Overview
What is Coeur D'Alene Homes Inc?
Coeur D'Alene Homes Inc, also known as Orchard Ridge Senior Living, is a nonprofit organization located in Coeur D'Alene, Idaho. With a focus on serving the elderly community, their primary mission is to provide a faith-based, loving home that honors older adults. They have demonstrated this commitment through their involvement in two U.S. Department of HUD projects: a Section 202 and a Section 232 project. These initiatives have significantly expanded the availability of affordable senior housing in the Coeur D'Alene, Idaho area, with a special emphasis on assisting lower-income senior citizens. In 2011, the organization provided financial assistance to aid another Section 202 HUD project in refinancing their federally insured loan. Their ongoing commitment to the Section 232 project continues to positively impact the senior community in the area. The organization currently employs 124 individuals.
What are the reviews and ratings of this charity?
Charity Navigator Rating: 54%, One-Star out of Four Stars
Coeur D'Alene Homes Inc has received a low rating of 54% from Charity Navigator, resulting in a One-Star designation. This score is primarily derived from its Accountability & Finance metrics, where the organization excels in having a fully independent board, with all 10 members being independent, and a strong conflict of interest policy. Additionally, the charity has implemented a whistleblower policy and maintains proper document retention practices, contributing positively to its governance structure.
Despite these strengths, the organization faces significant challenges in terms of financial health as indicated by its low program expense ratio of 46.48% and a liabilities to assets ratio of 2.72%. These metrics suggest that a smaller portion of its resources is devoted to programmatic expenses, which can raise concerns about its overall impact and efficiency. The lack of financial stability reflected in these ratios is a critical limitation that potential supporters and stakeholders should consider.
Overall, while Coeur D'Alene Homes Inc demonstrates robust governance practices, its financial ratios indicate areas for concern that may affect its long-term sustainability and effectiveness in fulfilling its mission. It is essential for the organization to address these financial challenges to improve its rating and enhance its impact in the community.
This AI summary has been generated from information found on Charity Navigator.
Is Coeur D'Alene Homes Inc legitimate?
Coeur D'Alene Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Coeur D'Alene 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: $135,612
Professional Fundraising Fees: $0
Other Salaries and Wages: $62,876
For more financial information, click here
What is the mission statement of Coeur D'Alene Homes Inc?
Coeur D'Alene Homes Inc's mission is focused on providing a faith-based, loving home that honors older adults. The organization aims to support the elderly in the community with a Christian focus, primarily through the provision of affordable housing. They have been involved in several projects under the U.S. Department of HUD, including a Section 202 and a Section 232 project. These projects have significantly expanded the number of affordable senior housing units in the Coeur D'Alene, Idaho area, with a focus on assisting lower-income senior citizens with a Christian focus. During 2011, the organization also provided financial assistance to another Section 202 HUD project for refinancing their federally insured loan. The financial assistance to the Section 232 project continues and is ongoing into the future.
Who is the CEO of Coeur D'Alene Homes Inc?
Ann Johnson is the President of Coeur D'Alene Homes Inc.
What is the revenue of Coeur D'Alene Homes Inc?
Coeur D'Alene Homes Inc's revenue in 2022 was $484,984.
Who are the executives of Coeur D'Alene Homes Inc and what are their salaries?
The average compensation at Coeur D'Alene Homes Inc during 2022 was $1,601. There are 124 employees and 33 volunteers at Coeur D'Alene Homes Inc.
Here are 15 key members and their salaries:
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- Compensation: $129,027
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- Other: $6,585
Where can I find the form 990 for Coeur D'Alene Homes Inc?
Coeur D'Alene Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.
Mission Statement of Coeur D'Alene Homes Inc
Coeur D'Alene Homes Inc, a nonprofit organization, is committed to providing a faith-based, loving home that respects and honors older adults. Their mission is centered around supporting the elderly in their community with a Christian focus, primarily through the provision of affordable housing. The organization has sponsored several projects under the U.S. Department of HUD, including a Section 202 and a Section 232 project. These projects have significantly expanded the number of affordable senior housing units in the Coeur D'Alene, Idaho area. Coeur D'Alene Homes Inc has a special emphasis on serving lower-income senior citizens with a Christian focus. In 2011, the organization incurred costs to assist another Section 202 HUD project in refinancing their federally insured loan. Their financial assistance to the Section 232 project continues and is ongoing into the future. Coeur D'Alene Homes Inc's dedication to providing a faith-based living environment for older adults underscores their commitment to serving the needs of this vulnerable population.
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Impact
July, 2024
Coeur D'Alene Homes Inc has had a significant impact in the community by providing affordable housing options for older adults with a Christian focus. Through the sponsorship of U.S. Department of HUD projects, specifically HUD Section 202 and HUD Section 232 projects, the organization has greatly expanded the availability of affordable senior housing units in the Coeur d'Alene, Idaho area. By emphasizing housing for lower-income senior citizens and incorporating a Christian perspective into their services, Coeur D'Alene Homes Inc is fulfilling a crucial need in the community for elderly individuals. Additionally, their ongoing financial assistance to various projects demonstrates their commitment to supporting older adults in maintaining safe and stable housing options.
This information is meant to be a general summary of Coeur D'Alene 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: $4,535
- Program Service Revenue: $263,612
- Gross Receipts: $533,180
Assets and Liabilities:
- Total Assets: $924,296
- Total Liabilities: $25,232
- Net Assets: $899,064
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
MANAGEMENT FEES
Revenue
$263,612
Organization Details
Founding Year
1920
Phone
(208) 664-8119Principal Officer
Ann Johnson
Main Address
624 W HARRISON AVE, COEUR DALENE, ID, 83814
NTEE Category
Code: L200 - Housing
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