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Nonprofit · EIN 41-1542976

EVANS PARK INC

Tax-exempt · ELK RIVER, MN 55330

Financials

$19.8M$21.1M2022$22.1M$22.2M2023$23.9M$22.8M2024
Revenue Expenses · by fiscal year end
Financials of EVANS PARK INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$23,925,102$22,832,281$1,092,821$38,206,389$40,596,331-$2,389,942
September 30, 2024990$22,114,285$22,211,353-$97,068$37,971,118$41,465,933-$3,494,815
September 30, 2023990$19,831,175$21,103,907-$1,272,732$39,163,143$42,744,276-$3,581,133
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$99,832
of which government grants
$77,917
Program service revenue
$21,188,719
Investment income
$261,228
Net gain from sales of assets
-$5,581
Net income from sales of inventory
$13,063
Other revenue
$2,375,323

Expenses

Grants and similar amounts paid
$1,677,201
Other salaries and wages
$9,642,175
Salaries, compensation and benefits (total)
$11,667,130
Professional fundraising fees
$0
Legal fees
$9,302
Accounting fees
$24,797
Occupancy
$1,355,053
Travel
$35,178
Depreciation
$1,953,930
Program services (functional)
$19,532,108
Management and general (functional)
$3,300,173

Balance sheet and other

Total assets, start of year
$37,971,118
Total assets, end of year
$38,206,389
Total liabilities, end of year
$40,596,331
Net assets, end of year
-$2,389,942
Land, buildings and equipment
$30,142,082
Net assets without donor restrictions
-$2,389,942
Gross receipts
$23,950,623
Employees
0
Volunteers
91
Year formed
1985
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
TRACI LARSONPRESIDENT/CEO
Officer
1$0$427,238$18,462
TROY HANSONCFO
Officer
1$0$284,116$38,146
LINDA M KRIEGERCHAIR
Trustee or director, Officer
1$0$0$0
JOYCE LECLAIREVICE CHAIR
Trustee or director, Officer
1$0$0$0
LYNN SCHULERSECRETARY/TREASURER
Trustee or director, Officer
1$0$0$0
DUSTIN CAMPBELLDIRECTOR
Trustee or director
1$0$0$0
BILL HUDSONDIRECTOR
Trustee or director
1$0$0$0
TRISHA MOWRYDIRECTOR
Trustee or director
1$0$0$0
JOANIE NICHOLS THRU DEC 24DIRECTOR
Trustee or director
1$0$0$0
EMILY SCHROEDERDIRECTOR
Trustee or director
1$0$0$0
GORDY VETSCHDIRECTOR
Trustee or director
1$0$0$0
GAIL WEBERDIRECTOR
Trustee or director
1$0$0$0
NICK ZERWASDIRECTOR
Trustee or director
1$0$0$0
SANDRA MOOREDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended September 30, 2024: 15 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
TRACI LARSONPRESIDENT/CEO
Officer
1$0$366,683$18,462
TROY HANSONCFO
Officer
1$0$254,936$33,865
LINDA M KRIEGERCHAIR
Trustee or director, Officer
1$0$0$0
JOYCE LECLAIREVICE CHAIR
Trustee or director, Officer
1$0$0$0
LYNN SCHULERSECRETARY/TREASURER
Trustee or director, Officer
1$0$0$0
DUSTIN CAMPBELLDIRECTOR
Trustee or director
1$0$0$0
DARYL HERRMANNDIRECTOR (THRU DEC 2023)
Trustee or director
1$0$0$0
BILL HUDSONDIRECTOR
Trustee or director
1$0$0$0
TRISHA MOWRYDIRECTOR
Trustee or director
1$0$0$0
JOANIE NICHOLSDIRECTOR
Trustee or director
1$0$0$0
EMILY SCHROEDERDIRECTOR
Trustee or director
1$0$0$0
ARLO SCHULTZDIRECTOR (THRU DEC 2023)
Trustee or director
1$0$0$0
GORDY VETSCHDIRECTOR
Trustee or director
1$0$0$0
GAIL WEBERDIRECTOR
Trustee or director
1$0$0$0
NICK ZERWASDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended September 30, 2023: 21 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
TROY HANSONVICE PRESIDENT/CFO
Officer
1$0$241,416$34,388
TRACI LARSONPRESIDENT/CEO
Officer
1$0$243,170$4,611
DANIEL DIXONFORMER OFFICER
Former
1$0$117,635$11,386
LINDA M KRIEGERCHAIR
Trustee or director, Officer
1$0$0$0
DARYL HERRMANNVICE CHAIR AND DIRECTOR
Trustee or director, Officer
1$0$0$0
JOYCE LECLAIREDIRECTOR AND VICE CHAIR
Trustee or director, Officer
1$0$0$0
CHARLENE SHEETSSECRETARY/TREASURER (THRU DEC 2022)
Trustee or director, Officer
1$0$0$0
LYNN SCHULERDIRECTOR AND SECRETARY/TREASURER
Trustee or director, Officer
1$0$0$0
DUSTIN CAMPBELLDIRECTOR
Trustee or director
1$0$0$0
BILL HUDSONDIRECTOR
Trustee or director
1$0$0$0
TRISHA MOWRYDIRECTOR
Trustee or director
1$0$0$0
JEFF NAGORSKIDIRECTOR (THRU DEC 2022)
Trustee or director
1$0$0$0
JOANIE NICHOLSDIRECTOR
Trustee or director
1$0$0$0
JULIE RAITZDIRECTOR (THRU DEC 2022)
Trustee or director
1$0$0$0
CHRIS ROBINSONDIRECTOR (THRU DEC 2022)
Trustee or director
1$0$0$0
NANCY ROSCOE LLOYDDIRECTOR (THRU DEC 2022)
Trustee or director
1$0$0$0
EMILY SCHROEDERDIRECTOR
Trustee or director
1$0$0$0
ARLO SCHULTZDIRECTOR
Trustee or director
1$0$0$0
GORDY VETSCHDIRECTOR
Trustee or director
1$0$0$0
GAIL WEBERDIRECTOR
Trustee or director
1$0$0$0
NICK ZERWASDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
508 FREEPORT AVE NW STE A, ELK RIVER, MN 55330-1874
Principal officer (990 for 2024)
TERESA LARSON, 508 FREEPORT AVENUE NW SUITE A, ELK RIVER, MN 55330
Signed the 990
TROY M HANSON, CFO
Phone
(763) 241-4445
Return prepared by
CLIFTONLARSONALLEN LLP

