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Th Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 391796538 ✦ Shell lake, WI ✦ Designated as a 501(c)(3)

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Overview

What is Th Inc?

Th Inc is a nonprofit organization situated in Shell Lake, Wisconsin. With a mission to serve the elderly community, they operate a variety of housing facilities, including duplex units, community-based residential facilities, and residential care apartment complexes. Their primary objective is to provide affordable and high-quality living options for the local elderly population. The organization employs 52 individuals, dedicated to ensuring the well-being and comfort of their elderly tenants by offering housing, healthcare, and related services.


Official website here: www.th-glenview.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 77% (Three-Star out of Four Star rating)

Th Inc has received a Three-Star rating from Charity Navigator, reflecting a solid performance primarily in accountability and finance. The organization excels in several areas such as having a fully independent board and effective financial oversight, which indicates strong governance practices. Notably, they have a high program expense ratio of 93.98%, suggesting that a significant portion of their resources is dedicated to their mission.

However, there are some areas of concern that may impact their overall score. The organization lacks a whistleblower policy and has not posted its tax form on its website, which can affect transparency. Additionally, a liabilities to assets ratio of 129.44% raises questions about their financial stability and ability to manage debts compared to their assets.

Despite these limitations, Th Inc demonstrates a commitment to effective governance and financial management, which is crucial for donor confidence and support. Improving their transparency and addressing the noted weaknesses could enhance their overall rating and public perception.


This AI summary has been generated from information found on Charity Navigator.

Is Th Inc legitimate?

Th Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Th 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: $940,700

For more financial information, click here


Official website here: www.th-glenview.org

What is the mission statement of Th Inc?

Th Inc's mission is centered around providing quality and affordable living options for the local elderly population. They accomplish this by offering housing, healthcare, and related services to elderly tenants through various facilities such as duplex housing units, community-based residential facilities, and residential care apartment complexes. The organization aims to enhance the quality of life for the elderly, ensuring they have access to necessary care and accommodations.


Official website here: www.th-glenview.org

Who is the CEO of Th Inc?

Judy Bolterman is the Secretary/Treasurer of Th Inc.


Official website here: www.th-glenview.org

What is the revenue of Th Inc?

Th Inc's revenue in 2022 was $2,305,112.


Official website here: www.th-glenview.org

Who are the executives of Th Inc and what are their salaries?

The average compensation at Th Inc during 2022 was $18,090. There are 52 employees and 1 volunteer at Th Inc.


Here are 7 key members and their salaries:


Joni Christ (Secretary/Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeanne Chamberlain (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Bolterman (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Julie Sauer (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Troy Benzer (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Valerie Haack (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Pederson (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.th-glenview.org

Where can I find the form 990 for Th Inc?

Th Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.th-glenview.org

Learn more at the official website: www.th-glenview.org

Mission Statement of Th Inc

Th Inc, a nonprofit organization, is dedicated to providing quality and affordable living options for the local elderly population. Their mission is to offer housing, healthcare, and related services to elderly tenants through the operation of various residential facilities. This includes duplex housing units, community-based residential facilities, and residential care apartment complexes. By doing so, Th Inc aims to enhance the lives of the elderly, providing them with a secure and comfortable living environment.

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Impact




July, 2024

Th Inc's impact is evident in the improved quality of life for the local elderly population in Shell Lake, Wisconsin. By providing quality affordable living options, including housing, health care, and related services through various housing models, such as duplex units, residential care apartment complexes, and community-based residential facilities, Th Inc is enhancing the well-being of elderly tenants. The organization's dedication to offering housing solutions tailored to the needs of seniors underscores its commitment to ensuring that the elderly in Shell Lake have access to comfortable and supportive living arrangements. Through its focused mission of providing affordable living options, Th Inc is positively impacting the lives of the elderly in the community, contributing to their overall welfare and happiness.




This information is meant to be a general summary of Th 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.

Revenue
$2,305,112 (2022)
Expenses
$2,283,378 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $2,820
  • Program Service Revenue: $1,714,811
  • Gross Receipts: $2,305,112

Assets and Liabilities:

  • Total Assets: $2,094,684
  • Total Liabilities: $2,626,899
  • Net Assets: -$532,215

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RENT INCOME

Revenue

$1,582,764

SUPPLEMENTAL CARE SERV

Revenue

$44,396

MEAL INCOME

Revenue

$28,932

PROFESSIONAL SERVICES

Revenue

$17,610

CONTRACT SERVICE

Revenue

$16,632

Organization Details

Founding Year

1993

Principal Officer

Judy Bolterman

Main Address

201 GLENVIEW LANE, SHELL LAKE, WI, 54871

NTEE Category

Code: L22Z - Housing

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