2026-08-08T07:46:24-07:00 2025-09-30 990 2024-10-01 831842463 BVM-PHS SENIOR HOUSING INC BVM- 6516316162 2845 HAMLINE AVE N ROSEVILLE MN 55113 HEIDI PETERSON CFO 2026-08-08 true 2024 2025-03-06 01:10:19Z JONATHAN FLETCHER 2845 HAMLINE AVE N ROSEVILLE MN 55113 29666624 false X WWW.PRESHOMES.ORG X 2018 IA TO HONOR GOD BY ENRICHING THE LIVES AND TOUCHING THE HEARTS OF OLDER ADULTS. 4 4 0 101 0 644237 10081307 17250329 18900581 23684 230329 370886 454407 18289136 29666624 11235 3715 0 8511969 9481976 0 0 10626087 10671614 19149291 20157305 -860155 9509319 91477588 106025148 81797250 81085160 9680338 24939988 TO HONOR GOD BY ENRICHING THE LIVES AND TOUCHING THE HEARTS OF OLDER ADULTS. false false 17720629 3715 18900581 THE ORGANIZATION CONSISTS OF A 288 UNIT RENTAL SENIOR HOUSING CAMPUS IN DUBUQUE IOWA INCLUDING 167 INDEPENDENT HOUSING UNITS, 40 ASSISTED LIVING UNITS, 21 MEMORY CARE UNITS AND 60 SKILLED NURSING BEDS. 17720629 true true false false false false false false true true true true false false true true true false false false false false false false false false false false false true true false false false false false false false false false false false false false false false true false false false true 0 0 false 0 false false false false false false false 0 false false false false false false false X 4 4 false true false false true true true true true false false true true true true true true false false false MN X HEIDI PETERSON 6516316162 2845 HAMLINE AVE N ROSEVILLE MN 55113 DAN LINDH BOARD CHAIR/CEO 1.00 39.00 X X 0 994222 29111 MARK MEYER BOARD SEC/TREAS 1.00 39.00 X X 0 499375 29211 JONATHAN FLETCHER BOARD CHAIR/CEO 1.00 39.00 X X 0 396038 31984 REBECCA RAUEN VP HUMAN RESOURCES 1.00 39.00 0 335241 4860 HEIDI PETERSON BOARD SEC/TREAS 1.00 39.00 X X 0 297848 30045 MARK PEDERSON BD VICE CHAIR 1.00 39.00 X X 0 299277 25661 SARAH RENTZ CARE CENTER AMDIN 40.00 0.00 110386 0 25206 KATIE HUNTINGTON CLINICAL ADMIN 40.00 0.00 109851 0 16875 GERALDINE A SCHILLING-JOHNSON CAMPUS ADMIN 40.00 0.00 123562 0 2202 343799 2822001 195155 3 false true false STRATKA JOHNSON ARCHITECTS PC 3555 DIGITAL DRIVE DUBUQUE IA 52003 ARCHITECT DESIGN SERVICES 367572 SENIOR HOUSING PARTNERS 2823 HAMLINE AVENUE N ROSEVILLE MN 55113 DEVELOPMENT FEES 128828 PHS MANAGEMENT LLC 2845 HAMLINE AVE N ROSEVILLE MN 55113 MANAGEMENT FEES 797289 3 10081307 10081307 SENIOR CARE SERVICES 623000 18900581 18900581 18900581 230329 230329 0 0 0 0 0 0 0 BEAUTY SHOP REVENUE 446199 127843 127843 CULINARY REVENUE 722210 136363 136363 MISCELLANEOUS 900099 105950 105950 84251 84251 454407 29666624 18900581 684736 0 3715 3715 0 0 0 0 7822571 7220939 601632 123060 113595 9465 958677 884945 73732 577668 533240 44428 797289 797289 1000 1000 17135 17135 0 0 0 430681 426195 4486 59581 14681 44900 209116 115362 93754 193950 193950 0 1163220 886491 276729 44043 44043 0 8931 8931 2800809 2800809 0 3262665 3262665 228917 228917 BUILDING - CONTRACTS/MAINT 598982 598982 FOOD 551241 551241 MEDICAL SUPPLIES 247059 247059 MISCELLANEOUS 56995 7736 49259 0 20157305 17720629 2436676 0 0 4277778 10045455 0 1081145 775545 0 0 0 0 21233 18699 93670818 10705911 84553549 82964907 0 736393 