Overview
What is Theresa Living Center?
Theresa Living Center is a nonprofit organization situated in St. Paul, Minnesota, offering transitional housing services for single women and mothers with infants under one year old. Their residential program provides affordable housing based on the participants' income, support services, and case management. The organization operates through the Coordinated Entry Program and offers weekly workshops on various life skills, such as finances, parenting, tenant-landlord relationships, and career planning. Theresa Living Center's mission is to help single women and families reclaim self-dignity and economic independence following a period of homelessness. They provide financial housing support, basic needs, and collaborate with community resources to maximize services and accountability. Their strategic plan includes preparing new programming in health, education/career, life skills, and finance to empower their clients towards self-sufficiency.
Official website here: www.theresalivingcenter.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Star rating)
Theresa Living Center has achieved an impressive Four-Star rating from Charity Navigator, reflecting its high standards in accountability and finance. With a score of 96%, the organization demonstrates transparency and effective management of its resources. The center boasts a fully independent board and scores highly on various governance metrics, such as having no material diversion of assets and robust financial oversight.
The nonprofit excels in its program expense ratio, allocating over 85% of its expenditures directly to programs, indicating a strong commitment to its mission and beneficiaries. Additionally, the center maintains essential policies, including conflict of interest and whistleblower policies, which further enhance its governance and ethical practices. The high scores in culture and community suggest that Theresa Living Center fosters a positive environment for its stakeholders.
While the organization's financial health appears solid, with a low liabilities-to-assets ratio, ongoing transparency and adherence to best practices will be crucial for maintaining its strong reputation. Overall, Theresa Living Center emerges as a well-managed nonprofit that effectively supports its mission while ensuring accountability and financial integrity.
This AI summary has been generated from information found on Charity Navigator.
Is Theresa Living Center legitimate?
Theresa Living Center is a legitimate nonprofit organization registered as a 501(c)(3) entity. Theresa Living Center 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: $111,014
Professional Fundraising Fees: $0
Other Salaries and Wages: $287,327
For more financial information, click here
Official website here: www.theresalivingcenter.org
What is the mission statement of Theresa Living Center?
The Theresa Living Center's mission is to offer transitional housing and rapid re-housing opportunities to single women and families who have experienced homelessness and are striving to regain self-dignity and economic independence. The center provides financial housing support and essential services to assist clients in their quest for self-sufficiency. The organization believes in the strength of individuals and families to make positive life changes and become self-sufficient. As part of its 2022-2025 strategic plan, the Theresa Living Center aims to provide high-quality services and prepare new programming for residential participants, focusing on health, education/career, life skills, and finance. Additionally, the center collaborates with community resources and partnerships to maximize services and accountability.
Official website here: www.theresalivingcenter.org
Who is the CEO of Theresa Living Center?
Dennis Williams is the Executive Di of Theresa Living Center.
Official website here: www.theresalivingcenter.org
What is the revenue of Theresa Living Center?
Theresa Living Center's revenue in 2022 was $904,956.
Official website here: www.theresalivingcenter.org
Who are the executives of Theresa Living Center and what are their salaries?
The average compensation at Theresa Living Center during 2022 was $36,213. There are 11 employees and 19 volunteers at Theresa Living Center.
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Official website here: www.theresalivingcenter.org
Where can I find the form 990 for Theresa Living Center?
Theresa Living Center's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.theresalivingcenter.org
Learn more at the official website: www.theresalivingcenter.org
Mission Statement of Theresa Living Center
Theresa Living Center is dedicated to providing transitional housing and rapid re-housing opportunities for single women and single-parent families who have experienced homelessness and are aiming to regain self-dignity and economic independence. The center offers financial housing support and basic needs services to assist its clients in their journey towards self-sufficiency. The organization believes in the inherent strength of individuals and families facing homelessness to make positive life changes.
As part of its 2022-2025 strategic plan, Theresa Living Center aims to provide high-quality services to its homeless clients. One of its goals is to prepare and implement new programming focused on health, education/career, life skills, and finance for its residential participants. By offering these programs, the center aims to empower its clients and equip them with the necessary tools to overcome their current situation and build a sustainable future.
Another goal of Theresa Living Center is to collaborate with community resources and partnerships to maximize services and accountability. By working together with other organizations, Theresa Living Center can ensure that its clients receive the most comprehensive support possible, increasing their chances of achieving self-sufficiency. The center's mission is to offer a supportive environment where individuals and families can regain their footing and rebuild their lives, ultimately transitioning out of homelessness and into a more stable future.
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Impact
October, 2024
Theresa Living Center plays a vital role in transforming the lives of single women and single-parent families who have experienced homelessness. By providing transitional housing in a supportive residential setting, the Center offers a pathway for individuals to rebuild their self-dignity and achieve economic independence. The impact extends beyond mere shelter; it incorporates financial housing support and essential services aimed at achieving self-sufficiency.
The Center emphasizes holistic support through a structured approach that includes life skills workshops, career planning, and financial education, empowering residents with the tools needed for sustainable living. This focus on personal development not only assists in immediate recovery but fosters long-term resilience.
Collaboration with community resources enhances the effectiveness of the services offered, ensuring that each participant has access to a comprehensive network of support. As part of its strategic goals for 2022-2025, Theresa Living Center aims to expand programming that addresses critical areas like health, education, and finance, reinforcing its commitment to facilitating positive life changes for those in need.
The immediate and long-term benefits of these initiatives contribute to reduced homelessness in the area and create a stronger, more self-sufficient community. Through its programs, Theresa Living Center directly impacts individuals' lives, helping them reclaim their strength and independence.
This information is meant to be a general summary of Theresa Living Center. 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: $375
- Program Service Revenue: $13,946
- Gross Receipts: $904,956
Assets and Liabilities:
- Total Assets: $1,197,710
- Total Liabilities: $158,494
- Net Assets: $1,039,216
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HOUSING FEES
Revenue
$13,946
Organization Details
Founding Year
1987
Phone
(651) 774-5594Principal Officer
Dennis Williams
Main Address
917 JESSAMINE AVE E, ST PAUL, MN, 55106
Website
www.theresalivingcenter.orgNTEE Category
Code: L41 - Housing
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