2018-08-15T07:01:36-07:00 2017-09-30 990 2016-10-01 300054296 PRESBYTERIAN HOMES OF NORTH OAKS INC PRES 6516316162 2845 N HAMLINE AVE ROSEVILLE MN 55113 MARK MEYER CFO 2018-08-15 2016 2022-09-23 18:48:47Z MARK MEYER 2845 N HAMLINE AVE ROSEVILLE MN 55113 21238726 false false X WWW.PRESHOMES.ORG X 2001 MN THE MISSION OF THE ORGANIZATION IS TO HONOR GOD BY ENRICHING THE LIVES AND TOUCHING THE HEARTS OF OLDER ADULTS. 3 0 0 113 0 46935 69215 19771436 20466540 451888 205666 493312 478389 20763571 21219810 12626 28388 0 7908621 8090460 0 0 12600146 11684862 20521393 19803710 242178 1416100 96550017 91673121 107229869 106476497 -10679852 -14803376 THE MISSION OF THE ORGANIZATION IS TO HONOR GOD BY ENRICHING THE LIVES AND TOUCHING THE HEARTS OF OLDER ADULTS. false false 17555551 28388 20466540 PRESBYTERIAN HOMES OF NORTH OAKS, INC. IS LOCATED IN NORTH OAKS, MINNESOTA. THE CAMPUS CONSISTS OF A 60 BED LICENSED NURSING HOME, 89 ASSISTED LIVING APARTMENTS WITH 27 SPECIFICALLY DESIGNED FOR MEMORY CARE RESIDENTS AND 18 FOR HIGH NEEDS ENHANCED CARE APARTMENTS, AND 164 INDEPENDENT SENIOR APARTMENTS. 17555551 true true false false false false false false true true true true false false true true false true false false false false false false false false false false true true true false false false false false false false false false false false false false false false true false false false false true 0 0 false 0 false false false false false false false false false 0 false false false false false false false false false false X 3 0 false true false false true true false true true false false true true true true true true false false false MN X HEIDI PETERSON 6516316162 2845 N HAMLINE AVE ROSEVILLE MN 55113 DAN LINDH BOARD CHAIR/CEO 1.00 39.00 X X 0 789398 29912 JOHN MEHRKENS VP DEVELOPMENT 1.00 39.00 X 0 281450 32142 MARK MEYER SEC/TREAS/CFO 1.00 39.00 X X 0 387335 30833 SHARON KLEFSAAS VP SITE OPERATIONS 1.00 39.00 X 0 316112 17951 KAREN MCKENNA VP HUMAN RESOURCES 1.00 39.00 X 0 275338 26969 MICHAEL BINGHAM VP OPTAGE 1.00 39.00 X 0 310938 18278 WILLIAM HAGSTROM VP SENIOR HOUSING PARTNERS 1.00 39.00 X 0 170672 7442 DANIEL ERICKSON CAMPUS ADMIN 40.00 0.00 X 123968 0 23562 123968 2531243 187089 1 false true false PHS MANAGEMENT LLC 2845 N HAMLINE AVE ROSEVILLE MN 55113 MANAGEMENT FEE 914136 1 69215 69215 RESIDENT SERVICES 623000 20466540 20466540 20466540 205666 205666 0 0 0 0 0 0 12701 18916 -6215 -6215 BEAUTY SHOP 446199 136338 136338 CULINARY INCOME 722210 193500 193500 MISCELLANEOUS INCOME 900099 154766 154766 484604 21219810 20466540 684055 0 28388 28388 0 0 0 0 6710211 6164878 545333 137196 126220 10976 740420 681186 59234 502633 462422 40211 914136 914136 0 7700 7700 0 0 0 0 16976 16976 157317 157317 163831 163831 0 1403407 1403407 7362 6773 589 0 4388 4037 351 3921763 3921763 0 2562699 2562699 130477 130477 MISCELLANEOUS 1195288 1110020 85268 FOOD 590697 590697 BUILDING - CONTRACTS/MAINT 323259 323259 LICENSES/DUES/SURCHARGES 285562 169802 115760 0 19803710 17555551 2248159 0 0 15031477 19001307 0 451490 501445 0 0 0 0 35455 36063 87528505 27831160 61609850 59697345 0 18482100 11254516 0 939645 1182445 0 96550017 91673121 4393063 3617833 77520057 76866358 22433836 23244665 2882913 2747641 107229869 106476497 X -12473635 -16595596 1793783 1792220 -10679852 -14803376 96550017 91673121 X 1416100 110764 -5650388 X false true X true false X 40401 79333 48372 46935 69215 284256 17983368 18626263 19353701 19771436 20466540 96201308 -1886 803 -1107 -4616 -6215 -13021 0 0 18021883 18706399 19400966 19813755 20529540 96472543 0 0 96472543 268895 375577 381872 451888 205666 1683898 0 268895 375577 381872 451888 205666 1683898 0 477112 553606 563774 497928 484604 2577024 18767890 19635582 20346612 20763571 21219810 100733465 0.95770 0.95920 0.01670 0.01900 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 1787010 61820 56610 1792220 1793783 62500 69273 1787010 1800934 57292 64443 1793783 1805733 62500 67299 1800934 1719392 85582 62501 61742 1805733 1.00000 false false false 13204741 13204741 62138998 18884004 43254994 3711493 1967468 1744025 8473273 6979688 1493585 59697345 11254516 DUE TO AFFILIATES 1070098 EXTENDED CARE LIABILITY 46949 SWAP MARK TO MARKET 1630594 2747641 X Part IV, Line 2b: Explanation of escrow account