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The Society For The Danish Old People's Home

The Danish Home

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 362181996 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is The Society For The Danish Old People's Home?

The Society For The Danish Old People's Home, also known as The Danish Home, is a nonprofit organization located in Chicago, Illinois. Established with a charitable purpose, this institution provides a home for elderly individuals, catering to their spiritual, mental, physical, social, and psychological needs. The organization offers living quarters, nursing care, food services, and activities to around 50 residents daily. Annually, it offers 10,373 days of sheltered care and 1,612 days of nursing care. Employing a staff of 65 individuals, The Danish Home ensures that its elderly residents are well-cared for, offering them suitable accommodations, dining facilities, medical treatment, nursing, and various other services.


Official website here: www.danishhomeofchicago.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77% (Three-Star out of Four Stars)

The Society For The Danish Old People's Home has received a three-star rating from Charity Navigator, indicating a solid level of accountability and financial performance. The organization scored well in various metrics, including a perfect score for its financial statements and no material diversion of assets. This suggests that the nonprofit is effectively managing its resources and maintaining transparency in its operations.

Strengths highlighted in the evaluation include a strong program expense ratio of 74.50%, which indicates that a significant portion of its funds is allocated directly to programs benefiting the community. Additionally, the organization has robust governance practices, as evidenced by the presence of a conflict of interest policy and proper documentation of board meeting minutes. These factors contribute to its overall financial health.

However, while the organization demonstrates strong financial management, the rating is solely based on the Accountability & Finance beacon, which may indicate a lack of performance data in other areas. This limited scope could suggest a need for broader evaluation metrics to give a more comprehensive view of the nonprofit's effectiveness in fulfilling its mission.


This AI summary has been generated from information found on Charity Navigator.

What do the Facebook reviews say about The Society For The Danish Old People's Home?

96% of 9 reviewers on Facebook recommend The Society For The Danish Old People's Home. Here is a summary of their reviews:

The overwhelming sentiment among users highlights a high level of satisfaction with the organization and its services. The praises reflect an appreciation for the supportive and caring environment that the home provides to its residents. Many individuals mentioned feeling confident in the care options available through this nonprofit.

Overall, it appears that The Society For The Danish Old People's Home successfully delivers on its promises, fostering a positive experience for both residents and their families. The positive feedback indicates that the organization is valued within the community and trusted with the well-being of its elderly residents.


This AI summary has been generated from reviews found on Facebook.

Is The Society For The Danish Old People's Home legitimate?

The Society For The Danish Old People's Home is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Society For The Danish Old People's Home 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: $337,707
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,637,835

For more financial information, click here


Official website here: www.danishhomeofchicago.org

What is the mission statement of The Society For The Danish Old People's Home?

The Society for the Danish Old People's Home is dedicated to providing charitable housing for the elderly, aiming to fulfill their spiritual, mental, physical, social, and psychological needs. The society operates a not-for-profit home, offering suitable living accommodations, dining facilities, medical treatment, nursing care, and various services tailored to meet the diverse needs of its elderly residents. The home serves approximately 50 residents daily and provides around 10,373 days of sheltered care and 1,612 days of nursing care annually.


Official website here: www.danishhomeofchicago.org

Who is the CEO of The Society For The Danish Old People's Home?

Scott Swanson is the President/Ceo of The Society For The Danish Old People's Home. The CEO's salary of The Society For The Danish Old People's Home is $191,000 and their total compensation is $191,000.


Official website here: www.danishhomeofchicago.org

What is the revenue of The Society For The Danish Old People's Home?

The Society For The Danish Old People's Home's revenue in 2022 was $3,539,739.


Official website here: www.danishhomeofchicago.org

Who are the executives of The Society For The Danish Old People's Home and what are their salaries?

The average compensation at The Society For The Danish Old People's Home during 2022 was $30,393. There are 65 employees and 47 volunteers at The Society For The Danish Old People's Home.


Here are 5 key members and their salaries (The Society For The Danish Old People's Home's CEO's salary is $191,000 and their total compensation is $191,000):


Scott Swanson (President/Ceo)
  • Compensation: $191,000
  • Related: $0
  • Other: $0
Fred Saviano (Treasurer)
  • Compensation: $136,436
  • Related: $0
  • Other: $10,271
Kim Eriksen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Stan Heidemann (Vice Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Maria Cecilia Ramos (Director Of Nursing)
  • Compensation: $100,413
  • Related: $0
  • Other: $10,271


Official website here: www.danishhomeofchicago.org

Where can I find the form 990 for The Society For The Danish Old People's Home?

The Society For The Danish Old People's Home's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.danishhomeofchicago.org

Learn more at the official website: www.danishhomeofchicago.org

Mission Statement of The Society For The Danish Old People's Home

The Society for the Danish Old People's Home is a charitable organization with a mission to provide suitable living accommodations, dining facilities, medical treatment, nursing care, and various services designed to meet the spiritual, mental, physical, social, and psychological needs of elderly individuals. This not-for-profit home operates on a daily basis, serving approximately 50 residents with living quarters, food services, and activities. The organization offers around 10,373 days of sheltered care and 1,612 days of nursing care annually, ensuring comprehensive care for its elderly residents.

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Impact




October, 2024

The Society For The Danish Old People's Home significantly impacts the lives of elderly individuals in Chicago by providing a supportive and nurturing environment tailored to their diverse needs. With a commitment to holistic care, the organization offers approximately 50 residents daily living quarters, nursing care, meals, and a variety of activities that enrich their daily lives.

In providing over 10,373 days of sheltered care and 1,612 days of nursing care annually, the Society addresses crucial aspects of aging, including spiritual, mental, physical, social, and psychological well-being. This comprehensive approach ensures that residents not only receive essential medical care but also engage in meaningful activities that foster community and companionship.

By prioritizing the well-being of seniors, the Society enhances their quality of life, instills a sense of dignity, and promotes independence within a caring and respectful environment. This vital service not only alleviates the burden on families but also strengthens the fabric of the community by ensuring that its elderly members are cared for compassionately and thoughtfully.




This information is meant to be a general summary of The Society For The Danish Old People's Home. 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.

Revenue
$3,539,739 (2022)
Expenses
$3,775,839 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Program Service Revenue: $2,308,099
  • Gross Receipts: $3,576,996

Assets and Liabilities:

  • Total Assets: $9,409,351
  • Total Liabilities: $1,753,197
  • Net Assets: $7,656,154

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

REVENUE FROM RESIDENTS

Revenue

$2,308,099

Organization Details

Founding Year

1891

Principal Officer

Scott Swanson

Main Address

5656 N NEWCASTLE AVE, CHICAGO, IL, 60631

NTEE Category

Code: P750 - Human services

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