Overview
What is Lourdes Assisted Living Corporation?
Lourdes Assisted Living Corporation, operating under the name Mendelson Home, is a nonprofit organization situated in Waterford, Michigan. The corporation operates a licensed 60-unit assisted living facility that provides round-the-clock care for the elderly, upholding a commitment to equality and acceptance, irrespective of race, creed, or religion. Lourdes Senior Community, sponsored by the Dominican Sisters of Peace, embodies a broad spectrum of care for seniors and their families. Their mission is grounded in compassion, love, respect, and dignity, ensuring that each individual's uniqueness is honored. With a workforce of 113 dedicated individuals, Lourdes Assisted Living Corporation fulfills its mission of offering full continuum care for seniors.
Official website here: www.lourdesseniorcommunity.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96% (Four-Star out of Four Star rating)
Lourdes Assisted Living Corporation demonstrates exceptional performance in financial accountability and transparency, achieving a Four-Star rating from Charity Navigator. The organization's high score is based solely on its Accountability & Finance metrics, reflecting a strong commitment to responsible management and ethical practices.
Strengths of the organization include a fully independent board, with 93% of members being independent, and robust financial oversight, as evidenced by their perfect scores in areas such as the Audit and Oversight Committee and conflict of interest policies. The organization maintains a high program expense ratio of 80.56%, indicating that a significant portion of its funding is directed towards its programs and mission.
While the data provided does not highlight any major limitations, it is important for potential donors and stakeholders to review additional qualitative aspects of the organization to gain a comprehensive understanding of its impact and effectiveness in serving its community. Overall, Lourdes Assisted Living Corporation sets a strong example in nonprofit governance and financial stewardship.
This AI summary has been generated from information found on Charity Navigator.
Is Lourdes Assisted Living Corporation legitimate?
Lourdes Assisted Living Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lourdes Assisted Living 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: $2,194,753
For more financial information, click here
Official website here: www.lourdesseniorcommunity.org
What is the mission statement of Lourdes Assisted Living Corporation?
Lourdes Assisted Living Corporation, inspired by the teachings of Jesus and sponsored by the Dominican Sisters of Peace, is dedicated to providing a comprehensive range of care for seniors and their families. Their mission is grounded in compassion, love, respect, and dignity, recognizing the unique qualities of each individual they serve. Lourdes Senior Community operates a licensed 60-unit apartment assisted living facility, offering 24-hour supervised care to the elderly, ensuring their well-being and safety around the clock. The corporation's values extend beyond basic care, as they strive to treat every senior with the utmost respect and dignity, fostering an environment that supports their physical, emotional, and spiritual needs.
Official website here: www.lourdesseniorcommunity.org
Who is the CEO of Lourdes Assisted Living Corporation?
Richard Acho is the President/Ceo of Lourdes Assisted Living Corporation. The CEO's salary of Lourdes Assisted Living Corporation is $0 and their total compensation is $6,770.
Official website here: www.lourdesseniorcommunity.org
What is the revenue of Lourdes Assisted Living Corporation?
Lourdes Assisted Living Corporation's revenue in 2022 was $4,781,632.
Official website here: www.lourdesseniorcommunity.org
Who are the executives of Lourdes Assisted Living Corporation and what are their salaries?
The average compensation at Lourdes Assisted Living Corporation during 2022 was $19,423. There are 113 employees and 35 volunteers at Lourdes Assisted Living Corporation.
Here are 21 key members and their salaries (Lourdes Assisted Living Corporation's CEO's salary is $0 and their total compensation is $6,770):
- Compensation: $0
- Related: $216,334
- Other: $10,286
- Compensation: $0
- Related: $0
- Other: $6,770
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Compensation: $0
- Related: $76,162
- Other: $8,275
- Compensation: $103,912
- Related: $0
- Other: $9,774
- Compensation: $102,047
- Related: $0
- Other: $9,022
Official website here: www.lourdesseniorcommunity.org
Where can I find the form 990 for Lourdes Assisted Living Corporation?
Lourdes Assisted Living Corporation's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lourdesseniorcommunity.org
Learn more at the official website: www.lourdesseniorcommunity.org
Mission Statement of Lourdes Assisted Living Corporation
Lourdes Assisted Living Corporation, guided by the Gospel of Jesus and sponsored by the Dominican Sisters of Peace, is dedicated to providing a comprehensive range of care for seniors and their families. This nonprofit organization, inspired by a deep sense of compassion, love, respect, and dignity, operates a licensed 60-unit Assisted Living Facility. At Lourdes, the elderly receive 24-hour supervised care, ensuring their unique needs are met with the utmost consideration and respect. The mission of Lourdes Assisted Living Corporation is centered around honoring each individual's uniqueness, upholding their dignity, and offering care regardless of race, creed, or religion.
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Impact
July, 2024
Lourdes Assisted Living Corporation positively impacts the community by providing a full continuum of care for seniors regardless of race, creed, or religion. Their operation of a licensed 60-unit assisted living facility in Waterford, MI offers 24-hour supervised care to the elderly. Inspired by the gospel of Jesus and sponsored by the Dominican Sisters of Peace, Lourdes Senior Community honors the uniqueness of each person with compassion, love, respect, and dignity. Through their dedicated work, they support seniors and their families by providing essential housing and care services.
This information is meant to be a general summary of Lourdes Assisted Living 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 2022.
- Investment Income: $335,122
- Program Service Revenue: $3,550,324
- Gross Receipts: $4,781,632
Assets and Liabilities:
- Total Assets: $12,895,604
- Total Liabilities: $171,667
- Net Assets: $12,723,937
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICES
Revenue
$3,549,664
GUEST MEALS
Revenue
$660
Organization Details
Founding Year
1998
Phone
(248) 674-2241Principal Officer
Richard Acho
Main Address
2300 WATKINS LAKE ROAD, WATERFORD, MI, 48328
NTEE Category
Code: L22 - Housing
If you are a representative of Lourdes Assisted Living Corporation 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.