Overview
What is Franciscan Tertiary Province Of The Sacred Heart Inc?
Franciscan Tertiary Province Of The Sacred Heart Inc is a nonprofit organization situated in Oak Brook, Illinois. With a focus on serving the community, they operate a residential rental retirement facility specifically catering to the needs of low-income elderly individuals. The organization employs a team of 42 individuals, dedicated to ensuring the well-being and comfort of their residents. The facility provides a secure living environment, offering essential services and support to its elderly inhabitants, thereby contributing positively to the local community.
Official website here: www.mayslake.com
What are the reviews and ratings of this charity?
Charity Navigator Rating 96% - Four-Star out of Four Star Rating
The Franciscan Tertiary Province Of The Sacred Heart Inc has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. With an overall score of 96%, the organization demonstrates effective management and transparency, indicated by its perfect scores in leadership adaptability and adherence to policies such as conflict of interest and whistleblower protections.
Strengths of the organization include a fully independent board and a solid financial structure, with no material diversion of assets reported. The program expense ratio stands at an impressive 68.81%, showcasing its commitment to utilizing funds directly for its core mission of providing essential services to low-income older adults, including affordable housing and health support.
Despite its positive rating, the organization should continue to monitor its liabilities to assets ratio, which, while acceptable at 45.49%, could benefit from ongoing improvement. Overall, the Franciscan Tertiary Province Of The Sacred Heart Inc is positioned well in terms of financial health and program effectiveness, making a significant impact in the communities it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Franciscan Tertiary Province Of The Sacred Heart Inc legitimate?
Franciscan Tertiary Province Of The Sacred Heart Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Franciscan Tertiary Province Of The Sacred Heart 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: $215,867
Professional Fundraising Fees: $0
Other Salaries and Wages: $174,290
For more financial information, click here
Official website here: www.mayslake.com
What is the mission statement of Franciscan Tertiary Province Of The Sacred Heart Inc?
The Franciscan Tertiary Province Of The Sacred Heart Inc is dedicated to operating a residential rental retirement facility for low-income elderly individuals. This organization provides a living space for senior citizens who may be financially challenged, ensuring they can enjoy their retirement years in a secure environment. The mission of Franciscan Tertiary Province Of The Sacred Heart Inc is centered around supporting this particular demographic by offering affordable housing options.
Official website here: www.mayslake.com
Who is the CEO of Franciscan Tertiary Province Of The Sacred Heart Inc?
Bernadette Mayer is the Vice President of Franciscan Tertiary Province Of The Sacred Heart Inc. The CEO's salary of Franciscan Tertiary Province Of The Sacred Heart Inc is $150,031 and their total compensation is $165,034.
Official website here: www.mayslake.com
What is the revenue of Franciscan Tertiary Province Of The Sacred Heart Inc?
Franciscan Tertiary Province Of The Sacred Heart Inc's revenue in 2023 was $3,260,551.
Official website here: www.mayslake.com
Who are the executives of Franciscan Tertiary Province Of The Sacred Heart Inc and what are their salaries?
The average compensation at Franciscan Tertiary Province Of The Sacred Heart Inc during 2023 was $9,289. There are 42 employees and 20 volunteers at Franciscan Tertiary Province Of The Sacred Heart Inc.
Here are 14 key members and their salaries (Franciscan Tertiary Province Of The Sacred Heart Inc's CEO's salary is $150,031 and their total compensation is $165,034):
- Compensation: $196,243
- Related: $0
- Other: $19,624
- Compensation: $150,031
- Related: $0
- Other: $15,003
- Compensation: $128,329
- Related: $0
- Other: $12,833
- Compensation: $117,199
- Related: $0
- Other: $11,720
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.mayslake.com
Where can I find the form 990 for Franciscan Tertiary Province Of The Sacred Heart Inc?
Franciscan Tertiary Province Of The Sacred Heart Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.mayslake.com
Learn more at the official website: www.mayslake.com
Mission Statement of Franciscan Tertiary Province Of The Sacred Heart Inc
Franciscan Tertiary Province Of The Sacred Heart Inc is dedicated to serving the low-income elderly population. Their primary mission involves operating a residential rental retirement facility, providing a secure and affordable living space for this demographic. By doing so, they contribute to enhancing the quality of life for the elderly, ensuring they can age with dignity and independence. The organization's focus on low-income individuals highlights their commitment to social justice and equitable living conditions, ensuring that everyone, regardless of their financial situation, deserves a comfortable retirement.
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Impact
October, 2024
Franciscan Tertiary Province Of The Sacred Heart Inc significantly contributes to the well-being of low-income elderly individuals by providing affordable residential rental options. Their focus on creating a supportive living environment enables seniors to maintain their independence while having access to essential services. The facility fosters a sense of community, ensuring that residents can engage socially and receive necessary care. By addressing the specific needs of elderly individuals with limited financial resources, they enhance the quality of life for many and promote dignity and respect during the elder years. Overall, their work plays a crucial role in improving the lives of vulnerable populations in Oak Brook, Illinois, and beyond.
This information is meant to be a general summary of Franciscan Tertiary Province Of The Sacred Heart 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 2023.
- Investment Income: $423
- Program Service Revenue: $3,260,128
- Gross Receipts: $3,260,551
Assets and Liabilities:
- Total Assets: $3,615,260
- Total Liabilities: $1,644,915
- Net Assets: $1,970,345
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL
Revenue
$1,643,542
VARIOUS
Revenue
$1,616,586
Organization Details
Founding Year
1963
Principal Officer
Bernadette Mayer
Main Address
1801 35TH STREET, OAK BROOK, IL, 60523
Website
www.mayslake.comNTEE Category
Code: P75 - Human services
If you are a representative of Franciscan Tertiary Province Of The Sacred Heart Inc and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.