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Legacy Senior Services

Traverse Care Center

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

EIN: 800015864 ✦ Minnetonka, MN ✦ Designated as a 501(c)(3)

Overview

What is Legacy Senior Services?

Legacy Senior Services is a Minnesota-based nonprofit corporation that specializes in housing and caring for elderly and vulnerable individuals. They operate a 49-bed skilled nursing facility and a 20-unit independent living facility in Wheaton, Minnesota, called Traverse Care Center. The organization manages and owns several other facilities through four LLCs: LSS of Frazee, LSS of Marycrest, and LSS of Madison. These facilities offer skilled nursing, assisted living, and independent living options, with a combined average daily census of 239 during 2022. Legacy Senior Services' mission is to create dignified communities for adults and collaborate with other not-for-profit organizations. Their facilities are Medicare and Medicaid certified, and they provide a broad range of care services to promote the overall well-being of those they serve.


Is Legacy Senior Services legitimate?

Legacy Senior Services is a legitimate nonprofit organization registered as a 501(c)(3) entity. Legacy Senior Services 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: $29,200
Professional Fundraising Fees: $0
Other Salaries and Wages: $6,464,852

For more financial information, click here


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

Mission Statement of Legacy Senior Services

Legacy Senior Services, a mission-driven organization, strives to create communities that uphold dignity, passion, and respect for adults. By partnering with various not-for-profit entities nationwide, this corporation extends its reach and influence to provide comprehensive care for elderly and vulnerable individuals.

At the heart of Legacy Senior Services' endeavors lies the provision of broad continuums of care, dedicated to promoting the health, mind, and spirit of those it serves. The organization operates skilled nursing facilities and senior housing communities, offering a range of services tailored to meet the unique needs of its residents.

In practice, Legacy Senior Services operates multiple facilities, including a 49-bed skilled nursing facility and a 20-unit independent living facility. These communities serve as sanctuaries, providing elderly and other vulnerable individuals with essential healthcare, residential, and social services.

Beyond its primary facility, Legacy Senior Services is also the sole member of four other limited liability companies, each operating as skilled nursing, assisted living, and/or independent living facilities. These entities cater to diverse populations and have an average daily census of varying sizes, with some facilities accommodating up to 138 assisted living units. All of the skilled nursing facilities hold certifications from both Medicare and Medicaid.

In summary, Legacy Senior Services is a compassionate organization dedicated to creating dignified living environments for adults. By providing a continuum of care and partnering with other not-for-profit entities, it seeks to positively impact the lives of elderly and vulnerable individuals.

Impact

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




Thursday, August 15, 2024

Legacy Senior Services impacts the lives of elderly and vulnerable individuals by providing them with housing, healthcare, and support services through its skilled nursing facilities and senior housing communities. The organization's mission is to create communities of dignity, passion, and respect for adults, while also partnering with other nonprofit organizations to offer comprehensive care that promotes health, mind, and spirit. Legacy Senior Services plays a vital role in ensuring that individuals in need receive the necessary care and support to live fulfilling and enriched 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: $711
  • Program Service Revenue: $14,926,223
  • Gross Receipts: $16,303,160

    • Assets and Liabilities:
  • Total Assets: $10,817,792
  • Total Liabilities: $8,390,097
  • Net Assets: $2,427,695
  • Programs

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

    Resident Service Revenue

    Revenue

    $14,871,265

    Miscellaneous Revenue

    Revenue

    $54,958

    Organization Details

    Founding Year

    2001

    Principal Officer

    Eric Lunde

    Main Address

    14416 Spring Lake Road, Minnetonka, MN, 55345

    NTEE Category

    Code: E91 - Health

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