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Intergenerational Living & Health Care Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 411740311 ✦ Chaska, MN ✦ Designated as a 501(c)(3)

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Overview

What is Intergenerational Living & Health Care Inc?

Intergenerational Living & Health Care Inc (ILHC) is a Minnesota-based nonprofit organization dedicated to enriching the lives of children and older adults by fostering intergenerational connections. The mission of ILHC includes enhancing the well-being of both age groups, offering educational opportunities for children, and providing housing and services for seniors. Comprised of various senior living communities, a foundation, and a daycare center, ILHC has establishments in Arizona, Minnesota, and South Dakota, namely, Aspire Transitional Care, The Inn on Westport, The Commons on Marice, and the Intergenerational Learning Center. These entities offer a range of care and services, from transitional and skilled nursing to independent living, and memory care. ILHC aims to promote meaningful interactions between generations, creating a vibrant, interconnected community.


Official website here: www.iglhc.com

What are the reviews and ratings of this charity?

Charity Navigator Rating: Needs Improvement

Intergenerational Living & Health Care Inc has received a two-star rating from Charity Navigator, indicating areas that require improvement. With an overall score of 66%, the organization demonstrates a commitment to certain accountability and finance standards, but there are significant concerns regarding governance. Notably, the organization has not achieved a majority of independent board members, which can impact its oversight capabilities.

On a positive note, Intergenerational Living & Health Care Inc excels in several areas, including financial statements management, conflict of interest policy, and adherence to whistleblower protocols. The organization has a strong program expense ratio, suggesting that a significant portion of its resources is directed toward its programs. However, the absence of independent board members and a low liabilities to assets ratio points to weaknesses in its financial structure and governance.

While the organization has implemented some important policies and demonstrates integrity in its financial practices, the lack of transparency, particularly regarding its tax forms and board independence, may raise concerns for potential donors or supporters. As the nonprofit seeks to improve its rating, addressing these governance issues will be essential to enhancing its overall accountability and effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Intergenerational Living & Health Care Inc legitimate?

Intergenerational Living & Health Care Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Intergenerational Living & Health Care 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: $53,125
Professional Fundraising Fees: $0
Other Salaries and Wages: $10,958,213

For more financial information, click here


Official website here: www.iglhc.com

What is the mission statement of Intergenerational Living & Health Care Inc?

Intergenerational Living & Health Care Inc is a non-profit organization dedicated to creating enriching communities by embracing all generations. Through innovative services and programs, they aim to strengthen connections and understanding between different age groups. This mission includes providing educational opportunities for children, enhancing the well-being of both children and older adults, and serving individuals from diverse backgrounds, regardless of financial resources. The organization sponsors educational centers, youth housing, and senior services, as well as intergenerational programs that link children and older adults. Their goal is to promote maximum independence and highest quality of life, health, and well-being for all residents, while offering opportunities for meaningful interaction between generations.


Official website here: www.iglhc.com

Who is the CEO of Intergenerational Living & Health Care Inc?

Elaine Burton is the Secretary of Intergenerational Living & Health Care Inc.


Official website here: www.iglhc.com

What is the revenue of Intergenerational Living & Health Care Inc?

Intergenerational Living & Health Care Inc's revenue in 2022 was $23,906,122.


Official website here: www.iglhc.com

Who are the executives of Intergenerational Living & Health Care Inc and what are their salaries?

The average compensation at Intergenerational Living & Health Care Inc during 2022 was $23,528. There are 468 employees and 121 volunteers at Intergenerational Living & Health Care Inc.


Here are 6 key members and their salaries:


Thomas A Egan (Secretary)
  • Compensation: $12,125
  • Related: $0
  • Other: $0
Jennie Clarke (Director)
  • Compensation: $10,625
  • Related: $0
  • Other: $0
Elaine Burton (President)
  • Compensation: $10,125
  • Related: $0
  • Other: $0
Wendy Harden (Treasurer)
  • Compensation: $10,125
  • Related: $0
  • Other: $0
Robert S Soskin (Director)
  • Compensation: $10,125
  • Related: $0
  • Other: $0
Denise A Olson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.iglhc.com

Where can I find the form 990 for Intergenerational Living & Health Care Inc?

