Liberty Lutheran Housing Development Corporation

The Village At Penn State

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 223876595 ✦ State college, PA ✦ Designated as a 501(c)(3)

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Overview

What is Liberty Lutheran Housing Development Corporation?

Liberty Lutheran Housing Development Corporation, also known as The Village at Penn State, is a nonprofit organization based in State College, Pennsylvania. This 501(C)(3) organization provides senior living options with a focus on wellness amenities, including independent living, personal care, short-term rehabilitation, and long-term skilled nursing care. The community's connection to Penn State University and its proximity to campus contribute to a vibrant and active lifestyle for residents. With a team of 219 employees, The Village at Penn State offers a premier retirement community experience in State College, Pennsylvania.


Official website here: www.villageatpennstate.org

What are the reviews and ratings of this charity?

Rating from Charity Navigator: 81%, Three-Star out of Four Star rating.

Liberty Lutheran Housing Development Corporation has received an 81% score, reflecting a solid level of accountability and financial management. The rating is based entirely on its Accountability & Finance score, which indicates that the organization demonstrates effective governance practices and a commitment to transparency. Notably, the organization boasts a fully independent board, highlighting its dedication to ethical oversight.

The nonprofit has excelled in various areas, scoring full marks in multiple categories, such as its independent board size and the presence of key policies like conflict of interest and whistleblower protections. Additionally, the program expense ratio of over 82% suggests that a significant portion of its resources is directed toward its mission-related activities.

While the overall score is commendable, potential supporters may want to consider the limited focus of the rating, which solely emphasizes accountability and financial metrics. This means that other aspects of the organization, such as program effectiveness or community impact, are not reflected in the score.


This AI summary has been generated from information found on Charity Navigator.

Is Liberty Lutheran Housing Development Corporation legitimate?

Liberty Lutheran Housing Development Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Liberty Lutheran Housing Development Corporation 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: $134,052
Professional Fundraising Fees: $0
Other Salaries and Wages: $4,240,962

For more financial information, click here


Official website here: www.villageatpennstate.org

What is the mission statement of Liberty Lutheran Housing Development Corporation?

Liberty Lutheran Housing Development Corporation, operating as The Village at Penn State, is a non-profit retirement community that fosters an active and vibrant lifestyle for its residents. Located in Pennsylvania, this senior living community offers various living options and wellness amenities, including independent living, personal care, short-term rehabilitation, and long-term skilled nursing care. The organization's unique connection to Pennsylvania State University enhances the experience for residents, enabling them to engage in a lively and engaged community. The mission of Liberty Lutheran Housing Development Corporation is to provide a premier retirement living experience for its residents, leveraging the relationship with Penn State University to enrich their lives.


Official website here: www.villageatpennstate.org

Who is the CEO of Liberty Lutheran Housing Development Corporation?

Luanne Fisher is the President of Liberty Lutheran Housing Development Corporation.


Official website here: www.villageatpennstate.org

What is the revenue of Liberty Lutheran Housing Development Corporation?

Liberty Lutheran Housing Development Corporation's revenue in 2022 was $14,594,791.


Official website here: www.villageatpennstate.org

Who are the executives of Liberty Lutheran Housing Development Corporation and what are their salaries?

The average compensation at Liberty Lutheran Housing Development Corporation during 2022 was $19,977. There are 219 employees and 55 volunteers at Liberty Lutheran Housing Development Corporation.


Here are 15 key members and their salaries:


Beverly Bortz (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Luanne Fisher (President)
  • Compensation: $0
  • Related: $451,777
  • Other: $35,848
Fred Hopke (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Keddie (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Campbell (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Ducato (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nikki Hill (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Steve Lynn (Secretary & Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Nancy Silvis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Marty Sliwinski (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sally Williams (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Tamia Kramer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Barnum (Senior Vp/Cfo)
  • Compensation: $0
  • Related: $260,929
  • Other: $15,699
Joan Myers (Senior Vp/Coo)
  • Compensation: $0
  • Related: $258,888
  • Other: $15,511
Ellen Corbin (Executive Director)
  • Compensation: $132,214
  • Related: $0
  • Other: $5,172


Official website here: www.villageatpennstate.org

Where can I find the form 990 for Liberty Lutheran Housing Development Corporation?

