Overview
What is St Matthias Senior Housing Inc?
St. Matthias Senior Housing Inc. is a nonprofit organization situated in Louisville, Kentucky. Their primary mission is to provide affordable housing units for low-income elderly adults, ensuring they live in safe, sanitary, and affordable accommodations that cater to their specific needs. This includes physical, social, and psychological requirements, aiming to promote their health, security, happiness, and overall well-being in their later years.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 73%, earning it a Two-Star out of Four Star rating. This rating reflects the organization's accountability and financial management, highlighting both strengths and areas for improvement. The majority of the board members are independent, and the organization has demonstrated a strong commitment to its program expenses, with nearly 90% allocated towards programs.
However, the organization faces significant challenges in governance and transparency. The absence of essential policies, such as those for conflict of interest and whistleblowing, raises concerns about its operational integrity. Additionally, the lack of publicly available tax documents further undermines transparency, which is crucial for building trust with donors and stakeholders.
To enhance its rating and public perception, St Matthias Senior Housing Inc. should prioritize establishing the missing policies and increasing transparency regarding its financial documents. Addressing these limitations could lead to improved accountability and overall effectiveness in fulfilling its mission.
This AI summary has been generated from information found on Charity Navigator.
Is St Matthias Senior Housing Inc legitimate?
St Matthias Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Matthias Senior Housing 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:
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What is the mission statement of St Matthias Senior Housing Inc?
St. Matthias Senior Housing Inc. is dedicated to providing a mission that prioritizes the needs of low-income elderly individuals. Their primary goal is to offer safe, sanitary, and affordable housing specifically designed to cater to the physical, social, and psychological needs of this demographic. The organization strives to enhance the health, security, happiness, and overall usefulness of its residents, enabling them to live longer, fulfilling lives. In essence, St. Matthias Senior Housing Inc. aims to create an environment that fosters well-being and happiness for its elderly residents.
Who is the CEO of St Matthias Senior Housing Inc?
David Dutschke is the President of St Matthias Senior Housing Inc.
What is the revenue of St Matthias Senior Housing Inc?
St Matthias Senior Housing Inc's revenue in 2023 was $139,434.
Who are the executives of St Matthias Senior Housing Inc and what are their salaries?
Here are 7 key members and their salaries:
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Where can I find the form 990 for St Matthias Senior Housing Inc?
St Matthias Senior Housing Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of St Matthias Senior Housing Inc
St. Matthias Senior Housing Inc is dedicated to providing a safe, sanitary, and affordable living environment for low-income elderly individuals. Their mission is to cater specifically to the unique needs of this demographic, addressing their physical, social, and psychological requirements to promote their health, security, happiness, and productivity in their later years. The organization strives to provide affordable housing units that are designed with the elderly in mind, aiming to enhance their overall well-being and quality of life.
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Impact
October, 2024
St. Matthias Senior Housing Inc. plays a crucial role in improving the lives of low-income elderly individuals in Louisville, KY, by providing affordable and safe housing options specifically designed to meet their unique needs. The organization focuses on creating an environment that ensures residents enjoy both physical safety and psychological comfort, addressing the challenges often faced by this demographic.
By prioritizing affordable housing, St. Matthias Senior Housing Inc. helps alleviate financial burdens, allowing elderly residents to allocate their limited resources towards other essential aspects of their lives, such as healthcare and nutrition. The safe and sanitary living conditions foster a sense of security, which is vital for the well-being of seniors.
Moreover, the facility is structured to promote social interactions and community engagement, countering feelings of isolation that can be prevalent among older adults. This emphasis on community contributes to their overall happiness and sense of usefulness, encouraging residents to lead more fulfilling lives.
Ultimately, St. Matthias Senior Housing Inc. impacts the community by enhancing the quality of life for low-income elderly persons, supporting their health and well-being, and promoting greater independence and dignity in their later years.
This information is meant to be a general summary of St Matthias Senior Housing 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: $53
- Program Service Revenue: $139,381
- Gross Receipts: $139,434
Assets and Liabilities:
- Total Assets: $1,174,740
- Total Liabilities: $24,097
- Net Assets: $1,150,643
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$139,381
Organization Details
Founding Year
2001
Phone
(859) 276-5388Principal Officer
David Dutschke
Main Address
1228 BRECKENRIDGE ST, LOUISVILLE, KY, 40204
NTEE Category
Code: L22 - Housing
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