Overview
What is Our Savior's Senior Housing Inc C/O Lutheran Social Services Of Illinois?
Our Savior's Senior Housing Inc, a service corporation affiliated with Lutheran Social Services of Illinois, is dedicated to catering to the specialized needs of elderly individuals. Located at 1001 E TOUHY AVENUE 50, DES PLAINES, IL 60018, this nonprofit organization offers 99 units of housing designed to promote the elderly's health, security, happiness, and usefulness. The housing provided by Our Savior's Senior Housing Inc is subsidized under HUD (Housing and Urban Development) programs, ensuring that it remains affordable for the intended population. This organization's mission is to provide elderly individuals with a living space that suits their unique requirements, thereby enhancing their quality of life.
Official website here: www.lssi.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Our Savior's Senior Housing Inc, affiliated with Lutheran Social Services of Illinois, has achieved a Three-Star rating from Charity Navigator, signifying that it meets certain standards in accountability and financial management. The organization's overall score is primarily derived from its accountability and finance metrics, which received a commendable score of 81%. This rating highlights the charity's commitment to transparency and effective governance.
The charity boasts a fully independent board, with 100% of its members meeting independence criteria. Additionally, it excels in various financial practices, including having comprehensive financial statements and strong audit oversight. Notably, it maintains a high program expense ratio of 92.22%, indicating that a significant portion of its expenses directly supports its mission.
However, the organization faces a challenge with its liabilities to assets ratio, which scored 0 out of 15 points, suggesting potential financial risk. This aspect could be seen as a limitation in its overall financial health. Nonetheless, the charity's strong policies regarding conflict of interest, whistleblower protections, and document retention indicate a robust framework for accountability.
This AI summary has been generated from information found on Charity Navigator.
Is Our Savior's Senior Housing Inc C/O Lutheran Social Services Of Illinois legitimate?
Our Savior's Senior Housing Inc C/O Lutheran Social Services Of Illinois is a legitimate nonprofit organization registered as a 501(c)(3) entity. Our Savior's Senior Housing Inc C/O Lutheran Social Services Of Illinois 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: $178,594
For more financial information, click here
Official website here: www.lssi.org
What is the mission statement of Our Savior's Senior Housing Inc C/O Lutheran Social Services Of Illinois?
Our Savior's Senior Housing Inc, under the auspices of Lutheran Social Services of Illinois, is established with the primary objective of offering housing facilities and services tailored to the unique needs of the elderly. The mission of this organization is to foster the health, security, happiness, and productivity of elderly individuals. By providing affordable housing in a facility with 99 units, Our Savior's Senior Housing Inc aims to create an environment that promotes the well-being of its residents. The corporation strives to enrich the lives of its elderly residents, ensuring they lead fulfilling and meaningful lives.
Official website here: www.lssi.org
Who is the CEO of Our Savior's Senior Housing Inc C/O Lutheran Social Services Of Illinois?
Mark A Stutrud is the Ceo of Our Savior's Senior Housing Inc C/O Lutheran Social Services Of Illinois. The CEO's salary of Our Savior's Senior Housing Inc C/O Lutheran Social Services Of Illinois is $0 and their total compensation is $821,672.
Official website here: www.lssi.org
What is the revenue of Our Savior's Senior Housing Inc C/O Lutheran Social Services Of Illinois?
Our Savior's Senior Housing Inc C/O Lutheran Social Services Of Illinois's revenue in 2023 was $1,336,013.
Official website here: www.lssi.org
Who are the executives of Our Savior's Senior Housing Inc C/O Lutheran Social Services Of Illinois and what are their salaries?
There 13 volunteers at Our Savior's Senior Housing Inc C/O Lutheran Social Services Of Illinois.
Here are 17 key members and their salaries (Our Savior's Senior Housing Inc C/O Lutheran Social Services Of Illinois's CEO's salary is $0 and their total compensation is $821,672):
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- Other: $7,992
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Official website here: www.lssi.org
Where can I find the form 990 for Our Savior's Senior Housing Inc C/O Lutheran Social Services Of Illinois?
Our Savior's Senior Housing Inc C/O Lutheran Social Services Of Illinois's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.lssi.org
Learn more at the official website: www.lssi.org
Mission Statement of Our Savior's Senior Housing Inc C/O Lutheran Social Services Of Illinois
Our Savior's Senior Housing Inc, a service corporation under Lutheran Social Services of Illinois, is dedicated to providing elderly individuals with housing facilities and services that cater to their unique needs. This nonprofit organization's mission is to enhance the elderly's health, security, happiness, and usefulness. By offering affordable housing in a facility with 99 units, Our Savior's Senior Housing Inc aims to create an environment that promotes the well-being of its elderly residents. The organization's services are designed to support and uplift its residents, fostering a sense of community and personal growth.
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Impact
October, 2024
Our Savior's Senior Housing Inc, in collaboration with Lutheran Social Services of Illinois, plays a vital role in enhancing the quality of life for elderly individuals in Des Plaines, IL. By providing 99 units of HUD-subsidized housing specifically designed for the elderly, this organization ensures that vulnerable seniors have access to affordable housing options that cater to their unique needs.
The mission focuses on creating an environment that promotes health, security, and happiness. This includes not only safe and comfortable living spaces, but also additional support services that help residents maintain their independence and well-being. By fostering a sense of community and providing tailored resources, Our Savior's Senior Housing Inc significantly improves the overall well-being of its residents, allowing them to lead fulfilling lives.
In summary, the organization’s impact is reflected in its commitment to addressing housing insecurity among the elderly and promoting their quality of life through dedicated facilities and specialized services.
This information is meant to be a general summary of Our Savior's Senior Housing Inc C/O Lutheran Social Services Of Illinois. 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: $2,737
- Program Service Revenue: $1,310,498
- Gross Receipts: $1,336,013
Assets and Liabilities:
- Total Assets: $3,067,632
- Total Liabilities: $2,686,064
- Net Assets: $381,568
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
GOVERNMENT CONTRACTS
Revenue
$922,008
TENANT RENTS
Revenue
$388,490
Organization Details
Founding Year
1992
Phone
(847) 635-4600Principal Officer
Mark A Stutrud
Main Address
1001 E TOUHY AVENUE 50, DES PLAINES, IL, 60018
Website
www.lssi.orgNTEE Category
Code: L210 - Housing
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