PHS FOUNDERS RIDGE INC
Operates within the Presbyterian Homes & Services mission: to honor God by enriching the lives and touching the hearts of older adults.
About PHS FOUNDERS RIDGE INC
PHS Founders Ridge Inc is a nonprofit senior living community that operates as part of the Presbyterian Homes & Services (PHS) family. The community provides a continuum of care including independent living, brownstone residences, assisted living, enhanced assisted living and memory care to older adults in the Twin Cities area. The organization is registered under EIN 20-8335025 and files annual Form 990 returns; legal and filing records list its legal domicile in Minnesota. Founders Ridge applies PHS’s faith-based, resident-centered mission and programs to support aging in place, life-enrichment activities, and memory-care services for older adults. In the last 2–3 years Founders Ridge has continued publishing resident newsletters, maintained enhanced assisted-living care assessments and resident documents, and sustained program-focused operations as part of the larger PHS network serving older adults across the region.
Notable achievements
Comprehensive care continuum on campus
Operates a multi-level senior living campus that includes independent apartments, brownstone residences, assisted living units and a dedicated memory-care program to support residents across changing care needs.
Strong recent financial performance (FY2024)
Reported approximately $11.8 million in revenue for fiscal year 2024 with a positive operating surplus and a program-expense ratio in the mid‑80% range, indicating the majority of spending supports resident services and care.
Updated resident care and engagement materials
Published updated resident documents and Enhanced Assisted Living assessments and continued regular community newsletters and resident-activity programming within the past 2–3 years to support care planning and family communication.
At a glance
- Total assets
- $48.5M
- Annual revenue
- $11.8M
- Tax status
- 501(c)(3)Public charity
- EIN
- 20-8335025
- Location
- Roseville, MN
- On Mahalo since
- September 2026
Financial figures from the IRS Business Master File, the IRS’s registry of tax-exempt organizations.
Recognition
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