Overview
What is Lutheran Senior Services Of Sussex County Inc?
Lutheran Senior Services of Sussex County Inc, situated in Milford, Delaware, serves as the owner and sponsor of a federally subsidized elderly housing project, offering 50 units specifically designed for low-income elderly and disabled individuals. Their primary mission revolves around providing affordable housing, ensuring that these vulnerable members of society have a secure living environment.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 71%, Two-Star out of Four Star rating
Lutheran Senior Services Of Sussex County Inc has received a two-star rating from Charity Navigator, reflecting a 71% overall score. This rating indicates that while the organization demonstrates solid performance in several areas, there are significant concerns in its financial transparency and governance practices that affect its overall rating.
The organization shows strengths in its governance, with an independent board and effective financial oversight demonstrated by a perfect score in areas such as the majority of independent board members and audit oversight. Additionally, it maintains a high program expense ratio, indicating that funds are primarily directed towards its programs. However, the organization faces critical weaknesses, specifically a high liabilities to assets ratio, suggesting potential financial instability.
Furthermore, key governance policies, such as those related to conflict of interest and whistleblower protections, are reportedly missing, which can pose risks to accountability and ethical conduct. The absence of the nonprofit's tax form on its website also raises concerns regarding transparency. Addressing these limitations could enhance the organization’s credibility and bolster its operations moving forward.
This AI summary has been generated from information found on Charity Navigator.
Is Lutheran Senior Services Of Sussex County Inc legitimate?
Lutheran Senior Services Of Sussex County Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Senior Services Of Sussex County 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:
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Professional Fundraising Fees: $0
Other Salaries and Wages: $46,762
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What is the mission statement of Lutheran Senior Services Of Sussex County Inc?
Lutheran Senior Services Of Sussex County Inc is committed to providing affordable housing solutions for low-income elderly and disabled individuals. As the owner and sponsor of a federally subsidized elderly housing project under Section 221(D)(3) of the National Housing Act of 1934, they offer 50 units of low-income housing specifically designed for this demographic. Their mission is centered around ensuring that these vulnerable individuals have access to affordable housing options, thereby enhancing their quality of life.
Who is the CEO of Lutheran Senior Services Of Sussex County Inc?
David Moore is the Director of Lutheran Senior Services Of Sussex County Inc.
What is the revenue of Lutheran Senior Services Of Sussex County Inc?
Lutheran Senior Services Of Sussex County Inc's revenue in 2023 was $582,375.
Who are the executives of Lutheran Senior Services Of Sussex County Inc and what are their salaries?
Here are 13 key members and their salaries:
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Where can I find the form 990 for Lutheran Senior Services Of Sussex County Inc?
Lutheran Senior Services Of Sussex County Inc's most recent form 990 was submitted in 2023 and can be accessed here.
Mission Statement of Lutheran Senior Services Of Sussex County Inc
Lutheran Senior Services Of Sussex County Inc is committed to providing affordable housing for low-income elderly and disabled individuals. As the owner and sponsor of a federally subsidized elderly housing project under Section 221(D)(3) of the National Housing Act of 1934, this nonprofit organization offers 50 units of low-income housing specifically designed for this demographic. By providing this essential service, Lutheran Senior Services Of Sussex County Inc aims to contribute to the well-being and livelihood of elderly and disabled individuals, ensuring they have a secure and affordable place to call home.
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Impact
July, 2024
Lutheran Senior Services Of Sussex County Inc's impact lies in providing affordable housing for low-income elderly and disabled individuals in Milford, Delaware. As the owner and sponsor of a federally subsidized elderly housing project under Section 221(d)(3) of the National Housing Act of 1934, they offer 50 units of low-income elderly housing. Through their mission of providing affordable housing, they contribute to ensuring that vulnerable populations have a safe and stable living environment, promoting dignity and well-being among those in need.
This information is meant to be a general summary of Lutheran Senior Services Of Sussex County 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 2023.
- Investment Income: $1,052
- Program Service Revenue: $581,323
- Gross Receipts: $582,375
Assets and Liabilities:
- Total Assets: $1,304,270
- Total Liabilities: $1,661,456
- Net Assets: -$357,186
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
HUD SECTION 8 HOUSING ASSIST.
Revenue
$364,463
RENT-TENANTS
Revenue
$212,045
LAUNDRY CHARGES
Revenue
$4,542
TENANT CHARGES
Revenue
$273
Organization Details
Founding Year
1987
Phone
(302) 422-8255Principal Officer
David Moore
Main Address
977 E MASTEN CIR, MILFORD, DE, 19963
NTEE Category
Code: L21Z - Housing
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