Overview
What is Solvang Friendship House?
Solvang Friendship House is a nonprofit organization situated in Solvang, California, with a specific focus on supporting elderly individuals and those living with Alzheimer's disease. The organization operates a residential care facility, providing assisted living services for approximately 40 residents annually. Their mission is to offer both assisted living and day program services for the elderly and Alzheimer's patients, aiming to improve their quality of life. The organization employs a team of 59 dedicated individuals to carry out its mission effectively.
Official website here: www.solvangfriendshiphouse.com
What are the reviews and ratings of this charity?
Rating from Charity Navigator: 96%, Four-Star out of Four Star rating.
Solvang Friendship House has earned a commendable rating of 96%, reflecting its strong commitment to accountability and financial management. The charity's overall score is derived entirely from its impressive performance in accountability and finance, indicating a solid infrastructure that supports its mission effectively.
The organization showcases exemplary governance with 100% of its board members being independent, robust financial oversight, and no material diversion of assets noted. Its financial health is further emphasized by a low liabilities-to-assets ratio and an impressive program expense ratio of over 92%, highlighting that the majority of its funds are directed towards its programs.
While the data indicates significant strengths, the review does not highlight specific programs or outcomes of Solvang Friendship House, leaving a gap in understanding the direct impact of its services. Nonetheless, the financial integrity and strong governance practices are clear indicators of a well-managed nonprofit.
This AI summary has been generated from information found on Charity Navigator.
Is Solvang Friendship House legitimate?
Solvang Friendship House is a legitimate nonprofit organization registered as a 501(c)(3) entity. Solvang Friendship House 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: $130,018
Professional Fundraising Fees: $0
Other Salaries and Wages: $1,991,858
For more financial information, click here
Official website here: www.solvangfriendshiphouse.com
What is the mission statement of Solvang Friendship House?
The Solvang Friendship House is committed to providing assisted living and day program services for elderly residents, including those with Alzheimer's. Their mission is to create a supportive environment where these individuals can live comfortably and receive the care they need. In their residential care facility, they serve approximately 40 residents annually, offering assisted living services tailored to their needs. The organization aims to enhance the quality of life for these seniors, providing them with a sense of security and independence while ensuring their health and well-being.
Official website here: www.solvangfriendshiphouse.com
Who is the CEO of Solvang Friendship House?
Steen Weber is the Board Chair of Solvang Friendship House.
Official website here: www.solvangfriendshiphouse.com
What is the revenue of Solvang Friendship House?
Solvang Friendship House's revenue in 2022 was $3,325,640.
Official website here: www.solvangfriendshiphouse.com
Who are the executives of Solvang Friendship House and what are their salaries?
The average compensation at Solvang Friendship House during 2022 was $35,964. There are 59 employees and 13 volunteers at Solvang Friendship House.
Here are 14 key members and their salaries:
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Official website here: www.solvangfriendshiphouse.com
Where can I find the form 990 for Solvang Friendship House?
Solvang Friendship House's most recent form 990 was submitted in 2022 and can be accessed here.
Official website here: www.solvangfriendshiphouse.com
Learn more at the official website: www.solvangfriendshiphouse.com
Mission Statement of Solvang Friendship House
Solvang Friendship House is dedicated to providing assistance to elderly individuals and those living with Alzheimer's, offering both residential care and day program services. Their primary mission is to create a supportive environment where these residents can thrive, ensuring their needs are met with care and understanding. Currently, the organization serves approximately 40 residents annually, providing them with the necessary assisted living and day program services. By offering these services, Solvang Friendship House aims to enhance the quality of life for its residents, allowing them to maintain their independence and dignity while receiving the necessary care.
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Impact
July, 2024
Solvang Friendship House impacts the community by providing essential assisted living and day program services for elderly and Alzheimer's residents. By operating a residential care facility and offering assisted living support to approximately 40 residents in the current year, Solvang Friendship House enhances the quality of life for vulnerable individuals in Solvang, California. Their mission to provide care and support for the elderly and those with Alzheimer's reflects their commitment to promoting well-being and dignity among these residents.
This information is meant to be a general summary of Solvang Friendship House. 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: $27,285
- Program Service Revenue: $2,929,052
- Gross Receipts: $3,506,390
Assets and Liabilities:
- Total Assets: $4,049,430
- Total Liabilities: $455,441
- Net Assets: $3,593,989
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
RESIDENTS RENTS
Revenue
$2,929,052
Organization Details
Founding Year
1978
Phone
(805) 688-8748Principal Officer
Steen Weber
Main Address
880 FRIENDSHIP LANE, SOLVANG, CA, 93463
NTEE Category
Code: P70Z - Human services
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