Sacred Heart At Monastery Lake Inc

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

EIN: 270771531 ✦ Franklin, WI ✦ Designated as a 501(c)(3)

Overview

What is Sacred Heart At Monastery Lake Inc?

Sacred Heart At Monastery Lake Inc is a nonprofit organization located in Franklin, Wisconsin, specifically at 7330 and 7350 South Lovers Lane Road. Primarily, it serves as a residential facility for retired and current members of the Priests of the Sacred Heart, a Roman Catholic religious order. Additionally, the organization offers senior residential units for members of the community, some of which are subsidized. Their mission is to provide housing for individuals belonging to these groups, contributing to their well-being and community living.


Official website here: www.poshusa.org

Is Sacred Heart At Monastery Lake Inc legitimate?

Sacred Heart At Monastery Lake Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Sacred Heart At Monastery Lake 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.

Here are some key statistics you may want to consider:

Executive Compensation: $0
Professional Fundraising Fees: $0
Other Salaries and Wages: $0

For more financial information, click here


Official website here: www.poshusa.org

What is the mission statement of Sacred Heart At Monastery Lake Inc?

Sacred Heart At Monastery Lake Inc serves as a residential facility, catering to two distinct groups. Primarily, it offers housing for retired and current members of the Priests of the Sacred Heart, a Roman Catholic religious order. Additionally, the institution provides subsidized senior housing for members of the community who are 55 years and above. The organization's mission is centered around providing a living space for these individuals, ensuring they have a supportive and comfortable environment to reside in.


Official website here: www.poshusa.org

Who is the CEO of Sacred Heart At Monastery Lake Inc?

Fr Vien Nguyen is the President of Sacred Heart At Monastery Lake Inc.


Official website here: www.poshusa.org

What is the revenue of Sacred Heart At Monastery Lake Inc?

Sacred Heart At Monastery Lake Inc's revenue in 2022 was $2,253,693.


Official website here: www.poshusa.org

Who are the executives of Sacred Heart At Monastery Lake Inc and what are their salaries?

Here are 4 key members and their salaries:

    Fr Vien Nguyen (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Fr Quang Nguyen (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Br Frank Presto Scj (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dn David Nagel Scj (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.poshusa.org

    Where can I find the form 990 for Sacred Heart At Monastery Lake Inc?

    The Sacred Heart At Monastery Lake Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.poshusa.org

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

    Mission Statement of Sacred Heart At Monastery Lake Inc

    Sacred Heart At Monastery Lake Inc is dedicated to providing housing solutions for two distinct groups. Firstly, it accommodates current and retired members of the Priests of the Sacred Heart, a Roman Catholic religious order. Secondly, it offers subsidized housing for senior citizens (age 55+) within the community. This nonprofit organization's mission is to create a welcoming environment where these individuals can live comfortably and securely, fostering a sense of community among its residents.

    Impact

    This information is meant to be a general summary of Sacred Heart At Monastery Lake Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Sacred Heart At Monastery Lake Inc's impact is centered around providing essential housing services for current and retired members of the Priests of the Sacred Heart, a Roman Catholic religious order. Additionally, the organization offers housing options, some of which are subsidized, for senior members of the community aged 55 and above. By offering residential units for retired priests and seniors in the community, Sacred Heart At Monastery Lake Inc plays a crucial role in supporting the housing needs of these populations, thereby contributing to their well-being and quality of life.





    Financials

    This financial information is from Propublica.

    Revenue
    Expenses
    Efficiency

    Other financial information:

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

  • Investment Income: $805
  • Program Service Revenue: $2,252,888
  • Gross Receipts: $2,253,693

    • Assets and Liabilities:
  • Total Assets: $11,323,959
  • Total Liabilities: $2,905,877
  • Net Assets: $8,418,082
  • Programs

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

    RENTALS - 7330 S LOVERS LN

    Revenue

    $2,234,917

    OTHER INCOME

    Revenue

    $17,971

    Organization Details

    Founding Year

    2009

    Principal Officer

    Fr Vien Nguyen

    Main Address

    7330 AND 7350 SOUTH LOVERS LANE RD, FRANKLIN, WI, 53132

    NTEE Category

    Code: X22 - Religion related

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