Overview
What is American Eagle Lifecare Corporation?
American Eagle Lifecare Corporation is a nonprofit organization that operates nursing homes, senior living facilities, and assisted living facilities throughout the United States. Their mission is to provide healthcare and other services to the elderly and infirm or disabled and/or disadvantaged persons. The organization adheres to charity care policies, offering services for free or at reduced rates to those who meet specific criteria, such as those whose income falls below Federal poverty guidelines or who are uninsured. American Eagle Lifecare Corporation's facilities are located in various parts of the country, and they employ a substantial workforce of over 1500 people dedicated to serving their communities. In addition, the organization invests in educational programs and research in the area of learning science and innovative educational tools to support their mission.
What are the reviews and ratings of this charity?
Charity Navigator Rating: Very poor
American Eagle Lifecare Corporation has received a very poor rating of 49% from Charity Navigator, which indicates significant concerns regarding its accountability and finance practices. The organization has a zero-star rating, primarily due to a lack of independent board members and missing financial statements. While it has a reasonable program expense ratio of 78.54%, which suggests a focus on programmatic spending, its overall financial health is worrisome with a liabilities to assets ratio of 95.81%.
The nonprofit does exhibit some strengths, such as having established conflict of interest and whistleblower policies, along with documented board meeting minutes. These attributes reflect a level of governance that is commendable. However, the absence of an independent board and the failure to publicly share crucial financial documents undermine the transparency expected from nonprofits.
Overall, American Eagle Lifecare Corporation faces significant challenges in terms of financial management and governance. The lack of independent oversight and missing critical financial disclosures may hinder its credibility and trustworthiness among donors and stakeholders.
This AI summary has been generated from information found on Charity Navigator.
Is American Eagle Lifecare Corporation legitimate?
American Eagle Lifecare Corporation is a legitimate nonprofit organization registered as a 501(c)(3) entity. American Eagle Lifecare Corporation 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.
Heare are some key statistics you may want to consider:
Executive Compensation: $1,291,177
Professional Fundraising Fees: $0
Other Salaries and Wages: $24,853,540
For more financial information, click here
What is the mission statement of American Eagle Lifecare Corporation?
American Eagle Lifecare Corporation is dedicated to acquiring, owning, maintaining, and operating nursing homes, senior living facilities, and assisted living facilities in the United States. They provide essential healthcare and other services to the elderly, infirm, and disabled persons, showing commitment to enhancing their quality of life. In addition to their primary focus, the organization engages in the development and deployment of educational programs and innovative research in the field of learning science. Their aim is to create and disseminate educational tools and resources via various media to support training and learning purposes.
Who is the CEO of American Eagle Lifecare Corporation?
Unavailable The CEO's salary of American Eagle Lifecare Corporation is $140,000 and their total compensation is $140,000.
What is the revenue of American Eagle Lifecare Corporation?
American Eagle Lifecare Corporation's revenue in 2021 was $57,418,152.
Who are the executives of American Eagle Lifecare Corporation and what are their salaries?
The average compensation at American Eagle Lifecare Corporation during 2021 was $17,257. There are 1515 employees and 28 volunteers at American Eagle Lifecare Corporation.
Here are 10 key members and their salaries (American Eagle Lifecare Corporation's CEO's salary is $140,000 and their total compensation is $140,000):
- Compensation: $140,000
- Related: $0
- Other: $0
- Compensation: $110,000
- Related: $0
- Other: $0
- Compensation: $140,000
- Related: $0
- Other: $0
- Compensation: $0
- Related: $0
- Other: $0
- Compensation: $30,000
- Related: $0
- Other: $0
- Compensation: $174,770
- Related: $0
- Other: $7,438
- Compensation: $417,800
- Related: $0
- Other: $8,459
- Compensation: $254,251
- Related: $0
- Other: $8,459
- Compensation: $130,002
- Related: $0
- Other: $24,814
- Compensation: $142,392
- Related: $0
- Other: $455
Where can I find the form 990 for American Eagle Lifecare Corporation?
American Eagle Lifecare Corporation's most recent form 990 was submitted in 2021 and can be accessed here.
Mission Statement of American Eagle Lifecare Corporation
American Eagle Lifecare Corporation, a reputable organization, is dedicated to acquiring, owning, maintaining, and operating nursing homes, senior living facilities, and assisted living facilities, as well as related facilities. These facilities cater to the healthcare needs of the elderly and infirm, disabled, and disadvantaged persons in the United States. In addition to this essential mission, American Eagle Lifecare Corporation also engages in the development and deployment of educational programs and supporting research in the field of learning science and innovative educational programs and tools. These initiatives are designed for training and educational purposes in various media formats. The organization's commitment to enhancing the quality of life for its residents is a testament to its unwavering dedication to providing essential services and resources to those in need. Through its operation of healthcare facilities and educational initiatives, American Eagle Lifecare Corporation continues to make a significant impact on the lives of countless individuals. By focusing on both the physical and intellectual well-being of its residents and clients, the organization sets itself apart as a leader in the provision of comprehensive care and support for the elderly and infirm population.
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Impact
August, 2024
American Eagle Lifecare Corporation's impact is significant in providing healthcare and services to the elderly and infirm across the United States. The organization owns and operates nursing homes, senior living facilities, assisted living facilities, and related facilities, ensuring that these vulnerable populations receive the care and support they need. Additionally, American Eagle Lifecare Corporation offers charity care to patients who meet specific criteria, including federal poverty guidelines, family assets, and employment status, among others. Through its commitment to serving those in need, the organization plays a crucial role in improving the quality of life for elderly individuals and supporting their well-being.
This information is meant to be a general summary of American Eagle Lifecare Corporation. Please take the time to review official sources before making any decisions based upon the content provided here.
Financials
This financial information is from Propublica.
Other financial information:
This information is from the most recently submitted tax form from this organization, which was in 2021.
- Investment Income: -$8,373,500
- Program Service Revenue: $61,819,612
- Gross Receipts: $65,794,252
Assets and Liabilities:
- Total Assets: $303,368,922
- Total Liabilities: $278,154,575
- Net Assets: $25,214,347
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Programs
Programs are reported by nonprofits in their tax forms and are normally their tax-exempt activities.
PATIENT SERVICE REVENUE
Revenue
$58,524,706
MANAGEMENT FEE REVENUE
Revenue
$565,285
MISSION CONTRIBUTION
Revenue
$1,330,000
LEASE REVENUE
Revenue
$1,399,621
Organization Details
Founding Year
2002
Phone
(615) 252-2305Main Address
3819 Hawk Crest Road, Ann Arbor, MI, 48103
NTEE Category
Code: E91 - Health
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