Overview
What is Lutheran Housing Services Inc?
Lutheran Housing Services Inc, operating under the name Luther Crest, is a nonprofit organization situated in Toledo, Ohio. With a strong focus on compassionate care, the organization provides housing solutions for low-income elderly and handicapped individuals. They manage 70 units of rental housing through two government-assisted programs, HUD Section 202 and Section 8. Inspired by their Christian faith, they strive to support individuals and families throughout various stages of life's journey. With a dedicated workforce of one, Lutheran Housing Services Inc continues to fulfill its mission of providing essential housing solutions for those in need.
Official website here: www.genacrosslutheranservices.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star Rating)
Lutheran Housing Services Inc has earned a Three-Star rating for its overall score of 81%, which is derived entirely from its Accountability & Finance metrics. This indicates a solid level of transparency and financial management within the organization, demonstrating its commitment to maintaining a high standard of accountability. The charity scored particularly well in areas such as having a majority of independent board members and a strong conflict of interest policy.
The financial health of Lutheran Housing Services is highlighted by a program expense ratio of 77.73%, indicating that a significant portion of its funds is directed towards its programs rather than administrative costs. Additionally, the organization has implemented various oversight mechanisms, such as an audit and oversight committee, ensuring rigorous financial practices are in place. However, it is worth noting the high salaries of key personnel, which may raise questions about executive compensation relative to the nonprofit sector standards.
While the organization shows robust financial practices and governance, potential donors or supporters may want to consider the implications of the executive compensation figures. Overall, Lutheran Housing Services Inc demonstrates a strong commitment to financial stability and accountability, making it a reliable choice for those looking to support charitable work in housing services.
This AI summary has been generated from information found on Charity Navigator.
Is Lutheran Housing Services Inc legitimate?
Lutheran Housing Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Housing Services 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: $87,195
For more financial information, click here
Official website here: www.genacrosslutheranservices.org
What is the mission statement of Lutheran Housing Services Inc?
Lutheran Housing Services Inc's mission is centered around providing housing for low-income elderly and handicapped individuals. Driven by Christian faith, the organization offers compassionate care and services, aiming to embrace individuals and families throughout their life's journey. In accordance with this mission, they provide 70 units of rental housing through HUD Section 202 and Section 8 programs. The organization's mission is reflected in its commitment to offering housing solutions, guided by compassion and a dedication to serving those in need.
Official website here: www.genacrosslutheranservices.org
Who is the CEO of Lutheran Housing Services Inc?
William R Marshall is the President/Ce of Lutheran Housing Services Inc.
Official website here: www.genacrosslutheranservices.org
What is the revenue of Lutheran Housing Services Inc?
Lutheran Housing Services Inc's revenue in 2022 was $894,444.
Official website here: www.genacrosslutheranservices.org
Who are the executives of Lutheran Housing Services Inc and what are their salaries?
The average compensation at Lutheran Housing Services Inc during 2022 was $87,195. There is 1 employee and 18 volunteers at Lutheran Housing Services Inc.
Here are 15 key members and their salaries:
- Compensation: $0
- Related: $327,636
- Other: $64,289
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- Related: $221,861
- Other: $37,726
- Compensation: $0
- Related: $150,997
- Other: $25,094
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- Other: $0
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- Other: $0
- Compensation: $0
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- 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 Housing Services Inc?
Lutheran Housing Services 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 Inc
Lutheran Housing Services Inc, guided by Christian principles, is committed to providing compassionate care and services to low-income elderly and handicapped individuals by offering suitable housing. In line with its mission statement, the organization provides 70 units of rental housing through HUD Section 202 and Section 8 programs. The primary goal of Lutheran Housing Services Inc is to embrace these individuals and families throughout their life's journey, offering them a safe and secure living environment. The organization's mission is inspired by its strong faith, aiming to make a positive impact in people's lives by providing them with the necessary support and housing they require.
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Impact
October, 2024
Lutheran Housing Services Inc plays a vital role in providing stable housing for low-income elderly and handicapped individuals in Toledo, Ohio. With 70 units of rental housing specifically designed to serve this vulnerable population, the organization addresses a critical need in the community.
By offering affordable living arrangements under HUD Section 202 and Section 8, they ensure that seniors and individuals with disabilities have access to safe and supportive environments. This not only enhances their quality of life but also promotes independence and dignity for residents as they navigate various life challenges.
The impact of Lutheran Housing Services Inc extends beyond mere housing; it embodies a commitment to compassionate care and support, guided by their mission inspired by Christian faith. By embracing individuals and families throughout their life journeys, the organization fosters a sense of community and belonging, which is essential for overall well-being.
This information is meant to be a general summary of Lutheran Housing Services 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: $156
- Program Service Revenue: $892,795
- Gross Receipts: $894,979
Assets and Liabilities:
- Total Assets: $2,257,692
- Total Liabilities: $1,697,761
- Net Assets: $559,931
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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
$641,661
TENANT RENTS
Revenue
$249,067
LAUNDRY INCOME - TENANT
Revenue
$2,067
Organization Details
Founding Year
1978
Phone
(419) 861-4990Principal Officer
William R Marshall
Main Address
2021 NORTH MCCORD ROAD, TOLEDO, OH, 43615
NTEE Category
Code: L22Z - Housing
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