Overview
What is Rapid City Good Samaritan Housing Gp Inc?
Rapid City Good Samaritan Housing Gp Inc is a supporting organization, established on January 1, 2007, in alignment with the Evangelical Lutheran Good Samaritan Society. The primary role of this nonprofit is to aid and support the society's functions, specifically in providing low-income housing for elderly and disabled individuals. This is accomplished through their relationship with Rapid City Good Samaritan Housing, LP. The corporation's mission is to solely benefit and assist the Evangelical Lutheran Good Samaritan Society, contributing to their overall mission and goals.
Official website here: www.sanfordhealth.org
What are the reviews and ratings of this charity?
Charity Navigator Rating: 52%, One-Star out of Four Star rating
Rapid City Good Samaritan Housing Group Inc has received a low rating of 52% from Charity Navigator, indicating significant concerns regarding its accountability and financial practices. The organization lacks independent board members, which may raise questions about governance and oversight. While it has strong policies in place for conflicts of interest and whistleblower protections, the absence of independent oversight is a notable weakness.
The organization does have some positive attributes, such as having no material diversion of assets and maintaining a decent liabilities to assets ratio at 50.45%. However, the program expense ratio is alarmingly low at 0.00%, suggesting that the organization is not effectively utilizing its resources for its intended programs. This could detract from the overall impact of its mission.
While Rapid City Good Samaritan Housing Group Inc has some structural policies in place, the lack of financial transparency and independent oversight is a critical limitation that potential donors and supporters should consider. Addressing these issues could significantly improve the organization’s standing and effectiveness in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Rapid City Good Samaritan Housing Gp Inc legitimate?
Rapid City Good Samaritan Housing Gp Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Rapid City Good Samaritan Housing Gp 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: $0
For more financial information, click here
Official website here: www.sanfordhealth.org
What is the mission statement of Rapid City Good Samaritan Housing Gp Inc?
Rapid City Good Samaritan Housing Gp Inc is established to support and benefit the Evangelical Lutheran Good Samaritan Society. Its primary aim is to assist in the society's functions. One of its significant contributions is providing low-income housing for elderly and disabled individuals, achieved through its partnership with Rapid City Good Samaritan Housing, LP. Effective January 1, 2007, Rapid City Good Samaritan Housing Gp Inc has taken on this role, contributing to the betterment of these vulnerable groups.
Official website here: www.sanfordhealth.org
Who is the CEO of Rapid City Good Samaritan Housing Gp Inc?
Nathan Schema is the Vp; Treas; Director of Rapid City Good Samaritan Housing Gp Inc. The CEO's salary of Rapid City Good Samaritan Housing Gp Inc is $0 and their total compensation is $901,826.
Official website here: www.sanfordhealth.org
What is the revenue of Rapid City Good Samaritan Housing Gp Inc?
Rapid City Good Samaritan Housing Gp Inc's revenue in 2022 was $6,221.
Official website here: www.sanfordhealth.org
Who are the executives of Rapid City Good Samaritan Housing Gp Inc and what are their salaries?
Here are 5 key members and their salaries (Rapid City Good Samaritan Housing Gp Inc's CEO's salary is $0 and their total compensation is $901,826):
- Compensation: $0
- Related: $529,683
- Other: $41,135
- Compensation: $0
- Related: $343,564
- Other: $42,567
- Compensation: $0
- Related: $774,197
- Other: $127,629
- Compensation: $0
- Related: $134,280
- Other: $32,884
- Compensation: $0
- Related: $483,767
- Other: $77,856
Official website here: www.sanfordhealth.org
Where can I find the form 990 for Rapid City Good Samaritan Housing Gp Inc?
Rapid City Good Samaritan Housing Gp Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.sanfordhealth.org
Learn more at the official website: www.sanfordhealth.org
Mission Statement of Rapid City Good Samaritan Housing Gp Inc
Rapid City Good Samaritan Housing Gp Inc is an organization dedicated to supporting the functions and aiding the Evangelical Lutheran Good Samaritan Society. Its mission is to contribute significantly to this society by providing low-income housing for elderly and disabled individuals. The corporation establishes a strong relationship with Rapid City Good Samaritan Housing, LP, to achieve this goal. By working together, Rapid City Good Samaritan Housing Gp Inc helps ensure that vulnerable members of society have access to safe and affordable housing, ultimately promoting their overall well-being.
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Impact
October, 2024
Rapid City Good Samaritan Housing Gp Inc plays a crucial role in providing low-income housing for elderly and disabled individuals. By acting as a supporting organization for the Evangelical Lutheran Good Samaritan Society, it enhances access to essential housing services, ensuring that vulnerable populations have safe and affordable living conditions. This impact extends beyond mere accommodation, fostering a supportive community where residents can enjoy dignity, independence, and essential resources. The organization's dedication to meeting the needs of those it serves contributes significantly to the well-being and quality of life for its residents in the Sioux Falls area.
This information is meant to be a general summary of Rapid City Good Samaritan Housing Gp 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: $79
- Program Service Revenue: $6,142
- Gross Receipts: $6,221
Assets and Liabilities:
- Total Assets: $546,863
- Total Liabilities: $275,917
- Net Assets: $270,946
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PARTNERSHIP ADMIN FEE
Revenue
$6,150
LOSS ON PARTNERSHIP
Revenue
-$8
Organization Details
Founding Year
2012
Phone
(605) 333-1000Principal Officer
Nathan Schema
Main Address
PO BOX 5039 RTE 5218, SIOUX FALLS, SD, 571175039
Website
www.sanfordhealth.orgNTEE Category
Code: L20 - Housing
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