Overview
What is Lutheran Development Corporation At Napoleon Ohio Inc?
Lutheran Development Corporation at Napoleon, Ohio Inc is a nonprofit organization, guided by Christian values, situated in Toledo, Ohio. Their primary focus is on providing housing and related services, overseeing 27 independent living units specifically designed for the elderly, all situated on the Napoleon, Ohio campus. The organization's mission involves offering compassionate care and services throughout various stages of life's journey, ensuring the well-being and comfort of the elderly community.
Official website here: www.genacrosslutheranservices.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 82%, Three-Star out of Four Star rating
The Lutheran Development Corporation At Napoleon Ohio Inc has received an 82% rating from Charity Navigator, indicating a solid performance in accountability and finance. This score is derived entirely from a single beacon score, reflecting the organization's commitment to transparency and effective management practices. The charity has successfully maintained a majority of independent board members, which is a positive indicator of governance quality.
Strengths of the organization include a high program expense ratio of 84.95%, demonstrating that a significant portion of its funds is directed towards its programs, which is a key factor for donor confidence. The charity also excels in governance practices, having established comprehensive policies including conflict of interest, whistleblower protections, and document retention, all of which are essential for operational integrity.
However, a notable limitation is highlighted by the liabilities to assets ratio, which stands at 218.52%. This suggests that the organization may be operating with a high level of debt relative to its assets, which could pose potential financial risks. Overall, while the charity shows strengths in accountability and program spending, its financial leverage warrants further examination.
This AI summary has been generated from information found on Charity Navigator.
Is Lutheran Development Corporation At Napoleon Ohio Inc legitimate?
Lutheran Development Corporation At Napoleon Ohio Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Development Corporation At Napoleon Ohio 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: $0
For more financial information, click here
Official website here: www.genacrosslutheranservices.org
What is the mission statement of Lutheran Development Corporation At Napoleon Ohio Inc?
The Lutheran Development Corporation, in line with its mission, provides housing units, management, and development services. It specifically oversees 27 independent living units for the elderly. Inspired by Christian faith, this organization offers compassionate care and services to individuals and families throughout their life journeys. The corporation's primary goal is to ensure a comfortable living environment for the elderly, offering them the independence they desire.
Official website here: www.genacrosslutheranservices.org
Who is the CEO of Lutheran Development Corporation At Napoleon Ohio Inc?
William R Marshall is the President/Ce of Lutheran Development Corporation At Napoleon Ohio Inc.
Official website here: www.genacrosslutheranservices.org
What is the revenue of Lutheran Development Corporation At Napoleon Ohio Inc?
Lutheran Development Corporation At Napoleon Ohio Inc's revenue in 2022 was $86,502.
Official website here: www.genacrosslutheranservices.org
Who are the executives of Lutheran Development Corporation At Napoleon Ohio Inc and what are their salaries?
There 5 volunteers at Lutheran Development Corporation At Napoleon Ohio Inc.
Here are 7 key members and their salaries:
- Compensation: $0
- Related: $327,636
- Other: $64,289
- Compensation: $0
- Related: $221,861
- Other: $37,726
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.genacrosslutheranservices.org
Where can I find the form 990 for Lutheran Development Corporation At Napoleon Ohio Inc?
Lutheran Development Corporation At Napoleon Ohio Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.genacrosslutheranservices.org
Learn more at the official website: www.genacrosslutheranservices.org
Mission Statement of Lutheran Development Corporation At Napoleon Ohio Inc
Lutheran Development Corporation, guided by Christian faith, is dedicated to providing compassionate care and services to individuals and families throughout their life journeys. Their primary mission is to oversee 27 independent living units for the elderly, offering them a place to call home with the necessary management and development services. This nonprofit organization is committed to embracing the elderly with kindness and support, ensuring their needs are met in a nurturing environment.
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Impact
October, 2024
Lutheran Development Corporation At Napoleon Ohio Inc plays a vital role in enhancing the quality of life for elderly individuals in the Napoleon, Ohio area by providing specialized housing and supportive services. With 27 independent living units, the organization focuses on creating a community that offers comfort and security for seniors. By managing and overseeing these living arrangements, it ensures that residents have access to essential services tailored to their needs, fostering an environment of compassionate care.
The organization's mission is rooted in its commitment to embracing individuals and families throughout the various stages of life, inspired by Christian values. This foundation enables them to meet the specific needs of seniors, creating a supportive atmosphere that promotes dignity and independence. The impact extends beyond housing; it cultivates a sense of belonging and community among residents, helping to combat loneliness and isolation that can often affect the elderly population. Through their work, they contribute significantly to the well-being of seniors in the region, making a lasting difference in the community.
This information is meant to be a general summary of Lutheran Development Corporation At Napoleon Ohio 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: -$585
- Program Service Revenue: $87,087
- Gross Receipts: $87,087
Assets and Liabilities:
- Total Assets: $1,326,308
- Total Liabilities: $2,898,250
- Net Assets: -$1,571,942
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
LIFE LEASE AND RELATED INCOME
Revenue
$87,087
Organization Details
Founding Year
1989
Phone
(419) 861-4990Principal Officer
William R Marshall
Main Address
2021 N MCCORD RD, TOLEDO, OH, 43615
NTEE Category
Code: L22 - Housing
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