Overview
What is St Michael's Lutheran Home For The Aged?
St. Michael's Lutheran Home for the Aged is a nonprofit organization situated in Fountain City, Wisconsin. Their primary focus is to provide assisted living services for the elderly, housing them in a 28-unit facility. During the current tax year, they offered 7,569 unit days of accommodation. Their mission is deeply rooted in sharing Christ's love, as they strive to cater to the spiritual, physical, intellectual, and emotional needs of the elderly individuals under their care and those they interact with. Their services extend beyond just housing, ensuring a holistic approach to care.
Official website here: www.thla.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
St Michael's Lutheran Home For The Aged has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization scored an 81% in this category, which indicates a good level of transparency and responsible financial management. The overall score is based entirely on accountability and finance metrics, showcasing the organization's commitment to maintaining high standards in these areas.
One of the key strengths noted is the composition of the board, which is made up entirely of independent members, ensuring unbiased decision-making. The organization also excels in having robust financial oversight mechanisms in place, demonstrated by their full scores in areas such as audit and oversight, conflict of interest policy, and whistleblower protections. Additionally, the program expense ratio is strong at 80.48%, suggesting that a significant portion of funds is directed to their programs and services.
However, a notable limitation is indicated by the liabilities to assets ratio, which stands at 182.16%. This suggests that the organization may have more liabilities than assets, which could be a potential concern for financial sustainability in the long run. Overall, while St Michael's Lutheran Home For The Aged demonstrates strong accountability practices, attention to its financial leverage may be necessary for future stability.
This AI summary has been generated from information found on Charity Navigator.
Is St Michael's Lutheran Home For The Aged legitimate?
St Michael's Lutheran Home For The Aged is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Michael's Lutheran Home For The Aged 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: $843,372
For more financial information, click here
Official website here: www.thla.org
What is the mission statement of St Michael's Lutheran Home For The Aged?
St. Michael's Lutheran Home for the Aged is committed to providing assisted living services. Their mission is to express Christ's love as they cater to the spiritual, physical, intellectual, and emotional needs of the elderly individuals under their care, as well as those whose lives they influence. They aim to create an environment that fosters well-being and compassion, ensuring that each resident feels valued and supported. The home also actively seeks to make a difference in the lives of those in its care, going beyond basic needs to enrich their overall quality of life.
Official website here: www.thla.org
Who is the CEO of St Michael's Lutheran Home For The Aged?
Mark Hayes is the Former Presi of St Michael's Lutheran Home For The Aged.
Official website here: www.thla.org
What is the revenue of St Michael's Lutheran Home For The Aged?
St Michael's Lutheran Home For The Aged's revenue in 2022 was $979,608.
Official website here: www.thla.org
Who are the executives of St Michael's Lutheran Home For The Aged and what are their salaries?
There 8 volunteers at St Michael's Lutheran Home For The Aged.
Here are 12 key members and their salaries:
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- Related: $205,606
- Other: $4,116
- Compensation: $96,463
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- Other: $0
Official website here: www.thla.org
Where can I find the form 990 for St Michael's Lutheran Home For The Aged?
St Michael's Lutheran Home For The Aged's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.thla.org
Learn more at the official website: www.thla.org
Mission Statement of St Michael's Lutheran Home For The Aged
St. Michael's Lutheran Home for the Aged is committed to providing assisted living services for the elderly. This mission is deeply rooted in the organization's desire to share Christ's love, extending it to the spiritual, physical, intellectual, and emotional needs of the individuals in their care and those whose lives they touch. The home operates a 28-unit assisted living facility, offering housing to the elderly, and during the current tax year, they rented out 7,569 unit days. By providing a nurturing environment, St. Michael's Lutheran Home for the Aged seeks to enrich the lives of its elderly residents, promoting their overall well-being and fostering a sense of community and belonging.
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Impact
July, 2024
St Michael's Lutheran Home For The Aged impacts the community by providing assisted living services for the elderly in a 28-unit facility in Fountain City, WI. Through their mission to share Christ's love and cater to the spiritual, physical, intellectual, and emotional needs of their residents, St Michael's Lutheran Home has created a supportive and caring environment for the elderly population. By offering housing and care services, they contribute to the well-being and quality of life of the seniors in their care and those they touch within the community.
This information is meant to be a general summary of St Michael's Lutheran Home For The Aged. 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.
- Program Service Revenue: $879,341
- Gross Receipts: $979,608
Assets and Liabilities:
- Total Assets: $380,093
- Total Liabilities: $692,390
- Net Assets: -$312,297
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT & PATIENT CARE
Revenue
$879,341
Organization Details
Founding Year
1947
Phone
(608) 687-7721Principal Officer
Mark Hayes
Main Address
270 NORTH STREET, FOUNTAIN CITY, WI, 54629
Website
www.thla.orgNTEE Category
Code: X20 - Religion related
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