2024-10-25T10:43:08-05:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 121 WEST BRIDGE STREET OWATONNA MN 55060 990 2023-01-01 411327121 LYNGBLOMSTEN APARTMENTS INC LYNG 6516462941 1415 ALMOND AVE ST PAUL MN 55108 TODD FLIFLET CFO 6516462941 2024-10-24 1 1 JUSTIN HARTERT P02236744 5074467100 2024-09-26 2023 2024-10-15 13:58:12Z JEFF HEINECKE 1415 ALMOND AVE ST PAUL MN 55108 1602621 0 9386 X WWW.LYNGBLOMSTEN.ORG X 1977 MN TO PROVIDE A MINISTRY OF COMPASSIONATE CARE AND INNOVATIVE SERVICES TO OLDER ADULTS. 5 4 0 20 0 0 71263 162092 1279835 1431638 56 258 6088 8633 1357242 1602621 0 0 0 0 500055 519742 0 0 0 1113894 1188415 1613949 1708157 -256707 -105536 2075281 1963196 4065273 4058724 -1989992 -2095528 X INFLUENCED BY CHRIST, LYNGBLOMSTEN PROVIDES A MINISTRY OF COMPASSIONATE CARE AND INNOVATIVE SERVICES TO OLDER ADULTS IN ORDER TO PRESERVE AND ENHANCE THEIR QUALITY OF LIFE. 0 1 1241316 0 1431638 THE LYNGBLOMSTEN APARTMENTS IS A HUD-SUBSIDIZED RENTAL APARTMENT BUILDING FOR PEOPLE 62 YEARS OF AGE OR OLDER WHO HAVE LOW INCOMES. IN 2023, IT SERVED 138 OLDER ADULTS. THE APARTMENTS OFFER PERSONALIZED LIVING WITHOUT THE WORRIES OF MAINTAINING A HOME. A VARIETY OF OPPORTUNITIES FOR SOCIAL ACTIVITIES ARE AVAILABLE, WHICH ARE COORDINATED BY APARTMENTS STAFF, LYNGBLOMSTEN COMMUNITY SERVICES, AND LYNGBLOMSTEN'S LIFELONG LEARNING AND THE ARTS DEPARTMENT. INVOLVED MANAGEMENT AND STAFF PROMOTE THE FEELING OF A CARING FAMILY. A SERVICE COORDINATOR ASSISTS RESIDENTS WITH FINDING APPROPRIATE SERVICES/RESOURCES, COMPLETING PAPERWORK, ETC.BRINGING PEACE OF MIND TO THE RESIDENTS AND THEIR FAMILIES. THOSE NEEDING PERSONAL OR MEDICAL CARE CAN CONTRACT FOR SERVICES THROUGH LYNGBLOMSTEN HOME HEALTH SERVICES OR THROUGH ANY AGENCY OF THEIR CHOICE.AS RESIDENTS HAVE BEEN AGING IN PLACE AND BECOMING LESS MOBILE, WE CONTINUE TO EXPLORE WAYS TO MEET THEIR INCREASED NEEDS FOR ACTIVITIES AND SUPPORT. LYNGBLOMSTEN APARTMENTS, INC., IS AFFILIATED WITH LYNGBLOMSTEN AND THE EVANGELICAL LUTHERAN CHURCH IN AMERICA. 1241316 1 1 0 0 0 0 0 0 1 0 1 0 0 1 1 1 1 1 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 0 0 1 8 0 1 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 4 0 0 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 1 0 0 MN X TODD FLIFLET 6516325311 1415 ALMOND AVENUE ST PAUL MN 55108 JEFF HEINECKE PRESIDENT & CEO 1.00 39.00 X X 0 293425 45659 DEBRA GEORGE CHAIR 1.00 5.00 X X 0 0 0 REV IVY HUSTON VICE CHAIR 1.00 5.00 X X 0 0 0 DR MARK KNUDSON TREASURER 1.00 5.00 X X 0 0 0 REV MARTIN ERICSON MAY 2023 SECRETARY 1.00 5.00 X X 0 0 0 DIANA ROCKSTAD SECRETARY 1.00 5.00 X X 0 0 0 BRADLEY J JACOBSON MAY 