Overview
What is Lutheran Housing Services 2 Inc?
Lutheran Housing Services 2 Inc, operating under the name Luther Grove, is a nonprofit organization situated in Toledo, Ohio. With a focus on compassionate care, they provide housing for low-income elderly and handicapped individuals, in line with their mission statement inspired by Christian faith. This housing is facilitated through two federal programs: HUD Section 202 and Section 8. The organization, with a team of just two employees, is dedicated to improving the living conditions of this vulnerable population, offering them a safe and supportive environment throughout their journey.
Official website here: www.genacrosslutheranservices.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%, Three-Star out of Four Stars
Lutheran Housing Services 2 Inc has received an overall rating of 81%, which translates into a Three-Star designation. This score is based entirely on their Accountability & Finance performance. The organization has shown a strong commitment to financial transparency, with 100% of its board members being independent and a solid score in their financial statements, demonstrating effective audit and oversight practices.
The organization excels in maintaining a well-structured governance model, as evidenced by their adherence to conflict of interest policies and whistleblower protections. They also have a commendable program expense ratio of 79.53%, indicating that a significant portion of their expenditures directly supports their mission.
However, while the financials are well-managed, specific programmatic outcomes and impact metrics are not detailed in the data provided, which could provide a fuller picture of the nonprofit's effectiveness in fulfilling its mission. Overall, Lutheran Housing Services 2 Inc displays strong accountability, but potential donors may want to look for additional information regarding their programmatic achievements.
This AI summary has been generated from information found on Charity Navigator.
Is Lutheran Housing Services 2 Inc legitimate?
Lutheran Housing Services 2 Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Housing Services 2 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: $92,873
For more financial information, click here
Official website here: www.genacrosslutheranservices.org
What is the mission statement of Lutheran Housing Services 2 Inc?
Lutheran Housing Services 2 Inc, guided by Christian faith, is dedicated to providing housing for low-income elderly and handicapped individuals. As part of their mission, they offer 50 units of rental housing through HUD Section 202 and Section 8 programs. Their approach is characterized by compassionate care and services, aiming to support individuals and families throughout various stages of life's journey.
Official website here: www.genacrosslutheranservices.org
Who is the CEO of Lutheran Housing Services 2 Inc?
William R Marshall is the President/Ce of Lutheran Housing Services 2 Inc.
Official website here: www.genacrosslutheranservices.org
What is the revenue of Lutheran Housing Services 2 Inc?
Lutheran Housing Services 2 Inc's revenue in 2022 was $727,861.
Official website here: www.genacrosslutheranservices.org
Who are the executives of Lutheran Housing Services 2 Inc and what are their salaries?
The average compensation at Lutheran Housing Services 2 Inc during 2022 was $46,436. There are 2 employees and 23 volunteers at Lutheran Housing Services 2 Inc.
Here are 15 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 2 Inc?
Lutheran Housing Services 2 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 2 Inc
Lutheran Housing Services 2 Inc, guided by Christian values, is committed to offering compassionate housing solutions for low-income elderly and handicapped individuals. In line with their mission statement, they provide 50 units of rental housing through the HUD Section 202 and Section 8 programs. With a strong emphasis on care and support, this nonprofit organization aims to assist individuals and families throughout their life journey, providing them with a secure living environment.
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Impact
October, 2024
Lutheran Housing Services 2 Inc significantly impacts the community by providing 50 units of rental housing specifically designed for low-income elderly individuals and those with handicaps. By adhering to HUD's Section 202 and Section 8 programs, the organization ensures that vulnerable populations have access to safe and affordable living conditions.
The commitment to compassionate care, driven by a mission inspired by Christian faith, creates a supportive environment that addresses not just housing needs, but also the overall well-being of residents throughout their life journeys. This approach fosters a sense of community, security, and dignity for individuals facing financial challenges, thereby enhancing their quality of life and allowing them to maintain independence as they age or cope with disabilities.
In Toledo, OH, Lutheran Housing Services 2 Inc plays a crucial role in alleviating housing insecurity among some of the most vulnerable members of society, ultimately contributing to a more inclusive and supportive community.
This information is meant to be a general summary of Lutheran Housing Services 2 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: $88
- Program Service Revenue: $722,388
- Gross Receipts: $728,312
Assets and Liabilities:
- Total Assets: $1,493,135
- Total Liabilities: $1,652,287
- Net Assets: -$159,152
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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
$577,180
TENANT RENTS
Revenue
$144,440
LAUNDRY INCOME -TENANT
Revenue
$768
Organization Details
Founding Year
1980
Phone
(419) 861-4990Principal Officer
William R Marshall
Main Address
2021 NORTH MCCORD ROAD, TOLEDO, OH, 43615
NTEE Category
Code: L22Z - Housing
If you are a representative of Lutheran Housing Services 2 Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.