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Compensation 990 is an independent service that uses public IRS Form 990 filings as its source data. We clean and standardize this information, but the original filings may contain errors or omissions. Years on this site refer to the organization’s fiscal year end date on the filing.

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Organizations Housing & Shelter The Homestead at Rochester Inc.

The Homestead at Rochester Inc.

Fiscal year ending 2024. Filed on April 22, 2025.

7485 Office Ridge Circle
Eden Prairie, Minnesota 55344

The Homestead at Rochester Inc. (EIN: 30-0186547) has filed an IRS Form 990 since at least fiscal year 2016. In its fiscal year 2024 IRS Form 990 filing, The Homestead at Rochester Inc., a 501(c)(3) charitable organization, reported compensation for 11 out of 154 total employees. Among the employees shown here, the average compensation is $337,782. The highest compensated employee at The Homestead at Rochester Inc. is King Michael W with fiscal year 2024 compensation of $825,085.

Revenue, expenses, and employee compensation

Revenue

$26,118,873

Expenses

$25,584,408

Employee compensation

$6,258,131
Revenue, expenses, and employee compensation over time

Reported Compensated Employees

King Michael W
President
$825,085
$0 $645,785 $179,300
King Kimberly B
ASST Treasurer/Asst. SEC
$505,657
$0 $432,820 $72,837
Budzynski Joseph A
ASST Treasurer/Asst. SEC
$449,025
$0 $340,552 $108,473
Nickell Jacci J
Senior Vice President, Healthcare
$351,198
$0 $257,555 $93,643
Soczynski Paul F
ASST Treasurer/Asst. SEC
$317,529
$0 $290,542 $26,987
Desjardins Peter J
ASST Treasurer/Asst. SEC
$298,349
$0 $258,187 $40,162
Gavin Nancy A
ASST Secretary/Asst. TRE
$275,370
$0 $180,262 $95,108
Nisivoccia David
ASST Treasurer/Asst. SEC
$220,517
$0 $215,519 $4,998
Paskoff David W
ASST Treasurer/Asst. SEC
$185,098
$0 $167,386 $17,712
Nutz Faith A
ASST Secretary/Asst. TRE
$159,860
$0 $138,895 $20,965
Stephen Okemwa
Certified Nursing Assistant
$127,914
$126,557 No related comp$1,357

Benchmark Employee Compensation

Non-Employee Board Members

Arnold Patti
Director
Bloom Shawn
Director
Carrington Edwina
Director
Edeburn Andy
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

VOA Home Health Services
Home Health
$2,444,652
Cura Hospitality LLC
Dietary
$1,774,403
Volunteers of America National Services
Management
$868,608
Centrex Rehab
Contract Therapy Provider
$736,701
Senior Care Solutions
Assisted Living
$273,716

Mission Statement

SEE SCHEDULE O

Revisions to this organization profile

April 22, 2025:
2024 The Homestead at Rochester Inc. 990 filed
May 9, 2024:
2023 The Homestead at Rochester Inc. 990 filed
May 9, 2023:
2022 The Homestead at Rochester Inc. 990 filed

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