Overview
What is Legacy Senior Services?
Legacy Senior Services is a Minnesota-based nonprofit corporation that specializes in housing and caring for elderly and vulnerable individuals. They operate a 49-bed skilled nursing facility and a 20-unit independent living facility in Wheaton, Minnesota, called Traverse Care Center. The organization manages and owns several other facilities through four LLCs: LSS of Frazee, LSS of Marycrest, and LSS of Madison. These facilities offer skilled nursing, assisted living, and independent living options, with a combined average daily census of 239 during 2022. Legacy Senior Services' mission is to create dignified communities for adults and collaborate with other not-for-profit organizations. Their facilities are Medicare and Medicaid certified, and they provide a broad range of care services to promote the overall well-being of those they serve.
What are the reviews and ratings of this charity?
Charity Navigator Rating 79% - Three-Star out of Four Star rating
Legacy Senior Services has received a Three-Star rating from Charity Navigator, indicating a solid level of accountability and financial health. The organization scored particularly well in several key areas, including having a fully independent board and robust financial oversight practices. Its program expense ratio of 84.14% reflects a strong commitment to directing funds towards its mission-related activities.
The charity demonstrates effective governance with a comprehensive set of policies in place, such as conflict of interest and whistleblower protections. However, it did receive a low score for its liabilities to assets ratio, which suggests potential financial vulnerabilities that could be a concern for long-term sustainability.
Overall, while Legacy Senior Services shows commendable strengths in governance and program efficiency, stakeholders may want to consider the implications of its financial ratios when evaluating its overall stability.
This AI summary has been generated from information found on Charity Navigator.
Is Legacy Senior Services legitimate?
Legacy Senior Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Legacy Senior Services 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: $29,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,464,852
For more financial information, click here
What is the mission statement of Legacy Senior Services?
Legacy Senior Services is dedicated to creating communities that honor the dignity, passion, and respect of adults. By partnering with other not-for-profit organizations, they strive to offer comprehensive care services to promote the holistic well-being of those they serve. Through their mission, Legacy Senior Services aims to foster environments where elderly and vulnerable individuals can thrive, focusing on their health, mind, and spirit. They manage various facilities, providing housing and healthcare services tailored to elderly residents. Their facilities offer skilled nursing care, assisted living, and independent living arrangements. All their facilities are certified by Medicare and Medicaid.
Who is the CEO of Legacy Senior Services?
Eric Lunde is the President/Treasurer of Legacy Senior Services.
What is the revenue of Legacy Senior Services?
Legacy Senior Services's revenue in 2022 was $16,303,160.
Who are the executives of Legacy Senior Services and what are their salaries?
The average compensation at Legacy Senior Services during 2022 was $18,293. There are 355 employees and 66 volunteers at Legacy Senior Services.
Here are 14 key members and their salaries:
- Compensation: $12,000
- Related: $0
- Other: $0
- Compensation: $4,800
- Related: $0
- Other: $0
- Compensation: $4,800
- Related: $0
- Other: $0
- Compensation: $4,800
- Related: $0
- Other: $0
- Compensation: $2,800
- 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
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $101,876
- Related: $0
- Other: $10,834
- Compensation: $112,921
- Related: $0
- Other: $8,065
- Compensation: $100,504
- Related: $0
- Other: $18,422
Where can I find the form 990 for Legacy Senior Services?
Legacy Senior Services's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Legacy Senior Services
Legacy Senior Services, a mission-driven organization, strives to create communities that uphold dignity, passion, and respect for adults. By partnering with various not-for-profit entities nationwide, this corporation extends its reach and influence to provide comprehensive care for elderly and vulnerable individuals.
At the heart of Legacy Senior Services' endeavors lies the provision of broad continuums of care, dedicated to promoting the health, mind, and spirit of those it serves. The organization operates skilled nursing facilities and senior housing communities, offering a range of services tailored to meet the unique needs of its residents.
In practice, Legacy Senior Services operates multiple facilities, including a 49-bed skilled nursing facility and a 20-unit independent living facility. These communities serve as sanctuaries, providing elderly and other vulnerable individuals with essential healthcare, residential, and social services.
Beyond its primary facility, Legacy Senior Services is also the sole member of four other limited liability companies, each operating as skilled nursing, assisted living, and/or independent living facilities. These entities cater to diverse populations and have an average daily census of varying sizes, with some facilities accommodating up to 138 assisted living units. All of the skilled nursing facilities hold certifications from both Medicare and Medicaid.
In summary, Legacy Senior Services is a compassionate organization dedicated to creating dignified living environments for adults. By providing a continuum of care and partnering with other not-for-profit entities, it seeks to positively impact the lives of elderly and vulnerable individuals.
Shop smarter and support your favorite cause with the Give Freely browser extension. Save money with coupons and donate to charity with a single click. Download now!
Impact
October, 2024
Legacy Senior Services significantly enhances the quality of life for elderly and vulnerable individuals through its comprehensive care and housing solutions. By operating skilled nursing facilities and independent living communities such as Traverse Care Center in Wheaton, Minnesota, Legacy ensures that residents receive the necessary healthcare, residential support, and social engagement required for their well-being.
With a focus on dignity, passion, and respect, Legacy’s mission to create supportive communities directly impacts the lives of its residents. In 2022, Traverse Care Center maintained an average daily census of 43, showcasing the demand and trust placed in its services. Similarly, other facilities under its management, like LSS of Frazee in Minnesota and LSS of Marycrest in Colorado, served an average of 73 and 127 residents, respectively, indicating a robust reach and positive reception across its locations.
Legacy Senior Services also emphasizes partnerships with other organizations, which allows for a broader continuum of care. This collaborative approach not only strengthens resources available to residents but also fosters a community ethos that prioritizes health—mentally, physically, and socially. By creating these vital support networks, Legacy Senior Services plays an essential role in promoting holistic health and well-being for adults in need.
This information is meant to be a general summary of Legacy Senior Services. 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: $711
- Program Service Revenue: $14,926,223
- Gross Receipts: $16,303,160
Assets and Liabilities:
- Total Assets: $10,817,792
- Total Liabilities: $8,390,097
- Net Assets: $2,427,695
Want to help this charity, for free? You can click here to learn more about Give Freely
Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
Resident Service Revenue
Revenue
$14,871,265
Miscellaneous Revenue
Revenue
$54,958
Organization Details
Founding Year
2001
Phone
(763) 537-5700Principal Officer
Eric Lunde
Main Address
14416 Spring Lake Road, Minnetonka, MN, 55345
NTEE Category
Code: E91 - Health
If you are a representative of Legacy Senior Services and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.