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Chrysalis Lutheran Homes Inc

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

EIN: 470600604 ✦ Grand island, NE ✦ Designated as a 501(c)(3)

Overview

What is Chrysalis Lutheran Homes Inc?

Chrysalis Lutheran Homes Inc is a nonprofit organization situated in Grand Island, Nebraska. Their primary mission is to construct and manage an apartment complex, providing 72 units of affordable living accommodations for elderly and low-income individuals. These housing options are assisted by the U.S. Department of Housing and Urban Development (HUD). With a dedicated workforce of 11 employees, Chrysalis Lutheran Homes Inc strives to ensure that these residents have a secure and comfortable living environment.


Official website here: www.chrysalislutheranhomes.com

Is Chrysalis Lutheran Homes Inc legitimate?

Chrysalis Lutheran Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Chrysalis Lutheran Homes 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: $93,647

For more financial information, click here


Official website here: www.chrysalislutheranhomes.com

What is the mission statement of Chrysalis Lutheran Homes Inc?

Chrysalis Lutheran Homes Inc was established with the purpose of constructing and managing an apartment complex comprising 72 units, under Section 21218 of the National Housing Act. Their primary mission is to provide HUD-assisted housing for elderly and low-income tenants. This organization is dedicated to ensuring that these individuals have access to affordable living arrangements. By offering such housing, Chrysalis Lutheran Homes Inc contributes to the well-being and residential stability of vulnerable communities.


Official website here: www.chrysalislutheranhomes.com

Who is the CEO of Chrysalis Lutheran Homes Inc?

Duane Burns is the President of Chrysalis Lutheran Homes Inc.


Official website here: www.chrysalislutheranhomes.com

What is the revenue of Chrysalis Lutheran Homes Inc?

Chrysalis Lutheran Homes Inc's revenue in 2022 was $585,818.


Official website here: www.chrysalislutheranhomes.com

Who are the executives of Chrysalis Lutheran Homes Inc and what are their salaries?

The average compensation at Chrysalis Lutheran Homes Inc during 2022 was $8,513. There are 11 employees at Chrysalis Lutheran Homes Inc.

Here are 10 key members and their salaries:

    Duane Burns (President) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Phyllis Eriksen (Vice Preside) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Karen Niedfelt (Secretary) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Gary Tank (Member Of Bo) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Dennis Harder (Member Of Bo) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Louann Phipps (Member Of Bo) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Linell Schultz (Member Of Bo) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Peter Richling (Member Of Bo) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Pamela Anderson (Member Of Bo) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0

    • Jeff Koch (Member Of Bo) [Trustee/Director]
  • Compensation: $0
  • Related: $0
  • Other: $0


  • Official website here: www.chrysalislutheranhomes.com

    Where can I find the form 990 for Chrysalis Lutheran Homes Inc?

    The Chrysalis Lutheran Homes Inc’s most recent form 990 was submitted in 2022 and can be accessed here


    Official website here: www.chrysalislutheranhomes.com

    Learn more at the official website: www.chrysalislutheranhomes.com

    Mission Statement of Chrysalis Lutheran Homes Inc

    Chrysalis Lutheran Homes Inc is a corporation with a mission to provide housing for elderly and low-income individuals. Established under Section 21218 of the National Housing Act, the organization constructs and operates an apartment complex comprising 72 units. This housing is substantially assisted by the U.S. Department of Housing and Urban Development (HUD). Chrysalis Lutheran Homes Inc offers this housing as a means to cater to the needs of elderly and economically disadvantaged tenants, providing them with a safe and affordable living space.

    Impact

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




    Wednesday, July 24, 2024

    Chrysalis Lutheran Homes Inc provides essential HUD-assisted housing options for elderly and low-income residents in Grand Island, NE. Their impact is evident in the 72-unit apartment complex they have constructed and operate under Section 21218 of the National Housing Act. By offering affordable and supportive housing options, Chrysalis Lutheran Homes Inc positively contributes to the well-being and quality of life of vulnerable populations 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: $414
  • Program Service Revenue: $573,407
  • Gross Receipts: $585,818

    • Assets and Liabilities:
  • Total Assets: $1,241,760
  • Total Liabilities: $1,813,079
  • Net Assets: -$571,319
  • Programs

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

    RENT REVENUE

    Revenue

    $548,407

    GRANTS

    Revenue

    $25,000

    Organization Details

    Founding Year

    1980

    Principal Officer

    Duane Burns

    Main Address

    2807 W FAIDLEY AVE, GRAND ISLAND, NE, 68803

    NTEE Category

    Code: L20Z - Housing

    If you are a representative of Chrysalis Lutheran Homes Inc 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.