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Presbyterian Homes Foundation

Organization summary

Type of Nonprofit

Designated as a Organizations for any of the following purposes: religious, educational, charitable, scientific, literary, testing for public safety, fostering national or international amateur sports competition (as long as it doesn't provide athletic facilities or equipment), or the prevention of cruelty to children or animals.

Category: Human Services — Multipurpose and Other / Fund Raising and/or Fund Distribution (NTEE)

Donations to this organization are tax deductible.

Summary charts: organization finances over time

Revenue
$9.1M (2023)

Expenses
$7.35M (2023)

Total Assets
$81.5M (2023)

Total Liabilities
$16.4M (2023)

Source: Form 990 tax filings from 2011 to 2023

Tax Filings by Year

Form 990 is an information return that most organizations claiming federal tax-exempt status must file yearly with the IRS. Nonprofit Explorer has IRS digitized Form 990 data for filings processed in 2012 and later. If this organization filed an amended return, it may not be reflected below. Duplicate download links may indicate a resubmission or amendment to this organization's original return. Form 990 data is from the IRS.

Fiscal Year Ending Sept.
2023

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,097,701
Expenses
$7,353,429
Net Income
$1,744,272
Net Assets
$65,097,933
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,005,449
33.0%
Program Services $0
Investment Income $6,092,252
67.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $81,539,619
Total Liabilities $16,441,686
Net Assets $65,097,933
Compensation
Key Employees and Officers Compensation Related Other
Daniel Lindh (Ceo & Board Chair) $0 $836,839 $25,618
Mark Meyer (Cfo & Secretary/Treasurer) $0 $449,215 $29,663
Duane Larson (Svp Operations & Vice Chair Thru 12/2022) $0 $329,917 $21,874
Mark Pederson (Svp Operations & Vice Chair) $0 $189,597 $22,932
Jonathan Fletcher (Vp Of Development) $0 $358,151 $25,188
Teresa Larson (Svp Human Resources) $0 $153,546 $10,011

Document Links

Fiscal Year Ending Sept.
2022

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$5,256,330
Expenses
$7,787,500
Net Income
-$2,531,170
Net Assets
$59,760,246
Notable Sources of Revenue Percent of Total Revenue
Contributions $5,256,330
100%
Program Services $0
Investment Income $0
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $76,348,913
Total Liabilities $16,588,667
Net Assets $59,760,246
Compensation
Key Employees and Officers Compensation Related Other
Daniel Lindh (Ceo) $0 $919,741 $23,937
Mark Meyer (Cfo) $0 $445,702 $27,414
Jonathan Fletcher (Vp Of Development) $0 $347,973 $20,328
Duane Larson (Svp Operations) $0 $323,989 $27,414
Teresa Larson (Svp Human Resources) $0 $323,848 $19,541

Document Links

Fiscal Year Ending Sept.
2021

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,725,550
Expenses
$6,876,875
Net Income
$12,848,675
Net Assets
$77,051,273
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,250,485
21.5%
Program Services $0
Investment Income $15,475,065
78.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $93,078,808
Total Liabilities $16,027,535
Net Assets $77,051,273
Compensation
Key Employees and Officers Compensation Related Other
Daniel Lindh (Ceo) $0 $907,103 $23,520
Mark Meyer (Cfo) $0 $442,068 $26,889
Duane Larson (Svp Operations) $0 $315,866 $26,889
Jonathan Fletcher (Vp Of Development) $0 $329,215 $19,912
Teresa Larson (Svp Human Resources) $0 $324,499 $19,241

Document Links

Fiscal Year Ending Sept.
2020

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,363,373
Expenses
$10,697,120
Net Income
-$1,333,747
Net Assets
$64,202,598
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,346,782
67.8%
Program Services $0
Investment Income $3,016,591
32.2%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $80,496,740
Total Liabilities $16,294,142
Net Assets $64,202,598
Compensation
Key Employees and Officers Compensation Related Other
Daniel Lindh (Ceo) $0 $898,680 $23,795
Mark Meyer (Cfo) $0 $434,244 $27,331
Jonathan Fletcher (Vp Of Development) $0 $326,768 $15,893
Teresa Larson (Svp Human Resources) $0 $312,117 $19,162
Duane Larson (Svp Operations) $0 $278,468 $26,773
William Hagstrom (Vp Of Development Director Thru 12/19) $0 $256,717 $18,803

