Overview
What is Victorian Woods Senior Living Inc C/O Lutheran Social Services Of Illinois?
Victorian Woods Senior Living Inc, a collaboration between Victorian Woods Senior Living Inc and Lutheran Social Services of Illinois, is a nonprofit organization situated in Des Plaines, Illinois. Their mission is to offer affordable housing and tailored services to elderly individuals, ensuring their health, security, happiness, and overall well-being. They operate a facility equipped with 59 units, all designed to cater to the unique needs of senior residents. Their primary activity involves providing subsidized housing for the elderly through the HUD program.
Official website here: www.lssi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Victorian Woods Senior Living Inc, associated with Lutheran Social Services of Illinois, has earned a Three-Star rating from Charity Navigator, reflecting a score of 81%. This score is derived solely from the Accountability & Finance beacon, indicating strong governance and financial management practices. The organization boasts a fully independent board, with 100% of its 13 members meeting this criterion, which underscores its commitment to accountability.
The nonprofit has received excellent scores in various areas, including a perfect 15 out of 15 points for its audit and oversight committee and a program expense ratio of 90.14%. These figures suggest that a significant portion of its resources is directed toward programmatic activities, which is a positive indicator for potential donors and stakeholders. Additionally, the organization adheres to best practices with documented policies for conflict of interest, whistleblower protections, and document retention.
However, while the financial management is commendable, the reported salaries for key personnel, such as the CEO earning $758,395, may raise questions regarding compensation levels in relation to the nonprofit sector. Overall, Victorian Woods Senior Living Inc demonstrates strong accountability and financial practices, but potential donors may wish to consider executive compensation levels in their assessments.
This AI summary has been generated from information found on Charity Navigator.
Is Victorian Woods Senior Living Inc C/O Lutheran Social Services Of Illinois legitimate?
Victorian Woods Senior Living Inc C/O Lutheran Social Services Of Illinois is a legitimate nonprofit organization registered as a 501(c)(3) entity. Victorian Woods Senior Living Inc C/O Lutheran Social Services Of Illinois submitted a form 990, which is a tax form used by tax-exempt organizations in the U.S., indicating its operational transparency and adherence to regulatory requirements. Donations to this organization are tax deductible.
Heare are some key statistics you may want to consider:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $146,841
For more financial information, click here
Official website here: www.lssi.org
What is the mission statement of Victorian Woods Senior Living Inc C/O Lutheran Social Services Of Illinois?
Victorian Woods Senior Living Inc, under the umbrella of Lutheran Social Services of Illinois, is established with the primary purpose of providing elderly individuals with housing facilities and services designed to cater to their unique needs. The organization's mission is to enhance the health, security, happiness, and productivity of the elderly residents, promoting their overall well-being. By offering affordable housing in a facility with 59 units, Victorian Woods Senior Living Inc aims to offer a comfortable living environment for the elderly, ensuring their needs are met and their quality of life is improved.
Official website here: www.lssi.org
Who is the CEO of Victorian Woods Senior Living Inc C/O Lutheran Social Services Of Illinois?
Mark A Stutrud is the Ceo of Victorian Woods Senior Living Inc C/O Lutheran Social Services Of Illinois. The CEO's salary of Victorian Woods Senior Living Inc C/O Lutheran Social Services Of Illinois is $0 and their total compensation is $821,672.
Official website here: www.lssi.org
What is the revenue of Victorian Woods Senior Living Inc C/O Lutheran Social Services Of Illinois?
Victorian Woods Senior Living Inc C/O Lutheran Social Services Of Illinois's revenue in 2023 was $621,045.
Official website here: www.lssi.org
Who are the executives of Victorian Woods Senior Living Inc C/O Lutheran Social Services Of Illinois and what are their salaries?
There 13 volunteers at Victorian Woods Senior Living Inc C/O Lutheran Social Services Of Illinois.
Here are 17 key members and their salaries (Victorian Woods Senior Living Inc C/O Lutheran Social Services Of Illinois's CEO's salary is $0 and their total compensation is $821,672):
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- Related: $758,395
- Other: $63,277
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- Related: $199,395
- Other: $3,353
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- Related: $120,681
- Other: $7,992
- Compensation: $0
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- Other: $0
Official website here: www.lssi.org
Where can I find the form 990 for Victorian Woods Senior Living Inc C/O Lutheran Social Services Of Illinois?
Victorian Woods Senior Living Inc C/O Lutheran Social Services Of Illinois's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lssi.org
Learn more at the official website: www.lssi.org
Mission Statement of Victorian Woods Senior Living Inc C/O Lutheran Social Services Of Illinois
Victorian Woods Senior Living Inc, affiliated with Lutheran Social Services of Illinois, is dedicated to serving the elderly community. Their primary mission is to provide elderly individuals with housing facilities that cater to their unique needs, promoting their health, security, happiness, and usefulness. The organization operates with a housing facility containing 59 units, specifically designed for affordable living. The aim of Victorian Woods Senior Living Inc is to offer a living environment that enhances the well-being of its elderly residents, ensuring they lead fulfilling and secure lives.
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Impact
July, 2024
Victorian Woods Senior Living Inc, run by Lutheran Social Services of Illinois, provides HUD subsidized housing for the elderly in Des Plaines, IL. With a facility offering 59 units of affordable housing, their impact lies in providing a secure and supportive environment for elderly individuals, catering to their specific needs and promoting their well-being, happiness, and sense of utility in the community. Through their mission, they contribute significantly to enhancing the quality of life for seniors in the area.
This information is meant to be a general summary of Victorian Woods Senior Living Inc C/O Lutheran Social Services Of Illinois. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $586
- Program Service Revenue: $608,809
- Gross Receipts: $621,045
Assets and Liabilities:
- Total Assets: $4,431,692
- Total Liabilities: $4,536,743
- Net Assets: -$105,051
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOVERNMENT CONTRACTS
Revenue
$372,936
TENANT RENTS
Revenue
$235,873
Organization Details
Founding Year
1994
Phone
(847) 635-4600Principal Officer
Mark A Stutrud
Main Address
1001 E TOUHY AVENUE 50, DES PLAINES, IL, 60018
Website
www.lssi.orgIf you are a representative of Victorian Woods Senior Living Inc C/O Lutheran Social Services Of Illinois and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.