Overview
What is Lansing Housing Corporation?
Lansing Housing Corporation is a nonprofit organization located in Lansing, Iowa, specifically at 1329 Main St. The primary activity of this organization is operating Thornton Manor, a skilled nursing facility with a capacity of 48 beds, licensed by the State of Iowa. In 2022, Thornton Manor had an occupancy rate of 69% and an average of 32 residents. This facility provides extended-stay nursing care for seniors with varying levels of disabilities. The mission of Thornton Manor is to enrich the quality of life of each individual resident, ensuring they receive the best possible care. The organization employs a total of 74 individuals.
Official website here: www.thorntonmanorlansing.com
What are the reviews and ratings of this charity?
Charity Navigator Rating: Needs Improvement
Lansing Housing Corporation has received a two-star rating from Charity Navigator, indicating a need for improvement in various aspects of accountability and finance. Although the organization boasts a fully independent board and a strong program expense ratio, which suggests a commitment to its mission, significant weaknesses are evident in transparency and policy documentation.
The organization scored poorly in areas such as the absence of financial statements, conflict of interest policy, and whistleblower policy, which are crucial for establishing trust and operational integrity. This lack of essential documents raises concerns about its governance practices and financial oversight.
On a positive note, Lansing Housing Corporation has a solid liabilities to assets ratio, reflecting a manageable financial structure. However, the missing documents and policies could undermine stakeholder confidence and hinder potential support from donors and partners seeking assurance of responsible management.
This AI summary has been generated from information found on Charity Navigator.
Is Lansing Housing Corporation legitimate?
Lansing Housing Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lansing Housing Corporation 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: $2,090,771
For more financial information, click here
Official website here: www.thorntonmanorlansing.com
What is the mission statement of Lansing Housing Corporation?
Lansing Housing Corporation, through its skilled nursing facility, Thornton Manor, is committed to enhancing the quality of life for each of its residents. Thornton Manor, a 48-bed facility licensed by the State of Iowa, offers extended-stay nursing care to seniors with varying levels of disabilities. The corporation's mission is centered around providing a caring environment where individuals can receive skilled nursing care, aiming to improve their overall well-being and daily living experiences. The focus is on treating each resident with dignity and respect, ensuring they receive the care they need to lead the best possible life.
Official website here: www.thorntonmanorlansing.com
What is the revenue of Lansing Housing Corporation?
Lansing Housing Corporation's revenue in 2024 was $3,403,190.
Official website here: www.thorntonmanorlansing.com
Who are the executives of Lansing Housing Corporation and what are their salaries?
The average compensation at Lansing Housing Corporation during 2024 was $27,510. There are 76 employees and 40 volunteers at Lansing Housing Corporation.
Here are 6 key members and their salaries:
- Compensation: $116,549
- 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.thorntonmanorlansing.com
Where can I find the form 990 for Lansing Housing Corporation?
Lansing Housing Corporation's most recent form 990 was submitted in 2024 and can be accessed here.
Official website here: www.thorntonmanorlansing.com
Learn more at the official website: www.thorntonmanorlansing.com
Mission Statement of Lansing Housing Corporation
Lansing Housing Corporation, as an organization, is dedicated to enhancing the quality of life for each resident at Thornton Manor, a skilled nursing facility under its management. Thornton Manor, with a capacity of 48 beds, provides extended-stay nursing care to seniors dealing with varying levels of disabilities. The corporation's mission at Thornton Manor is centered around enriching the lives of its residents, ensuring they receive the care they need to live comfortably and productively. This involves offering skilled nursing services tailored to the unique needs of each resident, aiming to improve their overall well-being and quality of life.
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Impact
July, 2024
Lansing Housing Corporation, through the operation of Thornton Manor Nursing Home, has a direct impact on enriching the quality of life for individual residents in Lansing, Iowa. Thornton Manor is a skilled nursing facility with a 48-bed capacity, providing extended-stay nursing care to seniors with varying levels of disabilities. In 2022, Thornton Manor had a 69% occupancy rate with an average of 32 residents. Their mission is dedicated to enhancing the well-being and care of each resident, making a significant impact on the health and quality of life of seniors in the community.
This information is meant to be a general summary of Lansing Housing Corporation. 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 2024.
- Investment Income: $23,249
- Program Service Revenue: $3,358,834
- Gross Receipts: $3,403,190
Assets and Liabilities:
- Total Assets: $2,683,089
- Total Liabilities: $1,228,157
- Net Assets: $1,454,932
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENT REVENUE
Revenue
$3,283,834
PATIENT REVENUE
Revenue
$75,000
Organization Details
Founding Year
1971
Principal Officer
Samuel Kuhn
Website
www.thorntonmanorlansing.comNTEE Category
Code: E91 - Health
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