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Salem Village Iii Inc C/O Lutheran Social Services Of Illinois

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

EIN: 363736904 ✦ Des plaines, IL ✦ Designated as a 501(c)(3)

Overview

What is Salem Village Iii Inc C/O Lutheran Social Services Of Illinois?

Salem Village III Inc, under the oversight of Lutheran Social Services of Illinois, is a nonprofit organization situated in Des Plaines, Illinois. Their primary mission is to cater to the housing needs of the elderly, offering them a facility equipped with 242 units. The organization's activities are subsidized by the HUD, ensuring affordable living arrangements for this specific demographic. Salem Village III Inc is committed to providing a living environment that enhances the elderly's health, security, happiness, and overall well-being.


Official website here: www.lssi.org

Is Salem Village Iii Inc C/O Lutheran Social Services Of Illinois legitimate?

Salem Village Iii Inc C/O Lutheran Social Services Of Illinois is a legitimate nonprofit organization registered as a 501(c)(3) entity. Salem Village Iii Inc C/O Lutheran Social Services Of Illinois 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: $354,260

For more financial information, click here


Official website here: www.lssi.org

What is the mission statement of Salem Village Iii Inc C/O Lutheran Social Services Of Illinois?

Salem Village III Inc., under the guidance of Lutheran Social Services of Illinois, is dedicated to providing housing facilities and services tailored to the unique needs of the elderly. Their mission is to enhance the health, security, happiness, and productivity of elderly individuals, promoting a sense of community and well-being. The organization operates a housing facility with 242 units, offering a supportive environment where elderly individuals can reside and lead fulfilling lives.


Official website here: www.lssi.org

Who is the CEO of Salem Village Iii Inc C/O Lutheran Social Services Of Illinois?

Mark A Stutrud is the Ceo of Salem Village Iii Inc C/O Lutheran Social Services Of Illinois. The CEO's salary of Salem Village Iii Inc C/O Lutheran Social Services Of Illinois is $0 and their total compensation is $821,672.


Official website here: www.lssi.org

What is the revenue of Salem Village Iii Inc C/O Lutheran Social Services Of Illinois?

Salem Village Iii Inc C/O Lutheran Social Services Of Illinois's revenue in 2023 was $4,679,542.


Official website here: www.lssi.org

Who are the executives of Salem Village Iii Inc C/O Lutheran Social Services Of Illinois and what are their salaries?

Here are 17 key members and their salaries (Salem Village Iii Inc C/O Lutheran Social Services Of Illinois's CEO's salary is $0 and their total compensation is $821,672):

    Mark A Stutrud (Ceo)
  • Compensation: $0
  • Related: $758,395
  • Other: $63,277

    • Lisa Sroga (Vp Finance/Cfo)
  • Compensation: $0
  • Related: $199,395
  • Other: $3,353

    • Dottie Garrity - Exec Dir (Strategic Information (Term. 09/2022))
  • Compensation: $0
  • Related: $120,681
  • Other: $7,992

    • Rev Kathie Bender Schwich (Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Esther M Macchione (Vice Chair) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • John T Rudy (Chair Emeritus) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Youngshim E Pitcher (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Dr M Wyvetta Bullock (Treasurer) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Donald B Erickson (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • James E Harney (Direcotr) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Judy K Dalhaus (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Ron Kok-Alblas (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Rhonda L Pruitt (Director)
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Dr Greg Busboom (Bishop/Ex Officio) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Stacie Fidlar (Bishop/Ex Officio) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Rev Yehiel Curry (Bishop/Ex Officio) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • David K Wilds (Dir Of Treasury Services)
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.lssi.org

    Where can I find the form 990 for Salem Village Iii Inc C/O Lutheran Social Services Of Illinois?

    The Salem Village Iii Inc C/O Lutheran Social Services Of Illinois’s most recent form 990 was submitted in 2023 and can be accessed here


    Official website here: www.lssi.org

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

    Mission Statement of Salem Village Iii Inc C/O Lutheran Social Services Of Illinois

    Salem Village III Inc., under the umbrella of Lutheran Social Services of Illinois, is a service corporation with a mission to cater to the unique needs of elderly individuals. Their primary objective is to provide elderly individuals with housing facilities that are specifically designed to enhance their health, security, happiness, and productivity. This nonprofit organization believes in promoting a sense of well-being and usefulness among the elderly, offering them a living environment that caters to their special requirements.

    Salem Village III Inc. has fulfilled its mission by providing housing facilities for elderly individuals. Their facility houses 242 units, each designed to cater to the specific needs of its elderly residents. This housing complex serves as a sanctuary for elderly individuals, offering them a safe and secure environment where they can enjoy their golden years with peace of mind. The organization's mission is not just about providing a roof over their heads but also about promoting their overall well-being and ensuring that they lead a happy and fulfilling life.

    Impact

    This information is meant to be a general summary of Salem Village Iii Inc C/O Lutheran Social Services Of Illinois. Please take the time to review official sources before making any decisions based upon the content provided here.




    Thursday, August 15, 2024

    Salem Village III Inc, operating under Lutheran Social Services of Illinois, has had a significant impact by providing HUD subsidized housing for the elderly in Des Plaines, IL. With a facility offering 242 units specifically designed to address the unique needs of elderly individuals, this organization plays a vital role in promoting the health, security, happiness, and usefulness of its residents. By offering affordable housing and support services, Salem Village III Inc contributes to the well-being and quality of life of the elderly population in the community.





    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 2023.

  • Investment Income: $19,259
  • Program Service Revenue: $4,624,642
  • Gross Receipts: $4,789,699

    • Assets and Liabilities:
  • Total Assets: $6,224,605
  • Total Liabilities: $11,340,174
  • Net Assets: -$5,115,569
  • Programs

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

    MEDICARE/MEDICAID FEES

    Revenue

    $1,957,963

    TENANT RENTS

    Revenue

    $1,574,059

    GOVERNMENT CONTRACTS

    Revenue

    $1,092,620

    Organization Details

    Founding Year

    1976

    Principal Officer

    Mark A Stutrud

    Main Address

    1001 E TOUHY AVENUE 50, DES PLAINES, IL, 60018

    NTEE Category

    Code: L22Z - Housing

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