Fraser FY2023 filing

Tax-deductible

Richfield, MN501(c)(3)Since 1935Human ServicesEIN 41-0781858

The fraser mission is to make a meaningful and lasting difference in the lives of children, adults, and families with special needs. The company accomplishes this by providing education, healthcare, and housing services.

501(c)(3) charity; gifts are tax-deductible.
70¢ of each $1 spent went to programs.
$423K paid to officers and key staff.
Mission: Form 990 Part I, line 1 · Status: IRS Pub. 78 · Programs: Part IX · Pay: Part VII

Before you give

FY2023 · Form 990Independent: from IRS data, not the org
Download 990
IRS status
501(c)(3)
not on the IRS revocation list
Looks good: listed by the IRS and not on the revocation list.
IRS BMF · Auto-Revocation List
Tax-deductible gifts
Yes
Donations are tax-deductible
Looks good: the IRS lists gifts to it as deductible.
IRS Pub. 78 · IRS BMF
Latest return
FY2024
latest Form 990
Looks good: the latest return is for FY2024, 2 tax years back; within 2 tax years.
IRS e-file · Filing history
Surplus or deficit
5 of 5
filings with a surplus
Average surplus $2.4M a year · 6% of revenue · last 5 filings
Looks good: a surplus in 5 of the last 5 filings.
Pt I · Ln 19 · 5 filings
Spent on programs
70%
of spending
Fine: 70% of spending went to programs; 65% to 75%.
Pt IX · Ln 25 · col B
Pay to officers and key staff
$423K
to officers and key staff · 1% of spending
Looks good: pay to officers and key staff is 1% of spending; 15% or less.
Pt VII · Sec A
Cash reserves
2 mo
of spending, in cash
Fine: 2.3 months of spending in cash; 1 to 3.
Pt X · Ln 1–2 · Pt I · Ln 18
Named funders
1
named funder · $65K
Fine: 1 funder names it on their filings; under 3.
Funders’ Sch. I, 990-PF
Liabilities
$13.4M
27% of total assets
Looks good: liabilities are 27% of assets; 50% or less.
Pt X · Ln 26
Independent board members
17
of 18 voting members
Looks good: 17 of 18 voting members are independent, a majority.
Pt VI · Ln 1a–1b
Looks goodFineWorth a lookConcernNo data yetTap a box for the reason.
Revenue
$43.3M
+5% vs prior year
Spent
$41.7M
To programs
70%
Net assets
$36.1M
By yearFY2020–FY2024
Revenue
$43.3M
FY2023▲ +5%
Revenue by fiscal year
FY2020$36.6M
FY2021$42.4M
FY2022$41.2M
FY2023$43.3M
FY2024$44.6M
Expenses
$41.7M
FY2023▲ +6%
Expenses by fiscal year
FY2020$34.9M
FY2021$35.8M
FY2022$39.5M
FY2023$41.7M
FY2024$44.0M
Net assets
$36.1M
FY2023▲ +8%
Net assets by fiscal year
FY2020$26.0M
FY2021$33.4M
FY2022$33.5M
FY2023$36.1M
FY2024$37.2M

From the FY2023 Form 990 · figures checked against the IRS filing · see the original

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You’re viewing the FY2023 filing — not the latest on file. See the latest (FY2024) →

Is it real?

Yes. Never revoked by the IRS. Latest filing on record: FY2024. IRS ruling in Oct 1957.

IRS Pub. 78 · IRS Auto-Revocation List · IRS Business Master File

Where the money goes

70 cents of each dollar spent went to programs.

Program services 70% · $29.2M Management & general 28% · $11.7M Fundraising 2% · $790K

Form 990 Part IX, line 25, columns B–D. Every line is in By the numbers.

Who runs it and what they're paid

24 people listed on the 990; $423K paid to officers and key staff.

