Overview
What is Luther Village I Of Dover Inc?
Luther Village I Of Dover Inc is a nonprofit organization situated in Dover, Delaware, with an address at 430 KINGS HIGHWAY. Their primary mission is to provide safe, secure housing for eligible individuals of limited income, fostering an environment of peace, dignity, and community responsibility. The organization manages a 68-unit apartment facility specifically designed for the elderly, offering them a comfortable living space. To further support their residents, Luther Village I Of Dover Inc also relies on management, staff, and volunteers to provide necessary assistance.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 94% (Four-Star out of Four Star rating)
Luther Village I Of Dover Inc has achieved a strong rating of 94% from Charity Navigator, reflecting its commitment to accountability and financial health. The organization boasts a perfect score for independent board members, audit and oversight practices, and has robust policies regarding conflicts of interest and whistleblower protections. This level of governance indicates a high standard of ethical management and transparency.
The nonprofit dedicates a significant portion of its resources to its programs, with a program expense ratio of 84.65%. This highlights its focus on delivering effective services rather than administrative overhead, which is a positive indicator for supporters and stakeholders looking for impactful organizations to back.
While the overall ratings are strong, potential donors and volunteers may want to consider the specific programs and their outcomes to ensure alignment with their personal values and philanthropic goals. Nonetheless, the financial stability and governance practices suggest that Luther Village I Of Dover Inc is a well-managed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Luther Village I Of Dover Inc legitimate?
Luther Village I Of Dover Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Luther Village I Of Dover 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: $208,301
For more financial information, click here
What is the mission statement of Luther Village I Of Dover Inc?
Luther Village I Of Dover Inc's mission is centered around providing a safe and secure living environment for individuals with limited income. The organization operates a 68-unit apartment facility, and its mission is to do so in an atmosphere that fosters peace, dignity, and a sense of community. Responsible community living is a key aspect of their mission, and they aim to provide support services through management, staff, and volunteers. The primary goal is to offer a suitable living environment for eligible residents.
What is the revenue of Luther Village I Of Dover Inc?
Luther Village I Of Dover Inc's revenue in 2024 was $652,738.
Who are the executives of Luther Village I Of Dover Inc and what are their salaries?
There 13 volunteers at Luther Village I Of Dover Inc.
Here are 9 key members and their salaries:
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- Related: $109,852
- Other: $5,345
Where can I find the form 990 for Luther Village I Of Dover Inc?
Luther Village I Of Dover Inc's most recent form 990 was submitted in 2024 and can be accessed here.
Mission Statement of Luther Village I Of Dover Inc
Luther Village I Of Dover Inc, a nonprofit organization, is committed to providing a safe and secure living environment for individuals of limited income. Situated within an atmosphere of peace and dignity, the organization aims to foster a sense of responsible community among its residents. Through the dedication of its management, staff, and volunteers, Luther Village I Of Dover Inc strives to support its elderly tenants, ensuring they live in a well-maintained apartment complex. The organization's ultimate goal is to create a living space that promotes a sense of community, allowing its residents to thrive with dignity and respect.
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Impact
July, 2024
Luther Village I of Dover Inc provides safe, secure housing for eligible persons of limited income in Dover, Delaware. By operating and maintaining a 68 unit apartment facility for the elderly, the organization ensures that these individuals have access to affordable housing in an atmosphere of peace and dignity. Through its mission to provide support services and foster a sense of responsible community, Luther Village I of Dover Inc positively impacts the lives of elderly low-income tenants by offering them a place they can call home.
This information is meant to be a general summary of Luther Village I Of Dover 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 2024.
- Investment Income: $14,357
- Program Service Revenue: $354,657
- Gross Receipts: $652,738
Assets and Liabilities:
- Total Assets: $5,099,364
- Total Liabilities: $44,132
- Net Assets: $5,055,232
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$354,657
Organization Details
Founding Year
2006
Principal Officer
Kimberly Mendoza
NTEE Category
Code: L21 - Housing
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