Presbyterian Homes & Services
Legal name: Presbyterian Homes Foundation
Nonprofit profile at a glance
- EIN
- 411465334
- IRS 990 coverage
- 2009–2024
- Official website data refreshed
- Sep 2026
- Forms available
- Form 990 2024
- Location
- Roseville, MN, US
- Phone
- 651-631-6100
- Rating
- 63
- Verdict
- SUPPORTED
- Rating confidence
- Moderate
- Sector
- Fund Raising and Fund Distribution
- Affiliation
- Christianity
Reported finances
- Revenue
- $20,258,422
- Expenses
- $11,424,589
- Assets
- $112,497,414
- Liabilities
- $20,239,310
Source: IRS Form 990. Selected filing: tax year 2024. Amounts in USD.
Leadership & pay
6 people listed
Executive titles in this filing
- DANIEL LINDH (CEO & BOARD CHAIR (THRU 2/2025))
- JONATHAN FLETCHER (CEO & BOARD CHAIR)
Highest reported compensation
- DANIEL LINDH (CEO & BOARD CHAIR (THRU 2/2025)): $1,023,333 total reported compensation
- MARK MEYER CFO (SECRETARY/TREASURER (THRU 12/2024)): $528,586 total reported compensation
- JONATHAN FLETCHER (CEO & BOARD CHAIR): $428,022 total reported compensation
Source: IRS Form 990. Selected filing: tax year 2024. Names and roles reflect this filing, not necessarily current officeholders.
Overview
Mission
To honor God by enriching the lives and touching the hearts of older adults. Serving older adults is our passion. Presbyterian Homes & Services made the decision to incorporate an in-house project development team that would serve both PHS and other organizations serving older adults. Senior Housing Partners (SHP) was formed to guide Presbyterian Homes in the pursuit of expanding our mission to more older adults in years to come. Shepherd of The Lake Shepherd of the Lake Lutheran Church joined with PHS to build and open McKenna Crossing in Prior Lake, Minn. Both the church building and McKenna Crossing are part of the Shepherd’s Path campus. The congregation now supplies chaplaincy services to McKenna Crossing and many of the residents living there maintain ties to t.
What it reported doing in 2024
The foundation is formed to aid, support, and promote the 501(c)(3) purposes of the presbyterian homes and its affiliates. Specifically, the foundation provided $9,735,700 in awards to affiliated organizations during the year ended september 30, 2025. These awards are used to provide housing and other care services to the elderly in accordance with the exempt purposes of the recipient charitable affiliates.
Operating model
- Revenue model
- Mixed. Its operating money came from several sources; no one source provided a clear majority.
- Distribution model
- Grant intermediary. The nonprofit sent 100% of its reported program spending out as grants.
- Includes noncash contributions: Reported contributions include donated property or goods.
The verdict
SUPPORTED - A large share of available resources goes toward mission work and the filed numbers largely add up. A relatively small share of voting board members are independent and few specific pay-setting methods are documented in the filing; unanswered boxes are not proof of absence.
Rating breakdown
- Financial Efficiency: 67
- Transparency & Controls: 68
- Accountability: 32
- Sustainability: 87
- Growth: 100
Detailed rating inputs
Financial Efficiency
- Mission deployment rate: 69%; rating input score 69
- Program expense ratio: 85.2%; rating input score 85
- Fundraising efficiency: Limited
Transparency & Controls
- Consistency checks: 92.9%; rating input score 93; 10th percentile among comparable filings
- Pay-setting controls: 0 of 6 controls in place; rating input score 0
- Compensation committee: Missing
- Independent consultant: Missing
- Other Form 990s reviewed: Missing
- Written employment contract: Missing
- Compensation survey or study: Missing
- Board or committee approval: Missing
- Foreign activity oversight: Limited
- Grant itemization coverage: 100%; rating input score 100; 41st percentile among comparable filings
- Major donor itemization: Yes; rating input score 100
- Related-party transparency: No; rating input score 0
Accountability
- Independent voting board: 0%; rating input score 0; 3rd percentile among comparable filings
- Governance controls: 7 of 9 controls in place; rating input score 78
- Conflict-of-interest policy: Pass
- Whistleblower policy: Pass
- Document-retention policy: Pass
- CEO compensation review process: Fail
- Other executive compensation review process: Fail
- Form 990 shared with the board: Pass
- Board meeting minutes documented: Pass
- Audit committee oversight: Pass
- Independent financial-statement audit: Pass
Sustainability
- Operating margin: 43.6%; rating input score 92; 92nd percentile among comparable filings
- Total-asset coverage ratio: 9.85; rating input score 91; 91st percentile among comparable filings
- Liabilities to assets ratio: 0.18; rating input score 61; 61st percentile among comparable filings
- Officer compensation ratio: 1.3%; rating input score 83; 83rd percentile among comparable filings
Growth
- Program expense growth: 5.5% per year; rating input score 100; 46th percentile among comparable filings
- Revenue growth: 5.3% per year; rating input score 100; 46th percentile among comparable filings
- Asset growth: 6.2% per year; rating input score 100; 44th percentile among comparable filings
Details
- What they do: 1 operating location identified
- Where the money goes: 69% of revenue deployed · 85.2% of spending went to programs
- Governance: 0 of 3 board members independent · 7 of 9 filing controls reported
- Programs: 1 filed program accomplishment · $9.7M in reported program spending
- Leadership: top reported pay $1M · 6 people listed · 0 of 6 pay-setting controls reported
- Highest-paid contractors: 3 contractors listed · $2M reported
- Consistency: 19 of 20 current checks pass · 1 finding to review
- Schedules: 8 filed schedules · includes major donors, grants, and executive pay
- Filing history: 16 filing years from 2009 to 2024
- Contacts: How to reach this organization
- Money network: 44 filed money-flow records
- Related organizations: 96 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 — Accountability: Independent voting board scored 0/100.
- High — Transparency & Controls: Pay-setting controls scored 0/100.
- Review — Accountability: Governance controls: 2 of 9 not reported.
- High — Transparency & Controls: Related-party transparency scored 0/100.
- Review — Transparency & Controls: Schedule R controlled transactions itemized did not reconcile in the filed values.