liability RESIDENT NOTES ARE REPORTED AS LONG TERM ASSET AND LIABILITY, RESPECTIVELY ON THE STATEMENTS OF THE FINANCIAL POSITION. THE CONTRACTS WITH THE RESIDENTS LIMIT THE TOTAL AMOUNT OF DEPOSITS THAT THE ORGANIZATION MUST RETURN AT AY ONE TIME. THE MAXIMUM AMOUNTS IS $2,000,000. IF AT ANY TIME THE NET AMOUNT IT HAS BEEN RETURNED TO FORMER RESIDENTS EXCEEDS THE AMOUNT THAT IT HAS RECEIVED FROM NEW TENANTS BY THE APPLICABLE MAXIMUM AMOUNT, THE ORGAIZATION IS NOT REQUIRED TO REFUND ADDITIONAL DEPOSITS UNTIL NEW DEPOSITS ARE COLLECTED BRINGING THE AMOUNT OWED UNDER MAXIMUM AMOUNT. Part V, Line 4: Intended uses of the endowment fund. THE ORGANIZATION'S ENDOWMENT FUNDS WILL BE USED AS DIRECTED BY THE DONOR'S RESTRICTION. Part X : FIN48 Footnote THE ORGANIZATION AND ITS AFFILIATES ARE GENERALLY EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE SECTIONS OF THE STATE STATUTES; CONSEQUENTLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. HOWEVER, THERE ARE IMMATERIAL AMOUNTS OF UNRELATED BUSINESS INCOME IN CERTAIN AFFILIATES THAT ARE TAXABLE.THE ORGANIZATION FOLLOWS THE ACCOUNTING STANDARD FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THE ORGANIZATION FILES INFORMATION RETURNS AS A TAX-EXEMPT ORGANIZATION. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION COULD BE SUBJECT TO REVIEW BY THE IRS. true 0 0 SCHOLARSHIPS 9 28388 Additional Supplemental Information SCHEDULE I, PART I, LINE 2: EMPLOYED BY PHS FOR AT LEAST SIX MONTHS, WORK AN AVERAGE OF 10 HOURS A WEEK, MAINTAINED AN EXCELLENT WORK RECORD, PROOF OF ACCEPTANCE OR ENROLLMENT IN A DEGREED PROGRAM, ENDORSEMENT OF THEIR MANAGER, CAMPUS ADMINISTRATOR, AND HUMAN RESOURCES REPRESENTATIVE. false false false false false false false false false false DAN LINDH BOARD CHAIR/CEO 789398 13250 16662 819310 JOHN MEHRKENS VP DEVELOPMENT 281450 13250 18892 313592 KAREN MCKENNA VP HUMAN RESOURCES 275338 9731 17238 302307 MARK MEYER SEC/TREAS/CFO 387335 13250 17583 418168 MICHAEL BINGHAM VP OPTAGE 310938 11901 6377 329216 SHARON KLEFSAAS VP SITE OPERATIONS 316112 12052 5899 334063 WILLIAM HAGSTROM VP SENIOR HOUSING PARTNERS 170672 6941 501 178114 A CITY OF NORTH OAKS MN 410883077 66126TBB1 2016-10-27 77046632 REFINANCE SERIES 2007 false false false A 77046632 75841921 1204711 false true false true A false false false false true A false true false false false false false false A true Form 990, Part VI, Line 3: Description of Delegated Duties to Management Company PHS MANAGEMENT, LLC PROVIDES MANAGEMENT SERVICES FOR THE ORGANIZATION. PHS MANAGEMENT, LLC PROVIDES FINANCIAL ACCOUNTING, OPERATIONAL OVERSIGHT, HUMAN RESOURCES, INFORMATION TECHNOLOGY, CLINICAL NURSING CONSULTATION, CORPORATE COMPLIANCE, COORDINATED ADVERTISING AND MARKETING, STAFFING FOR FUND DEVELOPMENT, AND NEW BUSINESS DEVELOPMENT. Form 990, Part VI, Line 6: Explanation of Classes of Members or Shareholder THE SOLE MEMBER OF THE ORGANIZATION IS PRESBYTERIAN HOMES & SERVICES. Form 990, Part VI, Line 11b: Form 990 Review Process THE ORGANIZATION'S 990 IS PROVIDED TO VOTING MEMBERS OF THE GOVERNING BODY PRIOR TO FILING WITH THE IRS. OFFICERS AND MANAGEMENT OF THE ORGANIZATION HAVE BEEN INVOLVED IN THE PREPARATION OF THE 990 AND HAVE REVIEWED THE 990 THROUGHOUT THE PROCESS. Form 990, Part VI, Line 12c: Explanation of Monitoring and Enforcement of Conflicts THE ORGANIZATION OBTAINS ANNUALLY WRITTEN DISCLOSURE FROM GOVERNING BODY MEMBERS, OFFICERS AND KEY EMPLOYEES. MANAGEMENT AND OFFICERS REVIEW THESE DISCLOSURES AND EVALUATE WHETHER THE INTEREST COULD RESULT IN A CONFLICT AND THEN TAKE THE NECESSARY STEPS TO REMEDIATE ANY SUCH CONFLICT. Form 990, Part VI, Line 19: Other Organization Documents Publicly Available THE ORGANIZATION MAKES AVAILABLE ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY UPON REQUEST. FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. Other Changes In Net Assets Or Fund Balances - Other Decreases LOSS ON REFINANCE = -$5650388 FORM 990, PART VII, SECTION A SHARING OF HOURSOFFICERS & KEY EMPLOYEES SHARE THEIR HOURS BETWEEN THE FILING ORGANIZATION AND ITS RELATED ORGANIZATIONS. SEE ATTACHMENT FOR SCH R 2845 N HAMLINE AVE ROSEVILLE MN 55113 MN N/A false false false true false false false false false false false false false false false true true false false false