2023 CFO 2.00 38.00 X 0 118534 22015 TODD FLIFLET CFO 2.00 38.00 X 0 166408 46268 0 578367 113942 0 0 1 0 0 162092 162092 TENANT ASSIST PAYMENT 623000 756840 756840 APARTMENT INCOME 623000 575861 575861 ELDERLY/CONGREGATE 623000 98937 98937 1431638 258 258 LAUNDRY & VENDING 900099 8633 8633 8633 1602621 1431638 0 8891 X 413452 152002 261450 11414 4196 7218 71762 26383 45379 23114 8498 14616 45858 45858 192560 192560 4711 4711 74768 37411 37357 437357 387105 50252 34 34 326008 326008 FOOD EXPENSES 83791 83791 ELDERLY & CONG SVCS EXP 23328 23328 1708157 1241316 466841 0 58348 40088 28269 196515 28464 43275 8128477 6681450 1717754 1447027 242446 236291 2075281 1963196 70644 86400 51879 54970 3631579 3535212 311171 382142 4065273 4058724 X -1989992 -2095528 -1989992 -2095528 2075281 1963196 -105536 0 X X 0 1 X 1 1 1 X 27154 127869 71263 162092 388378 1234696 1214735 1243797 1279835 1431638 6404701 1234696 1241889 1371666 1351098 1593730 6793079 0 0 0 6793079 1715 414 101 56 258 2544 1715 414 101 56 258 2544 6696 5452 6235 6088 8633 33104 1243107 1247755 1378002 1357242 1602621 6828727 0.99480 0.99460 0.00040 0.00060 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: LAUNDRY VENDING - 2019 AMOUNT: $ 6,696. 2020 AMOUNT: $ 5,452. 2021 AMOUNT: $ 6,235. 2022 AMOUNT: $ 6,088. 2023 AMOUNT: $ 8,633. RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED 0 1 X 130000 130000 5807866 4854004 953862 178163 165445 12718 2012448 1662001 350447 1447027 RESERVE FOR REPLACEMENTS 108950 TENANT SECURITY DEPOSITS 55580 RESIDUAL RECEIPTS RESERVED 23371 ESCROW FUND 48390 236291 KEY DEPOSITS 3600 ASSET RETIREMENT OBLIGATION 221593 DUE TO RELATED PARTY 156545 CAPITAL LEASE OBLIGATION 404 382142 X 1602621 0 1602621 0 1602621 1708157 0 1708157 0 1708157 PART IV, LINE 2B: THE CORPORATION IS THE TRUSTEE OF VARIOUS TENANT FUNDS AND HAS A FIDUCIARY RESPONSIBILITY FOR THE ADMINISTRATION OF THESE FUNDS. THESE FUNDS ARE ON DEPOSIT IN SEPARATE BANK ACCOUNTS. PART X, LINE 2: THE CORPORATION HAS BEEN GRANTED EXEMPT STATUS RELATIVE TO FEDERAL AND MINNESOTA CORPORATE INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE CODES. THE CORPORATION FOLLOWS THE GUIDANCE IN THE INCOME TAX STANDARD REGARDING THE RECOGNITION AND MEASUREMENT OF UNCERTAIN TAX POSITIONS. THE GUIDANCE CLARIFIES THE ACCOUNTING FOR UNCERTAINTY IN INCOME TAXES RECOGNIZED IN AN ENTITY'S FINANCIAL STATEMENTS. THIS PRESCRIBES RECOGNITION AND MEASUREMENT OF TAX PROVISIONS TAKEN OR EXPECTED TO BE TAKEN ON A TAX RETURN THAT ARE NOT CERTAIN TO BE REALIZED. THE CORPORATION IS NOT AWARE OF ANY ACTIVITIES THAT WOULD JEOPARDIZE ITS TAX-EXEMPT STATUS. THE CORPORATION IS NOT AWARE OF ANY ACTIVITIES THAT ARE SUBJECT TO TAX ON UNRELATED BUSINESS INCOME OR EXCISE OR OTHER TAXES. 