Overview
What is Wittenberg Lutheran Village Endowment Corporation?
Wittenberg Lutheran Village Endowment Corporation is a nonprofit organization situated in Crown Point, Indiana. Their primary focus is on offering residential and healthcare services for seniors. They operate 109 independent living units and 33 assisted living units, catering to the needs of elderly individuals. In cases where seniors have depleted their financial resources, the corporation provides benevolent care as an additional service, partly funded by contributions from an affiliate, Lutheran Life Communities Foundation. Their mission emphasizes fostering vibrant, grace-filled living across all generations, enriching the lives of senior residents.
Official website here: www.lutheranlifecommunities.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 66%, Two-Star out of Four Star rating.
Wittenberg Lutheran Village Endowment Corporation has received a 66% rating from Charity Navigator, reflecting some strengths and notable areas for improvement. The organization's accountability and finance score highlights effective management of program expenses, with an impressive 86.36% of expenditures directed toward programs. Additionally, the organization has solid governance practices in place, including listed policies for conflict of interest and whistleblower protections.
Despite these strengths, the charity's governance structure raises concerns, as only 33% of the board members are independent, and the board size features only one independent member. The lack of financial statements also contributes to a lower overall rating, as transparency is crucial for donor trust and accountability. Nonetheless, the organization demonstrates a responsible approach to asset management with no reported material diversions of assets.
In summary, while Wittenberg Lutheran Village Endowment Corporation excels in program spending and governance policies, it faces challenges related to board independence and financial transparency that may affect potential donor confidence.
This AI summary has been generated from information found on Charity Navigator.
Is Wittenberg Lutheran Village Endowment Corporation legitimate?
Wittenberg Lutheran Village Endowment Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Wittenberg Lutheran Village Endowment Corporation 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: $799,166
For more financial information, click here
Official website here: www.lutheranlifecommunities.org
What is the mission statement of Wittenberg Lutheran Village Endowment Corporation?
The Wittenberg Lutheran Village Endowment Corporation's mission is centered around empowering vibrant, grace-filled living for individuals across all generations. They provide residential and healthcare services for seniors, extending benevolent care to those who have depleted their financial resources. This benevolent care is partially funded by contributions from an affiliate, Lutheran Life Communities Foundation. The organization is also engaged in the development and operation of 109 independent living units and 33 assisted living units, offering residential and healthcare services to seniors in need.
Official website here: www.lutheranlifecommunities.org
Who is the CEO of Wittenberg Lutheran Village Endowment Corporation?
Sloan Bentley is the Vice Chair of Wittenberg Lutheran Village Endowment Corporation.
Official website here: www.lutheranlifecommunities.org
What is the revenue of Wittenberg Lutheran Village Endowment Corporation?
Wittenberg Lutheran Village Endowment Corporation's revenue in 2022 was $4,320,146.
Official website here: www.lutheranlifecommunities.org
Who are the executives of Wittenberg Lutheran Village Endowment Corporation and what are their salaries?
Here are 3 key members and their salaries:
- Compensation: $0
- Related: $558,837
- Other: $14,482
- Compensation: $0
- Related: $268,877
- Other: $16,717
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.lutheranlifecommunities.org
Where can I find the form 990 for Wittenberg Lutheran Village Endowment Corporation?
Wittenberg Lutheran Village Endowment Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lutheranlifecommunities.org
Learn more at the official website: www.lutheranlifecommunities.org
Mission Statement of Wittenberg Lutheran Village Endowment Corporation
Wittenberg Lutheran Village Endowment Corporation is a nonprofit organization dedicated to empowering vibrant, grace-filled living across all generations. Their primary activity involves providing residential and healthcare services to seniors, including benevolent care for those who have exhausted their financial resources. This benevolent care is partially funded by the Lutheran Life Communities Foundation, an affiliate of the corporation.
The corporation operates a total of 109 independent living units and 33 assisted living units, offering a range of services to cater to the needs of seniors. Their mission is not just about providing a place to live but also ensuring that seniors can live with dignity and grace, regardless of their financial situation. The benevolent care provided by Wittenberg Lutheran Village Endowment Corporation is a testament to their commitment to supporting the elderly, ensuring that they can age with dignity and the care they deserve.
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Impact
October, 2024
Wittenberg Lutheran Village Endowment Corporation significantly impacts the lives of seniors in the Crown Point community by providing essential residential and health care services. With 109 independent living units and 33 assisted living units, it offers a vibrant living environment that promotes grace-filled living across all generations.
The organization plays a crucial role in ensuring that seniors, including those who face financial hardships, receive necessary care through its benevolent care programs. This support empowers residents to maintain their dignity and quality of life, even when they have exhausted their financial resources. By alleviating the financial burden on seniors and their families, Wittenberg Lutheran Village Endowment Corporation contributes to a more inclusive community where elderly individuals can thrive in a nurturing environment.
This information is meant to be a general summary of Wittenberg Lutheran Village Endowment Corporation. 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.
- Program Service Revenue: $4,302,673
- Gross Receipts: $4,323,358
Assets and Liabilities:
- Total Assets: $56,522,009
- Total Liabilities: $31,095,741
- Net Assets: $25,426,268
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICE REVEN
Revenue
$4,302,673
Organization Details
Founding Year
1978
Phone
(219) 663-3860Principal Officer
Sloan Bentley
Main Address
1200 E LUTHER DRIVE, CROWN POINT, IN, 46307
NTEE Category
Code: E11 - Health
If you are a representative of Wittenberg Lutheran Village Endowment Corporation 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.