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New Cassel Foundation

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

EIN: 470825033 ✦ Omaha, NE ✦ Designated as a 501(c)(3)

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Overview

What is New Cassel Foundation?

New Cassel Foundation is a charitable organization based in Omaha, Nebraska, with a specific mission to support the overall well-being of the elderly population at New Cassel Inc. They accomplish this by raising funds, which are then allocated towards various initiatives. These include providing financial assistance, organizing community education programs, offering spiritual support, and planning for future elderly care needs at New Cassel Inc., a nonprofit organization. Their services and programs encompass housing, social services, educational opportunities, spiritual renewal, adult day services, a health clinic, and in-home non-medical services. The foundation plays a crucial role in promoting and advocating for the mission and activities of New Cassel Retirement Center and the Franciscan Centre, ensuring accountability to their board of directors.


Official website here: www.newcassel.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 96% (Four-Star out of Four Stars)

The New Cassel Foundation has received a commendable Four-Star rating from Charity Navigator, reflecting its strong accountability and financial health. A score of 96% indicates that the organization excels in its financial operations, with a significant focus on responsible management and transparency. Notably, the foundation's entire score is based on a single beacon score for Accountability & Finance, indicating its prioritization of these areas.

The organization demonstrates robust governance practices, with 83% of its board members being independent, which fosters impartial decision-making. The foundation also maintains a comprehensive set of policies, including conflict of interest and whistleblower protections, ensuring ethical operations. Its financial metrics are impressive, showcasing a low liabilities-to-assets ratio and an outstanding program expense ratio of 98.11%, meaning the vast majority of its funds directly support its programs.

While the foundation has shown remarkable strengths in financial accountability and governance, there may be limited information available regarding the outcomes of its programs or the broader impact of its initiatives. However, the solid metrics presented paint a picture of an organization committed to maintaining high standards in its operations.


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

What do the Facebook reviews say about New Cassel Foundation?

90% of the 20 reviewers on Facebook recommend the New Cassel Foundation. Here is a summary of their reviews:

The overwhelming sentiment among those who shared their experiences highlights a deep appreciation for working within the organization, with one employee reflecting on their rewarding 40-year career. Many express that the environment fosters a strong sense of purpose and community, indicating that the organization creates a meaningful impact in the lives of its residents.

Overall, those involved with New Cassel Foundation feel a strong commitment to the mission and genuinely value their contributions, suggesting that the nonprofit effectively delivers on its promise to make a difference in the community it serves.


This AI summary has been generated from reviews found on Facebook.

Is New Cassel Foundation legitimate?

New Cassel Foundation is a legitimate nonprofit organization registered as a 501(c)(3) entity. New Cassel 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: $90,625

For more financial information, click here


Official website here: www.newcassel.org

What is the mission statement of New Cassel Foundation?

The New Cassel Foundation supports the mission, ministry, programs, and services of New Cassel Retirement Center and the Franciscan Centre through fundraising and public relations. It is accountable to the board of directors of New Cassel Inc. The primary function of the New Cassel Foundation is to raise funds to enhance the well-being of the elderly. These funds are allocated towards financial assistance, community education, spiritual programs, and future care for the elderly at New Cassel Inc., a non-profit organization. The foundation's programs and services include housing, social services, educational opportunities, spiritual renewal, adult day services, a health clinic, and in-home non-medical services.


Official website here: www.newcassel.org

Who is the CEO of New Cassel Foundation?

Tracy Lichti is the Secretary of New Cassel Foundation.


Official website here: www.newcassel.org

What is the revenue of New Cassel Foundation?

New Cassel Foundation's revenue in 2023 was $1,461,992.


Official website here: www.newcassel.org

Who are the executives of New Cassel Foundation and what are their salaries?

There 17 volunteers at New Cassel Foundation.


Here are 14 key members and their salaries:


Tracy Lichti (Secretary)
  • Compensation: $0
  • Related: $145,438
  • Other: $3,113
Cindy Petrich (President)
  • Compensation: $0
  • Related: $82,757
  • Other: $3,204
Dan Wieberg (Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Ryan Ames (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mike Ebeling (Vice-Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sr Joan Wageman (Trustee (Thru 1/2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Sr Mary Ann Schmieding (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Ambrose (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Trent Bausch (Trustee (Thru 4/2023))
  • Compensation: $0
  • Related: $0
  • Other: $0
Mark Kresl (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dan Pape (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Sherry Mundt (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Paul Smith (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.newcassel.org

Where can I find the form 990 for New Cassel Foundation?

New Cassel Foundation's most recent form 990 was submitted in 2023 and can be accessed here.


Official website here: www.newcassel.org

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

Mission Statement of New Cassel Foundation

The New Cassel Foundation is an organization dedicated to supporting the mission, ministry, programs, and services of New Cassel Retirement Center and the Franciscan Centre. Its primary role is to raise funds and manage public relations for these entities. The funds raised by the New Cassel Foundation are utilized to enhance the overall well-being of the elderly population at New Cassel Inc., a nonprofit organization. This support is extended in various forms, including financial assistance, community education, spiritual programs, and future care plans for the elderly.

The New Cassel Foundation's initiatives extend beyond just financial aid. It also focuses on community education, providing resources and information to the public about the needs and concerns of the aging population. Spiritual programs are another crucial aspect of its work, offering opportunities for spiritual renewal and growth for the elderly. Furthermore, the foundation supports educational opportunities, adult day services, health clinics, and in-home non-medical services to enhance the quality of life for the elderly.

In summary, the New Cassel Foundation serves as a vital source of financial and public relations support for New Cassel Retirement Center and the Franciscan Centre. Its mission is to improve the well-being of the elderly population at New Cassel Inc. through various means, including financial assistance, community education, spiritual programs, and future care plans. By doing so, the foundation aims to create a more caring and supportive environment for the elderly, enabling them to live fulfilling lives.

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Impact




July, 2024

New Cassel Foundation's impact lies in its crucial role of fundraising to support the total wellness of the aging person at New Cassel Inc. The foundation raises funds to provide financial assistance, community education, spiritual programs, and future care for the elderly at New Cassel Inc. This includes various essential programs and services such as housing, social services, educational opportunities, spiritual renewal, adult day services, health clinic, and in-home non-medical services. By supporting these initiatives, the foundation contributes significantly to the well-being and quality of life of the elderly in the Omaha community.




This information is meant to be a general summary of New Cassel 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
$1,461,992 (2023)
Expenses
$1,079,581 (2023)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2023.

  • Investment Income: $340,196
  • Gross Receipts: $3,757,169

Assets and Liabilities:

  • Total Assets: $4,430,916
  • Total Liabilities: $35,655
  • Net Assets: $4,395,261

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Organization Details

Founding Year

1999

Principal Officer

Tracy Lichti

Main Address

900 N 90TH STREET, OMAHA, NE, 68114

NTEE Category

Code: L112 - Housing

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