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Vernon Continuing Care Homes Inc

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

EIN: 020427450 ✦ Kittery, ME ✦ Designated as a 501(c)(3)

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Overview

What is Vernon Continuing Care Homes Inc?

Vernon Continuing Care Homes Inc is a nonprofit organization committed to offering continuing care for the elderly. Their mission is to establish and operate a comprehensive care facility that caters to the needs of the elderly population. Through various programs, they aim to provide holistic care, ensuring the comfort and well-being of their elderly residents.


Official website here: www.meetinghousevillage.org

What are the reviews and ratings of this charity?

Charity Navigator Rating: 84% (Three-Star out of Four Stars)

Vernon Continuing Care Homes Inc has received an overall score of 84%, indicating a solid level of accountability and finance management. The rating primarily reflects the organization’s adherence to transparency and responsible financial practices, which is crucial for donor trust and effective nonprofit operations.

The organization demonstrates strong governance with a fully independent board, scoring 100% in that category. Their financial management is commendable, as evidenced by a low liabilities-to-assets ratio of 39.07% and a high program expense ratio of 91.23%, indicating that a significant portion of their funds is directed towards their programs and services.

However, there are some areas for improvement. The absence of a conflict of interest policy and a whistleblower policy points to potential governance weaknesses that may need addressing to enhance their operational integrity. Overall, while Vernon Continuing Care Homes Inc shows strong financial accountability, enhancing its governance policies could further bolster its credibility and effectiveness.


This AI summary has been generated from information found on Charity Navigator.

Is Vernon Continuing Care Homes Inc legitimate?

Vernon Continuing Care Homes Inc is a legitimate nonprofit organization registered as a 501(c)(3) entity. Vernon Continuing Care 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.


Heare are some key statistics you may want to consider:

Executive Compensation: $140,462
Professional Fundraising Fees: $0
Other Salaries and Wages: $194,423

For more financial information, click here


Official website here: www.meetinghousevillage.org

What is the mission statement of Vernon Continuing Care Homes Inc?

Vernon Continuing Care Homes Inc is committed to providing continuous care for the elderly. Their mission is to establish and operate a continuing care home, offering various programs to cater to the needs of the elderly population. The organization is dedicated to enhancing the quality of life for senior citizens, ensuring they receive the care they require throughout their later years. The home's programs are designed to address the physical, emotional, and social needs of the elderly, promoting their overall well-being and independence.


Official website here: www.meetinghousevillage.org

Who is the CEO of Vernon Continuing Care Homes Inc?

Larry Knowles is the Executive Di of Vernon Continuing Care Homes Inc.


Official website here: www.meetinghousevillage.org

What is the revenue of Vernon Continuing Care Homes Inc?

Vernon Continuing Care Homes Inc's revenue in 2022 was $1,433,290.


Official website here: www.meetinghousevillage.org

Who are the executives of Vernon Continuing Care Homes Inc and what are their salaries?

The average compensation at Vernon Continuing Care Homes Inc during 2022 was $33,488. There are 10 employees at Vernon Continuing Care Homes Inc.


Here are 12 key members and their salaries:


Larry Knowles (Executive Di)
  • Compensation: $140,462
  • Related: $0
  • Other: $0
Rev Bruce Burks (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Kathie Davis (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Glenda Dwyer (Chairman)
  • Compensation: $0
  • Related: $0
  • Other: $0
Alfred Goodwin (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Judy Jewett (Recorder)
  • Compensation: $0
  • Related: $0
  • Other: $0
John Jones (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Rev William Monroe (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Deborah Reed (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Jean Squire (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0
Scott Towle (Treasurer)
  • Compensation: $0
  • Related: $0
  • Other: $0
Darrell Young (Board Member)
  • Compensation: $0
  • Related: $0
  • Other: $0


Official website here: www.meetinghousevillage.org

Where can I find the form 990 for Vernon Continuing Care Homes Inc?

Vernon Continuing Care Homes Inc's most recent form 990 was submitted in 2022 and can be accessed here.


Official website here: www.meetinghousevillage.org

Learn more at the official website: www.meetinghousevillage.org

Mission Statement of Vernon Continuing Care Homes Inc

Vernon Continuing Care Homes Inc is committed to providing continuing care for the elderly. Their mission is to establish and operate a home that caters to the needs of the elderly population. This nonprofit organization is dedicated to offering various programs aimed at ensuring the elderly receive the care they require, fostering an environment that supports their well-being and quality of life.

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Impact




July, 2024

Vernon Continuing Care Homes Inc has a significant impact on the community by providing continuing care for the elderly through various programs. Their dedicated mission to establish a continuing care home for the elderly in Kittery, ME, helps ensure that older individuals have access to the care and support they need as they age. Through their commitment to human services, Vernon Continuing Care Homes positively impacts the lives of elderly individuals and their families by providing a safe and supportive environment for their care and well-being.




This information is meant to be a general summary of Vernon Continuing Care Homes Inc. 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.

Revenue
$1,433,290 (2022)
201120122013201420152016201720182019202020212022$0$400k$800k$1.2M$1.6M
Expenses
$2,249,353 (2022)
201120122013201420152016201720182019202020212022$0$600k$1.2M$1.8M$2.4M
Efficiency
2011201220132014201520162017201820192020202120220%5%10%15%24%

Other financial information:

This information is from the most recently submitted tax form from this organization, which was in 2022.

  • Investment Income: $66,621
  • Program Service Revenue: $1,324,829
  • Gross Receipts: $1,433,290

Assets and Liabilities:

  • Total Assets: $5,650,724
  • Total Liabilities: $2,207,976
  • Net Assets: $3,442,748

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Programs

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

PROGRAM SERVICE REVENUE

Revenue

$1,324,829

Organization Details

Principal Officer

Larry Knowles

Main Address

143 ROGERS ROAD, KITTERY, ME, 03904

NTEE Category

Code: P75 - Human services

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