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The Homestead at Anoka

Eden Prairie, MN · EIN 27-3338560 · 501(c)(3) · Church
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

The Homestead at Anoka reported $28.0 million in revenue and $27.5 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $94.45 went to program services, $5.55 to management and general costs and $0.00 to fundraising. Its largest source of revenue was program service revenue such as fees, sales and contracts: 97.4% of the total. The highest compensation it reported for one person was $868,407 (PRESIDENT). 10 people received more than $100,000 in reportable compensation. Revenue rose 18% between FY2020 and FY2025. Source: Form 990, FY2025.

Where $100 of spending went

The fiscal year ending June 30, 2025 · Form 990, Part IX, line 25 · total expenses $28M

For context, the median across 2,433 covered unclassified charities: $88.27 programs, $11.68 management, $0.05 fundraising (medians computed separately, so they may not sum to $100).

Where $100 of revenue came from

The fiscal year ending June 30, 2025 · Form 990, Part VIII · total revenue $28M

The 990 scorecard · same measures for every charity, no grades

FY2025 filing. Median across 2,433 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
94.4%86.7%
Management & general
Part IX 25(C) ÷ 25(A)
5.6%11.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
$0.00$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
1.5%29.9%
Government grants share of revenue
Part VIII 1e ÷ 12
0.0%3.8%
Program service revenue share
Part VIII 2g ÷ 12
97.4%58.9%
Highest reported compensation
Part VII-A, columns D–F
$868,407$301,601
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
3.15%1.38%
People paid over $100,000
Part VII, line 2
106
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
-1.86.8
Independent voting board members
Part VI 1a–1b
14 of 15100.0%

A median is context, not a target: hospitals, universities, food banks and grantmakers spend in very different ways. What these measures can and can't tell you.

What the money paid for, in its own words

FY2025 · Form 990, Part III · the three largest programs by expense
$26M expenses · 100.0% of program spending · revenue $27M

The homestead at anoka inc provides healthcare services in minnesota, including nursing and long-term care, and assisted and independent living facilities for seniors and those with disabilities

Highest reported compensation

FY2025 · Form 990, Part VII, Section A · roles as filed; names are in the filing, not here
RoleFrom this orgFrom related orgsOtherTotal
PRESIDENT
Director/trustee, officer, 3.00 hrs/week
$0$685,034$183,373$868,407
ASST. TREASURER/ASST. SECRETARY
Officer, 3.00 hrs/week
$0$442,369$74,234$516,603
ASST. TREASURER/ASST. SECRETARY
Officer, 3.00 hrs/week
$0$348,630$116,809$465,439
REGISTERED NURSE SUPERVISOR
Highest compensated employee, 40.00 hrs/week
$366,618$0$13,980$380,598
ASST. TREASURER/ASST. SECRETARY
Officer, 3.00 hrs/week
$0$348,226$30,221$378,447
ASST. TREASURER/ASST. SECRETARY - UNTIL 04/2025
Officer, 3.00 hrs/week
$0$278,997$40,506$319,503
ASST. SECRETARY/ASST. TREASURER - UNTIL 04/2025
Officer, 3.00 hrs/week
$0$197,742$87,852$285,594
ASST. TREASURER/ASST. SECRETARY - UNTIL 07/2024
Officer, 3.00 hrs/week
$0$223,281$33,529$256,810

10 people received more than $100,000 in reportable compensation from The Homestead at Anoka (Part VII, line 2).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$10M$20M$30M$40MFY2020FY2021FY2022FY2023FY2024FY2025$28M$28M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$28M$28M94.4%−$4.2M$868,407
FY2024 ⓘ$28M$27M94.4%−$4.6M$825,085
FY2023 ⓘ$25M$25M94.8%−$5.6M$771,971
FY2022 ⓘ$25M$25M95.1%−$5.9M$744,472
FY2021 ⓘ$22M$22M94.6%−$5.9M$676,817
FY2020 ⓘ$24M$23M94.2%−$6.0M$661,452

Governance answers, as filed

FY2025 · the organization's own yes/no answers; explanations, if any, are in Schedule O of the filing · what each means
  • Voting board members, and how many are independent Part VI, lines 1a–1b15 · 14 independent
  • Audited financial statements Part XII 2bYes
  • Conflict-of-interest policy Part VI 12aYes
  • Whistleblower policy Part VI 13Yes
  • Document retention policy Part VI 14Yes
  • Independent process for top executive pay Part VI 15aNo
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2Yes
  • Aware of a significant diversion of assets Part VI 5No
  • Excess benefit transaction with an insider Part IV 25aNo
  • Loans to or from insiders outstanding Part IV 26No
  • Lobbying, or a 501(h) election in effect Part IV 4No
  • Over $15,000 of professional fundraising services Part IV 18No
  • Over $10,000 of activity outside the U.S. Part IV 14bNo
  • Employees Part I, line 5324
  • Volunteers Part I, line 618

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
55344
Contract therapy provider
$1,654,093
VOLUNTEERS OF AMERICA NATIONAL SERVICES
Management fees
$1,229,495
HOME HEALTH AT ANOKA
Retirement community in anoka, minnesota
$226,080
AMERIPRIDE SERVICES
Laundry services
$142,640

Individuals listed as contractors are left out. 4 contractors were paid more than $100,000 in all.

Correct a figure or respond

Every number above is copied from The Homestead at Anoka's own Form 990. If one doesn't match the filing, that's our error and we'll fix it. If you work for The Homestead at Anoka, you can publish a response that is linked from this page.

Similar-sized charities in this cause

All unclassified charities · Largest charities in Minnesota

Questions people ask

How much of The Homestead at Anoka's spending goes to programs?

In the fiscal year ending June 30, 2025, The Homestead at Anoka reported that 94.4% of its $27.5 million in expenses went to program services, 5.6% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does The Homestead at Anoka pay its top executive?

The largest total compensation The Homestead at Anoka reported for one person in the fiscal year ending June 30, 2025 was $868,407, for the role of PRESIDENT (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does The Homestead at Anoka get its money?

Of $28.0 million in revenue in the fiscal year ending June 30, 2025, 1.5% came from contributions and grants and 97.4% from program service revenue (Form 990, Part VIII).

Is The Homestead at Anoka a registered charity?

The IRS lists EIN 27-3338560 as a 501(c)(3) organization (church), and its records show contributions as tax-deductible. Form 990 filings on record here cover tax years 2019, 2020, 2021, 2022, 2023, 2024. A filing shows what the organization reported; it doesn't by itself show whether a program works.

Sources

  • FY2025: Form 990 for the fiscal year ending June 30, 2025, object 202621339349303112 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541079349301459 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202441309349301924 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202311299349303201 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202221179349301662 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121269349302532 · read the filing

All filings for EIN 27-3338560: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.