2026-02-27T09:03:15-06:00 2024-06-30 450250958 Eide Bailly LLP 800 Nicollet Mall Ste 1300 Minneapolis MN 554027033 990 2023-07-01 411936717 Living Services Foundation LIVI 7632310410 3109 West 50th Street 133 Minneapolis MN 55410 Jennifer Gleason Chief Executive Officer 7632310410 2026-02-25 1 1 Deb Nelson CPA P01264758 6122536500 2026-02-24 2023 2025-03-06 01:10:19Z Jennifer Gleason 3109 West 50th Street 133 Minneapolis MN 55410 2882324 0 X www.lsfhealth.org X 1999 MN Housing and long-term care facilities for the elderly. 4 3 66 4 0 0 0 0 2303935 2882324 -151611 0 0 0 2152324 2882324 0 0 0 0 1634908 1621220 0 0 0 1660592 1695557 3295500 3316777 -1143176 -434453 8510167 8465067 13850503 13329070 -5340336 -4864003 X The Foundation is organized and shall be operated primarily to own, maintain, operate and conduct, directly or indirectly, housing and long-term care facilities for the elderly and to assist and coordinate activities of facilities for health care, social services, education and research, and do any and all other acts and things and exercise any and all other rights and powers which may be reasonably necessary, incidental, desirable or expedient in the accomplishment of such purposes. 0 0 2762010 2882324 The organization owns and provides management oversight to the following wholly owned subsidiaries:Living Services Foundation/Minneota, LLC consists of a home health agency and 33-unit assisted living facility located in Minneota, Minnesota. Living Services Foundation/Mora, LLC consists of a 65-bed skilled nursing facility, a 35-unit assisted living facility, and clinic space for LSF Mora, LLC, located in Mora, Minnesota.(Continued on Schedule O) Benedictine Living Community of Mora operates the facilities owned by Living Services Foundation/Mora, LLC and manages a 30 unit assisted living building for a third party in Mora, MN.The organization operates Living Services Foundation - Minneota, Living Services Foundation/Mora, LLC and Benedictine Living Community of Mora. 2762010 1 0 0 0 0 0 0 0 1 0 1 0 0 1 1 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 0 0 0 0 0 1 0 0 0 0 0 0 0 0 1 1 1 1 0 0 1 7 0 1 66 1 0 0 0 0 0 0 0 0 0 0 0 0 X 4 3 1 0 0 0 0 0 0 1 0 0 0 1 1 1 1 1 1 1 1 0 MN X Brad Stedman and Kathy Johnson 7013563101 PO Box 656 West Fargo ND 58078 Dennis Kamstra Chair 2.00 1.00 X X 0 0 0 Robert Sundberg Board Member 2.00 1.00 X 0 0 0 Rod Pakonen Board Member 2.00 1.00 X 0 0 0 Paul Sanders Board Member 2.00 1.00 X 0 0 0 Jennifer Gleason CEO/Secretary/Treasurer 33.00 7.00 X 215010 0 0 Tammy Esping Director of Nursing 40.00 0.00 X 110304 0 3309 325314 0 3309 2 0 1 0 0 Resident Service Reven 623000 1732130 1732130 Lease Revenue 532000 580525 580525 Management fee revenue 541610 551126 551126 18543 18543 2882324 2882324 2882324 0 0 215961 43192 172769 1143381 984521 158860 17631 16303 1328 148869 138441 10428 95378 89179 6199 88015 88015 240 240 100366 32555 67811 11550 11550 8073 8073 59212 53310 5902 10017 10017 272797 260063 12734 5970 5970 4191 850 3341 627118 612209 14909 326546 320341 6205 58367 58367 Food 113389 113389 9706 3680 6026 3316777 2762010 554767 0 62581 37632 174529 261364 166654 137825 14128 49013 9675864 5006089 5331809 4669775 2760466 3309458 8510167 8465067 1320262 1745828 7824187 6268762 6720 6376 1400000 1400000 104068 3299334 3804036 13850503 13329070 X -5340336 -4864003 -5340336 -4864003 8510167 8465067 -434453 910786 0 X 0 0 0 X 2557539 2557539 6992437 6645762 2923712 2303935 2882324 21748170 6992437 6645762 5481251 2303935 2882324 24305709 0 1190975 823022 38439 628712 802440 3483588 1190975 823022 38439 628712 802440 3483588 20822121 1322 514 1360 3196 1322 514 1360 3196 6993759 6646276 