Overview
What is Lutheran Housing Of La Crosse Inc?
Lutheran Housing Of La Crosse Inc is a nonprofit organization established in La Crosse, Wisconsin. They specialize in providing affordable housing for individuals who fall under the categories of low income, elderly, physically handicapped, and chronically mentally ill residents. The organization operates two distinct properties: a 10-unit group home and a 20-unit apartment building, both designed to cater to this specific group of people. The rent for these units is subsidized by the U.S. Department of Housing and Urban Development's Section 8 program, ensuring that the cost remains affordable for the tenants.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 53%, One-Star out of Four Stars
Lutheran Housing Of La Crosse Inc has received a One-Star rating from Charity Navigator, indicating significant concerns with its accountability and finance practices. The overall score is based solely on a single beacon score, which stands at 53%. This rating reflects weaknesses in areas such as board independence and missing key governance policies, which raises questions about the organization’s transparency and management.
The organization has a high program expense ratio of 84.36%, suggesting that a significant portion of its expenditures are directed towards its programs rather than administrative costs. However, the lack of an independent board, with no independent members among the ten board members, and missing essential policies like those for conflict of interest and whistleblower protections, highlight major areas needing improvement.
While the charity has demonstrated sound management of its liabilities with a ratio of 24.04%, the absence of required governance documents and policies could hinder its credibility and effectiveness in the long run. Stakeholders may want to consider these factors when assessing the organization's overall integrity and commitment to best practices in nonprofit governance.
This AI summary has been generated from information found on Charity Navigator.
Is Lutheran Housing Of La Crosse Inc legitimate?
Lutheran Housing Of La Crosse Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Housing Of La Crosse 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0
For more financial information, click here
What is the mission statement of Lutheran Housing Of La Crosse Inc?
Lutheran Housing Of La Crosse Inc is dedicated to providing affordable housing for elderly, handicapped, and chronically mentally ill residents. Their mission is realized through the operation of a 10-unit group home and a 20-unit apartment building. These residential facilities cater to low-income, physically handicapped tenants. The rental income generated from these tenants is subsidized by the U.S. Department of HUD, specifically the Section 8 program. This assistance enables the organization to maintain affordable housing options for those in need.
Who is the CEO of Lutheran Housing Of La Crosse Inc?
Unavailable
What is the revenue of Lutheran Housing Of La Crosse Inc?
Lutheran Housing Of La Crosse Inc's revenue in 2022 was $207,948.
Who are the executives of Lutheran Housing Of La Crosse Inc and what are their salaries?
There 1 volunteer at Lutheran Housing Of La Crosse Inc.
Here are 6 key members and their salaries:
- Compensation: $0
- Related: $151,832
- Other: $43,811
- Compensation: $0
- Related: $103,178
- Other: $40,036
- Compensation: $0
- Related: $284,169
- Other: $53,972
- Compensation: $0
- Related: $141,811
- Other: $41,810
- Compensation: $0
- Related: $99,402
- Other: $16,120
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lutheran Housing Of La Crosse Inc?
Lutheran Housing Of La Crosse Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lutheran Housing Of La Crosse Inc
Lutheran Housing Of La Crosse Inc is dedicated to providing affordable living accommodations for elderly, handicapped, and chronically mentally ill individuals. As a mission-driven organization, Lutheran Housing strives to create a welcoming environment where these residents can live comfortably and independently. The organization operates two facilities: a group home with ten units and an apartment building with twenty units, all of which are subsidized by the U.S. Department of HUD's Section 8 program. This financial assistance enables the organization to keep rent prices affordable, ensuring that low-income, physically handicapped tenants can secure a place to call home. The mission of Lutheran Housing Of La Crosse Inc is to offer a safe and supportive living environment for those in need, empowering them to maintain their independence and dignity.
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Impact
October, 2024
Lutheran Housing of La Crosse Inc significantly impacts the La Crosse community by providing essential low-income housing for elderly, handicapped, and chronically mentally ill residents. Operating a 10-unit group home and a 20-unit apartment building, it addresses critical housing needs for vulnerable populations. By offering subsidized rent through the U.S. Department of HUD’s Section 8 program, it ensures that individuals who may struggle to afford housing have a safe and stable living environment. This initiative not only enhances the quality of life for its residents but also fosters a sense of community and support, promoting dignity and independence among those it serves. Through its dedicated efforts, Lutheran Housing of La Crosse contributes to alleviating housing insecurity and improving overall well-being in the region.
This information is meant to be a general summary of Lutheran Housing Of La Crosse 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: $276
- Program Service Revenue: $204,056
- Gross Receipts: $207,948
Assets and Liabilities:
- Total Assets: $369,049
- Total Liabilities: $88,755
- Net Assets: $280,294
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$204,056
Organization Details
Founding Year
1992
Phone
(608) 775-9487Main Address
1900 SOUTH AVENUE, LA CROSSE, WI, 54601
NTEE Category
Code: L21Z - Housing
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