PARK VIEW CARE CENTER

EIN: 410855707 501(c)(3)

EDINA, MN

Total Revenue
$15,662,520
Total Expenses
$14,490,260
Total Assets
$6,925,322
Net Assets
$4,858,212
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Financial Vulnerability Assessment (Tuckman-Chang)

4 risk indicators measuring financial stability and operational resilience

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Financial Trends

Organization Details

Formation Year
1963
Legal Domicile
MN
Principal Officer
MATTHEW KERN
Phone
9528555000
Tax Period
2024-01-01 to 2024-12-31

PARK VIEW CARE CENTER, founded in 1963, is a mid-sized nonprofit that reported $15.7M in total revenue in fiscal year 2024. Expenses of $14.5M left a modest 7% surplus.

Mission

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

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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 $672,660
Program Service Revenue $14,963,339
Investment Income $21,840
Other Revenue $4,681
TOTAL REVENUE $15,662,520

Expense Breakdown

Grants Paid $9,640
Salaries & Benefits $9,805,976
Fundraising Expenses $0
Program Expenses $12,683,802
Other Expenses $4,674,644
TOTAL EXPENSES $14,490,260

Year-over-Year Comparison

2024 2023 Change
Revenue $15,662,520 $14,522,116 +0.1%
Expenses $14,490,260 $13,246,160 +0.1%
Net Income $1,172,260 $1,275,956 -0.1%
Key Indicators
✗ Grants to Organizations ✓ Grants to Individuals ✗ Lobbying ✗ Political Activity ✗ Foreign Activities ✗ Donor Advised Fund ✓ Schedule B Required
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Financial Health Indicators

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

Financial Distress Indicator

Liquidity & Cash Position

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

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Governance

Voting Members
5
Independent Members
5
Employees
285
Volunteers
91

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
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT DAHL PRESIDENT/CEO 1.32
Officer
$0 $137,532 $822,196
KATHY YOUNGQUIST CHIEF FINANCIAL OFFICER 1.32
Officer
$0 $96,215 $584,006
MATTHEW KERN CHIEF OPERATING OFFICER 1.32
Officer
$0 $103,563 $487,527
KATHY KOPP CHIEF STRATEGIC OFFICER 1.32
Officer
$0 $105,002 $437,591
ANGELA BROWN CHIEF HUMAN RESOURCE OFFICER 1.32
Officer
$0 $83,403 $364,082
SHARON WILSON CHIEF CLINICAL AND COMPLIANCE OFFICER 1.32
Officer
$0 $62,508 $340,601
MATHEW BEDARD ADMINISTRATOR 40
Highest
$154,495 $45,803 $200,298
CARRIE JUENKE DIRECTOR OF NURSING 38.62
Highest
$112,603 $35,002 $147,605
KENNEDY OMARE LPN 51
Highest
$127,467 $339 $127,806
KATHY ANDERSON NURSE MANAGER RN 39.38
Highest
$119,015 $5,411 $124,426
KELLY BEAUMASTER LPN 46.11
Highest
$103,281 $15,161 $118,442
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 $15,662,520 $14,490,260 $6,925,322 $1,172,260
2023 $14,522,116 $13,246,160 $6,222,209 $1,275,956
2022 $13,490,044 $13,720,612 $5,135,448 $-230,568
2021 $14,459,289 $13,729,716 $5,154,079 $729,573
2020 $13,207,045 $13,607,806 $5,747,041 $-400,761
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