Nonprofit · EIN 41-1627417
L W FRASER INDEPENDENT LIVING PROJECT II INC
Tax-exempt · RICHFIELD, MN 55423
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $396,640 | $349,445 | $47,195 | $633,731 | $1,161,001 | -$527,270 |
| December 31, 2023 | 990 | $372,937 | $358,083 | $14,854 | $629,666 | $1,204,131 | -$574,465 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $394,842
- Investment income
- $146
- Other revenue
- $1,652
Expenses
- Grants and similar amounts paid
- $0
- Salaries, compensation and benefits (total)
- $0
- Professional fundraising fees
- $0
- Accounting fees
- $16,920
- Occupancy
- $48,021
- Depreciation
- $41,717
- Program services (functional)
- $286,585
- Management and general (functional)
- $62,860
Balance sheet and other
- Total assets, start of year
- $629,666
- Total assets, end of year
- $633,731
- Total liabilities, end of year
- $1,161,001
- Net assets, end of year
- -$527,270
- Land, buildings and equipment
- $369,337
- Gross receipts
- $396,640
- Employees
- 0
- Volunteers
- 5
- Year formed
- 1988
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DIANE CROSS | CEO/SECRETARY Trustee or director, Officer | 0.1 | $1,298 | $540,112 | $24,357 |
| JAMES OLSON | CFO Officer | 0.1 | $704 | $292,647 | $7,359 |
| ELIF MCCAIN | CHIEF ADMINISTRATIVE OFFICER Highest-paid employee | 0 | $0 | $190,846 | $20,122 |
| KIMBERLY KLEIN | DIRECTOR OF NEUROPSYCHOLOGY Highest-paid employee | 0 | $0 | $182,117 | $10,469 |
| PATRICIA PULICE | CHIEF CLINICAL OFFICER Highest-paid employee | 0 | $0 | $180,646 | $4,523 |
| MATT CHIODO | VP OF INFORMATION TECHNOLOGY Highest-paid employee | 0.1 | $376 | $156,755 | $17,752 |
| NANCY BALDRICA | CHIEF MARKETING & DEVELOPMENT OFFICER Highest-paid employee | 0.1 | $399 | $165,779 | $3,017 |
| RICK FERRIS | BOARD CHAIR Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| RANDY PATTEE | VICE CHAIR/TREASURER Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| DR ARMANTINA ESPINOSA | VICE CHAIR Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| DR KRISHNAN SUBRAHMANIAN | VICE CHAIR Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| GRETCHEN CUDAK | VICE CHAIR Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| KEITH KLEIN | FORMER BOARD CHAIR Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| PETER ROBB | FORMER VICE CHAIR/TREASURER Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 12 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| DIANE CROSS | CEO/SECRETARY/VICE CHAIR Trustee or director, Officer | 0.1 | $1,166 | $451,071 | $22,806 |
| JAMES OLSON | CFO Officer | 0.1 | $669 | $258,785 | $7,496 |
| ELIF MCCAIN | CHIEF ADMINISTRATIVE OFFICER Highest-paid employee | 0 | $0 | $160,148 | $19,297 |
| KIMBERLY KLEIN | DIRECTOR OF NEUROPSYCHOLOGY Highest-paid employee | 0 | $0 | $168,970 | $9,401 |
| PATRICIA PULICE | VP OF CLINICAL QUALITY Highest-paid employee | 0 | $0 | $171,519 | $4,367 |
| MATT CHIODO | VP OF INFORMATION TECHNOLOGY Highest-paid employee | 0.1 | $389 | $150,593 | $15,829 |
| NANCY BALDRICA | CHIEF MARKETING OFFICER Highest-paid employee | 0.1 | $408 | $157,636 | $2,840 |
| PETER ROBB | VICE CHAIR/TREASURER Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| DR ARMANTINA ESPINOSA | BOARD MEMBER Trustee or director | 0.1 | $0 | $0 | $0 |
| KEITH KLEIN | BOARD CHAIR Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| RICK FERRIS | VICE CHAIR Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
| RANDY PATTEE | VICE CHAIR Trustee or director, Officer | 0.1 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 2400 W 64TH ST, RICHFIELD, MN 55423-1001
- Principal officer (990 for 2024)
- DIANE S CROSS, 2400 WEST 64TH STREET, RICHFIELD, MN 55423
- Signed the 990
- DIANE S CROSS, CEO
- Phone
- (612) 861-1688
- Website
- WWW.FRASER.ORG
- Return prepared by
- BOULAY PLLP
Mission
TO OPERATE AN APARTMENT COMPLEX FOR PERSONS WITH DEVELOPMENTAL DISABILITIES AND VERY LOW INCOME IN BLOOMINGTON, MINNESOTA, AS HUD PROJECT NO. 092-11228.
Program accomplishments
- SUBSIDIZED APARTMENT BUILDING PROGRAM SERVING HIGH FUNCTIONING ADULTS WITH DEVELOPMENTAL DISABILITIES LIVING IN THIRTY APARTMENT UNITS.Expenses $286,585 · revenue $396,494
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 41-1627417
- 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
- 1989
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Assets (IRS master file)
- $633,731
- Income (IRS master file)
- $396,640
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $396,640 | $349,445 | $633,731 | XML |
| 990 | December 2023 | $372,937 | $358,083 | $629,666 | XML |
| 990 | December 2022 | $363,580 | $370,490 | $650,841 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2019 | – | – | – | IRS |
| 990 | December 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 41-1627417).
Questions about L W FRASER INDEPENDENT LIVING PROJECT II INC
- What is the EIN of L W FRASER INDEPENDENT LIVING PROJECT II INC?
- The employer identification number (EIN) of L W FRASER INDEPENDENT LIVING PROJECT II INC is 41-1627417.
- Is L W FRASER INDEPENDENT LIVING PROJECT II INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
- Are donations to L W FRASER INDEPENDENT LIVING PROJECT II INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does L W FRASER INDEPENDENT LIVING PROJECT II 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 L W FRASER INDEPENDENT LIVING PROJECT II INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did L W FRASER INDEPENDENT LIVING PROJECT II INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of L W FRASER INDEPENDENT LIVING PROJECT II INC?
- The 990 for the year ended December 31, 2024 names DIANE S CROSS.
- Who are the officers and directors of L W FRASER INDEPENDENT LIVING PROJECT II INC?
- The 990 for the year ended December 31, 2024 lists 14 people; 4 received compensation from the organization, the highest $1,298 (DIANE CROSS, CEO/SECRETARY).
- How much revenue does L W FRASER INDEPENDENT LIVING PROJECT II INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $396,640, expenses of $349,445 and total assets of $633,731 at year end.
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