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Saint Therese of New Hope

St Louis Park, MN · EIN 41-0888641 · 501(c)(3) · Publicly supported organization (509(a)(2))
Latest filing: Form 990 for the fiscal year ending June 30, 2025 (tax year 2024) · View the filing · Correct or respond

Saint Therese of New Hope reported $27.5 million in revenue and $2.9 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $74.72 went to program services, $25.28 to management and general costs and $0.00 to fundraising. Its largest source of revenue was investment income: 89.5% of the total. The highest compensation it reported for one person was $708,358 (PRESIDENT & CEO). 3 people received more than $100,000 in reportable compensation. Revenue fell 25% 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 $2.9M

For context, the median across 3,614 covered human services charities: $88.27 programs, $11.52 management, $0.21 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 $27M

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

FY2025 filing. Median across 3,614 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
74.7%87.2%
Management & general
Part IX 25(C) ÷ 25(A)
25.3%11.4%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.2%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.02
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.1%20.6%
Government grants share of revenue
Part VIII 1e ÷ 12
0.1%2.4%
Program service revenue share
Part VIII 2g ÷ 12
9.6%70.8%
Highest reported compensation
Part VII-A, columns D–F
$708,358$274,992
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
24.34%1.18%
People paid over $100,000
Part VII, line 2
36
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
8.16.9
Independent voting board members
Part VI 1a–1b
5 of 5100.0%

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
$1.9M expenses · 85.7% of program spending · grants $2,100 · revenue $2.2M

Saint Therese of New Hope, established in 1968, is the very first of our specialized, innovative communities where we've have maintained a tradition of excellence with spacious living environments, broad activity calendars and personalized care. Here, you'll enjoy 11.34 acres of manicured gardens and walking paths, fresh coffee in our cafe rose and a robust pastoral care program with two chapels. At Saint Therese of New Hope, you'll find a warm, comfortable home, exceptional amenities and whatever level of support you need, whenever you need it

$310K expenses · 14.3% of program spending · revenue $433K

Saint Therese of New Hope is a delightful, welcoming senior community offering a full continuum of care. Our spacious apartments are ideal for senior living, while our on-site care center provides skilled nursing support in a thoughtful, compassionate environment. Saint Therese of New Hope has 220 apartments along with:long-term care - 115 bedstransitional care - 53 beds

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 & CEO
Officer, 1.00 hrs/week
$0$673,612$34,746$708,358
CFO
Officer, 1.00 hrs/week
$0$370,667$31,601$402,268
EXECUTIVE DIRECTOR
Highest compensated employee, 40.00 hrs/week
$122,266$0$14,559$136,825
HOUSE SUPERVISOR
Highest compensated employee, 40.00 hrs/week
$111,487$0$5,849$117,336
REGISTERED NURSE
Highest compensated employee, 40.00 hrs/week
$108,569$0$800$109,369

3 people received more than $100,000 in reportable compensation from Saint Therese of New Hope (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$27M$2.9M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$27M$2.9M74.7%$2.0M$708,358
FY2024 ⓘ$33M$32M84.2%$19M$644,589
FY2023 ⓘ$28M$33M85.3%$18M$422,834
FY2022 ⓘ$33M$30M86.8%$22M$443,661
FY2021 ⓘ$27M$28M84.0%$25M$369,417
FY2020 ⓘ$36M$37M85.7%$24M$327,752

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–1b5 · 5 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 15aYes
  • Board given the 990 before filing Part VI 11aYes
  • Family or business ties among insiders Part VI 2No
  • 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 5368
  • Volunteers Part I, line 622

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
ZELLNER SENIOR HEALTH CONSULTING
Healthcare agency services
$257,338

Individuals listed as contractors are left out. 1 contractors were paid more than $100,000 in all.

Correct a figure or respond

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

Similar-sized charities in this cause

All human services charities · Largest charities in Minnesota

Questions people ask

How much of Saint Therese of New Hope's spending goes to programs?

In the fiscal year ending June 30, 2025, Saint Therese of New Hope reported that 74.7% of its $2.9 million in expenses went to program services, 25.3% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Saint Therese of New Hope pay its top executive?

The largest total compensation Saint Therese of New Hope reported for one person in the fiscal year ending June 30, 2025 was $708,358, for the role of PRESIDENT & CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Saint Therese of New Hope get its money?

Of $27.5 million in revenue in the fiscal year ending June 30, 2025, 0.1% came from contributions and grants (including 0.1% from government grants) and 9.6% from program service revenue (Form 990, Part VIII).

Is Saint Therese of New Hope a registered charity?

The IRS lists EIN 41-0888641 as a 501(c)(3) organization (publicly supported organization (509(a)(2))), 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 202641329349301829 · read the filing
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541299349300234 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202411349349301046 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341319349304074 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231329349303808 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202121259349300527 · read the filing

All filings for EIN 41-0888641: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.