2024-08-13T09:45:08-07:00 2023-09-30 990 2022-10-01 411671887 GIDEON POND WEST INC GIDE 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 536669 false X WWW.PRESHOMES.ORG X 1990 MN THE MISSION OF THE ORGANIZATION IS TO HONOR GOD BY ENRICHING THE LIVES AND TOUCHING THE HEARTS OF OLDER ADULTS. 3 0 0 0 0 517752 532855 -120 459 5248 3355 522880 536669 0 0 125334 125334 0 0 424597 419425 549931 544759 -27051 -8090 1899487 1851193 2545347 2505145 -645860 -653952 THE MISSION OF THE ORGANIZATION IS TO HONOR GOD BY ENRICHING THE LIVES AND TOUCHING THE HEARTS OF OLDER ADULTS. false false 383770 532855 GIDEON POND WEST, INC. OPERATES A 51 UNIT LOW INCOME SENIOR APARTMENT BUILDING IN BLOOMINGTON, MINNESOTA. 383770 true false 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 false true 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 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 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 2317265 135286 0 false true false 0 0 RESIDENT SERVICES 623000 532855 532855 532855 459 459 0 0 0 0 0 0 0 MISCELLANEOUS INCOME 900099 3355 3355 3355 536669 532855 3814 0 0 0 0 0 0 125334 50784 74550 0 0 0 31971 31971 0 9492 9492 0 0 0 0 165 165 14628 14628 4905 4905 0 89216 89216 0 0 0 81119 81119 0 92109 92109 22179 22179 BLDG MAINT 70542 70542 MISCELLANEOUS 3099 3099 0 544759 383770 160989 0 0 156048 215741 0 81043 54229 0 0 0 0 1739 1913 2759957 1308080 1538735 1451877 0 83958 96152 0 37964 31281 0 1899487 1851193 72170 123908 21107 20310 1998269 1952293 453801 408634 2545347 2505145 X -645860 -653952 -645860 -653952 1899487 1851193 X -8090 -2 X false true X true false X 0 499276 517058 507782 517752 532855 2574723 0 0 0 499276 517058 507782 517752 532855 2574723 0 11639 10957 11717 20722 27201 82236 11639 10957 11717 20722 27201 82236 2492487 109 67 -120 -120 459 395 0 109 67 -120 -120 459 395 0 4707 6010 3439 5248 3355 22759 504092 523135 511101 522880 536669 2597877 0.95940 0.95620 0.00020 X false true X 230000 230000 1795318 1178055 617263 86135 24822 61313 648504 105203 543301 1451877 96152 DUE TO AFFILIATES 408633 Rounding 1 408634 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. 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 false false false false false false false false DAN LINDH BOARD CHAIR/CEO 813148 23691 14750 10868 862457 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 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 Rounding = -$2 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 false false false false false false false false false false false false true true false false false