5482611 2303935 2882324 24308905 0.85660 0.85990 0.00010 0.00010 X 0 1 X 547122 547122 8607053 4484400 4122653 499689 499689 0 22000 22000 0 4669775 Due from Affiliates 1859737 Debt Reserve Fund 151216 Other Assets 28829 ERC Receivable 976483 Security Deposits 10900 Construction Escrow 922 Deferred Financing Costs 281371 3309458 Asset Retirement Obligation 30077 Accrued interest 80267 Due To/From Related Party 3693692 3804036 Part IV, Line 2b: The Organization acts as custodian for the funds of the residents and holds tenant security deposits. These funds are included in cash and cash equivalents and current liabilities. X X X 0 0 0 0 0 0 0 0 0 Jennifer Gleason CEO/Secretary/Treasurer 215010 0 0 0 0 0 0 0 951 0 215961 0 0 0 A City of Mora 416005389 000000000 2009-04-30 6258382 To purchase a nursing & assisted living facility in Mora, MN. 0 0 0 B City of Mora 416005389 000000000 2013-09-06 4851795 Refinance a portion of Series 2009 notes issues in 4/30/2009. 0 0 0 C City of Minneota 416005373 000000000 2013-12-31 4397409 To purchase a nursing & assisted living facility in Minneota, MN. 0 0 0 A 4858382 6258382 6258382 2009 0 0 1 1 B 1927497 4851795 97035 5059 4749701 2013 1 0 1 1 C 1061708 4397409 150000 34437 4212972 2013 0 0 1 1 A 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 B 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 C 0 0 0 0 0.00000 0.00000 0.00000 0 0 1 A 0 0 1 0 0 0 0 0 1 B 0 0 0 0 1 0 0 0 1 C 0 0 0 0 1 0 0 0 1 A 1 B 1 C 1 Housing Alternatives Partnership (HAP) Board Member Robert Sundberg is a 50% owner of HAP Purchase of Assisted Living Facility X 1400000 1400000 0 1 1 1400000 Form 990, Part VI, Section A, line 2 Dennis Kamstra and Jennifer Gleason have a family relationship. Form 990, Part VI, Section A, line 8b No committees are able to act on behalf of the board. Form 990, Part VI, Section B, line 11b An electronic draft of the Form 990 is distributed to the full board of directors for review and approval prior to filing with the IRS. Form 990, Part VI, Section B, line 12c The Conflict of Interest policy is enforced and consistently monitored. An interested person must disclose the existence of their financial interest to the board considering the proposed transaction or arrangement. The remaining board members then determine if a conflict of interest exists. Corrective action is taken by the board of directors as deemed necessary when a conflict of interest is determined to have occurred. Disclosure of a conflict of interest would prevent that person from taking part in discussions or voting on related issues. Form 990, Part VI, Section B, line 15 The process for determining compensation for the CEO and COO is determined by a compensation survey and study. The compensation is then approved by the independent members of the Board of Directors. The last review took place during the summer of 2020. Form 990, Part VI, Section C, line 19 The Organization makes the governing documents and conflict of interest policy available upon request. Living Services Foundation Mora LLC 110 North 7th Street Mora MN 55051 263614974 Leasing of skilled nursing and assisted living facility. DE 567810 3361692 Living Services Foundation Living Services Foundation Minneota LLC 700 North Monroe Street Minneota MN 56264 263614760 Operation of skilled nursing, assisted lving, and home health agency. DE 1763387 2649475 Living Services Foundation Benedictine Living Community of Mora 110 North 7th Street Mora MN 55051 274219119 Skilled nursing care center and assisted living facility. MN 501(c)(3) Line 10 Living Services Foundation 1 0 0 0 0 1 0 0 0 0 1 0 0 0 0 0 0 0 0 0 Benedictine Living Community of Mora J 463111 General Ledger