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Phw Oconomowoc Inc

Learn about this cause: What are the reviews? Is it Legit? Do I like the mission? What is the CEO's salary?

EIN: 825492636 ✦ Roseville, MN ✦ Designated as a 501(c)(3)

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Overview

What is Phw Oconomowoc Inc?

Phw Oconomowoc Inc, located in Roseville, Minnesota, is a nonprofit organization dedicated to enriching the lives and touching the hearts of older adults. Their campus comprises various living accommodations, including 120 independent living apartments, 20 assisted living apartments, and 18 memory care-specific units. The mission of Phw Oconomowoc Inc is to honor God while providing a supportive environment for seniors.


Official website here: www.preshomes.org

What are the reviews and ratings of this charity?

**Rating: 81% (Three-Star out of Four Star Rating on Charity Navigator)**

Phw Oconomowoc Inc has earned a Three-Star rating with an overall score of 81%, primarily based on its Accountability & Finance metrics. This score reflects strong governance practices, with a significant majority of independent board members and a well-structured audit and oversight committee. However, the organization faced challenges with its liabilities to assets ratio, which negatively impacted its financial evaluation.

The data highlights several organizational strengths, including transparency and adherence to best practices, as evidenced by its solid conflict of interest and whistleblower policies. Despite these strong points, the charity's lack of accessible financial documents on its website and the absence of data on the salaries of key persons raise some concerns regarding financial transparency.

Not Available.


This AI summary has been generated from information found on Charity Navigator.

Is Phw Oconomowoc Inc legitimate?

Phw Oconomowoc Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Phw Oconomowoc 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: $1,930,355

For more financial information, click here


Official website here: www.preshomes.org

What is the mission statement of Phw Oconomowoc Inc?

Phw Oconomowoc Inc's mission is centered around honoring God. Their primary objective is to enrich the lives and touch the hearts of older adults. This is achieved by providing a supportive environment that caters to their needs, allowing them to live with dignity and comfort. The organization offers various living arrangements, including independent living apartments, assisted living apartments, and specialized memory care units for individuals with Alzheimer's and other related conditions. By focusing on the well-being of older adults, Phw Oconomowoc Inc strives to make a meaningful impact in their lives, demonstrating respect and care.


Official website here: www.preshomes.org

Who is the CEO of Phw Oconomowoc Inc?

Mark Meyer is the Ceo of Phw Oconomowoc Inc. The CEO's salary of Phw Oconomowoc Inc is $0 and their total compensation is $943,678.


Official website here: www.preshomes.org

What is the revenue of Phw Oconomowoc Inc?

Phw Oconomowoc Inc's revenue in 2022 was $7,170,674.


Official website here: www.preshomes.org

Who are the executives of Phw Oconomowoc Inc and what are their salaries?

There 10 volunteers at Phw Oconomowoc Inc.


Here are 17 key members and their salaries (Phw Oconomowoc Inc's CEO's salary is $0 and their total compensation is $943,678):


Dan Lindh (Ceo)
  • Compensation: $0
  • Related: $919,741
  • Other: $23,937
Mark Meyer (Cfo/Treasurer)
  • Compensation: $0
  • Related: $445,702
  • Other: $27,414
Jonathan Fletcher (Vp Development)
  • Compensation: $0
  • Related: $347,973
  • Other: $20,328
Duane Larson (Svp Operations)
  • Compensation: $0
  • Related: $323,989
  • Other: $27,414
Teresa Larson (Svp Human Resources)
  • Compensation: $0
  • Related: $323,848
  • Other: $19,541
Dean Muller (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Frank Habib (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Keith Pierce (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Martha Brown (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Suzy Frasier (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jude Carlin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
James Guckenberg (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jesse Greenlee (Brd Chair 12/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kevin Sjostrom (Board Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jeffrey Hein (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Barry James (Brd Mem 12/21)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rachel Yates (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.preshomes.org

Where can I find the form 990 for Phw Oconomowoc Inc?

Phw Oconomowoc Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.preshomes.org

Learn more at the official website: www.preshomes.org

Mission Statement of Phw Oconomowoc Inc

Phw Oconomowoc Inc, a nonprofit organization, is dedicated to enriching the lives and touching the hearts of older adults. Their mission, as stated, is to honor God in this endeavor. By providing a nurturing environment, Phw Oconomowoc Inc aims to positively impact the lives of its older adult residents, creating an atmosphere of care and compassion. The organization offers various living options, including independent living apartments, assisted living apartments, and designated memory care apartments for those with specific needs, ensuring that they cater to a wide range of requirements. By prioritizing the well-being of older adults, Phw Oconomowoc Inc fulfills its mission of enriching lives and spreading kindness.

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Impact




July, 2024

Phw Oconomowoc Inc's impact is focused on enriching the lives and touching the hearts of older adults through providing a range of living options and care services. Located in Waukesha, Wisconsin, the organization offers 120 independent living apartments, 20 assisted living apartments, and 18 assisted living apartments designated for memory care specifically. By catering to the diverse needs of older adults, Phw Oconomowoc Inc contributes to enhancing the quality of life for this demographic in the community.




This information is meant to be a general summary of Phw Oconomowoc 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.

Revenue
$7,170,674 (2022)
Expenses
$7,672,715 (2022)
Efficiency

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $15,215
  • Program Service Revenue: $6,830,668
  • Gross Receipts: $7,173,639

Assets and Liabilities:

  • Total Assets: $48,304,790
  • Total Liabilities: $52,697,425
  • Net Assets: -$4,392,635

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Programs

Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.

SERVICES TO RESIDENTS

Revenue

$6,830,668

Organization Details

Founding Year

2018

Principal Officer

Mark Meyer

Main Address

2845 N HAMLINE AVE, ROSEVILLE, MN, 55113

NTEE Category

Code: L22 - Housing

If you are a representative of Phw Oconomowoc Inc 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.