Nonprofit · EIN 41-1812410
SHOREVIEW SENIOR RESIDENCE
Tax-exempt · RICHFIELD, MN 55423
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| September 30, 2025 | 990 | $1,731,825 | $1,709,701 | $22,124 | $4,026,205 | $4,474,064 | -$447,859 |
| September 30, 2024 | 990 | $1,753,404 | $1,754,483 | -$1,079 | $3,981,470 | $4,451,453 | -$469,983 |
| September 30, 2023 | 990 | $2,322,221 | $1,960,902 | $361,319 | $4,184,371 | $4,653,275 | -$468,904 |
Financial details: 990 for the year ended September 30, 2025
Revenue
- Contributions, gifts and grants
- $216,418
- Program service revenue
- $1,490,995
- Investment income
- $7,540
- Net rental income
- $8,210
- Other revenue
- $16,872
Expenses
- Grants and similar amounts paid
- $0
- Compensation of officers, directors and key employees
- $0
- Other salaries and wages
- $291,375
- Salaries, compensation and benefits (total)
- $340,270
- Professional fundraising fees
- $0
- Legal fees
- $1,400
- Accounting fees
- $8,560
- Occupancy
- $446,483
- Travel
- $1,650
- Depreciation
- $297,956
- Program services (functional)
- $1,180,038
- Management and general (functional)
- $529,663
Balance sheet and other
- Total assets, start of year
- $3,981,470
- Total assets, end of year
- $4,026,205
- Total liabilities, end of year
- $4,474,064
- Net assets, end of year
- -$447,859
- Land, buildings and equipment
- $3,312,562
- Net assets without donor restrictions
- -$447,859
- Gross receipts
- $1,731,825
- Employees
- 13
- Volunteers
- 5
- Year formed
- 1995
- 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: 8 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 |
| DON SABLE | HOUSING DIRECTOR | 40 | $112,370 | $0 | $0 |
| 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: 7 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 |
| 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
- In care of
- % KRISTI A OLSON
- 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
- SHOREVIEW SENIOR RESIDENCE PROVIDES HOUSING WITH SERVICES TO PERSONS AGE 55 AND OLDER. SERVICES THAT ARE PROVIDED FREE OF CHARGE INCLUDE AN ACTIVITIES PROGRAM, A FITNESS PROGRAM, TRANSPORTATION TO MEDICAL APPOINTMENTS, OUTINGS AND SHOPPING, A PASTORAL NURSE, STAFFING 24/7 AND CHAPLAINCY. SERVICES THAT ARE AVAILABLE IN INDEPENDENT LIVING AT AN ADDITIONAL COST INCLUDE MEALS, BEAUTY/BARBER SHOP, A GUEST SUITE, AND UNDERGROUND HEATED PARKING. THERE ARE ALSO TWO LAUNDRY ROOMS ON EACH FLOOR.Expenses $1,180,038 · revenue $1,731,825
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
- 41-1812410
- 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
- 1996
- Accounting year ends
- September
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22)
- Assets (IRS master file)
- $4,026,205
- Income (IRS master file)
- $1,731,825
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | September 2025 | $1,731,825 | $1,709,701 | $4,026,205 | XML |
| 990 | September 2024 | $1,753,404 | $1,754,483 | $3,981,470 | XML |
| 990 | September 2023 | $2,322,221 | $1,960,902 | $4,184,371 | XML |
| 990 | September 2022 | $2,223,861 | $1,935,655 | $4,276,009 | 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 41-1812410).
Questions about SHOREVIEW SENIOR RESIDENCE
- What is the EIN of SHOREVIEW SENIOR RESIDENCE?
- The employer identification number (EIN) of SHOREVIEW SENIOR RESIDENCE is 41-1812410.
- Is SHOREVIEW SENIOR RESIDENCE tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1996.
- Are donations to SHOREVIEW SENIOR RESIDENCE tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SHOREVIEW SENIOR RESIDENCE 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 SHOREVIEW SENIOR RESIDENCE 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 SHOREVIEW SENIOR RESIDENCE 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 SHOREVIEW SENIOR RESIDENCE?
- The 990 for the year ended September 30, 2025 names HEIDI PETERSON.
- Who are the officers and directors of SHOREVIEW SENIOR RESIDENCE?
- The 990 for the year ended September 30, 2025 lists 7 people; 0 received compensation from the organization.
- How much revenue does SHOREVIEW SENIOR RESIDENCE have?
- On its 990 for the year ended September 30, 2025 it reported revenue of $1,731,825, expenses of $1,709,701 and total assets of $4,026,205 at year end.
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All nonprofits in RICHFIELD · Minnesota · Housing and shelter