St Claras Senior Services Inc

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

EIN: 376075710 ✦ Lincoln, IL ✦ Designated as a 501(c)(3)

Overview

What is St Claras Senior Services Inc?

St. Claras Senior Services Inc is a supporting organization based in Lincoln, Illinois, with an address at 1450 Castle Manor Drive. Their primary mission involves aiding St. Clara's Manor Inc and Castle Manor Inc by offering favorable rental rates for their nursing home operations and providing charitable loans with low-interest rates, respectively. In addition, St. Claras Senior Services Inc promotes operational efficiency by merging payrolls for health insurance and pension plans for both organizations. Essentially, this nonprofit organization plays a crucial role in supporting the operations of nursing homes and supportive living facilities, ensuring they can provide essential services to their residents.


Is St Claras Senior Services Inc legitimate?

St Claras Senior Services Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. St Claras Senior Services 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


What is the mission statement of St Claras Senior Services Inc?
Who is the CEO of St Claras Senior Services Inc?
What is the revenue of St Claras Senior Services Inc?
Who are the executives of St Claras Senior Services Inc and what are their salaries?
Where can I find the form 990 for St Claras Senior Services Inc?

Mission Statement of St Claras Senior Services Inc

St. Clara's Senior Services Inc serves as a supporting organization for nursing homes and supportive living facilities. Its primary mission is to aid St. Clara's Manor, Inc and Castle Manor, Inc in their operations. St. Clara's Senior Services Inc accomplishes this by renting its property to St. Clara's Manor, Inc at a charitable rate. Furthermore, the organization extends financial support to Castle Manor, Inc, offering loans with favorable interest rates. In addition to these financial contributions, St. Clara's Senior Services Inc also consolidates payrolls for health insurance and pension benefits with both organizations, thereby promoting operational efficiencies. This collaborative approach allows St. Clara's Senior Services Inc to contribute significantly to the well-being and sustainability of nursing homes and supportive living facilities under its care.

Impact

This information is meant to be a general summary of St Claras Senior Services Inc. Please take the time to review official sources before making any decisions based upon the content provided here.




Saturday, July 20, 2024

St. Claras Senior Services Inc plays a crucial role in supporting St. Clara's Manor, Inc and Castle Manor, Inc in Lincoln, IL. By renting the property used for the nursing home at a charitable rate and providing loans with charitable interest rates, this organization enables both facilities to operate effectively. Additionally, by combining payrolls for health insurance and pension efficiencies, St. Claras Senior Services Inc contributes to the overall sustainability of these healthcare institutions. Its impact is significant in ensuring the provision of quality care for seniors 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 2022.

  • Investment Income: $104,247
  • Program Service Revenue: $0
  • Gross Receipts: $2,003,490

    • Assets and Liabilities:
  • Total Assets: $22,307,083
  • Total Liabilities: $12,207,574
  • Net Assets: $10,099,509
  • Organization Details

    Founding Year

    1963

    Principal Officer

    Donna Boyd

    Main Address

    1450 CASTLE MANOR DRIVE, LINCOLN, IL, 62656

    NTEE Category

    Code: E91 - Health

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