Part VII, Section A · reportable compensation
CEO/Secretary/Vice Chair
$187,284Pt VII · Sec A
$107,447Pt VII · Sec A
Chief Marketing Officer
$65,450Pt VII · Sec A
IT Director
$62,525Pt VII · Sec A
Board Chair
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A
$0Pt VII · Sec A
Board Member
$0Pt VII · Sec A

Diane Cross’s $197K as CEO/Secretary/Vice Chair is at the 43rd percentile of top reported officer pay among 3122 $10–100M human services nonprofits. Peer set: organizations in the same NTEE major field of work and revenue-size band, compared on each org’s own highest-paid officer/key-employee, from Form 990 Part VII / 990-PF Part VIII. Descriptive placement, not a verdict on whether the pay is appropriate.

Compensation history total reportable pay by year · 8 named individuals · Part VII

NameFY2024FY2023FY2022FY2021FY2020
Diane Cross$196,688$187,284$158,754$166,642$145,000
Debora Salhus————$138,440
James Olson$106,570$107,447$88,880$56,172—
Janice Luker——$99,688$105,419$91,360
Janet Moser——$86,958$86,761$73,766
Michael Nass———$64,647$82,125
Matthew Chiodo$57,083$62,525$62,789$70,341$61,446
Nancy Baldrica$60,370$65,450———

Total reportable compensation (Form 990 Part VII column D / Schedule J column E) by filing year, matched by name within this organization. The Schedule J base / bonus / deferred breakdown is not parsed into this dataset.

See Fraser executive salaries →

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Questions the 990 asks

The form asks each of these directly. These are the filed answers.

  • Family or business ties among officersPt VI · Ln 2No
  • Top official's pay set by an independent reviewPt VI · Ln 15aYes

Programs and updates

Provides education, healthcare, and housing to improve lives of individuals with special needs.

Provided by the organization

This section is blank until Fraser claims this page.

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3 program services account for $27.0M of program spending, described in the organization's own filed words · FY2023.
01

Fraser community living operates 27 homes for adults and children with developmental disabilities, serving up to 107 clients. These single-family houses are located in various suburban neighborhoods.

$13.6Mprogram expense
02

Fraser case management is designed to help individuals and families access and navigate the complex social and medical services system. Case management helps individuals with intellectual and development disabilities and those with mental health conditions gain access to needed resources.

$7.3Mprogram expense
03

Fraser rehab therapy (formerly pediatric therapy) provides comprehensive rehabilitation services for children with motor and sensory dysfunction, decreased functional and developmental skills, feeding and swallowing difficulties, and speech, language, and hearing disorders.

$6.2Mprogram expense

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Funders

Who pays for it.

From grant filings on record. Receipts are incomplete: individual donors are never listed.

Grants

Schedule I · funders on record
Grants received · FY2025
Total grants receivedfrom 1 funder$65K

By the numbers

The FY2023 990, line by line.

