Overview
What is Presbyterian Homes Of Andover Inc?
Presbyterian Homes of Andover Inc, situated in Roseville, Minnesota, is a nonprofit organization that focuses on enriching the lives of older adults. The organization provides a variety of housing options, including 17 memory care assisted living apartments, 54 traditional assisted living apartments, 66 independent senior apartments, and 6 independent senior townhomes. With its mission to honor God, Presbyterian Homes of Andover Inc aims to touch the hearts of older adults, offering a supportive and nurturing environment for their residents.
Official website here: www.preshomes.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 81% (Three-Star out of Four Star rating)
Presbyterian Homes Of Andover Inc has received a commendable Three-Star rating from Charity Navigator, with an overall score of 81%. This score reflects a strong emphasis on accountability and financial transparency, as calculated entirely from the Accountability & Finance beacon. The organization has demonstrated no material diversion of assets and has robust policies in place for conflict of interest, whistleblower protections, and document retention.
The financial health of the organization is also noteworthy, with a liabilities to assets ratio of 50.02%, indicating a stable financial position. Furthermore, the program expense ratio stands at an impressive 82.52%, showing that a significant portion of funds is directed toward its programs. This aspect highlights the organization's commitment to effectively utilizing resources for community impact.
While the rating is generally positive, the reliance on a single beacon score could be seen as a limitation since it does not account for other potential areas of performance. However, the solid scores in all assessed categories suggest a well-managed nonprofit focused on accountability and effective service delivery.
This AI summary has been generated from information found on Charity Navigator.
Is Presbyterian Homes Of Andover Inc legitimate?
Presbyterian Homes Of Andover Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Presbyterian Homes Of Andover 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: $2,287,950
For more financial information, click here
Official website here: www.preshomes.org
What is the mission statement of Presbyterian Homes Of Andover Inc?
Presbyterian Homes Of Andover Inc's mission is centered around honoring God. This organization strives to enrich the lives of older adults and touch their hearts. By carrying out this mission, the organization aims to make a positive impact on the lives of those in its care. The organization's activities are not specified, but its primary focus is on older adults. The organization is located in Minnesota, and it offers various living arrangements such as assisted living apartments and independent senior apartments.
Official website here: www.preshomes.org
Who is the CEO of Presbyterian Homes Of Andover Inc?
Dan Lindh is the CEO of Presbyterian Homes Of Andover Inc The CEO's salary of Presbyterian Homes Of Andover Inc is $0 and their total compensation is $862,457.
Official website here: www.preshomes.org
What is the revenue of Presbyterian Homes Of Andover Inc?
Presbyterian Homes Of Andover Inc's revenue in 2023 was $6,335,751.
Official website here: www.preshomes.org
Who are the executives of Presbyterian Homes Of Andover Inc and what are their salaries?
There 63 volunteers at Presbyterian Homes Of Andover Inc.
Here are 6 key members and their salaries (Presbyterian Homes Of Andover Inc's CEO's salary is $0 and their total compensation is $862,457):
- Compensation: $0
- Related: $836,839
- Other: $25,618
- Compensation: $0
- Related: $449,215
- Other: $29,663
- Compensation: $0
- Related: $358,151
- Other: $25,188
- Compensation: $0
- Related: $329,917
- Other: $21,874
- Compensation: $0
- Related: $189,597
- Other: $22,932
- Compensation: $0
- Related: $153,546
- Other: $10,011
Official website here: www.preshomes.org
Where can I find the form 990 for Presbyterian Homes Of Andover Inc?
Presbyterian Homes Of Andover 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 Of Andover Inc
Presbyterian Homes of Andover Inc is committed to enriching the lives and touching the hearts of older adults. This mission is carried out with the intention of honoring God. The organization operates in various living arrangements, providing 17 memory care specific assisted living apartments, 54 traditional assisted living apartments, 66 independent senior apartments, and 6 independent senior town homes. By offering these living options, Presbyterian Homes of Andover Inc aims to cater to different needs and preferences of older adults, ensuring they live with dignity and comfort. By enriching the lives of older adults, the organization not only meets their physical needs but also fosters emotional connections and a sense of community among its residents.
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Impact
July, 2024
Presbyterian Homes Of Andover Inc's impact is focused on honoring God by enriching the lives and touching the hearts of older adults. This organization, based in Andover, Minnesota, provides a range of housing options including memory care specific assisted living apartments, traditional assisted living apartments, independent senior apartments, and independent senior townhomes to meet the diverse needs of older adults. Through its services, Presbyterian Homes Of Andover Inc plays a vital role in supporting the well-being and quality of life of senior citizens in the community.
This information is meant to be a general summary of Presbyterian Homes Of Andover 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: $60,029
- Program Service Revenue: $6,109,809
- Gross Receipts: $6,336,608
Assets and Liabilities:
- Total Assets: $15,797,113
- Total Liabilities: $7,903,075
- Net Assets: $7,894,038
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
SENIOR HOUSING & RELATED
Revenue
$6,109,809
Organization Details
Founding Year
1997
Principal Officer
Mark Meyer
Website
www.preshomes.orgNTEE Category
Code: P750 - Human services
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