Overview
What is The Lutheran Home For The Aged Association-East?
The Lutheran Home for the Aged Association East is a nonprofit organization based in Iowa, providing essential services for senior citizens. With facilities in Vinton and Davenport, they offer multiple living options, including 24-hour skilled nursing homes, assisted living, independent living, and home health services exclusively in Vinton. This comprehensive range of offerings aims to cater to varying care needs, ensuring that seniors receive the appropriate level of support.
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 93%, Four-Star out of Four Star rating.
The Lutheran Home For The Aged Association-East has achieved a commendable Four-Star rating from Charity Navigator, reflecting its strong performance in accountability and finance. The charity's overall score is primarily derived from its impressive accountability practices, with an outstanding score of 93. This high rating indicates that the organization adheres to rigorous financial management standards and transparency.
The organization boasts a fully independent board of directors, which enhances its governance and decision-making process. With 100% independent members and a solid size of 12, the board effectively oversees the charity's operations. Additionally, it has robust policies in place, including conflict of interest and whistleblower policies, ensuring ethical conduct and safeguarding against potential mismanagement.
Financially, The Lutheran Home For The Aged Association-East demonstrates a strong commitment to its programs, with a program expense ratio of 94.73%. This signifies that a significant portion of its funds is directed toward its mission-related activities. However, it also maintains a healthy liabilities to assets ratio of 51.97%, indicating prudent financial practices. Overall, the organization stands out for its transparency and effective governance, making it a reliable choice for potential donors and supporters.
This AI summary has been generated from information found on Charity Navigator.
Is The Lutheran Home For The Aged Association-East legitimate?
The Lutheran Home For The Aged Association-East is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Lutheran Home For The Aged Association-East 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: $120,288
Professional Fundraising Fees: $0
Other Salaries and Wages: $8,298,855
For more financial information, click here
What is the mission statement of The Lutheran Home For The Aged Association-East?
The Lutheran Home for the Aged Association East is dedicated to providing senior citizens with a range of residential and nursing services. These offerings include 24-hour skilled nursing home care, assisted living, independent living, and home health services. The organization aims to support senior citizens through various stages of aging, ensuring they receive the care they need to live comfortably. Their mission encompasses offering compassionate care and fostering an environment that prioritizes the well-being of its residents.
Who is the CEO of The Lutheran Home For The Aged Association-East?
Diane Gloede is the Coo of The Lutheran Home For The Aged Association-East.
What is the revenue of The Lutheran Home For The Aged Association-East?
The Lutheran Home For The Aged Association-East's revenue in 2023 was $14,341,804.
Who are the executives of The Lutheran Home For The Aged Association-East and what are their salaries?
The average compensation at The Lutheran Home For The Aged Association-East during 2023 was $22,451. There are 375 employees and 50 volunteers at The Lutheran Home For The Aged Association-East.
Here are 12 key members and their salaries:
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Where can I find the form 990 for The Lutheran Home For The Aged Association-East?
The Lutheran Home For The Aged Association-East's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of The Lutheran Home For The Aged Association-East
The Lutheran Home for the Aged Association East is a dedicated organization that caters to the needs of senior citizens. With a focus on residential and nursing services, this esteemed association ensures the provision of round-the-clock skilled nursing home care, as well as assisted living and independent living facilities. Their mission extends beyond the confines of a nursing home, offering home health services in Vinton, Iowa, for those who prefer to age in place.
In simple terms, The Lutheran Home for the Aged Association East serves as a beacon of hope for seniors, offering them a variety of living options tailored to their unique circumstances. By providing 24-hour skilled nursing home care, the organization offers a level of security and support that can be invaluable for elderly individuals who require constant medical attention. For those who value their independence but may need some assistance with daily living activities, assisted living facilities offer the perfect balance of autonomy and care. Lastly, for seniors who wish to continue living in their own homes, the home health services ensure they receive the necessary care and attention without leaving their familiar surroundings.
In essence, The Lutheran Home for the Aged Association East is more than just a service provider; it is a community that prioritizes the well-being and comfort of its senior residents. By offering a range of living options, the organization ensures that every individual's needs are met with compassion, respect, and dignity. This commitment to excellence and compassionate care has made The Lutheran Home for the Aged Association East an invaluable resource for senior citizens and their families in the communities it serves.
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Impact
October, 2024
The Lutheran Home For The Aged Association-East provides critical support for senior citizens by offering a range of residential and nursing services. With campuses in Vinton and Davenport, Iowa, it ensures access to 24-hour skilled nursing care, assisted living, independent living, and home health services (available in Vinton only). This comprehensive care model not only enhances the quality of life for seniors but also promotes their well-being and independence. By catering to diverse needs, it fosters a supportive community where older adults can thrive in a safe and nurturing environment.
This information is meant to be a general summary of The Lutheran Home For The Aged Association-East. 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: $66,324
- Program Service Revenue: $14,087,240
- Gross Receipts: $14,380,528
Assets and Liabilities:
- Total Assets: $15,163,471
- Total Liabilities: $7,881,529
- Net Assets: $7,281,942
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Nursing home fees
Revenue
$12,092,605
Home Health Care
Revenue
$1,549,754
Independent living
Revenue
$444,881
Organization Details
Founding Year
1980
Phone
(319) 472-4211Principal Officer
Diane Gloede
Main Address
PO Box 559 1415 - 2nd Ave, Vinton, IA, 52349
NTEE Category
Code: E91 - Health
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