Lutheran Homes of Michigan, Inc.

Overview

Lutheran Homes of Michigan, Inc. is a nonprofit organization based in Saginaw, Michigan, focused on providing comprehensive healthcare and support services, primarily for seniors. Established as a tax-exempt entity in July 1941, it operates under the classification of a health organization, particularly serving the needs of the elderly through various services including skilled nursing care, assisted living, and other related health services.

Mission and Vision

The mission of Lutheran Homes of Michigan is to enhance the quality of life for older adults and their families by providing a range of services designed to meet their health and social needs. The organization emphasizes a compassionate approach to care, enriching the lives of its residents and clients through personalized support and community engagement.

Programs and Services

Lutheran Homes of Michigan operates several programs and services targeting elderly individuals. These include:

• Skilled Nursing Facilities: Providing round-the-clock nursing care and rehabilitation services.
• Assisted Living: Offering support with daily activities while promoting independence.
• Home Health Care Services: Delivering in-home assistance for medical and personal care needs.
• Community Services: Engaging with the local community to provide resources and support for families and individuals in need.

Financials

As of the latest fiscal year, Lutheran Homes of Michigan reported total revenues of approximately $36.3 million against total expenses of about $37.9 million, resulting in a net income loss of approximately $1.6 million. The organization's financial activities include significant revenue from program services, contributions, and other sources, reflecting its operational priorities in serving the community.

• Total Assets: Approximately $59.7 million
• Total Liabilities: Approximately $31.3 million

Governance

The organization is governed by a board of directors, although specific details about its members and governance practices are not publicly disclosed. Lutheran Homes of Michigan adheres to the principles of transparency and accountability in its operations, engaging with stakeholders and the community to ensure its services align with the needs of the population it serves.

Community Impact

With a long history of service, Lutheran Homes of Michigan plays a crucial role in the health care landscape of Michigan. It not only provides essential services to seniors but also engages in community outreach, promoting awareness of senior care issues and supporting families through challenging transitions. Its contributions extend beyond healthcare by fostering a sense of community and support among residents and their families.

Conclusion

Lutheran Homes of Michigan, Inc. represents a significant player in the nonprofit sector, dedicated to enhancing the well-being of older adults in Michigan. With a commitment to quality care and community involvement, it continues to adapt and respond to the evolving needs of the populations it serves.