Document Links

Fiscal Year Ending Sept.
2019

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,792,843
Expenses
$6,499,434
Net Income
$3,293,409
Net Assets
$65,536,345
Notable Sources of Revenue Percent of Total Revenue
Contributions $7,796,803
79.6%
Program Services $0
Investment Income $1,996,040
20.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $79,843,815
Total Liabilities $14,307,470
Net Assets $65,536,345
Compensation
Key Employees and Officers Compensation Related Other
Daniel Lindh (Ceo) $0 $856,853 $24,037
Mark Meyer (Cfo) $0 $404,035 $26,372
Sharon Strickler (Vp Site Operations) $0 $340,874 $18,635
Michael Bingham (Svp Optage) $0 $330,566 $19,251
Teresa Larson (Vp Of Development) $0 $276,518 $17,452
Karen Mckenna Thru March (Vp Human Resources) $0 $288,588 $2,350
John Mehrkens (Vp Of Human Resources) $0 $259,339 $26,119
William Hagstrom (Vp Senior Housing Partners) $0 $251,633 $12,705
Duane Larson (Svp Operations) $0 $211,299 $23,717
Jonathan Fletcher (Vp Of Development) $0 $196,198 $6,412

Document Links

Fiscal Year Ending Sept.
2018

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$19,186,575
Expenses
$6,720,619
Net Income
$12,465,956
Net Assets
$62,242,936
Notable Sources of Revenue Percent of Total Revenue
Contributions $14,301,000
74.5%
Program Services $0
Investment Income $4,885,575
25.5%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $76,707,504
Total Liabilities $14,464,568
Net Assets $62,242,936
Compensation
Key Employees and Officers Compensation Related Other
Daniel Lindh (Ceo) $0 $821,841 $31,315
Janene Connelly (Vp Of Foundation) $0 $183,888 $6,354
Mark Meyer (Cfo) $0 $383,273 $32,637
Teresa Larson (Vp Of Development) $0 $245,720 $18,067
Sharon Strickler (Vp Site Operations) $0 $326,371 $18,935
William Hagstrom (Vp Senior Housing Partners) $0 $192,759 $9,545
John Mehrkens (Vp Of Human Resources) $0 $330,471 $34,527

Document Links

Fiscal Year Ending Sept.
2017

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,879,723
Expenses
$6,899,249
Net Income
$2,980,474
Net Assets
$49,776,980
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,332,703
43.9%
Program Services $0
Investment Income $5,547,020
56.1%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $62,753,955
Total Liabilities $12,976,975
Net Assets $49,776,980
Compensation
Key Employees and Officers Compensation Related Other
Daniel Lindh (Ceo) $0 $789,398 $29,912
John Mehrkens (Vp Of Development) $0 $281,450 $32,142
Mark Meyer (Cfo) $0 $387,335 $30,833
Sharon Klefsaas (Vp Site Operations) $0 $316,112 $17,951
Karen Mckenna (Vp Human Resources) $0 $275,338 $26,969
Michael Bingham (Vp Optage) $0 $310,938 $18,278
William Hagstrom (Vp Senior Housing Partners) $0 $170,672 $7,442

Document Links

Fiscal Year Ending Sept.
2016

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,696,343
Expenses
$4,995,360
Net Income
$2,700,983
Net Assets
$47,633,255
Notable Sources of Revenue Percent of Total Revenue
Contributions $4,444,046
57.7%
Program Services $0
Investment Income $3,252,297
42.3%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $59,220,962
Total Liabilities $11,587,707
Net Assets $47,633,255
Compensation
Key Employees and Officers Compensation Related Other
Daniel Lindh (Chair & Ceo) $0 $709,239 $160,625
John Mehrkens (Vice Chair & Vp Of Development) $0 $304,774 $47,727
Mark Meyer (Secretary, Treasurer & Cfo) $0 $380,511 $60,521
Sharon Klefsaas (Executive Director Of Operations) $0 $320,405 $44,047
Karen Mckenna (Executive Director Of Humaman Resources) $0 $275,904 $44,379
Michael Bingham (Vp Optage/Shp) $0 $293,762 $12,364

Document Links

Fiscal Year Ending Sept.
2015

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$6,744,131
Expenses
$5,260,513
Net Income
$1,483,618
Net Assets
$44,181,272
Notable Sources of Revenue Percent of Total Revenue
Contributions $6,154,516
91.3%
Program Services $0
Investment Income $589,615
8.7%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $55,579,623
Total Liabilities $11,398,351
Net Assets $44,181,272
Compensation
Key Employees and Officers Compensation Related Other
Daniel Lindh (Chair & Ceo) $0 $652,723 $145,808
John Mehrkens (Vice Chair & Vp Of Development) $0 $275,325 $39,232
Mark Meyer (Secretary, Treasurer & Cfo) $0 $342,751 $54,180
Sharon Klefsaas (Executive Director Of Operations) $0 $283,198 $45,556
Karen Mckenna (Executive Director Of Human Resources) $0 $264,254 $35,084
Michael Bingham (Vp Optage/Shp) $0 $249,036 $22,168

