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Nonprofit · EIN 30-0186547

HOMESTEAD AT ROCHESTER INC

Tax-exempt · EDEN PRAIRIE, MN 55344

Financials

$25.7M$25.2M2022$26.1M$25.6M2023$24.5M$24.4M2024
Revenue Expenses · by fiscal year end
Financials of HOMESTEAD AT ROCHESTER INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
June 30, 2025990$24,458,947$24,443,397$15,550$77,915,939$76,252,360$1,663,579
June 30, 2024990$26,118,873$25,584,408$534,465$80,387,350$78,739,321$1,648,029
June 30, 2023990$25,690,361$25,177,497$512,864$81,316,077$80,200,215$1,115,862
Financial details: 990 for the year ended June 30, 2025

Revenue

Contributions, gifts and grants
$2,575,025
Program service revenue
$21,432,087
Investment income
$451,835
Other revenue
$0

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$5,508,540
Salaries, compensation and benefits (total)
$6,419,974
Professional fundraising fees
$0
Legal fees
$82,775
Accounting fees
$24,740
Occupancy
$1,409,024
Travel
$175,205
Depreciation
$2,735,160
Program services (functional)
$23,403,244
Management and general (functional)
$1,040,153

Balance sheet and other

Total assets, start of year
$80,387,350
Total assets, end of year
$77,915,939
Total liabilities, end of year
$76,252,360
Net assets, end of year
$1,663,579
Land, buildings and equipment
$56,988,590
Net assets without donor restrictions
$1,663,579
Gross receipts
$24,458,947
Employees
157
Volunteers
14
Year formed
2003
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 June 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
KING MICHAEL WPRESIDENT
Trustee or director, Officer
3$0$685,034$183,373
NISIVOCCIA DAVIDASST. TREASURER/ASST. SECRETARY
Officer
3$0$442,369$74,234
BUDZYNSKI JOSEPH AASST. TREASURER/ASST. SECRETARY
Officer
3$0$348,630$116,809
SOCZYNSKI PAUL FASST. TREASURER/ASST. SECRETARY
Officer
3$0$348,226$30,221
DESJARDINS PETER JASST. TREASURER/ASST. SECRETARY - UNTIL 04/2025
Officer
3$0$278,997$40,506
GAVIN NANCY AASST. SECRETARY/ASST. TREASURER - UNTIL 04/2025
Officer
3$0$197,742$87,852
KING KIMBERLY BASST. TREASURER/ASST. SECRETARY - UNTIL 07/2024
Officer
3$0$223,281$33,529
PASKOFF DAVID WASST. TREASURER/ASST. SECRETARY
Officer
3$0$179,936$17,960
NUTZ FAITH AASST. SECRETARY/ASST. TREASURER
Officer
3$0$149,032$20,168
MICHAEL ANDERSONEXECUTIVE DIRECTOR
Highest-paid employee
40$114,601$0$1,000
STEPHEN OKEMWACERTIFIED NURSING ASSISTANT
Highest-paid employee
40$108,865$0$1,267
RASE NANCYCHAIRPERSON
Trustee or director, Officer
0.1$0$0$0
PERKINSDERRICKVICE CHAIR
Trustee or director, Officer
0.1$0$0$0
ERICKSON KARENTREASURER
Trustee or director, Officer
0.1$0$0$0
HACKETT KARENSECRETARY
Trustee or director, Officer
0.1$0$0$0
10 more people on this return
NameTitleHours / weekCompensation
ARNOLD PATTIDIRECTOR
Trustee or director
0.1$0
BLOOM SHAWNDIRECTOR
Trustee or director
0.1$0
JACKSON CARMENDIRECTOR
Trustee or director
0.1$0
KNAPP KEITHDIRECTOR
Trustee or director
0.1$0
MULLEN BETHDIRECTOR
Trustee or director
0.1$0
PETERSON JEANNEDIRECTOR
Trustee or director
0.1$0
SHERIDAN PATRICKDIRECTOR
Trustee or director
0.1$0
STRINGFELLOW JANETDIRECTOR
Trustee or director
0.1$0
TEJADA J WALTERDIRECTOR
Trustee or director
0.1$0
VIGEE VORISDIRECTOR
Trustee or director
0.1$0
990 for the year ended June 30, 2024: 25 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
KING MICHAEL WPRESIDENT
Trustee or director, Officer
3$0$645,785$179,300
