2024-08-13T11:56:09-07:00 2023-09-30 990 2022-10-01 300225161 SHEPHERDS PATH SENIOR HOUSING INC SHEP 6516316162 2845 N HAMLINE AVE ROSEVILLE MN 55113 MARK MEYER CFO 2024-08-13 true 2022 2024-08-08 14:25:15Z MARK MEYER 2845 N HAMLINE AVE ROSEVILLE MN 55113 9239861 false X WWW.PRESHOMES.ORG X 2003 MN THE MISSION OF THE ORGANIZATION IS TO HONOR GOD BY ENRICHING THE LIVES AND TOUCHING THE HEARTS OF OLDER ADULTS. 3 0 0 23 0 240902 83588 8389217 8900443 -123949 24185 301576 194664 8807746 9202880 6323 6535 0 4338153 4535963 0 0 4164157 4420969 8508633 8963467 299113 239413 31064269 31394985 26991472 26652669 4072797 4742316 THE MISSION OF THE ORGANIZATION IS TO HONOR GOD BY ENRICHING THE LIVES AND TOUCHING THE HEARTS OF OLDER ADULTS. false false 7708661 6535 8900443 Shepherd's Path Senior Housing Inc. IS LOCATED IN PRIOR LAKE, MINNESOTA. THE CAMPUS CONSISTS OF 79 UNITS OF ASSISTED LIVING, 18 MEMORY CARE SPECIFIC ASSISTED LIVING UNITS AND 79 INDEPENDENT SENIOR APARTMENTS. 7708661 true true false false false false false false true false true false false true true true false true false false false false false false false false false false true true true false false false false false false false false false false false false false false false true false false false true 0 0 false 0 false false false false false false false 0 false false false false false false false X 3 0 false true false false true true false true true false false true true true true true true false false false MN X HEIDI PETERSON 6516316162 2845 N HAMLINE AVE ROSEVILLE MN 55113 DAN LINDH BOARD CHAIR/CEO 1.00 39.00 X X 0 859839 25618 MARK MEYER SEC/TREAS/CFO 1.00 39.00 X X 0 449215 29663 JONATHAN FLETCHER VP DEVELOPMENT 1.00 39.00 0 358151 25188 DUANE LARSON BRD VICE CHAIR 1.00 39.00 X 0 329917 21874 MARK PEDERSON BRD VICE CHAIR 1.00 39.00 X 0 189597 22932 TERESA LARSON SVP EMPLOYEE EXPERIENCE 1.00 39.00 0 153546 10011 2340265 135286 0 false true false PHS MANAGEMENT LLC 2845 N HAMLINE AVE ROSEVILLE MN 55113 MANAGEMENT FEE 466868 DLC CONSTRUCTION LLC 1185 CONCORD STREET N UNIT 418 SOUTH ST PAUL MN 55075 CONSTRUCTION SERVICES 202207 CROWLEY CONSTRUCTION & RESTORATION LLC 1747 SNELLING AVE N FALCON HEIGHTS MN 55113 CONSTRUCTION SERVICES 175732 SENIOR LIFESTYLE DESIGN 2823 HAMLINE AVE N ROSEVILLE MN 55113 PROCUREMENT SERVICES 171397 SCHWEITERS COMPANIES INC 13925 FENWAY BLVD N HUGO MN 55038 CONSTRUCTION SERVICES 100905 5 74016 9572 83588 RESIDENT SERVICES 623000 8900443 8900443 8900443 24185 24185 0 0 5603 5603 5603 5603 0 0 0 21718 36981 -15263 -15263 BEAUTY SHOP 446199 25679 25679 CULINARY 722210 147743 147743 OTHER RESIDENT SRVS 21673 21673 9229 9229 204324 9202880 8900443 218849 0 6535 6535 0 0 0 0 3800783 3483483 317300 64724 59321 5403 386777 354488 32289 283679 259997 23682 466868 466868 190 190 4596 4596 0 0 0 179504 176425 3079 16631 6285 10346 142607 37679 104928 91917 91917 0 571438 571438 7779 7779 0 1435 1435 770323 770323 0 1212937 