Overview
What is Lutheran Housing Corporation Of Oil City?
Lutheran Housing Corporation of Oil City, operating under the name Luther Place, is a nonprofit organization located in Pittsburgh, Pennsylvania. With a focus on serving the low-income elderly, they manage a 50-unit apartment complex in Venango County, Pennsylvania, funded by Section 202 of the National Housing Act. Regulated by the U.S. Department of Housing and Urban Development (HUD), Luther Place ensures affordable rental rates, monitors operational expenses, and follows guidelines regarding officer or director distributions and operational methods. The Lutheran Service Society of Western Pennsylvania is the sole member of this corporation, providing HUD-subsidized housing and supportive services to the community's elderly population.
Is Lutheran Housing Corporation Of Oil City legitimate?
Lutheran Housing Corporation Of Oil City is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Housing Corporation Of Oil City 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: $62,424
For more financial information, click here
What is the mission statement of Lutheran Housing Corporation Of Oil City?
The Lutheran Housing Corporation, in its mission, focuses on providing subsidized housing and supportive services for the low-income elderly population. Regulated by the U.S. Department of Housing and Urban Development (HUD), the corporation operates under Section 202 of the National Housing Act. Its primary objective is to ensure affordable housing for elderly individuals, managing rental charges, operational expenses, and distributions to officers or directors in accordance with HUD guidelines. The Lutheran Service Society of Western Pennsylvania is the sole member of this corporation, contributing to its operations.
Who is the CEO of Lutheran Housing Corporation Of Oil City?
Sarah Israel is the Director of Lutheran Housing Corporation Of Oil City. The CEO's salary of Lutheran Housing Corporation Of Oil City is $0 and their total compensation is $391,282.
What is the revenue of Lutheran Housing Corporation Of Oil City?
Lutheran Housing Corporation Of Oil City's revenue in 2022 was $252,976.
Who are the executives of Lutheran Housing Corporation Of Oil City and what are their salaries?
There 4 volunteers at Lutheran Housing Corporation Of Oil City.
Here are 9 key members and their salaries (Lutheran Housing Corporation Of Oil City's CEO's salary is $0 and their total compensation is $391,282):
- Compensation: $0
- Related: $215,671
- Other: $35,631
- Compensation: $0
- Related: $47,903
- Other: $11,977
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $210,642
- Other: $31,304
- Compensation: $0
- Related: $66,965
- Other: $24,991
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $352,722
- Other: $38,560
Where can I find the form 990 for Lutheran Housing Corporation Of Oil City?
Lutheran Housing Corporation Of Oil City's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lutheran Housing Corporation Of Oil City
Lutheran Housing Corporation of Oil City, as per its mission, provides subsidized housing and supportive services for the low-income elderly. This nonprofit organization aims to ensure that elderly individuals with limited income can reside in a secure environment, offering them the necessary assistance they require. The corporation is regulated by the U.S. Department of Housing and Urban Development (HUD), which oversees its rental charges, operating expenses, distributions to officers or directors, and overall operating methods to ensure compliance with the National Housing Act. The Lutheran Service Society of Western Pennsylvania serves as the sole member of Lutheran Housing Corporation of Oil City, demonstrating a collaborative approach to providing housing and support for the elderly community.
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Impact
October, 2024
Lutheran Housing Corporation of Oil City significantly enhances the quality of life for low-income elderly individuals in Venango County, Pennsylvania. By operating a 50-unit apartment complex under Section 202 of the National Housing Act, it provides vital, affordable housing options for this demographic. The organization ensures that residents have access to safe and supportive living environments tailored to their unique needs.
Through its HUD-subsidized program, Lutheran Housing Corporation not only addresses housing affordability but also fosters a sense of community among its residents. This supportive environment promotes social engagement, which is essential for mental and emotional well-being, particularly for the elderly.
The services offered encompass more than just housing; they provide comprehensive support that may include assistance with daily activities and access to resources that enhance the residents' overall quality of life. By creating a nurturing atmosphere, Lutheran Housing Corporation plays a crucial role in improving the living conditions and dignity of low-income elderly individuals, helping them maintain independence while ensuring their safety and comfort.
This information is meant to be a general summary of Lutheran Housing Corporation Of Oil City. 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: $509
- Program Service Revenue: $95,826
- Gross Receipts: $252,976
Assets and Liabilities:
- Total Assets: $1,715,570
- Total Liabilities: $583,420
- Net Assets: $1,132,150
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENU
Revenue
$95,826
Organization Details
Founding Year
1993
Phone
(412) 366-9490Principal Officer
Sarah Israel
Main Address
440 LINCOLN AVE, PITTSBURGH, PA, 15202
NTEE Category
Code: Z99Z - Unknown
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