Overview
What is The Lena And David T Wilentz Senior Residence Inc?
The Lena and David T Wilentz Senior Residence Inc is a nonprofit organization situated in Somerset, New Jersey. It specializes in providing low-income housing for the elderly, ensuring an environment that respects their traditions and values. The facility houses 100 apartments, with residents paying approximately 30% of their income in rent. The organization goes beyond just housing, offering meals, housekeeping, and personal assistance through a state-funded program called Congregate Housing Services. This comprehensive approach is designed to support the elderly in leading an active senior lifestyle. With a dedicated team of nine employees, the Wilentz Senior Residence Inc aims to provide personalized attention to its residents.
Official website here: www.wilfcampus.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81% (Three-Star out of Four Stars)
The Lena And David T Wilentz Senior Residence Inc has received a solid Three-Star rating from Charity Navigator, reflecting an 81% score primarily based on Accountability & Finance. This rating indicates a commendable level of transparency and good governance practices within the organization, which is evidenced by its perfect score for independent board members and strong financial oversight.
Strengths of the organization include a fully independent board and a robust accountability framework, including policies for conflict of interest and whistleblower protections. Furthermore, the program expense ratio is notably high at 84.72%, suggesting that a significant portion of funds is directed towards its mission-related activities rather than administrative costs.
While the financial health and governance policies are strong, the overall rating indicates there might be areas for improvement in other aspects that could enhance the charity's overall impact and effectiveness. However, the existing accountability measures provide a solid foundation for trust among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is The Lena And David T Wilentz Senior Residence Inc legitimate?
The Lena And David T Wilentz Senior Residence Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lena And David T Wilentz Senior Residence Inc 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: $85,891
Professional Fundraising Fees: $0
Other Salaries and Wages: $482,061
For more financial information, click here
Official website here: www.wilfcampus.org
What is the mission statement of The Lena And David T Wilentz Senior Residence Inc?
The Lena And David T Wilentz Senior Residence Inc's mission is focused on providing a senior housing environment that respects traditions and values. Their primary goal is to offer personalized attention to their elderly residents, enabling them to lead an active senior lifestyle. The residence operates as a federally subsidized low-income senior housing facility, with residents paying around 30% of their income in rent. Additionally, Wilentz Senior Residence provides meals, housekeeping, and personal assistance through a state-funded program called Congregate Housing Services. This program aims to support the residents in maintaining their independence and well-being while living in the community.
Official website here: www.wilfcampus.org
Who is the CEO of The Lena And David T Wilentz Senior Residence Inc?
Jennifer Weissman is the Executive Director of The Lena And David T Wilentz Senior Residence Inc. The CEO's salary of The Lena And David T Wilentz Senior Residence Inc is $0 and their total compensation is $264,044.
Official website here: www.wilfcampus.org
What is the revenue of The Lena And David T Wilentz Senior Residence Inc?
The Lena And David T Wilentz Senior Residence Inc's revenue in 2022 was $1,888,009.
Official website here: www.wilfcampus.org
Who are the executives of The Lena And David T Wilentz Senior Residence Inc and what are their salaries?
The average compensation at The Lena And David T Wilentz Senior Residence Inc during 2022 was $63,106. There are 9 employees and 11 volunteers at The Lena And David T Wilentz Senior Residence Inc.
Here are 12 key members and their salaries (The Lena And David T Wilentz Senior Residence Inc's CEO's salary is $0 and their total compensation is $264,044):
- Compensation: $0
- Related: $254,334
- Other: $9,710
- Compensation: $85,041
- Related: $0
- Other: $539
- 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: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $111,601
- Related: $0
- Other: $4,441
Official website here: www.wilfcampus.org
Where can I find the form 990 for The Lena And David T Wilentz Senior Residence Inc?
The Lena And David T Wilentz Senior Residence Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.wilfcampus.org
Learn more at the official website: www.wilfcampus.org
Mission Statement of The Lena And David T Wilentz Senior Residence Inc
The Lena and David T. Wilentz Senior Residence Inc is committed to providing a nurturing environment for elderly individuals, ensuring they can enjoy an active senior lifestyle. Their mission is centered around delivering personalized attention to each resident, respecting their traditions and values. This senior housing facility, consisting of 100 apartments, operates under a federally subsidized low-income housing program. Residents are expected to pay approximately 30% of their income towards rent. The Wilentz Senior Residence goes beyond basic housing, offering meal services, housekeeping, and personal assistance through a state-funded program called Congregate Housing Services. This comprehensive approach allows the senior residents to lead a fulfilling and well-supported life within the facility.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
The Lena and David T. Wilentz Senior Residence Inc. significantly enhances the quality of life for low-income seniors in Somerset, NJ, by providing affordable housing solutions in a supportive community environment. With 100 federally subsidized apartments, the residence allows its residents to allocate only about 30% of their income toward rent, thereby easing financial burdens and promoting stability.
Beyond housing, the Wilentz Senior Residence offers essential services such as meals, housekeeping, and personal assistance through a state-funded program called Congregate Housing Services. These services are designed to foster independence while ensuring that residents have access to the support they need. The facility's mission prioritizes personalized attention, allowing seniors to engage in active lifestyles within a context that respects their traditions and values.
By creating a nurturing environment, the residence not only addresses housing needs but also fosters a sense of community, connection, and dignity among its residents, ultimately enhancing their overall wellbeing and quality of life.
This information is meant to be a general summary of The Lena And David T Wilentz Senior Residence Inc. 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.
- Program Service Revenue: $1,838,051
- Gross Receipts: $1,888,009
Assets and Liabilities:
- Total Assets: $1,864,780
- Total Liabilities: $3,079,615
- Net Assets: -$1,214,835
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LOW INCOME HOUSING
Revenue
$1,704,637
CONGREGATE INCOME
Revenue
$133,414
Organization Details
Founding Year
1985
Phone
(732) 568-1155Principal Officer
Jennifer Weissman
Main Address
360 DEMOTT LANE, SOMERSET, NJ, 08873
Website
www.wilfcampus.orgNTEE Category
Code: L220 - Housing
If you are a representative of The Lena And David T Wilentz Senior Residence Inc 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.