2024-11-14T12:53:51-06:00 2023-12-31 410746749 CLIFTONLARSONALLEN LLP 121 WEST BRIDGE STREET OWATONNA MN 55060 990 2023-01-01 263789732 PARMLY LAKEVIEW INC PARM 6517664300 3530 LEXINGTON AVE SHOREVIEW MN 55126 SHELLEY KENDRICK PRESIDENT & CEO 6517664300 2024-11-13 1 0 JUSTIN HARTERT P02236744 5074467100 2024-11-07 2023 2024-10-15 13:58:12Z SHELLEY KENDRICK 3530 LEXINGTON AVE SHOREVIEW MN 55126 657974 0 9386 X WWW.ECUMEN.ORG X 2008 MN TO PROVIDE LOW INCOME HOUSING FOR THE ELDERLY AND DISABLED THROUGH A HUD-SPONSORED PROGRAM. 5 0 0 0 0 0 135 0 628994 630562 149 1213 6641 26199 635919 657974 0 0 0 0 211315 189921 0 0 0 441584 455272 652899 645193 -16980 12781 681726 636152 1986460 1928105 -1304734 -1291953 PARMLY LAKEVIEW, INC. PROVIDES LOW INCOME HOUSING FOR THE ELDERLY THROUGH A HUD-SPONSORED 60-UNIT APARTMENT COMPLEX IN CHISAGO CITY, MINNESOTA. 0 0 490153 0 630562 PARMLY LAKEVIEW, INC. PROVIDES LOW INCOME HOUSING FOR THE ELDERLY THROUGH A HUD-SPONSORED 60-UNIT APARTMENT COMPLEX IN CHISAGO CITY, MINNESOTA. IN 2023, PARMLY LAKEVIEW, INC. HAD AN OCCUPANCY RATE OF 94%. 490153 1 0 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 2 0 0 0 0 0 0 0 0 0 0 0 0 0 0 X 5 0 0 1 0 0 1 1 1 1 1 0 0 1 1 1 1 1 1 0 0 0 MN X SHELLEY KENDRICK 6517664300 3530 LEXINGTON AVE NORTH SHOREVIEW MN 55126 SHELLEY KENDRICK PRESIDENT & CEO 0.10 39.90 X X 0 490367 49805 SCOTT BJERKETVEDT SECRETARY AND TREASURER 0.10 39.90 X X 0 293673 48936 BRET ANDERSON BOARD OF TRUSTEE 0.10 39.90 X 0 293045 26862 MELLANIE SULLIVAN BOARD OF TRUSTEE 0.10 39.90 X 0 323390 16321 EMILY SOMMER ASSISTANT SECRETARY 0.10 39.90 X X 0 66743 22171 0 1467218 164095 0 0 1 0 0 RENT REVENUE 623000 616884 616884 TENANT CHARGES 623000 13678 13678 630562 1213 1213 MISCELLANEOUS REVENUE 900099 19665 19665 LAUNDRY REVENUE 900099 6534 6534 26199 657974 630562 0 27412 136233 78338 57895 6916 3376 3540 37133 29758 7375 9639 5265 4374 45963 45963 11508 11508 631 568 63 8685 7816 869 5147 4632 515 174888 156156 18732 26 26 25 25 79018 79018 89759 89759 21000 21000 CABLE TV 9818 9818 MINOR EQUIPMENT 7328 3379 3949 RESIDENT CARE SUPPLY 962 962 LICENSES AND PERMITS 285 28 257 229 229 645193 490153 155040 0 25504 866 262048 297326 597 9622 1823 4172 3638024 3351744 355164 286280 36590 37886 681726 636152 33582 32813 1471 0 27917 28625 1847703 1789004 75787 77663 1986460 1928105 X -1304734 -1291953 -1304734 -1291953 681726 636152 12781 0 X 0 1 X 1 0 X 135 135 596271 596874 615667 628994 630562 3068368 596271 596874 615667 629129 630562 3068503 0 259081 255866 253529 256721 245462 1270659 259081 255866 253529 256721 245462 1270659 1797844 619 298 136 149 1213 2415 619 298 136 149 1213 2415 6949 6581 8098 6641 26199 54468 603839 603753 623901 635919 657974 3125386 0.57520 0.57140 0.00080 0.00060 X SCHEDULE A, PART III, LINE 12, EXPLANATION OF OTHER INCOME: LAUNDRY REVENUE - 2019 AMOUNT: $ 6,949. 2020 AMOUNT: $ 6,381. 2021 AMOUNT: $ 8,098. 2022 AMOUNT: $ 6,641. 2023 AMOUNT: $ 6,534. MISCELLANEOUS REVENUE - 2020 AMOUNT: $ 200. 