LAKE RIDGE CARE CENTER OF BUFFALO INC

EIN: 200507069 501(c)(3) Housing & Shelter

EDINA, MN

Total Revenue
$11,005,375
Total Expenses
$9,944,336
Total Assets
$6,558,236
Net Assets
$4,399,963
🔒

Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

Sign in with your work email to view Tuckman-Chang indicators

Sign In — Free (10 views/day)

Financial Trends

Organization Details

Formation Year
2003
Legal Domicile
MN
Principal Officer
MATTHEW KERN
Phone
9528555000
Tax Period
2024-01-01 to 2024-12-31

LAKE RIDGE CARE CENTER OF BUFFALO INC, founded in 2003, is a mid-sized nonprofit in the Housing & Shelter sector that reported $11.0M in total revenue in fiscal year 2024. Revenue grew 18% year-over-year, indicating healthy expansion. Expenses of $9.9M left a modest 10% surplus.

Mission

TO PROVIDE HEALTH CARE, HOUSING, AND COMMUNITY SERVICES FOR THE ELDERLY.

🔒

Trantor Score

Financial Health Score (300–850) · Liquidity · Solvency · Sustainability · Efficiency

Sign in to view Trantor Score and financial metrics

Liquidity (40%) • Solvency (30%) • Sustainability (20%) • Efficiency (10%)

Sign In — Free (10 views/day)

Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $512,152
Program Service Revenue $10,419,093
Investment Income $51,165
Other Revenue $22,965
TOTAL REVENUE $11,005,375

Expense Breakdown

Grants Paid $8,250
Salaries & Benefits $6,268,500
Fundraising Expenses $0
Program Expenses $8,548,991
Other Expenses $3,667,586
TOTAL EXPENSES $9,944,336

Year-over-Year Comparison

2024 2023 Change
Revenue $11,005,375 $9,349,179 +0.2%
Expenses $9,944,336 $9,442,985 +0.1%
Net Income $1,061,039 $-93,806 -12.3%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
🔒

Financial Health Indicators

Comprehensive financial analysis: Altman Z-Score, liquidity, solvency, sustainability, efficiency, and growth metrics

Financial Distress Indicator

Liquidity & Cash Position

Sign in to view all financial metrics

Altman Z-Score • Liquidity Ratios • Solvency Analysis • Growth Indicators • Efficiency Metrics

Sign In

Governance

Voting Members
5
Independent Members
5
Employees
238
Volunteers
11

Governance Policies

✓ Conflict of Interest Policy
✓ Whistleblower Policy
✓ Document Retention Policy

Special Practices & Reported Activities

✗ Operated a School
✗ Operated a Hospital
✗ Provided First Class Travel
✗ Reported Conflict of Interest
✗ Reported Asset Diversion
✗ Excess Benefit Transaction
✗ Made Political Expenditures
✗ Engaged in Lobbying
✗ Operated Donor Advised Fund
✗ Maintained Art Collections
✗ Filed Form 720

Compensation of Officers, Directors & Key Employees

Total Officers
10
$3,036,003
Total Directors
6
$0
Key Employees
0
$0
Highest Compensated
3
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT DAHL PRESIDENT/CEO 0.92
Officer
$0 $137,532 $822,196
KATHY YOUNGQUIST CHIEF FINANCIAL OFFICER 0.92
Officer
$0 $96,215 $584,006
MATTHEW KERN CHIEF OPERATING OFFICER 0.92
Officer
$0 $103,563 $487,527
KATHY KOPP CHIEF STRATEGIC OFFICER 0.92
Officer
$0 $105,002 $437,591
ANGELA BROWN CHIEF HUMAN RESOURCE OFFICER 0.92
Officer
$0 $83,403 $364,082
SHARON WILSON CHIEF CLINICAL AND COMPLIANCE OFFICER 0.92
Officer
$0 $62,508 $340,601
ANGELA NYAMBURI ADMINISTRATOR 40
Highest
$129,191 $28,336 $157,527
JILL EBELING REGISTERED NURSE 40.95
Highest
$109,096 $624 $109,720
CARI BACKES LPN 42.75
Highest
$103,541 $4,256 $107,797
NIKKI WEBER DANIELS CHAIR AND DIRECTOR 0.25
Officer Director
$0 $0 $0
MICHAEL ADERINKOMI VICE CHAIR AND DIRECTOR 0.25
Officer Director
$0 $0 $0
JON ADDINGTON SECRETARY AND DIRECTOR 0.25
Officer Director
$0 $0 $0
PATRICK NUSS DIRECTOR 0.25
Director
$0 $0 $0
LORES VLAMINCK DIRECTOR 0.25
Director
$0 $0 $0
PAUL ANDERSON SECRETARY/TREASURER AND DIRECTOR (THRU MAR) 0.25
Officer Director
$0 $0 $0
Note: Compensation data is self-reported by the organization on their Form 990. "Reportable Comp" includes salary, bonuses, and other reportable compensation from the organization and related organizations. "Other Comp" includes benefits, deferred compensation, and non-taxable benefits.

Historical Data

Year Revenue Expenses Assets Net Income
2024 $11,005,375 $9,944,336 $6,558,236 $1,061,039
2023 $9,349,179 $9,442,985 $5,768,813 $-93,806
2022 $7,743,262 $8,056,233 $5,416,086 $-312,971
2021 $8,578,567 $7,664,715 $5,864,010 $913,852
2020 $7,614,146 $7,802,817 $5,345,393 $-188,671
Explore More Nonprofits
→Top 100 Nonprofits in Minnesota →Largest U.S. Nonprofits →Best Rated Nonprofits →Most Efficient Nonprofits

Compare LAKE RIDGE CARE CENTER OF BUFFALO INC with other nonprofits in Minnesota and across the country.

We Value Your Privacy
We use cookies and similar technologies to analyze site traffic and improve your experience. By clicking "Accept All", you consent to our use of cookies for analytics and measurement.