Overview
What is West Town Senior Residence Inc?
West Town Senior Residence Inc is a nonprofit organization dedicated to serving the elderly community. They oversee a 100-unit housing project, adhering to Section 223f of the National Housing Act. Their mission is multifaceted, aiming to cater to the physical, social, spiritual, and psychological needs of their residents. Their flagship property, The Linden House, is situated in Chicago, Illinois. West Town Senior Residence Inc's primary focus is on providing affordable and supportive living spaces for the elderly, striving to improve their overall well-being.
Official website here: www.thelindenhouses.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81%
West Town Senior Residence Inc has received a Three-Star out of Four Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization scores well overall, particularly for its independent board composition, with 81% of its board members being independent, which suggests a commitment to governance integrity.
The nonprofit excels in its financial oversight, as evidenced by its perfect scores in areas such as audit and oversight, material diversion of assets, and various policy implementations, including conflict of interest and whistleblower policies. Furthermore, an impressive program expense ratio of 85.26% indicates that a significant portion of its funds is directed towards its programs.
While the organization demonstrates strong governance and financial practices, it may still benefit from areas of growth that could enhance transparency or stakeholder engagement. Overall, the rating reflects a commendable level of operational effectiveness, assuring donors and stakeholders of its commitment to serving the community.
This AI summary has been generated from information found on Charity Navigator.
Is West Town Senior Residence Inc legitimate?
West Town Senior Residence Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. West Town Senior Residence Inc 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: $285,916
For more financial information, click here
Official website here: www.thelindenhouses.org
What is the mission statement of West Town Senior Residence Inc?
West Town Senior Residence Inc's mission is centered around providing low-income housing. Their goal is to cater to the comprehensive needs of their elderly residents, encompassing their physical, social, spiritual, and psychological well-being. This organization operates a 100-unit project in accordance with Section 223f of the National Housing Act. The Linden House, serving as their flagship property, is situated in Chicago, IL, further emphasizing their commitment to this cause.
Official website here: www.thelindenhouses.org
Who is the CEO of West Town Senior Residence Inc?
Sr Mary Ellen Goeller Ph is the Principal Officer of West Town Senior Residence Inc.
Official website here: www.thelindenhouses.org
What is the revenue of West Town Senior Residence Inc?
West Town Senior Residence Inc's revenue in 2022 was $2,117,819.
Official website here: www.thelindenhouses.org
Who are the executives of West Town Senior Residence Inc and what are their salaries?
There 11 volunteers at West Town Senior Residence Inc.
Here are 11 key members and their salaries:
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Official website here: www.thelindenhouses.org
Where can I find the form 990 for West Town Senior Residence Inc?
West Town Senior Residence Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thelindenhouses.org
Learn more at the official website: www.thelindenhouses.org
Mission Statement of West Town Senior Residence Inc
West Town Senior Residence, a nonprofit organization, is dedicated to providing low-income housing that caters to the holistic needs of its elderly residents. This mission is carried out through the operation of a 100-unit project, in line with Section 223f of the National Housing Act. The organization's goal is to ensure that the physical, social, spiritual, and psychological needs of its residents are met within this housing environment. The Linden House, located in Chicago, IL, serves as the flagship property for West Town Senior Residence, embodying their commitment to affordable and comprehensive housing for the elderly.
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Impact
October, 2024
West Town Senior Residence Inc significantly impacts the community by providing essential low-income housing specifically designed for elderly residents. Located in Chicago, Illinois, their flagship property, the Linden House, consists of 100 units that cater to the unique needs of older adults.
The organization prioritizes not only the physical well-being of its residents but also their social, spiritual, and psychological needs. By fostering a supportive and nurturing environment, West Town Senior Residence promotes a sense of community among residents, enhancing their quality of life. This not only helps individuals maintain their independence but also combats isolation and loneliness often experienced by the elderly.
Moreover, access to safe and affordable housing is crucial for fostering health equity. By alleviating financial burdens related to housing, West Town Senior Residence enables residents to allocate resources to other essentials, such as healthcare and wellness activities, further supporting their overall health and wellbeing. Their mission aligns closely with public health goals, contributing significantly to the health of the community at large.
This information is meant to be a general summary of West Town Senior Residence Inc. 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: $7,973
- Program Service Revenue: $322,180
- Gross Receipts: $2,117,819
Assets and Liabilities:
- Total Assets: $6,446,365
- Total Liabilities: $12,111,999
- Net Assets: -$5,665,634
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT & CHARGES
Revenue
$322,180
Organization Details
Founding Year
1993
Phone
(312) 382-3237Principal Officer
Sr Mary Ellen Goeller Ph
Main Address
566 W LAKE ST 400, CHICAGO, IL, 60661
Website
www.thelindenhouses.orgNTEE Category
Code: E91Z - Health
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