Overview
What is Maple Lawn Homes Inc?
Maple Lawn Homes Inc, based in Eureka, Illinois, is a nonprofit organization with a mission to foster enriched quality living for elderly residents. They achieve this through providing independent living opportunities, specifically in the form of cottage leases, for up to 135 residents. The organization operates with a spirit of compassion, embodying Christian values, as reflected in their mission statement. With a workforce of 24 employees, Maple Lawn Homes Inc is committed to supporting their residents in maintaining a fulfilling lifestyle.
Official website here: www.maplelawnhomes.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Maple Lawn Homes Inc has received a Three-Star rating from Charity Navigator, reflecting a solid score of 81%. This rating highlights the organization's strong emphasis on accountability and finance, with the entire score derived from a single beacon that focuses on these areas. This comprehensive assessment considers factors such as board independence, financial oversight, and the presence of essential policies, indicating a commitment to transparent and responsible management.
The organization boasts an impressive 91.68% program expense ratio, suggesting that a significant portion of its expenditures directly supports its mission. Additionally, Maple Lawn Homes Inc has achieved high marks for having an entirely independent board and the presence of proper auditing and oversight mechanisms. These strengths contribute positively to the nonprofit's operational integrity and reliability.
However, a notable concern arises from the organization's liabilities to assets ratio, which stands at 122.43%. This figure indicates that the nonprofit has more liabilities than assets, raising potential questions about its financial sustainability. While the organization excels in various governance aspects, this limitation should be considered by potential donors and stakeholders evaluating its long-term viability.
This AI summary has been generated from information found on Charity Navigator.
Is Maple Lawn Homes Inc legitimate?
Maple Lawn Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Maple Lawn Homes 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: $102,500
Professional Fundraising Fees: $0
Other Salaries and Wages: $160,763
For more financial information, click here
Official website here: www.maplelawnhomes.com
What is the mission statement of Maple Lawn Homes Inc?
Maple Lawn Homes Inc's mission is centered around promoting and supporting enriched quality living for elderly residents. They operate with a spirit of love reminiscent of Christ. This is achieved through providing independent living opportunities for 135 elderly residents, leveraging cottage leases as a primary means of accommodation. The organization's goal is to create an environment that fosters a high quality of life for its residents.
Official website here: www.maplelawnhomes.com
Who is the CEO of Maple Lawn Homes Inc?
Jeremy Lakosh is the Board Chair of Maple Lawn Homes Inc. The CEO's salary of Maple Lawn Homes Inc is $102,500 and their total compensation is $102,500.
Official website here: www.maplelawnhomes.com
What is the revenue of Maple Lawn Homes Inc?
Maple Lawn Homes Inc's revenue in 2022 was $1,499,908.
Official website here: www.maplelawnhomes.com
Who are the executives of Maple Lawn Homes Inc and what are their salaries?
The average compensation at Maple Lawn Homes Inc during 2022 was $10,969. There are 24 employees and 10 volunteers at Maple Lawn Homes Inc.
Here are 8 key members and their salaries (Maple Lawn Homes Inc's CEO's salary is $102,500 and their total compensation is $102,500):
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- Compensation: $102,500
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Official website here: www.maplelawnhomes.com
Where can I find the form 990 for Maple Lawn Homes Inc?
Maple Lawn Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.maplelawnhomes.com
Learn more at the official website: www.maplelawnhomes.com
Mission Statement of Maple Lawn Homes Inc
Maple Lawn Homes Inc, as a nonprofit organization, is committed to promoting and supporting enriched quality living for the elderly. This mission is carried out in the spirit of Christ-like love, implying a sense of compassionate care and respect towards its residents. The primary activity of Maple Lawn Homes Inc is providing independent living opportunities for elderly residents through cottage leases. This means that elderly individuals have the autonomy to live independently within the care and support structure of the organization. The focus on enriched quality living suggests that Maple Lawn Homes Inc strives to create an environment where its residents can lead fulfilling and enjoyable lives, while the reference to Christ-like love indicates a strong values-based approach to care.
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Impact
July, 2024
Maple Lawn Homes Inc, based in Eureka, IL, has a significant impact on the community by providing independent living through cottage leases for 135 elderly residents. The organization promotes and supports enriched quality living in a spirit of Christ-like love, ensuring that these residents are cared for and have a comfortable living environment. Through their human services, Maple Lawn Homes Inc plays a crucial role in enhancing the quality of life for elderly individuals in need of support and care.
This information is meant to be a general summary of Maple Lawn Homes 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 2022.
- Investment Income: $53,038
- Program Service Revenue: $1,407,994
- Gross Receipts: $1,869,169
Assets and Liabilities:
- Total Assets: $7,628,600
- Total Liabilities: $9,340,023
- Net Assets: -$1,711,423
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
COTTAGE REVENUE
Revenue
$1,407,994
Organization Details
Founding Year
1985
Phone
(309) 431-1946Principal Officer
Jeremy Lakosh
Main Address
116 SOUTH CLINTON DRIVE, EUREKA, IL, 61530
Website
www.maplelawnhomes.comNTEE Category
Code: P75Z - Human services
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