Sholom Home East Inc

Sholom Home East Inc is a 501(c)(3) nonprofit organization that operates under the laws of the state of Minnesota. It is part of the broader Sholom organization, which specializes in providing a range of residential, social, and healthcare services primarily for older adults from diverse backgrounds.

Purpose and Services

Sholom Home East Inc offers a comprehensive continuum of services. These include senior independent living, assisted living, memory care, and short-term rehabilitation. The organization aims to provide these services within a communal environment that supports the well-being of its residents.

Financial Overview

The primary sources of revenue for Sholom Home East Inc are program services, which account for the majority of its income, followed by contributions and other smaller revenue streams such as investment income and rental property income[1]. The organization's financial operations are managed with the goal of supporting its mission to provide high-quality care and housing options for seniors.

Governance and Compliance

As a 501(c)(3) organization, Sholom Home East Inc is required to file annual tax returns, known as Form 990, to provide transparency into its activities, finances, and governance structure. These reports are publicly available and provide insights into the organization's operational efficiency and financial stability[1][3].

Tax Deductible Donations

Contributions to Sholom Home East Inc are tax deductible, which encourages donations to support its mission in providing essential services to older adults[1].

Category and Type

Sholom Home East Inc falls under the Housing, Shelter, and Housing Development, Construction, Management category, as defined by the National Taxonomy of Exempt Entities (NTEE)[1].