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Danish Home Foundation

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

EIN: 454353453 ✦ Chicago, IL ✦ Designated as a 501(c)(3)

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Overview

What is Danish Home Foundation?

The Danish Home Foundation is a charitable organization situated in Chicago, Illinois, with the primary objective of honoring and supporting communities rooted in Danish and Scandinavian traditions. To achieve this, they conduct fundraising activities and distribute the funds to uphold the ministries and operations of the Society for the Danish Old People's Home. This society operates a senior living community on a charitable basis, providing accommodations, dining, medical treatment, nursing, and various senior services. The Danish Home Foundation's mission is to ensure the well-being and comfort of the elderly, upholding the rich cultural heritage of Danish and Scandinavian backgrounds.


Official website here: www.danishhomeofchicago.org

Is Danish Home Foundation legitimate?

Danish Home Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. Danish Home Foundation 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: $0

For more financial information, click here


Official website here: www.danishhomeofchicago.org

What is the mission statement of Danish Home Foundation?

The Danish Home Foundation is a charitable organization committed to honoring and supporting communities rooted in Danish and Scandinavian traditions. Its primary mission is to raise funds and distribute them to support the activities and operations of the Society for the Danish Old People's Home. This society manages and operates a senior living community on a charitable basis, providing accommodations, meals, medical treatment, nursing care, and other senior services. The foundation's goal is to uphold and strengthen these communities, ensuring they continue to thrive.


Official website here: www.danishhomeofchicago.org

Who is the CEO of Danish Home Foundation?

Scott Swanson is the Director of Danish Home Foundation. The CEO's salary of Danish Home Foundation is $0 and their total compensation is $191,000.


Official website here: www.danishhomeofchicago.org

What is the revenue of Danish Home Foundation?

Danish Home Foundation's revenue in 2022 was $2,064,933.


Official website here: www.danishhomeofchicago.org

Who are the executives of Danish Home Foundation and what are their salaries?

There 5 volunteers at Danish Home Foundation.


Here are 7 key members and their salaries (Danish Home Foundation's CEO's salary is $0 and their total compensation is $191,000):


Jeffrey Anderson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dawn Jensen (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Peter Orum (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Pedersen (Vice-Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bruce Bro (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Swanson (President/Ceo)
  • Compensation: $0
  • Related: $191,000
  • Other: $0
Fred Saviano (Chief Financial Officer)
  • Compensation: $0
  • Related: $136,436
  • Other: $10,271


Official website here: www.danishhomeofchicago.org

Where can I find the form 990 for Danish Home Foundation?

Danish Home Foundation's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.danishhomeofchicago.org

Learn more at the official website: www.danishhomeofchicago.org

Mission Statement of Danish Home Foundation

The Danish Home Foundation is a charitable organization with a mission to honor and support communities that uphold Danish and Scandinavian traditions. Its primary goal is to raise funds and distribute them to aid in the operations and ministries of the Society for the Danish Old People's Home. This society runs a senior living community on a charitable basis, offering accommodations, dining, medical treatment, nursing, and various senior services to its residents. The Danish Home Foundation's mission is dedicated to supporting and preserving the values and customs of the Danish and Scandinavian communities through its charitable activities.

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Impact




October, 2024

The Danish Home Foundation plays a vital role in supporting and honoring communities rooted in Danish and Scandinavian customs. By conducting fundraising efforts, the organization ensures the financial stability of the Society for the Danish Old People's Home, which manages a senior living community in Chicago, Illinois.

Through its initiatives, the foundation provides essential services such as accommodations, dining, medical treatment, nursing, and various other senior services. This directly enhances the quality of life for residents, allowing them to live with dignity while embracing their cultural heritage. The foundation's impact extends beyond immediate care; it fosters a sense of community and continuity among those who share a common cultural background, ensuring that traditions and values are preserved and celebrated.




This information is meant to be a general summary of Danish Home Foundation. 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
$2,064,933 (2022)
Expenses
$1,011,910 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $197,086
  • Gross Receipts: $3,177,544

Assets and Liabilities:

  • Total Assets: $9,601,278
  • Total Liabilities: $55,242
  • Net Assets: $9,546,036

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Organization Details

Founding Year

2011

Principal Officer

Scott Swanson

Main Address

5656 N NEWCASTLE AVE, CHICAGO, IL, 60631

NTEE Category

Code: L192 - Housing

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