Nonprofit · EIN 31-1626065
RICHFIELD SENIOR HOUSING INC
Tax-exempt · RICHFIELD, MN 55423
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $5,809,230 | $5,697,695 | $111,535 | $14,037,716 | $17,872,865 | -$3,835,149 |
| September 30, 2024 | 990 | $5,560,657 | $5,520,869 | $39,788 | $14,131,098 | $18,017,782 | -$3,886,684 |
| September 30, 2023 | 990 | $4,822,280 | $5,226,130 | -$403,850 | $14,129,255 | $18,105,726 | -$3,976,471 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $10,776
- of which government grants
- $10,776
- Program service revenue
- $5,649,224
- Investment income
- $33,442
- Net rental income
- $10,243
- Net income from sales of inventory
- $2,881
- Other revenue
- $115,788
Expenses
- Grants and similar amounts paid
- $6,580
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $2,393,300
- Salaries, compensation and benefits (total)
- $2,840,949
- Professional fundraising fees
- $0
- Accounting fees
- $25,460
- Occupancy
- $372,240
- Travel
- $21,331
- Depreciation
- $557,952
- Program services (functional)
- $4,706,204
- Management and general (functional)
- $991,491
Balance sheet and other
- Total assets, start of year
- $14,131,098
- Total assets, end of year
- $14,037,716
- Total liabilities, end of year
- $17,872,865
- Net assets, end of year
- -$3,835,149
- Land, buildings and equipment
- $10,591,194
- Net assets without donor restrictions
- -$3,835,149
- Gross receipts
- $5,819,906
- Employees
- 118
- Volunteers
- 5
- Year formed
- 1998
- 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.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DENYSE ETHRIDGE | EXECUTIVE DIRECTOR & COO | 1 | $0 | $166,726 | $9,621 |
| CHRIS SCHMIDT | VP FINANCE | 1 | $0 | $145,483 | $17,598 |
| JON FLETCHER | President Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| MARK MEYER | Treasurer & CFO Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| JOHN BERGESON | Secretary Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| TAMARA TASCHE | BOARD CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| DUANE LARSON | BD VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
990 for the year ended September 30, 2024: 7 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DENYSE ETHRIDGE | EXECUTIVE DIRECTOR & COO | 1 | $0 | $180,475 | $17,610 |
| CHRIS SCHMIDT | VP FINANCE | 1 | $0 | $143,417 | $14,784 |
| DAN LINDH | President Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| MARK MEYER | Treasurer & CFO Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| JOHN BERGESON | Secretary Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| TAMARA TASCHE | BOARD CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| DUANE LARSON | BD VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
990 for the year ended September 30, 2023: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DENYSE ETHRIDGE | EXECUTIVE DIRECTOR & COO | 1 | $0 | $184,509 | $21,144 |
| CHRIS SCHMIDT | VP FINANCE | 1 | $0 | $148,760 | $16,479 |
| KAREN CASPER-ROBENSON | HOUSING DIRECTOR | 40 | $115,129 | $0 | $11,783 |
| DAN LINDH | President Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| MARK MEYER | Treasurer & CFO Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| JOHN BERGESON | Secretary Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| TAMARA TASCHE | BOARD CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| DUANE LARSON | BD VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 7645 LYNDALE AVE S STE 110, RICHFIELD, MN 55423-6008
- Principal officer (990 for 2024)
- HEIDI PETERSON
- Signed the 990
- HEIDI PETERSON, Treasurer & CFO
- Phone
- (612) 861-2799
- Website
- WWW.PRESHOMES.ORG
Mission
CARE FOR THE ELDERLY
Program accomplishments
- RICHFIELD SENIOR HOUSING, INC. PROVIDES HOUSING WITH SERVICES TO PERSONS AGE 55 AND OLDER. FOR THOSE TENANTS REQUIRING GREATER LEVELS OF CARE, ASSISTED LIVING SERVICES ARE AVAILABLE.SERVICES THAT ARE PROVIDED FREE OF CHARGE IN INDEPENDENT LIVING INCLUDE ACTIVITIES PROGRAM, A FITNESS PROGRAM, TRANSPORTATION TO MEDICAL APPOINTMENTS, OUTINGS AND SHOPPING, STAFFING 24/7 AND CHAPLAINCY.SERVICES THAT ARE AVAILABLE IN INDEPENDENT LIVING AT AN ADDITIONAL COST INCLUDE MEALS, HOUSEKEEPING, BEAUTY/BARBER SHOP, AND UNDERGROUND HEATED PARKING. THERE ARE ALSO TWO LAUNDRY ROOMS ON EACH FLOOR.Expenses $4,706,204 · revenue $5,819,906
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 year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | September 30, 2026 | February 16, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 17, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 18, 2025 | 990 on file |
IRS record
- EIN
- 31-1626065
- 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
- 1999
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22)
- Assets (IRS master file)
- $14,037,716
- Income (IRS master file)
- $5,819,906
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $5,809,230 | $5,697,695 | $14,037,716 | XML |
| 990 | September 2024 | $5,560,657 | $5,520,869 | $14,131,098 | XML |
| 990 | September 2023 | $4,822,280 | $5,226,130 | $14,129,255 | XML |
| 990 | September 2022 | $4,454,353 | $5,099,480 | $14,462,156 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 2018 | – | – | – | IRS |
| 990 | September 2017 | – | – | – | 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 31-1626065).
Questions about RICHFIELD SENIOR HOUSING INC
- What is the EIN of RICHFIELD SENIOR HOUSING INC?
- The employer identification number (EIN) of RICHFIELD SENIOR HOUSING INC is 31-1626065.
- Is RICHFIELD SENIOR HOUSING INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1999.
- Are donations to RICHFIELD SENIOR HOUSING INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does RICHFIELD SENIOR HOUSING 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 RICHFIELD SENIOR HOUSING INC due?
- The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did RICHFIELD SENIOR HOUSING 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 RICHFIELD SENIOR HOUSING INC?
- The 990 for the year ended September 30, 2025 names HEIDI PETERSON.
- Who are the officers and directors of RICHFIELD SENIOR HOUSING INC?
- The 990 for the year ended September 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does RICHFIELD SENIOR HOUSING INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $5,809,230, expenses of $5,697,695 and total assets of $14,037,716 at year end.
Other nonprofits in RICHFIELD
- SHOREVIEW SENIOR RESIDENCE EIN 41-1812410 · last filed 990 for 2025
- WESTRIDGE SENIOR HOUSING INC EIN 31-1522545 · last filed 990 for 2025
- MILL POND GABLES SENIOR LIVING LLC EIN 47-5425470 · last filed 990 for 2025
- L W FRASER INDEPENDENT LIVING PROJECT INC EIN 36-3364065 · last filed 990 for 2024
- LIFEWORKS SERVICES INC EIN 41-0907857 · last filed 990 for 2025
- FRASER CHILD AND FAMILY CENTER EIN 41-1781580 · last filed 990 for 2024
- FRASER EIN 41-0781858 · last filed 990 for 2024
- BEST BUY FOUNDATION EIN 41-1784382 · last filed 990-PF for 2025
All nonprofits in RICHFIELD · Minnesota · Housing and shelter