1212937 110540 110540 FOOD 422127 422127 BLDG MAINT 280683 280683 MISCELLANEOUS 101710 18042 83668 MEDICAL SUPPLIES 39684 39684 0 8963467 7708661 1254806 0 0 3914388 2704498 0 169865 76139 0 0 0 0 8324 9155 37339474 12794740 23416119 24544734 0 1094856 1195970 0 364293 337959 2096424 2526530 31064269 31394985 611288 795370 20544577 19708903 4370288 4278366 1465319 1870030 26991472 26652669 X 4072797 4742316 4072797 4742316 31064269 31394985 X 239413 430106 X false true X true false X 82387 122858 818690 240902 83588 1348425 7727943 7932182 7965368 8389217 8900443 40915153 -7577 -4556 -11291 321988 -15263 283301 0 0 7802753 8050484 8772767 8952107 8968768 42546879 0 371432 420585 285270 565963 643720 2286970 371432 420585 285270 565963 643720 2286970 40259909 43699 33485 1279 -114242 29788 -5991 0 43699 33485 1279 -114242 29788 -5991 0 396934 305929 336820 7284 204324 1251291 8243386 8389898 9110866 8845149 9202880 43792179 0.91930 0.91800 0.00000 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 5824244 5824244 25419820 9761764 15658056 3504361 2660245 844116 2591049 372731 2218318 24544734 RESIDENT SECURITY DEPOSITS 270446 F SWAP MARK TO MARKET 2526530 2526530 DUE TO AFFILIATES 1870030 1870030 X Part IV, Line 2b: Explanation of escrow account liability THE ORGANIZATION HOLDS TENANT SECURITY DEPOSITS FOR ITS RESIDENTS. MONEY IS HELD IN A SEGREGATED DAMAGE DEPOSIT ACCOUNT AND EARNS INTEREST WHILE IT IS HELD. RESIDENTS RECEIVE A REFUND OF THEIR DAMAGE DEPOSIT UPON DISCHARGE, AFTER ANY DEDUCTIONS FOR NECESSARY REPAIRS AND DAMAGES.RESIDENT NOTES ARE REPORTED AS LONG TERM ASSET AND LIABILITY, RESPECTIVELY ON THE STATEMENTS OF THE FINANCIAL POSITION. THE CONTRACTS WITH THE RESIDENTS LIMIT THE TOTAL AMOUNT OF DEPOSITS THAT THE ORGANIZATION MUST RETURN AT AY ONE TIME. THE MAXIMUM AMOUNTS IS $500,000. IF AT ANY TIME THE NET AMOUNT IT HAS BEEN RETURNED TO FORMER RESIDENTS EXCEEDS THE AMOUNT THAT IT HAS RECEIVED FROM NEW TENANTS BY THE APPLICABLE MAXIMUM AMOUNT, THE ORGAIZATION IS NOT REQUIRED TO REFUND ADDITIONAL DEPOSITS UNTIL NEW DEPOSITS ARE COLLECTED BRINGING THE AMOUNT OWED UNDER MAXIMUM AMOUNT. Part X : FIN48 Footnote THE ORGANIZATION AND ITS AFFILIATES ARE GENERALLY EXEMPT FROM INCOME TAXES UNDER SECTION 501(C)(3) OF THE INTERNAL REVENUE CODE AND APPLICABLE SECTIONS OF THE STATE STATUTES; CONSEQUENTLY, NO PROVISION HAS BEEN MADE FOR INCOME TAXES. HOWEVER, THERE ARE IMMATERIAL AMOUNTS OF UNRELATED BUSINESS INCOME IN CERTAIN AFFILIATES THAT ARE TAXABLE.THE ORGANIZATION FOLLOWS THE ACCOUNTING STANDARD 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. false 0 0 SCHOLARSHIPS 3 6535 Additional Supplemental Information SCHEDULE I, PART I, LINE 2: EMPLOYED BY PHS FOR AT LEAST SIX MONTHS, WORK AN AVERAGE OF 20 HOURS A WEEK, MAINTAINED AN EXCELLENT WORK RECORD, PROOF OF ACCEPTANCE OR ENROLLMENT IN A DEGREED PROGRAM, ENDORSEMENT OF THEIR MANAGER, CAMPUS ADMINISTRATOR, AND HUMAN RESOURCES REPRESENTATIVE. false