Overview
What is Lss Housing Home Sweet Home Inc?
Lss Housing Home Sweet Home Inc is a nonprofit organization based in West Allis, Wisconsin, committed to providing affordable housing for individuals with special needs transitioning into independent living. In partnership with the US Department of Housing & Urban Development, they offer eight subsidized housing units. The organization is managed by Lutheran Social Services of Wisconsin and Upper Michigan, whose mission is to act compassionately, serve humbly, and lead courageously. The property offers various amenities such as an on-site manager, community room, laundry facilities, well-maintained landscaping, pet-friendly environment, secure building, cable hookup, and furnished refrigerators and ranges. Lss Housing Home Sweet Home Inc operated six locations in Milwaukee, providing housing and support for eight disabled individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 87% (Three-Star out of Four Star rating)
Lss Housing Home Sweet Home Inc has achieved an 87% score, reflecting its strong performance in accountability and finance. This rating indicates a well-managed organization that prioritizes transparency and responsible financial practices. The charity's accountability score is particularly notable, given it is based entirely on this single measure, demonstrating a clear commitment to maintaining high ethical standards.
The organization showcases a majority of independent board members, with 55% of its board fulfilling this criterion, ensuring diverse perspectives and governance. Additionally, a low liabilities to assets ratio of 10.26% suggests a solid financial footing, while a program expense ratio of 88.27% indicates that a significant portion of its funds is allocated directly to its mission-related programs.
While the organization demonstrates strong governance policies, including a whistleblower policy and a commitment to document retention, the overall rating heavily relies on its accountability and finance metrics without insight into other operational aspects. This limitation suggests that while the financial health seems robust, further information on program effectiveness or stakeholder feedback could provide a more comprehensive view of the nonprofit's impact.
This AI summary has been generated from information found on Charity Navigator.
Is Lss Housing Home Sweet Home Inc legitimate?
Lss Housing Home Sweet Home Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lss Housing Home Sweet Home 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: $19,244
For more financial information, click here
What is the mission statement of Lss Housing Home Sweet Home Inc?
Lss Housing Home Sweet Home Inc's mission statement is centered around acting with compassion, serving humbly, and leading courageously. This organization, dedicated to providing affordable housing for individuals with special needs transitioning into independent living, embodies these values in its operations. It strives to act compassionately towards its residents, serving them humbly, and leading with courage in managing its properties. Lss Housing Home Sweet Home Inc operates six locations, offering subsidized housing in cooperation with the US Department of Housing & Urban Development. The organization provides essential amenities such as an on-site manager, community room, laundry facilities, well-maintained landscaping, pet-friendly policies, and basic furnishings.
Who is the CEO of Lss Housing Home Sweet Home Inc?
Hector Colon is the President of Lss Housing Home Sweet Home Inc.
What is the revenue of Lss Housing Home Sweet Home Inc?
Lss Housing Home Sweet Home Inc's revenue in 2022 was $90,851.
Who are the executives of Lss Housing Home Sweet Home Inc and what are their salaries?
There 9 volunteers at Lss Housing Home Sweet Home Inc.
Here are 9 key members and their salaries:
- Compensation: $0
- Related: $443,198
- Other: $37,392
- Compensation: $0
- Related: $297,436
- Other: $36,319
- Compensation: $0
- Related: $291,328
- Other: $23,768
- Compensation: $0
- Related: $138,418
- Other: $12,441
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
Where can I find the form 990 for Lss Housing Home Sweet Home Inc?
Lss Housing Home Sweet Home Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Lss Housing Home Sweet Home Inc
Lss Housing Home Sweet Home Inc, guided by its mission statement, strives to act compassionately, serve humbly, and lead courageously. This mission serves as the cornerstone of the organization's purpose, which is to provide affordable housing for individuals with special needs who are transitioning into independent living. The nonprofit achieves this by managing eight units of subsidized housing in collaboration with the U.S. Department of Housing & Urban Development.
The housing facilities, managed by Lutheran Social Services of Wisconsin and Upper Michigan, are equipped with various amenities designed to ensure the comfort and well-being of its residents. These amenities include an on-site manager, a community room, on-site laundry facilities, well-maintained landscaping with outdoor seating areas, pet-friendly policies, secure buildings, cable hookups, and furnished refrigerators and ranges. By prioritizing these aspects, Lss Housing Home Sweet Home Inc demonstrates its commitment to providing a living environment that fosters independence and dignity for its residents.
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Impact
October, 2024
LSS Housing Home Sweet Home Inc significantly impacts the lives of individuals with disabilities by providing affordable housing and supportive living environments. Operating six locations in Milwaukee, they offer specialized housing solutions for eight individuals transitioning to independent living. This initiative plays a crucial role in fostering independence and stability for those in need.
The organization collaborates with the U.S. Department of Housing and Urban Development to deliver subsidized housing, which makes it financially accessible for individuals with special needs. Each unit comes with valuable amenities such as an on-site manager, community room, laundry facilities, and secure building access, ensuring a comfortable and welcoming environment. The presence of outdoor seating areas and pet-friendly policies further enhances community living, allowing residents to create a sense of home.
Through its compassionate and humble service, LSS Housing Home Sweet Home Inc not only provides essential housing but also empowers individuals to lead fulfilling lives, effectively bridging the gap between support services and independent living. This commitment to quality living conditions fosters a community where residents can thrive.
This information is meant to be a general summary of Lss Housing Home Sweet Home 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: $144
- Program Service Revenue: $90,657
- Gross Receipts: $90,851
Assets and Liabilities:
- Total Assets: $349,489
- Total Liabilities: $35,869
- Net Assets: $313,620
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
NET RENTAL INCOME
Revenue
$90,657
Organization Details
Founding Year
2013
Phone
(414) 246-2300Principal Officer
Hector Colon
Main Address
6737 W WASHINGTON STREET 2275, WEST ALLIS, WI, 53214
NTEE Category
Code: L20 - Housing
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