Mission

PROVISION OF HOUSING AND SERVICES FOR ELDERLY AND HANDICAPPED PEOPLE THROUGH THE OPERATION OF A 36-UNIT APARTMENT COMPLEX, A 90-UNIT ASSISTED LIVING FACILITY IN ELK RIVER, A 63-UNIT ASSISTED LIVING IN ALBERTVILLE, AND A 142-UNIT BUILDING IN OTSEGO. THE FACILITIES ARE SPECIALLY DESIGNED TO MEET THE PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS OF THE RESIDENTS AND TO CONTRIBUTE TO THEIR HEALTH, SECURITY AND HAPPINESS.

990 for the year ended September 30, 2025

Program accomplishments

  • PROVISION OF HOUSING AND SERVICES FOR ELDERLY AND HANDICAPPED PEOPLE THROUGH THE OPERATION OF A 36-UNIT APARTMENT COMPLEX, A 90-UNIT ASSISTED LIVING FACILITY IN ELK RIVER, A 63-UNIT ASSISTED LIVING IN ALBERTVILLE, AND A 142-UNIT BUILDING IN OTSEGO. THE FACILITIES ARE SPECIALLY DESIGNED TO MEET THE PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS OF THE RESIDENTS AND TO CONTRIBUTE TO THEIR HEALTH, SECURITY AND HAPPINESS.
    Expenses $19,532,108 · grants $1,677,201 · revenue $21,188,719

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
41-1542976
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
1987
Accounting year ends
September
Files
Form 990 or 990-EZ
Assets (IRS master file)
$38,206,389
Income (IRS master file)
$23,950,623

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$23,925,102$22,832,281$38,206,389XML
990September 2024$22,114,285$22,211,353$37,971,118XML
990September 2023$19,831,175$21,103,907$39,163,143XML
990September 2022$17,184,966$17,003,906$41,311,566IRS
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 41-1542976).

Questions about EVANS PARK INC

What is the EIN of EVANS PARK INC?
The employer identification number (EIN) of EVANS PARK INC is 41-1542976.
Is EVANS PARK INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1987.
Are donations to EVANS PARK INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does EVANS PARK 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 EVANS PARK 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 EVANS PARK 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 EVANS PARK INC?
The 990 for the year ended September 30, 2025 names TERESA LARSON.
Who are the officers and directors of EVANS PARK INC?
The 990 for the year ended September 30, 2025 lists 14 people; 0 received compensation from the organization.
How much revenue does EVANS PARK INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $23,925,102, expenses of $22,832,281 and total assets of $38,206,389 at year end.

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