Overview
What is Lyon County Retirement Home Inc?
Lyon County Retirement Home Inc, situated in Marshall, Minnesota, is a dedicated senior citizens housing and retirement community. Its primary mission is to offer affordable living accommodations for the elderly who may have limited financial resources. The organization's core activity involves providing low-income housing, ensuring that elderly individuals can maintain a comfortable and secure living environment during their golden years.
Is Lyon County Retirement Home Inc legitimate?
Lyon County Retirement Home Inc is a legitimate nonprofit organization registered as a 501(c)(4) entity. Lyon County Retirement Home 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: $4,521
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,220
For more financial information, click here
What is the mission statement of Lyon County Retirement Home Inc?
The Lyon County Retirement Home Inc is committed to providing low-income housing for the elderly. As a senior citizens' housing and retirement community, its mission is to offer a residence for elderly individuals who may have limited financial resources. By offering affordable housing, the retirement home aims to support the elderly population, ensuring they can live with dignity and independence. The retirement home's mission is centered around providing a suitable living environment for those who require financial assistance, thereby enhancing their quality of life in their later years.
Who is the CEO of Lyon County Retirement Home Inc?
Monica Lindemann is the Director of Lyon County Retirement Home Inc.
What is the revenue of Lyon County Retirement Home Inc?
Lyon County Retirement Home Inc's revenue in 2023 was $184,880.
Who are the executives of Lyon County Retirement Home Inc and what are their salaries?
Here are 2 key members and their salaries:
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lyon County Retirement Home Inc?
Lyon County Retirement Home Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Lyon County Retirement Home Inc
Lyon County Retirement Home Inc, as a senior citizens housing and retirement community, is committed to providing low-income housing for the elderly. This nonprofit organization operates with the primary goal of offering a residential environment that is both comfortable and affordable for senior citizens, ensuring they can maintain their independence and dignity during their golden years. By offering low-income housing, Lyon County Retirement Home Inc aims to make senior living more accessible and inclusive, enabling more elderly individuals to enjoy a secure and supportive living environment.
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Impact
October, 2024
Lyon County Retirement Home Inc significantly enhances the quality of life for elderly residents in Marshall, MN, by providing affordable housing solutions tailored to their needs. This retirement community creates a supportive environment where seniors can live with dignity and security. By addressing the critical issue of low-income housing for the elderly, Lyon County Retirement Home improves access to essential services and fosters a sense of community among its residents. The organization plays a vital role in alleviating the economic burdens faced by low-income seniors, enabling them to maintain their independence while receiving necessary care and support. Through its mission, Lyon County Retirement Home not only addresses housing shortages but also promotes social engagement and well-being among the elderly, making a lasting impact on individuals and the community as a whole.
This information is meant to be a general summary of Lyon County Retirement Home 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: $70
- Program Service Revenue: $147,644
- Gross Receipts: $184,880
Assets and Liabilities:
- Total Assets: $348,350
- Total Liabilities: $62,538
- Net Assets: $285,812
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
TENANT RENT
Revenue
$143,598
HRA INCOME
Revenue
$3,343
MISCELLANEOUS REVENUE
Revenue
$703
Organization Details
Phone
(320) 269-6640Principal Officer
Monica Lindemann
Main Address
200 SOUTH FOURTH STREET, MARSHALL, MN, 56258
NTEE Category
Code: L22 - Housing
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