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Nonprofit · EIN 41-1553655

GLACIAL RIDGE HOSPITAL FOUNDATION INC

Tax-exempt · GLENWOOD, MN 56334

Financials

$1.3M$1.1M2022$1.5M$1.1M2023$2M$1.2M2024
Revenue Expenses · by fiscal year end
Financials of GLACIAL RIDGE HOSPITAL FOUNDATION INC by year, from its e-filed returns
Year endedFormRevenueExpensesNet incomeTotal assetsLiabilitiesNet assets
September 30, 2025990$1,988,867$1,157,550$831,317$9,133,010$5,128,625$4,004,385
September 30, 2024990$1,466,416$1,093,039$373,377$8,587,476$5,428,110$3,159,366
September 30, 2023990$1,306,265$1,109,047$197,218$8,492,546$5,732,547$2,759,999
Financial details: 990 for the year ended September 30, 2025

Revenue

Contributions, gifts and grants
$467,664
Program service revenue
$1,487,028
Investment income
$38,556
Net rental income
-$4,381
Other revenue
-$4,381

Expenses

Grants and similar amounts paid
$0
Other salaries and wages
$138,886
Salaries, compensation and benefits (total)
$148,962
Professional fundraising fees
$0
Accounting fees
$2,218
Occupancy
$229,011
Depreciation
$307,466
Program services (functional)
$1,154,382
Management and general (functional)
$3,168

Balance sheet and other

Total assets, start of year
$8,587,476
Total assets, end of year
$9,133,010
Total liabilities, end of year
$5,128,625
Net assets, end of year
$4,004,385
Land, buildings and equipment
$7,238,476
Publicly traded securities
$148,143
Net assets without donor restrictions
$4,004,385
Gross unrelated business income
-$3,553
Gross receipts
$2,058,611
Employees
0
Volunteers
24
Year formed
1986
State of legal domicile
MN

From the e-filed returns the IRS publishes as XML (latest three processing years; amended returns replace the original). PDF copies at the IRS.

Officers, directors and key employees

As listed on the 990 for the year ended September 30, 2025, highest compensation first.

NameTitleHours / weekCompensationFrom related orgsOther / benefits
KIRK STENSRUDCEO
Trustee or director, Officer
40$0$326,002$39,496
KYLE CHASECFO
Officer
40$0$189,838$22,149
DARYL KLOUSEXECUTIVE DIRECTOR
Officer
40$0$98,861$15,639
DENNIS MARTINSONCHAIR
Trustee or director, Officer
1$0$0$0
BRUCE HARVEYVICE CHAIR
Trustee or director, Officer
1$0$0$0
MARY JOHNSONSECRETARY/TREASURER
Trustee or director, Officer
1$0$0$0
DUAINE ESSIGDIRECTOR
Trustee or director
1$0$0$0
KAREN DEMORETTDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended September 30, 2024: 8 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
KIRK STENSRUDCEO
Trustee or director, Officer
40$0$307,687$38,424
KYLE CHASECFO
Officer
40$0$178,948$21,661
DARYL KLOUSEXECUTIVE DIRECTOR
Officer
40$0$94,863$17,336
DENNIS MARTINSONCHAIR
Trustee or director, Officer
1$0$0$0
BRUCE HARVEYVICE CHAIR
Trustee or director, Officer
1$0$0$0
MARY JOHNSONSECRETARY/TREASURER
Trustee or director, Officer
1$0$0$0
DUAINE ESSIGDIRECTOR
Trustee or director
1$0$0$0
KAREN DEMORETTDIRECTOR
Trustee or director
1$0$0$0
990 for the year ended September 30, 2023: 8 people
NameTitleHours / weekCompensationFrom related orgsOther / benefits
KIRK STENSRUDCEO
Trustee or director, Officer
1$0$291,220$41,710
KYLE CHASECFO
Officer
1$0$168,986$20,296
DARYL KLOUSEXECUTIVE DIRECTOR
Officer
4$0$92,455$16,727
DENNIS MARTINSONCHAIR
Trustee or director, Officer
1$0$0$0
BRUCE HARVEYVICE CHAIR
Trustee or director, Officer
1$0$0$0
ANN ENGENSECRETARY/TREASURER
Trustee or director, Officer
1$0$0$0
DUAINE ESSIGDIRECTOR
Trustee or director
1$0$0$0
MARY JOHNSONDIRECTOR
Trustee or director
1$0$0$0

Address and contacts

Address (IRS master file)
7 4TH AVE SE, GLENWOOD, MN 56334-1879
Principal officer (990 for 2024)
KIRK STENSRUD, 7 4TH AVE SE, GLENWOOD, MN 56334
Signed the 990
KIRK STENSRUD, CEO
Phone
(320) 634-4521
Return prepared by
RSM US LLP

Mission

TO DEVELOP AND ADMINISTER PROGRAMS THAT WILL PROVIDE FINANCIAL RESOURCES THROUGH VOLUNTARY GIVING FOR SPECIAL PROJECTS OF THE GLACIAL RIDGE HOSPITAL AND GLACIAL RIDGE HOSPITAL DISTRICT, AND SUCH OTHER ORGANIZATIONS.

