
- Related: $323,848
- Other: $19,541
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.preshomes.org
Where can I find the form 990 for Phs Interlude Fridley Llc?
Phs Interlude Fridley Llc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.preshomes.org
Learn more at the official website: www.preshomes.org
Mission Statement of Phs Interlude Fridley Llc
Phs Interlude Fridley Llc, a nonprofit organization, is committed to honoring God by enriching the lives and touching the hearts of older adults. This mission is at the core of their operations, guiding them in their daily interactions with their residents. By operating a 50-bed transitional care skilled nursing facility, Phs Interlude Fridley Llc provides a nurturing environment where older adults can transition through their care needs. The organization's mission is not just about providing healthcare services; it's about creating an atmosphere that acknowledges and respects the dignity and worth of each individual resident, allowing them to live their remaining years with comfort and compassion.
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Impact
July, 2024
Phs Interlude Fridley Llc's impact is evident in the way it honors God by enriching the lives and touching the hearts of older adults. Through their operation of a 50-bed transitional care skilled nursing facility in Fridley, Minnesota, they provide essential care and support to the elderly in need. This organization plays a crucial role in ensuring that older adults receive the necessary care and attention to lead fulfilling lives in their later years.
This information is meant to be a general summary of Phs Interlude Fridley Llc. 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: -$76,966
- Program Service Revenue: $8,744,148
- Gross Receipts: $8,703,511
Assets and Liabilities:
- Total Assets: $14,048,892
- Total Liabilities: $15,178,566
- Net Assets: -$1,129,674
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TRANSITIONAL CARE
Revenue
$8,744,148
Organization Details
Founding Year
2013
Phone
(651) 631-6162Principal Officer
Mark Meyer
Main Address
2845 N HAMLINE AVE, ROSEVILLE, MN, 55113
Website
www.preshomes.orgNTEE Category
Code: E90 - Health
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