EVANGELICAL RETIREMENT HOMES INC

EIN: 420868449 501(c)(3)

EDINA, MN

Total Revenue
$11,102,706
Total Expenses
$11,254,511
Total Assets
$16,651,196
Net Assets
$1,004,658
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Financial Vulnerability Assessment (Tuckman-Chang)

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Financial Trends

Organization Details

Formation Year
1962
Legal Domicile
IA
Principal Officer
ROBERT DAHL
Phone
9528555000
Tax Period
2023-01-01 to 2023-12-31

EVANGELICAL RETIREMENT HOMES INC, founded in 1962, is a mid-sized nonprofit that reported $11.1M in total revenue in fiscal year 2023.

Mission

TO FOSTER FULLNESS OF LIFE FOR OLDER ADULTS IN THE SPIRIT OF CHRIST'S LOVE.

Program Service Accomplishments

Program 1
Expenses: $8,908,201 Revenue: $8,757,006

EVANGELICAL RETIREMENT HOMES, INC. WAS ORGANIZED FOR THE PURPOSE OF PROVIDING NURSING HOME CARE FOR THE ELDERLY. IT HAS 79 BEDS AND IS LOCATED IN DES MOINES, IOWA.

Program 2
Expenses: $956,804 Revenue: $1,355,443

EVANGELICAL RETIREMENT HOMES, INC. OPERATES TWO TYPES OF INDEPENDENT LIVING FACILITIES FOR THE ELDERLY. THE MANOR APARTMENTS IS A DETACHED INDEPENDENT LIVING BUILDING WITH 30 UNITS. THERE ARE ALSO 58...

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EVANGELICAL RETIREMENT HOMES, INC. OPERATES TWO TYPES OF INDEPENDENT LIVING FACILITIES FOR THE ELDERLY. THE MANOR APARTMENTS IS A DETACHED INDEPENDENT LIVING BUILDING WITH 30 UNITS. THERE ARE ALSO 58 COTTAGES FOR INDEPENDENT LIVING RESIDENTS.

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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 $1,168,200
Program Service Revenue $10,088,336
Investment Income $-178,805
Other Revenue $24,975
TOTAL REVENUE $11,102,706

Expense Breakdown

Grants Paid $725
Salaries & Benefits $6,444,840
Fundraising Expenses $0
Program Expenses $9,865,005
Other Expenses $4,808,946
TOTAL EXPENSES $11,254,511

Year-over-Year Comparison

2023 2022 Change
Revenue $11,102,706 $10,682,363 +0.0%
Expenses $11,254,511 $10,406,180 +0.1%
Net Income $-151,805 $276,183 -1.5%
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
5
Independent Members
5
Employees
256
Volunteers
42

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
$2,578,269
Total Directors
7
$0
Key Employees
0
$0
Highest Compensated
4
reported
Name Title Hours/Week Role Reportable Comp Other Comp Total
ROBERT DAHL PRESIDENT/CEO 0.97
Officer
$0 $108,350 $728,206
MATTHEW KERN CHIEF OPERATING OFFICER 0.97
Officer
$0 $109,481 $442,057
KATHY YOUNGQUIST CHIEF FINANCIAL OFFICER 0.97
Officer
$0 $79,279 $416,436
KATHY KOPP CHIEF STRATEGIC OFFICER 0.97
Officer
$0 $88,142 $368,733
ANGELA BROWN CHIEF HUMAN RESOURCE OFFICER 0.97
Officer
$0 $68,177 $313,835
SHARON WILSON CHIEF CLINICAL AND COMPLIANCE OFFICER 0.97
Officer
$0 $48,520 $309,002
PAUL MUNGAI CERTIFIED NURSING ASSISTANT 101.71
Highest
$176,415 $7,653 $184,068
STEPHANIE PROPER ADMINISTRATOR 40
Highest
$115,326 $27,362 $142,688
MARY ZILM REGISTERED NURSE 44.99
Highest
$127,149 $11,190 $138,339
JUNETTE AKIA REGISTERED NURSE 41.7
Highest
$108,282 $66 $108,348
NIKKI WEBER DANIELS CHAIR AND DIRECTOR 0.25
Officer Director
$0 $0 $0
PATRICK NUSS VICE CHAIR & DIRECTOR 0.25
Officer Director
$0 $0 $0
PAUL ANDERSON SECRETARY/TREASURER AND DIRECTOR 0.25
Officer Director
$0 $0 $0
MICHAEL ADERINKOMI DIRECTOR 0.25
Director
$0 $0 $0
LORES VLAMINCK DIRECTOR 0.25
Director
$0 $0 $0
STANN LEFF CHAIR & DIRECTOR (THRU MARCH) 0.25
Officer Director
$0 $0 $0
DOCTOR GUY TANGEDAHL DIRECTOR (THRU JUNE) 0.25
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 No data No data No data No data
2023 $11,102,706 $11,254,511 $16,651,196 $-151,805
2022 $10,682,363 $10,406,180 $16,594,910 $276,183
2021 $10,166,714 $9,333,740 $16,494,150 $832,974
2020 $9,206,053 $8,843,851 $16,943,088 $362,202
2019 $8,909,864 $8,999,045 $17,712,122 $-89,181
2018 $8,424,109 $9,034,806 $17,798,168 $-610,697
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