Overview
What is Horizon Lodge Inc?
Horizon Lodge Inc is a nonprofit organization situated in Conrad, Montana. With a mission to offer a compassionate and affordable living environment, the organization caters to the needs of elderly and disabled individuals residing in Pondera County. By providing Section 236 and Section 8 housing under the National Housing Act, Horizon Lodge Inc currently houses 51 out of 71 units. The organization extends its services beyond just living quarters, offering meals, laundry, Lifeline support, and various other amenities to its tenants. The nonprofit's dedication to fostering dignified living for its residents is evident through its commitment to providing essential support services. With a workforce of 13 individuals, Horizon Lodge Inc strives to ensure the well-being of its tenants.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (70%)
Horizon Lodge Inc has received a two-star rating from Charity Navigator, indicating that the organization has areas that require significant improvement. Notably, the organization excels in its governance structure, as evidenced by having a fully independent board and high scores in accountability metrics related to financial statements and asset management. This solid foundation is crucial for building trust and transparency with donors.
However, the organization has been marked down for several gaps in its policies and disclosures. The absence of essential documents such as a conflict of interest policy and whistleblower policy, along with the lack of website disclosures for tax forms, raises concerns about organizational transparency. These missing elements could hinder the public's ability to assess the nonprofit's operations and ethical standards.
Financially, Horizon Lodge Inc maintains a healthy liabilities to assets ratio, indicating stability. However, their program expense ratio of 60% suggests that a significant portion of their funds may not be directly utilized for program activities, which could be a concern for potential donors seeking impactful returns on their contributions. Overall, while the organization shows promise through some strong governance metrics, it must address its weaknesses in transparency and financial allocation to enhance its rating and effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Horizon Lodge Inc legitimate?
Horizon Lodge Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Horizon Lodge 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: $17,675
Professional Fundraising Fees: $0
Other Salaries and Wages: $124,879
For more financial information, click here
What is the mission statement of Horizon Lodge Inc?
Horizon Lodge Inc's mission is centered around providing a caring and affordable living environment for elderly and disabled individuals who meet specific requirements. This is accomplished by offering housing and support services. The organization's goal is to foster dignified living for these individuals, ensuring they live with respect and comfort. They achieve this by offering a range of services such as meals, laundry, and Lifeline support, among others, to their tenants, most of whom are 62 years old or above, or disabled.
Who is the CEO of Horizon Lodge Inc?
Estelle Rauscher is the President of Horizon Lodge Inc.
What is the revenue of Horizon Lodge Inc?
Horizon Lodge Inc's revenue in 2022 was $463,399.
Who are the executives of Horizon Lodge Inc and what are their salaries?
The average compensation at Horizon Lodge Inc during 2022 was $10,966. There are 13 employees at Horizon Lodge Inc.
Here are 11 key members and their salaries:
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- Compensation: $17,675
- Related: $33,618
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Where can I find the form 990 for Horizon Lodge Inc?
Horizon Lodge Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Horizon Lodge Inc
Horizon Lodge Inc, a nonprofit organization, is committed to providing a compassionate and affordable living environment for elderly and disabled individuals in Montana. Their mission is to foster dignified living for these residents by offering housing and support services that cater to their specific needs. The organization operates an apartment complex with 71 units, some of which are subsidized under Section 236 and Section 8 of the National Housing Act. At the end of the year, approximately 51 of these units are occupied by individuals who meet the age or disability requirements. Beyond providing living quarters, Horizon Lodge Inc offers additional services such as meals, laundry, Lifeline support, and other assistance to enhance the quality of life for its tenants.
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Impact
July, 2024
Horizon Lodge Inc's impact is significant in Pondera County, Montana, as it provides caring and affordable environments and services to foster dignified living for elderly and disabled individuals. This organization operates a 71-unit apartment complex under Section 236 and Section 8 of the National Housing Act, with 51 of the units currently occupied. The tenants, who are at least 62 years old or disabled, receive more than just living quarters - they also benefit from meals, laundry, lifeline support, and other services. By offering this comprehensive support, Horizon Lodge Inc greatly improves the quality of life for its residents in Conrad, Montana.
This information is meant to be a general summary of Horizon Lodge 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: $162
- Program Service Revenue: $446,598
- Gross Receipts: $463,399
Assets and Liabilities:
- Total Assets: $588,832
- Total Liabilities: $48,124
- Net Assets: $540,708
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT RENT
Revenue
$421,746
RESIDENT MEALS
Revenue
$20,478
LAUNDRY
Revenue
$4,374
Organization Details
Founding Year
1972
Phone
(406) 271-3233Principal Officer
Estelle Rauscher
Main Address
701 SOUTH WISCONSIN STREET, CONRAD, MT, 59425
NTEE Category
Code: L22 - Housing
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