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Ingleside Homes Inc

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

EIN: 510113243 ✦ Wilmington, DE ✦ Designated as a 501(c)(3)

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Overview

What is Ingleside Homes Inc?

Ingleside Homes Inc, a nonprofit based in Wilmington, Delaware, is dedicated to providing affordable housing and healthcare services for low to moderate income seniors in the Delaware Valley. Their offerings cater to seniors at various levels of independence, featuring programs such as Ingleside Retirement Apartments, Ingleside Assisted Living, Ingleside Senior Services, Ingleside Home Healthcare, and the Alletta Laird & Robert N. Downs Cultural Center. Through these programs, Ingleside Homes Inc has offered approximately 53,435 days of shelter to elderly individuals in need during the year. With a team of 190 employees, Ingleside Homes Inc strives to enhance the lives of seniors in their community.


Official website here: www.inglesidehomes.org

What are the reviews and ratings of this charity?

Ingleside Homes Inc has received a Three-Star out of Four Star rating from Charity Navigator, scoring 81%. This rating is derived from its Accountability & Finance metrics, reflecting a strong commitment to transparency and responsible financial management. The organization boasts a fully independent board and has implemented several essential governance policies, affirming its dedication to accountability.

One of the standout features of Ingleside Homes Inc is its high program expense ratio, indicating that a significant majority of its funds are directed towards its programs rather than administrative costs. However, there are areas marked for improvement, particularly concerning its liabilities to assets ratio. This aspect suggests potential financial risk that the organization needs to address for long-term stability.

Unfortunately, user reviews from GreatNonprofits are currently unavailable. This limits the ability to gauge individual sentiments or experiences from the community regarding the organization’s impact and services. Overall, the financial health and governance practices of Ingleside Homes Inc reflect a nonprofit that is working diligently to fulfill its mission, even as it navigates specific financial challenges.


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

Is Ingleside Homes Inc legitimate?

Ingleside Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Ingleside Homes 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: $299,528
Professional Fundraising Fees: $0
Other Salaries and Wages: $3,609,155

For more financial information, click here


Official website here: www.inglesidehomes.org

What is the mission statement of Ingleside Homes Inc?

Ingleside Homes Inc is dedicated to providing affordable housing and healthcare services for seniors with low to moderate incomes in the Delaware Valley. Through its programs such as Ingleside Retirement Apartments, Ingleside Assisted Living, Ingleside Senior Services, Ingleside Home Healthcare, and the Alletta Laird & Robert N. Downs Cultural Center, the organization offers services to seniors at various levels of independence. The mission of Ingleside Homes Inc is to provide affordable housing and home care services, aiming to enhance the living conditions of these seniors. The organization's 208-unit apartment complex, Ingleside Retirement Apartments, is regulated under Sections 8 and 236 of the National Housing Act, providing affordable housing to elderly and low-income individuals, providing approximately 53,435 days of shelter during the year.


Official website here: www.inglesidehomes.org

Who is the CEO of Ingleside Homes Inc?

Lawrence Cessna is the Trustee, Treasurer of Ingleside Homes Inc. The CEO's salary of Ingleside Homes Inc is $275,013 and their total compensation is $299,528.


Official website here: www.inglesidehomes.org

What is the revenue of Ingleside Homes Inc?

Ingleside Homes Inc's revenue in 2022 was $7,342,849.


Official website here: www.inglesidehomes.org

Who are the executives of Ingleside Homes Inc and what are their salaries?

The average compensation at Ingleside Homes Inc during 2022 was $20,572. There are 190 employees and 20 volunteers at Ingleside Homes Inc.


