St Luke Homes & Services Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 426078294 ✦ Spencer, IA ✦ Designated as a 501(c)(3)

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Overview

What is St Luke Homes & Services Inc?

St. Luke Homes & Services Inc, based in Spencer, Iowa, is a nonprofit organization primarily focused on providing senior care. Sponsored by 14 local Lutheran churches, they operate a 99-bed nursing home. Their mission is to offer affordable and varied living options for seniors, ensuring they receive the care they need. With a workforce of 199 individuals, St. Luke Homes & Services Inc is committed to enhancing the senior living experience, providing a supportive and nurturing environment.


Official website here: www.stlukelh.com

What are the reviews and ratings of this charity?

**Charity : 2 Stars (Charity Navigator Rating 69%)**69%)**

St Luke Homes & Services Inc received a two-star rating from Charity Navigator, indicating mixed performance primarily in the area of Accountability & Finance. Their strong governance structure is highlighted by an entirely independent board, which scored well in most financial oversight areas, including audits and material asset management. However, the organization lacks important policies such as a conflict of interest and whistleblower policy, which contributes to the overall rating.

The organization demonstrates a commendable program expense ratio of approximately 87.74%, reflecting a significant portion of their spending directed toward their mission. Yet, the liabilities to assets ratio at nearly 97.74% raises concerns about financial sustainability and raises questions regarding the potential risks facing the organization. These financial indicators are critical for potential donors to consider.

User reviews from GreatNonprofits could not be retrieved, limiting the insights into personal experiences with the organization. Overall, potential supporters should weigh the nonprofit's strengths in governance and its engagement in programs against the absence of certain foundational policies and the concerns related to financial liabilities.


This AI summary has been generated from information found on Charity Navigator.

Is St Luke Homes & Services Inc legitimate?

St Luke Homes & Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Luke Homes & Services 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: $4,801,742

For more financial information, click here


Official website here: www.stlukelh.com

What is the mission statement of St Luke Homes & Services Inc?

St. Luke Homes & Services Inc is dedicated to providing affordable and varied living options and care for seniors. Their mission is to offer a range of senior living solutions, ensuring that elderly individuals have access to suitable accommodations. The organization primarily operates a 99-bed nursing home, which is supported by 14 local Lutheran churches. Their primary goal is to cater to the needs of seniors, providing them with a comfortable and affordable living environment.


Official website here: www.stlukelh.com

Who is the CEO of St Luke Homes & Services Inc?

Deb Mechler is the President of St Luke Homes & Services Inc.


Official website here: www.stlukelh.com

What is the revenue of St Luke Homes & Services Inc?

St Luke Homes & Services Inc's revenue in 2022 was $8,501,540.


Official website here: www.stlukelh.com

Who are the executives of St Luke Homes & Services Inc and what are their salaries?

The average compensation at St Luke Homes & Services Inc during 2022 was $24,129. There are 199 employees and 200 volunteers at St Luke Homes & Services Inc.


Here are 9 key members and their salaries:


Jane Kruse (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dean Pingel (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Koenecke (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sandi Schmidt (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Doug Kading (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Kaldahl (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deb Mechler (President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Gary Halverson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jerry Clausen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.stlukelh.com

Where can I find the form 990 for St Luke Homes & Services Inc?

St Luke Homes & Services Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.stlukelh.com

Learn more at the official website: www.stlukelh.com

Mission Statement of St Luke Homes & Services Inc

St. Luke Homes & Services Inc is committed to providing senior citizens with affordable and varied living options and care. This mission statement encapsulates the organization's primary goal, which is to offer a wide range of accommodations and services tailored to the needs of the elderly population. By sponsoring a 99-bed nursing home, St. Luke Homes & Services Inc aims to create an environment where seniors can live comfortably and receive the necessary care they require. The organization's mission is to ensure that elderly individuals have access to affordable living options, providing them with the dignity and respect they deserve in their later years.

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Impact




July, 2024

St. Luke Homes & Services Inc provides seniors in Spencer, IA with affordable and varied living options and care. Its primary service is a 99-bed nursing home sponsored by 14 area Lutheran churches. The organization aims to enhance the quality of life for seniors by offering housing options that meet their needs and provide necessary care. Through its services, St. Luke Homes & Services Inc has a direct impact on the well-being and comfort of seniors in the community, ensuring they receive the support they require in their later years.




This information is meant to be a general summary of St Luke Homes & Services 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.

Revenue
$8,501,540 (2022)
Expenses
$8,873,528 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $29,192
  • Program Service Revenue: $8,265,646
  • Gross Receipts: $8,501,540

Assets and Liabilities:

  • Total Assets: $7,738,398
  • Total Liabilities: $7,029,335
  • Net Assets: $709,063

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

ASSISTED LIVING

Revenue

$1,806,821

INDEPENDENT LIVING

Revenue

$537,857

NURSING HOME

Revenue

$5,953,764

SOUTH RIDGE HEIGHTS

Revenue

-$32,796

Organization Details

Founding Year

1963

Principal Officer

Deb Mechler

Main Address

1301 ST LUKE DR, SPENCER, IA, 51301

NTEE Category

Code: L22 - Housing

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