Overview
What is Twin City Christian Homes Services?
Twin City Christian Homes Services, operating under the name Avinity Services Company, is a nonprofit organization situated in Richfield, Minnesota. Established with the purpose of supporting Avinity, Inc. and its affiliated entities, they provide various management services such as personnel, property, and financial management. These functions ensure financial stability while maintaining affordable and appropriate care and services for their tenants. Avinity Services Company's mission is to strengthen and sustain the operations of Avinity, Inc. and its associated entities. They aim to ensure financial sustainability while prioritizing the wellbeing of their tenants. With a team of six dedicated individuals, they contribute to the overall mission of Avinity, Inc. and its affiliates.
Official website here: www.avinityseniorliving.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (Two-Star out of Four Star rating, 66%)
Twin City Christian Homes Services, operating as Avinity Services, has received a Two-Star rating reflecting a need for improvement in several areas of accountability and finance. Notably, the organization has an independent board with 83% of members being independent and a strong score in audit financial statements, indicating a commitment to transparency. However, the low liabilities to assets ratio raises concerns about its financial health, signaling potential risks in sustainability.
Strengths of the organization include strong policies in place, such as conflict of interest and whistleblower policies, which enhance governance practices. The board's meetings are documented, and financial audits are conducted effectively. However, the lack of a posted tax form on the nonprofit's website limits transparency for potential donors and stakeholders.
Despite these positive aspects, the program expense ratio of 57.70% suggests that a significant portion of funds is not allocated directly to programs, which may affect the impact the organization has on its mission. The overall financial indicators are concerning, and addressing these issues will be crucial for improving the organization's standing and effectiveness in serving its community.
This AI summary has been generated from information found on Charity Navigator.
Is Twin City Christian Homes Services legitimate?
Twin City Christian Homes Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Twin City Christian Homes Services 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: $370,892
Professional Fundraising Fees: $0
Other Salaries and Wages: $102,776
For more financial information, click here
Official website here: www.avinityseniorliving.org
What is the mission statement of Twin City Christian Homes Services?
Twin City Christian Homes Services, operating as Avinity Services Company, is dedicated to supporting the activities of Avinity, Inc. and its affiliated entities. Their mission is to ensure financial stability and viability for these organizations, while simultaneously providing appropriate and affordable levels of care and services to their tenants. This is achieved through various support functions such as personnel, property, and financial management.
Official website here: www.avinityseniorliving.org
What is the revenue of Twin City Christian Homes Services?
Twin City Christian Homes Services's revenue in 2023 was $640,296.
Official website here: www.avinityseniorliving.org
Who are the executives of Twin City Christian Homes Services and what are their salaries?
The average compensation at Twin City Christian Homes Services during 2023 was $118,417. There are 4 employees and 5 volunteers at Twin City Christian Homes Services.
Here are 7 key members and their salaries:
- Compensation: $184,509
- Related: $0
- Other: $21,144
- Compensation: $148,760
- Related: $0
- Other: $16,479
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.avinityseniorliving.org
Where can I find the form 990 for Twin City Christian Homes Services?
Twin City Christian Homes Services's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.avinityseniorliving.org
Learn more at the official website: www.avinityseniorliving.org
Mission Statement of Twin City Christian Homes Services
Twin City Christian Homes Services, doing business as Avinity Services Company, is committed to supporting the activities of Avinity, Inc. and its affiliated entities. This organization provides essential business management services and other support functions, ensuring financial viability while maintaining appropriate and affordable levels of care and services for their tenants. By offering services such as personnel, property, and financial management, Avinity Services Company plays a vital role in supporting its parent organization and affiliated entities in their mission.
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Impact
July, 2024
Twin City Christian Homes Services Dba Avinity Services Company, operating as Avinity Services Company, plays a crucial role in supporting Avinity, Inc. and its affiliated entities. By providing essential business management services such as personnel, property, and financial management, this organization ensures the financial viability of its affiliates while delivering appropriate and affordable levels of care and services to tenants. In doing so, they contribute significantly to the overall effectiveness and sustainability of Avinity's mission to support and improve the well-being of individuals in the community. Their impact can be seen through their dedication to enhancing the quality of life for those they serve and their commitment to promoting community improvement.
This information is meant to be a general summary of Twin City Christian Homes Services. 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: $4,150
- Program Service Revenue: $620,959
- Gross Receipts: $640,296
Assets and Liabilities:
- Total Assets: $1,072,040
- Total Liabilities: $6,184,570
- Net Assets: -$5,112,530
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$620,959
Organization Details
Founding Year
1987
Principal Officer
Mark Meyer
Website
www.avinityseniorliving.orgNTEE Category
Code: S50 - Community improvement
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