Overview
What is Virginia Lutheran Homes Inc?
Virginia Lutheran Homes Inc, based in Roanoke, Virginia, is a nonprofit organization dedicated to offering housing and healthcare services to over 500 elderly and disabled individuals. Their mission is to provide life-enhancing services that foster well-being and create a sense of community. The organization, employing 474 individuals, is committed to enriching the lives of those in need by offering essential care and building a strong community.
Official website here: www.vlhnet.org
What are the reviews and ratings of this charity?
Charity Navigator rating: 81% (Three-Star out of Four Star rating)
Virginia Lutheran Homes Inc has achieved a Three-Star rating from Charity Navigator, reflecting a solid level of accountability and finance management. The organization received a perfect score for having a majority of independent board members and demonstrated strong oversight with its audit and financial statements. This indicates a commitment to transparency and governance, which is crucial for nonprofit credibility.
The charity’s program expense ratio stands impressively at 92.15%, suggesting that a significant portion of its resources is directed towards its programs rather than administrative costs. This efficiency in funding allocation is a positive aspect that potential donors and stakeholders may find appealing. The organization also maintains robust policies regarding conflict of interest and whistleblower protections, further enhancing its operational integrity.
While the overall score is commendable, it is solely based on the accountability and finance beacon, which means there may be limited information regarding other operational aspects such as program effectiveness or community impact. Future assessments might benefit from a more comprehensive evaluation of these factors to provide a more holistic view of the organization’s overall performance.
This AI summary has been generated from information found on Charity Navigator.
Is Virginia Lutheran Homes Inc legitimate?
Virginia Lutheran Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Virginia Lutheran 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: $567,632
Professional Fundraising Fees: $0
Other Salaries and Wages: $11,496,764
For more financial information, click here
Official website here: www.vlhnet.org
What is the mission statement of Virginia Lutheran Homes Inc?
Virginia Lutheran Homes Inc is committed to delivering life-enriching services that foster well-being and build community. They cater to over 500 elderly and handicapped individuals by providing them with housing and healthcare services. Their mission is geared towards promoting the overall well-being of the individuals they serve, with a focus on creating a sense of community. Through their services, they aim to make a positive impact on the lives of those they assist, enhancing their quality of life and fostering connections. The organization's efforts are aimed at creating an inclusive and supportive environment, promoting dignity, independence, and self-worth for each individual. Their dedication to community building extends beyond the immediate service they provide, as they strive to create a network of support and opportunities for personal growth.
Official website here: www.vlhnet.org
Who is the CEO of Virginia Lutheran Homes Inc?
Charles Downs is the President & Ceo of Virginia Lutheran Homes Inc. The CEO's salary of Virginia Lutheran Homes Inc is $196,795 and their total compensation is $217,043.
Official website here: www.vlhnet.org
What is the revenue of Virginia Lutheran Homes Inc?
Virginia Lutheran Homes Inc's revenue in 2022 was $23,132,668.
Official website here: www.vlhnet.org
Who are the executives of Virginia Lutheran Homes Inc and what are their salaries?
The average compensation at Virginia Lutheran Homes Inc during 2022 was $25,452. There are 474 employees and 15 volunteers at Virginia Lutheran Homes Inc.
Here are 21 key members and their salaries (Virginia Lutheran Homes Inc's CEO's salary is $196,795 and their total compensation is $217,043):
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- Compensation: $298,585
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- Other: $15,286
- Compensation: $132,323
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- Other: $7,654
- Compensation: $217,690
- Related: $0
- Other: $19,034
- Compensation: $196,795
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- Other: $20,248
- Compensation: $113,354
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- Other: $14,920
- Compensation: $132,696
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- Other: $15,950
- Compensation: $137,996
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- Other: $16,016
- Compensation: $111,174
- Related: $0
- Other: $14,576
- Compensation: $113,295
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- Other: $13,780
- Compensation: $123,579
- Related: $0
- Other: $15,097
Official website here: www.vlhnet.org
Where can I find the form 990 for Virginia Lutheran Homes Inc?
Virginia Lutheran Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.vlhnet.org
Learn more at the official website: www.vlhnet.org
Mission Statement of Virginia Lutheran Homes Inc
Virginia Lutheran Homes Inc, a nonprofit organization, is dedicated to providing life-enriching services that foster well-being and build community. Through their mission, they offer housing and healthcare services to over 500 elderly and/or handicapped individuals.
The organization goes beyond merely providing a place to live for its residents. Instead, it focuses on enhancing their quality of life and creating a sense of belonging. By doing so, Virginia Lutheran Homes Inc aims to make a positive impact on the well-being of its community members.
In practice, the nonprofit offers essential services that cater to the unique needs of its population. These services promote the overall health, happiness, and independence of the individuals they serve. By providing a supportive environment, Virginia Lutheran Homes Inc enables its residents to thrive and contribute to the community in meaningful ways.
In summary, Virginia Lutheran Homes Inc is a beacon of hope for the elderly and handicapped, offering them the opportunity to live in an inclusive and nurturing community. Through its mission, the nonprofit seeks to enhance the lives of its residents while fostering a sense of belonging and togetherness.
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Impact
October, 2024
Virginia Lutheran Homes Inc significantly enhances the quality of life for over 500 elderly and/or handicapped individuals by providing vital housing and healthcare services. Its commitment to promoting well-being and fostering community is evident through its life-enriching programs that support physical, emotional, and social wellness. By creating a supportive environment, the organization empowers residents to lead fulfilling lives, encouraging connections and engagement within the community. In Roanoke, Virginia, Virginia Lutheran Homes plays a crucial role in addressing the needs of vulnerable populations, ensuring they receive the care and support necessary to thrive.
This information is meant to be a general summary of Virginia Lutheran 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.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2022.
- Investment Income: $85,546
- Program Service Revenue: $22,826,839
- Gross Receipts: $24,899,075
Assets and Liabilities:
- Total Assets: $79,509,256
- Total Liabilities: $86,670,694
- Net Assets: -$7,161,438
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RETIREMENT COMMUNITY
Revenue
$10,555,944
PERSONAL CARE
Revenue
$4,695,409
HEALTH CENTER
Revenue
$3,849,504
EARNED ENTRANCE FEES
Revenue
$3,389,849
SERVICE INCOME - DIETARY
Revenue
$336,133
Organization Details
Founding Year
1963
Phone
(540) 562-5443Principal Officer
Charles Downs
Main Address
3807 BRANDON AVE 2440, ROANOKE, VA, 24018
Website
www.vlhnet.orgNTEE Category
Code: L22 - Housing
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