11495455 0 802405 725087 5085 0 91477588 106025148 1407954 1409610 57355797 56479893 1066300 1051000 21967199 22144657 81797250 81085160 X 9680338 24939988 9680338 24939988 91477588 106025148 X 9509319 5750331 X false true X false false X 160000 196536 1120409 644237 10081307 12202489 6180350 9223457 12723930 17250329 18900581 64278647 9353 289748 348457 647558 0 0 6340350 9419993 13853692 18184314 29330345 77128694 0 940621 308761 1249382 940621 308761 1249382 75879312 1009 931 6204 24156 230329 262629 0 1009 931 6204 24156 230329 262629 0 79883 63642 135818 81012 105950 466305 6421242 9484566 13995714 18289482 29666624 77857628 0.97460 0.96590 0.00340 0.00070 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 10000000 123051 10123051 0.01000 0.99000 true false false 3171031 3171031 80018560 7568807 72449753 2138552 329027 1809525 8342675 2808077 5534598 82964907 11495455 DUE TO AFFILIATES 1289357 SUBORDINATED NOTE PAYABLE 20855300 22144657 X 29666624 29666624 29666624 20157305 20157305 20157305 Part IV, Line 2b: Explanation of escrow account liability RESIDENT NOTES ARE REPORTED AS LONG TERM LIABILITY ON THE STATEMENTS OF FINANCIAL POSITION. THE RESIDENT NOTE IS REPAYABLE 120 DAYS AFTER MOVE OUT OF THE RESIDENT. THE DEPOSITS THAT ARE REPAYABLE AS A RESULT OF THE RESIDENT MOVING OUT WILL BE REPAID FROM THE PROCEEDS OF THE NEXT RESIDENT MOVING IN. Part V, Line 4: Intended uses of the endowment fund. The purpose of the BVM endowment fund is to provide sustainable and ongoing funding for the ministry activities. 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. false false false false false false false false false DAN LINDH BOARD CHAIR/CEO 965721 28501 17000 12111 1023333 HEIDI PETERSON BOARD SEC/TREAS 297129 719 15480 14565 327893 JONATHAN FLETCHER BOARD CHAIR/CEO 391770 4268 15655 16329 428022 MARK MEYER BOARD SEC/TREAS 472943 26432 17000 12211 528586 MARK PEDERSON BD VICE CHAIR 297934 1343 13450 12211 324938 REBECCA RAUEN VP HUMAN RESOURCES 311442 23799 392 4468 340101 A CITY OF SAGEVILLE IOWA 421331024 2019-07-10 10000000 CONSTRUCITON false false false B DUBUQUE COUNTY IOWA 426004597 2019-07-10 10000000 CONSTRUCTION false false false C CITY OF ASHBURY IOWA 420999835 2019-07-10 5085000 CONSTRUCTION false false false D IOWA FINANCE AUTHORITY 521699886 2021-02-04 35515000 CONSTRUCTION false false false A 1034037 10000000 10000000 false false true true B 1033534 10000000 10000000 false false true true C 526449 5085000 5085000 false false true true D 732434 35515000 1104180 514310 50001 34950689 false false false true A false false false false false false true B false false false false false false true C false false false false false false true D false false false false false false true A false false true false false false false true B false false true false false false false true C false false true false false false false true D false false true false false false false true A true B true C true D true Form 990, Part VI, Section A, Line 3 THE ORGANIZATION HAS A MANAGEMENT AGREEMENT WITH PHS MANAGEMENT, LLC (AN AFFILIATE OF PHS), WHEREBY THEY HAVE AUTHORITY AND RESPONSIBILITY FOR THE GENERAL MANAGEMENT OF THE