Overview
What is First Senior Housing Corporation C/O First Lutheran Church?
First Senior Housing Corporation C/O First Lutheran Church is a nonprofit organization based in Janesville, Wisconsin. Established in 1996, its primary mission is to construct, operate, and manage senior housing facilities. The organization is responsible for two senior citizen housing projects, named "First Senior Apartments," which have been partially funded by the State of Wisconsin under the Home Investment Partnerships Program and financed by the Wisconsin Housing and Economic Development Authority (WHEDA). The first phase of 45 units was made available in November 1997, followed by the second phase with 36 units in June 1999. The organization provides senior housing facilities with a total of 81 units, aiming to support the needs and well-being of the elderly community in Janesville.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 79%, Three-Star out of Four Star Rating
First Senior Housing Corporation, associated with First Lutheran Church, has received a solid rating of 79%, which translates to a Three-Star rating. This score reflects a robust performance in the Accountability & Finance beacon, indicating strong financial practices and transparency. The charity has demonstrated compliance with critical governance standards, particularly by maintaining a fully independent board, which contributes positively to its accountability.
The charity excels in various financial aspects, achieving full points for its independent board size and the absence of material diversion of assets. Additionally, it maintains comprehensive financial statements and adheres to policies regarding conflicts of interest and whistleblowing. These strengths suggest that the organization is well-managed and committed to ethical practices.
However, while the financial metrics are commendable, the rating is based solely on the Accountability & Finance beacon, leaving out other areas such as impact or program effectiveness. This limitation means that while the organization shows good financial health, potential donors may want to look for additional information regarding its overall impact on the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is First Senior Housing Corporation C/O First Lutheran Church legitimate?
First Senior Housing Corporation C/O First Lutheran Church is a legitimate nonprofit organization registered as a 501(c)(3) entity. First Senior Housing Corporation C/O First Lutheran Church 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 First Senior Housing Corporation C/O First Lutheran Church?
The First Senior Housing Corporation was established in 1996 with a mission to construct and manage two senior housing facilities. This non-profit organization, in accordance with Wisconsin's not-for-profit statutes, aimed to provide affordable living spaces for the elderly. The project, named "First Senior Apartments," was partially funded by the State of Wisconsin's Home Investment Partnerships Program and financed by the Wisconsin Housing and Economic Development Authority (WHEDA). The first phase of 45 units was made available in November 1997, followed by the second phase of 36 units in June 1999. The organization's primary objective was to offer senior citizens comfortable living spaces.
Who is the CEO of First Senior Housing Corporation C/O First Lutheran Church?
Kevin Mcmullen is the Chair of First Senior Housing Corporation C/O First Lutheran Church.
What is the revenue of First Senior Housing Corporation C/O First Lutheran Church?
First Senior Housing Corporation C/O First Lutheran Church's revenue in 2022 was $891,436.
Who are the executives of First Senior Housing Corporation C/O First Lutheran Church and what are their salaries?
There 8 volunteers at First Senior Housing Corporation C/O First Lutheran Church.
Here are 8 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for First Senior Housing Corporation C/O First Lutheran Church?
First Senior Housing Corporation C/O First Lutheran Church's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of First Senior Housing Corporation C/O First Lutheran Church
First Senior Housing Corporation C/O First Lutheran Church, established in 1996, was formed as a nonprofit organization with the mission to construct and operate housing facilities for senior citizens. In accordance with Wisconsin's not-for-profit statutes, the organization set out to address the housing needs of the elderly community. The cornerstone of their project, known as "First Senior Apartments," was partially funded by the State of Wisconsin under the Home Investment Partnerships Program and was further financed by the Wisconsin Housing and Economic Development Authority (WHEDA). The housing project was divided into two phases, with the first phase of 45 units being placed in service in November 1997, and the second phase of 36 units following suit in June 1999. Through this initiative, First Senior Housing Corporation C/O First Lutheran Church has contributed significantly to the welfare of senior citizens, providing them with safe and comfortable living arrangements.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
July, 2024
First Senior Housing Corporation, operating under First Lutheran Church, has had a significant impact by providing essential housing facilities for senior citizens in Janesville, Wisconsin. By constructing and managing two housing facilities with a total of 81 units, the organization addresses the critical need for senior housing in the community. Through their project "First Senior Apartments," partially funded by the state of Wisconsin and WHEDA, they have been able to offer comfortable and affordable living spaces for seniors since 1997. This initiative not only caters to the housing needs of seniors but also contributes to enhancing their quality of life and ensuring a supportive environment for aging residents in Janesville.
This information is meant to be a general summary of First Senior Housing Corporation C/O First Lutheran Church. 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: $7,831
- Program Service Revenue: $883,605
- Gross Receipts: $891,436
Assets and Liabilities:
- Total Assets: $3,659,178
- Total Liabilities: $2,990,822
- Net Assets: $668,356
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL INCOME
Revenue
$875,293
MISC INCOME FROM RESID
Revenue
$8,312
Organization Details
Founding Year
1996
Phone
(608) 223-7545Principal Officer
Kevin Mcmullen
Main Address
612 N RANDALL AVE, JANESVILLE, WI, 53545
NTEE Category
Code: L22 - Housing
If you are a representative of First Senior Housing Corporation C/O First Lutheran Church 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.