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Organizations The Homestead at Montrose Inc.

The Homestead at Montrose Inc.

Fiscal year ending 2024. Filed on April 17, 2025.

7485 Office Ridge Circle
Eden Prairie, Minnesota 55344

The Homestead at Montrose Inc. (EIN: 41-1988486) has filed an IRS Form 990 since fiscal year 2017. In its fiscal year 2024 IRS Form 990 filing, The Homestead at Montrose Inc., a 501(c)(3) charitable organization, reported compensation for 10 out of 41 total employees. Among the employees shown here, the average compensation is $358,769. The highest compensated employee at The Homestead at Montrose Inc. is King Michael W with fiscal year 2024 compensation of $825,085.

Revenue, expenses, and employee compensation

Revenue

$2,767,156

Expenses

$3,124,924

Employee compensation

$1,250,354
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

King Michael W
President
$825,085
$0 $645,785 $179,300
King Kimberly B
Assistant Secretary and Assistant Treasurer
$505,657
$0 $432,820 $72,837
Budzynski Joseph A
Assistant Secretary and Assistant Treasurer
$449,025
$0 $340,552 $108,473
Nickell Jacci J
Senior Vice President, Healthcare
$351,198
$0 $257,555 $93,643
Soczynski Paul F
Assistant Secretary and Assistant Treasurer
$317,529
$0 $290,542 $26,987
Desjardins Peter J
Assistant Secretary and Assistant Treasurer
$298,349
$0 $258,187 $40,162
Gavin Nancy A
Assistant Secretary and Assistant Treasurer
$275,370
$0 $180,262 $95,108
Nisivoccia David
Assistant Secretary and Assistant Treasurer
$220,517
$0 $215,519 $4,998
Paskoff David W
Assistant Secretary and Assistant Treasurer
$185,098
$0 $167,386 $17,712
Nutz Faith A
Assistant Secretary and Assistant Treasurer
$159,860
$0 $138,895 $20,965

Benchmark Employee Compensation

Non-Employee Board Members

Arnold Patti
Director
Bloom Shawn
Director
Carrington Edwina
Director
Edeburn Andrew
Secretary
Erickson Karen
Treasurer
Hackett Karen
Director
Knapp Keith
Director
Mullen Beth
Director
Perkinsderrick
Vice Chair
Peterson Jeanne
Director
Rase Nancy
Chair
Sheridan Patrick
Director

Contractors

Volunteers of America National Services
Management Fees
$123,065

Mission Statement

SEE SCHEDULE O

Revisions to this organization profile

April 17, 2025:
2024 The Homestead at Montrose Inc. 990 filed
May 9, 2024:
2023 The Homestead at Montrose Inc. 990 filed
May 9, 2023:
2022 The Homestead at Montrose Inc. 990 filed

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