Overview
What is Palos Park Senior Housing Nfp?
Palos Park Senior Housing Nfp is a nonprofit organization situated in Chicago, Illinois, specifically at 721 N La Salle St, 60654. Their primary focus is to cater to the elderly population, offering housing and essential services to address their physical, social, and emotional needs. The St. Francis of Assisi Residence, under their care, accommodates approximately 81 residents. This organization aims to ensure a comfortable and supportive living environment for the elderly, fostering their overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
Palos Park Senior Housing Nfp has received a Three-Star rating from Charity Navigator, indicating a moderate level of financial health and accountability. The overall score is based solely on the Accountability & Finance category, where the organization scored 79%. This reflects a commitment to responsible financial management and transparency, which is essential for nonprofit organizations.
The organization demonstrates strong performance in various accountability measures, scoring full points in areas such as audit oversight, conflict of interest policy, and whistleblower protection. Additionally, it maintains a favorable liabilities to assets ratio of 2.56%, showcasing solid financial stability. With a program expense ratio of 73.06%, a significant portion of its resources is directed towards its mission-related activities.
While the rating suggests a good level of accountability, potential donors and stakeholders might still want to consider other aspects such as impact metrics or program effectiveness that are not captured in this rating. Overall, the organization's financial practices appear robust, although further insights into its program outcomes would enhance understanding of its effectiveness in serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is Palos Park Senior Housing Nfp legitimate?
Palos Park Senior Housing Nfp is a legitimate nonprofit organization registered as a 501(c)(3) entity. Palos Park Senior Housing Nfp 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: $197,654
For more financial information, click here
What is the mission statement of Palos Park Senior Housing Nfp?
Palos Park Senior Housing NFP is committed to providing housing and essential services for the elderly, addressing their physical, social, and psychological needs. The organization's mission is to create an environment that caters to the elderly, ensuring their overall well-being. The St. Francis of Assisi Residence, under their care, accommodates around 81 residents, providing them with a suitable living space.
Who is the CEO of Palos Park Senior Housing Nfp?
Elida Hernandez is the Chairman of Palos Park Senior Housing Nfp.
What is the revenue of Palos Park Senior Housing Nfp?
Palos Park Senior Housing Nfp's revenue in 2023 was $1,038,728.
Who are the executives of Palos Park Senior Housing Nfp and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $255,227
- Other: $40,428
- Compensation: $0
- Related: $227,328
- Other: $23,839
- Compensation: $0
- Related: $137,144
- Other: $49,028
- Compensation: $0
- Related: $146,128
- Other: $36,319
- Compensation: $0
- Related: $122,439
- Other: $9,518
- Compensation: $0
- Related: $104,894
- Other: $17,523
- Compensation: $0
- Related: $92,738
- Other: $20,249
- Compensation: $0
- Related: $69,813
- Other: $29,271
Where can I find the form 990 for Palos Park Senior Housing Nfp?
Palos Park Senior Housing Nfp's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Palos Park Senior Housing Nfp
Palos Park Senior Housing NFP, as a nonprofit organization, is devoted to catering to the needs of the elderly. Their mission involves providing suitable housing and essential services to address the physical, social, and psycho-social requirements of this demographic. By doing so, they aim to enhance the quality of life for their elderly residents, ensuring they live with dignity and comfort. The St. Francis of Assisi Residence, operated by Palos Park Senior Housing NFP, houses around 81 residents, providing them with a supportive and nurturing environment.
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Impact
October, 2024
Palos Park Senior Housing NFP significantly enhances the quality of life for elderly residents by providing not just housing, but a comprehensive array of services tailored to meet their physical, social, and psycho-social needs. The St. Francis of Assisi Residence, accommodating around 81 residents, fosters a supportive community environment, promoting engagement and interaction among seniors. This setting not only addresses the essential needs of its residents but also helps combat isolation and loneliness, creating a sense of belonging. By prioritizing the holistic well-being of elderly individuals, Palos Park Senior Housing NFP plays a crucial role in enriching lives, ensuring that seniors maintain dignity and connection throughout their later years.
This information is meant to be a general summary of Palos Park Senior Housing Nfp. 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: $1,539
- Program Service Revenue: $1,018,043
- Gross Receipts: $1,038,728
Assets and Liabilities:
- Total Assets: $9,836,686
- Total Liabilities: $252,033
- Net Assets: $9,584,653
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fees & Contracts Gov Agencies
Revenue
$679,748
Resident Rental Fees
Revenue
$338,295
Organization Details
Phone
(312) 655-7000Principal Officer
Elida Hernandez
Main Address
721 N La Salle St, Chicago, IL, 60654
NTEE Category
Code: L22 - Housing
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