Overview
What is Lutheran Knolls North Inc?
Lutheran Knolls North Inc is a nonprofit organization situated in Boothwyn, Pennsylvania. It specializes in offering housing solutions to financially disadvantaged elderly individuals and people with disabilities, who receive HUD rent subsidy assistance. The organization's primary mission is to provide a secure living environment for these groups, aiming to enhance their quality of life.
Official website here: www.lutheranknolls.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning a Two-Star out of Four Star rating. This rating reflects a moderate level of accountability and financial health for Lutheran Knolls North Inc. The overall score is derived from a single beacon score, indicating that there are limited areas of assessment contributing to its evaluation.
The organization demonstrates strong governance practices, with 100% independent board members and a well-structured audit and oversight committee. Additionally, it maintains a high program expense ratio of 80.05%, suggesting that a significant portion of its resources is directed towards its charitable activities. However, the absence of key policies, such as a conflict of interest policy and a whistleblower policy, raises concerns about operational transparency and risk management.
Financially, the organization faces challenges with a liabilities to assets ratio of 114.04%, which could indicate potential financial instability. Furthermore, the lack of publicly accessible financial statements on its website may hinder transparency and trust among stakeholders. Overall, while Lutheran Knolls North Inc. has notable strengths, its rating highlights areas for improvement in governance and financial practices.
This AI summary has been generated from information found on Charity Navigator.
Is Lutheran Knolls North Inc legitimate?
Lutheran Knolls North Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Knolls North 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: $30,465
Professional Fundraising Fees: $0
Other Salaries and Wages: $89,349
For more financial information, click here
Official website here: www.lutheranknolls.com
What is the mission statement of Lutheran Knolls North Inc?
Lutheran Knolls North Inc's mission is centered around providing housing for financially disadvantaged elderly individuals and those with disabilities. This is made possible through their receipt of HUD rent subsidy assistance. The organization's primary goal is to ensure that these vulnerable groups have a roof over their heads, contributing to their overall well-being. They strive to provide a supportive living environment, catering specifically to their financial needs. The organization's activities are fundamentally focused on fulfilling this mission.
Official website here: www.lutheranknolls.com
Who is the CEO of Lutheran Knolls North Inc?
William Mansi is the President of Lutheran Knolls North Inc.
Official website here: www.lutheranknolls.com
What is the revenue of Lutheran Knolls North Inc?
Lutheran Knolls North Inc's revenue in 2023 was $902,710.
Official website here: www.lutheranknolls.com
Who are the executives of Lutheran Knolls North Inc and what are their salaries?
There 10 volunteers at Lutheran Knolls North Inc.
Here are 12 key members and their salaries:
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- Compensation: $18,880
- Related: $49,623
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- Compensation: $11,585
- Related: $25,875
- Other: $0
Official website here: www.lutheranknolls.com
Where can I find the form 990 for Lutheran Knolls North Inc?
Lutheran Knolls North Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lutheranknolls.com
Learn more at the official website: www.lutheranknolls.com
Mission Statement of Lutheran Knolls North Inc
Lutheran Knolls North Inc is a dedicated organization that aims to provide housing solutions for financially disadvantaged elderly individuals and those with disabilities. By receiving HUD rent subsidy assistance, these individuals can secure a stable living environment within the organization's facilities. Lutheran Knolls North Inc's mission is centered around this key objective, working tirelessly to create an inclusive community where these individuals can thrive. The organization's housing services are designed to support and uplift those who may be facing financial challenges, ensuring they have a safe and secure place to call home.
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Impact
October, 2024
Lutheran Knolls North Inc plays a vital role in the community by providing stable housing for financially disadvantaged elderly individuals and persons with disabilities in Boothwyn, PA. By offering affordable housing solutions, the organization significantly alleviates housing insecurity for these vulnerable populations, allowing them to maintain a sense of dignity and independence.
With a focus on those receiving HUD rent subsidy assistance, Lutheran Knolls North ensures that residents have access to safe, supportive living environments that meet their unique needs. This impact extends beyond mere shelter; it fosters a sense of community and belonging, enhancing the overall quality of life for its residents and contributing to their mental and emotional well-being. Through these efforts, the organization addresses critical social issues while promoting inclusivity and support for those who may otherwise face significant barriers to housing stability.
This information is meant to be a general summary of Lutheran Knolls North 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 2023.
- Investment Income: $1,394
- Program Service Revenue: $257,451
- Gross Receipts: $902,710
Assets and Liabilities:
- Total Assets: $1,900,369
- Total Liabilities: $2,167,214
- Net Assets: -$266,845
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME - TENANTS
Revenue
$252,582
LAUNDRY & VENDING INCOME
Revenue
$3,432
DAMAGE / CLEANING FEES
Revenue
$1,437
Organization Details
Founding Year
1989
Phone
(610) 497-5220Principal Officer
William Mansi
Main Address
1800 MILL ROAD, BOOTHWYN, PA, 19061
Website
www.lutheranknolls.comNTEE Category
Code: L200 - Housing
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