990 for the year ended September 30, 2025

Program accomplishments

  • THE MAIN PROGRAM OF THE FOUNDATION IS OPERATIONS OF THE RIDGEWOOD VILLA INDEPENDENT LIVING CENTER "THE VILLA". RIDGEWOOD VILLA IS A 59+ BED INDEPENDENT LIVING CAMPUS IN GLENWOOD, MN THAT OFFERS RESIDENTS THE FREEDOM TO LIVE INDEPENDENTLY WHILE PROVIDING MANY OF THE COMFORTS OF HOME AND OPPORTUNITIES TO GATHER WITH FRIENDS. IT IS CONVENIENTLY LOCATED ACROSS THE STREET FROM THE GLACIAL RIDGE HEALTH SYSTEM AND OPERATES AN URGENT CALL SYSTEM MONITORED BY GLACIAL RIDGE HOSPITAL 24 HOURS A DAY. THE FACILITY IS EQUIPPED WITH STATE OF THE ART FIRE PROTECTION AND SECURED ENTRANCES. FOR THE FISCAL YEAR ENDED SEPTEMBER 30, 2025 RIDGEWOOD VILLA HAD 54 UNITS OCCUPIED AND OPERATED AT 93% CAPACITY. MONTHLY RENT INCLUDES HOMEMADE MEALS SERVED EACH DAY AT NOON, 365 DAYS A YEAR AND BREAKFAST 5 DAYS A WEEK, FULL USE OF THE FIRESIDE LOUNGE, ACTIVITY LOUNGE, LIBRARY, CHAPEL AND GAME ROOM. VARIOUS ACTIVITIES ARE PROVIDED FOR RESIDENTS 2-3 TIMES PER WEEK. THE GAME ROOM IS USED FOR BINGO, CARDS, PUZZLES AND OTHER SOCIAL GATHERINGS. THE CHAPEL IS OPEN FOR RESIDENTS TO USE TO FULFILL THEIR SPIRITUAL NEEDS. RESIDENTS HAVE THE OPTION TO PURCHASE ADDITIONAL SERVICES, SUCH AS HOME HEALTH CARE, LAUNDRY, GROCERY DELIVERY, ADDITIONAL HOUSEKEEPING OR MEAL SERVICES AND PERSONAL ALARM MEDALLIONS ARE ALSO AVAILABLE TO RESIDENTS.STANDARD AND DELUXE 1 AND 2 BEDROOM APARTMENTS ARE AVAILABLE. THE VILLA HAS 59 UNITS FOR RENTAL TO THOSE AGE 55 PLUS. ADDITIONAL AMENITIES INCLUDE GLACIAL RIDGE WELLNESS CENTER WITH AN EXERCISE POOL AND A PHARMACY AND GIFT SHOP.
    Expenses $1,154,382 · revenue $1,487,028

What it must file and when

IRS records say it files Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N. Its accounting year ends in September, so each return is due on the 15th day of the 5th month after that.

Tax yearYear endedDueIRS public records
2025September 30, 2026February 16, 2027Not due yet
2024September 30, 2025February 17, 2026990 on file
2023September 30, 2024February 18, 2025990 on file

IRS record

EIN
41-1553655
Tax-exempt status
501(c)(3): Charitable, religious, educational or scientific organization
Foundation status
Publicly supported organization (170(b)(1)(A)(vi))
Donations deductible (Pub 78)
Public charity, 50% deduction limit
Exempt since
1989
Accounting year ends
September
Files
Form 990 or 990-EZ
Category (NTEE)
Human services (P75Z)
Assets (IRS master file)
$9,133,010
Income (IRS master file)
$2,058,611

Filing history

FormYear endedRevenueExpensesAssetsReturn
990September 2025$1,988,867$1,157,550$9,133,010XML
990-TSeptember 2025–––IRS
990September 2024$1,466,416$1,093,039$8,587,476XML
990-TSeptember 2024–––IRS
990September 2023$1,306,265$1,109,047$8,492,546XML
990-TSeptember 2023–––IRS
990September 2022$1,165,670$1,092,358$8,586,027IRS
990-TSeptember 2022–––IRS
990September 2021–––IRS
990-TSeptember 2021–––IRS
990September 2020–––IRS
990September 2018–––IRS

990-N: the IRS bulk file holds only the latest e-Postcard per organization; earlier years come from archived copies of that file since 2020 and can have gaps (the IRS e-Postcard search lists every one). 990, 990-EZ, 990-PF, 990-T: every e-filed return in the IRS e-file index since 2019; XML for the latest three processing years, amounts from the IRS Statistics of Income extracts before that. PDF copies and determination letters at the IRS (search EIN 41-1553655).

Questions about GLACIAL RIDGE HOSPITAL FOUNDATION INC

What is the EIN of GLACIAL RIDGE HOSPITAL FOUNDATION INC?
The employer identification number (EIN) of GLACIAL RIDGE HOSPITAL FOUNDATION INC is 41-1553655.
Is GLACIAL RIDGE HOSPITAL FOUNDATION INC tax-exempt?
Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1989.
Are donations to GLACIAL RIDGE HOSPITAL FOUNDATION INC tax-deductible?
Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
Which annual return does GLACIAL RIDGE HOSPITAL FOUNDATION INC file?
Form 990 or 990-EZ. Based on its last return; a smaller organization may file the 990-N.
When is the next return of GLACIAL RIDGE HOSPITAL FOUNDATION INC due?
The return for tax year 2025 (the year ending September 30, 2026) is due February 16, 2027. Form 8868 extends it by six months; the 990-N cannot be extended.
When did GLACIAL RIDGE HOSPITAL FOUNDATION INC last file with the IRS?
The latest return in the IRS public files is the 990 for the year ended September 2025.
Who is the principal officer of GLACIAL RIDGE HOSPITAL FOUNDATION INC?
The 990 for the year ended September 30, 2025 names KIRK STENSRUD.
Who are the officers and directors of GLACIAL RIDGE HOSPITAL FOUNDATION INC?
The 990 for the year ended September 30, 2025 lists 8 people; 0 received compensation from the organization.
How much revenue does GLACIAL RIDGE HOSPITAL FOUNDATION INC have?
On its 990 for the year ended September 30, 2025 it reported revenue of $1,988,867, expenses of $1,157,550 and total assets of $9,133,010 at year end.

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