Nonprofit · EIN 31-1725017
PHM INVER GROVE INC
Tax-exempt · ROSEVILLE, MN 55113
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $12,724,663 | $9,954,022 | $2,770,641 | $42,081,749 | $22,617,279 | $19,464,470 |
| September 30, 2024 | 990 | $11,886,771 | $9,494,873 | $2,391,898 | $40,719,304 | $24,025,475 | $16,693,829 |
| September 30, 2023 | 990 | $11,325,970 | $9,294,228 | $2,031,742 | $39,910,431 | $25,608,501 | $14,301,930 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $128,817
- of which government grants
- $32,020
- Program service revenue
- $12,191,051
- Investment income
- $55,201
- Net rental income
- $7,583
- Net income from sales of inventory
- $18,175
- Other revenue
- $349,594
Expenses
- Grants and similar amounts paid
- $6,324
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $3,583,847
- Salaries, compensation and benefits (total)
- $4,234,408
- Professional fundraising fees
- $0
- Legal fees
- $6,703
- Accounting fees
- $4,896
- Occupancy
- $1,053,267
- Travel
- $10,078
- Depreciation
- $1,292,426
- Program services (functional)
- $8,287,632
- Management and general (functional)
- $1,666,390
Balance sheet and other
- Total assets, start of year
- $40,719,304
- Total assets, end of year
- $42,081,749
- Total liabilities, end of year
- $22,617,279
- Net assets, end of year
- $19,464,470
- Land, buildings and equipment
- $19,043,809
- Net assets without donor restrictions
- $19,464,470
- Gross receipts
- $12,727,818
- Employees
- 0
- Volunteers
- 180
- Year formed
- 2000
- 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 |
|---|---|---|---|---|---|
| DAN LINDH | BOARD CHAIR/CEO Trustee or director, Officer | 1 | $0 | $994,222 | $29,111 |
| MARK MEYER | SEC/TREAS/CFO Trustee or director, Officer | 1 | $0 | $499,375 | $29,211 |
| JONATHAN FLETCHER | BOARD CHAIR/CEO Trustee or director, Officer | 1 | $0 | $396,038 | $31,984 |
| REBECCA RAUEN | VP HUMAN RESOURCES | 1 | $0 | $335,241 | $4,860 |
| HEIDI PETERSON | SEC/TREASURER Trustee or director, Officer | 1 | $0 | $297,848 | $30,045 |
| MARK PEDERSON | SVP OPERATIONS Trustee or director | 1 | $0 | $299,277 | $25,661 |
| STACY CARLSRUD | CAMPUS ADMIN | 40 | $142,152 | $0 | $7,114 |
| JESSICA DAVIS | CLINICAL ADMIN | 40 | $103,118 | $0 | $25,483 |
990 for the year ended September 30, 2024: 6 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAN LINDH | BOARD CHAIR/CEO Trustee or director, Officer | 1 | $0 | $1,063,597 | $26,250 |
| MARK MEYER | SEC/TREAS/CFO Trustee or director, Officer | 1 | $0 | $479,100 | $21,646 |
| JONATHAN FLETCHER | VP DEVELOPMENT | 1 | $0 | $380,084 | $28,580 |
| MARK PEDERSON | SVP OPERATIONS Trustee or director, Officer | 1 | $0 | $273,581 | $21,854 |
| STACY CARLSRUD | CAMPUS ADMIN | 40 | $131,183 | $0 | $6,560 |
| HADAMA OUBDA | RA | 40 | $0 | $0 | $0 |
990 for the year ended September 30, 2023: 8 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DAN LINDH | BOARD CHAIR/CEO Trustee or director, Officer | 1 | $0 | $836,839 | $25,618 |
| MARK MEYER | SEC/TREAS/CFO Trustee or director, Officer | 1 | $0 | $449,215 | $29,663 |
| JONATHAN FLETCHER | VP DEVELOPMENT | 1 | $0 | $358,151 | $25,188 |
| DUANE LARSON | VP AFFILIATE BD Trustee or director, Officer | 1 | $0 | $329,917 | $21,874 |
| MARK PEDERSON STARTING 1-1-23 | SVP OPERATIONS Trustee or director, Officer | 1 | $0 | $189,597 | $22,932 |
| TERESA LARSON | SVP HUMAN RESOURCES | 1 | $0 | $153,546 | $10,011 |
| STACY CARLSRUD | CAMPUS ADMIN | 40 | $128,336 | $0 | $6,406 |
| HADAMA OUBDA | RA | 40 | $103,307 | $0 | $10,280 |
Address and contacts
- Address (IRS master file)
- 2845 HAMLINE AVE N, ROSEVILLE, MN 55113-1888
- In care of
- % GROVER C SAYRE III
- Principal officer (990 for 2024)
- JONATHAN FLETCHER, 2845 HAMLINE AVE N, ROSEVILLE, MN 55113
- Signed the 990
- HEIDI PETERSON, CFO
- Phone
- (651) 631-6162
- Website
- WWW.PRESHOMES.ORG
Mission
THE MISSION OF THE ORGANIZATION IS TO HONOR GOD BY ENRICHING THE LIVES AND TOUCHING THE HEARTS OF OLDER ADULTS.
Program accomplishments
- THE ORGANIZATION IS LOCATED IN INVER GROVE HEIGHTS, MINNESOTA. THE CAMPUS CONSISTS OF A 84 UNIT ASSISTED LIVING FACILITY WITH 18 SPECIFICALLY DESIGNED FOR MEMORY CARE RESIDENTS, A 90 UNIT INDEPENDENT SENIOR APARTMENT BUILDING, AND 67 SENIOR TOWNHOMES.Expenses $8,287,632 · grants $6,324 · revenue $12,191,051
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 15, 2027 | Not due yet |
| 2024 | September 30, 2025 | February 16, 2026 | 990 on file |
| 2023 | September 30, 2024 | February 17, 2025 | 990 on file |
IRS record
- EIN
- 31-1725017
- 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
- 2001
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22)
- Assets (IRS master file)
- $42,081,749
- Income (IRS master file)
- $12,727,818
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $12,724,663 | $9,954,022 | $42,081,749 | XML |
| 990 | September 2024 | $11,886,771 | $9,494,873 | $40,719,304 | XML |
| 990 | September 2023 | $11,325,970 | $9,294,228 | $39,910,431 | XML |
| 990 | September 2022 | $10,242,112 | $8,809,445 | $38,368,755 | IRS |
| 990 | September 2021 | – | – | – | IRS |
| 990 | September 2020 | – | – | – | IRS |
| 990 | September 2019 | – | – | – | IRS |
| 990 | September 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 31-1725017).
Questions about PHM INVER GROVE INC
- What is the EIN of PHM INVER GROVE INC?
- The employer identification number (EIN) of PHM INVER GROVE INC is 31-1725017.
- Is PHM INVER GROVE INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 2001.
- Are donations to PHM INVER GROVE INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does PHM INVER GROVE 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 PHM INVER GROVE 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 PHM INVER GROVE 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 PHM INVER GROVE INC?
- The 990 for the year ended September 30, 2025 names JONATHAN FLETCHER.
- Who are the officers and directors of PHM INVER GROVE INC?
- The 990 for the year ended September 30, 2025 lists 8 people; 2 received compensation from the organization.
- How much revenue does PHM INVER GROVE INC have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $12,724,663, expenses of $9,954,022 and total assets of $42,081,749 at year end.
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