Overview
What is Sapphire Lutheran Homes Inc?
Sapphire Lutheran Homes Inc is a nonprofit organization dedicated to providing quality housing for the elderly. While the provided information is limited, it suggests that their primary mission revolves around this particular aspect of social care. However, details about their specific programs, outreach efforts, or the extent of their services in various locations are not available. It's essential to note that the description emphasizes the quality of their services, indicating a commitment to ensuring a high standard of living for the elderly population they serve.
What are the reviews and ratings of this charity?
Charity Navigator Rating 75% - Three-Star out of Four Star rating
Sapphire Lutheran Homes Inc received a Three-Star rating from Charity Navigator, reflecting a solid accountability and finance score of 75%. This rating is significant as it indicates that the organization maintains a level of transparency and fiscal responsibility in its operations, which is crucial for donor trust and support.
The organization demonstrates strong governance with an independent board consisting of 100% independent members, which contributes to effective oversight. Additionally, Sapphire Lutheran Homes excels in financial reporting and has no diversion of assets, showcasing a commitment to ethical financial management. Their program expense ratio is commendable, with 90.48% of expenses dedicated to programs, indicating a focus on mission delivery.
However, there are some concerns regarding the liabilities to assets ratio, which stands at 59.21%. This figure suggests that while the organization is functioning well, it might face challenges in terms of financial risk management. Overall, Sapphire Lutheran Homes exhibits strengths in accountability and program funding, though attention to financial liabilities could enhance its stability.
This AI summary has been generated from information found on Charity Navigator.
Is Sapphire Lutheran Homes Inc legitimate?
Sapphire Lutheran Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sapphire 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: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,673,093
For more financial information, click here
What is the mission statement of Sapphire Lutheran Homes Inc?
Sapphire Lutheran Homes Inc is committed to providing quality housing for the elderly. Their mission revolves around ensuring a comfortable living environment for the elderly population, prioritizing their needs and well-being. The organization's activities are centered around providing suitable housing, aiming to enhance the quality of life for the elderly residents under their care. However, additional information about the specific goals, initiatives, or additional services offered by Sapphire Lutheran Homes Inc was not provided.
Who is the CEO of Sapphire Lutheran Homes Inc?
Cole Harden is the Director of Sapphire Lutheran Homes Inc.
What is the revenue of Sapphire Lutheran Homes Inc?
Sapphire Lutheran Homes Inc's revenue in 2022 was $3,749,339.
Who are the executives of Sapphire Lutheran Homes Inc and what are their salaries?
The average compensation at Sapphire Lutheran Homes Inc during 2022 was $17,248. There are 97 employees at Sapphire Lutheran Homes Inc.
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Where can I find the form 990 for Sapphire Lutheran Homes Inc?
Sapphire Lutheran Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Sapphire Lutheran Homes Inc
Sapphire Lutheran Homes Inc is committed to providing high-quality housing for the elderly. Their mission is centered around ensuring that the elderly population has access to comfortable and suitable living spaces. This nonprofit organization strives to enhance the lives of the elderly by offering them a home that meets their needs and contributes to their overall well-being. By focusing on quality housing, Sapphire Lutheran Homes Inc aims to promote a sense of security, comfort, and dignity for its elderly residents. The organization's mission is a testament to its dedication to improving the living conditions of the elderly and contributing to their overall quality of life.
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Impact
July, 2024
Sapphire Lutheran Homes Inc provides quality housing for the elderly in Hamilton, MT. Their impact is significant, as they offer a safe and comfortable living environment for seniors in need. By providing this service, Sapphire Lutheran Homes Inc contributes to the well-being and quality of life of the elderly population in their community. Their focus on human services ensures that seniors receive the care and support they deserve as they age.
This information is meant to be a general summary of Sapphire 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: $70,172
- Program Service Revenue: $3,623,331
- Gross Receipts: $3,749,339
Assets and Liabilities:
- Total Assets: $7,796,023
- Total Liabilities: $4,616,697
- Net Assets: $3,179,326
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
FEES & CONTRACTS - GOV'T
Revenue
$553,264
MEMORY CARE
Revenue
$404,669
OTHER SERVICES
Revenue
$183,002
RENTS & MEALS
Revenue
$2,482,396
Organization Details
Founding Year
1988
Phone
(406) 363-2800Principal Officer
Cole Harden
Main Address
501 N 10TH ST, HAMILTON, MT, 59840
NTEE Category
Code: P75 - Human services
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