Overview
What is Living Solutions Ii?
Living Solutions II is a nonprofit organization situated in Mora, Minnesota, with a specific focus on providing supportive housing for the elderly. Their mission is centered around offering a nurturing environment for the elderly, ensuring they have the necessary care and support. The organization's activities are tailored towards this goal, making housing a priority for this vulnerable demographic. By offering supportive housing, Living Solutions II aims to enhance the quality of life for the elderly in their community.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Two-Star out of Four Stars (Needs Improvement)
Living Solutions II has received a rating of 73% from Charity Navigator, indicating a need for improvement in certain areas of organizational governance and transparency. While the organization's accountability and finance score is solid, the overall two-star rating suggests that there are significant aspects requiring attention.
One of the notable strengths of Living Solutions II is its commitment to having an independent board, with 100% of its seven members meeting this criterion. Additionally, the organization has demonstrated effective management of its resources, evidenced by a low liabilities to assets ratio of 0.70% and a strong program expense ratio of 76.93%, indicating that a significant portion of its budget is allocated towards its programs.
However, there are several areas of concern that have impacted the overall score. Missing policies related to conflict of interest, whistleblower protection, and document retention raise questions about governance practices. Additionally, the absence of certain disclosures on its website, such as the tax form and organization policies, suggests a lack of transparency that could affect stakeholder trust. Addressing these limitations could improve the nonprofit's rating and enhance its operational integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Living Solutions Ii legitimate?
Living Solutions Ii is a legitimate nonprofit organization registered as a 501(c)(3) entity. Living Solutions Ii 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:
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What is the mission statement of Living Solutions Ii?
Living Solutions II is dedicated to providing supportive housing for the elderly. Their mission is to offer a living environment that caters to the needs of the elderly, ensuring they can age with dignity and independence. The organization's purpose is to create a home where elderly individuals can receive the necessary care and assistance, enabling them to maintain their quality of life. Living Solutions II strives to create a community where elderly residents feel valued and supported, fostering a sense of belonging and well-being. The organization's focus is on providing a safe, comfortable, and nurturing environment, promoting the overall well-being of its elderly residents.
Who is the CEO of Living Solutions Ii?
Gregory Arnder is the Chair of Living Solutions Ii.
What is the revenue of Living Solutions Ii?
Living Solutions Ii's revenue in 2022 was $142,298.
Who are the executives of Living Solutions Ii and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for Living Solutions Ii?
Living Solutions Ii's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Living Solutions Ii
Living Solutions II is committed to providing supportive housing for the elderly. This nonprofit organization's purpose is to offer a safe and nurturing environment for senior citizens, ensuring they have the resources and care they need. By providing supportive housing, Living Solutions II strives to enhance the quality of life for the elderly, allowing them to age with dignity and independence.
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Impact
October, 2024
Living Solutions II significantly impacts the community by providing supportive housing for the elderly in Mora, MN. This initiative ensures that older adults have access to safe, secure, and nurturing living environments that cater to their specific needs. By focusing on supportive housing, Living Solutions II helps enhance the quality of life for seniors, enabling them to maintain independence while receiving the assistance they require.
This housing approach not only addresses physical accommodations but also fosters a sense of community and belonging among residents. Such support can lead to improved mental well-being, reduced feelings of isolation, and a greater overall sense of security. Furthermore, by prioritizing the needs of the elderly, Living Solutions II plays an essential role in mitigating potential issues related to crime, contributing to the overall safety and well-being of the Mora community.
This information is meant to be a general summary of Living Solutions Ii. 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: $108
- Program Service Revenue: $135,078
- Gross Receipts: $142,298
Assets and Liabilities:
- Total Assets: $1,604,621
- Total Liabilities: $12,128
- Net Assets: $1,592,493
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$88,898
HUD TENANT ASSIST PAYMENTS
Revenue
$46,180
Organization Details
Founding Year
2007
Phone
(320) 679-4789Principal Officer
Gregory Arnder
Main Address
160 VALHALLA CIRCLE, MORA, MN, 55051
NTEE Category
Code: I22 - Crime
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