1The main four
Money inPt VIII
$43.3M
Ln 12
Fees for servicesLn 2g$35.7M
Other incomeLn 4–11$4.5M
Gifts and grantsLn 1h$2.1M
Money outPt IX
$41.7M
Ln 25
Programscol B$29.2M
Managementcol C$11.7M
Fundraisingcol D$790K
Owns and owesPt X
$36.1M
net assets · Ln 32
Cash and savingsLn 1–2$7.8M
Total assetsLn 16$49.5M
LiabilitiesLn 26$13.4M
PeoplePt VI, VII
24
listed · VII A
PaidVII A4
Voting boardVI 1a18
IndependentVI 1b17
2In more detail
Revenue in detailPt VIII
Gifts and grantsLn 1h$2.1M
Noncash giftsLn 1g$72K
Fundraising eventsLn 1c$827K
Fees for servicesLn 2g$35.7M
Investment incomeLn 3$990K
Other incomeLn 4–11$4.5M
Gains on assetsLn 7$527K
Total revenueLn 12$43.3M
Assets in detailPt X, end of year
CashLn 1$4.6M
SavingsLn 2$3.3M
Cash and savings togetherLn 1–2$7.8M
InvestmentsLn 11–13$10.4M
Land, buildings, equipmentLn 10c$21.3M
Other assetsLn 15$5.3M
Total assetsLn 16$49.5M
LiabilitiesLn 26$13.4M
Net assetsLn 32$36.1M
OperationsPt I, VI
EmployeesI 52,194
VolunteersI 694
Fiscal year endsHeaderDecember
Conflict-of-interest policyVI 12aYes
Whistleblower policyVI 13Yes
Records policyVI 14Yes
3Year over year
Balance sheet, start vs end of yearPt X · col A, B
LineStart FY23End FY23
Cash and savingsLn 1–2$13.0M$7.8M
InvestmentsLn 11–13$8.0M$10.4M
Land, buildings, equipmentLn 10c$21.6M$21.3M
Total assetsLn 16$52.3M$49.5M
LiabilitiesLn 26$18.9M$13.4M
Net assetsLn 32$33.5M$36.1M
4Every line
Statement of functional expensesPt IX · every line
LineTotalProgramsManagementFundraising
Grants to domestic individualsLn 2$1K$1K
Pay of current officers, directors and key staffLn 5$307K$307K
Other salaries and wagesLn 7$28.9M$22.1M$6.2M$563K
Pension plan contributionsLn 8$432K$292K$128K$12K
Other employee benefitsLn 9$2.3M$1.7M$569K$57K
Payroll taxesLn 10$2.1M$1.7M$447K$41K
Legal feesLn 11b$2K$2K
Accounting feesLn 11c$137K$137K
Lobbying feesLn 11d$30K$30K
Other fees for servicesLn 11g$1.9M$574K$1.3M$44K
Advertising and promotionLn 12$293K$293K$150
Office expensesLn 13$1.3M$273K$969K$30K
Information technologyLn 14$76K$76K
OccupancyLn 16$710K$572K$138K
TravelLn 17$227K$207K$18K$2K
Conferences, conventions and meetingsLn 19$125K$58K$65K$3K
InterestLn 20$26K$19K$7K
Depreciation, depletion and amortizationLn 22$787K$443K$344K
Other expenses (24a–d)Ln 24$1.7M$808K$840K$21K
All other expensesLn 24e$268K$118K$133K$17K
Total functional expensesLn 25$41.7M$29.2M$11.7M$790K

Filing history

YearMoney inMoney outIn minus outNet assetsDownload
FY2024 Latest $44.6M$44.0M$577K$37.2M 990 PDF
FY2023 Viewing $43.3M$41.7M$1.6M$36.1M 990 PDF
FY2022 $41.2M$39.5M$1.7M$33.5M 990 PDF
FY2021 $42.4M$35.8M$6.6M$33.4M 990 PDF
FY2020 $36.6M$34.9M$1.7M$26.0M 990 PDF