Intergenerational Living & Health Care Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.iglhc.com

Learn more at the official website: www.iglhc.com

Mission Statement of Intergenerational Living & Health Care Inc

Intergenerational Living & Health Care Inc, a Minnesota-based nonprofit organization, is dedicated to creating life-enriching communities by embracing all generations through innovative services and programs. The mission of this pioneering organization goes beyond providing housing for children and seniors; it focuses on strengthening connections and building understanding between generations.

Intergenerational Living & Health Care, Inc. sponsors educational centers and programs for youth and services for seniors, as well as intergenerational programs that link children and older adults. Through various senior living communities, a foundation, and a daycare center, the organization ensures that individuals from all backgrounds, regardless of financial resources, have access to enriching opportunities. The nonprofit's commitment to enhancing the well-being of children and older adults shines through its diverse offerings.

At the heart of Intergenerational Living & Health Care, Inc.'s senior living communities are compassionate care services tailored to each resident's unique needs. These communities offer independent living, assisted living, and memory care options, ensuring that residents can age in place with health services delivered directly to them. In these welcoming environments, seniors are encouraged to enjoy each day with maximum independence and the highest quality of life, health, and well-being.

Intergenerational Living & Health Care, Inc. also embraces opportunities for children and seniors to interact in meaningful ways, fostering cross-generational relationships and learning experiences. These opportunities, such as volunteering, mentoring, and educational programs, contribute to the personal growth of both generations and create a vibrant, inclusive community.

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Impact




October, 2024

Intergenerational Living & Health Care Inc (ILHC) significantly enriches the lives of both children and seniors by fostering meaningful connections across generations. Through innovative programs and educational opportunities, ILHC strengthens the relationships between young people and older adults, encouraging mutual understanding and support.

In various locations, including Arizona, Minnesota, and South Dakota, ILHC operates senior living communities and intergenerational programs that promote inclusivity regardless of financial status. Facilities like Aspire Transitional Care provide high-quality transitional and skilled nursing services in a luxurious environment, ensuring residents receive personalized care and rehabilitation support.

The Inn on Westport enhances the well-being of its senior residents through independent and assisted living options, allowing them to age peacefully in place. It also engages the community by hosting activities with local students, which not only enriches the lives of the seniors but also provides vital learning experiences for the youth.

At The Commons on Marice, seniors can participate in intergenerational learning through the adjacent Learning Center, nurturing invaluable relationships that promote confidence and emotional growth for children while providing companionship to older adults.

ILHC's commitment to community service extends beyond intergenerational programs. Initiatives like the Elderly Waiver Program ensure that care services are accessible to those who require them, demonstrating a dedication to inclusivity and support for low-income residents. Additionally, various charitable activities involving residents foster a spirit of giving and engagement with the wider community, exemplifying the organization's impact in promoting health, well-being, and intergenerational dialogue.

In essence, ILHC creates vibrant communities that empower individuals of all ages to participate, learn, and grow together, making a lasting impact on the lives of both children and seniors.




This information is meant to be a general summary of Intergenerational Living & Health Care 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.

Revenue
$23,906,122 (2022)
Expenses
$26,340,527 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: -$137,568
  • Program Service Revenue: $23,967,093
  • Gross Receipts: $24,403,321

Assets and Liabilities:

  • Total Assets: $40,690,042
  • Total Liabilities: $46,605,508
  • Net Assets: -$5,915,466

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

RESIDENT SERVICES

Revenue

$14,384,992

ANCILLARY SERVICES

Revenue

$9,276,838

OTHER OPERATING REVENUE

Revenue

$305,263

Organization Details

Founding Year

1996

Principal Officer

Elaine Burton

Main Address

1107 HAZELTINE BOULEVARD 200, CHASKA, MN, 55318

NTEE Category

Code: P750 - Human services

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