2023 AMOUNT: $ 19,665. 0 1 X 2213 2213 3277004 3060523 216481 253372 199494 53878 105435 91727 13708 286280 TENANT SECURITY DEPOSITS 34630 OPERATING LEASE ASSET 3256 37886 ASSET RETIREMENT OBLIGATIONS 63501 DUE TO RELATED PARTIES 4169 SPECIAL ASSESSMENT PAYABLE 6626 FINANCED LEASE PAYABLE 3367 77663 X 657974 0 657974 0 657974 645193 0 645193 0 645193 PART IV, LINE 2B: PARMLY LAKEVIEW, INC. HOLDS IN TRUST SECURITY DEPOSIT AMOUNTS RECEIVED BY TENANTS OF THE PROJECT UPON MOVE-IN. TENANT SECURITY DEPOSITS ARE MAINTAINED IN AN INTEREST-BEARING SAVINGS ACCOUNT SEPARATE FROM PARMLY LAKEVIEW, INC.'S OPERATING ACCOUNT. WITHDRAWALS ARE RESTRICTED TO REIMUBURSEMENTS OF TENANTS' SECURITY DEPOSITS. PART X, LINE 2: THE INTERNAL REVENUE SERVICE (IRS) HAS DETERMINED THAT THE ORGANIZATION IS EXEMPT FROM FEDERAL INCOME TAX UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE STATE STATUTES; ACCORDINGLY, NO PROVISION FOR INCOME TAXES HAS BEEN MADE IN THE FINANCIAL STATEMENTS. THE ORGANIZATION FOLLOWS THE ACCOUNTING STANDARDS FOR CONTINGENCIES IN EVALUATING UNCERTAIN TAX POSITIONS. THE ORGANIZATION FILES INFORMATION RETURNS AS A TAX-EXEMPT ORGANIZATION. SHOULD THAT STATUS BE CHALLENGED IN THE FUTURE, ALL YEARS SINCE INCEPTION COULD BE SUBJECT TO REVIEW BY THE IRS. 0 0 0 0 0 0 0 0 0 SHELLEY KENDRICK PRESIDENT & CEO 0 487965 0 0 0 2402 0 15000 0 34805 0 540172 0 0 SCOTT BJERKETVEDT SECRETARY AND TREASURER 0 293071 0 0 0 602 0 15077 0 33859 0 342609 0 0 MELLANIE SULLIVAN BOARD OF TRUSTEE 0 321133 0 0 0 2257 0 15351 0 970 0 339711 0 0 BRET ANDERSON BOARD OF TRUSTEE 0 292725 0 0 0 320 0 13621 0 13241 0 319907 0 0 PART I, LINE 3 THE COMPENSATION OF THE PRESIDENT & CEO IS DETERMINED BY ECUMEN, THE SOLE MEMBER. THE FOLLOWING WERE USED BY ECUMEN TO DETERMINE THE PRESIDENT & CEO'S COMPENSATION: 1. COMPENSATION COMMITTEE 2. INDEPENDENT COMPENSATION CONSULTANT 3. COMPENSATION SURVEY OR STUDY 4. APPROVAL BY THE BOARD OR COMPENSATION COMMITTEE FORM 990, PART VI, SECTION A, LINE 3 PARMLY LAKEVIEW, INC'S PARENT ORGANIZATION, ECUMEN, MANAGES THE RENTAL PROPERTY OF PARMLY LAKEVIEW, INC. AND PERFORMS VARIOUS OTHER FUNCTIONS ON PARMLY LAKEVIEW INC.'S BEHALF. FORM 990, PART VI, SECTION A, LINE 6 THE SOLE MEMBER IS ECUMEN (EIN: 41-0711588), A MINNESOTA 501(C)(3) NONPROFIT ORGANIZATION AFFILIATED WITH THE EVANGELICAL LUTHERAN CHURCH IN AMERICA. FORM 990, PART VI, SECTION A, LINE 7A EACH MEMBER OF THE BOARD OF DIRECTORS IS ELECTED BY THE BOARD OF TRUSTEES OF ECUMEN, THE SOLE MEMBER. FORM 990, PART VI, SECTION A, LINE 7B ECUMEN, THE SOLE MEMBER, MUST APPROVE ANY OF THE FOLLOWING: (A) ALL AMENDMENTS TO THE ARTICLES OF INCORPORATION AND BYLAWS OF THIS CORPORATION; (B) ALL CAPITAL BUDGETS OF THIS CORPORATION AND ALL CORPORATIONS, PARTNERSHIPS, AND OTHER LEGAL ENTITIES DIRECTLY OR INDIRECTLY CONTROLLED BY THE CORPORATION, AND ALL MAJOR CAPITAL EXPENDITURES BEFORE FUNDS ARE EXPENDED THEREFORE (FOR THESE PURPOSES A MAJOR CAPITAL EXPENDITURE SHALL BE DEFINED BY