Overview
What is Roseland Senior Housing Corporation?
Roseland Senior Housing Corporation is a nonprofit organization situated in Chicago, Illinois, specifically at 721 N La Salle St, 60654. Their primary mission is to cater to the elderly population's diverse needs, encompassing physical, social, and psychological aspects. They offer housing and essential services through Roseland Manor, which accommodates approximately 60 residents. The corporation's goal is to ensure the overall well-being and quality of life for its elderly residents, providing them with a supportive and nurturing environment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Roseland Senior Housing Corporation received a Two-Star out of Four Star rating from Charity Navigator, reflecting an overall score of 72%. This rating indicates that while the organization demonstrates some accountability and financial transparency, there are significant areas for improvement, particularly in board independence and communication of financial information.
The nonprofit has strengths, including a solid program expense ratio of 80.12%, indicating that a substantial portion of its expenses directly supports its programs. Additionally, it has established important policies such as conflict of interest and whistleblower protections, which are crucial for maintaining ethical standards. However, the organization lacks independent board members, which raises concerns about governance and oversight.
Limitations include the absence of independent board members and missing financial disclosures on its website, such as the tax form, which could enhance transparency for stakeholders. The liabilities to assets ratio of 59.11% also suggests potential financial risks that may need to be addressed for long-term sustainability. Overall, while Roseland Senior Housing Corporation has a strong program focus, enhancing governance practices and financial transparency would be beneficial for its future.
This AI summary has been generated from information found on Charity Navigator.
Is Roseland Senior Housing Corporation legitimate?
Roseland Senior Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Roseland Senior Housing 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: $170,816
For more financial information, click here
What is the mission statement of Roseland Senior Housing Corporation?
Roseland Senior Housing Corporation is dedicated to catering to the needs of the elderly, encompassing their physical, social, and emotional well-being. The corporation's primary objective is to provide suitable housing and essential services, aiming to enhance the quality of life for its elderly residents. Roseland Manor, one of their facilities, houses approximately 60 elderly individuals, offering them a living space that addresses their diverse needs.
Who is the CEO of Roseland Senior Housing Corporation?
Elida Hernandez is the Chairman of Roseland Senior Housing Corporation.
What is the revenue of Roseland Senior Housing Corporation?
Roseland Senior Housing Corporation's revenue in 2023 was $1,361,715.
Who are the executives of Roseland Senior Housing Corporation and what are their salaries?
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $255,227
- Other: $40,428
- Compensation: $0
- Related: $227,328
- Other: $23,839
- Compensation: $0
- Related: $137,144
- Other: $49,028
- Compensation: $0
- Related: $146,128
- Other: $36,319
- Compensation: $0
- Related: $122,439
- Other: $9,518
- Compensation: $0
- Related: $104,900
- Other: $17,523
- Compensation: $0
- Related: $92,738
- Other: $20,249
- Compensation: $0
- Related: $69,813
- Other: $29,271
Where can I find the form 990 for Roseland Senior Housing Corporation?
Roseland Senior Housing Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Roseland Senior Housing Corporation
Roseland Senior Housing Corporation, a nonprofit organization, is dedicated to providing housing and essential services to the elderly. Its mission is to address the physical, social, and psycho-social needs of its elderly residents, ensuring they live with dignity and comfort. By offering housing solutions, this organization strives to meet the holistic requirements of its seniors, fostering an environment that promotes their well-being and overall quality of life. At Roseland Manor, the corporation houses around 60 elderly residents, demonstrating its commitment to community care.
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Impact
October, 2024
Roseland Senior Housing Corporation plays a crucial role in enhancing the quality of life for elderly residents in Chicago. By providing tailored housing and comprehensive services, the organization addresses the diverse needs of seniors, focusing on their physical, social, and psycho-social well-being. Roseland Manor accommodates around 60 residents, creating a supportive community that fosters social connections and engagement. This environment not only promotes physical health through accessible living arrangements but also encourages emotional and social interactions, significantly improving residents' overall quality of life. By prioritizing the holistic needs of the elderly, Roseland Senior Housing Corporation makes a positive impact on the community, ensuring that seniors receive the care and support they require to thrive.
This information is meant to be a general summary of Roseland Senior Housing 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 2023.
- Investment Income: $2,513
- Program Service Revenue: $1,348,838
- Gross Receipts: $1,361,715
Assets and Liabilities:
- Total Assets: $3,471,286
- Total Liabilities: $2,051,947
- Net Assets: $1,419,339
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Fees & Contracts Gov Agencies
Revenue
$1,177,799
Resident Rental Fees
Revenue
$171,039
Organization Details
Founding Year
1987
Phone
(312) 655-7000Principal Officer
Elida Hernandez
Main Address
721 N La Salle St, Chicago, IL, 60654
NTEE Category
Code: L22 - Housing
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