EQUITY SERVICES OF ST PAUL INC

EIN: 363412770 501(c)(3) Health Care

SAINT PAUL, MN

Total Revenue
$1,506,136
Total Expenses
$1,789,539
Total Assets
$1,638,418
Net Assets
$1,598,104
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Financial Trends

Organization Details

Formation Year
1985
Legal Domicile
MN
Principal Officer
IAN WIERSMA
Phone
6514894656
Tax Period
2024-01-01 to 2024-12-31

EQUITY SERVICES OF ST PAUL INC, founded in 1985, is a community nonprofit in the Health Care sector that reported $1.5M in total revenue in fiscal year 2024. Expenses of $1.8M exceeded revenue, resulting in a 19% operating deficit.

Mission

TO PROVIDE HIGH QUALITY HOME BASED HEALTH CARE AND SUPPORT THE COMMUNITY BY ACTIVELY SEEKING, PROMOTING, AND MAINTAINING THE HEALTH AND WELL-BEING OF CLIENTS AND COMMUNITY.MORE SPECIFICALLY, IT IS THE PURPOSE OF EQUITY SERVICES OF ST. PAUL, INC. TO PROVIDE SHORT TERM AND LONG TERM HOME HEALTH CARE SERVICES FOR ELDERLY AND DISABLED CLIENTS. FURTHER, IT IS THE PURPOSE OF EQUITY SERVICES OF ST. PAUL, INC. TO PROMOTE AND SUPPORT THE NORTH END COMMUNITY IN ST. PAUL, MINNESOTA.

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Trantor Score

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

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

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Financial Overview (2024)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $1,504,442
Investment Income $38,619
Other Revenue $-36,925
TOTAL REVENUE $1,506,136

Expense Breakdown

Grants Paid $14,250
Salaries & Benefits $1,456,807
Fundraising Expenses $0
Program Expenses $960,767
Other Expenses $318,482
TOTAL EXPENSES $1,789,539

Year-over-Year Comparison

2024 2023 Change
Revenue $1,506,136 $1,417,592 +0.1%
Expenses $1,789,539 $1,883,132 0.0%
Net Income $-283,403 $-465,540 -0.4%
Key Indicators
Grants to Organizations Grants to Individuals Lobbying Political Activity Foreign Activities Donor Advised Fund Schedule B Required
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Liquidity & Cash Position

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Governance

Voting Members
3
Independent Members
3
Employees
38
Volunteers
3

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
3
$231,519
Total Directors
3
$231,519
Key Employees
0
$0
Highest Compensated
1
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ALISHA JASINSKI CO-CHAIR 40.00
Officer Director
$179,519 $0 $179,519
GARY MEYER BOARD CHAIR 0.15
Officer Director
$0 $0 $0
IAN WIERSMA SECRETARY/TREASURER 20.00
Officer Director
$52,000 $0 $52,000
ANNA FIESER EMPLOYEE 40.00
Highest
$122,440 $0 $122,440
JON WIERSMA SECRETARY/TREASURER 35.00
$150,000 $0 $150,000
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 $1,506,136 $1,789,539 $1,638,418 $-283,403
2023 $1,417,592 $1,883,132 $1,939,732 $-465,540
2022 $1,639,446 $1,932,256 $2,411,484 $-292,810
2021 $2,215,006 $2,103,255 $2,695,168 $111,751
2020 $2,073,326 $2,049,666 $2,861,034 $23,660
2019 $1,598,305 $1,790,337 $2,594,049 $-192,032
2018 $2,247,143 $2,186,445 $2,786,628 $60,698
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