Overview
What is Shepherds Path Senior Housing Inc?
Shepherds Path Senior Housing Inc, situated in Prior Lake, Minnesota, is a nonprofit organization dedicated to enriching the lives of older adults. Their campus comprises various housing options, including 79 assisted living units, 18 memory care-specific assisted living units, and 79 independent senior apartments. The mission of this organization is deeply rooted in honoring God, aiming to positively impact the hearts and lives of the elderly residents they serve.
Official website here: www.preshomes.org
What are the reviews and ratings of this charity?
**: 2 Stars (Needs Improvement)**ent)**
Shepherds Path Senior Housing Inc has received a Two-Star out of Four Star rating from Charity Navigator, indicating areas needing improvement, particularly in governance and accountability. The organization’s overall score is primarily reflective of its accountability and finance practices, where it garnered a score of 66%. Notably, the charity lacks independent board members, which raises concerns regarding governance and oversight, despite having adequate policies in place for transparency and accountability.
While the organization has demonstrated a strong program expense ratio of 86.53%, the high liabilities to assets ratio of 86.88% highlights potential financial stability issues. Moreover, the absence of data on leadership and impact suggests that the charity may have room for growth in demonstrating the effectiveness of its programs and overall community impact.
User reviews from GreatNonprofits were not accessible for this summary; therefore, sentiments about personal experiences with the organization remain unrepresented. This limitation suggests a need for more community engagement and feedback mechanisms to enhance transparency and build trust with stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is Shepherds Path Senior Housing Inc legitimate?
Shepherds Path Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shepherds Path 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:
Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,682,397
For more financial information, click here
Official website here: www.preshomes.org
What is the mission statement of Shepherds Path Senior Housing Inc?
Shepherds Path Senior Housing Inc's mission is centered around honoring God by enriching the lives and touching the hearts of older adults. This mission is carried out through their operations, aiming to positively impact the lives of those in their care. The organization does not provide specific details about how they achieve this enrichment, but the emphasis on God and the well-being of older adults is clear. While the mission statement does not elaborate on the methods they use, it is evident that Shepherds Path Senior Housing Inc prioritizes the spiritual and emotional needs of their residents.
Official website here: www.preshomes.org
Who is the CEO of Shepherds Path Senior Housing Inc?
Mark Meyer is the Board Chair/Ceo of Shepherds Path Senior Housing Inc. The CEO's salary of Shepherds Path Senior Housing Inc is $0 and their total compensation is $943,678.
Official website here: www.preshomes.org
What is the revenue of Shepherds Path Senior Housing Inc?
Shepherds Path Senior Housing Inc's revenue in 2022 was $8,807,746.
Official website here: www.preshomes.org
Who are the executives of Shepherds Path Senior Housing Inc and what are their salaries?
There 26 volunteers at Shepherds Path Senior Housing Inc.
Here are 6 key members and their salaries (Shepherds Path Senior Housing Inc's CEO's salary is $0 and their total compensation is $943,678):
- Compensation: $0
- Related: $919,741
- Other: $23,937
- Compensation: $0
- Related: $445,702
- Other: $27,414
- Compensation: $0
- Related: $347,973
- Other: $20,328
- Compensation: $0
- Related: $323,989
- Other: $27,414
- Compensation: $0
- Related: $323,848
- Other: $19,541
- Compensation: $100,242
- Related: $0
- Other: $4,007
Official website here: www.preshomes.org
Where can I find the form 990 for Shepherds Path Senior Housing Inc?
Shepherds Path Senior Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.preshomes.org
Learn more at the official website: www.preshomes.org
Mission Statement of Shepherds Path Senior Housing Inc
Shepherds Path Senior Housing Inc is a nonprofit organization dedicated to honoring God by enriching the lives and touching the hearts of older adults. This mission is at the core of their operations, guiding them in their daily interactions with the senior community they serve. By focusing on the well-being and emotional needs of older adults, Shepherds Path Senior Housing Inc aims to make a meaningful impact in the lives of those in their care. The organization's mission is not just about providing housing, but rather about creating an environment where older adults can thrive and maintain a sense of purpose and dignity. This mission drives their commitment to offering a range of services, including assisted living and independent senior apartments, ensuring that they cater to the diverse needs of their elderly population.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Shepherd's Path Senior Housing Inc significantly enriches the lives of older adults through its commitment to enhancing their well-being and providing compassionate care. Located in Prior Lake, Minnesota, this community offers a range of living arrangements, including 79 assisted living units, 18 specialized memory care units, and 79 independent senior apartments.
The organization’s mission centers on honoring God by fostering an environment that touches the hearts of residents. By focusing on the unique needs of older adults, Shepherd's Path creates a supportive and nurturing atmosphere where individuals can thrive socially, emotionally, and physically. This approach not only addresses housing needs but significantly contributes to the overall quality of life for seniors in the community, ensuring they feel valued and connected.
The impact of Shepherd's Path extends beyond mere shelter to encompass holistic care, promoting dignity, engagement, and a sense of purpose among its residents.
This information is meant to be a general summary of Shepherds Path 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 2022.
- Investment Income: -$123,949
- Program Service Revenue: $8,389,217
- Gross Receipts: $8,845,149
Assets and Liabilities:
- Total Assets: $31,064,269
- Total Liabilities: $26,991,472
- Net Assets: $4,072,797
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICES
Revenue
$8,389,217
Organization Details
Founding Year
2003
Phone
(651) 631-6162Principal Officer
Mark Meyer
Main Address
2845 N HAMLINE AVE, ROSEVILLE, MN, 55113
Website
www.preshomes.orgNTEE Category
Code: L22 - Housing
If you are a representative of Shepherds Path Senior Housing Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.