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Filing year 2022

Living Services Foundation

Minneapolis, Minnesota·EIN 41-1936717·NTEE E20 · Health Care·3
Total revenue
$2.2M
Total assets
$8.5M
Total expenses
$3.3M
Reported officers
5
Mission

The Foundation is organized and shall be operated primarily to own, maintain, operate and conduct, directly or indirectly, housing and long-term care facilities for the elderly and to assist and coordinate activities of facilities for health care, social services, education and research, and do any and all other acts and things and exercise any and all other rights and powers which may be reasonably necessary, incidental, desirable or expedient in the accomplishment of such purposes.

Executive compensation, broken down

Form 990 · Schedule J · 2 reported individuals · Filing year 2022

11/2022)/ceo/secretary/treasurer
$201k
$226k
Base
$201k
Bonus
Other
Benefits
$480
(jul-nov)/chair(beg 12/1/2022)
officer (unspecified)
$187k
$210k
Base
$187k
Bonus
Other
Benefits
$449

Teal figures restate each filed amount in 2026 dollars.

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Plus 3 unpaid individuals.

Browse compensation in Health Care

Down 7%
from 2021

From $216k in 2021 to $201k in 2022.

$216k
2021
$201k
2022
In today's dollarsEst.
Down 13% in real terms$261k to $226k

Estimated with Minneapolis-St.Paul-Bloomington, MN-WI metro-area CPI-U, restating filed pay into May 2026 dollars. A restatement of past pay, not current or projected pay.

Highest reported compensation in each year. Volunteer board members and partial-year payouts are filtered out.
Financial trend

Revenue and expenses over time

Living Services Foundation reported revenue and expenses across 2 filing years.

RevenueExpenses
$5.5M
$4.8M
2021
$2.2M
$3.3M
2022
Total revenue and total expenses from IRS Form 990 filings.
Sector benchmark

What Health Care executives earn in Minnesota

Comparable health care organizations in Minnesota pay their highest-earning executive a median of $98,834.

25th percentile
$35k
Median
$98,834
75th percentile
$242k
90th percentile
$667k

These are health care sector-wide figures, not this organization's reported pay. Based on 102 organizations across 102 filings (2021 – 2023).

See full Health Care pay data for Minnesota
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