0 0 0 0 0 0 0 0 0 JEFF HEINECKE PRESIDENT & CEO 0 274307 0 7901 0 11217 0 11978 0 33681 0 339084 0 0 TODD FLIFLET CFO 0 155931 0 6014 0 4463 0 6966 0 39302 0 212676 0 0 PART 1, LINE 3 LYNGBLOMSTEN CARE CENTER, INC. PAYS THE COMPENSATION FOR THE OFFICERS AND EMPLOYEES OF THE ORGANIZATION. LYNGBLOMSTEN APARTMENTS, INC. THEN REIMBURSES LYNGBLOMSTEN CARE CENTER, INC. FOR ALL SALARIES AND BENEFIT EXPENSES. LYNGBLOMSTEN CARE CENTER, INC. USES THE FOLLOWING WHEN DETERMINING COMPENSATION FOR OFFICERS AND EMPLOYEES: (1) COMPENSATION COMMITTEE, (2) INDEPENDENT COMPENSATION CONSULTANT, (3) COMPENSATION SURVEY OR STUDY, AND (4) APPROVAL BY BOARD OF DIRECTORS OR COMPENSATION COMMITTEE. FORM 990, PART III, LINE 3 WITH THE END OF THE COVID-19 PUBLIC HEALTH EMERGENCY IN MAY 2023, THE LYNGBLOMSTEN APARTMENTS TRANSITIONED FROM A CRITICAL OPERATIONS MODEL TO A LONG-TERM, MAINTENANCE OPERATIONS MODEL. THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT (HUD) INCREASED THE MAXIMUM RENTS FOR THE LYNGBLOMSTEN APARTMENTS, BASED ON A RENT COMPARABILITY STUDY AND A PROJECT CAPITAL NEEDS ASSESSMENT. THESE STUDIES SHOWED THAT OUR RENTS WERE LOW COMPARED TO SIMILAR BUILDINGS. IN ADDITION, HUD INCREASED THE AMOUNT OF ITS REIMBURSEMENT FOR EACH APARTMENT, SO THE AMOUNT THAT RESIDENTS PAY FOR RENT DID NOT GO UP. FORM 990, PART VI, SECTION A, LINE 1A THE EXECUTIVE COMMITTEE IS MADE UP OF THE CHAIR, VICE CHAIR, TREASURER, AND SECRETARY OF THE BOARD ALONG WITH PRESIDENT/CEO OF THE CORPORATION. ALL ITEMS APPROVED BY THE EXECUTIVE COMMITTEE ARE REAFFIRMED BY THE FULL BOARD AT THEIR NEXT MEETING. FORM 990, PART VI, SECTION A, LINE 6 THE BOARD OF DIRECTORS OF LYNGBLOMSTEN ARE THE MEMBERS OF LYNGBLOMSTEN APARTMENTS, INC. FORM 990, PART VI, SECTION A, LINE 7A THE CORPORATE CONGREGATIONS SEND DELEGATES TO THE LYNGBLOMSTEN ANNUAL MEETING, WHO, AS MEMBERS OF LYNGBLOMSTEN, ELECT THE LYNGBLOMSTEN BOARD. THE LYNGBLOMSTEN' BOARD OF DIRECTORS ELECTS THE MEMBERS OF THE LYNGBLOMSTEN SENIOR HOUSING, INC. BOARD OF DIRECTORS. LYNGBLOMSTEN APARTMENT'S BOARD OF DIRECTORS CONSISTS SOLELY OF DULY ELECTED AND QUALIFIED OFFICERS OF THE BOARD OF DIRECTORS OF LYNGBLOMSTEN SENIOR HOUSING, INC. ELECTION AS AN OFFICER OF LYNGBLOMSTEN SENIOR HOUSING, INC. CONSTITUTES ELECTION AS A DIRECTOR OF LYNGBLOMSTEN APARTMENTS FOR THE SAME TERM. FORM 990, PART VI, SECTION A, LINE 7B CHANGES IN BYLAWS AND ARTICLES OF INCORPORATION MUST BE APPROVED BY THE MEMBERS. IN ADDITION, SO LONG AS HUD IS THE INSURER OR HOLDER OF THE NOTE, NO