Overview
What is Goedert Senior Housing Corporation?
Goedert Senior Housing Corporation is a nonprofit organization situated in Chicago, Illinois, specifically at 721 N La Salle St. Their primary mission is to cater to the elderly population, offering housing and essential services to address their physical, social, and emotional needs. The Bishop Goedert Residence, under their care, accommodates approximately 70 elderly residents. The corporation's aim is to enrich the lives of the elderly by providing a supportive environment that fosters their well-being.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star Rating. This score reflects Goedert Senior Housing Corporation's performance primarily in the area of Accountability & Finance, which is fully weighted in the overall score. A three-star rating indicates that while the nonprofit meets basic operational standards, there may still be opportunities for improvement to reach higher performance levels.
The organization demonstrates strong accountability with no material diversion of assets, as evidenced by a perfect score in that category. Additionally, it maintains robust financial oversight practices, including comprehensive audit and oversight committee processes, and has well-established policies for conflict of interest, whistleblowing, and document retention. These practices contribute to a transparent operational framework that supports accountability to stakeholders.
However, while the program expense ratio is commendable at 77.73%, indicating a significant focus on mission-related activities, the overall rating suggests room for growth in areas not solely related to financial metrics. Continued attention to governance and programmatic effectiveness could enhance its standing in the nonprofit sector.
This AI summary has been generated from information found on Charity Navigator.
Is Goedert Senior Housing Corporation legitimate?
Goedert Senior Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Goedert 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: $164,837
For more financial information, click here
What is the mission statement of Goedert Senior Housing Corporation?
Goedert Senior Housing Corporation is committed to providing housing and essential services for the elderly, addressing their physical, social, and psychological needs. The corporation's mission is to create an environment that caters to the elderly, ensuring their overall well-being and quality of life. By offering housing and support services, Goedert Senior Housing Corporation aims to enhance the elderly's living experiences, fostering a sense of community and promoting their independence and dignity. The Bishop Goedert Residence, one of their facilities, houses around 70 residents, providing them with a secure and nurturing environment.
Who is the CEO of Goedert Senior Housing Corporation?
Elida Hernandez is the Chairman of Goedert Senior Housing Corporation.
What is the revenue of Goedert Senior Housing Corporation?
Goedert Senior Housing Corporation's revenue in 2023 was $1,016,143.
Who are the executives of Goedert 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 Goedert Senior Housing Corporation?
Goedert Senior Housing Corporation's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Goedert Senior Housing Corporation
Goedert Senior Housing Corporation, a nonprofit organization, is dedicated to catering to the needs of the elderly. Its mission is to provide suitable housing and essential services, addressing the physical, social, and psycho-social requirements of its elderly residents. The corporation strives to create an environment where seniors can live comfortably, engage in social activities, and receive necessary support to maintain their well-being. The Bishop Goedert Residence, a facility under Goedert Senior Housing Corporation, houses approximately 70 residents, demonstrating the organization's commitment to providing affordable and supportive housing options for the elderly community.
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Impact
October, 2024
Goedert Senior Housing Corporation significantly impacts the lives of elderly individuals by providing essential housing and services tailored to meet their physical, social, and psycho-social needs. Located in Chicago, the Bishop Goedert Residence accommodates approximately 70 residents, fostering a supportive community environment. By prioritizing holistic care, Goedert Senior Housing Corporation ensures that its residents not only have a safe place to live but also access to resources that enhance their overall well-being and quality of life. The organization plays a crucial role in addressing the challenges faced by the elderly, promoting social engagement, and ensuring their dignity and comfort in a nurturing setting. Through these efforts, Goedert Senior Housing Corporation contributes to the aging population's betterment, reinforcing the importance of compassion and care in senior living.
This information is meant to be a general summary of Goedert 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: $1,157
- Program Service Revenue: $995,948
- Gross Receipts: $1,016,143
Assets and Liabilities:
- Total Assets: $10,325,312
- Total Liabilities: $3,518,080
- Net Assets: $6,807,232
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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
$631,139
Resident Rental Fees
Revenue
$364,809
Organization Details
Founding Year
2003
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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