Overview
What is Lutheran Social Ministries At Crane's Mill Inc?
Lutheran Social Ministries at Crane's Mill Inc is a faith-based continuing care retirement community located in Burlington, New Jersey. They operate on a campus offering housing and related services to 326 residents, including independent living units, assisted living units, assisted living dementia units, and a skilled nursing facility. The mission of this nonprofit, inspired by God's love, is to serve those in need or with limited choices through various healthcare and social services in New Jersey. With a workforce of 171 employees, Lutheran Social Ministries at Crane's Mill provides housing and care for residents based on certain criteria, with some residents benefiting from services at no charge or reduced rates.
Official website here: www.lsmnj.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Lutheran Social Ministries At Crane's Mill Inc has received a commendable Three-Star rating from Charity Navigator, indicating a solid level of overall performance and accountability. The organization demonstrates strong financial management, with a program expense ratio of 89.54%, meaning a significant portion of its expenditures goes directly toward its mission-related activities. The charity also showcases robust governance practices, including a majority independent board and comprehensive policies on conflicts of interest and whistleblowing.
While the organization excels in many areas, including having no material diversion of assets and an effective audit and oversight committee, some concerns may arise regarding the compensation of its key executives. For instance, the President & CEO's salary stands at $813,105, which might be viewed as high relative to the services provided. Such figures can sometimes lead to scrutiny regarding the allocation of funds and the overall efficiency of nonprofit operations.
In summary, Lutheran Social Ministries At Crane's Mill Inc is recognized for its strong adherence to financial integrity and governance standards, contributing positively to its mission. However, potential donors and supporters might want to consider the remuneration of its leadership and how it aligns with the organization's objectives and community impact.
This AI summary has been generated from information found on Charity Navigator.
Is Lutheran Social Ministries At Crane's Mill Inc legitimate?
Lutheran Social Ministries At Crane's Mill Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Social Ministries At Crane's Mill 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $5,036,098
For more financial information, click here
Official website here: www.lsmnj.org
What is the mission statement of Lutheran Social Ministries At Crane's Mill Inc?
Lutheran Social Ministries at Crane's Mill is driven by its mission to serve those in need or with limited choices through various health care and social services in New Jersey. This faith-based community operates a continuing care retirement community that offers housing, healthcare, and related services to residents. The organization provides accommodations for those living independently, requires assistance, or have dementia, encompassing a total of 276 independent living units, 48 assisted living units, 22 assisted living dementia units, and a 56-bed skilled nursing facility. In addition, Lutheran Social Ministries at Crane's Mill extends housing and care to residents based on specific criteria either for free or below estimated rates.
Official website here: www.lsmnj.org
Who is the CEO of Lutheran Social Ministries At Crane's Mill Inc?
Colleen P Frankenfield is the President & Ceo of Lutheran Social Ministries At Crane's Mill Inc. The CEO's salary of Lutheran Social Ministries At Crane's Mill Inc is $0 and their total compensation is $863,782.
Official website here: www.lsmnj.org
What is the revenue of Lutheran Social Ministries At Crane's Mill Inc?
Lutheran Social Ministries At Crane's Mill Inc's revenue in 2022 was $27,172,536.
Official website here: www.lsmnj.org
Who are the executives of Lutheran Social Ministries At Crane's Mill Inc and what are their salaries?
The average compensation at Lutheran Social Ministries At Crane's Mill Inc during 2022 was $29,451. There are 171 employees and 148 volunteers at Lutheran Social Ministries At Crane's Mill Inc.
Here are 18 key members and their salaries (Lutheran Social Ministries At Crane's Mill Inc's CEO's salary is $0 and their total compensation is $863,782):
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- Other: $0
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- Other: $0
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- Compensation: $0
- Related: $813,105
- Other: $50,677
- Compensation: $0
- Related: $288,329
- Other: $23,200
- Compensation: $183,585
- Related: $0
- Other: $13,471
- Compensation: $128,836
- Related: $0
- Other: $2,813
- Compensation: $110,988
- Related: $0
- Other: $5,959
- Compensation: $109,804
- Related: $0
- Other: $0
- Compensation: $105,230
- Related: $0
- Other: $0
Official website here: www.lsmnj.org
Where can I find the form 990 for Lutheran Social Ministries At Crane's Mill Inc?
Lutheran Social Ministries At Crane's Mill Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lsmnj.org
Learn more at the official website: www.lsmnj.org
Mission Statement of Lutheran Social Ministries At Crane's Mill Inc
Lutheran Social Ministries at Crane's Mill is a faith-based continuing care retirement community dedicated to serving those in need, individuals who are hurting, or those with limited choices. Through the power of the Holy Spirit and in response to God's love as revealed in the Gospel, this mission is brought to life.
Lutheran Social Ministries at Crane's Mill offers a comprehensive range of health care and social services for its residents. The community provides housing for over 276 independent living unit residents, 48 assisted living unit residents, 22 assisted living dementia unit residents, and a skilled nursing facility with 56 beds. This array of accommodations caters to various needs, ensuring that everyone receives the care they require.
Moreover, the organization extends its support beyond the campus by providing housing and care to residents who meet specific criteria at rates that are less than estimated or even free of charge. In doing so, Lutheran Social Ministries at Crane's Mill goes above and beyond to help those in need, staying true to its mission and values.
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Impact
October, 2024
Lutheran Social Ministries At Crane's Mill Inc significantly enhances the quality of life for its residents by providing a comprehensive range of housing and healthcare services tailored to the needs of older adults. With a diverse campus that includes 276 independent living units, 48 assisted living units, 22 assisted living dementia units, and a 56-bed skilled nursing facility, it fosters an environment that encourages community and connection.
The organization serves individuals who may be facing financial challenges by offering housing and care either at no charge or at reduced rates, ensuring that vital services are accessible to those who need them most. This commitment not only addresses immediate healthcare and housing needs but also contributes to a sense of dignity and respect for residents.
By integrating faith-based principles into its mission, Lutheran Social Ministries At Crane's Mill creates a supportive atmosphere where individuals can thrive, find companionship, and receive compassionate care, fundamentally transforming the landscape of senior living in Burlington, NJ. The combination of healthcare services and a strong sense of community empowers residents, allowing them to maintain independence while receiving the support necessary for their wellbeing.
This information is meant to be a general summary of Lutheran Social Ministries At Crane's Mill 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.
- Investment Income: $2,068,338
- Program Service Revenue: $24,445,305
- Gross Receipts: $44,437,927
Assets and Liabilities:
- Total Assets: $105,741,994
- Total Liabilities: $109,881,753
- Net Assets: -$4,139,759
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET RESIDENT SERVICES REVENUE
Revenue
$19,707,441
AMORT OF ADVANCE FEES
Revenue
$4,737,864
Organization Details
Founding Year
1995
Phone
(609) 386-7171Principal Officer
Colleen P Frankenfield
Main Address
3 MANHATTAN DRIVE, BURLINGTON, NJ, 08016
Website
www.lsmnj.orgNTEE Category
Code: P750 - Human services
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