THE SOLE MEMBER'S BYLAWS THEN IN EFFECT); (C) ALL OPERATING BUDGETS OF THIS CORPORATION AND ALL CORPORATIONS, PARTNERSHIPS, AND OTHER LEGAL ENTITIES DIRECTLY OR INDIRECTLY CONTROLLED BY THIS CORPORATION, BEFORE AUTHORIZED EXPENDITURES MAY BE MADE THEREFROM; (D) STRATEGIC PLANS OF THIS CORPORATION AND ALL CORPORATIONS, PARTNERSHIPS, AND OTHER LEGAL ENTITIES DIRECTLY OR INDIRECTLY CONTROLLED BY THIS CORPORATION; (E) THE INCURRING OF ANY LONG TERM DEBT OF THIS CORPORATION AND ALL CORPORATIONS, PARTNERSHIPS, AND OTHER LEGAL ENTITIES DIRECTLY OR INDIRECTLY CONTROLLED BY THIS CORPORATION, OTHER THAN INTRA-SYSTEM OR REFINANCING DEBT; (F) ALL HUMAN RESOURCES AND BENEFITS POLICIES OF THIS CORPORATION; (G) ANY MAJOR RISK CONTRACTING AGREEMENTS, WHICH FOR THESE PURPOSES MEANS ANY CONTRACT WHICH DEALS WITH CAPITATION OR SIMILAR RISK BEARING CONCEPT; (H) ANY MERGER, CONSOLIDATION, OR TOTAL OR PARTIAL DISSOLUTION INVOLVING THIS CORPORATION; (I) THE NUMBER OF DIRECTORS OF THIS CORPORATION; AND (J) ANY GOVERNANCE AND ACTION OF THE TYPE SET FORTH IN SUBPARAGRAPH (A) AND SUBPARAGRAPHS (F) THROUGH (I) ABOVE AS PROPOSED BY THE BOARD OF DIRECTORS OF ANY CORPORATION, PARTNERSHIP OR OTHER LEGAL ENTITIES DIRECTLY CONTROLLED BY THIS CORPORATION AS A MEMBER, SHAREHOLDER OR OTHERWISE, TO THE EXTENT THAT THE GOVERNING DOCUMENTS OF SUCH CORPORATION, PARTNERSHIP OR OTHER LEGAL ENTITIES GIVE THIS CORPORATION OR THE BOARD A RIGHT OF APPROVAL OVER SUCH GOVERNANCE ACTION. WITH RESPECT TO THE FOREGOING, THE BOARD SHALL CONSULT WITH AND COOPERATE WITH ECUMEN. FINAL DECISIONS WITH RESPECT TO THE ABOVE LISTED MATTERS SHALL BE SUBJECT TO THE APPROVAL OF ECUMEN AND ITS PERSONNEL WITH THE AUTHORITY TO ACT FOR AND ON BEHALF OF ECUMEN IN CONNECTION WITH SUCH MATTERS. AS PART OF ITS FINAL APPROVAL PROCESS, ECUMEN MAY MODIFY THE CAPITAL AND OPERATING BUDGETS AND STRATEGIC PLANS OF THIS CORPORATION AS REFERRED TO IN SUBPARAGRAPHS (B) THROUGH (D) ABOVE. FORM 990, PART VI, SECTION B, LINE 11B THE FORM 990 WAS REVIEWED BY THE CEO OF ECUMEN, THE SOLE MEMBER, THEN PRESENTED TO PARMLY LAKEVIEW, INC.'S BOARD OF DIRECTORS FOR REVIEW, THEN FILED WITH THE IRS. FORM 990, PART VI, SECTION B, LINE 12C PARMLY LAKEVIEW, INC. UTILIZES ITS PARENT COMPANY, ECUMEN'S, CONFLICT OF INTEREST POLICY, AS IT DOES NOT HAVE A CONFLICT OF INTEREST POLICY OF ITS OWN. ECUMEN'S CONFLICT OF INTEREST POLICY APPLIES TO ALL TRUSTEES, OFFICERS, MANAGERS AND EMPLOYEES WHO CAN INFLUENCE THE ACTIONS OF ECUMEN, INCLUDING THOSE WHO MAKE PURCHASING DECISIONS OR WHO HAVE PROPRIETARY INFORMATION CONCERNING ECUMEN. THE CONFLICT OF INTEREST POLICY IS DISTRIBUTED TO APPLICABLE PARTIES ANNUALLY AND A SIGNED CONFLICT OF INTEREST DISCLOSURE STATEMENT IS OBTAINED. THE POLICY STATES THAT IT IS THE RESPONSIBILITY OF THE APPLICABLE PARTY TO DISCLOSE A POTENTIALLY CONFLICTING TRANSACTION BEFORE IT IS CONSUMMATED AND TO CONTINUE TO SCRUTINIZE THEIR TRANSACTIONS AND DISCLOSE POTENTIAL CONFLICTS IMMEDIATELY. THE SIGNED CONFLICT OF INTEREST