Overview
What is Lutheran Housing Services 12 Inc?
Lutheran Housing Services 12 Inc, operating under the name Covenant Harbor, is a nonprofit organization situated in Toledo, Ohio. Their primary mission is to provide housing for low-income elderly and handicapped individuals, aligning with their Christian faith and commitment to compassionate care throughout life's journey. With a focus on Section 202 and Section 8 housing, the organization manages 14 units to accommodate those in need.
Official website here: www.genacrosslutheranservices.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 97%, Four-Star out of Four Star rating.
Lutheran Housing Services 12 Inc has achieved an impressive 97% rating from Charity Navigator, reflecting high standards in accountability and finance. The rating is based on a single beacon score, indicating a strong emphasis on financial health and transparency. The organization scored perfectly in key areas, including having a fully independent board and a solid program expense ratio of nearly 78%, which indicates that a significant portion of its funds is directed toward its programs rather than overhead.
The organization demonstrates a commitment to ethical practices, as evidenced by its clear conflict of interest and whistleblower policies. Additionally, it maintains a thorough document retention policy and has successfully documented board meeting minutes, all contributing to its transparent governance practices. The liabilities to assets ratio is low at 6.02%, suggesting a stable financial position and minimal risk of insolvency.
While the data is overwhelmingly positive, it is essential for potential donors and stakeholders to continue monitoring the organization's performance and impact in the community. Overall, Lutheran Housing Services 12 Inc stands out as a reputable nonprofit focused on providing housing solutions and support.
This AI summary has been generated from information found on Charity Navigator.
Is Lutheran Housing Services 12 Inc legitimate?
Lutheran Housing Services 12 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Housing Services 12 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 Housing Services 12 Inc?
Lutheran Housing Services 12 Inc, guided by Christian faith, is committed to providing housing for low-income elderly and handicapped individuals. Inspired by compassionate care, the organization offers 14 units of rental housing under HUD Section 202 and Section 8, aligning with its mission statement to support individuals and families throughout their life journeys.
Official website here: www.genacrosslutheranservices.org
Who is the CEO of Lutheran Housing Services 12 Inc?
William R Marshall is the President/Ce of Lutheran Housing Services 12 Inc.
Official website here: www.genacrosslutheranservices.org
What is the revenue of Lutheran Housing Services 12 Inc?
Lutheran Housing Services 12 Inc's revenue in 2022 was $152,302.
Official website here: www.genacrosslutheranservices.org
Who are the executives of Lutheran Housing Services 12 Inc and what are their salaries?
There 17 volunteers at Lutheran Housing Services 12 Inc.
Here are 13 key members and their salaries:
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- Related: $327,636
- Other: $64,289
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- Related: $221,861
- Other: $37,726
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- Related: $150,997
- Other: $25,094
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- Other: $0
Official website here: www.genacrosslutheranservices.org
Where can I find the form 990 for Lutheran Housing Services 12 Inc?
Lutheran Housing Services 12 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 Housing Services 12 Inc
Lutheran Housing Services 12 Inc, guided by their Christian faith, dedicates itself to supporting low-income elderly and handicapped individuals. In line with their mission statement, they provide 14 units of rental housing through HUD Section 202 and Section 8 programs. The organization's mission is not just about offering housing; it is about extending compassionate care and services throughout the journey of life to those in need. They embrace individuals and families with a sense of warmth and understanding, striving to improve their living conditions and overall well-being.
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Impact
October, 2024
Lutheran Housing Services 12 Inc significantly impacts the Toledo community by providing 14 units of rental housing specifically designed for low-income elderly and handicapped individuals. Through its adherence to HUD Section 202 and Section 8 programs, it addresses the critical need for affordable housing in the area. The organization offers a compassionate environment where individuals can live with dignity and security, supporting their well-being throughout life's journey. By focusing on this vulnerable population, Lutheran Housing Services 12 Inc not only helps alleviate housing insecurity but also fosters community connections and enhances the quality of life for its residents.
This information is meant to be a general summary of Lutheran Housing Services 12 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: $8
- Program Service Revenue: $151,739
- Gross Receipts: $152,302
Assets and Liabilities:
- Total Assets: $1,029,886
- Total Liabilities: $62,089
- Net Assets: $967,797
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES FROM GOVERNMENT AGENCIES
Revenue
$92,958
TENANT RENTS
Revenue
$56,791
LAUNDRY INCOME - TENANTS
Revenue
$1,990
Organization Details
Founding Year
1997
Phone
(419) 861-4990Principal Officer
William R Marshall
Main Address
2021 NORTH MCCORD ROAD, TOLEDO, OH, 43615
NTEE Category
Code: P80Z - Human services
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