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Senior Housing Of Middleton Inc

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

EIN: 470825736 ✦ Middleton, WI ✦ Designated as a 501(c)(3)

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Overview

What is Senior Housing Of Middleton Inc?

Senior Housing of Middleton Inc, based in Middleton, Wisconsin, is a not-for-profit retirement community. It offers an independent lifestyle for individuals aged fifty-five and above, with a focus on providing residence, care, and services within the community. The organization boasts a high occupancy rate, reaching 94.9% for the 2021/2022 period. Senior Housing of Middleton aims to provide value and amenities in an attractive neighborhood, striving to enhance the living experiences of its qualified residents.

What are the reviews and ratings of this charity?

Charity Navigator Rating: 71% (Two-Star out of Four Stars)

Senior Housing Of Middleton Inc has received a Two-Star rating from Charity Navigator, indicating a moderate level of accountability and financial health. The organization's Accountability & Finance score is also 71%, reflecting strengths in areas such as maintaining an independent board and adhering to conflict of interest policies. The majority of board members are independent, and the organization has a solid program expense ratio of 81.97%, ensuring that a significant portion of funds is directed towards its mission.

Despite these strengths, the nonprofit has a notable area of concern with a liabilities to assets ratio of 113.27%, which indicates that the organization has more liabilities than assets. This could imply potential financial instability, suggesting that stakeholders should be aware of the financial pressures the organization may face. Overall, while the nonprofit demonstrates a commitment to transparent governance, it might need to address its financial ratios to ensure long-term sustainability.


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

Is Senior Housing Of Middleton Inc legitimate?

Senior Housing Of Middleton Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Senior Housing Of Middleton 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: $246,125

For more financial information, click here

What is the mission statement of Senior Housing Of Middleton Inc?

Senior Housing of Middleton Inc., as a not-for-profit retirement community, aims to offer an independent lifestyle with value and amenities to individuals aged fifty-five and above. The organization provides residency, care, and services within its community to qualified individuals, ensuring a comfortable living environment. Senior Housing of Middleton Inc. is committed to maintaining a high occupancy rate, as evidenced by its 94.9% occupancy rate for the 2021/2022 period. In essence, the community's mission is to create a welcoming and supportive environment for senior living, promoting independence and offering necessary care when needed.

Who is the CEO of Senior Housing Of Middleton Inc?

Timothy Conroy is the President of Senior Housing Of Middleton Inc.

What is the revenue of Senior Housing Of Middleton Inc?

Senior Housing Of Middleton Inc's revenue in 2022 was $1,164,382.

Who are the executives of Senior Housing Of Middleton Inc and what are their salaries?

There 7 volunteers at Senior Housing Of Middleton Inc.


Here are 7 key members and their salaries:


Timothy Conroy (President)
  • Compensation: $0
  • Related: $256,858
  • Other: $51,525
Carol Grob (Vice President)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dave Arnold (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dennis Sampson (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rich Bloomberg (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jan Hansen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kristi Vater (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Where can I find the form 990 for Senior Housing Of Middleton Inc?

Senior Housing Of Middleton Inc's most recent form 990 was submitted in 2022 and can be accessed here.

Mission Statement of Senior Housing Of Middleton Inc

Senior Housing of Middleton, a not-for-profit retirement community, is committed to providing an independent lifestyle with value and amenities for qualified individuals aged fifty-five and above. Their mission is to establish a senior housing community that offers residency, care, and services, catering to the needs of this demographic. This community strives to create a desirable living environment with high occupancy rates, as evidenced by a 94.9% occupancy rate during the 2021/2022 period. Senior Housing of Middleton is dedicated to offering a comfortable and fulfilling living experience for its residents, ensuring they can maintain their independence while enjoying the benefits of being part of a supportive community.

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Impact




July, 2024

Senior Housing Of Middleton Inc's impact is evident in the provision of an independent senior housing community that offers residency, care, and services to qualified individuals aged fifty-five and older. By maintaining a high occupancy rate of 94.9% in 2021/2022, this organization plays a crucial role in meeting the housing needs of seniors in Middleton, Wisconsin. Through its mission to provide a unique independent lifestyle with value and amenities in a desirable neighborhood, Senior Housing Of Middleton Inc contributes to enhancing the quality of life for older adults in the community.




This information is meant to be a general summary of Senior Housing Of Middleton 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
$1,164,382 (2022)
Expenses
$1,115,720 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $68,014
  • Program Service Revenue: $1,043,804
  • Gross Receipts: $1,164,382

Assets and Liabilities:

  • Total Assets: $8,670,770
  • Total Liabilities: $9,822,007
  • Net Assets: -$1,151,237

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Programs

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

SERVICE FEES

Revenue

$972,949

ELDERLY HOUSING SERVIC

Revenue

$70,855

Organization Details

Founding Year

1999

Principal Officer

Timothy Conroy

Main Address

3111 PHEASANT BRANCH ROAD, MIDDLETON, WI, 53562

NTEE Category

Code: P75 - Human services

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