Epiphany Senior Citizens Housing Corp

EIN: 411703162 501(c)(3) Housing & Shelter

Coon Rapids, MN

Total Revenue
$6,579,487
Total Expenses
$5,814,752
Total Assets
$14,899,560
Net Assets
$8,044,827
🔒

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
1981
Legal Domicile
MN
Principal Officer
Kristann Yocum
Phone
7637550320
Tax Period
2023-01-01 to 2023-12-31

Epiphany Senior Citizens Housing Corp, founded in 1981, is a community nonprofit in the Housing & Shelter sector that reported $6.6M in total revenue in fiscal year 2023. Revenue surged 22% from the prior year, signaling strong growth momentum. Expenses of $5.8M left a modest 12% surplus.

Mission

To provide affordable, high quality housing and services which will respect and enhance the lives of residents who are making the transition to senior housing and assisted living. Our values include honesty, integrity, and providing excellent, responsive and courteous services to residents in a faith-based community.

Program Service Accomplishments

Program 1
Expenses: $1,347,173 Revenue: $1,636,704

Epiphany Senior Citizens Housing Corporation (ESCHC) owns and operates living units located in Coon Rapids, MN. Epiphany Pines provides a rental assistance grant program to assist those unable to...

Read more

Epiphany Senior Citizens Housing Corporation (ESCHC) owns and operates living units located in Coon Rapids, MN. Epiphany Pines provides a rental assistance grant program to assist those unable to continue to pay their rent without hardship. Epiphany Pines is located next to a wildlife refuge and nature ponds. There is an outdoor patio and gazebo for residents to enjoy the beauty and tranquility. Epiphany Pines offers several common areas which give opportunity for indoor, relaxed socialization. The apartments range from 604 to 1,105 square feet, designed to meet all residents' budget and lifestyle. Amenities offered include 24-hour security system, emergency response system, scheduled activities and entertainment, transportation for scheduled shopping.

Program 2
Expenses: $3,663,868 Revenue: $4,451,299

ESCHC's wholly owned subsidiary, Epiphany Assisted Living, LLC (EAL), owns and operates a 52-unit assisted living and 23-unit memory care-unit complex located on the same campus as Epiphany Pines...

Read more

ESCHC's wholly owned subsidiary, Epiphany Assisted Living, LLC (EAL), owns and operates a 52-unit assisted living and 23-unit memory care-unit complex located on the same campus as Epiphany Pines. The federal government program, Medicaid, is accepted at a discounted rate for those unable to pay for their services. The Minnesota program, Elderly Waiver, pays rent, at a discount, for those unable to pay their rent. EAL offers a wide range of services in a homelike setting where privacy is respected, and independence is supported. Services are planned with each resident to reflect personal needs and choices. Residents and their guests can visit in any of the several gathering rooms, and reserve our community room for special occasions.

🔒

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 (2023)

Revenue Breakdown

Contributions & Grants $200,935
Program Service Revenue $6,088,003
Investment Income $290,549
Other Revenue $0
TOTAL REVENUE $6,579,487

Expense Breakdown

Grants Paid $1,500
Salaries & Benefits $3,416,842
Fundraising Expenses $0
Program Expenses $5,011,041
Other Expenses $2,396,410
TOTAL EXPENSES $5,814,752

Year-over-Year Comparison

2023 2022 Change
Revenue $6,579,487 $5,388,603 +0.2%
Expenses $5,814,752 $5,030,578 +0.2%
Net Income $764,735 $358,025 +1.1%
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
14
Independent Members
14
Employees
121
Volunteers
15

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
6
$186,794
Total Directors
15
$0
Key Employees
0
$0
Highest Compensated
0
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
Art Coates President 5.00
Officer Director
$0 $0 $0
Nick Combs Vice President 5.00
Officer Director
$0 $0 $0
David Kassing thru 113023 Finance 5.00
Officer Director
$0 $0 $0
Ed Bock Secretary 5.00
Officer Director
$0 $0 $0
Dr Rick Bertie Director 1.00
Director
$0 $0 $0
Lori Clark Director 1.00
Director
$0 $0 $0
Maxine Hogan Director 1.00
Director
$0 $0 $0
Dr John Loes Director 1.00
Director
$0 $0 $0
Denis Plankers Director 1.00
Director
$0 $0 $0
John Awalt Director 1.00
Director
$0 $0 $0
Terry Betthauser Director 1.00
Director
$0 $0 $0
Mark Hapka Director 1.00
Director
$0 $0 $0
Tom Kopachek Director 1.00
Director
$0 $0 $0
Barry Wills Director 1.00
Director
$0 $0 $0
Susan Carlson Since 12523 Director 1.00
Director
$0 $0 $0
Caroline LaCoursiere Executive Director 40.00
Officer
$95,976 $12,129 $108,105
Kelsey Marin Finance Manager 40.00
Officer
$68,768 $9,921 $78,689
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 No data No data No data No data
2023 $6,579,487 $5,814,752 $14,899,560 $764,735
2022 $5,388,603 $5,030,578 $14,607,924 $358,025
2021 $5,459,574 $4,413,411 $15,750,166 $1,046,163
2020 $5,265,942 $4,604,966 $15,644,281 $660,976
2019 $5,566,931 $4,724,845 $14,868,067 $842,086
2018 $5,558,220 $4,561,566 $14,314,219 $996,654
Explore More Nonprofits
Top 100 Nonprofits in Minnesota Largest U.S. Nonprofits Best Rated Nonprofits Most Efficient Nonprofits

Compare Epiphany Senior Citizens Housing Corp with other nonprofits in Minnesota and across the country.