Overview
What is Robbinsdale Senior Housing Inc?
Robbinsdale Senior Housing Inc., operating under the name Lilac Parkway Apartments, is a nonprofit organization situated in Shoreview, Minnesota. Their primary mission is to offer affordable housing for the elderly, achieved through a 49-unit apartment complex that is sponsored by the HUD. In 2022, the organization boasted an impressive occupancy rate of 98.6%. Based on the information provided, the nonprofit focuses on ensuring that senior citizens with limited income have access to suitable living arrangements in Robbinsdale, Minnesota.
Official website here: www.ecumen.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement (66%, Two-Star out of Four Stars)
Robbinsdale Senior Housing Inc has received a "Needs Improvement" rating from Charity Navigator, reflecting concerns primarily related to governance and financial oversight. The organization lacks independent board members, which is critical for ensuring accountability and transparency. While the financial statements are audited, and several governance policies are in place, the absence of independent oversight raises potential red flags regarding decision-making processes.
Financially, Robbinsdale Senior Housing demonstrates a strong program expense ratio of 74.30%, indicating that a significant portion of its expenditures directly supports its mission. However, the liabilities to assets ratio of 161.29% suggests potential financial instability that could affect long-term sustainability. Despite these challenges, the organization has a solid structure for handling assets, with no reported material diversion of assets.
Compensation for key staff members is notably high, with the President & CEO earning $404,808, which may raise questions about financial prioritization. While the organization posts several necessary policies and documentation, the failure to provide its tax form on its website is a gap in transparency that could concern stakeholders. Overall, Robbinsdale Senior Housing Inc shows strengths in program expenditures but needs to address governance and financial transparency issues to improve its rating.
This AI summary has been generated from information found on Charity Navigator.
Is Robbinsdale Senior Housing Inc legitimate?
Robbinsdale Senior Housing Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Robbinsdale Senior Housing 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: $74,225
For more financial information, click here
Official website here: www.ecumen.org
What is the mission statement of Robbinsdale Senior Housing Inc?
Robbinsdale Senior Housing Inc, operating under the name Lilac Parkway Apartments, is dedicated to providing affordable housing for the elderly. They achieve this objective through a HUD-sponsored 49-unit apartment complex. The organization's primary goal is to ensure that the elderly have access to suitable housing, thereby enhancing their quality of life. In 2022, the organization maintained an impressive occupancy rate of 98.6%, reflecting its commitment to meeting the housing needs of its elderly residents.
Official website here: www.ecumen.org
Who is the CEO of Robbinsdale Senior Housing Inc?
Shelley Kendrick is the President & Ceo of Robbinsdale Senior Housing Inc. The CEO's salary of Robbinsdale Senior Housing Inc is $0 and their total compensation is $441,022.
Official website here: www.ecumen.org
What is the revenue of Robbinsdale Senior Housing Inc?
Robbinsdale Senior Housing Inc's revenue in 2022 was $588,664.
Official website here: www.ecumen.org
Who are the executives of Robbinsdale Senior Housing Inc and what are their salaries?
Here are 6 key members and their salaries (Robbinsdale Senior Housing Inc's CEO's salary is $0 and their total compensation is $441,022):
- Compensation: $0
- Related: $404,808
- Other: $36,214
- Compensation: $0
- Related: $287,455
- Other: $35,344
- Compensation: $0
- Related: $247,790
- Other: $42,659
- Compensation: $0
- Related: $214,919
- Other: $45,266
- Compensation: $0
- Related: $286,762
- Other: $15,004
- Compensation: $0
- Related: $69,507
- Other: $4,378
Official website here: www.ecumen.org
Where can I find the form 990 for Robbinsdale Senior Housing Inc?
Robbinsdale Senior Housing Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.ecumen.org
Learn more at the official website: www.ecumen.org
Mission Statement of Robbinsdale Senior Housing Inc
Robbinsdale Senior Housing Inc, an organization dedicated to providing low-income housing, carries out its mission through a 49-unit apartment complex sponsored by the HUD. This nonprofit, known as Lilac Parkway Apartments, is committed to serving the elderly community, offering them a secure and affordable living space. In 2022, the organization demonstrated a high level of occupancy, with an impressive rate of 98.6%. By providing housing for the elderly, Robbinsdale Senior Housing Inc contributes to their overall well-being and independence, enabling them to maintain a comfortable lifestyle.
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Impact
July, 2024
Robbinsdale Senior Housing Inc's impact lies in providing essential low-income housing for the elderly through its HUD-sponsored apartment complex, Lilac Parkway Apartments. With a strong focus on catering to the needs of this vulnerable demographic, the organization plays a vital role in ensuring that senior citizens have access to safe and affordable housing options. By maintaining a high occupancy rate of 98.6% in 2022, Robbinsdale Senior Housing Inc contributes significantly to addressing the housing needs of the elderly population in Robbinsdale, Minnesota. This enables older individuals to live with dignity and security, fostering a sense of community and support among residents.
This information is meant to be a general summary of Robbinsdale Senior Housing 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 2022.
- Investment Income: $41
- Program Service Revenue: $582,861
- Gross Receipts: $588,664
Assets and Liabilities:
- Total Assets: $1,252,638
- Total Liabilities: $2,020,454
- Net Assets: -$767,816
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RENT REVENUE
Revenue
$580,522
TENANT CHARGES
Revenue
$2,339
Organization Details
Founding Year
1990
Phone
(651) 766-4300Principal Officer
Shelley Kendrick
Main Address
3530 LEXINGTON AVENUE NORTH, SHOREVIEW, MN, 55126
Website
www.ecumen.orgNTEE Category
Code: L80Z - Housing
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