KING KIMBERLY BASST. TREASURER/ASST. SEC
Officer
3$0$432,820$72,837
BUDZYNSKI JOSEPH AASST. TREASURER/ASST. SEC
Officer
3$0$340,552$108,473
NICKELL JACCI JSENIOR VICE PRESIDENT, HEALTHCARE
Key employee
3$0$257,555$93,643
SOCZYNSKI PAUL FASST. TREASURER/ASST. SEC
Officer
3$0$290,542$26,987
DESJARDINS PETER JASST. TREASURER/ASST. SEC
Officer
3$0$258,187$40,162
GAVIN NANCY AASST. SECRETARY/ASST. TRE
Officer
3$0$180,262$95,108
NISIVOCCIA DAVIDASST. TREASURER/ASST. SEC
Officer
3$0$215,519$4,998
PASKOFF DAVID WASST. TREASURER/ASST. SEC
Officer
3$0$167,386$17,712
NUTZ FAITH AASST. SECRETARY/ASST. TRE
Officer
3$0$138,895$20,965
STEPHEN OKEMWACERTIFIED NURSING ASSISTANT
Highest-paid employee
40$126,557$0$1,357
RASE NANCYCHAIRPERSON
Trustee or director, Officer
0.1$0$0$0
PERKINSDERRICKVICE CHAIR
Trustee or director, Officer
0.1$0$0$0
ERICKSON KARENTREASURER
Trustee or director, Officer
0.1$0$0$0
EDEBURN ANDYSECRETARY
Trustee or director, Officer
0.1$0$0$0
ARNOLD PATTIDIRECTOR
Trustee or director
0.1$0$0$0
BLOOM SHAWNDIRECTOR
Trustee or director
0.1$0$0$0
CARRINGTON EDWINADIRECTOR
Trustee or director
0.1$0$0$0
HACKETT KARENDIRECTOR
Trustee or director
0.1$0$0$0
KNAPP KEITHDIRECTOR
Trustee or director
0.1$0$0$0
MULLEN BETHDIRECTOR
Trustee or director
0.1$0$0$0
PETERSON JEANNEDIRECTOR
Trustee or director
0.1$0$0$0
SHERIDAN PATRICKDIRECTOR
Trustee or director
0.1$0$0$0
VIGEE VORISDIRECTOR
Trustee or director
0.1$0$0$0
VIGILANCE PIERREDIRECTOR
Trustee or director
0.1$0$0$0
990 for the year ended June 30, 2023: 28 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
KING MICHAEL WPRESIDENT
Trustee or director, Officer
3$0$596,644$175,327
WILSON GENO SHARON LASST. TREASURER/ASST. SECRETARY
Officer
3$0$329,561$152,258
BUDZYNSKI JOSEPH AASST. TREASURER/ASST. SECRETARY
Officer
3$0$319,790$98,843
KING KIMBERLY BASST. TREASURER/ASST. SECRETARY
Officer
3$0$314,949$65,001
NICKELL JACCI JCHIEF OF SENIOR LIVING SERVICES
Key employee
3$0$243,800$91,410
SOCZYNSKI PAUL FCHIEF OF COMMUNITY HEALTHCARE
Key employee
3$0$275,646$26,512
GAVIN NANCY AASST. SECRETARY/ASST. TREASURER
Officer
3$0$185,410$94,730
MOYER MILFORD WASST. SECRETARY/ASST. TREASURER
Officer
3$0$240,852$38,707
DESJARDINS PETER JASST. TREASURER/ASST. SECRETARY
Officer
3$0$239,275$38,298
PASKOFF DAVID WASST. TREASURER/ASST. SECRETARY
Officer
3$0$161,240$16,968
NUTZ FAITH AASST. SECRETARY/ASST. TREASURER
Officer
3$0$147,670$20,890
JENNIFER BENJAMINEXECUTIVE DIRECTOR
Highest-paid employee
40$116,497$0$10,723
STEPHEN OKEMWACERTIFIED NURSING ASSISTANT
Highest-paid employee
40$125,190$0$1,257
ERIC HEINSREGISTERED NURSE
Highest-paid employee
40$106,945$0$895
ARNOLDPATTICHAIRPERSON
Trustee or director, Officer
0.1$0$0$0
RASE NANCYVICE CHAIR
Trustee or director, Officer
0.1$0$0$0
BURKS JANETREASURER
Trustee or director, Officer
0.1$0$0$0
DOLAN THOMASSECRETARY
Trustee or director, Officer
0.1$0$0$0
BLOOM SHAWNDIRECTOR
Trustee or director
0.1$0$0$0
CARRINGTON EDWINADIRECTOR
Trustee or director
0.1$0$0$0
EDEBURN ANDYDIRECTOR
Trustee or director
0.1$0$0$0
ERICKSON KARENDIRECTOR
Trustee or director
0.1$0$0$0
KNAPP KEITHDIRECTOR
Trustee or director
0.1$0$0$0
MULLEN BETHDIRECTOR
Trustee or director
0.1$0$0$0
PERKINS DERRICKDIRECTOR
Trustee or director
0.1$0$0$0
PETERSON JEANNEDIRECTOR
Trustee or director
0.1$0$0$0
VIGEE VORISDIRECTOR
Trustee or director
0.1$0$0$0
VIGILANCE PIERREDIRECTOR
Trustee or director
0.1$0$0$0

