Overview
What is Lutheran Housing Development Corporation Of Pawling?
Lutheran Housing Development Corporation of Pawling is a nonprofit organization situated in Scarsdale, New York. Their primary mission is to provide affordable independent housing for the elderly population, with a total of 76 units available. This organization is dedicated to offering low-income housing options to senior citizens, contributing to their well-being and independence. With a team of three dedicated individuals, they strive to make a difference in the lives of those in need.
Official website here: www.tlcn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Lutheran Housing Development Corporation of Pawling has received a rating of 81%, indicating a strong performance in the area of accountability and finance. The organization has demonstrated exemplary practices, achieving high scores across various accountability metrics, including independent board membership and conflict of interest policies. This solid foundation of governance reflects positively on their commitment to transparency.
One of the organization's notable strengths is the high program expense ratio of 82.05%, suggesting that a significant portion of their budget is allocated to program services rather than administrative costs. Additionally, the presence of an independent audit and oversight committee signifies robust financial oversight. These factors contribute to a trustworthy reputation in managing donor funds effectively.
However, while the financial metrics are commendable, the compensation levels for key personnel, particularly the CEO, may raise questions among some stakeholders regarding salary structures in relation to the nonprofit sector. Overall, the organization appears to maintain a sound financial status with a strong commitment to ethical governance.
This AI summary has been generated from information found on Charity Navigator.
Is Lutheran Housing Development Corporation Of Pawling legitimate?
Lutheran Housing Development Corporation Of Pawling is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Housing Development Corporation Of Pawling 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: $190,629
For more financial information, click here
Official website here: www.tlcn.org
What is the mission statement of Lutheran Housing Development Corporation Of Pawling?
The Lutheran Housing Development Corporation's mission is centered around providing affordable independent living spaces. Specifically, their focus is on catering to the elderly and senior population. This organization strives to offer 76 such units, thus contributing to the housing needs of this demographic. In essence, the corporation's mission is to enhance the living conditions and provide a sense of independence for the elderly, ensuring they have access to suitable housing solutions.
Official website here: www.tlcn.org
Who is the CEO of Lutheran Housing Development Corporation Of Pawling?
Laraine Fellegara is the Chair of Lutheran Housing Development Corporation Of Pawling. The CEO's salary of Lutheran Housing Development Corporation Of Pawling is $0 and their total compensation is $457,973.
Official website here: www.tlcn.org
What is the revenue of Lutheran Housing Development Corporation Of Pawling?
Lutheran Housing Development Corporation Of Pawling's revenue in 2022 was $759,298.
Official website here: www.tlcn.org
Who are the executives of Lutheran Housing Development Corporation Of Pawling and what are their salaries?
The average compensation at Lutheran Housing Development Corporation Of Pawling during 2022 was $63,543. There are 3 employees and 6 volunteers at Lutheran Housing Development Corporation Of Pawling.
Here are 8 key members and their salaries (Lutheran Housing Development Corporation Of Pawling's CEO's salary is $0 and their total compensation is $457,973):
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $413,479
- Other: $44,494
- Compensation: $0
- Related: $138,664
- Other: $21,123
Official website here: www.tlcn.org
Where can I find the form 990 for Lutheran Housing Development Corporation Of Pawling?
Lutheran Housing Development Corporation Of Pawling's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.tlcn.org
Learn more at the official website: www.tlcn.org
Mission Statement of Lutheran Housing Development Corporation Of Pawling
Lutheran Housing Development Corporation of Pawling is committed to providing low-income housing for the elderly population. This mission is carried out by offering 76 units of affordable independent housing. The corporation's primary goal is to ensure that senior citizens have access to comfortable and affordable living spaces, thereby enhancing their quality of life. By providing such housing, the organization aims to address the unique needs and challenges faced by the elderly population, offering them a safe and secure living environment.
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Impact
July, 2024
Lutheran Housing Development Corporation of Pawling is making a direct impact by providing 76 units of affordable independent housing for the elderly in Scarsdale, NY. Their focus on low-income housing for seniors helps address a critical need in the community and enhances the quality of life for older individuals. This initiative supports the well-being and dignity of seniors by providing them with a safe and comfortable living environment. Through their dedicated efforts, Lutheran Housing Development Corporation of Pawling is contributing to creating a more inclusive and supportive society for the elderly population.
This information is meant to be a general summary of Lutheran Housing Development Corporation Of Pawling. 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 2022.
- Investment Income: $830
- Program Service Revenue: $755,495
- Gross Receipts: $759,298
Assets and Liabilities:
- Total Assets: $3,944,880
- Total Liabilities: $3,734,996
- Net Assets: $209,884
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT ASSISTANCE PAYM
Revenue
$400,032
APARTMENT RENTAL
Revenue
$355,463
Organization Details
Founding Year
1994
Phone
(914) 365-6365Principal Officer
Laraine Fellegara
Main Address
700 WHITE PLAINS ROAD STE 377 377, SCARSDALE, NY, 10583
Website
www.tlcn.orgNTEE Category
Code: L21 - Housing
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