Skaalendal Inc

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

EIN: 391840749 ✦ Stoughton, WI ✦ Designated as a 501(c)(3)

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Overview

What is Skaalendal Inc?

Skaalendal Inc is a nonprofit organization situated in Stoughton, Wisconsin, specifically at 400 North Morris Street. Their primary mission is to offer affordable retirement housing for seniors aged 62 and above. They own and manage 50 single-story condominiums designed for independent living, ensuring a maintenance-free lifestyle for their residents. The condominiums come equipped with various ancillary and support services to establish a secure environment for the elderly.

Is Skaalendal Inc legitimate?

Skaalendal Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Skaalendal 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 Skaalendal Inc?

Skaalendal Inc, as an organization, is committed to providing affordable retirement housing for individuals aged 62 and above. Their mission is to create a secure living environment for independent adults, offering maintenance-free condominiums. The ancillary and support services they provide are designed to enhance the quality of life for their residents, contributing to their overall well-being. The company owns 50 single-story condominiums, each equipped with two bedrooms, catering to the needs of senior citizens seeking carefree living.

Who is the CEO of Skaalendal Inc?

Kris Krentz is the Sec/Treas of Skaalendal Inc.

What is the revenue of Skaalendal Inc?

Skaalendal Inc's revenue in 2022 was $155,226.

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


Here are 4 key members and their salaries:


Rev Scott Geister-Jones (Sec/Treas)
  • Compensation: $0
  • Related: $0
  • Other: $0
Matt Roethe (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Meg Veek (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kris Krentz (President/Ce)
  • Compensation: $0
  • Related: $196,882
  • Other: $52,000
Where can I find the form 990 for Skaalendal Inc?

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

Mission Statement of Skaalendal Inc

Skaalendal Inc, a nonprofit organization, is dedicated to providing affordable retirement housing for seniors aged 62 and above. Their mission is to create a secure living environment for independent adults, offering maintenance-free two-bedroom condominiums. These residences are equipped with numerous ancillary and support services to ensure the comfort and well-being of their residents. The organization's goal is to make retirement living more affordable and hassle-free for the elderly, providing them with a carefree lifestyle.

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Impact




October, 2024

Skaalendal Inc significantly impacts the community by providing affordable retirement housing tailored for seniors aged 62 and older. By owning 50 single-story condominiums, it offers residents the opportunity for independent living in a maintenance-free environment. Each two-bedroom unit is designed to enhance the quality of life for its residents, incorporating a range of ancillary services that promote security and comfort.

This initiative not only addresses the critical need for affordable housing options for seniors but also fosters a sense of community among residents. By ensuring that older adults have access to safe and supportive living conditions, Skaalendal Inc plays a vital role in enhancing their well-being and ensuring they can live independently while receiving necessary support. The thoughtful design and amenities provided contribute to a carefree lifestyle, allowing seniors to enjoy their retirement years with dignity and peace of mind.




This information is meant to be a general summary of Skaalendal 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
$155,226 (2022)
Expenses
$634,035 (2022)
Efficiency

Other financial information:

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

  • Investment Income: -$270,838
  • Program Service Revenue: $426,064
  • Gross Receipts: $155,226

Assets and Liabilities:

  • Total Assets: $9,198,482
  • Total Liabilities: $8,328,425
  • Net Assets: $870,057

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Programs

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

MONTHLY SERVICE FEES

Revenue

$362,901

AMORTIZATION OF ENTRANCE FEES

Revenue

$63,163

Organization Details

Founding Year

1995

Principal Officer

Kris Krentz

Main Address

400 NORTH MORRIS STREET, STOUGHTON, WI, 53589

NTEE Category

Code: L22 - Housing

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