false false false false false false false false DAN LINDH BOARD CHAIR/CEO 836148 23691 14750 10868 885457 DUANE LARSON BRD VICE CHAIR 308632 21285 14750 7124 351791 JONATHAN FLETCHER VP DEVELOPMENT 351146 7005 12702 12486 383339 MARK MEYER SEC/TREAS/CFO 425562 23653 14750 14913 478878 MARK PEDERSON BRD VICE CHAIR 188833 764 8019 14913 212529 TERESA LARSON SVP EMPLOYEE EXPERIENCE 145510 8036 7695 2316 163557 A CITY OF PRIOR LAKE MINNESOTA 416005469 2016-07-28 5155000 REFINANCE OF SERIES 2006 false false false B CITY OF MAYER MN 411444213 2016-07-28 10000000 REFINANCE OF SERIES 2006 false false false C CITY OF HAMPTON MN 411232259 2016-07-28 10000000 REFINANCE OF SERIES 2006 false false false A 1116065 5155000 101892 5053109 true false true true B 2138158 10000000 197657 9802343 true false true true C 2138158 10000000 197657 9802343 true false true true A false false false false true B false false false false true C false false false false true A false false true false false false false false B false false true false false false false false C false false true false false false false false A true B true C true Form 990, Part VI, Section A, Line 3 PHS MANAGEMENT, LLC PROVIDES MANAGEMENT SERVICES FOR THE ORGANIZATION. PHS MANAGEMENT, LLC PROVIDES FINANCIAL ACCOUNTING, OPERATIONAL OVERSIGHT, HUMAN RESOURCES, INFORMATION TECHNOLOGY, CLINICAL NURSING CONSULTATION, CORPORATE COMPLIANCE, COORDINATED ADVERTISING AND MARKETING, STAFFING FOR FUND DEVELOPMENT, AND NEW BUSINESS DEVELOPMENT. Form 990, Part VI, Section A, Line 6 THE SOLE MEMBER OF THE ORGANIZATION IS PRESBYTERIAN HOMES & SERVICES. Form 990, Part VI, Section B, Line 11b THE ORGANIZATION'S 990 IS PROVIDED TO VOTING MEMBERS OF THE GOVERNING BODY PRIOR TO FILING WITH THE IRS. OFFICERS AND MANAGEMENT OF THE ORGANIZATION HAVE BEEN INVOLVED IN THE PREPARATION OF THE 990 AND HAVE REVIEWED THE 990 THROUGHOUT THE PROCESS. Form 990, Part VI, Section B, Line 12c THE ORGANIZATION OBTAINS ANNUALLY WRITTEN DISCLOSURE FROM GOVERNING BODY MEMBERS, OFFICERS AND KEY EMPLOYEES. MANAGEMENT AND OFFICERS REVIEW THESE DISCLOSURES AND EVALUATE WHETHER THE INTEREST COULD RESULT IN A CONFLICT AND THEN TAKE THE NECESSARY STEPS TO REMEDIATE ANY SUCH CONFLICT. Form 990, Part VI, Section C, Line 19 THE ORGANIZATION MAKES AVAILABLE ITS GOVERNING DOCUMENTS AND CONFLICT OF INTEREST POLICY UPON REQUEST. FINANCIAL STATEMENTS ARE AVAILABLE ON THE ORGANIZATION'S WEBSITE. Form 990, Part XI, Line 9 MARKET ADJUSTMENT = $430106 FORM 990, PART VII, SECTION A SHARING OF HOURSOFFICERS & KEY EMPLOYEES SHARE THEIR HOURS BETWEEN THE FILING ORGANIZATION AND ITS RELATED ORGANIZATIONS. Schedule R Part II Identification of Tax-Exempt Organizations Schedule R Part II Identification of Tax-Exempt Organizations SEE ATTACHMENT FOR SCH R 2845 N HAMLINE AVE ROSEVILLE MN 55113 MN N/A false false false true false false false false false false false false false true false true true false false false