Overview
What is Tolton Senior Housing Corporation?
Tolton Senior Housing Corporation is a nonprofit organization situated in Chicago, Illinois, specifically at 721 N La Salle St, 60654. Their primary mission is to cater to the elderly population, offering housing and services to address their physical, social, and emotional needs. The organization, known as Tolton Manor, accommodates around 80 residents, providing a supportive environment that prioritizes their overall well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star rating.
Tolton Senior Housing Corporation has received a commendable rating of 79%, indicating a solid performance in accountability and finance. This score is derived from a comprehensive evaluation focusing solely on financial health, which underscores the organization’s commitment to transparency and effective financial management.
The organization excels in several key areas, including a perfect score for its financial statements and adherence to policies regarding conflict of interest, whistleblowing, and document retention. Additionally, it maintains a low liabilities to assets ratio of 7.46%, suggesting sound financial stability. With a program expense ratio of 76.76%, Tolton Senior Housing demonstrates its focus on directing funds towards its mission and programs.
However, the reliance on a single beacon score could limit a broader view of the organization’s overall impact, as other factors such as community engagement and effectiveness in achieving mission goals are not reflected in this rating. Nonetheless, the strong accountability and finance score indicates robust operational practices that are crucial for nonprofit sustainability.
This AI summary has been generated from information found on Charity Navigator.
Is Tolton Senior Housing Corporation legitimate?
Tolton Senior Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Tolton 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: $154,111
For more financial information, click here
What is the mission statement of Tolton Senior Housing Corporation?
Tolton Senior Housing Corporation is dedicated to serving the elderly population, offering housing and essential services to cater to their physical, social, and emotional needs. The corporation's mission is to create an environment that addresses the holistic needs of its residents, ensuring they live comfortably and maintain their well-being. Tolton Manor, one of its facilities, houses around 80 elderly individuals, providing them with a suitable living space. The corporation aims to enhance the quality of life for its residents by addressing their physical and emotional needs, fostering a sense of community, and promoting overall well-being.
Who is the CEO of Tolton Senior Housing Corporation?
Elida Hernandez is the Chairman of Tolton Senior Housing Corporation.
What is the revenue of Tolton Senior Housing Corporation?
Tolton Senior Housing Corporation's revenue in 2023 was $1,063,724.
Who are the executives of Tolton 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 Tolton Senior Housing Corporation?
Tolton Senior Housing Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Tolton Senior Housing Corporation
Tolton Senior Housing Corporation, as a nonprofit organization, is dedicated to providing housing and essential services for the elderly. Their mission is to cater to the physical, social, and psycho-social needs of senior residents, ensuring they live in an environment that promotes their overall well-being. The corporation operates Tolton Manor, which accommodates around 80 elderly individuals, providing them with a secure and supportive living space.
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Impact
October, 2024
Tolton Senior Housing Corporation significantly enhances the quality of life for elderly residents in Chicago, providing a safe and supportive living environment through Tolton Manor. By housing approximately 80 residents, the organization addresses critical physical, social, and psycho-social needs, fostering a sense of community among seniors. The services offered not only ensure access to essential resources but also promote social interaction and mental well-being, ultimately enriching the lives of those it serves. Through its dedicated efforts, Tolton Senior Housing Corporation plays a vital role in improving the overall well-being of the elderly population in the area.
This information is meant to be a general summary of Tolton 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: $1,653
- Program Service Revenue: $1,046,654
- Gross Receipts: $1,063,724
Assets and Liabilities:
- Total Assets: $4,332,709
- Total Liabilities: $323,567
- Net Assets: $4,009,142
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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
$788,215
Resident Rental Fees
Revenue
$258,439
Organization Details
Founding Year
1993
Phone
(312) 655-7000Principal Officer
Elida Hernandez
Main Address
721 N La Salle St, Chicago, IL, 60654
NTEE Category
Code: L22 - Housing
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