PROVISION REQUIRED BY HUD TO BE INSERTED INTO THE ORGANIZATIONAL DOCUMENTS MAY BE AMENDED WITHOUT HUD'S PRIOR WRITTEN APPROVAL. FORM 990, PART VI, SECTION B, LINE 11B THE CEO, CFO, AND CONTROLLER REVIEW THE DOCUMENT, WHICH IS EMAILED TO THE FINANCE COMMITTEE OF THE BOARD PRIOR TO THEIR MEETING FOR REVIEW AND COMMENT. THE BOARD RECEIVES THE DOCUMENT PRIOR TO THEIR BOARD MEETING BY EMAIL. PAPER COPIES ARE AVAILABLE AT THE BOARD MEETING FOR FURTHER DISCUSSION AND BOARD APPROVAL. FORM 990, PART VI, SECTION B, LINE 12C AN UPDATED CONFLICT OF INTEREST POLICY IS SIGNED BY ALL OFFICERS, DIRECTORS, AND KEY EMPLOYEES ANNUALLY. THIS POLICY IS MONITORED BY THE CORPORATE COMPLIANCE OFFICER AND IF ANY CONFLICTS OF INTERESTS EXIST THAT INDIVIDUAL IS EXCLUDED FROM PARTICIPATION AND VOTING ON RELATED TRANSACTIONS. UPON COMPLETION OF THE CONFLICT OF INTEREST STATEMENTS, THE RESULTS/CONFLICTS ARE REPORTED TO THE EXECUTIVE COMMITTEE OF THE BOARD AND RECORDED IN THEIR MINUTES. FORM 990, PART VI, SECTION B, LINE 15A THE LYNGBLOMSTEN BOARD'S EXECUTIVE COMMITTEE REVIEWS AND SETS THE CEO'S COMPENSATION ANNUALLY AND PERFORMS A COMPENSATION STUDY PERIODICALLY, LAST COMPLETED IN 2021. THE RESULTS ARE REPORTED TO THE EXECUTIVE COMMITTEE OF THE BOARD AND RECORDED IN THEIR MINUTES. FORM 990, PART VI, SECTION C, LINE 19 ALL DOCUMENTS ARE MADE AVAILABLE UPON REQUEST. FORM 990, PART IX, LINE 11G PURCHASED SERVICES: PROGRAM SERVICE EXPENSES 192,560. MANAGEMENT AND GENERAL EXPENSES 0. FUNDRAISING EXPENSES 0. TOTAL EXPENSES 192,560. FORM 990, PART XII, LINE 2C THE PROCESS FOR THE OVERSIGHT OF THE AUDIT AND SELECTION OF AN INDEPENDENT ACCOUNTANT HAS NOT CHANGED FROM THE PRIOR YEAR. HERITAGE APARTMENTS INC 1440 MIDWAY PARKWAY ST PAUL MN 55108 411913420 SENIOR HOUSING AND ASSISTED LIVING SERVICES MN 501(C)(3) LINE 10 LYNGBLOMSTEN LYNGBLOMSTEN SENIOR HOUSING INC 0 LYNGBLOMSTEN FOUNDATION 1415 ALMOND AVE ST PAUL MN 55108 363371887 COMMUNITY FUNDRAISING MN 501(C)(3) LINE 7 LYNGBLOMSTEN 0 LYNGBLOMSTEN SERVICES INC 1415 ALMOND AVE ST PAUL MN 55108 411760448 SENIOR CENTER, COMMUNITY SERVICES, HOME HEALTH MN 501(C)(3) LINE 10 LYNGBLOMSTEN 0 LYNGBLOMSTEN 1415 ALMOND AVE ST PAUL MN 55108 410693865 MANAGEMENT OVERSIGHT SERVICES TO ALL LYNGBLOMSTEN ORGANIZATIONS MN 501(C)(3) LINE 10 N/A 0 LYNGBLOMSTEN CARE CENTER INC 1415 ALMOND AVE ST PAUL MN 55108 411310487 NURSING CARE TO ELDERLY MN 501(C)(3) LINE 10 LYNGBLOMSTEN 0 LYNGBLOMSTEN SENIOR HOUSING INC 1415 ALMOND AVE ST PAUL MN 55108 411913422 MANAGEMENT OVERSIGHT SERVICES TO LYNGBLOMSTEN APTS & HERITAGE APTS MN 501(C)(3) LINE 10 LYNGBLOMSTEN 0 0 0 0 0 0 0 0 0 0 0 0 0 0 1 1 1 0 0 0