The Homestead At Coon Rapids Inc

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

EIN: 832687296 ✦ Eden prairie, MN ✦ Designated as a 501(c)(3)

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Overview

What is The Homestead At Coon Rapids Inc?

The Homestead At Coon Rapids Inc, an affiliate of Volunteers of America, is a prominent national nonprofit organization with a faith-based foundation. They operate in over 400 communities across the United States, dedicating their efforts to serving over 2 million individuals by providing essential services such as housing and healthcare. Specifically in Minnesota, The Homestead at Coon Rapids Inc focuses on offering healthcare and assisted living services to seniors and individuals with disabilities. Their mission aligns with Volunteers of America's commitment to improving lives and communities on a national scale.


Official website here: www.voaseniorliving.org

What are the reviews and ratings of this charity?

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

The Homestead At Coon Rapids Inc has received a Three-Star rating from Charity Navigator, reflecting an overall score of 81%. This score is derived entirely from its Accountability & Finance metrics, indicating a strong emphasis on financial integrity and transparency. The organization's commitment to maintaining a majority independent board and adhering to best practices in governance is noteworthy, with a significant percentage of independent members and no reported material diversion of assets.

Strengths of the organization include its high accountability standards, as evidenced by perfect scores in various areas, such as the audit committee oversight and the presence of critical policies like conflict of interest and whistleblower protections. Additionally, the program expense ratio is impressive at 95.71%, suggesting that a substantial portion of funds is directed toward its mission rather than administrative costs.

While the organization demonstrates strong financial practices, the lack of diverse scoring metrics may limit the overall evaluation of its impact and effectiveness in fulfilling its mission. However, the solid accountability measures in place are a positive indicator of responsible resource management.


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

Is The Homestead At Coon Rapids Inc legitimate?

The Homestead At Coon Rapids Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. The Homestead At Coon Rapids 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: $1,090,831

For more financial information, click here


Official website here: www.voaseniorliving.org

What is the mission statement of The Homestead At Coon Rapids Inc?

The Homestead At Coon Rapids Inc, as part of Volunteers of America, is a non-profit organization dedicated to serving over 2 million individuals annually across various communities. Their mission, when it comes to their specific facility, is to offer healthcare and assisted living services for seniors and individuals with disabilities, upholding the broader mission of Volunteers of America to provide housing and support services nationwide. In essence, The Homestead at Coon Rapids Inc aims to improve the quality of life for its residents, focusing on their healthcare needs and overall well-being.


Official website here: www.voaseniorliving.org

Who is the CEO of The Homestead At Coon Rapids Inc?

Joseph Budzynski is the Principal Officer of The Homestead At Coon Rapids Inc.


Official website here: www.voaseniorliving.org

What is the revenue of The Homestead At Coon Rapids Inc?

The Homestead At Coon Rapids Inc's revenue in 2022 was $2,061,053.


Official website here: www.voaseniorliving.org

Who are the executives of The Homestead At Coon Rapids Inc and what are their salaries?

The average compensation at The Homestead At Coon Rapids Inc during 2022 was $22,726. There are 48 employees and 18 volunteers at The Homestead At Coon Rapids Inc.


Here are 24 key members and their salaries:


King Michael W (President)
  • Compensation: $0
  • Related: $574,532
  • Other: $169,940
Arnoldpatti (Chairperson)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rase Nancy (Vice Chair)
  • Compensation: $0
  • Related: $0
  • Other: $0
Burks Jane (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Dolan Thomas (Secretary)
  • Compensation: $0
  • Related: $0
  • Other: $0
Carrington Edwina (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Bloom Shawn (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Mullen Beth (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Edeburn Andrew (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Knapp Keith (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Leblanc James (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Perkins Derrick (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Petersen Jeanne (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Vigilance Pierre (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wakefield Stephen (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0
Wilson Geno Sharon (Asst. Secretary/Treasurer)
  • Compensation: $0
  • Related: $343,392
  • Other: $153,623
Budzynski Joseph A (Asst. Secretary/Treasurer)
  • Compensation: $0
  • Related: $328,554
  • Other: $76,526
King Kimberly B (Asst. Secretary/Treasurer)
  • Compensation: $0
  • Related: $260,597
  • Other: $53,419
Gavin Nancy A (Asst. Secretary/Treasurer)
  • Compensation: $0
  • Related: $165,367
  • Other: $90,542
Desjardins Peter J (Asst. Secretary/Treasurer)
  • Compensation: $0
  • Related: $231,709
  • Other: $36,843
Nutz Faith (Asst. Secretary/Treasurer)
  • Compensation: $0
  • Related: $127,589
  • Other: $18,886
Moyer Milford W (Asst. Secretary/Treasurer)
  • Compensation: $0
  • Related: $95,923
  • Other: $9,724
Nickell Jacci J (Svp - Healthcare Opt.)
  • Compensation: $0
  • Related: $254,178
  • Other: $54,160
Soczynski Paul F (Svp - Healthcare Program Dev)
  • Compensation: $0
  • Related: $250,041
  • Other: $43,002


Official website here: www.voaseniorliving.org

Where can I find the form 990 for The Homestead At Coon Rapids Inc?

The Homestead At Coon Rapids Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.voaseniorliving.org

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

Mission Statement of The Homestead At Coon Rapids Inc

The Homestead at Coon Rapids, a renowned nonprofit organization under the umbrella of Volunteers of America, is committed to offering essential services to over 2 million individuals annually across various communities. In line with its national mission, this specific entity, The Homestead at Coon Rapids Inc., based in Minnesota, focuses on providing healthcare and assisted living services to seniors and individuals with disabilities. By offering these supportive services, The Homestead at Coon Rapids aims to enhance the quality of life for its beneficiaries, contributing to their overall well-being and independence.

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Impact




July, 2024

The Homestead At Coon Rapids Inc is making a significant impact by providing healthcare and assisted living services in Minnesota for seniors and individuals with disabilities. This organization is part of Volunteers of America, a national nonprofit that serves over 2 million people in more than 400 communities each year. Through their dedicated work, The Homestead At Coon Rapids Inc is contributing to community improvement by offering vital services to those in need.




This information is meant to be a general summary of The Homestead At Coon Rapids 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
$2,061,053 (2022)
Expenses
$2,130,700 (2022)
Efficiency

Other financial information:

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

  • Investment Income: $590
  • Program Service Revenue: $1,839,628
  • Gross Receipts: $2,061,053

Assets and Liabilities:

  • Total Assets: $1,326,772
  • Total Liabilities: $1,856,485
  • Net Assets: -$529,713

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Programs

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

NURSING/THERAPY

Revenue

$1,836,932

OTHER

Revenue

$2,696

Organization Details

Founding Year

2018

Principal Officer

Joseph Budzynski

Main Address

7485 OFFICE RIDGE CIRCLE, EDEN PRAIRIE, MN, 55344

NTEE Category

Code: S80 - Community improvement

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