Overview
What is Lutheran Homes?
Lutheran Homes is a nonprofit organization, specifically referred to as Halstad Living Center, located in Twin Valley, Minnesota. With a team of 100 dedicated individuals, their primary mission is to create living environments that promote the health, independence, and overall quality of life for elderly men and women. During the fiscal year ending September 30, 2022, they provided approximately 14,097 resident days of long-term care to seniors. This nonprofit focuses on enhancing the lives of older adults, ensuring they can live with dignity and autonomy.
Official website here: www.lutheranlivingcenter.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: 96% (Four-Star out of Four Stars)
Lutheran Homes has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong commitment to accountability and finance. The rating indicates that the organization has effectively managed its resources, with a focus on transparency and responsible governance. The score is primarily derived from an impressive accountability and finance score of 96%, highlighting the organization's dedication to ethical practices.
One of the standout features of Lutheran Homes is its independent board, which consists of 100% independent members, showcasing a robust governance structure. The organization has received full marks in several key areas, including its conflict of interest policy, whistleblower policy, and the oversight of financial statements. This solid framework ensures that the nonprofit operates with integrity and financial accountability.
While the data does not indicate any significant limitations, it is noteworthy that the organization maintains a very high program expense ratio of 87.34%. This suggests that a substantial portion of its funds is directed toward its programs, reaffirming its mission-driven focus. Overall, Lutheran Homes exemplifies a well-managed nonprofit with strong governance and a clear commitment to its mission.
This AI summary has been generated from information found on Charity Navigator.
Is Lutheran Homes legitimate?
Lutheran Homes is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Homes 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: $160,329
Professional Fundraising Fees: $0
Other Salaries and Wages: $2,898,849
For more financial information, click here
Official website here: www.lutheranlivingcenter.com
What is the mission statement of Lutheran Homes?
Lutheran Homes is dedicated to providing living environments for seniors that prioritize their health, independence, and quality of life. Their mission is to maximize these aspects for the elderly men and women in their care. During the fiscal year ending on September 30, 2022, Lutheran Homes offered approximately 14,097 resident days of long-term care. This commitment is reflected in their daily operations, aiming to enhance the lives of seniors in their care.
Official website here: www.lutheranlivingcenter.com
Who is the CEO of Lutheran Homes?
Angela Nelson is the President of Lutheran Homes.
Official website here: www.lutheranlivingcenter.com
What is the revenue of Lutheran Homes?
Lutheran Homes's revenue in 2022 was $4,809,216.
Official website here: www.lutheranlivingcenter.com
Who are the executives of Lutheran Homes and what are their salaries?
The average compensation at Lutheran Homes during 2022 was $30,592. There are 100 employees at Lutheran Homes.
Here are 9 key members and their salaries:
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- Compensation: $111,049
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- Other: $34,745
Official website here: www.lutheranlivingcenter.com
Where can I find the form 990 for Lutheran Homes?
Lutheran Homes's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.lutheranlivingcenter.com
Learn more at the official website: www.lutheranlivingcenter.com
Mission Statement of Lutheran Homes
Lutheran Homes, as a nonprofit organization, is dedicated to providing living environments that enhance the health, independence, and quality of life for seniors. Their mission is centered around creating environments that cater to the needs of elderly men and women, aiming to optimize their well-being and autonomy. During the fiscal year ending on September 30, 2022, Lutheran Homes provided approximately 14,097 resident days of long-term care, demonstrating their commitment to this mission.
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Impact
July, 2024
Lutheran Homes is making a significant impact by providing living environments for seniors that maximize health, independence, and quality of life. During the fiscal year ending on September 30, 2022, Lutheran Homes offered approximately 14,097 resident days of long-term care for elderly men and women in Twin Valley, MN. By fulfilling its mission of enhancing the well-being and autonomy of seniors, Lutheran Homes is actively contributing to the health and quality of life of its residents.
This information is meant to be a general summary of Lutheran Homes. 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: -$95,966
- Program Service Revenue: $4,765,399
- Gross Receipts: $4,911,432
Assets and Liabilities:
- Total Assets: $3,556,095
- Total Liabilities: $936,098
- Net Assets: $2,619,997
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT SERVICE REVENUE
Revenue
$4,703,727
MISCELLANEOUS INCOME
Revenue
$18,408
HOME DELIVERED MEALS
Revenue
$17,382
CAFETERIA INCOME
Revenue
$13,064
CLINIC RENT
Revenue
$10,500
Organization Details
Founding Year
1969
Phone
(218) 456-2105Principal Officer
Angela Nelson
Main Address
PO BOX 480, TWIN VALLEY, MN, 56584
Website
www.lutheranlivingcenter.comNTEE Category
Code: E91Z - Health
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