Overview
What is Psa Housing & Assisted Living Inc?
Psa Housing & Assisted Living Inc is a nonprofit organization situated in Mahtomedi, Minnesota. The organization is dedicated to serving older adults by providing a nurturing environment. It operates a campus that comprises 25 memory care assisted living apartments, 44 traditional assisted living units, and 70 independent senior living apartments. The mission of Psa Housing & Assisted Living Inc is to honor God by enriching the lives and touching the hearts of older adults. This is achieved through the provision of care and support, creating a community where seniors can live comfortably and with dignity.
Official website here: www.preshomes.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81% (Three-Star out of Four Stars)
Psa Housing & Assisted Living Inc has received an 81% score from Charity Navigator, which reflects good performance particularly in Accountability & Finance. The organization boasts a strong financial oversight structure with an independent board consisting of 71% independent members, ensuring minimal conflicts of interest and high transparency.
The charity has demonstrated effective financial practices, including a high program expense ratio of nearly 82%, indicating that a significant portion of its funds are directed towards its programs. Furthermore, the presence of comprehensive policies such as a conflict of interest policy and a whistleblower policy supports its commitment to ethical operations.
However, while the organization shines in accountability metrics, there may not be additional information available on program impact or community feedback. Potential donors and supporters are encouraged to consider these aspects alongside the financial data when evaluating the charity's overall effectiveness.
This AI summary has been generated from information found on Charity Navigator.
Is Psa Housing & Assisted Living Inc legitimate?
Psa Housing & Assisted Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Psa Housing & Assisted Living 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: $1,104,247
For more financial information, click here
Official website here: www.preshomes.org
What is the mission statement of Psa Housing & Assisted Living Inc?
Psa Housing & Assisted Living Inc's mission is centered around honoring God by enriching the lives and touching the hearts of older adults. The organization aims to positively impact the well-being of its elderly residents, showing deep care and compassion. While the exact methods and activities are not specified, the mission suggests a focus on providing a nurturing and supportive environment that uplifts and brings joy to older adults.
Official website here: www.preshomes.org
Who is the CEO of Psa Housing & Assisted Living Inc?
Mark Meyer is the Board Member of Psa Housing & Assisted Living Inc.
Official website here: www.preshomes.org
What is the revenue of Psa Housing & Assisted Living Inc?
Psa Housing & Assisted Living Inc's revenue in 2022 was $4,807,748.
Official website here: www.preshomes.org
Who are the executives of Psa Housing & Assisted Living Inc and what are their salaries?
There 25 volunteers at Psa Housing & Assisted Living Inc.
Here are 8 key members and their salaries:
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Official website here: www.preshomes.org
Where can I find the form 990 for Psa Housing & Assisted Living Inc?
Psa Housing & Assisted Living 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 Psa Housing & Assisted Living Inc
Psa Housing & Assisted Living Inc, a nonprofit organization, is committed to honoring God by enriching the lives and touching the hearts of older adults. This mission is at the core of their operations, driving them to provide a nurturing environment where the elderly can thrive and find a sense of community. The organization offers a variety of living arrangements to cater to different needs, including 25 memory care assisted living apartments, 44 traditional assisted living apartments, and 70 independent senior living apartments. This diverse range of options allows older adults to choose a living situation that best suits their needs and preferences, ensuring they can age in comfort and dignity. Psa Housing & Assisted Living Inc's mission is not just about providing shelter, but about enriching the lives of its residents, creating a sense of belonging, and touching their hearts in a meaningful way.
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Impact
October, 2024
Psa Housing & Assisted Living Inc significantly enhances the quality of life for older adults in the community. By offering a range of accommodations, including memory care assisted living, traditional assisted living, and independent senior living apartments, it addresses the diverse needs of seniors and their families.
Located in Mahtomedi, Minnesota, the organization fosters an environment that prioritizes the emotional and physical well-being of its residents. With its mission to enrich lives and touch hearts, Psa Housing creates a supportive community where older adults can thrive, promoting dignity and respect. This commitment not only benefits residents but also offers peace of mind to their families, knowing that their loved ones are in a compassionate and engaging setting.
Through its holistic approach to care and support, Psa Housing & Assisted Living Inc plays a vital role in enhancing the lives of seniors, positively impacting the broader community by fostering connections and understanding across generations.
This information is meant to be a general summary of Psa Housing & Assisted Living 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: -$158,494
- Program Service Revenue: $4,741,009
- Gross Receipts: $4,810,655
Assets and Liabilities:
- Total Assets: $12,749,192
- Total Liabilities: $14,144,768
- Net Assets: -$1,395,576
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL FEES & RELATED
Revenue
$4,741,009
Organization Details
Founding Year
1997
Phone
(651) 631-6162Principal Officer
Mark Meyer
Main Address
2845 HAMLINE AVE N, ROSEVILLE, MN, 55113
Website
www.preshomes.orgNTEE Category
Code: P750 - Human services
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