PARK RIDGE HOUSING

EIN: 411826735 501(c)(3) Unknown

MORRIS, MN

Total Revenue
$169,709
Total Expenses
$203,859
Total Assets
$961,646
Net Assets
$818,395
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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
1995
Legal Domicile
MN
Principal Officer
CAROL RAW
Phone
3205892004
Tax Period
2023-01-01 to 2023-12-31

PARK RIDGE HOUSING, founded in 1995, is a small nonprofit in the Unknown sector that reported $170K in total revenue in fiscal year 2023. Revenue fell 33% from the prior year — a significant decline worth monitoring. Expenses of $204K exceeded revenue, resulting in a 20% operating deficit.

Mission

PROVIDE ELDERLY & DISABLED PERSONS WITH HOUSING FACILITIES AND SERVICES.

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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 (2023)

Revenue Breakdown

Contributions & Grants $0
Program Service Revenue $158,783
Investment Income $90
Other Revenue $10,836
TOTAL REVENUE $169,709

Expense Breakdown

Grants Paid $0
Salaries & Benefits $31,481
Fundraising Expenses $0
Program Expenses $121,874
Other Expenses $172,378
TOTAL EXPENSES $203,859

Year-over-Year Comparison

2023 2022 Change
Revenue $169,709 $253,174 -0.3%
Expenses $203,859 $195,318 +0.0%
Net Income $-34,150 $57,856 -1.6%
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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Governance

Voting Members
13
Independent Members
13
Employees
N/A
Volunteers
N/A

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
4
$782,322
Total Directors
13
$0
Key Employees
0
$0
Highest Compensated
5
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
FATHER TODD PATRICK SCHNEIDER DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER ANN GOODNOUGH CHAIR 1.00
Director
$0 $0 $0
PATRICK GARY NELSON VICE CHAIR 1.00
Director
$0 $0 $0
LORRAINE ANN WIESE SECR./TRES. 1.00
Director
$0 $0 $0
DANIEL LEE DRIPPS DIRECTOR 1.00
Director
$0 $0 $0
TAMELA JEAN SPERR DIRECTOR 1.00
Director
$0 $0 $0
PAUL JOSEPH LETENDRE DIRECTOR 1.00
Director
$0 $0 $0
JENNIFER JEANNE SEALES DIRECTOR 1.00
Director
$0 $0 $0
JOAN ELLEN REICOSKY DIRECTOR 1.00
Director
$0 $0 $0
PAUL JAMES RENTZ DIRECTOR 1.00
Director
$0 $0 $0
JOHN HENRY LUETMER DIRECTOR 1.00
Director
$0 $0 $0
TIMOTHY CHRIS GRAMM DIRECTOR 1.00
Director
$0 $0 $0
DOUGLAS WILLIAM EHLERS DIRECTOR 1.00
Director
$0 $0 $0
CAROL RAW CEO 1.00
Officer
$0 $33,130 $351,847
CURTIS BACH CFO 0.00
Officer
$0 $0 $0
BARBARA BEACHAM NURSE MANAGE 0.00
Highest
$0 $16,016 $118,807
JILL ARNOLD DIRECTOR OF 0.00
Highest
$0 $20,772 $126,040
APRIL STERLING DIRECTOR OF 0.00
Highest
$0 $22,307 $126,937
AUTUMN HERZOG NURSING HOME 0.00
Highest
$0 $26,281 $135,912
STACY BERNARD NH ADMINISTR 0.00
Highest
$0 $23,000 $138,645
WAGNER SHERRY CONTROLLER I 0.00
Officer
$0 $6,837 $142,942
GERALD PIZINGER CEO - THREE 1.00
Officer
$0 $40,031 $287,533
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 $169,709 $203,859 $961,646 $-34,150
2022 $253,174 $195,318 $911,068 $57,856
2021 $153,309 $183,924 $826,258 $-30,615
2020 $161,949 $184,085 $948,030 $-22,136
2019 $154,141 $160,802 $894,396 $-6,661
2018 $138,454 $165,838 $881,086 $-27,384
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