DISCLOSURE STATEMENTS ARE MONITORED BY AN H.R. GENERALIST IN THE HOME OFFICE AND BY THE VP FORM 990, PART VI, SECTION B, LINE 15 ALL COMPENSATION IS DETERMINED BY ECUMEN, THE SOLE MEMBER. FORM 990, PART VI, SECTION C, LINE 19 THE ORGANIZATION MAKES ITS GOVERNING DOCUMENTS, FINANCIAL STATEMENTS, AND ECUMEN'S CONFLICT OF INTEREST POLICY AVAILABLE TO THE PUBLIC UPON REQUEST. ECUMEN 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 410711588 SENIOR & LOW-INCOME HOUSING MN 501(C)(3) LINE 10 N/A 0 BETHEL MANOR INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411773022 LOW-INCOME HOUSING MN 501(C)(3) LINE 10 ECUMEN 0 BETHEL MANOR II INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411347125 LOW-INCOME HOUSING MN 501(C)(3) LINE 10 ECUMEN 0 NEW RICHMOND SENIOR HOUSING INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411974837 LOW-INCOME HOUSING MN 501(C)(3) LINE 10 ECUMEN 0 HUBBARD COUNTY SENIOR HOUSING INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411932209 LOW-INCOME HOUSING MN 501(C)(3) LINE 10 ECUMEN 0 LAMPLIGHTER MANOR INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411772945 LOW-INCOME HOUSING MN 501(C)(3) LINE 10 ECUMEN 0 ROBBINSDALE SENIOR HOUSING INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411667830 LOW-INCOME HOUSING MN 501(C)(3) LINE 10 ECUMEN 0 WHITE BEAR LAKE SENIOR HOUSING INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411824727 LOW-INCOME HOUSING MN 501(C)(3) LINE 10 ECUMEN 0 AUGUSTANA LUTHERAN HOMES INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 410734237 LOW-INCOME HOUSING MN 501(C)(3) LINE 10 ECUMEN 0 ALEXANDRIA SENIOR HOUSING INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 311749430 LOW-INCOME HOUSING MN 501(C)(3) LINE 10 ECUMEN 0 ST FRANCIS OF ASSISI INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411427983 LOW-INCOME HOUSING MN 501(C)(3) LINE 10 ECUMEN 0 ECUMEN SERVICES INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411768508 MANAGEMENT SERVICES MN N/A C 0 BRIDGE REHABILITATION SERVICES INC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411893649 INACTIVE MN N/A C 0 DIVERSIFIED BUSINESS INSURANCE 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 411843778 INSURANCE MN N/A C 0 ONETWOONE DEVELOPMENT LLC 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 473992783 DEVELOPMENT MN N/A C 0 ZVAGO COOPERATIVE AT CENTRAL VILLAGE 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 812899630 DEVELOPMENT MN N/A C 0 ZVAGO COOPERATIVE AT LAKE SUPERIOR 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 830622475 DEVELOPMENT MN N/A C 0 ZVAGO COOPERATIVE AT STILLWATER 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 831063342 DEVELOPMENT MN N/A C 0 ZVAGO COOPERATIVE AT LONG LAKE 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 845096775 DEVELOPMENT MN N/A C 0 ECUMEN DBA THE ECUMEN STORE 3530 LEXINGTON AVENUE NORTH SHOREVIEW MN 55126 410711588 SENIOR CARE SUPPLIES SERVICES MN N/A C 0 0 0 0 0 0 0 0 0 0 0 0 0 1 0 1 1 0 0 0