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Schedules filed Part IV

III · Programs I · Grants R · Related orgs G · Fundraising L · Interested persons A · Public support F · Foreign M · Noncash
See the full FY2023 990 (4 parts)
Part VIII · Statement of revenue $43,277,961 across 10 lines filed
VIII-1c Fundraising events$827,097
VIII-1f All other contributions, gifts and grants$1,223,062
VIII-1g Noncash contributions (included above)$72,375
VIII-1h Total contributions, gifts and grants$2,050,159
VIII-2a-f Program service revenue, itemized rows (sum of 2a–2f as filed)Related to mission $35,719,081$35,719,081
VIII-3 Investment incomeExcluded from tax $462,814$462,814
VIII-7 Net gain or loss on sales of assetsExcluded from tax $526,839$526,839
VIII-8 Net income from fundraising eventsExcluded from tax −$259,579−$259,579
VIII-11a-d Other revenue, itemized rows (sum of 11a–11d as filed)Related to mission $4,778,647$4,778,647
VIII-12 Total revenueRelated to mission $40,497,728 · Unrelated business $0 · Excluded from tax $730,074$43,277,961
Part IX · Statement of functional expenses $41,669,976 across 20 lines filed
IX-2 Grants to domestic individualsPrograms $1,200$1,200
IX-5 Pay of current officers, directors and key staffPrograms $307,280$307,280
IX-7 Other salaries and wagesPrograms $22,096,385 · Management $6,228,529 · Fundraising $562,570$28,887,484
IX-8 Pension plan contributionsPrograms $292,403 · Management $127,837 · Fundraising $11,542$431,782
IX-9 Other employee benefitsPrograms $1,708,360 · Management $569,443 · Fundraising $57,386$2,335,189
IX-10 Payroll taxesPrograms $1,652,567 · Management $446,979 · Fundraising $40,768$2,140,314
IX-11b Legal feesPrograms $1,748$1,748
IX-11c Accounting feesManagement $137,000$137,000
IX-11d Lobbying feesManagement $30,000$30,000
IX-11g Other fees for servicesPrograms $573,529 · Management $1,327,804 · Fundraising $44,357$1,945,690
IX-12 Advertising and promotionManagement $293,229 · Fundraising $150$293,379
IX-13 Office expensesPrograms $272,609 · Management $968,535 · Fundraising $30,061$1,271,205
IX-14 Information technologyPrograms $75,616$75,616
IX-16 OccupancyPrograms $571,707 · Management $138,062$709,769
IX-17 TravelPrograms $207,334 · Management $17,710 · Fundraising $1,822$226,866
IX-19 Conferences, conventions and meetingsPrograms $57,607 · Management $64,657 · Fundraising $2,838$125,102
IX-20 InterestPrograms $19,392 · Management $6,999$26,391
IX-22 Depreciation, depletion and amortizationPrograms $443,398 · Management $343,790$787,188
IX-24 Other expenses (24a–d)Programs $807,792 · Management $839,674 · Fundraising $21,387$1,668,853
IX-24e All other expensesPrograms $117,937 · Management $132,533 · Fundraising $17,450$267,920
IX-25 Total functional expensesPrograms $29,206,864 · Management $11,672,781 · Fundraising $790,331$41,669,976
Part X · Balance sheet $49,539,638 assets, 18 lines filed
X-1 Cash, non-interest-bearingStart of year $3,027,208$4,567,413
X-2 Savings and temporary cash investmentsStart of year $9,937,234$3,271,451
X-3 Pledges and grants receivableStart of year $5,000$4,000
X-4 Accounts receivableStart of year $4,254,509$3,950,831
X-9 Prepaid expenses and deferred chargesStart of year $647,362$697,148
X-10c Land, buildings and equipment, netStart of year $21,643,459$21,344,939
X-11 Publicly traded securitiesStart of year $7,975,403$10,378,241
X-14 Intangible assetsStart of year $37,298$31,189
X-15 Other assetsStart of year $4,816,457$5,294,426
X-16 Total assetsStart of year $52,343,930$49,539,638
X-17 Accounts payable and accrued expensesStart of year $7,222,156$7,021,139
X-20 Tax-exempt bond liabilitiesStart of year $647,246$567,177
X-25 Other liabilitiesStart of year $4,483,355$229,241
X-26 Total liabilitiesStart of year $18,856,852$13,421,024
X-27 Net assets without donor restrictionsStart of year $32,165,890$34,711,779
X-28 Net assets with donor restrictionsStart of year $1,321,188$1,406,835
X-32 Total net assets or fund balancesStart of year $33,487,078$36,118,614
X-33 Total liabilities and net assetsStart of year $52,343,930$49,539,638
Part XI · Reconciliation of net assets $36,118,614 net assets at year end
XI-1 Total revenue$43,277,961
XI-2 Total expenses$41,669,976
XI-3 Revenue less expenses$1,607,985
XI-4 Net assets at start of year$33,487,078
XI-5 Net unrealized gains (losses) on investments$1,033,657
XI-9 Other changes in net assets−$10,106
XI-10 Net assets at end of year$36,118,614

Form 990 e-file (XML) FY2023 from the IRS · Classification, formation year and address from the IRS Business Master File

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