Nonprofit · EIN 41-1773664
SHEPHERD OAK APARTMENTS INC
Tax-exempt · SAUK RAPIDS, MN 56379
Financials
| Year ended | Form | Revenue | Expenses | Net income | Total assets | Liabilities | Net assets |
|---|---|---|---|---|---|---|---|
| December 31, 2024 | 990 | $396,732 | $456,961 | -$60,229 | $1,342,529 | $2,631,581 | -$1,289,052 |
| December 31, 2023 | 990 | $384,155 | $438,340 | -$54,185 | $1,399,619 | $2,628,442 | -$1,228,823 |
Financial details: 990 for the year ended December 31, 2024
Revenue
- Contributions, gifts and grants
- $0
- Program service revenue
- $362,753
- Investment income
- $5,036
- Net rental income
- $22,025
- Net gain from sales of assets
- -$1,431
- Other revenue
- $28,943
Expenses
- Grants and similar amounts paid
- $0
- Other salaries and wages
- $116,709
- Salaries, compensation and benefits (total)
- $141,408
- Professional fundraising fees
- $0
- Accounting fees
- $12,494
- Occupancy
- $130,307
- Travel
- $13
- Depreciation
- $103,996
- Program services (functional)
- $310,894
- Management and general (functional)
- $146,067
Balance sheet and other
- Total assets, start of year
- $1,399,619
- Total assets, end of year
- $1,342,529
- Total liabilities, end of year
- $2,631,581
- Net assets, end of year
- -$1,289,052
- Land, buildings and equipment
- $1,039,503
- Net assets without donor restrictions
- -$1,289,052
- Gross receipts
- $398,163
- Employees
- 0
- Volunteers
- 15
- Year formed
- 1993
- 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 December 31, 2024, highest compensation first.
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHAEL STORDAHL | PRESIDENT/CEO/ADMINISTRATOR Officer | 1 | $0 | $197,140 | $26,425 |
| KRISTA MARTINI | CFO Officer | 1 | $0 | $148,002 | $19,689 |
| RHONDA POHL | VP OF HUMAN RESOURCES Highest-paid employee | 1 | $0 | $114,588 | $14,874 |
| FRANK CARTER | VP OF ENVIRONMENTAL SERVICES Highest-paid employee | 1 | $0 | $101,129 | $10,745 |
| BARB MAHNKE | CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| DENNIS BACON | VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| JOYCE HAWKINSON | SECRETARY/TREASURER Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| CORKY RAINER | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 | $0 |
| CHERYL SCAPANSKI | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 | $0 |
| LOIS PERLEBERG | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 | $0 |
990 for the year ended December 31, 2023: 10 people
| Name | Title | Hours / week | Compensation | From related orgs | Other / benefits |
|---|---|---|---|---|---|
| MICHAEL STORDAHL | PRESIDENT/CEO/ADMINISTRATOR Officer | 1 | $0 | $170,840 | $24,601 |
| KRISTA MARTINI | FINANCIAL MANAGER Highest-paid employee | 0.5 | $0 | $126,051 | $20,558 |
| RHONDA POHL | VP OF HUMAN RESOURCES Highest-paid employee | 1 | $0 | $107,932 | $14,724 |
| MORGAN KERN DEC 2023 | VP OF FINANCE/CFO Officer | 3 | $0 | $98,730 | $0 |
| BARBARA MAHNKE | BOARD CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| LOIS PERLEBERG | VICE CHAIR Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| JOYCE HAWKINSON | SECRETARY/TREASURER Trustee or director, Officer | 0.5 | $0 | $0 | $0 |
| TERRY KURASH | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 | $0 |
| CHERYL SCAPANSKI | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 | $0 |
| DENNIS BACON | BOARD MEMBER Trustee or director | 0.5 | $0 | $0 | $0 |
Address and contacts
- Address (IRS master file)
- 1115 4TH AVE N, SAUK RAPIDS, MN 56379-2201
- Principal officer (990 for 2024)
- MICHAEL STORDAHL, 1115 4TH AVENUE NORTH, SAUK RAPIDS, MN 56379
- Signed the 990
- MICHAEL STORDAHL, CEO & PRESIDENT
- Phone
- (320) 252-6525
- Website
- WWW.GOODSHEPHERDCAMPUS.ORG
- Return prepared by
- CLIFTONLARSONALLEN LLP
Mission
OWN AND OPERATE AN APARTMENT FOR OLDER ADULTS AND HANDICAPPED PERSONS WITH HOUSING FACILITIES AND SERVICES DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS AND TO PROMOTE THEIR HEALTH, SECURITY, AND HAPPINESS IN LONGER LIVING.
