Overview
What is Shoreview Senior Residence?
Shoreview Senior Residence, doing business as Scandia Shores, is a nonprofit organization dedicated to serving the elderly community. Situated in an unspecified location, they offer housing and complementary services to individuals aged 55 and above. Their comprehensive offerings include a variety of free activities, fitness programs, and transportation services to medical appointments, outings, and shopping. Furthermore, Scandia Shores provides a pastoral nurse to cater to the spiritual needs of its residents. Their mission is to enhance the quality of life for senior citizens by offering a supportive and engaging living environment.
Official website here: www.avinityseniorliving.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 81% (Three-Star out of Four Stars)
Shoreview Senior Residence, operating as Scandia Shores, has received a Three-Star rating from Charity Navigator, reflecting a solid performance in accountability and finance. The organization's high rating is primarily due to its strong governance, with an independent board comprised entirely of independent members and comprehensive policies in place to ensure transparency and ethical practices. Their financial statements are well-audited, indicating a commitment to financial integrity.
One of the significant strengths noted is the program expense ratio, which stands at an impressive 83.88%. This suggests that a substantial portion of their funding is directed towards programs rather than administrative costs, highlighting their focus on delivering benefits to their residents. Furthermore, the organization has no reported material diversion of assets, reinforcing their reliability.
However, a notable limitation is the high liabilities to assets ratio at 114.27%, which might indicate potential financial strain or challenges in managing debts relative to their assets. This aspect could raise concerns about their long-term financial sustainability. Overall, while Scandia Shores exhibits commendable governance and operational focus, monitoring their financial health will be essential for continued success.
This AI summary has been generated from information found on Charity Navigator.
Is Shoreview Senior Residence legitimate?
Shoreview Senior Residence is a legitimate nonprofit organization registered as a 501(c)(3) entity. Shoreview Senior Residence 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: $440,407
For more financial information, click here
Official website here: www.avinityseniorliving.org
What is the mission statement of Shoreview Senior Residence?
Shoreview Senior Residence, doing business as Scandia Shores, is committed to providing care for elderly individuals aged 55 and above. Their mission is to offer housing with complementary services, encompassing activities, fitness programs, transportation to medical appointments, outings, and shopping, along with the provision of a pastoral nurse's assistance. This non-profit organization aims to enhance the quality of life of its elderly residents, promoting their physical, emotional, and spiritual well-being.
Official website here: www.avinityseniorliving.org
Who is the CEO of Shoreview Senior Residence?
Mark Meyer is the Executive Director & Coo of Shoreview Senior Residence.
Official website here: www.avinityseniorliving.org
What is the revenue of Shoreview Senior Residence?
Shoreview Senior Residence's revenue in 2022 was $2,223,861.
Official website here: www.avinityseniorliving.org
Who are the executives of Shoreview Senior Residence and what are their salaries?
The average compensation at Shoreview Senior Residence during 2022 was $18,350. There are 24 employees and 5 volunteers at Shoreview Senior Residence.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $174,531
- Other: $19,088
- Compensation: $0
- Related: $144,807
- Other: $11,481
- Compensation: $0
- Related: $29,246
- Other: $1,727
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.avinityseniorliving.org
Where can I find the form 990 for Shoreview Senior Residence?
Shoreview Senior Residence's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.avinityseniorliving.org
Learn more at the official website: www.avinityseniorliving.org
Mission Statement of Shoreview Senior Residence
Shoreview Senior Residence Dba Scandia Shores is dedicated to caring for the elderly, offering housing and services to individuals aged 55 and above. The organization's mission is twofold. Firstly, it provides a comprehensive activities program, ensuring its residents have engaging and stimulating experiences. Secondly, Shoreview Senior Residence Dba Scandia Shores offers a fitness program to promote physical well-being among its elderly residents. Furthermore, the organization goes the extra mile by offering free transportation services to medical appointments, outings, and shopping. This enables its residents to maintain their independence and access necessary healthcare services easily. In addition, Shoreview Senior Residence Dba Scandia Shores provides a pastoral nurse, offering spiritual support to its elderly residents, addressing their emotional and spiritual needs. This holistic approach to care ensures that the elderly residents at Shoreview Senior Residence Dba Scandia Shores live comfortably, engage in meaningful activities, maintain their physical health, and receive spiritual support, enhancing their overall quality of life.
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Impact
July, 2024
Shoreview Senior Residence Dba Scandia Shores has a significant impact on the community by providing crucial care services for the elderly. Specifically, Scandia Shores offers housing with services to individuals aged 55 and above, ensuring they receive the support they need to maintain a high quality of life. The organization's free-of-charge services, such as activities programs, fitness programs, transportation to medical appointments, outings, shopping assistance, and access to a pastoral nurse, contribute to the well-being and overall health of the elderly residents. In doing so, Scandia Shores plays a vital role in promoting the welfare and happiness of older individuals in the RICHFIELD, MN area.
This information is meant to be a general summary of Shoreview Senior Residence. 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: $2,890
- Program Service Revenue: $2,220,971
- Gross Receipts: $2,223,861
Assets and Liabilities:
- Total Assets: $4,276,009
- Total Liabilities: $4,886,231
- Net Assets: -$610,222
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
APARTMENT AND SERVICES
Revenue
$2,026,278
MEAL REVENUE
Revenue
$183,242
OTHER SUPPORTING REVENUE
Revenue
$11,451
Organization Details
Founding Year
1995
Phone
(612) 861-2799Principal Officer
Mark Meyer
Main Address
7645 LYNDALE AVENUE SOUTH 110, RICHFIELD, MN, 55423
Website
www.avinityseniorliving.orgNTEE Category
Code: L22 - Housing
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