Overview
What is Siena On The Lake Inc?
Siena On The Lake Inc is a charitable organization situated in Racine, Wisconsin, with an address at 5635 Erie Street. Its primary focus is providing continuing care to the elderly. The organization leases residential and other facilities to the Sisters of St. Dominic, a congregation of religious women, offering supporting services such as reception, housekeeping, dietary, and maintenance. Beyond assisting the Sisters, Siena On The Lake also extends its supportive services to various non-profit entities situated on the campus. The mission of Siena On The Lake is to offer quality living, enrichment, and supportive services to everyone on the Siena campus, guided by the principles of love and service to others. With a workforce of 62 individuals, Siena On The Lake is dedicated to enhancing the lives of its community members.
Official website here: www.sienaonthelake.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 66% (Two-Star out of Four Star rating)
Siena On The Lake Inc has received a Two-Star rating from Charity Navigator, indicating some strengths in its accountability and finance practices. The organization boasts an independent board with 88% of its members independent, showing strong governance. Additionally, key policies such as conflict of interest and whistleblower protections are in place, and the charity demonstrates a high program expense ratio of 92.29%, reflecting a commitment to its mission.
Despite these positives, the organization has not performed well in certain areas, particularly in its liabilities to assets ratio, which scored 0 out of 15 points. This suggests potential financial vulnerabilities that could impact its long-term sustainability. While the charity maintains transparency through proper documentation and retention policies, the overall score indicates that significant improvement is needed in financial management practices.
Overall, while Siena On The Lake Inc shows commendable governance and high program spending, it faces challenges in financial stability that stakeholders and potential donors should consider. Further enhancement in financial metrics could help the organization improve its rating in the future.
This AI summary has been generated from information found on Charity Navigator.
Is Siena On The Lake Inc legitimate?
Siena On The Lake Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Siena On The Lake 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: $1,023,846
For more financial information, click here
Official website here: www.sienaonthelake.org
What is the mission statement of Siena On The Lake Inc?
Siena On The Lake Inc, as a charitable organization, is committed to providing high-quality living, enrichment, and supportive services to everyone residing on its campus. Guided by the principles of love and service to others, its mission is to create an inclusive environment where all individuals can thrive. The organization supports the Sisters of St. Dominic, an order of women religious, by leasing housing and office space to them, and also offers various services such as reception, housekeeping, dietary, and maintenance. Additionally, Siena On The Lake extends its support to other non-profit entities on the campus.
Official website here: www.sienaonthelake.org
Who is the CEO of Siena On The Lake Inc?
Maryann Mcmahon is the President of Siena On The Lake Inc.
Official website here: www.sienaonthelake.org
What is the revenue of Siena On The Lake Inc?
Siena On The Lake Inc's revenue in 2022 was $3,298,538.
Official website here: www.sienaonthelake.org
Who are the executives of Siena On The Lake Inc and what are their salaries?
The average compensation at Siena On The Lake Inc during 2022 was $16,514. There are 62 employees at Siena On The Lake Inc.
Here are 9 key members and their salaries:
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- Other: $0
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- Related: $117,146
- Other: $24,698
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
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- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Official website here: www.sienaonthelake.org
Where can I find the form 990 for Siena On The Lake Inc?
Siena On The Lake Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sienaonthelake.org
Learn more at the official website: www.sienaonthelake.org
Mission Statement of Siena On The Lake Inc
Siena On The Lake, a charitable organization, is devoted to providing continuing care for aging individuals. Its mission, guided by the principle of serving others with God's love, is to offer high-quality living, enrichment, and supportive services to everyone residing on its campus. The organization goes beyond simply leasing housing and office space to the Sisters of St. Dominic, a congregation of religious women. It extends its support to these sisters and other non-profit entities on the campus, providing essential services such as reception, housekeeping, dietary, and maintenance. Siena On The Lake's mission is not limited to its residents; it aims to create a nurturing environment where everyone on the campus can thrive.
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Impact
July, 2024
Siena On The Lake Inc provides quality living, enrichment, and supportive services to aging individuals on the Siena campus, guided by God's love in service to others. Their impact lies in offering housing and supportive services to the Sisters of St. Dominic, a congregation of women religious, as well as other nonprofit entities on the campus. Through their dedication to continuing care and community support, Siena On The Lake contributes positively to the well-being and quality of life for those they serve.
This information is meant to be a general summary of Siena On The Lake 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 2022.
- Investment Income: $463
- Program Service Revenue: $2,481,394
- Gross Receipts: $3,298,538
Assets and Liabilities:
- Total Assets: $16,685,273
- Total Liabilities: $14,353,511
- Net Assets: $2,331,762
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PROGRAM SERVICE REVENU
Revenue
$2,459,722
AMORTIZATION MEMBERSHI
Revenue
$21,672
Organization Details
Founding Year
2011
Phone
(262) 898-4097Principal Officer
Maryann Mcmahon
Main Address
5635 ERIE STREET, RACINE, WI, 53402
Website
www.sienaonthelake.orgNTEE Category
Code: L22 - Housing
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