Golden Oaks Senior Living of Proctor Llc

Nonprofit profile at a glance

EIN
475452325
IRS 990-EZ coverage
2021–2024
Forms available
Form 990 2020, Form 990-EZ 2024
Location
Richfield, MN, USA
Phone
6128612799
Rating confidence
Limited
Sector
Senior Citizens' Housing/Retirement Communities

Official website

Reported finances

Revenue
$0
Assets
$0

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Amounts in USD.

Leadership & pay

7 people listed

Executive titles in this filing

  • DAN LINDH (President)
  • DENYSE ETHRIDGE (EXECUTIVE DIRECTOR & COO)

People named in this filing

  • DAN LINDH (President)
  • MARK MEYER (TREASURER & CFO)
  • JOHN BERGESON (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990-EZ. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Care for the elderly

What it reported doing in 2024

Golden Oaks provides assisted living care and other support services to its residents. A majority of those residents receive financial support throught Elderly Waiver (Medicaid). Services included in assisted living include three meals per day, weekly housekeeping and linen service, life enrichment programs, 24 / 7 staffing by home health aides, on-site nursing care, and a varying degree of wellness care and personal care services, dependent on resident needs.

Operating model

Revenue model
Cannot be determined from the filing. The filing does not provide enough consistent revenue detail to tell how this nonprofit funds its work.
Distribution model
Cannot be determined from the filing. The filing does not provide enough consistent spending detail to tell whether the nonprofit works directly or through others.

The verdict

- The available evidence is not sufficient to produce an overall rating for this filing. This is not a warning sign.

Rating breakdown

  • Financial Efficiency: NotEnoughData
  • Transparency & Controls: 82
  • Sustainability: NotEnoughData
  • Growth: 0

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: Limited
  • Program expense ratio: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 52nd percentile among comparable filings
  • Major donor itemization: Limited

Sustainability

  • Operating margin: Limited
  • Total-asset coverage ratio: Limited
  • Liabilities to assets ratio: Limited
  • Officer compensation ratio: Limited

Growth

  • Program expense growth: Limited
  • Revenue growth: -38.8% per year; rating input score 0; 8th percentile among comparable filings
  • Asset growth: -48.5% per year; rating input score 0; 4th percentile among comparable filings

Details

  • Where the money goes: Financial trends and filed revenue, expense, asset, and liability detail
  • Governance: Filed governance answers
  • Accomplishments: 1 filed program accomplishment
  • Leadership: top reported pay $0 · 7 people listed
  • Consistency: 1 of 1 current checks pass
  • Schedules: 2 filed schedules
  • Filing history: 4 filing years from 2021 to 2024
  • Contacts: How to reach this organization
  • Related organizations: 9 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • High — Growth: Revenue growth scored 0/100.
  • High — Growth: Asset growth scored 0/100.