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Lss Housing Eau Claire Inc

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

EIN: 391904974 ✦ West allis, WI ✦ Designated as a 501(c)(3)

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Overview

What is Lss Housing Eau Claire Inc?

Lss Housing Eau Claire Inc, located at 6737 W Washington Street 2275, West Allis, Wisconsin 53214, is a nonprofit organization dedicated to offering premier low-income housing facilities and services for its tenants. The organization, in collaboration with the US Department of Housing & Urban Development, manages Jeffers Road Apartments, featuring 8 subsidized housing units designed specifically for developmentally disabled adults. The property amenities include an on-site manager, community room, laundry facilities, well-maintained landscaping, pet-friendly environment, secure building, cable hookup, and furnished refrigerators and ranges. Lss Housing Eau Claire Inc is managed by Lutheran Social Services of Wisconsin and Upper Michigan, whose mission is to act compassionately, serve humbly, and lead courageously.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 87%, Three-Star out of Four Star rating

Lss Housing Eau Claire Inc has received an 87% score from Charity Navigator, reflecting a strong performance in accountability and finance. The rating is based entirely on their Accountability & Finance metrics, indicating a solid foundation for the organization's operations. This rating highlights their commitment to transparency and responsible financial management.

The organization boasts a well-structured governance system, with 55% of board members being independent. They have implemented key policies such as a whistleblower policy and document retention practices, both of which are essential for maintaining integrity and trust. Additionally, their liabilities to assets ratio stands at 31.36%, suggesting a manageable level of debt relative to their overall assets.

One of the significant strengths of Lss Housing Eau Claire Inc is their program expense ratio, which at 88.36% indicates that a substantial portion of their expenses directly supports their programs. However, while the organization shows a solid financial footing, potential donors and stakeholders should continue to monitor ongoing financial reports to ensure sustained performance and address any future challenges.


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

Is Lss Housing Eau Claire Inc legitimate?

Lss Housing Eau Claire Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lss Housing Eau Claire 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: $25,286

For more financial information, click here

What is the mission statement of Lss Housing Eau Claire Inc?

Lss Housing Eau Claire Inc's mission statement can be summarized as follows: The organization strives to act with compassion, serve humbly, and lead courageously. This mission is reflected in their dedication to providing low-income housing facilities and services for disabled adults. They operate with a focus on serving their tenants with premier accommodations, offering amenities such as an on-site manager, community room, laundry facilities, and well-maintained outdoor areas. Their management is handled by Lutheran Social Services of Wisconsin and Upper Michigan, an organization that shares the same mission of acting compassionately, serving humbly, and leading courageously.

What is the revenue of Lss Housing Eau Claire Inc?

Lss Housing Eau Claire Inc's revenue in 2023 was $68,250.

Who are the executives of Lss Housing Eau Claire Inc and what are their salaries?

There 9 volunteers at Lss Housing Eau Claire Inc.

Here are 9 key members and their salaries:


Hector Colon (President)
  • Compensation: $0
  • Related: $461,890
  • Other: $38,239
Joseph Arzbecker (Vp/Asst Secretary)
  • Compensation: $0
  • Related: $302,410
  • Other: $32,914
Randy Oleszak (Vp/Asst Treasurer)
  • Compensation: $0
  • Related: $295,243
  • Other: $24,608
Dennis Hanson (Vp/Asst Secretary)
  • Compensation: $0
  • Related: $160,935
  • Other: $13,201
Jose Olivieri (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Eric Lorenz (First Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Katie Baardseth (Second Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Michael Losenegger (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Franklin Cumberbatch (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Lss Housing Eau Claire Inc?

Lss Housing Eau Claire Inc's most recent form 990 was submitted in 2023 and can be accessed here.

Mission Statement of Lss Housing Eau Claire Inc

Lss Housing Eau Claire Inc, a nonprofit organization, is committed to acting with compassion, serving humbly, and leading courageously. Central to their mission is providing low-income housing facilities and services for disabled adults. Specifically, they manage Jeffers Road Apartments, offering eight subsidized housing units in collaboration with the US Department of Housing & Urban Development. The apartments cater to developmentally disabled individuals, ensuring they live in a well-maintained environment with amenities such as an on-site manager, community room, laundry facilities, and outdoor seating areas. Pets are welcome at Jeffers Road, and the building is secured for the safety of its residents. Cable hookups and furnished refrigerators and ranges are also provided, making the living experience more comfortable. Overall, Lss Housing Eau Claire Inc demonstrates its mission through its commitment to providing premium housing and care for disabled adults, embodying the values of compassion, humility, and courageous leadership.

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Impact




August, 2024

LSS Housing Eau Claire Inc's impact is significant as it provides essential low-income housing facilities and services for disabled adults. Specifically, the organization operates the Jeffers Road Apartments, offering 8 subsidized units for developmentally disabled individuals in partnership with the US Department of Housing & Urban Development. The property, managed by Lutheran Social Services of Wisconsin and Upper Michigan, adheres to a mission of acting compassionately, serving humbly, and leading courageously. Jeffers Road Apartments provide a range of amenities including an on-site manager, community room, laundry facilities, well-maintained landscaping with outdoor seating areas, pet-friendly policies, secure building features, cable hookups, and furnished appliances. Through its services, LSS Housing Eau Claire Inc positively impacts the lives of its tenants by ensuring they have access to safe and affordable housing that meets their specific needs.




This information is meant to be a general summary of Lss Housing Eau Claire 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
$68,250 (2023)
Expenses
$105,381 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $21
  • Program Service Revenue: $68,229
  • Gross Receipts: $68,250

Assets and Liabilities:

  • Total Assets: $604,450
  • Total Liabilities: $189,587
  • Net Assets: $414,863

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Programs

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

NET RENTAL INCOME

Revenue

$68,229

Organization Details

Founding Year

1997

Principal Officer

Hector Colon

NTEE Category

Code: L22Z - Housing

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