Overview
What is Presbyterian Homes Housing & Assisted Living Inc?
Presbyterian Homes Housing & Assisted Living, Inc. is a prominent nonprofit organization based in Minnesota and Iowa. With a mission to honor God by enriching the lives and touching the hearts of older adults, they operate several senior housing facilities. These facilities include skilled nursing homes, assisted living apartments, and independent senior living apartments, with a total capacity of over 6,000 residences. In Minnesota, they have campuses in Roseville, Little Canada, Plymouth, Burnsville, and St. Paul, with new additions in St. Paul, Shorewood, and White Bear Lake. Their facilities cater to various needs, with memory care specific assisted living apartments, traditional assisted living apartments, and independent senior living apartments. They provide a comprehensive range of services tailored to older adults, employing a workforce of over 9,600 individuals.
Official website here: www.preshomes.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Presbyterian Homes Housing & Assisted Living Inc holds a two-star rating from Charity Navigator, reflecting a need for improvement in its organizational practices. With an overall score of 66%, the organization shows strengths in its financial oversight, with a perfect score for its audit and oversight committee, as well as having no material diversion of assets reported. However, the lack of independent board members significantly affects its accountability score, highlighting a potential area for concern in governance.
The organization has established several important policies, such as those addressing conflicts of interest and whistleblower protections, which are positively noted. Nonetheless, its failure to list its tax form on the nonprofit's website and the high liabilities to assets ratio of 75.76% raise questions about its financial health and transparency. These issues could impact donor confidence and long-term sustainability.
Overall, while Presbyterian Homes demonstrates effective program spending with a program expense ratio of 76.88%, its governance and financial management practices require critical attention to improve its rating and operational integrity. Addressing these shortcomings could enhance its accountability and ultimately benefit the community it serves.
This AI summary has been generated from information found on Charity Navigator.
Is Presbyterian Homes Housing & Assisted Living Inc legitimate?
Presbyterian Homes Housing & Assisted Living Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Presbyterian Homes Housing & Assisted Living 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: $3,804,537
Professional Fundraising Fees: $0
Other Salaries and Wages: $34,068,601
For more financial information, click here
Official website here: www.preshomes.org
What is the mission statement of Presbyterian Homes Housing & Assisted Living Inc?
Presbyterian Homes Housing & Assisted Living Inc is dedicated to enriching the lives and touching the hearts of older adults. This mission statement reflects their commitment to honoring God through their work. The organization operates several senior housing facilities, offering various living options including skilled nursing, assisted living, and independent living. They strive to provide care that caters to different needs, such as memory care. Despite expanding in the recent fiscal year, their focus remains on touching the lives of older adults and upholding their mission.
Official website here: www.preshomes.org
Who is the CEO of Presbyterian Homes Housing & Assisted Living Inc?
Daniel Lindh is the CEO of Presbyterian Homes Housing & Assisted Living Inc The CEO's salary of Presbyterian Homes Housing & Assisted Living Inc is $836,839 and their total compensation is $862,457.
Official website here: www.preshomes.org
What is the revenue of Presbyterian Homes Housing & Assisted Living Inc?
Presbyterian Homes Housing & Assisted Living Inc's revenue in 2023 was $90,883,712.
Official website here: www.preshomes.org
Who are the executives of Presbyterian Homes Housing & Assisted Living Inc and what are their salaries?
The average compensation at Presbyterian Homes Housing & Assisted Living Inc during 2023 was $3,147. There are 12034 employees and 389 volunteers at Presbyterian Homes Housing & Assisted Living Inc.