Address and contacts

Address (IRS master file)
7485 OFFICE RIDGE CIR, EDEN PRAIRIE, MN 55344-3690
In care of
% JENNIFER CHRISTIANSEN PAYROLL MAN
Principal officer (990 for 2024)
JOSEPH BUDZYNSKI, 1660 DUKE STREET, ALEXANDRIA, VA 22314
Signed the 990
FAITH NUTZ, ASST.SECRETARY/ASST. TREASURER
Phone
(612) 428-7800
Return prepared by
BAKER TILLY ADVISORY GROUP LP

Mission

SEE SCHEDULE O

990 for the year ended June 30, 2025

Program accomplishments

  • THE HOMESTEAD AT ROCHESTER, INC. PROVIDES INDEPENDENT AND ASSISTED LIVING SERVICES AND NURSING AND LONG-TERM CARE SERVICES FOR SENIORS IN MINNESOTA.
    Expenses $23,403,244 · revenue $21,432,087

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 June, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025June 30, 2026November 16, 2026Not due yet
2024June 30, 2025November 17, 2025990 on file
2023June 30, 2024November 15, 2024990 on file

IRS record

EIN
30-0186547
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (509(a)(2))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
2003
Accounting year ends
June
Files
Form 990 or 990-EZ
Assets (IRS master file)
$77,915,939
Income (IRS master file)
$24,458,947

Filing history

FormYear endedRevenueExpensesAssetsReturn
990June 2025$24,458,947$24,443,397$77,915,939IRS
990June 2024$26,118,873$25,584,408$80,387,350XML
990June 2023$25,690,361$25,177,497$81,316,077XML
990June 2022$23,245,909$23,797,756$82,124,512IRS
990June 2021–––IRS
990June 2020–––IRS
990June 2019–––IRS
990June 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 30-0186547).

Questions about HOMESTEAD AT ROCHESTER INC

What is the EIN of HOMESTEAD AT ROCHESTER INC?
The employer identification number (EIN) of HOMESTEAD AT ROCHESTER INC is 30-0186547.
Is HOMESTEAD AT ROCHESTER INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2003.
Are donations to HOMESTEAD AT ROCHESTER INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does HOMESTEAD AT ROCHESTER 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 HOMESTEAD AT ROCHESTER INC due?
The return for tax year 2025 (the year ending June 30, 2026) is due November 16, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
When did HOMESTEAD AT ROCHESTER INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended June 2025.
Who is the principal officer of HOMESTEAD AT ROCHESTER INC?
The 990 for the year ended June 30, 2025 names JOSEPH BUDZYNSKI.
Who are the officers and directors of HOMESTEAD AT ROCHESTER INC?
The 990 for the year ended June 30, 2025 lists 25 people; 2 received compensation from the organization.
How much revenue does HOMESTEAD AT ROCHESTER INC have?
On its 990 for the year ended June 30, 2025 it reported revenue of $24,458,947, expenses of $24,443,397 and total assets of $77,915,939 at year end.

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