Here are 13 key members and their salaries (Ingleside Homes Inc's CEO's salary is $275,013 and their total compensation is $299,528):


Dominick D'Eramo (Trustee, Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jim Garrity (Trustee, Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Timothy S Ferry Esq (Trustee, Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jason P Roebke (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Robert Rogers (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Patty Resnik (Trustee, Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Max Friedman (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edmund Fosu-Laryea Cpa (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
David Zerbato Esquire (Trustee)
  • Compensation: $0
  • Related: $0
  • Other: $0
Lawrence Cessna (President, Ceo)
  • Compensation: $275,013
  • Related: $0
  • Other: $24,515
Cathy Cessna (Director Of Fund Development)
  • Compensation: $127,040
  • Related: $0
  • Other: $13,117
Susan Jonas (Controller)
  • Compensation: $101,803
  • Related: $0
  • Other: $5,663
Denise Williams (Executive Director)
  • Compensation: $125,192
  • Related: $0
  • Other: $0


Official website here: www.inglesidehomes.org

Where can I find the form 990 for Ingleside Homes Inc?

Ingleside Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.inglesidehomes.org

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

Mission Statement of Ingleside Homes Inc

Ingleside Homes Inc is dedicated to providing affordable housing and healthcare services for low to moderate income seniors in an unspecified region. Their mission is to accomplish this through various programs such as Ingleside Retirement Apartments, Ingleside Assisted Living, Ingleside Senior Services, Ingleside Home Healthcare, and the Alletta Laird & Robert N. Downs Cultural Center. The organization aims to cater to seniors at all levels of independence, ensuring they have access to necessary amenities and support services.

Ingleside Homes Inc's mission is rooted in their commitment to providing affordable housing, with their 208-unit Ingleside Retirement Apartments complex being a prime example. This apartment complex, regulated under Sections 8 and 236 of the National Housing Act, offers affordable housing to elderly and low-income individuals. The organization also runs Ingleside Assisted Living, Ingleside Senior Services, and Ingleside Home Healthcare, ensuring seniors' needs are met in various aspects of their lives. To further promote senior wellbeing, Ingleside Homes Inc operates the Alletta Laird & Robert N. Downs Cultural Center, which provides a platform for cultural activities.

Ingleside Homes Inc's mission is not just about providing shelter and services; it is about improving the lives of low to moderate income seniors. Their apartment complex, Ingleside Retirement Apartments, provided approximately 53,435 days of shelter during the year, demonstrating their dedication to ensuring seniors have a safe and secure living environment. By offering a range of programs and services, Ingleside Homes Inc strives to enhance the quality of life for low to moderate income seniors, allowing them to live with dignity and independence.

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Impact




July, 2024

Ingleside Homes Inc's impact is evident in the significant support it provides to low to moderate-income seniors in the Delaware Valley. By offering affordable housing and healthcare services through various programs such as Ingleside Retirement Apartments, Ingleside Assisted Living, Ingleside Senior Services, Ingleside Home Healthcare, and the Alletta Laird & Robert N. Downs Cultural Center, the organization plays a crucial role in enhancing the quality of life for seniors at any level of independence. Through initiatives like the 208-unit apartment complex regulated under sections 8 and 236 of the National Housing Act, Ingleside Homes Inc provided approximately 53,435 days of shelter during the year, demonstrating a tangible and immediate impact on the lives of elderly and low-income individuals in need.




This information is meant to be a general summary of Ingleside Homes 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
$7,342,849 (2022)
Expenses
$7,863,229 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $55,435
  • Program Service Revenue: $6,648,711
  • Gross Receipts: $7,342,849

Assets and Liabilities:

  • Total Assets: $17,268,370
  • Total Liabilities: $13,122,974
  • Net Assets: $4,145,396

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Programs

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

RESIDENTIAL PROGRAM FE

Revenue

$3,697,668

ASSISTED LIVING PROGRA

Revenue

$2,363,650

HOME HEALTH CARE PROGR

Revenue

$424,424

OTHER SENIOR SERVICE P

Revenue

$119,644

MGMNT. AND SERVICE FEE

Revenue

$43,325

Organization Details

Founding Year

1975

Principal Officer

Lawrence Cessna

Main Address

1005 NORTH FRANKLIN STREET, WILMINGTON, DE, 19806

NTEE Category

Code: P750 - Human services

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