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Lss Housing Germantown Inc

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

EIN: 273144214 ✦ West allis, WI ✦ Designated as a 501(c)(3)

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Overview

What is Lss Housing Germantown Inc?

Lss Housing Germantown Inc, located in West Allis, Wisconsin, is a nonprofit organization dedicated to offering premium, subsidized housing facilities for individuals with developmental disabilities. The organization, managed by Lutheran Social Services of Wisconsin and Upper Michigan, aims to provide a supportive group-home setting for four such individuals in collaboration with the U.S. Department of Housing and Urban Development. With a mission to act compassionately, serve humbly, and lead courageously, Lss Housing Germantown Inc strives to enhance the living conditions of these individuals, ensuring they receive the care and accommodations they require.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 87% (Three-Star out of Four Star Rating)

Lss Housing Germantown Inc has received a Three-Star rating from Charity Navigator, indicating a strong performance in its accountability and finance metrics. The organization scores exceptionally well in key areas such as board independence and the absence of material diversion of assets, showcasing its commitment to responsible management and governance.

The majority of the board members are independent, which contributes to a transparent and effective oversight structure. The organization also maintains robust policies, including a whistleblower policy, and demonstrates excellent financial health with a low liabilities to assets ratio. Notably, 88.54% of its expenses are directed toward programs, indicating a strong focus on its mission.

However, while the overall score is favorable, it is based entirely on accountability and finance measures, with no evaluation of impact or outcomes. This suggests that while Lss Housing Germantown exhibits sound financial practices, further insights into its program effectiveness could provide a more comprehensive understanding of its overall impact.


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

Is Lss Housing Germantown Inc legitimate?

Lss Housing Germantown Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lss Housing Germantown 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: $7,541

For more financial information, click here

What is the mission statement of Lss Housing Germantown Inc?

Lss Housing Germantown Inc's mission statement encourages compassionate, humble, and courageous leadership. Their primary objective is to provide premium low-income housing facilities and services for disabled adults, demonstrating a commitment to their tenants. This organization operates a group home setting, offering subsidized housing for four developmentally disabled individuals, in collaboration with the U.S. Department of Housing & Urban Development. Lss Housing Germantown Inc is managed by Lutheran Social Services of Wisconsin and Upper Michigan, an organization with a mission to act compassionately, serve humbly, and lead courageously.

Who is the CEO of Lss Housing Germantown Inc?

Hector Colon is the President of Lss Housing Germantown Inc.

What is the revenue of Lss Housing Germantown Inc?

Lss Housing Germantown Inc's revenue in 2022 was $49,499.

Who are the executives of Lss Housing Germantown Inc and what are their salaries?

There 9 volunteers at Lss Housing Germantown Inc.


Here are 9 key members and their salaries:


Hector Colon (President)
  • Compensation: $0
  • Related: $443,198
  • Other: $37,392
Joseph Arzbecker (Vp/Asst Secretary)
  • Compensation: $0
  • Related: $297,436
  • Other: $36,319
Randy Oleszak (Vp/Asst Treasurer)
  • Compensation: $0
  • Related: $291,328
  • Other: $23,768
Dennis Hanson (Vp/Asst Secretary)
  • Compensation: $0
  • Related: $138,418
  • Other: $12,441
Jose Olivieri (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Lorenz (First Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Baardseth (Second Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Losenegger (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Franklin Cumberbatch (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lss Housing Germantown Inc?

Lss Housing Germantown Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Lss Housing Germantown Inc

Lss Housing Germantown Inc, a service corporation, is dedicated to providing high-quality, low-income housing facilities and services for individuals with developmental disabilities. This nonprofit organization operates with a group-home setting, housing four disabled adults in cooperation with the U.S. Department of Housing and Urban Development. The mission of Lss Housing Germantown Inc is deeply rooted in compassion, humility, and courage, reflecting the values of its managing organization, Lutheran Social Services of Wisconsin and Upper Michigan, whose mission is "Act compassionately. Serve humbly. Lead courageously." This mission drives Lss Housing Germantown Inc to offer a supportive living environment that caters to the unique needs of its tenants, ensuring they receive the care and assistance they require to live fulfilling lives.

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Impact




August, 2024

Lss Housing Germantown Inc's impact is providing low-income housing facilities and services for disabled adults in a group-home setting. This enables four developmentally disabled individuals to have a secure and stable living environment, supported by subsidized housing. Through their provision of premier housing facilities and services, Lss Housing Germantown Inc contributes to enhancing the quality of life for these individuals and promoting inclusivity in the community.




This information is meant to be a general summary of Lss Housing Germantown 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.

Revenue
$49,499 (2022)
Expenses
$44,454 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $11
  • Program Service Revenue: $49,488
  • Gross Receipts: $49,499

Assets and Liabilities:

  • Total Assets: $211,319
  • Total Liabilities: $48,216
  • Net Assets: $163,103

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Programs

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

NET RENTAL INCOME

Revenue

$49,488

Organization Details

Founding Year

2010

Principal Officer

Hector Colon

Main Address

6737 W WASHINGTON STREET 2275, WEST ALLIS, WI, 53214

NTEE Category

Code: L21 - Housing

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