Skip to main content
IRS-authorized e-file provider · not the IRS

Nonprofit · EIN 20-8335025

PHS FOUNDERS RIDGE INC

Tax-exempt · ROSEVILLE, MN 55113

Financials

$10.9M$10M2022$11.8M$10.1M2023$12.6M$10.7M2024
Revenue Expenses · by fiscal year end
Financials of PHS FOUNDERS RIDGE INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$12,572,782$10,694,042$1,878,740$48,117,196$44,060,239$4,056,957
September 30, 2024990$11,803,978$10,073,916$1,730,062$48,466,559$46,288,342$2,178,217
September 30, 2023990$10,856,611$10,049,892$806,719$48,198,301$47,750,146$448,155
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$8,497
of which government grants
$3,065
Program service revenue
$12,120,399
Investment income
$33,971
Net rental income
$81,381
Net income from sales of inventory
$862
Other revenue
$409,915

Expenses

Grants and similar amounts paid
$8,315
Compensation of officers, directors and key employees
$0
Other salaries and wages
$3,491,726
Salaries, compensation and benefits (total)
$4,245,326
Professional fundraising fees
$0
Accounting fees
$4,896
Occupancy
$1,149,720
Travel
$9,374
Depreciation
$1,668,361
Program services (functional)
$9,162,644
Management and general (functional)
$1,531,398

Balance sheet and other

Total assets, start of year
$48,466,559
Total assets, end of year
$48,117,196
Total liabilities, end of year
$44,060,239
Net assets, end of year
$4,056,957
Land, buildings and equipment
$40,273,899
Net assets without donor restrictions
$4,056,957
Gross receipts
$12,574,128
Employees
0
Volunteers
69
Year formed
2007
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
DAN LINDHBOARD CHAIR/CEO
Trustee or director, Officer
1$0$994,222$29,111
MARK MEYERSEC/TREAS/CFO
Trustee or director, Officer
1$0$499,375$29,211
JONATHAN FLETCHERBOARD CHAIR/CEO
Trustee or director, Officer
1$0$396,038$31,984
REBECCA RAUENVP HUMAN RESOURCES1$0$335,241$4,860
HEIDI PETERSONSEC/TREASURER
Trustee or director, Officer
1$0$297,848$30,045
MARK PEDERSONSVP OPERATIONS
Trustee or director, Officer
1$0$299,277$25,661
JENNIFER BRODAHLCAMPUS ADMIN40$119,622$0$11,856
PRINCESS KPARKAHCLINICAL ADMIN40$106,569$0$9,910
990 for the year ended September 30, 2024: 5 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DAN LINDHBOARD CHAIR/CEO
Trustee or director, Officer
1$0$1,063,597$26,250
MARK MEYERSEC/TREAS/CFO
Trustee or director, Officer
1$0$479,100$21,646
JONATHAN FLETCHERVP DEVELOPMENT1$0$380,084$28,580
MARK PEDERSONSVP OPERATIONS
Trustee or director, Officer
1$0$273,581$21,854
JENNIFER J BRODAHLCAMPUS ADMIN40$113,034$0$11,531
990 for the year ended September 30, 2023: 8 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
DAN LINDHBOARD CHAIR/CEO
Trustee or director, Officer
1$0$836,839$25,618
MARK MEYERSEC/TREAS/CFO
Trustee or director, Officer
1$0$449,215$29,663
JONATHAN FLETCHERVP DEVELOPMENT1$0$358,151$25,188
DUANE LARSONVP AFFILIATE BD
Trustee or director
1$0$329,917$21,874
MARK PEDERSONSVP OPERATIONS
Trustee or director, Officer
1$0$189,597$22,932
TERESA LARSONSVP HUMAN RESOUCES1$0$153,546$10,011
CAROLINE M ALLOYSRA40$131,035$0$0
JENNIFER J BRODAHLCAMPUS ADMIN40$115,117$0$11,752

Address and contacts

Address (IRS master file)
2845 HAMLINE AVE N, ROSEVILLE, MN 55113-1888
Principal officer (990 for 2024)
JONATHAN FLETCHER, 2845 HAMLINE AVE N, ROSEVILLE, MN 55113
Signed the 990
HEIDI PETERSON, CFO
Phone
(651) 631-6162

Mission

THE MISSION OF THE ORGANIZATION IS TO HONOR GOD BY ENRICHING THE LIVES AND TOUCHING THE HEARTS OF OLDER ADULTS.

990 for the year ended September 30, 2025

Program accomplishments

  • THE ORGANIZATION IS LOCATED IN BLOOMINGTON MINNESOTA. THE CAMPUS CONSISTS OF 127 INDEPENDENT APARTMENTS, 40 INDEPENDENT BROWNSTONE APARTMENTS, 33 ASSISTED LIVING APARTMENTS AND 19 ASSISTED LIVING APARTMENTS SPECIFIC TO MEMORY CARE.
    Expenses $9,162,644 · grants $8,315 · revenue $12,120,399

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 15, 2027Not due yet
2024September 30, 2025February 16, 2026990 on file
2023September 30, 2024February 17, 2025990 on file

IRS record

EIN
20-8335025
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2007
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$48,117,196
Income (IRS master file)
$12,574,128

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$12,572,782$10,694,042$48,117,196XML
990September 2024$11,803,978$10,073,916$48,466,559XML
990September 2023$10,856,611$10,049,892$48,198,301XML
990September 2022$9,717,356$9,651,153$48,968,493IRS
990September 2021–––IRS
990September 2020–––IRS
990September 2019–––IRS
990September 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 20-8335025).

Questions about PHS FOUNDERS RIDGE INC

What is the EIN of PHS FOUNDERS RIDGE INC?
The employer identification number (EIN) of PHS FOUNDERS RIDGE INC is 20-8335025.
Is PHS FOUNDERS RIDGE INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2007.
Are donations to PHS FOUNDERS RIDGE INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does PHS FOUNDERS RIDGE INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of PHS FOUNDERS RIDGE INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 15, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did PHS FOUNDERS RIDGE INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of PHS FOUNDERS RIDGE INC?
The 990 for the year ended September 30, 2025 names JONATHAN FLETCHER.
Who are the officers and directors of PHS FOUNDERS RIDGE INC?
The 990 for the year ended September 30, 2025 lists 8 people; 2 received compensation from the organization.
How much revenue does PHS FOUNDERS RIDGE INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $12,572,782, expenses of $10,694,042 and total assets of $48,117,196 at year end.

Other nonprofits in ROSEVILLE

All nonprofits in ROSEVILLE · Minnesota · Housing and shelter