Overview
What is Matthew Senior Housing Corporation?
Matthew Senior Housing Corporation is a nonprofit organization situated in Chicago, Illinois, specifically at 721 N La Salle St, 60654. Their primary mission is to support the elderly, catering to their physical, social, and emotional needs. This is accomplished through the operation of two facilities, Matthew Manor and Ozanam Village, which together provide housing for around 120 elderly residents. The organization's services are designed to foster a holistic and comprehensive living experience for its elderly residents.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79% (Three-Star out of Four Stars)
Matthew Senior Housing Corporation has received a Three-Star rating from Charity Navigator, indicating a moderate level of financial health and accountability. The organization scored 79% in its accountability and finance score, reflecting solid management practices and transparency in its operations. The score is based entirely on this single beacon, which underscores the importance of financial responsibility for the organization.
The fiscal evaluation reveals that Matthew Senior Housing Corporation maintains excellent oversight measures, earning full points in categories such as financial statements, conflict of interest policy, and whistleblower policy. Furthermore, there are no reported material diversions of assets, which highlights the integrity of their financial practices. With a program expense ratio of 77.04%, the organization demonstrates its commitment to allocating a significant portion of funding towards its mission-driven activities.
However, while the financial health appears stable, the ratings do not provide a comprehensive view of the organization's impact or effectiveness in achieving its goals. Stakeholders might want to consider additional qualitative factors or seek further information on program outcomes to gain a complete understanding of Matthew Senior Housing Corporation's contributions to the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Matthew Senior Housing Corporation legitimate?
Matthew Senior Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Matthew 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: $348,215
For more financial information, click here
What is the mission statement of Matthew Senior Housing Corporation?
Matthew Senior Housing Corporation is committed to catering to the needs of the elderly, encompassing their physical, social, and psychological well-being. The organization provides housing and support services, aiming to enhance the overall living experience for its residents. Their residential facilities, such as Matthew Manor and Ozanam Village, house around 120 elderly individuals. The mission of Matthew Senior Housing Corporation is to create an inclusive environment that fosters independence, promotes social interaction, and addresses the unique psychosocial needs of its senior residents.
Who is the CEO of Matthew Senior Housing Corporation?
Elida Hernandez is the Chairman of Matthew Senior Housing Corporation.
What is the revenue of Matthew Senior Housing Corporation?
Matthew Senior Housing Corporation's revenue in 2023 was $1,523,128.
Who are the executives of Matthew 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: $104,894
- 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 Matthew Senior Housing Corporation?
Matthew Senior Housing Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Matthew Senior Housing Corporation
Matthew Senior Housing Corporation is dedicated to catering to the needs of the elderly, providing them with housing and essential services. Their mission is to address the elderly's physical, social, and psycho-social requirements, ensuring their overall well-being. This nonprofit organization houses approximately 120 residents at Matthew Manor and Ozanam Village, two of their facilities. Their services go beyond mere accommodation, aiming to foster a supportive environment that caters to the diverse needs of their elderly residents.
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Impact
October, 2024
Matthew Senior Housing Corporation plays a vital role in the community by providing essential housing and supportive services for the elderly, addressing their physical, social, and psycho-social needs. With facilities such as Matthew Manor and Ozanam Village, the organization offers a safe and welcoming environment for approximately 120 residents in Chicago, IL. By focusing on holistic care, Matthew Senior Housing Corporation fosters a sense of community, combatting isolation and promoting well-being among seniors. The organization's impact is significant, enhancing the quality of life for older adults and ensuring they have access to resources that support their independence and dignity.
This information is meant to be a general summary of Matthew 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: $3,197
- Program Service Revenue: $1,499,138
- Gross Receipts: $1,523,128
Assets and Liabilities:
- Total Assets: $8,361,292
- Total Liabilities: $1,274,779
- Net Assets: $7,086,513
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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
$1,097,995
Resident Rental Fees
Revenue
$401,143
Organization Details
Founding Year
1992
Phone
(312) 655-7000Principal Officer
Elida Hernandez
Main Address
721 N La Salle St, Chicago, IL, 60654
NTEE Category
Code: L20Z - Housing
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