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Lutheran Housing Corporation Of Alpena

Affordable Living Of Alpena

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

EIN: 382534392 ✦ Detroit, MI ✦ Designated as a 501(c)(3)

Overview

What is Lutheran Housing Corporation Of Alpena?

Lutheran Housing Corporation of Alpena is a nonprofit organization that primarily focuses on providing housing facilities and services tailored to meet the unique needs of elderly and handicapped individuals. Situated in Detroit, Michigan, their mission is to promote the health, security, and happiness of these individuals through longer living. They operate a 66-unit apartment complex, which is subsidized by HUD, offering specialized housing and services to cater to their physical, social, and psychological needs. The organization charges for these facilities and services based on a breakeven basis, ensuring affordability for the residents.


Official website here: www.samaritas.org

Is Lutheran Housing Corporation Of Alpena legitimate?

Lutheran Housing Corporation Of Alpena is a legitimate nonprofit organization registered as a 501(c)(3) entity. Lutheran Housing Corporation Of Alpena 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: $86,310

For more financial information, click here


Official website here: www.samaritas.org

What is the mission statement of Lutheran Housing Corporation Of Alpena?

The Lutheran Housing Corporation provides specialized housing facilities and services tailored to the needs of elderly and handicapped individuals. Their mission is to operate a 66-unit apartment complex, subsidized by HUD, which offers housing to these individuals, ensuring their physical, social, and psychological needs are met. The organization aims to promote their health, security, and happiness through longer living, with charges based on a breakeven basis. The project's primary objective is to enhance the well-being of these individuals, providing them with a secure and comfortable living environment.


Official website here: www.samaritas.org

Who is the CEO of Lutheran Housing Corporation Of Alpena?

Phyllis Colagross is the Board Member of Lutheran Housing Corporation Of Alpena.


Official website here: www.samaritas.org

What is the revenue of Lutheran Housing Corporation Of Alpena?

Lutheran Housing Corporation Of Alpena's revenue in 2022 was $647,165.


Official website here: www.samaritas.org

Who are the executives of Lutheran Housing Corporation Of Alpena and what are their salaries?

Here are 3 key members and their salaries:

    Dustin Black (Board Member) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Cindy Suszek (Vice President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phyllis Colagross (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.samaritas.org

    Where can I find the form 990 for Lutheran Housing Corporation Of Alpena?

    The Lutheran Housing Corporation Of Alpena’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.samaritas.org

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

    Mission Statement of Lutheran Housing Corporation Of Alpena

    Lutheran Housing Corporation of Alpena is committed to providing elderly and handicapped individuals with housing facilities and services tailored to their specific needs. The organization operates a 66-unit apartment complex, funded by the HUD, which serves as a home for these vulnerable individuals. The mission of Lutheran Housing Corporation of Alpena is to ensure that these residents live in an environment that caters to their physical, social, and psychological needs. By doing so, the organization aims to promote their health, security, and happiness, ultimately contributing to their overall well-being and longer living. The charges for these facilities and services are established on a break-even basis, demonstrating the organization's dedication to providing accessible and affordable housing options for those in need.

    Impact

    This information is meant to be a general summary of Lutheran Housing Corporation Of Alpena. Please take the time to review official sources before making any decisions based upon the content provided here.




    Wednesday, July 24, 2024

    Lutheran Housing Corporation Of Alpena's impact is evident in its provision of housing facilities and services specifically tailored to meet the needs of elderly and handicapped individuals. Through its 66-unit apartment complex, the organization promotes the physical, social, and psychological well-being of its residents, thereby enhancing their health, security, and overall happiness. By operating a subsidized housing project, Lutheran Housing Corporation Of Alpena plays a crucial role in supporting vulnerable populations and enabling them to lead more fulfilling and independent lives.





    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: $-64,361
  • Program Service Revenue: $681,899
  • Gross Receipts: $712,004

    • Assets and Liabilities:
  • Total Assets: $1,930,431
  • Total Liabilities: $2,633,470
  • Net Assets: -$703,039
  • Programs

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

    RESIDENT RENT

    Revenue

    $676,152

    LAUNDRY & VENDING

    Revenue

    $4,687

    SPECIAL CLAIMS REVENUE

    Revenue

    $463

    FORFEITED SECURITY DEP

    Revenue

    $301

    OTHER TENANT CHARGES

    Revenue

    $296

    Organization Details

    Founding Year

    1984

    Principal Officer

    Phyllis Colagross

    Main Address

    8131 E JEFFERSON, DETROIT, MI, 48214

    NTEE Category

    Code: L200 - Housing

    If you are a representative of Lutheran Housing Corporation Of Alpena and wish to learn more about how Give Freely can help you raise funds, please click here: https://givefreely.com/nonprofits/. Our services are offered at no cost to your organization.