Here are 11 key members and their salaries (Presbyterian Homes Housing & Assisted Living Inc's CEO's salary is $836,839 and their total compensation is $862,457):
- Compensation: $836,839
- Related: $0
- Other: $25,618
- Compensation: $449,215
- Related: $0
- Other: $29,663
- Compensation: $329,917
- Related: $0
- Other: $21,874
- Compensation: $189,597
- Related: $0
- Other: $22,932
- Compensation: $358,151
- Related: $0
- Other: $25,188
- Compensation: $153,546
- Related: $0
- Other: $10,011
- Compensation: $346,905
- Related: $0
- Other: $21,459
- Compensation: $281,470
- Related: $0
- Other: $14,042
- Compensation: $301,867
- Related: $0
- Other: $12,473
- Compensation: $286,153
- Related: $0
- Other: $27,089
- Compensation: $270,877
- Related: $0
- Other: $20,215
Official website here: www.preshomes.org
Where can I find the form 990 for Presbyterian Homes Housing & Assisted Living Inc?
Presbyterian Homes Housing & Assisted Living Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Official website here: www.preshomes.org
Learn more at the official website: www.preshomes.org
Mission Statement of Presbyterian Homes Housing & Assisted Living Inc
Presbyterian Homes Housing & Assisted Living Inc is a mission-driven organization dedicated to enriching the lives and touching the hearts of older adults. This faith-based nonprofit honors God by providing a range of senior housing facilities in Minnesota and Iowa.
At the heart of their mission, Presbyterian Homes Housing & Assisted Living Inc operates several senior living communities, each offering various levels of care. These include skilled nursing facilities, assisted living apartments, and independent senior living apartments. Their campuses cater to different needs, with some specifically designed for memory care. The organization also provides employee housing apartments.
With a commitment to growth, Presbyterian Homes Housing & Assisted Living Inc added three new campuses in fiscal year September 30, 2022. These new additions expanded their reach and capacity to accommodate more older adults, ensuring they continue to honor God by enriching their lives. The newly established campuses offer a mix of memory care specific assisted living apartments, traditional assisted living apartments, and independent senior living apartments.
Presbyterian Homes Housing & Assisted Living Inc's mission extends beyond providing housing. They strive to create vibrant, caring communities where older adults can thrive. Through their various facilities, they offer a sense of belonging and connection, ensuring that each resident feels valued and cared for. Their dedication to improving the lives of older adults is evident in their continuous growth and commitment to meeting the diverse needs of this population.
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
October, 2024
Presbyterian Homes Housing & Assisted Living Inc. enriches the lives of older adults in Minnesota and Iowa through a comprehensive range of housing options and services. Offering skilled nursing, traditional assisted living, memory care, and independent senior living apartments, the organization creates supportive communities tailored to the unique needs of seniors.
With multiple campuses, including facilities in Spring Park, Little Canada, Plymouth, Burnsville, St. Paul, Shorewood, and White Bear Lake, they provide not only comfortable living spaces but also a sense of belonging and community. The addition of three new campuses in 2022 further expands access to vital resources for older adults, ensuring they receive the appropriate care and support.
The organization's mission to honor God by touching the hearts of older adults is evident in their approach, fostering an environment that prioritizes dignity, respect, and holistic well-being. Through various programs and a commitment to enhancing the quality of life for seniors, Presbyterian Homes Housing & Assisted Living Inc. exemplifies a significant impact on the communities it serves.
This information is meant to be a general summary of Presbyterian Homes Housing & Assisted Living 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2023.
- Investment Income: $7,600,897
- Program Service Revenue: $79,295,547
- Gross Receipts: $92,610,798
Assets and Liabilities:
- Total Assets: $437,678,132
- Total Liabilities: $364,809,209
- Net Assets: $72,868,923
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.
RESIDENT SERVICES
Revenue
$45,449,314
MANAGEMENT
Revenue
$23,961,394
DESIGN & PROCUREMENT
Revenue
$8,909,617
RESEARCH
Revenue
$975,222
Organization Details
Founding Year
1984
Principal Officer
Daniel Lindh
Website
www.preshomes.orgNTEE Category
Code: P750 - Human services
If you are a representative of Presbyterian Homes Housing & Assisted Living Inc 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.