Liberty Lutheran Housing Development Corporation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.villageatpennstate.org

Learn more at the official website: www.villageatpennstate.org

Mission Statement of Liberty Lutheran Housing Development Corporation

Liberty Lutheran Housing Development Corporation, also known as The Village at Penn State, is a leading non-profit retirement community that fosters an active and vibrant lifestyle. Located in Pennsylvania, this senior living community provides a range of living options and wellness amenities, including independent living, personal care, short-term rehabilitation, and long-term skilled nursing care. The organization's unique connection to Penn State University sets it apart, offering residents an engaging and productive community experience.

The mission of Liberty Lutheran Housing Development Corporation is to provide a premier retirement community where seniors can live vibrantly. With its association with Penn State University, the organization offers residents a wealth of opportunities to stay active and engaged. The community provides various services and amenities that cater to the needs of older adults, ensuring they can maintain their independence and overall well-being. Through its commitment to fostering an enriching environment, The Village at Penn State empowers its residents to lead fulfilling and meaningful lives.

Furthermore, the non-profit organization strives to create a sense of community and connection among its residents. By offering diverse programs, activities, and resources, it encourages social interaction and fosters a strong sense of camaraderie. This inclusive and welcoming atmosphere allows seniors to feel at home and valued, making their transition into retirement a smooth and enjoyable experience.

In summary, Liberty Lutheran Housing Development Corporation, also known as The Village at Penn State, is a renowned non-profit senior living community that offers a vibrant and enriching lifestyle. With its unique connection to Penn State University, it provides residents with a wealth of opportunities to stay active, engaged, and independent. Through its commitment to fostering a strong sense of community and offering diverse programs and services, the organization empowers its residents to live fulfilling and meaningful lives.

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Impact




October, 2024

Liberty Lutheran Housing Development Corporation operates The Village at Penn State, a premier retirement community located in State College, Pennsylvania. This community fosters a vibrant and active lifestyle, thanks in part to its unique relationship with Pennsylvania State University. Residents benefit from a range of living options, including independent living, personal care, short-term rehabilitation, and long-term skilled nursing care.

The proximity to the university enhances cultural, educational, and recreational opportunities, allowing residents to engage with the wider community and participate in various events and local programs. By providing comprehensive wellness amenities and a supportive environment, The Village at Penn State significantly improves the quality of life for older adults, promoting both physical health and social well-being. This commitment not only enriches the lives of individual residents but also strengthens the fabric of the local community, fostering intergenerational connections and lifelong learning.




This information is meant to be a general summary of Liberty Lutheran Housing Development Corporation. 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.

Revenue
$14,594,791 (2022)
Expenses
$14,334,314 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $93,228
  • Program Service Revenue: $14,414,726
  • Gross Receipts: $16,023,855

Assets and Liabilities:

  • Total Assets: $53,784,628
  • Total Liabilities: $49,427,622
  • Net Assets: $4,357,006

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RESIDENTIAL FACILITY SERVICE CHAR

Revenue

$8,200,361

AMORTIZATION OF DEFERRED ENTRANCE

Revenue

$3,097,085

MEDICAL CARE FACILITY SERVICE CHA

Revenue

$2,446,651

PERSONAL CARE FACILITY SERVICE CH

Revenue

$501,162

HOME CARE

Revenue

$169,467

Organization Details

Founding Year

2002

Principal Officer

Luanne Fisher

Main Address

260 LIONS HILL ROAD, STATE COLLEGE, PA, 16803

NTEE Category

Code: P75 - Human services

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