Overview
What is Cedar Falls Lutheran Home?
Cedar Falls Lutheran Home is a nonprofit organization based in Cedar Falls, Iowa, offering various senior living options, including assisted living, independent living, and a nursing facility. Their mission is rooted in Christian caring, focusing on enhancing lives through individualized care, empowered by God's love. The organization comprises 42 assisted living units, 93 independent living units, and a 135-bed nursing facility, including a 20-bed memory care house. They are committed to quality care and are the sole owner of Home Connections, a home health agency, and The Terraces at West Glen, an independent living community. Their wellness programming includes music, art, and horticulture therapies. With a total workforce of 410 employees, the organization is known as Newaldaya Lifescapes. They offer comprehensive services such as furnishing, maintenance, parking, and site improvements for their new independent living units. The corporation is also the owner of West Glen, LLC, which issued notes for the financing of these projects.
Official website here: www.newaldaya.org
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 82% (Three-Star out of Four Star rating)
Cedar Falls Lutheran Home has received a Three-Star rating from Charity Navigator, primarily based on its strong performance in accountability and finance, which constitutes the entirety of its score. The organization demonstrates a commitment to transparency and governance, evidenced by its 100% independent board members and thorough financial statements that are audited regularly. These factors contribute positively to the charity's reputation in terms of responsible management of resources.
The charity's program expense ratio is commendable at 81.59%, indicating that a significant portion of its total expenses is directed towards its programs rather than administrative costs. This is a strong indicator of the organization's focus on fulfilling its mission effectively. Additionally, Cedar Falls Lutheran Home has multiple policies in place to ensure ethical governance, including conflict of interest and whistleblower policies.
Despite these strengths, the organization has a liabilities to assets ratio of 68.41%, which may indicate a higher level of debt compared to its assets. This aspect may raise concerns regarding financial sustainability in the long run. Overall, Cedar Falls Lutheran Home showcases responsible financial management practices, though potential stakeholders might consider the implications of its debt level.
This AI summary has been generated from information found on Charity Navigator.
Is Cedar Falls Lutheran Home legitimate?
Cedar Falls Lutheran Home is a legitimate nonprofit organization registered as a 501(c)(3) entity. Cedar Falls Lutheran Home 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: $335,272
Professional Fundraising Fees: $0
Other Salaries and Wages: $7,449,713
For more financial information, click here
Official website here: www.newaldaya.org
What is the mission statement of Cedar Falls Lutheran Home?
The Cedar Falls Lutheran Home is dedicated to enhancing lives through individualized care, rooted in the principles of Christian loving-kindness. Committed to quality care, they strive for resident-centered and consumer-driven services. Their care extends to an assisted living facility, independent living units, and a nursing facility, including a memory care house. They offer various wellness programs such as music, art, and horticulture therapies. The organization also operates Home Connections, LLC, a home health agency, and The Terraces at West Glen, an independent living community. The mission of Cedar Falls Lutheran Home is to provide Christian caring, promoting quality and earning public trust in aging services.
Official website here: www.newaldaya.org
Who is the CEO of Cedar Falls Lutheran Home?
Arthur Cox is the Principal Officer of Cedar Falls Lutheran Home. The CEO's salary of Cedar Falls Lutheran Home is $163,772 and their total compensation is $198,856.
Official website here: www.newaldaya.org
What is the revenue of Cedar Falls Lutheran Home?
Cedar Falls Lutheran Home's revenue in 2022 was $19,319,654.
Official website here: www.newaldaya.org
Who are the executives of Cedar Falls Lutheran Home and what are their salaries?
The average compensation at Cedar Falls Lutheran Home during 2022 was $18,988. There are 410 employees and 300 volunteers at Cedar Falls Lutheran Home.
Here are 15 key members and their salaries (Cedar Falls Lutheran Home's CEO's salary is $163,772 and their total compensation is $198,856):
- Compensation: $163,772
- Related: $0
- Other: $35,084
- Compensation: $114,324
- Related: $0
- Other: $38,807
- Compensation: $104,397
- Related: $0
- Other: $41,671
- Compensation: $130,839
- Related: $0
- Other: $5,577
- Compensation: $100,163
- Related: $0
- Other: $28,381
- 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
- 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.newaldaya.org
Where can I find the form 990 for Cedar Falls Lutheran Home?
Cedar Falls Lutheran Home's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.newaldaya.org
Learn more at the official website: www.newaldaya.org
Mission Statement of Cedar Falls Lutheran Home
Cedar Falls Lutheran Home, a committed Christian organization, is dedicated to enhancing lives through individualized care in a home inspired by God's love. With a passion for quality and a philosophy centered on consumer-driven services, this home provides care in a 42-unit assisted living facility, 93 independent living units, and a 135-bed nursing facility, including a memory care house. The organization's mission, Christian Caring - Enhancing Lives Through a Commitment to Individualized Care in a Home Empowered by God's Love, is put into practice through various wellness programming, such as music, art, and horticulture therapies.
Cedar Falls Lutheran Home has expanded its services beyond its residential facilities. It is the sole owner of Home Connections, LLC, a home health agency operating in Cedar Falls, Iowa, and The Terraces at West Glen, a new independent living community situated on a separate campus. The organization also offers furnishing, maintenance, and related parking and site improvements for new independent living units, demonstrating its dedication to promoting resident-centered care.
The Board of Directors of Cedar Falls Lutheran Home has authorized and approved the proposal from the lender and the issuance of notes on behalf of West Glen, LLC, further showcasing the organization's commitment to providing quality care and earning public trust in aging services. Through its various programs and services, Cedar Falls Lutheran Home strives to create an environment where every resident feels valued, cared for, and empowered to live their best life.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Cedar Falls Lutheran Home significantly enhances the lives of its residents through a dedicated approach to individualized care, grounded in Christian values and a commitment to quality. With a diverse range of living options—including 42 assisted living units, 93 independent living units, and a 135-bed nursing facility featuring a specialized 20-bed memory care house—the organization addresses various needs within the community.
By fostering a home environment empowered by love and support, Cedar Falls Lutheran Home focuses on resident-centered services that prioritize the physical, emotional, and social well-being of each individual. The organization employs innovative wellness programming that incorporates music, art, and horticulture therapies, enriching the lives of residents and promoting engagement in meaningful activities.
Beyond providing essential housing and care services, Cedar Falls Lutheran Home also extends its impact through its ownership of Home Connections, LLC, a home health agency, and The Terraces at West Glen, a vibrant independent living community. By continuously evolving its services and facilities, Cedar Falls Lutheran Home plays a crucial role in enhancing the quality of life for seniors in Cedar Falls, Iowa, fostering a sense of community and belonging among its residents.
This information is meant to be a general summary of Cedar Falls Lutheran Home. 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: -$96,485
- Program Service Revenue: $16,384,020
- Gross Receipts: $19,838,785
Assets and Liabilities:
- Total Assets: $37,991,138
- Total Liabilities: $25,989,810
- Net Assets: $12,001,328
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NURSING FACILITY
Revenue
$13,015,878
APARTMENT REVENUE
Revenue
$1,737,386
ASSISTED LIVING
Revenue
$1,292,518
ENTRANCE FEES
Revenue
$322,372
OTHER ACTIVITIES
Revenue
$15,866
Organization Details
Founding Year
1958
Phone
(319) 268-0401Principal Officer
Arthur Cox
Main Address
7511 UNIVERSITY AVENUE, CEDAR FALLS, IA, 50613
Website
www.newaldaya.orgNTEE Category
Code: L99Z - Housing
If you are a representative of Cedar Falls Lutheran Home and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.