Document Links

Fiscal Year Ending Sept.
2014

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$8,904,629
Expenses
$5,514,821
Net Income
$3,389,808
Net Assets
$43,968,027
Notable Sources of Revenue Percent of Total Revenue
Contributions $8,806,525
98.9%
Program Services $0
Investment Income $2,756,971
31.0%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $0
Net Inventory Sales $0
Other Revenue -$2,658,867
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $54,211,477
Total Liabilities $10,243,450
Net Assets $43,968,027
Compensation
Key Employees and Officers Compensation Related Other
Daniel Lindh (Chair & Ceo) $0 $606,606 $116,508
John Mehrkens (Vice Chair & Vp Of Development) $0 $258,094 $14,502
Mark Meyer (Secretary, Treasurer & Cfo) $0 $319,198 $16,760
Sharon Klefsaas (Executive Director Of Operations) $0 $260,972 $12,132
Karen Mckenna (Executive Director Of Human Resources) $0 $238,993 $7,548

Document Links

Fiscal Year Ending Sept.
2013

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$7,431,769
Expenses
$4,377,391
Net Income
$3,054,378
Net Assets
$40,578,219
Notable Sources of Revenue Percent of Total Revenue
Contributions $3,102,437
41.7%
Program Services $0
Investment Income $5,307,898
71.4%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$978,566
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $50,124,862
Total Liabilities $9,546,643
Net Assets $40,578,219

Document Links

Fiscal Year Ending Sept.
2012

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$9,287,969
Expenses
$6,201,085
Net Income
$3,086,884
Net Assets
$37,523,841
Notable Sources of Revenue Percent of Total Revenue
Contributions $2,515,258
27.1%
Program Services $0
Investment Income $2,963,134
31.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets $3,809,577
41.0%
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $46,106,703
Total Liabilities $8,582,862
Net Assets $37,523,841

Document Links

Fiscal Year Ending Sept.
2011

Extracted Financial Data

Extracted Financial Data from Form 990
Revenue
$10,073,814
Expenses
$10,480,624
Net Income
-$406,810
Net Assets
$34,438,789
Notable Sources of Revenue Percent of Total Revenue
Contributions $9,356,199
92.9%
Program Services $0
Investment Income $2,105,355
20.9%
Bond Proceeds $0
Royalties $0
Rental Property Income $0
Net Fundraising $0
Sales of Assets -$1,387,740
Net Inventory Sales $0
Other Revenue $0
Notable Expenses Percent of Total Expenses
Executive Compensation $0
Professional Fundraising Fees $0
Other Salaries and Wages $0
Assets/Debt
Total Assets $41,104,717
Total Liabilities $6,665,928
Net Assets $34,438,789

Document Links

Fiscal Year Ending Sept.
2010

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2009

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2008

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2007

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2006

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2005

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2004

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2003

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2002

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

Fiscal Year Ending Sept.
2001

No Extracted Financial Data

Extracted financial data is not available for the forms filed in this tax period, but Form 990 documents are available for download.

Document Links

About This Data

Nonprofit Explorer includes summary data for nonprofit tax returns and full Form 990 documents, in both PDF and digital formats.

The summary data contains information processed by the IRS during the 2012-2019 calendar years; this generally consists of filings for the 2011-2018 fiscal years, but may include older records. This data release includes only a subset of what can be found in the full Form 990s.

In addition to the raw summary data, we link to PDFs and digital copies of full Form 990 documents wherever possible. This consists of separate releases by the IRS of Form 990 documents processed by the agency, which we update regularly.

We also link to copies of audits nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year since 2016. These audits are copied from the Federal Audit Clearinghouse.

Which Organizations Are Here?

Every organization that has been recognized as tax exempt by the IRS has to file Form 990 every year, unless they make less than $200,000 in revenue and have less than $500,000 in assets, in which case they have to file form 990-EZ. Organizations making less than $50,000 don’t have to file either form but do have to let the IRS they’re still in business via a Form 990N "e-Postcard."

Nonprofit Explorer has organizations claiming tax exemption in each of the 27 subsections of the 501(c) section of the tax code, and which have filed a Form 990, Form 990EZ or Form 990PF. Taxable trusts and private foundations that are required to file a form 990PF are also included. Small organizations filing a Form 990N "e-Postcard" are not included in this data.

Types of Nonprofits

There are 27 nonprofit designations based on the numbered subsections of section 501(c) of the tax code. See the list »

Get the Data

For those interested in acquiring the original data from the source, here’s where our data comes from:

  • Raw filing data. Includes EINs and summary financials as structured data.
  • Exempt Organization profiles. Includes organization names, addresses, etc. You can merge this with the raw filing data using EIN numbers.
  • Form 990 documents. Prior to 2017, these documents were obtained and processed by Public.Resource.org and ProPublica. Bulk PDF downloads since 2017 are available from the IRS.
  • Form 990 documents as XML files. Includes complete filing data (financial details, names of officers, tax schedules, etc.) in machine-readable format. Only available for electronically filed documents. Electronic data released prior to October 2021 is also available through Amazon Web Services.
  • Audits. PDFs of single or program-specific audits for nonprofit organizations that spent $750,000 or more in Federal grant money in a single fiscal year. Available for fiscal year 2015 and later.

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