2024-08-13T14:35:14-07:00 2023-09-30 990 2022-10-01 510171801 CASTLE RIDGE CARE CENTER INC DBA FLAGSTONE CAST 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 19905108 false X WWW.PRESHOMES.ORG X 1970 MN THE MISSION OF THE ORGANIZATION IS TO HONOR GOD BY ENRICHING THE LIVES AND TOUCHING THE HEARTS OF OLDER ADULTS. 3 0 0 64 0 5256971 850913 13717660 18679082 1569 19951 263536 339160 19239736 19889106 6050 27638 0 8032502 9104398 0 0 10923060 11829294 18961612 20961330 278124 -1072224 111127364 108126373 111360683 109431916 -233319 -1305543 THE MISSION OF THE ORGANIZATION IS TO HONOR GOD BY ENRICHING THE LIVES AND TOUCHING THE HEARTS OF OLDER ADULTS. false false 18713446 27638 18679082 CASTLE RIDGE CARE CENTER, INC. OPERATES A 72 BED SKILLED NURSING FACILITY, 58 ASSISTED LIVING APARTMENTS WITH 18 SPECIFIC FOR MEMORY LOSS AND 148 INDEPENDENT LIVING APARTMENTS IN EDEN PRAIRIE, MINNESOTA. 18713446 true true false false false false false false true false true true false false 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 true 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 836839 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 VP AFFILIATE BD 1.00 39.00 X 0 329917 21874 MARK PEDERSON SVP OPERATIONS 1.00 39.00 X 0 189597 22932 TERESA LARSON SVP HUMAN RESOURCES 1.00 39.00 0 153546 10011 SAMUEL ONGERI TMA 40.00 0.00 134337 0 16364 MOLLY PAHL CAMPUS ADMIN 40.00 0.00 119110 0 15056 HYE SOOK KO RN 40.00 0.00 118484 0 5431 OBED ONDARA LPN 10.00 0.00 105271 0 11439 AMABELLE EQUIO CLINICAL ADMIN 40.00 0.00 102937 0 10061 580139 2317265 193637 5 false true false PHS MANAGEMENT LLC 2845 N HAMLINE AVE ROSEVILLE MN 55113 MANAGEMENT FEE 762395 1 593652 257094 167 850913 RESIDENT SERVICES 623000 18679082 18679082 18679082 19851 19851 0 0 24739 4244 20495 20495 20495 100 100 100 100 0 0 11616 11758 -142 -142 BEAUTY SHOP INCOME 446199 36045 36045 CULINARY INCOME 722210 154796 154796 OTHER RESIDENT SRVC 623000 92486 92486 35480 35480 318807 19889106 18679082 359111 0 27638 27638 0 0 0 0 7730768 7154770 575998 143014 132358 10656 654390 605633 48757 576226 533293 42933 762395 762395 0 8275 8275 0 0 0 339617 338591 1026 162636 13634 149002 149651 61858 87793 166675 166675 0 1698156 1622807 75349 11362 11362 0 2707 2707 3298119 3298119 0 3321641 3321641 225016 225016 CULINARY 655260 655260 BLDG MAINT 392171 392171 MEDICAL SUPPLIES 317966 317966 MA SURCHARGE 168900 168900 148747 54738 94009 20961330 18713446 2247884 0 0 10061237 8509165 0 1098173 815671 0 0 0 0 26992 28445 97423284 6487152 93990232 90936132 0 3607172 5571243 0 2343558 2265717 0 111127364 108126373 3463289 3108806 82855000 79780000 11890480 12948202 13151914 13594908 111360683 109431916 X -233319 -1305543 -233319 -1305543 111127364 108126373 -1072224 X false true X true false X 1009 133420 555484 5256971 850913 6797797 6827284 6971791 6349105 13717660 18679082 52544922 -352918 -158531 11027 44590 -455832 0 0 6475375 6946680 6904589 18985658 19574585 58886887 0 1245454 1041902 2287356 1245454 1041902 2287356 56599531 42432 50758 14741 11547 11616 131094 0 42432 50758 14741 11547 11616 131094 0 49634 36041 104534 247790 318805 756804 6567441 7033479 7023864 19244995 19905006 59774785 0.94690 0.91530 0.00220 0.00330 X RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED RESTRICTED false true X 1079709 1079709 88194311 5033496 83160815 1590564 158393 1432171 6558700 1295263 5263437 90936132 5571243 DUE TO AFFILIATES 13594907 Rounding 1 13594908 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 AMOUNT 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. true 0 0 SCHOLARSHIPS 28 27638 FMV Additional Supplemental Information SCHEDULE I, PART I, LINE 2: INDIVIDUAL SCHOLARSHIP RECIPIENTS MUST BE EMPLOYED BY PHS FOR AT LEAST SIX MONTHS, WORK AN AVERAGE OF 10 HOURS A WEEK, MAINTAIN AN EXCELLENT WORK RECORD, PROVIDE PROOF OF ACCEPTANCE OR ENROLLMENT IN A DEGREED PROGRAM, RECEIVE THE ENDORSEMENT OF THEIR MANAGER, CAMPUS ADMINISTRATOR, AND BY THEIR HUMAN RESOURCES REPRESENTATIVE. false false false false false false false false false DAN LINDH BOARD CHAIR/CEO 813148 23691 14750 10868 862457 DUANE LARSON VP AFFILIATE BD 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 SVP OPERATIONS 188833 764 8019 14913 212529 SAMUEL ONGERI TMA 134337 5496 10868 150701 TERESA LARSON SVP HUMAN RESOURCES 145510 8036 7695 2316 163557 A PUBLIC FINANCE AUTHORITY 273866124 74442PMG7 2019-10-24 100250000 CONSTRUCTION false false false A 19825000 99605000 2336274 2411926 93819678 1075000 645000 false false false true A false false false false true A false true false false false false false true A true Part VI PART IV LINE 2C: 8/27/2018 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 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 CASTLE RIDGE APARTMENTS LLC 2845 N HAMLINE AVE ROSEVILLE MN 55113 201724106 HOUSING MN YES 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 false false true true false false false