Overview
What is Iris Park Commons?
Iris Park Commons is a nonprofit organization situated in St. Paul, Minnesota, specifically at 1850 University Avenue West, 55104. Its primary focus is to cater to the needs of senior adults aged 62 and above. The organization operates a 61-unit congregate housing facility in association with the Episcopal Church Home of Minnesota. Iris Park Commons strives to address the physical, social, spiritual, and psychological well-being of its residents, ensuring they live with comfort and support. The mission of this nonprofit is to improve the quality of life for senior adults by providing homes and services that meet their diverse needs effectively.
Official website here: www.ehomesmn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Star rating)
Iris Park Commons has achieved a solid Three-Star rating from Charity Navigator, reflecting its commitment to accountability and financial transparency. The organization scored 81% overall, with its score derived entirely from its Accountability & Finance metrics. This suggests that Iris Park Commons maintains strong financial practices and governance structures.
One of the key strengths of the organization is its independent board, with all members being independent, which promotes unbiased decision-making and oversight. The organization has also implemented robust financial oversight mechanisms, evidenced by its strong performance in areas such as financial statements and material diversion of assets, where it received full points in all relevant categories.
Despite its positive attributes, concerns may arise regarding the salaries of key personnel, which could be perceived as high compared to typical compensation in the nonprofit sector. Nevertheless, the high program expense ratio of 85.53% indicates that a significant portion of resources is directed toward programs, aligning with the organization's mission.
This AI summary has been generated from information found on Charity Navigator.
Is Iris Park Commons legitimate?
Iris Park Commons is a legitimate nonprofit organization registered as a 501(c)(3) entity. Iris Park Commons 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: $628,502
For more financial information, click here
Official website here: www.ehomesmn.org
What is the mission statement of Iris Park Commons?
Iris Park Commons is committed to improving the quality of life for senior adults. Their mission is to offer homes and services that cater to the physical, social, and spiritual needs of each individual resident. The organization is designed to serve adults aged 62 and above, ensuring they receive comprehensive care and support to enhance their overall well-being. Iris Park Commons operates a 61-unit congregate housing facility, working in close collaboration with the Episcopal Church Home of Minnesota. The goal is to provide a holistic living environment that meets the diverse needs of its senior residents.
Official website here: www.ehomesmn.org
Who is the CEO of Iris Park Commons?
Marvin Plakut is the President/Ceo of Iris Park Commons. The CEO's salary of Iris Park Commons is $0 and their total compensation is $340,653.
Official website here: www.ehomesmn.org
What is the revenue of Iris Park Commons?
Iris Park Commons's revenue in 2022 was $4,029,066.
Official website here: www.ehomesmn.org
Who are the executives of Iris Park Commons and what are their salaries?
There 30 volunteers at Iris Park Commons.
Here are 26 key members and their salaries (Iris Park Commons's CEO's salary is $0 and their total compensation is $340,653):
- Compensation: $0
- Related: $326,339
- Other: $14,314
- Compensation: $0
- Related: $195,260
- Other: $27,908
- Compensation: $0
- Related: $150,647
- Other: $28,252
- Compensation: $0
- Related: $146,530
- Other: $10,338
- Compensation: $0
- Related: $105,489
- Other: $16,920
- Compensation: $0
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- Other: $0
Official website here: www.ehomesmn.org
Where can I find the form 990 for Iris Park Commons?
Iris Park Commons's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ehomesmn.org
Learn more at the official website: www.ehomesmn.org
Mission Statement of Iris Park Commons
Iris Park Commons, a nonprofit organization, is dedicated to enhancing the quality of life for senior adults. Their mission is to provide homes and services that cater to the physical, social, and spiritual needs of individuals aged 62 and above. This esteemed organization operates a 61-unit congregate housing facility, attached to the Episcopal Church Home of Minnesota, where they diligently attend to the diverse needs of their elderly residents. By offering a nurturing environment, Iris Park Commons strives to support the overall well-being of each resident, ensuring they live with dignity and independence.
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Impact
July, 2024
Iris Park Commons has a significant impact on the quality of life for senior adults in St. Paul, MN. By providing homes and services that support the physical, social, and spiritual needs of individuals aged 62 and older, this organization plays a crucial role in enhancing the well-being of its residents. Through its 61 unit congregate housing facility, Iris Park Commons creates a supportive and nurturing environment for older adults, ensuring they receive the care and attention necessary to lead fulfilling lives.
This information is meant to be a general summary of Iris Park Commons. 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: $5,272
- Program Service Revenue: $3,908,294
- Gross Receipts: $4,029,066
Assets and Liabilities:
- Total Assets: $4,346,014
- Total Liabilities: $6,731,849
- Net Assets: -$2,385,835
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENTAL REVENUE
Revenue
$3,908,294
Organization Details
Founding Year
1992
Phone
(651) 632-8801Principal Officer
Marvin Plakut
Main Address
1850 UNIVERSITY AVENUE WEST, ST PAUL, MN, 55104
Website
www.ehomesmn.orgNTEE Category
Code: L22 - Housing
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