ORGANIZATION, INCLUDING PERSONNEL MANAGEMENT, OPERATING POLICIES, RESIDENT SERVICES, INSURANCE, MAINTENANCE, ACCOUNTING AND OTHER GENERAL MATTERS. Form 990, Part VI, Section A, Line 6 THE MEMBERS OF THE CORPORATION SHALL BE PRESBYTERIAN HOMES & SERVICES AND SISTERS OF CHARITY OF THE BLESSED VIRGIN MARY. Form 990, Part VI, Section A, Line 7a EACH MEMBER APPOINTS ONE HALF (1/2) OF THE TOTAL NUMBER OF BOARD MEMBERS. Form 990, Part VI, Section A, Line 7b THE CORPORATION MAY NOT TAKE ANY OF THE FOLLOWING ACTIONS WITHOUT RECEIVING UNANIMOUS MEMBER APPROVAL. (A)INCUR LONG-TERM DEBT;(B)MORTGAGE OR ENCUMBER ANY ASSETS OF THE CORPORATION;(C)SELL, LEASE OR OTHERWISE DISPOSE OF ALL OR SUBSTANTIALLY ALL OF ITS PROPERTY AND ASSETS;(D)VOLUNTARILY DISSOLVE;(E)PURCHASE OR ACQUIRE SUBSTANTIALLY ALL OF THE ASSETS OF ANOTHER ENTITY;(F)MERGE, CONSOLIDATE WITH ANY DOMESTIC OR FOREIGN ORGANIZATION OR LEASE OR SELL MORE THAN FIFTY PERCENT OF THE CORPORATION'S PROPERTY AND ASSETS TO ANY ENTITY IN ANY ONE TRANSACTION OR SERIES OF RELATED TRANSACTIONS;(G)PREPAY ANY INDEBTEDNESS PRIOR TO THE TIME FOR PAYMENT THEREOF AS PROVIDED IN THE CONTRACT EVIDENCING OR CREATING SUCH INDEBTEDNESS;(H)LOAN MONEY OR OTHER ASSETS TO OR GUARANTEE THE OBLIGATIONS OF ANY PERSON OR ENTITY;(I)SUBSTANTIALLY CHANGE THE PRESENT OR NOW INTENDED NATURE OF CORPORATION'S OPEARTIONS;(J)APPROVE ANY EXTRAORDINARY COMPENSATION OR BONUS TO ANY EMPLOYEE;(K)AMEND THE ARTICLES OF INCORPORATION OR BYLAWS;(L)APPROVE, EXTEND OR RENEW ANY CONTRACTS BETWEEN THE CORPORATION AND A MEMBER, OR AN AFFILIATE OF A MEMBER, OR MODIFY ANY SUCH CONTRACTS TO INCREASE THE AMOUNT PAID THEREUNDER BY MORE THAN TEN PERCENT; OR (M)ADMIT ADDITIONAL MEMBERS. Form 990, Part VI, Section B, Line 11b PRIOR TO FILING WITH THE IRS, THE ORGANIZATION'S FORM 990 IS MADE AVAILABLE TO THE GOVERNING BODY OF THE MEMBER THAT CONTROLS MANAGEMENT OF THE ORGANIZATION AND APPOINTS SOME OR ALL DIRECTORS TO THE ORGANIZATION. OFFICERS AND MANAGEMENT OF THE ORGANIZATION HAVE BEEN INVOLVED IN THE PREPARATION OF THE FORM 990 AND REMAIN ACCOUNTABLE TO THE GOVERNING BODY THROUGH REGULAR REVIEW OF FINANCIAL REPORTS AND RELATED INFORMATION. Form 990, Part VI, Section B, Line 12c THE ORGANIZATION OBTAINS ANNUALLY WRITTEN DISCLOSURES 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, Section C, Line 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, CONFLICT OF INTEREST POLICY, AND FINANCIAL STATEMENTS AVAILABLE TO THE PUBLIC UPON REQUEST. Form 990, Part XI, Line 9 MEMBER CONTRIBUTION - BVM = $2875166 Form 990, Part XI, Line 9 MEMBER CONTRIBUTION - PHS = $2875166 Form 990, Part XI, Line 9 Rounding = -$1 FORM 990, PART VII, SECTION A SHARING OF HOURSOFFICERS & KEY EMPLOYEES SHARE THEIR HOURS BETWEEN THE FILING ORGANIZATION AND ITS RELATED ORGANIZATIONS. SISTERS OF CHARITY OF THE BLESSED VIRGIN 1100 CARMEL DR DUBUQUE IA 52003 420680320 SUPPORT CATHOLIC & SOCIETAL NEEDS IA 501(C)(3) 10 NA false PRESBYTERIAN HOMES AND SERVICES 2845 HAMLINE AVE N ROSEVILLE MN 55113 410758756 SENIOR HOUSING WITH SERVICES MN 501(C)(3) 10 NA false false false true false false false false false false false false false false false true true false false false