Overview
What is Crosby Senior Services?
Crosby Senior Services, situated in Roseville, Minnesota, is a nonprofit organization dedicated to enriching the lives and touching the hearts of older adults. Their campus offers various living arrangements, including 48 assisted living apartments, 12 memory care assisted living units, 50 independent senior apartments, and a 16-bed memory care specific assisted living house. To extend their reach, they also provide homecare services in nearby low-income housing buildings for senior residents. The mission of Crosby Senior Services is deeply rooted in honoring God, making it their purpose to uplift the lives of older adults in their community.
Official website here: www.preshomes.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Crosby Senior Services has earned a Three-Star rating on Charity Navigator, indicating a solid level of accountability and financial stability. Their score is based entirely on their Accountability & Finance metrics, which reflect a commitment to transparency and ethical governance. This score demonstrates effective management practices, including a fully independent board and comprehensive financial oversight.
The organization exhibits strong financial practices with a program expense ratio of 88.51%, meaning a significant portion of their expenditures is directed toward their programs rather than administrative costs. Additionally, they have robust policies in place, such as a conflict of interest policy and a whistleblower policy, further enhancing their credibility in the nonprofit sector.
However, a concern is raised by their liabilities to assets ratio, which stands at 150.19%. This may indicate potential financial risks that could impact their sustainability in the long run. While the organization shows strengths in governance and program execution, stakeholders might want to monitor their financial health closely.
This AI summary has been generated from information found on Charity Navigator.
Is Crosby Senior Services legitimate?
Crosby Senior Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Crosby Senior Services 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: $2,109,538
For more financial information, click here
Official website here: www.preshomes.org
What is the mission statement of Crosby Senior Services?
Crosby Senior Services is committed to enriching the lives and touching the hearts of older adults. Their mission is to honor God through their work, aiming to make a positive impact on this population. The organization provides various living options, including assisted living apartments, independent senior apartments, and a memory care specific assisted living house, catering to different needs. Additionally, they offer homecare services in nearby low-income housing buildings for senior residents. Overall, Crosby Senior Services strives to enhance the lives of older adults in a compassionate and faith-based manner.
Official website here: www.preshomes.org
Who is the CEO of Crosby Senior Services?
Mark Meyer is the Board Member of Crosby Senior Services. The CEO's salary of Crosby Senior Services is $0 and their total compensation is $0.
Official website here: www.preshomes.org
What is the revenue of Crosby Senior Services?
Crosby Senior Services's revenue in 2022 was $4,857,993.
Official website here: www.preshomes.org
Who are the executives of Crosby Senior Services and what are their salaries?
Here are 6 key members and their salaries (Crosby Senior Services's CEO's salary is $0 and their total compensation is $0):
- Compensation: $0
- Related: $0
- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
- Compensation: $0
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- Other: $0
Official website here: www.preshomes.org
Where can I find the form 990 for Crosby Senior Services?
Crosby Senior Services's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.preshomes.org
Learn more at the official website: www.preshomes.org
Mission Statement of Crosby Senior Services
Crosby Senior Services, a non-profit organization, is dedicated to honoring God by enriching the lives and touching the hearts of older adults. Their mission is centered around improving the well-being and bringing joy to elderly individuals. This mission is translated into various services they offer, including assisted living accommodations with specialized memory care units, independent living senior apartments, and homecare services for low-income senior residents. By providing a nurturing environment and personalized care, Crosby Senior Services aims to enhance the quality of life for older adults, demonstrating their commitment to fulfilling their mission.
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Impact
October, 2024
Crosby Senior Services significantly enhances the quality of life for older adults in the Crosby, Minnesota area. By providing a range of living options—ranging from independent living apartments to specialized memory care facilities—Crosby Senior Services ensures that seniors can find a community that meets their specific needs. The organization offers 48 assisted living apartments, including 12 dedicated to memory care, as well as 50 independent living apartments and a 16-bed memory care house.
In addition to housing, Crosby Senior Services extends its impact through home care services available in nearby low-income housing for seniors. This support allows elderly residents to maintain their independence while receiving essential assistance, thereby promoting dignity and well-being. By fostering an environment that prioritizes the emotional and spiritual needs of older adults, Crosby Senior Services not only enriches their lives but also touches their hearts, creating a meaningful and compassionate community focused on honoring and uplifting every individual.
This information is meant to be a general summary of Crosby Senior Services. 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: $770
- Program Service Revenue: $4,546,550
- Gross Receipts: $4,860,252
Assets and Liabilities:
- Total Assets: $13,502,503
- Total Liabilities: $20,279,749
- Net Assets: -$6,777,246
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICES
Revenue
$4,546,550
Organization Details
Founding Year
2006
Phone
(651) 631-6162Principal Officer
Mark Meyer
Main Address
2845 N HAMLINE AVE, ROSEVILLE, MN, 55113
Website
www.preshomes.orgNTEE Category
Code: L220 - Housing
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