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Governmental and Educational Assistance Corporation

Also known as Vista Prairie Communities

Champlin, MN · EIN 62-1691489 · 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

Governmental and Educational Assistance Corporation reported $59.0 million in revenue and $54.3 million in expenses for the fiscal year ending June 30, 2025. Of every $100 it spent, $85.40 went to program services, $14.60 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: 93.8% of the total. The highest compensation it reported for one person was $541,309 (CEO). 14 people received more than $100,000 in reportable compensation. Revenue rose 104% 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 $54M

For context, the median across 933 covered housing & shelter charities: $89.27 programs, $10.73 management, $0.00 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 $59M

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

FY2025 filing. Median across 933 covered charities in this category, from their latest filings.
MeasureFY2025Median
Program services
Part IX 25(B) ÷ 25(A)
85.4%87.5%
Management & general
Part IX 25(C) ÷ 25(A)
14.6%10.5%
Fundraising
Part IX 25(D) ÷ 25(A)
0.0%0.0%
Fundraising cost per $1 of contributions
Part IX 25(D) ÷ Part VIII 1h
Not reported$0.01
Contributions & grants share of revenue
Part VIII 1h ÷ 12
0.2%17.0%
Government grants share of revenue
Part VIII 1e ÷ 12
0.1%1.0%
Program service revenue share
Part VIII 2g ÷ 12
93.8%66.2%
Highest reported compensation
Part VII-A, columns D–F
$541,309$300,863
Highest compensation as share of expenses
Part VII-A ÷ Part IX 25(A)
1.00%1.57%
People paid over $100,000
Part VII, line 2
145
Net assets, in months of expenses
Part X 33(B) ÷ monthly expenses
2.510.0
Independent voting board members
Part VI 1a–1b
6 of 6100.0%

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
$46M expenses · 100.0% of program spending · revenue $55M

In FY2025, VPC served over 1,000 residents and employed a staff of over 750. The organization owned ten senior living communities, offering independent living, assisted living, care suites, and memory care across three states: Minnesota, Iowa and Wisconsin. VPC owns and directly manages all of the location.(Continued on Schedule O)VPC was incorporated in 1997 as a nonprofit organization for charitable purposes under its original name Governmental & Educational Assistance Corporation. In 2025, VPC provided over $4.4 million in charitable support to qualifying residents in various public…

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
CEO
Officer, 40.00 hrs/week
$487,408$0$53,901$541,309
CFO
Officer, 40.00 hrs/week
$301,859$0$27,325$329,184
CAO
Officer, 40.00 hrs/week
$255,687$0$37,975$293,662
COO
Officer, 40.00 hrs/week
$280,208$0$9,268$289,476
Regional Director
Highest compensated employee, 40.00 hrs/week
$158,968$0$42,890$201,858
Organizational Director of Healthcare
Highest compensated employee, 40.00 hrs/week
$159,950$0$19,415$179,365
Controller
Highest compensated employee, 40.00 hrs/week
$146,986$0$18,471$165,457
VP, Sales and Marketing
Highest compensated employee, 40.00 hrs/week
$158,446$0$6,317$164,763

14 people received more than $100,000 in reportable compensation from Governmental and Educational Assistance Corporation (Part VII, line 2). Compensation of current officers, directors and key employees totaled $1.6M (Part IX, line 5).

6 years of filings

Form 990, Parts I, VII, IX and X · each row is that year's own filing, linked
RevenueExpenses
$0$20M$40M$60M$80MFY2020FY2021FY2022FY2023FY2024FY2025$59M$54M
FilingRevenueExpensesProgramsNet assetsTop pay
FY2025 ⓘ$59M$54M85.4%$11M$541,309
FY2024 ⓘ$46M$44M84.2%$7.4M$516,152
FY2023 ⓘ$39M$37M80.9%$4.9M$390,745
FY2022 ⓘ$37M$34M81.3%$2.9M$378,790
FY2021 ⓘ$33M$30M80.9%$247K$319,291
FY2020 ⓘ$29M$29M80.6%−$2.7M$299,497

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–1b6 · 6 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 51,175
  • Volunteers Part I, line 675

Largest outside contractors

FY2025 · Form 990, Part VII, Section B · businesses only
St Augustine Manor
Property Management
$403,689
GrapeTree Medical Staffing INC
Temp Staffing
$263,471
Unity Consulting Company LLC
IT Consulting
$155,580
Eide Bailly LLP
Accounting/Audit
$138,830
Best and Flanagan
Legal Services
$103,159

Individuals listed as contractors are left out. 5 contractors were paid more than $100,000 in all.

Correct a figure or respond

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

Similar-sized charities in this cause

All housing & shelter charities · Largest charities in Minnesota

Questions people ask

How much of Governmental and Educational Assistance Corporation's spending goes to programs?

In the fiscal year ending June 30, 2025, Governmental and Educational Assistance Corporation reported that 85.4% of its $54.3 million in expenses went to program services, 14.6% to management and general and 0.0% to fundraising (Form 990, Part IX).

How much does Governmental and Educational Assistance Corporation pay its top executive?

The largest total compensation Governmental and Educational Assistance Corporation reported for one person in the fiscal year ending June 30, 2025 was $541,309, for the role of CEO (Form 990, Part VII, including compensation from related organizations and other compensation).

Where does Governmental and Educational Assistance Corporation get its money?

Of $59.0 million in revenue in the fiscal year ending June 30, 2025, 0.2% came from contributions and grants (including 0.1% from government grants) and 93.8% from program service revenue (Form 990, Part VIII).

Is Governmental and Educational Assistance Corporation a registered charity?

The IRS lists EIN 62-1691489 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 202600649349301030 · read the filing · XML
  • FY2024: Form 990 for the fiscal year ending June 30, 2024, object 202541259349301804 · read the filing
  • FY2023: Form 990 for the fiscal year ending June 30, 2023, object 202431249349300118 · read the filing
  • FY2022: Form 990 for the fiscal year ending June 30, 2022, object 202341329349303104 · read the filing
  • FY2021: Form 990 for the fiscal year ending June 30, 2021, object 202231299349301323 · read the filing
  • FY2020: Form 990 for the fiscal year ending June 30, 2020, object 202111319349303031 · read the filing

All filings for EIN 62-1691489: ProPublica Nonprofit Explorer · IRS Tax Exempt Organization Search. Figures are as the organization reported them; we have not audited them.