Overview
What is Episcopal Homes Foundation Of Minnesota?
Episcopal Homes Foundation of Minnesota is a charitable organization situated in St. Paul, Minnesota, with the postal address 490 Lynnhurst Avenue East, 55104. Its primary goal is to provide financial aid to Episcopal Church Home of Minnesota and other affiliated entities under the umbrella of Episcopal Homes of Minnesota. This support helps these organizations uphold their mission of delivering skilled nursing care and housing for the elderly. The Foundation's mission is to improve the quality of life for senior adults by offering homes and services that cater to each individual's physical, social, and spiritual needs.
Official website here: www.ehomesmn.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87%, Three-Star out of Four Star Rating.
Episcopal Homes Foundation of Minnesota has received a solid Three-Star rating from Charity Navigator, reflecting its commitment to accountability and finance. With an impressive score of 93% in this category, the organization demonstrates a strong governance structure, including a fully independent board and robust financial oversight. Their practices, such as transparency in financial reporting and adherence to policies like conflict of interest and whistleblower protections, further bolster their standing.
In terms of program efficiency, the organization has a program expense ratio of 61.76%, which indicates that a significant portion of its expenses is directed toward its mission-related activities. However, there may be room for improvement in this area to enhance its impact further. Despite this, their commitment to accountability remains commendable.
The Culture & Community aspect received a perfect score of 100, showcasing the foundation's dedication to collecting and utilizing feedback effectively. Their proactive approach to community engagement and responsiveness to stakeholder input highlights a well-rounded organization that values its constituents and seeks continual improvement in its practices.
This AI summary has been generated from information found on Charity Navigator.
Is Episcopal Homes Foundation Of Minnesota legitimate?
Episcopal Homes Foundation Of Minnesota is a legitimate nonprofit organization registered as a 501(c)(3) entity. Episcopal Homes Foundation Of Minnesota 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: $222,463
For more financial information, click here
Official website here: www.ehomesmn.org
What is the mission statement of Episcopal Homes Foundation Of Minnesota?
The Episcopal Homes Foundation of Minnesota's mission is to enhance the quality of life for senior adults. They achieve this by providing homes and services that cater to each individual's physical, social, and spiritual needs. The foundation supports organizations, such as the Episcopal Church Home of Minnesota and other affiliates of Episcopal Homes of Minnesota, in their mission to offer skilled nursing care and housing for the elderly. The primary goal is to improve the living conditions for the elderly population in Minnesota.
Official website here: www.ehomesmn.org
Who is the CEO of Episcopal Homes Foundation Of Minnesota?
Marvin Plakut is the President/Ceo of Episcopal Homes Foundation Of Minnesota. The CEO's salary of Episcopal Homes Foundation Of Minnesota is $0 and their total compensation is $340,653.
Official website here: www.ehomesmn.org
What is the revenue of Episcopal Homes Foundation Of Minnesota?
Episcopal Homes Foundation Of Minnesota's revenue in 2022 was $1,858,081.
Official website here: www.ehomesmn.org
Who are the executives of Episcopal Homes Foundation Of Minnesota and what are their salaries?
There 53 volunteers at Episcopal Homes Foundation Of Minnesota.
Here are 26 key members and their salaries (Episcopal Homes Foundation Of Minnesota's CEO's salary is $0 and their total compensation is $340,653):
- Compensation: $0
- Related: $326,339
- Other: $14,314
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- Related: $195,260
- Other: $27,908
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- Related: $150,647
- Other: $28,252
- Compensation: $0
- Related: $146,530
- Other: $10,338
- Compensation: $0
- Related: $105,489
- Other: $16,920
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Official website here: www.ehomesmn.org
Where can I find the form 990 for Episcopal Homes Foundation Of Minnesota?
Episcopal Homes Foundation Of Minnesota'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 Episcopal Homes Foundation Of Minnesota
Episcopal Homes Foundation of Minnesota, driven by the purposes of its affiliated organizations, is committed to serving the needs of elderly individuals in Minnesota. The foundation's mission is to enhance the quality of life for senior adults by providing homes and services that cater to their physical, social, and spiritual needs. The organization achieves this by granting funds to Episcopal Church Home of Minnesota and other affiliates of Episcopal Homes of Minnesota. These grants are intended to support these organizations in their endeavors to provide skilled nursing care and housing for the elderly, ensuring that they can age with dignity and comfort.
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Impact
July, 2024
Episcopal Homes Foundation Of Minnesota's impact centers around enhancing the quality of life for senior adults by providing homes and services that support their physical, social, and spiritual needs. Through grants provided to affiliates of Episcopal Homes of Minnesota, the foundation supports organizations in their mission to serve the needs of elderly persons in Minnesota. By facilitating skilled nursing care and housing for the elderly, Episcopal Homes Foundation Of Minnesota plays a crucial role in improving the well-being and care of seniors in the state.
This information is meant to be a general summary of Episcopal Homes Foundation Of Minnesota. 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: $801,410
- Program Service Revenue: $334,537
- Gross Receipts: $1,858,081
Assets and Liabilities:
- Total Assets: $19,657,783
- Total Liabilities: $5,259,871
- Net Assets: $14,397,912
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
AFFILIATE MANAGEMENT F
Revenue
$334,537
Organization Details
Founding Year
2001
Phone
(651) 646-0622Principal Officer
Marvin Plakut
Main Address
490 LYNNHURST AVENUE EAST, ST PAUL, MN, 55104
Website
www.ehomesmn.orgNTEE Category
Code: L122 - Housing
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