Program accomplishments
- SHEPHERD OAK APARTMENTS, INC. OWNS AND OPERATES A 42 UNIT APARTMENT COMPLEX FOR THE PURPOSE OF PROVIDING OLDER AND HANDICAPPED ADULTS WITH HOUSING FACILITIES. THE PROJECT IS OPERATED UNDER SECTION 202 OF THE NATIONAL HOUSING ACT AND REGULATED BY THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT WITH RESPECT TO RENTAL CHARGES AND OPERATING METHODS. THE PROJECT ALSO HAS A SECTION 8 PROJECT RENTAL ASSISTANCE CONTRACT AGREEMENT WITH THE U.S. DEPARTMENT OF HOUSING AND URBAN DEVELOPMENT, PROVIDING PAYMENTS FOR THE APARTMENTS UNITS LEASED TO ELIGIBLE LOW-INCOME, ELDERLY TENANTS PURSUANT TO SECTION 8 OF THE U.S. HOUSING ACT OF 1937. SERVICES ARE DESIGNED TO MEET THEIR PHYSICAL, SOCIAL AND PSYCHOLOGICAL NEEDS AND TO PROMOTE THEIR HEALTH, SECURITY, AND HAPPINESS IN LONGER LIVING THROUGH A CHRISTIAN PERSPECTIVE. SHEPHERD OAK APARTMENTS, INC. IS A PART OF A 30 ACRE SENIOR LIVING CAMPUS IN SAUK RAPIDS, MINNESOTA WHICH INCLUDES SKILLED NURSING FACILITY CARE, SUB-ACUTE/SHORT TERM REHABILITATION SERVICES, CONGREGATE DINING, SKILLED HOME CARE SERVICES, ASSISTED LIVING SERVICES, MEMORY CARE SERVICES, AND INDEPENDENT LIVING APARTMENTS. MOST OF THE BUILDINGS ARE CONNECTED THROUGH ENCLOSED LINKS ALLOWING TENANTS TO FREELY MOVE BETWEEN BUILDINGS TO MEET FRIENDS OR ENJOY A WALK INSIDE AVOIDING HARSH MINNESOTA WINTER CONDITIONS.Expenses $310,894 · revenue $362,753
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 December, so each return is due on the 15th day of the 5th month after that.
| Tax year | Year ended | Due | IRS public records |
|---|---|---|---|
| 2025 | December 31, 2025 | May 15, 2026 | Not on file |
| 2024 | December 31, 2024 | May 15, 2025 | 990 on file |
| 2023 | December 31, 2023 | May 15, 2024 | 990 on file |
IRS record
- EIN
- 41-1773664
- Tax-exempt status
- 501(c)(3): Charitable, religious, educational or scientific organization
- Foundation status
- Publicly supported organization (509(a)(2))
- Donations deductible (Pub 78)
- Public charity, 50% deduction limit
- Exempt since
- 1994
- Accounting year ends
- December
- Files
- Form 990 or 990-EZ
- Category (NTEE)
- Housing and shelter (L22Z)
- Assets (IRS master file)
- $1,342,529
- Income (IRS master file)
- $398,163
Filing history
| Form | Year ended | Revenue | Expenses | Assets | Return |
|---|---|---|---|---|---|
| 990 | December 2024 | $396,732 | $456,961 | $1,342,529 | XML |
| 990 | December 2023 | $384,155 | $438,340 | $1,399,619 | XML |
| 990 | December 2022 | $346,427 | $422,825 | $1,475,484 | IRS |
| 990 | December 2021 | – | – | – | IRS |
| 990 | December 2020 | – | – | – | IRS |
| 990 | December 2018 | – | – | – | IRS |
| 990 | December 2017 | – | – | – | 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 41-1773664).
Questions about SHEPHERD OAK APARTMENTS INC
- What is the EIN of SHEPHERD OAK APARTMENTS INC?
- The employer identification number (EIN) of SHEPHERD OAK APARTMENTS INC is 41-1773664.
- Is SHEPHERD OAK APARTMENTS INC tax-exempt?
- Yes. The IRS lists it as tax-exempt under section 501(c)(3) since 1994.
- Are donations to SHEPHERD OAK APARTMENTS INC tax-deductible?
- Yes. It is listed in IRS Publication 78 (Public charity, 50% deduction limit).
- Which annual return does SHEPHERD OAK APARTMENTS 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 SHEPHERD OAK APARTMENTS INC due?
- The return for tax year 2025 (the year ending December 31, 2025) is due May 15, 2026. Form 8868 extends it by six months; the 990-N cannot be extended.
- When did SHEPHERD OAK APARTMENTS INC last file with the IRS?
- The latest return in the IRS public files is the 990 for the year ended December 2024.
- Who is the principal officer of SHEPHERD OAK APARTMENTS INC?
- The 990 for the year ended December 31, 2024 names MICHAEL STORDAHL.
- Who are the officers and directors of SHEPHERD OAK APARTMENTS INC?
- The 990 for the year ended December 31, 2024 lists 10 people; 0 received compensation from the organization.
- How much revenue does SHEPHERD OAK APARTMENTS INC have?
- On its 990 for the year ended December 31, 2024 it reported revenue of $396,732, expenses of $456,961 and total assets of $1,342,529 at year end.
Other nonprofits in SAUK RAPIDS
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- GOOD SHEPHERD LUTHERAN HOME OF SAUK RAPIDS MINNESOTA EIN 41-0851905 · last filed 990 for 2024
- INDEPENDENT LIFESTYLES INC - A CENTER FOR INDEPENDENT LIVING EIN 41-1871141 · last filed 990 for 2025
- BENTON COUNTY AGRICULTURAL SOCIETY EIN 41-0712810 · last filed 990 for 2025
- THE GRANITE CITY LUMBERJACKS INC EIN 38-3738681 · last filed 990 for 2024
- GOOD SHEPHERD HOMES INC EIN 41-1330247 · last filed 990 for 2024
All nonprofits in SAUK RAPIDS · Minnesota · Housing and shelter